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Guangdong High Dream Intellectualized Machinery Co (SZSE:300720) Pretax Margin % : 14.97% (As of Mar. 2024)


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What is Guangdong High Dream Intellectualized Machinery Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Guangdong High Dream Intellectualized Machinery Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥6.4 Mil. Guangdong High Dream Intellectualized Machinery Co's Revenue for the three months ended in Mar. 2024 was ¥43.0 Mil. Therefore, Guangdong High Dream Intellectualized Machinery Co's pretax margin for the quarter that ended in Mar. 2024 was 14.97%.

The historical rank and industry rank for Guangdong High Dream Intellectualized Machinery Co's Pretax Margin % or its related term are showing as below:

SZSE:300720' s Pretax Margin % Range Over the Past 10 Years
Min: 18.49   Med: 32.32   Max: 37.6
Current: 18.49


SZSE:300720's Pretax Margin % is ranked better than
87.43% of 2975 companies
in the Industrial Products industry
Industry Median: 6.51 vs SZSE:300720: 18.49

Guangdong High Dream Intellectualized Machinery Co Pretax Margin % Historical Data

The historical data trend for Guangdong High Dream Intellectualized Machinery 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.

Guangdong High Dream Intellectualized Machinery Co Pretax Margin % Chart

Guangdong High Dream Intellectualized Machinery 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 28.82 37.60 35.16 23.37 18.61

Guangdong High Dream Intellectualized Machinery 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 15.48 24.01 24.62 11.59 14.97

Competitive Comparison of Guangdong High Dream Intellectualized Machinery Co's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Guangdong High Dream Intellectualized Machinery 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.


Guangdong High Dream Intellectualized Machinery Co's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangdong High Dream Intellectualized Machinery Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Guangdong High Dream Intellectualized Machinery Co's Pretax Margin % falls into.



Guangdong High Dream Intellectualized Machinery 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.

Guangdong High Dream Intellectualized Machinery 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 )
=41.965/225.5
=18.61 %

Guangdong High Dream Intellectualized Machinery 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 )
=6.446/43.049
=14.97 %

* 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.


Guangdong High Dream Intellectualized Machinery Co  (SZSE:300720) 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.


Guangdong High Dream Intellectualized Machinery Co Pretax Margin % Related Terms

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Guangdong High Dream Intellectualized Machinery Co (SZSE:300720) Business Description

Traded in Other Exchanges
N/A
Address
No.3, Longzhan Road, Huanglong Village Committee, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528311
Guangdong High Dream Intellectualized Machinery Co Ltd manufactures and sells weighing machineries in China. The company's products include intelligent combination scales, metal detector, loss-in-weight feeders and ancillary equipment. Its products are used for the weighing in food, plastic and chemical industries, as well as for the dynamic measurement in feeding, batching and other processes.

Guangdong High Dream Intellectualized Machinery Co (SZSE:300720) Headlines

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