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Tingyi (Cayman Islands) Holding (Tingyi (Cayman Islands) Holding) Pretax Margin % : 5.48% (As of Dec. 2023)


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What is Tingyi (Cayman Islands) Holding Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Tingyi (Cayman Islands) Holding's Pre-Tax Income for the six months ended in Dec. 2023 was $303 Mil. Tingyi (Cayman Islands) Holding's Revenue for the six months ended in Dec. 2023 was $5,534 Mil. Therefore, Tingyi (Cayman Islands) Holding's pretax margin for the quarter that ended in Dec. 2023 was 5.48%.

The historical rank and industry rank for Tingyi (Cayman Islands) Holding's Pretax Margin % or its related term are showing as below:

TCYMF' s Pretax Margin % Range Over the Past 10 Years
Min: 4.38   Med: 6.25   Max: 9.66
Current: 5.94


TCYMF's Pretax Margin % is ranked better than
57.25% of 1855 companies
in the Consumer Packaged Goods industry
Industry Median: 4.24 vs TCYMF: 5.94

Tingyi (Cayman Islands) Holding Pretax Margin % Historical Data

The historical data trend for Tingyi (Cayman Islands) 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.

Tingyi (Cayman Islands) Holding Pretax Margin % Chart

Tingyi (Cayman Islands) Holding 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 8.73 9.66 7.84 5.27 5.94

Tingyi (Cayman Islands) Holding Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 6.70 5.23 5.31 6.39 5.48

Competitive Comparison of Tingyi (Cayman Islands) Holding's Pretax Margin %

For the Packaged Foods subindustry, Tingyi (Cayman Islands) 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.


Tingyi (Cayman Islands) Holding's Pretax Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tingyi (Cayman Islands) Holding's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Tingyi (Cayman Islands) Holding's Pretax Margin % falls into.



Tingyi (Cayman Islands) 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.

Tingyi (Cayman Islands) Holding'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 )
=669.374/11262.72
=5.94 %

Tingyi (Cayman Islands) Holding's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=303.365/5533.545
=5.48 %

* 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.


Tingyi (Cayman Islands) Holding  (OTCPK:TCYMF) 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.


Tingyi (Cayman Islands) Holding Pretax Margin % Related Terms

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Tingyi (Cayman Islands) Holding (Tingyi (Cayman Islands) Holding) Business Description

Address
No. 1688, Wuzhong Road, Building A, Minhang District, Shanghai, CHN, 201103
Tingyi is a leading producer of instant noodles and RTD beverages in China, with its Master Kong brand being the most widely known. The company commenced its instant noodle business in the country in 1992 and expanded into beverages in 1996. In March 2012, Tingyi formed a strategic alliance with PepsiCo and became the exclusive manufacturer and distributor of Pepsi's nonalcoholic drinks in China.

Tingyi (Cayman Islands) Holding (Tingyi (Cayman Islands) Holding) Headlines

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