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Meinian Onehealth Healthcare Holdings Co (SZSE:002044) Pretax Margin % : -18.58% (As of Mar. 2024)


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What is Meinian Onehealth Healthcare Holdings Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Meinian Onehealth Healthcare Holdings Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥-335 Mil. Meinian Onehealth Healthcare Holdings Co's Revenue for the three months ended in Mar. 2024 was ¥1,801 Mil. Therefore, Meinian Onehealth Healthcare Holdings Co's pretax margin for the quarter that ended in Mar. 2024 was -18.58%.

The historical rank and industry rank for Meinian Onehealth Healthcare Holdings Co's Pretax Margin % or its related term are showing as below:

SZSE:002044' s Pretax Margin % Range Over the Past 10 Years
Min: -5.7   Med: 11.18   Max: 17.08
Current: 6.45


SZSE:002044's Pretax Margin % is ranked better than
62.56% of 657 companies
in the Healthcare Providers & Services industry
Industry Median: 2.59 vs SZSE:002044: 6.45

Meinian Onehealth Healthcare Holdings Co Pretax Margin % Historical Data

The historical data trend for Meinian Onehealth Healthcare Holdings 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.

Meinian Onehealth Healthcare Holdings Co Pretax Margin % Chart

Meinian Onehealth Healthcare Holdings 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 -5.70 9.89 3.96 -5.23 7.78

Meinian Onehealth Healthcare Holdings 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 -7.98 9.51 10.79 13.49 -18.58

Competitive Comparison of Meinian Onehealth Healthcare Holdings Co's Pretax Margin %

For the Medical Care Facilities subindustry, Meinian Onehealth Healthcare Holdings 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.


Meinian Onehealth Healthcare Holdings Co's Pretax Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Meinian Onehealth Healthcare Holdings Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Meinian Onehealth Healthcare Holdings Co's Pretax Margin % falls into.



Meinian Onehealth Healthcare Holdings 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.

Meinian Onehealth Healthcare Holdings 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 )
=848.055/10893.535
=7.78 %

Meinian Onehealth Healthcare Holdings 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 )
=-334.651/1801.337
=-18.58 %

* 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.


Meinian Onehealth Healthcare Holdings Co  (SZSE:002044) 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.


Meinian Onehealth Healthcare Holdings Co Pretax Margin % Related Terms

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Meinian Onehealth Healthcare Holdings Co (SZSE:002044) Business Description

Traded in Other Exchanges
N/A
Address
No. 218 Renmin East Road, Jiangsu Province, Nantong, CHN, 200072
Meinian Onehealth Healthcare Holdings Co Ltd is engaged in the provision of physical examination and medical services. The firm provides health consultation, and health assessment services among others.
Executives
Ning Yi Executives
Lin Lin Executives
Xu Ke Director
Yu Rong Director
Guo Mei Ling Director
Hu Rui Lian Director
Yu Ji Ye Supervisors
Wen Hai Yan Executives
Li Jun De Director
Cui Lan Supervisors
Zhang Bin Yun Director
Shen Yong Yan Executives
Zhang Song Executives
Ge Qiu Executives
Xu Xiang Dong Directors, executives

Meinian Onehealth Healthcare Holdings Co (SZSE:002044) Headlines

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