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 Oct. 2023 was $-20.29 Mil. CHINA FUND's Revenue for the
six
months ended in Oct. 2023 was $-19.69 Mil. Therefore, CHINA FUND's pretax margin for the quarter that ended in Oct. 2023 was 103.05%.
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: 96.92 Max: 108.27
Current: 90.06
CHN's Pretax Margin % is ranked better than 50.57% of 1669
companies
in the Asset Management industry
Industry Median: 89.71
vs CHN: 90.06
CHINA FUND Pretax Margin % Historical Data
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.
Competitive Comparison of CHINA FUND's Pretax Margin %
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's Pretax Margin % Distribution in the 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.
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. 2023 is calculated as
* 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 (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
Thank you for viewing the detailed overview of CHINA FUND's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
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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