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Dehua Tb New Decoration Material Co (SZSE:002043) Pretax Margin % : 8.12% (As of Mar. 2024)


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What is Dehua Tb New Decoration Material Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Dehua Tb New Decoration Material Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥120 Mil. Dehua Tb New Decoration Material Co's Revenue for the three months ended in Mar. 2024 was ¥1,483 Mil. Therefore, Dehua Tb New Decoration Material Co's pretax margin for the quarter that ended in Mar. 2024 was 8.12%.

The historical rank and industry rank for Dehua Tb New Decoration Material Co's Pretax Margin % or its related term are showing as below:

SZSE:002043' s Pretax Margin % Range Over the Past 10 Years
Min: 3.69   Med: 9.68   Max: 11.49
Current: 9.7


SZSE:002043's Pretax Margin % is ranked better than
77.35% of 287 companies
in the Forest Products industry
Industry Median: 2.92 vs SZSE:002043: 9.70

Dehua Tb New Decoration Material Co Pretax Margin % Historical Data

The historical data trend for Dehua Tb New Decoration Material 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.

* Premium members only.

Dehua Tb New Decoration Material Co Pretax Margin % Chart

Dehua Tb New Decoration Material Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.27 8.73 10.12 6.86 10.01

Dehua Tb New Decoration Material Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.15 12.69 9.26 8.80 8.12

Competitive Comparison of Dehua Tb New Decoration Material Co's Pretax Margin %

For the Lumber & Wood Production subindustry, Dehua Tb New Decoration Material 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.


Dehua Tb New Decoration Material Co's Pretax Margin % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Dehua Tb New Decoration Material Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Dehua Tb New Decoration Material Co's Pretax Margin % falls into.



Dehua Tb New Decoration Material 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.

Dehua Tb New Decoration Material Co's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=907.533/9062.859
=10.01 %

Dehua Tb New Decoration Material Co's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=120.359/1482.677
=8.12 %

* 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.


Dehua Tb New Decoration Material Co  (SZSE:002043) 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.


Dehua Tb New Decoration Material Co Pretax Margin % Related Terms

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Dehua Tb New Decoration Material Co (SZSE:002043) Business Description

Traded in Other Exchanges
N/A
Address
Luoshe Town Industrial Zone, Deqing County, Zhejiang Province, Huzhou, CHN, 313200
Dehua Tb New Decoration Material Co Ltd is a China-based decorative plywood manufacturer. Its product portfolio comprises veneers, plywood, flitches, wooden doors, adhesive products, raw wood and single boards, and others. The company sells its products in China and also exports it to the other international countries.
Executives
Lu Li Hua Directors, executives
Ding Guan Fen Supervisors
Ni Liu Shun Executives
Yao Yan Ying Supervisors
Yao Hong Xia Directors, executives
Zhuo Yan Executives
Xu Jun Directors, Directors, and Executives
Zhang Qi Sheng Independent director
Sun Chao Kun Executives
Wang Bin Bin Executives

Dehua Tb New Decoration Material Co (SZSE:002043) Headlines

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