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Spring Real Estate Investment Trust (HKSE:01426) Pretax Margin % : 23.57% (As of Jun. 2024)


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What is Spring Real Estate Investment Trust Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Spring Real Estate Investment Trust's Pre-Tax Income for the six months ended in Jun. 2024 was HK$91.7 Mil. Spring Real Estate Investment Trust's Revenue for the six months ended in Jun. 2024 was HK$389.1 Mil. Therefore, Spring Real Estate Investment Trust's pretax margin for the quarter that ended in Jun. 2024 was 23.57%.

The historical rank and industry rank for Spring Real Estate Investment Trust's Pretax Margin % or its related term are showing as below:

HKSE:01426' s Pretax Margin % Range Over the Past 10 Years
Min: -35.12   Med: 45.67   Max: 121.03
Current: 19.01


HKSE:01426's Pretax Margin % is ranked worse than
63.76% of 916 companies
in the REITs industry
Industry Median: 38.16 vs HKSE:01426: 19.01

Spring Real Estate Investment Trust Pretax Margin % Historical Data

The historical data trend for Spring Real Estate Investment Trust'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.

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Spring Real Estate Investment Trust Pretax Margin % Chart

Spring Real Estate Investment Trust 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 41.20 -35.12 97.72 38.41 -1.17

Spring Real Estate Investment Trust 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 36.07 40.42 -17.20 14.62 23.57

Competitive Comparison of Spring Real Estate Investment Trust's Pretax Margin %

For the REIT - Diversified subindustry, Spring Real Estate Investment Trust'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.


Spring Real Estate Investment Trust's Pretax Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Spring Real Estate Investment Trust's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Spring Real Estate Investment Trust's Pretax Margin % falls into.



Spring Real Estate Investment Trust 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.

Spring Real Estate Investment Trust'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 )
=-9.364/801.136
=-1.17 %

Spring Real Estate Investment Trust'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 )
=91.725/389.142
=23.57 %

* 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.


Spring Real Estate Investment Trust  (HKSE:01426) 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.


Spring Real Estate Investment Trust Pretax Margin % Related Terms

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Spring Real Estate Investment Trust Business Description

Traded in Other Exchanges
N/A
Address
LHT Tower, 31 Queen’s Road Central, Room 2602, 26 Floor, Central, Hong Kong, HKG
Spring Real Estate Investment Trust is a real estate investment trust. The group holds investment properties in China and the United Kingdom and is principally engaged in property investment. It operates in three reportable business segments namely, Rental income, Car park income, and other income. A majority of the company's revenue is produced by the Rental income segment.
Executives
Mercuria Holdings Co., Ltd. 2201 Interest of corporation controlled by you
Risun Holdings Limited 2201 Interest of corporation controlled by you
Fang Chao 2201 Interest of corporation controlled by you
Siberite Limited 2201 Interest of corporation controlled by you
Rca02 2201 Interest of corporation controlled by you
Pebblebay Capital Corp 2201 Interest of corporation controlled by you
Lin Minghan 2201 Interest of corporation controlled by you
Huamao Property Holdings Ltd. 2201 Interest of corporation controlled by you
Diligent Glory Investments Limited 2201 Interest of corporation controlled by you
Chia Seok Eng 2201 Interest of corporation controlled by you
Sumitomo Mitsui Banking Corporation 2106 Person having a security interest in shares
Sino-ocean Group Holding Limited
Shining Path Limited
Pare (cayman) Limited 2201 Interest of corporation controlled by you
Pag Real Estate Limited 2201 Interest of corporation controlled by you

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