GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CLP Holdings Ltd (OTCPK:CLPHF) » Definitions » Pretax Margin %

CLP Holdings (CLP Holdings) Pretax Margin % : 10.01% (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is CLP Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. CLP Holdings's Pre-Tax Income for the six months ended in Dec. 2023 was $562 Mil. CLP Holdings's Revenue for the six months ended in Dec. 2023 was $5,617 Mil. Therefore, CLP Holdings's pretax margin for the quarter that ended in Dec. 2023 was 10.01%.

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

CLPHF' s Pretax Margin % Range Over the Past 10 Years
Min: 1.58   Med: 16.9   Max: 25.19
Current: 12.21


CLPHF's Pretax Margin % is ranked better than
56.25% of 512 companies
in the Utilities - Regulated industry
Industry Median: 10.39 vs CLPHF: 12.21

CLP Holdings Pretax Margin % Historical Data

The historical data trend for CLP Holdings'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.

CLP Holdings Pretax Margin % Chart

CLP Holdings 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 9.97 19.48 13.62 1.58 12.21

CLP Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 11.99 -16.28 17.60 14.44 10.01

Competitive Comparison of CLP Holdings's Pretax Margin %

For the Utilities - Regulated Electric subindustry, CLP Holdings'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.


CLP Holdings's Pretax Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CLP Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where CLP Holdings's Pretax Margin % falls into.



CLP Holdings 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.

CLP Holdings'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 )
=1362.775/11161.489
=12.21 %

CLP Holdings's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=562.114/5616.917
=10.01 %

* 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.


CLP Holdings  (OTCPK:CLPHF) 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.


CLP Holdings Pretax Margin % Related Terms

Thank you for viewing the detailed overview of CLP Holdings's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


CLP Holdings (CLP Holdings) Business Description

Traded in Other Exchanges
Address
8 Laguna Verde Avenue, Hung Hom, Kowloon, Hong Kong, HKG
CLP Holdings is the larger of the two electric utility companies in Hong Kong, serving 80% of the city population. It generates, transmits and distributes electricity to about 2.6 million customers in Kowloon and the New Territories through its wholly owned network. The business is regulated by the Hong Kong government with a permitted return on net fixed asset of 8.00%. Besides Hong Kong, the company has expanded its reach overseas, with generation and retail assets in Australia and generation assets in China, India, Taiwan, and Southeast Asia. Its Hong Kong activities made up more than 80% of recurring net profit in 2021.

CLP Holdings (CLP Holdings) Headlines

From GuruFocus

CLP Holdings Ltd's Dividend Analysis

By GuruFocus Research 12-04-2023