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China New Higher Education Group (FRA:8CN) Pretax Margin % : 34.79% (As of Aug. 2024)


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What is China New Higher Education Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. China New Higher Education Group's Pre-Tax Income for the six months ended in Aug. 2024 was €48.6 Mil. China New Higher Education Group's Revenue for the six months ended in Aug. 2024 was €139.7 Mil. Therefore, China New Higher Education Group's pretax margin for the quarter that ended in Aug. 2024 was 34.79%.

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

FRA:8CN' s Pretax Margin % Range Over the Past 10 Years
Min: 33.11   Med: 40.17   Max: 60.32
Current: 37.86


FRA:8CN's Pretax Margin % is ranked better than
88.64% of 264 companies
in the Education industry
Industry Median: 7.69 vs FRA:8CN: 37.86

China New Higher Education Group Pretax Margin % Historical Data

The historical data trend for China New Higher Education 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.

China New Higher Education Group Pretax Margin % Chart

China New Higher Education Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Aug20 Aug21 Aug22 Aug23 Aug24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 45.27 38.90 39.91 37.86

China New Higher Education Group Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 37.66 40.11 39.69 40.43 34.79

Competitive Comparison of China New Higher Education Group's Pretax Margin %

For the Education & Training Services subindustry, China New Higher Education 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.


China New Higher Education Group's Pretax Margin % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China New Higher Education Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where China New Higher Education Group's Pretax Margin % falls into.


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China New Higher Education 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.

China New Higher Education Group's Pretax Margin for the fiscal year that ended in Aug. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Aug. 2024 )/Revenue (A: Aug. 2024 )
=115.865/306.04
=37.86 %

China New Higher Education Group's Pretax Margin for the quarter that ended in Aug. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Aug. 2024 )/Revenue (Q: Aug. 2024 )
=48.608/139.701
=34.79 %

* 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 New Higher Education Group  (FRA:8CN) 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 New Higher Education Group Pretax Margin % Related Terms

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China New Higher Education Group Business Description

Traded in Other Exchanges
Address
5A Shuguang Xili Street, 20th floor, Tower F, Phoenix Place, Chaoyang District, Beijing, CHN
China New Higher Education Group, or CNHE, is a leading higher education group in China. Its school network spans seven provinces. Total enrolled students reached about 139,000 for the academic year 2024/25. CNHE currently operates eight schools, up from only two schools in 2016.

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