CHN (CHINA FUND) Pretax Margin %: 110.39% (As of Apr. 2025) — 14% Above Median


CHN CHINA FUND INC CHN
24 GF Score
Price $18.34
! 3 Warning Signs
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What is CHINA FUND Pretax Margin %?

CHINA FUND CHN 24 Pretax Margin % is 110.39% as of Apr. 2025, which is 14% above its 10-year median of 96.90. GuruFocus rates CHN with a GF Score™ of 24/100. The stock has 3 warning signs investors should review.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. CHINA FUND's Pre-Tax Income for the six months ended in Apr. 2025 was $-5.04 Mil. CHINA FUND's Revenue for the six months ended in Apr. 2025 was $-4.56 Mil. Therefore, CHINA FUND's pretax margin for the quarter that ended in Apr. 2025 was 110.39%.

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

CHN' s Pretax Margin % Range Over the Past 10 Years
Min: 90.06   Med: 96.9   Max: 108.27
Current: 95.17


CHN's Pretax Margin % is not ranked
in the Asset Management industry.
Industry Median: 89.62 vs CHN: 95.17

CHINA FUND  (NYSE:CHN) 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.


CHINA FUND Pretax Margin % Related Terms


CHINA FUND Pretax Margin % Historical Data

* Premium members only.

The historical data trend for CHINA FUND'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.

CHINA FUND Pretax Margin % Chart

CHINA FUND Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Pretax Margin %
Get a 7-Day Free Trial 99.03 91.67 100.86 90.06 96.53

CHINA FUND Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25
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 98.34 103.05 87.63 98.05 110.39

CHN vs GAMG, VBF, BSL: Pretax Margin % Comparison

For the Asset Management subindustry, CHINA FUND'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.


CHINA FUND Pretax Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, CHINA FUND's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where CHINA FUND's Pretax Margin % falls into.


CHN
24GF Score
CHINA FUND INC CHN
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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CHINA FUND 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.

CHINA FUND's Pretax Margin for the fiscal year that ended in Oct. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Oct. 2024 )/Revenue (A: Oct. 2024 )
=27.235/28.213
=96.53 %

CHINA FUND's Pretax Margin for the quarter that ended in Apr. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Apr. 2025 )/Revenue (Q: Apr. 2025 )
=-5.038/-4.564
=110.39 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 110.39% mean?
CHINA FUND (CHN) has a Pretax Margin % of 110.39% as of Apr. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on CHINA FUND and its competitors. This is 14% above median its historical median of 96.90. Over the past decade, CHINA FUND's Pretax Margin % has ranged from 90.06 to 108.27.
Is CHINA FUND's Pretax Margin % too high?
CHINA FUND's current Pretax Margin % of 110.39% is 14% above median its 10-year median of 96.90. Over the past 10 years, this metric has ranged from a low of 90.06 to a high of 108.27. The Asset Management industry median Pretax Margin % is 89.62. CHINA FUND's value of 110.39% is 23.2% above this industry median. Overall, CHINA FUND has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does CHINA FUND's Pretax Margin % compare to GAMG and VBF?
CHINA FUND's Pretax Margin % of 110.39% can be compared against companies in the Asset Management industry. The industry median Pretax Margin % is 89.62. CHINA FUND's value of 110.39% is 23.2% above this benchmark. Historically, CHINA FUND's own Pretax Margin % has ranged from 90.06 to 108.27 over the past decade. While the company's 10-year median is 96.90 vs. the industry median of 89.62, CHINA FUND has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.62, based on 1,572 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CHINA FUND's current Pretax Margin % of 110.39% is 23.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on CHINA FUND and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CHINA FUND's current Pretax Margin % is 110.39%, which is 14% above median its own 10-year median of 96.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CHINA FUND stock overvalued right now?
CHINA FUND (CHN) has a current Pretax Margin % of 110.39%. The current Pretax Margin % is 110.39%, which is 14% above median its 10-year median of 96.90 and 23.2% above the Asset Management industry median of 89.62. CHINA FUND's overall GF Score™ is 24/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For CHINA FUND (CHN), the current Pretax Margin % is 110.39% as of Apr. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CHINA FUND Business Description

Address C/o Brown Brothers Harriman & Co, 50 Post Office Square, Boston, MA, USA, 02110
CHINA FUND INC is a non-diversified, closed-end management investment company. Its investment objective is a long-term capital appreciation which it seeks to achieve by investing in equity securities with trading in China and outside China. It invests in various industries such as Insurance, Entertainment, Machinery, Electrical Equipment, Beverages, Hotels, Restaurants, and Leisure among others.
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