Ares Asia (HKSE:00645) Pre-Tax Income : HK$-10.7 Mil (TTM As of Sep. 2024)

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What is Ares Asia Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Ares Asia's pretax income for the six months ended in Sep. 2024 was HK$-5.1 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2024 was HK$-10.7 Mil. Ares Asia's pretax margin was -19.66%.

During the past 13 years, Ares Asia's highest Pretax Margin was 0.05%. The lowest was -31.42%. And the median was -1.36%.

Ares Asia Pre-Tax Income Historical Data

The historical data trend for Ares Asia's Pre-Tax Income 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.

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Ares Asia Pre-Tax Income Chart

Ares Asia Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Pre-Tax Income

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-5.35

-17.57

-16.65

-6.08

-9.90

Ares Asia Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Pre-Tax Income	Get a 7-Day Free Trial															-1.68	-4.40	-4.33	-5.57	-5.08

Competitive Comparison of Ares Asia's Pre-Tax Income

For the Thermal Coal subindustry, Ares Asia's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.

Ares Asia's Pre-Tax Income Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Ares Asia's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Ares Asia's Pre-Tax Income falls into.

Ares Asia Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Ares Asia's Pretax Income for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-9.865	+	0	+	-0.063	+	0.016	+	0.016
	=	-9.9

Ares Asia's Pretax Income for the quarter that ended in Sep. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-5.049	+	0	+	-0.031	+	0	+	0
	=	-5.1

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-10.7 Mil.

Ares Asia (HKSE:00645) Pre-Tax Income Explanation

Ares Asia's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-5.08	/	25.843
	=	-19.66%

During the past 13 years, Ares Asia's highest Pretax Margin was 0.05%. The lowest was -31.42%. And the median was -1.36%.

Ares Asia Pre-Tax Income Related Terms

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Ares Asia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Ares Asia Ltd (HKSE:00645) » Definitions » Pre-Tax Income

Traded in Other Exchanges

N/A

Address

1 Austin Road West, Unit No. 9608, Level 96, International Commerce Centre, Kowloon, Hong Kong, HKG

Website

http://www.aresasialtd.com

Ares Asia Ltd is an investment holding company. The group is principally engaged in the business of coal trading, entailing the selling of coal purchased from various countries to Mainland China and other commodities trading, which encompasses supply chain management and risk management service. Its business falls under the primary segment of Coal and other trading. Geographically, the group has a business presence in Mainland China, Hong Kong, and other countries, of which maximum revenue is derived from Mainland China.

Executives

Reignwood International Holdings Company Limited	2101 Beneficial owner
Ruayrungruang Chanchai	2201 Interest of corporation controlled by you

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