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Heng Leasing and Capital PCL (BKK:HENG) Pretax Margin % : 3.75% (As of Mar. 2024)


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What is Heng Leasing and Capital PCL Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Heng Leasing and Capital PCL's Pre-Tax Income for the three months ended in Mar. 2024 was ฿28 Mil. Heng Leasing and Capital PCL's Revenue for the three months ended in Mar. 2024 was ฿754 Mil. Therefore, Heng Leasing and Capital PCL's pretax margin for the quarter that ended in Mar. 2024 was 3.75%.

The historical rank and industry rank for Heng Leasing and Capital PCL's Pretax Margin % or its related term are showing as below:

BKK:HENG' s Pretax Margin % Range Over the Past 10 Years
Min: 7.12   Med: 18.68   Max: 27.94
Current: 14.54


BKK:HENG's Pretax Margin % is ranked worse than
57.79% of 526 companies
in the Credit Services industry
Industry Median: 19.64 vs BKK:HENG: 14.54

Heng Leasing and Capital PCL Pretax Margin % Historical Data

The historical data trend for Heng Leasing and Capital PCL'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.

Heng Leasing and Capital PCL Pretax Margin % Chart

Heng Leasing and Capital PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 13.67 25.66 27.94 27.92 18.68

Heng Leasing and Capital PCL Quarterly Data
Dec17 Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.14 14.72 13.76 25.80 3.75

Competitive Comparison of Heng Leasing and Capital PCL's Pretax Margin %

For the Credit Services subindustry, Heng Leasing and Capital PCL'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.


Heng Leasing and Capital PCL's Pretax Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Heng Leasing and Capital PCL's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Heng Leasing and Capital PCL's Pretax Margin % falls into.



Heng Leasing and Capital PCL 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.

Heng Leasing and Capital PCL'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 )
=525.034/2810.297
=18.68 %

Heng Leasing and Capital PCL's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=28.238/753.529
=3.75 %

* 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.


Heng Leasing and Capital PCL  (BKK:HENG) 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.


Heng Leasing and Capital PCL Pretax Margin % Related Terms

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Heng Leasing and Capital PCL (BKK:HENG) Business Description

Traded in Other Exchanges
N/A
Address
69 Moo 7, Tambon Sansai Noi, Amphur Sansai, Chiang Mai, THA, 50210
Heng Leasing and Capital PCL is engaged in the single operating segment of hire purchase and loan receivables. The operations are carried on in a single geographical area of Thailand.

Heng Leasing and Capital PCL (BKK:HENG) Headlines

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