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Bank of Shanghai Co (SHSE:601229) Pretax Margin % : 55.38% (As of Mar. 2024)


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What is Bank of Shanghai Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Bank of Shanghai Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥7,252 Mil. Bank of Shanghai Co's Revenue for the three months ended in Mar. 2024 was ¥13,094 Mil. Therefore, Bank of Shanghai Co's pretax margin for the quarter that ended in Mar. 2024 was 55.38%.

The historical rank and industry rank for Bank of Shanghai Co's Pretax Margin % or its related term are showing as below:

SHSE:601229' s Pretax Margin % Range Over the Past 10 Years
Min: 41.9   Med: 46.36   Max: 52.15
Current: 52.15


SHSE:601229's Pretax Margin % is ranked better than
85.15% of 1461 companies
in the Banks industry
Industry Median: 32.77 vs SHSE:601229: 52.15

Bank of Shanghai Co Pretax Margin % Historical Data

The historical data trend for Bank of Shanghai Co'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.

Bank of Shanghai Co Pretax Margin % Chart

Bank of Shanghai Co 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 44.93 44.16 41.90 45.28 51.24

Bank of Shanghai Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 51.89 59.70 38.31 55.42 55.38

Competitive Comparison of Bank of Shanghai Co's Pretax Margin %

For the Banks - Regional subindustry, Bank of Shanghai Co'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.


Bank of Shanghai Co's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Shanghai Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Bank of Shanghai Co's Pretax Margin % falls into.



Bank of Shanghai Co 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.

Bank of Shanghai Co'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 )
=25897.09/50537.196
=51.24 %

Bank of Shanghai Co's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=7252.135/13094.415
=55.38 %

* 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.


Bank of Shanghai Co  (SHSE:601229) 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.


Bank of Shanghai Co Pretax Margin % Related Terms

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Bank of Shanghai Co (SHSE:601229) Business Description

Traded in Other Exchanges
N/A
Address
No. 168, Middle Yincheng Road, Pudong New District, Shanghai, CHN, 200120
Bank of Shanghai Co Ltd is a commercial banking company. It is primarily involved in providing banking and financial services such as Corporate banking, Retail banking, Treasury business and others. Geographically, the business presence of the firm is seen across the region of Shanghai, Yangtze River Delta, excluding Shanghai and others.
Executives
Wang Ming senior management
Hu De Bin senior management
Li Xiao Hong senior management
Zhu Jian Directors, senior managers
Cui Qing Jun senior management
Shi Hong Min Directors, senior managers
Huang Tao senior management
Hu You Lian Directors, senior managers
Li Chao Kun Director
Liu Ji Nan Supervisors
Feng Xue Fei Supervisors

Bank of Shanghai Co (SHSE:601229) Headlines

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