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China CITIC Financial Asset Management Co (HKSE:02799) Pre-Tax Income : HK$1,172 Mil (TTM As of Dec. 2023)


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What is China CITIC Financial Asset Management Co Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. China CITIC Financial Asset Management Co's pretax income for the six months ended in Dec. 2023 was HK$6,335 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,172 Mil. China CITIC Financial Asset Management Co's pretax margin was 55.61%.

During the past 10 years, China CITIC Financial Asset Management Co's highest Pretax Margin was 132.02%. The lowest was 12.21%. And the median was 64.72%.


China CITIC Financial Asset Management Co Pre-Tax Income Historical Data

The historical data trend for China CITIC Financial Asset Management Co'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.

* Premium members only.

China CITIC Financial Asset Management Co Pre-Tax Income Chart

China CITIC Financial Asset Management Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12,206.97 -121,957.89 2,104.27 -41,526.04 1,171.98

China CITIC Financial Asset Management Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pre-Tax Income 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 9.92 -28,169.36 -14,690.01 -5,162.85 6,334.83

Competitive Comparison of China CITIC Financial Asset Management Co's Pre-Tax Income

For the Asset Management subindustry, China CITIC Financial Asset Management Co'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.


China CITIC Financial Asset Management Co's Pre-Tax Income Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, China CITIC Financial Asset Management Co's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where China CITIC Financial Asset Management Co's Pre-Tax Income falls into.



China CITIC Financial Asset Management Co Pre-Tax Income Calculation

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

China CITIC Financial Asset Management Co's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+1171.984
=1,172

China CITIC Financial Asset Management Co's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+6334.829
=6,335

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$1,172 Mil.

* 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 CITIC Financial Asset Management Co  (HKSE:02799) Pre-Tax Income Explanation

China CITIC Financial Asset Management Co's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=6334.829/11390.554
=55.61%

During the past 10 years, China CITIC Financial Asset Management Co's highest Pretax Margin was 132.02%. The lowest was 12.21%. And the median was 64.72%.

* 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 CITIC Financial Asset Management Co Pre-Tax Income Related Terms

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China CITIC Financial Asset Management Co (HKSE:02799) Business Description

Traded in Other Exchanges
Address
No. 8, Financial Street, Xicheng District, Beijing, CHN, 100033
China Huarong Asset Management Co Ltd operates as an asset manager and provides financial services. It has three segments. Its distressed asset management segment includes policy-related DES asset management business based on the commercial buy-out of the company, special situations investments business, distressed asset-based property development business as well as market-oriented DES business of the group. The financial services segment mainly includes securities and futures business, financial leasing business, and banking services business. Asset management and investment segment mainly includes trust business, international business and other business. It derives the majority of its revenues through its distressed asset management services.
Executives
China Life Franklin Asset Management Co., Limited 2102 Investment manager
China Life Insurance (group) Company 2101 Beneficial owner
China Cinda Asset Management Co., Ltd. 2101 Beneficial owner
Gong Yin Jin Rong Zi Chan Tou Zi You Xian Gong Si 2101 Beneficial owner
Zhong Guo Gong Shang Yin Hang Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Quan Guo She Hui Bao Zhang Ji Jin Li Shi Hui 2101 Beneficial owner
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
Warburg Pincus Xi, L.p. 2201 Interest of corporation controlled by you
Wp Xi International Ii Ltd 2201 Interest of corporation controlled by you
Wp Global Llc 2201 Interest of corporation controlled by you
Warburg Pincus Private Equity Xi, L.p. 2201 Interest of corporation controlled by you
Warburg Pincus & Co. 2201 Interest of corporation controlled by you
Sino-ocean Group Holding Limited 2201 Interest of corporation controlled by you
Wisdom City Enterprises Limited 2201 Interest of corporation controlled by you
Sol Investment Fund Lp 2201 Interest of corporation controlled by you

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