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Morris Home Holdings (HKSE:01575) Pretax Margin % : -11.64% (As of Dec. 2023)


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What is Morris Home Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Morris Home Holdings's Pre-Tax Income for the six months ended in Dec. 2023 was HK$-12.6 Mil. Morris Home Holdings's Revenue for the six months ended in Dec. 2023 was HK$108.0 Mil. Therefore, Morris Home Holdings's pretax margin for the quarter that ended in Dec. 2023 was -11.64%.

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

HKSE:01575' s Pretax Margin % Range Over the Past 10 Years
Min: -154.09   Med: -4.66   Max: 12.99
Current: -13.9


HKSE:01575's Pretax Margin % is ranked worse than
90.26% of 421 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.27 vs HKSE:01575: -13.90

Morris Home Holdings Pretax Margin % Historical Data

The historical data trend for Morris Home 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.

Morris Home Holdings Pretax Margin % Chart

Morris Home 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 -18.25 -14.49 -23.92 -154.09 -13.90

Morris Home Holdings Semi-Annual Data
Dec13 Dec14 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 -34.24 -233.36 -99.31 -16.40 -11.64

Competitive Comparison of Morris Home Holdings's Pretax Margin %

For the Furnishings, Fixtures & Appliances subindustry, Morris Home 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.


Morris Home Holdings's Pretax Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Morris Home Holdings's Pretax Margin % distribution charts can be found below:

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



Morris Home 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.

Morris Home 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 )
=-28.58/205.603
=-13.90 %

Morris Home 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 )
=-12.574/107.978
=-11.64 %

* 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.


Morris Home Holdings  (HKSE:01575) 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.


Morris Home Holdings Pretax Margin % Related Terms

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Morris Home Holdings (HKSE:01575) Business Description

Traded in Other Exchanges
N/A
Address
No. 258, Shengli Road, Maqiao Street, Haining City, Zhejiang Province, Jiaxing City, CHN
Morris Home Holdings Ltd is an investment holding company engaged in the manufacturing and marketing of sofas, sofa covers, and other furniture products. The company's operating segment includes Retail and Manufacturing. It generates maximum revenue from the Retail segment. Geographically, it derives revenue from the Peoples Republic of China.
Executives
Morris Capital Limited 2101 Beneficial owner
Wu Xiangfei 2202 Interest of your spouse
Zou Gebing 2201 Interest of corporation controlled by you
Chen Jie 2106 Person having a security interest in shares
Century Icon Holdings Limited 2101 Beneficial owner
Tse Kam Pang 2201 Interest of corporation controlled by you
Morris Esop Development Limited 2306 Nominee for another person
Tct (bvi) Limited 2501 Other
The Core Trust Company Limited 2301 Trustee
Morris Capital Ltd. 2101 Beneficial owner

Morris Home Holdings (HKSE:01575) Headlines

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