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Asia Financial Holdings (HKSE:00662) Pretax Margin % : 10.43% (As of Dec. 2023)


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What is Asia Financial Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Asia Financial Holdings's Pre-Tax Income for the six months ended in Dec. 2023 was HK$93 Mil. Asia Financial Holdings's Revenue for the six months ended in Dec. 2023 was HK$887 Mil. Therefore, Asia Financial Holdings's pretax margin for the quarter that ended in Dec. 2023 was 10.43%.

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

HKSE:00662' s Pretax Margin % Range Over the Past 10 Years
Min: 11.22   Med: 29.16   Max: 40.92
Current: 20.23


HKSE:00662's Pretax Margin % is ranked better than
77.35% of 490 companies
in the Insurance industry
Industry Median: 10.375 vs HKSE:00662: 20.23

Asia Financial Holdings Pretax Margin % Historical Data

The historical data trend for Asia Financial Holdings'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.

Asia Financial Holdings Pretax Margin % Chart

Asia Financial Holdings 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 31.24 25.94 40.92 11.22 20.23

Asia Financial Holdings 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 41.63 12.97 9.97 27.23 10.43

Competitive Comparison of Asia Financial Holdings's Pretax Margin %

For the Insurance - Life subindustry, Asia Financial Holdings'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.


Asia Financial Holdings's Pretax Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Asia Financial Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Asia Financial Holdings's Pretax Margin % falls into.



Asia Financial Holdings 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.

Asia Financial Holdings'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 )
=431.24/2131.29
=20.23 %

Asia Financial Holdings's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=92.534/887.35
=10.43 %

* 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.


Asia Financial Holdings  (HKSE:00662) 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.


Asia Financial Holdings Pretax Margin % Related Terms

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Asia Financial Holdings (HKSE:00662) Business Description

Traded in Other Exchanges
N/A
Address
19 Des Voeux Road Central, 16th Floor, Worldwide House, Hong Kong, HKG
Asia Financial Holdings Ltd operates in the financial services industry of Hong Kong. Its key offering is comprised of insurance products ranging from general insurance to life insurance, which is provided through its subsidiaries of China. The company's segment include the Insurance segment engages in the provision of the underwriting of general and life insurance; the Corporate segment engages in securities trading and holding and other businesses. Majority of the revenue is derived from Insurance segment. Its revenue is derived from operations carried out in Hong Kong, Macau and Mainland China.
Executives
Cosmos Investments Inc.
Claremont Capital Holdings Ltd
Chan Bernard Charnwut 2201 Interest of corporation controlled by you
Chan Yau Hing, Robin 2201 Interest of corporation controlled by you
Bangkok Bank Public Company Limited 2101 Beneficial owner
Sompo Holdings, Inc. 2201 Interest of corporation controlled by you
Sompo Japan Insurance Inc. (formerly Known As Sompo Japan Nipponkoa Insurance Inc.) 2101 Beneficial owner

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