GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Vedan International (Holdings) Ltd (HKSE:02317) » Definitions » Pretax Margin %

Vedan International (Holdings) (HKSE:02317) Pretax Margin % : 6.21% (As of Jun. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Vedan International (Holdings) Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Vedan International (Holdings)'s Pre-Tax Income for the six months ended in Jun. 2024 was HK$90 Mil. Vedan International (Holdings)'s Revenue for the six months ended in Jun. 2024 was HK$1,446 Mil. Therefore, Vedan International (Holdings)'s pretax margin for the quarter that ended in Jun. 2024 was 6.21%.

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

HKSE:02317' s Pretax Margin % Range Over the Past 10 Years
Min: -0.93   Med: 5.19   Max: 8.69
Current: 5.82


HKSE:02317's Pretax Margin % is ranked better than
56.7% of 1882 companies
in the Consumer Packaged Goods industry
Industry Median: 4.64 vs HKSE:02317: 5.82

Vedan International (Holdings) Pretax Margin % Historical Data

The historical data trend for Vedan International (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.

Vedan International (Holdings) Pretax Margin % Chart

Vedan International (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 5.54 6.10 3.93 -0.93 2.68

Vedan International (Holdings) 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 0.31 -2.22 -0.22 5.46 6.21

Competitive Comparison of Vedan International (Holdings)'s Pretax Margin %

For the Packaged Foods subindustry, Vedan International (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.


Vedan International (Holdings)'s Pretax Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vedan International (Holdings)'s Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Vedan International (Holdings)'s Pretax Margin % falls into.



Vedan International (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.

Vedan International (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 )
=80.808/3015.918
=2.68 %

Vedan International (Holdings)'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 )
=89.745/1446.061
=6.21 %

* 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.


Vedan International (Holdings)  (HKSE:02317) 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.


Vedan International (Holdings) Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Vedan International (Holdings)'s Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Vedan International (Holdings) Business Description

Traded in Other Exchanges
N/A
Address
National Road 51, Hamlet 1A, Long Thanh District, Phuoc Thai, Dong Nai Province, Ho Chi Minh, VNM
Vedan International (Holdings) Ltd is an investment holding company engaged in the manufacture and sale of fermentation-based food additives, biochemical products, and cassava starch-based industrial products including modified starch, glucose syrup, Monosodium Glutamate (MSG), soda, and glutamic acid (GA). The products are sold to food distributors, international trading companies, and manufacturers of food, paper, textiles, and chemical products in Vietnam, other ASEAN member countries, the People's Republic of China (the PRC), Japan, Taiwan, and several European countries.

Vedan International (Holdings) Headlines

No Headlines