Seacon Shipping Group Holdings (HKSE:02409) Pretax Margin % : 23.85% (As of Jun. 2024)

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What is Seacon Shipping Group Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Seacon Shipping Group Holdings's Pre-Tax Income for the six months ended in Jun. 2024 was HK$257 Mil. Seacon Shipping Group Holdings's Revenue for the six months ended in Jun. 2024 was HK$1,076 Mil. Therefore, Seacon Shipping Group Holdings's pretax margin for the quarter that ended in Jun. 2024 was 23.85%.

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

HKSE:02409' s Pretax Margin % Range Over the Past 10 Years
Min: 0.78 Med: 8.64 Max: 27.43
Current: 27.43

HKSE:02409's Pretax Margin % is ranked better than
84.99% of 986 companies
in the Transportation industry
Industry Median: 7.395 vs HKSE:02409: 27.43

Seacon Shipping Group Holdings Pretax Margin % Historical Data

The historical data trend for Seacon Shipping Group 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.

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Seacon Shipping Group Holdings Pretax Margin % Chart

Seacon Shipping Group Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Pretax Margin %

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0.78

11.05

17.00

8.64

27.44

Seacon Shipping Group Holdings Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Pretax Margin %	Get a 7-Day Free Trial				15.23	9.58	7.83	23.85	30.87

Competitive Comparison of Seacon Shipping Group Holdings's Pretax Margin %

For the Marine Shipping subindustry, Seacon Shipping Group 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.

Seacon Shipping Group Holdings's Pretax Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Seacon Shipping Group Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Seacon Shipping Group Holdings's Pretax Margin % falls into.

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Seacon Shipping Group 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.

Seacon Shipping Group 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 )
	=	174.776	/	2023.004
	=	8.64 %

Seacon Shipping Group 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 )
	=	256.621	/	1076.046
	=	23.85 %

Seacon Shipping Group Holdings (HKSE:02409) 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.

Seacon Shipping Group Holdings Pretax Margin % Related Terms

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Seacon Shipping Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Seacon Shipping Group Holdings Ltd (HKSE:02409) » Definitions » Pretax Margin %

Traded in Other Exchanges

N/A

Address

No. 20 Zhuzhou Road, 23rd Floor, Block B, Building 3, Hisense Innovation Valley, Laoshan District, Shandong Province, Qingdao, CHN

Website

http://www.seacon.com

Seacon Shipping Group Holdings Ltd is an integrated shipping services provider. Its reportable segments are; Shipping business and Ship management business. The maximum revenue for the company is generated from its Shipping business segment which provides shipping services for commodity owners, traders, and shipping service companies through its controlled or chartered-in vessels.

Executives

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Guo Jinkui	2501 Other
Li Xuyue	2202 Interest of your spouse
Jin Qiu Holding Ltd.	2101 Beneficial owner
Chen Meimei	2202 Interest of your spouse
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Chen Zekai	2501 Other

Seacon Shipping Group Holdings Headlines

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