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AICAF (Air China) Pretax Margin % : 8.99% (As of Sep. 2024)


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What is Air China Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Air China's Pre-Tax Income for the three months ended in Sep. 2024 was $618 Mil. Air China's Revenue for the three months ended in Sep. 2024 was $6,872 Mil. Therefore, Air China's pretax margin for the quarter that ended in Sep. 2024 was 8.99%.

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

AICAF' s Pretax Margin % Range Over the Past 10 Years
Min: -86.73   Med: 5.77   Max: 9.46
Current: -0.93


AICAF's Pretax Margin % is ranked worse than
85.15% of 963 companies
in the Transportation industry
Industry Median: 7.16 vs AICAF: -0.93

Air China Pretax Margin % Historical Data

The historical data trend for Air China'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.

Air China Pretax Margin % Chart

Air China 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 6.69 -26.58 -29.30 -86.73 -1.18

Air China Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 11.57 -7.30 -4.81 -3.46 8.99

Competitive Comparison of Air China's Pretax Margin %

For the Airlines subindustry, Air China'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.


Air China's Pretax Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Air China's Pretax Margin % distribution charts can be found below:

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



Air China 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.

Air China'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 )
=-232.543/19761.384
=-1.18 %

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

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=617.573/6872.468
=8.99 %

* 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.


Air China  (OTCPK:AICAF) 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.


Air China Pretax Margin % Related Terms

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Air China Business Description

Address
12 Tung Fai Road, 5th Floor, CNAC House, Hong Kong International Airport, Hong Kong, HKG
Air China is based in Beijing. It is one of the largest state-owned airlines and the flag carrier in China. The group operated a fleet of 905 aircraft as of 2023 and carried more than 115 million passengers in prepandemic 2019. It runs a spoke-and-hub model under which it gathers and distributes passengers from air hubs such as Beijing, Chengdu, and Shanghai.