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China Construction Bank (China Construction Bank) Pretax Margin % : 48.99% (As of Dec. 2023)


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What is China Construction Bank Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. China Construction Bank's Pre-Tax Income for the three months ended in Dec. 2023 was $12,419 Mil. China Construction Bank's Revenue for the three months ended in Dec. 2023 was $25,350 Mil. Therefore, China Construction Bank's pretax margin for the quarter that ended in Dec. 2023 was 48.99%.

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

CICHY' s Pretax Margin % Range Over the Past 10 Years
Min: 44.59   Med: 48.52   Max: 52.45
Current: 50.66


CICHY's Pretax Margin % is ranked better than
83.33% of 1458 companies
in the Banks industry
Industry Median: 32.765 vs CICHY: 50.66

China Construction Bank Pretax Margin % Historical Data

The historical data trend for China Construction Bank'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.

China Construction Bank Pretax Margin % Chart

China Construction Bank 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 46.30 44.59 46.00 49.03 50.66

China Construction Bank 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 47.87 50.65 47.94 55.08 48.99

Competitive Comparison of China Construction Bank's Pretax Margin %

For the Banks - Diversified subindustry, China Construction Bank'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.


China Construction Bank's Pretax Margin % Distribution in the Banks Industry

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

* The bar in red indicates where China Construction Bank's Pretax Margin % falls into.



China Construction Bank 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.

China Construction Bank'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 )
=54533.066/107641.943
=50.66 %

China Construction Bank'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 )
=12419.4/25349.85
=48.99 %

* 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.


China Construction Bank  (OTCPK:CICHY) 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.


China Construction Bank Pretax Margin % Related Terms

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China Construction Bank (China Construction Bank) Business Description

Address
No. 25, Finance Street, Xicheng District, Beijing, CHN, 100033
As one of the big four banks, China Construction Bank is headquartered in Beijing. The bank went public on the Hong Kong Stock Exchange in 2005 and listed shares in mainland China in 2007. Central Huijin Investment, China's sovereign wealth fund manager is the largest shareholder with a 57% share. Fullerton Financial Holdings (a subsidiary of Temasek) is the company's second-largest shareholder with a 4.99% stake. CCB strives to provide customers with comprehensive financial services. Corporate banking, retail banking, and wholesale banking business segments accounted for 36%, 57%, and 7% of profit before tax, respectively, in 2022.