Able View Global (Able View Global) Pretax Margin % : 7.46% (As of Dec. 2023)

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What is Able View Global Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Able View Global's Pre-Tax Income for the six months ended in Dec. 2023 was $5.0 Mil. Able View Global's Revenue for the six months ended in Dec. 2023 was $67.3 Mil. Therefore, Able View Global's pretax margin for the quarter that ended in Dec. 2023 was 7.46%.

The historical rank and industry rank for Able View Global's Pretax Margin % or its related term are showing as below:

ABLV' s Pretax Margin % Range Over the Past 10 Years
Min: 6.45 Med: 8.21 Max: 9.76
Current: 7.85

ABLV's Pretax Margin % is ranked better than
68.37% of 1040 companies
in the Media - Diversified industry
Industry Median: 2.32 vs ABLV: 7.85

Able View Global Pretax Margin % Historical Data

The historical data trend for Able View Global'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.

Able View Global Pretax Margin % Chart

Able View Global Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

9.76

8.57

6.45

7.85

Able View Global Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Pretax Margin %	Get a 7-Day Free Trial			8.49	7.86	5.44	8.17	7.46

Competitive Comparison of Able View Global's Pretax Margin %

For the Advertising Agencies subindustry, Able View Global'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.

Able View Global's Pretax Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Able View Global's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Able View Global's Pretax Margin % falls into.

Able View Global 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.

Able View Global'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 )
	=	11.691	/	149
	=	7.85 %

Able View Global'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 )
	=	5.02	/	67.336
	=	7.46 %

Able View Global (NAS:ABLV) 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.

Able View Global Pretax Margin % Related Terms

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Able View Global (Able View Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Able View Global Inc (NAS:ABLV) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 168, Middle Xizang Road, Floor 16, Dushi Headquarters Building, Shanghai, CHN, 200001

Website

Able View Global Inc operates as a brand management partner of international beauty and personal care brands in China. It provides full-service solutions covering marketing strategy, branding, digital and social marketing, omni-channel sales, customer service, overseas logistics, warehouse, and fulfillment. The firm generates revenue from product sales by distributing and selling cross-border products from various global brand owners to Chinese consumers.

Able View Global (Able View Global) Headlines

From GuruFocus

Able View Global Inc. Reports Fiscal Year 2023 Results

By ACCESSWIRE • 05-01-2024