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Grand Ocean Advanced Resources Co (HKSE:00065) Pre-Tax Income : HK$-32.8 Mil (TTM As of Dec. 2023)


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What is Grand Ocean Advanced Resources Co Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Grand Ocean Advanced Resources Co's pretax income for the six months ended in Dec. 2023 was HK$-5.8 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-32.8 Mil. Grand Ocean Advanced Resources Co's pretax margin was -5.44%.

During the past 13 years, Grand Ocean Advanced Resources Co's highest Pretax Margin was 17.26%. The lowest was -50.61%. And the median was -21.76%.


Grand Ocean Advanced Resources Co Pre-Tax Income Historical Data

The historical data trend for Grand Ocean Advanced Resources Co's Pre-Tax Income 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.

Grand Ocean Advanced Resources Co Pre-Tax Income Chart

Grand Ocean Advanced Resources Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.28 -67.32 31.59 32.90 -32.84

Grand Ocean Advanced Resources Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pre-Tax Income 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 36.70 21.32 11.58 -27.06 -5.78

Competitive Comparison of Grand Ocean Advanced Resources Co's Pre-Tax Income

For the Thermal Coal subindustry, Grand Ocean Advanced Resources Co's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


Grand Ocean Advanced Resources Co's Pre-Tax Income Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Grand Ocean Advanced Resources Co's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Grand Ocean Advanced Resources Co's Pre-Tax Income falls into.



Grand Ocean Advanced Resources Co Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Grand Ocean Advanced Resources Co's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-34.214+0+-0.827+1.796+0.409
=-32.8

Grand Ocean Advanced Resources Co's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-29.807+0+-0.075+0+24.101
=-5.8

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-32.8 Mil.

* 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.


Grand Ocean Advanced Resources Co  (HKSE:00065) Pre-Tax Income Explanation

Grand Ocean Advanced Resources Co's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=-5.781/106.217
=-5.44%

During the past 13 years, Grand Ocean Advanced Resources Co's highest Pretax Margin was 17.26%. The lowest was -50.61%. And the median was -21.76%.

* 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.


Grand Ocean Advanced Resources Co Pre-Tax Income Related Terms

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Grand Ocean Advanced Resources Co (HKSE:00065) Business Description

Traded in Other Exchanges
N/A
Address
255-257 Gloucester Road, Suite 1602, Sino Plaza, Hong Kong, HKG
Grand Ocean Advanced Resources Co Ltd is an investment holding company that is engaged in the coal mining business. The Group has one reportable operating segment which is the Coal Mining Business. Majority of its revenue is generated from PRC except Hong Kong.
Executives
Cao Min 2201 Interest of corporation controlled by you
Yuan Nian Guo Ji Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Sungold Developments Group Limited 2101 Beneficial owner
Ninetynine Technology Service Limited 2101 Beneficial owner
Liu Chang Deng 2101 Beneficial owner
Xiao Bingnan 2101 Beneficial owner
Blossom International Investment Holdings Limited 2201 Interest of corporation controlled by you
Blossom Investment Consultant Limited 2101 Beneficial owner
Yang Fang 2201 Interest of corporation controlled by you

Grand Ocean Advanced Resources Co (HKSE:00065) Headlines

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