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Beijing Enterprises Water Group (Beijing Enterprises Water Group) Pretax Margin % : 20.77% (As of Jun. 2023)


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What is Beijing Enterprises Water Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Beijing Enterprises Water Group's Pre-Tax Income for the six months ended in Jun. 2023 was $364 Mil. Beijing Enterprises Water Group's Revenue for the six months ended in Jun. 2023 was $1,753 Mil. Therefore, Beijing Enterprises Water Group's pretax margin for the quarter that ended in Jun. 2023 was 20.77%.

The historical rank and industry rank for Beijing Enterprises Water Group's Pretax Margin % or its related term are showing as below:

BJWTY' s Pretax Margin % Range Over the Past 10 Years
Min: 15.2   Med: 25.93   Max: 29.88
Current: 16.43


BJWTY's Pretax Margin % is ranked better than
69.14% of 512 companies
in the Utilities - Regulated industry
Industry Median: 10.39 vs BJWTY: 16.43

Beijing Enterprises Water Group Pretax Margin % Historical Data

The historical data trend for Beijing Enterprises Water Group'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.

Beijing Enterprises Water Group Pretax Margin % Chart

Beijing Enterprises Water Group 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 26.80 25.59 24.86 15.20 16.43

Beijing Enterprises Water Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 22.30 18.26 12.93 20.77 10.91

Competitive Comparison of Beijing Enterprises Water Group's Pretax Margin %

For the Utilities - Regulated Water subindustry, Beijing Enterprises Water Group'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.


Beijing Enterprises Water Group's Pretax Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Beijing Enterprises Water Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Beijing Enterprises Water Group's Pretax Margin % falls into.



Beijing Enterprises Water Group 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.

Beijing Enterprises Water Group's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=487.713/3208.875
=15.20 %

Beijing Enterprises Water Group's Pretax Margin for the quarter that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=364.065/1752.941
=20.77 %

* 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.


Beijing Enterprises Water Group  (OTCPK:BJWTY) 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.


Beijing Enterprises Water Group Pretax Margin % Related Terms

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Beijing Enterprises Water Group (Beijing Enterprises Water Group) Business Description

Traded in Other Exchanges
Address
18 Harbour Road, Rooms 6706-07, 67th Floor, Central Plaza, Wanchai, Hong Kong, HKG
Beijing Enterprises Water Group Ltd is a provider of waste treatment services in China. The company's business segments are Sewage and reclaimed water treatment and construction services, Water distribution services, and Technical and consultancy services and sales of machineries. Majority of the revenue is derived from Sewage and reclaimed water treatment and construction services segment.

Beijing Enterprises Water Group (Beijing Enterprises Water Group) Headlines

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