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China Evergrande Group (China Evergrande Group) Pretax Margin % : -25.29% (As of Jun. 2023)


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What is China Evergrande Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. China Evergrande Group's Pre-Tax Income for the six months ended in Jun. 2023 was $-4,526 Mil. China Evergrande Group's Revenue for the six months ended in Jun. 2023 was $17,899 Mil. Therefore, China Evergrande Group's pretax margin for the quarter that ended in Jun. 2023 was -25.29%.

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

EGRNF' s Pretax Margin % Range Over the Past 10 Years
Min: -279.54   Med: 20.53   Max: 28
Current: -23.86


EGRNF's Pretax Margin % is ranked worse than
78.98% of 1789 companies
in the Real Estate industry
Industry Median: 8.76 vs EGRNF: -23.86

China Evergrande Group Pretax Margin % Historical Data

The historical data trend for China Evergrande Group'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.

China Evergrande Group Pretax Margin % Chart

China Evergrande Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.19 15.53 13.45 -279.54 -49.01

China Evergrande Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 8.04 -2,623.46 -90.69 -22.58 -25.29

Competitive Comparison of China Evergrande Group's Pretax Margin %

For the Real Estate - Development subindustry, China Evergrande Group'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.


China Evergrande Group's Pretax Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Evergrande Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where China Evergrande Group's Pretax Margin % falls into.



China Evergrande Group 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.

China Evergrande Group's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-16174.391/33000.129
=-49.01 %

China Evergrande Group's Pretax Margin for the quarter that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=-4525.931/17898.875
=-25.29 %

* 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.


China Evergrande Group  (OTCPK:EGRNF) 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.


China Evergrande Group Pretax Margin % Related Terms

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China Evergrande Group (China Evergrande Group) Business Description

Traded in Other Exchanges
Address
Number. 78 Huangpu Avenue West, Tianhe District, Guangdong Province, Guangzhou, CHN, 510620
China Evergrande Group is a large real estate developer. In 2019, it was ranked in third place by sales value among developers in China. It has projects in more than 200 cities across China and property development accounts for 90% of earnings. The firm also has interests in banking, insurance, tourism, and healthcare. Evergrande was listed in Hong Kong in late 2009. The company is in the process of spinning off its real estate business into a Shenzhen-listed entity. Free float is 25%, with the company's founder Hui Ka Yan holding the remaining share.