GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Cathay Financial Holding Co Ltd (TPE:2882) » Definitions » Pretax Margin %

Cathay Financial Holding Co (TPE:2882) Pretax Margin % : -31.03% (As of Dec. 2023)


View and export this data going back to 2001. Start your Free Trial

What is Cathay Financial Holding Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Cathay Financial Holding Co's Pre-Tax Income for the three months ended in Dec. 2023 was NT$-12,533 Mil. Cathay Financial Holding Co's Revenue for the three months ended in Dec. 2023 was NT$40,392 Mil. Therefore, Cathay Financial Holding Co's pretax margin for the quarter that ended in Dec. 2023 was -31.03%.

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

TPE:2882' s Pretax Margin % Range Over the Past 10 Years
Min: 9.32   Med: 12.98   Max: 25.95
Current: 21.34


TPE:2882's Pretax Margin % is ranked better than
78.19% of 486 companies
in the Insurance industry
Industry Median: 10.205 vs TPE:2882: 21.34

Cathay Financial Holding Co Pretax Margin % Historical Data

The historical data trend for Cathay Financial Holding 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.

Cathay Financial Holding Co Pretax Margin % Chart

Cathay Financial Holding 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 12.75 12.80 25.95 13.15 21.34

Cathay Financial Holding Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -62.65 12.04 33.51 40.57 -31.03

Competitive Comparison of Cathay Financial Holding Co's Pretax Margin %

For the Insurance - Life subindustry, Cathay Financial Holding 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.


Cathay Financial Holding Co's Pretax Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Cathay Financial Holding Co's Pretax Margin % distribution charts can be found below:

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



Cathay Financial Holding 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.

Cathay Financial Holding 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 )
=58469.289/273995.86
=21.34 %

Cathay Financial Holding Co'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 )
=-12532.906/40391.694
=-31.03 %

* 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.


Cathay Financial Holding Co  (TPE:2882) 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.


Cathay Financial Holding Co Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Cathay Financial Holding Co's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Cathay Financial Holding Co (TPE:2882) Business Description

Traded in Other Exchanges
Address
No. 296, Section 4, Renai Road, Da'an District, Taipei, TWN, 106
Cathay Financial Holding Co Ltd is a financial holding company that primarily serves the Taiwan market. The scope of its business is limited by the operation of law to the investment and management of financial services enterprises. The company is a hub for financial services primarily in insurance and banking, and secondarily in asset management. Cathay Financial Holding emphasizes cross-selling and information technology integration in its business model. most of its insurance business, which constitutes approximately half of the company's revenue mix, is related to life insurance. Its banking business, which makes up nearly the other half of its business, is mostly related to consumer and corporate banking.

Cathay Financial Holding Co (TPE:2882) Headlines

No Headlines