GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » China Minsheng Banking Corp Ltd (OTCPK:CMAKY) » Definitions » Pretax Margin %

China Minsheng Banking (China Minsheng Banking) Pretax Margin % : 5.00% (As of Dec. 2023)


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

What is China Minsheng Banking Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. China Minsheng Banking's Pre-Tax Income for the three months ended in Dec. 2023 was $242 Mil. China Minsheng Banking's Revenue for the three months ended in Dec. 2023 was $4,834 Mil. Therefore, China Minsheng Banking's pretax margin for the quarter that ended in Dec. 2023 was 5.00%.

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

CMAKY' s Pretax Margin % Range Over the Past 10 Years
Min: 19.85   Med: 36.69   Max: 44.14
Current: 26.53


CMAKY's Pretax Margin % is ranked worse than
65.57% of 1458 companies
in the Banks industry
Industry Median: 32.765 vs CMAKY: 26.53

China Minsheng Banking Pretax Margin % Historical Data

The historical data trend for China Minsheng Banking'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 Minsheng Banking Pretax Margin % Chart

China Minsheng Banking 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 35.88 19.85 21.09 26.09 26.53

China Minsheng Banking 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 3.62 43.62 25.05 31.31 5.00

Competitive Comparison of China Minsheng Banking's Pretax Margin %

For the Banks - Regional subindustry, China Minsheng Banking'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 Minsheng Banking's Pretax Margin % Distribution in the Banks Industry

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

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



China Minsheng Banking 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 Minsheng Banking'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 )
=5232.066/19721.716
=26.53 %

China Minsheng Banking'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 )
=241.59/4833.618
=5.00 %

* 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 Minsheng Banking  (OTCPK:CMAKY) 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 Minsheng Banking Pretax Margin % Related Terms

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


China Minsheng Banking (China Minsheng Banking) Business Description

Address
No. 2, Fuxingmennei Avenue, Xicheng District, Beijing, CHN, 100031
Founded in 1996, China Minsheng Banking Corp. is one of the first privately owned commercial banks in China, with headquarters in Beijing. Its shares listed on the Shanghai Exchange in 2000, and on the Hong Kong Exchange in 2009. It positions itself as a bank for non-state-owned enterprises, micro- and small enterprises, and high-end retail customers. CMBC has a diversified shareholding structure, with over 23,000 banking outlets in 125 cities in China.

China Minsheng Banking (China Minsheng Banking) Headlines

No Headlines