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Bank of Chengdu Co (SHSE:601838) Pretax Margin % : 59.99% (As of Mar. 2024)


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What is Bank of Chengdu Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Bank of Chengdu Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥3,365 Mil. Bank of Chengdu Co's Revenue for the three months ended in Mar. 2024 was ¥5,609 Mil. Therefore, Bank of Chengdu Co's pretax margin for the quarter that ended in Mar. 2024 was 59.99%.

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

SHSE:601838' s Pretax Margin % Range Over the Past 10 Years
Min: 37.3   Med: 48.96   Max: 65.14
Current: 65.14


SHSE:601838's Pretax Margin % is ranked better than
95.05% of 1455 companies
in the Banks industry
Industry Median: 32.88 vs SHSE:601838: 65.14

Bank of Chengdu Co Pretax Margin % Historical Data

The historical data trend for Bank of Chengdu 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 Chengdu Co Pretax Margin % Chart

Bank of Chengdu 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 49.20 46.84 49.52 58.06 64.41

Bank of Chengdu 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 56.70 64.84 56.71 80.92 59.99

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

For the Banks - Regional subindustry, Bank of Chengdu 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 Chengdu Co's Pretax Margin % Distribution in the Banks Industry

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

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



Bank of Chengdu 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 Chengdu 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 )
=13892.333/21567.402
=64.41 %

Bank of Chengdu 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 )
=3364.99/5608.842
=59.99 %

* 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 Chengdu Co  (SHSE:601838) 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 Chengdu Co Pretax Margin % Related Terms

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Bank of Chengdu Co (SHSE:601838) Business Description

Traded in Other Exchanges
N/A
Address
No.16 Xiyu Street, Sichuan, Chengdu, CHN
Bank of Chengdu Co Ltd is a state-owned commercial bank. Its principal businesses include business loans, fixed assets loans, bank acceptance bills, direct discounts on bank acceptance bills, guarantees, real estate development loans and legal person account overdrafts among other services. The bank provides its services in China.
Executives
He Wei Zhong Director
Cai Bing senior management
Zhang Peng Supervisors
Zheng Jun senior management
Luo Jie senior management
Li Wan Rong senior management
Li Jin Ming senior management
Luo Zheng senior management
Wang Hui Director
Li Ai Lan Director
Yang Rong Director
Wei Xiao Ying senior management
Huang Jian Jun senior management

Bank of Chengdu Co (SHSE:601838) Headlines

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