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HSBC China Dragon Fund (HKSE:820) Pretax Margin % : 104.77% (As of Sep. 2023)


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What is HSBC China Dragon Fund Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. HSBC China Dragon Fund's Pre-Tax Income for the six months ended in Sep. 2023 was HK$-64.61 Mil. HSBC China Dragon Fund's Revenue for the six months ended in Sep. 2023 was HK$-61.67 Mil. Therefore, HSBC China Dragon Fund's pretax margin for the quarter that ended in Sep. 2023 was 104.77%.

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

HKSE:820' s Pretax Margin % Range Over the Past 10 Years
Min: -27.08   Med: 97.21   Max: 236.94
Current: -27.08


HKSE:820's Pretax Margin % is ranked worse than
89.88% of 1660 companies
in the Asset Management industry
Industry Median: 90.98 vs HKSE:820: -27.08

HSBC China Dragon Fund Pretax Margin % Historical Data

The historical data trend for HSBC China Dragon Fund'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.

HSBC China Dragon Fund Pretax Margin % Chart

HSBC China Dragon Fund Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
Get a 7-Day Free Trial 108.58 133.07 97.21 36.26 236.94

HSBC China Dragon Fund Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 86.49 113.56 104.88 95.72 104.77

Competitive Comparison of HSBC China Dragon Fund's Pretax Margin %

For the Asset Management subindustry, HSBC China Dragon Fund'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.


HSBC China Dragon Fund's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, HSBC China Dragon Fund's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where HSBC China Dragon Fund's Pretax Margin % falls into.



HSBC China Dragon Fund 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.

HSBC China Dragon Fund's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=-10.878/-4.591
=236.94 %

HSBC China Dragon Fund's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-64.608/-61.666
=104.77 %

* 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.


HSBC China Dragon Fund  (HKSE:820) 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.


HSBC China Dragon Fund Pretax Margin % Related Terms

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HSBC China Dragon Fund (HKSE:820) Business Description

Traded in Other Exchanges
N/A
Address
1 Queen's Road Central, Level 22, HSBC Main Building, Hong Kong, HKG
HSBC China Dragon Fund is an asset management company. The firm's investment objective is to achieve long-term capital growth by investing in listed companies.
Executives
Metage Capital Limited 2102 Investment manager
Lazard Asset Management Llc 2102 Investment manager

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