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SITC International Holdings Co (HKSE:01308) Pretax Margin % : 27.86% (As of Jun. 2024)


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What is SITC International Holdings Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. SITC International Holdings Co's Pre-Tax Income for the six months ended in Jun. 2024 was HK$2,830 Mil. SITC International Holdings Co's Revenue for the six months ended in Jun. 2024 was HK$10,157 Mil. Therefore, SITC International Holdings Co's pretax margin for the quarter that ended in Jun. 2024 was 27.86%.

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

HKSE:01308' s Pretax Margin % Range Over the Past 10 Years
Min: 9.09   Med: 14.77   Max: 47.97
Current: 23.97


HKSE:01308's Pretax Margin % is ranked better than
82.97% of 963 companies
in the Transportation industry
Industry Median: 7.16 vs HKSE:01308: 23.97

SITC International Holdings Co Pretax Margin % Historical Data

The historical data trend for SITC International Holdings Co'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.

SITC International Holdings Co Pretax Margin % Chart

SITC International Holdings Co 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 14.84 21.66 39.33 47.97 22.78

SITC International Holdings Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 52.32 42.68 25.71 19.66 27.86

Competitive Comparison of SITC International Holdings Co's Pretax Margin %

For the Marine Shipping subindustry, SITC International Holdings Co'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.


SITC International Holdings Co's Pretax Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SITC International Holdings Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where SITC International Holdings Co's Pretax Margin % falls into.



SITC International Holdings Co 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.

SITC International Holdings Co'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 )
=4322.053/18969.684
=22.78 %

SITC International Holdings Co's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=2830.172/10157.069
=27.86 %

* 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.


SITC International Holdings Co  (HKSE:01308) 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.


SITC International Holdings Co Pretax Margin % Related Terms

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SITC International Holdings Co Business Description

Traded in Other Exchanges
Address
6-8 Harbour Road, 31/F, Shui On Centre, Wanchai, Hong Kong, HKG
SITC International Holdings Co Ltd is a shipping company operating within Asia are principally engaged in the provision of integrated shipping logistics services, including the provision of container transportation, freight forwarding, shipping agency, depot, warehousing services, container vessel leasing, land leasing and other services. It has two reportable segments which are the container shipping and logistics segment, which is engaged in the provision of integrated logistics services, including the provision of container transportation, freight forwarding, shipping agency, depot and warehousing services. The dry bulk and others segment, which is engaged in the provision of dry bulk vessel leasing, land leasing and other services.
Executives
Jpmorgan Chase & Co.
Blackrock, Inc. 2201 Interest of corporation controlled by you
Yang Xianxiang 2101 Beneficial owner
Yang Xin 2305 Beneficiary of a trust
Yang Shaopeng 2307 Founder of a discretionary trust who can infl
Tmf (cayman) Ltd. 2301 Trustee
Resourceful Link Management Limited 2101 Beneficial owner
Liu Rongli 2202 Interest of your spouse
Better Master Limited 2201 Interest of corporation controlled by you
Yang Xianxiang 2201 Interest of corporation controlled by you
Jixiang Limited 2101 Beneficial owner
Yang Shaopeng 2201 Interest of corporation controlled by you

SITC International Holdings Co Headlines

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