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Hilong Holding (HKSE:01623) Pretax Margin % : 11.01% (As of Jun. 2023)


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What is Hilong Holding Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hilong Holding's Pre-Tax Income for the six months ended in Jun. 2023 was HK$254 Mil. Hilong Holding's Revenue for the six months ended in Jun. 2023 was HK$2,304 Mil. Therefore, Hilong Holding's pretax margin for the quarter that ended in Jun. 2023 was 11.01%.

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

HKSE:01623' s Pretax Margin % Range Over the Past 10 Years
Min: -8.76   Med: 7.62   Max: 18.03
Current: 8.98


HKSE:01623's Pretax Margin % is ranked better than
58.49% of 978 companies
in the Oil & Gas industry
Industry Median: 5.875 vs HKSE:01623: 8.98

Hilong Holding Pretax Margin % Historical Data

The historical data trend for Hilong Holding'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.

Hilong Holding Pretax Margin % Chart

Hilong Holding 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 7.22 8.56 -8.76 4.91 5.64

Hilong Holding 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 4.82 5.03 4.10 6.93 11.01

Competitive Comparison of Hilong Holding's Pretax Margin %

For the Oil & Gas Equipment & Services subindustry, Hilong Holding'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.


Hilong Holding's Pretax Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hilong Holding's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Hilong Holding's Pretax Margin % falls into.



Hilong Holding 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.

Hilong Holding'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 )
=235.429/4172.133
=5.64 %

Hilong Holding'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 )
=253.555/2303.933
=11.01 %

* 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.


Hilong Holding  (HKSE:01623) 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.


Hilong Holding Pretax Margin % Related Terms

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Hilong Holding (HKSE:01623) Business Description

Traded in Other Exchanges
Address
No. 1825, Luodong Road, Baoshan Industrial Zone, Shanghai, CHN, 200949
Hilong Holding Ltd manufactures and distributes oil and gas drilling equipment and coating materials, and provisions coating, oilfield, and offshore engineering services. Its segments include Oilfield equipment manufacturing and services including the production of oilfield equipment and provision of OCTG coating services; Line pipe technology and services including the provision of services related to oil and gas pipelines and production of coating materials for anti-corrosive and anti-friction purposes; Oilfield services including the provision of well drilling services, integrated comprehensive services, OCTG trading and related services to oil and gas producers; and Offshore engineering services includes the provision of offshore engineering services and offshore design services.

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