The historical rank and industry rank for Luzhou Laojiao Co's Pretax Margin % or its related term are showing as below:
SZSE:000568'
s Pretax Margin % Range Over the Past 10 Years
Min: 22.74 Med: 37.14 Max: 59.7
Current: 59.7
SZSE:000568's Pretax Margin % is ranked better than 97.63% of 211
companies
in the Beverages - Alcoholic industry
Industry Median: 8.18
vs SZSE:000568: 59.70
Luzhou Laojiao Co Pretax Margin % Historical Data
The historical data trend for Luzhou Laojiao Co's Pretax Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Luzhou Laojiao Co's Pretax Margin %
For the Beverages - Wineries & Distilleries subindustry, Luzhou Laojiao Co's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Luzhou Laojiao Co's Pretax Margin % Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Luzhou Laojiao Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Luzhou Laojiao Co's Pretax Margin % falls into.
Luzhou Laojiao Co Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
Luzhou Laojiao Co's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Luzhou Laojiao Co (SZSE:000568) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Luzhou Laojiao Co Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Luzhou Laojiao Co's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Luzhou Laojiao Co (SZSE:000568) Business Description
Luzhou Laojiao, or Laojiao, is one of China's leading premium baijiu producers. Its primary product, National Cellar 1573, is widely known as one of the best rich-flavored baijiu in the market, which together with Feitian Moutai and flagship Wuliangye are the top three premium products that dominate more than 90% of the high-end baijiu market. The high-quality products, extensive history, and brand strength have led to strong pricing power, allowing the company to enjoy high retail prices and profit margins. The State-Owned Assets Supervision and Administration Commission of Luzhou City controls 46% of Luzhou Laojiao.
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