GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » KE Holdings Inc (HKSE:02423) » Definitions » Pretax Margin %

KE Holdings (HKSE:02423) Pretax Margin % : 7.40% (As of Sep. 2024)


View and export this data going back to 2022. Start your Free Trial

What is KE Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. KE Holdings's Pre-Tax Income for the three months ended in Sep. 2024 was HK$1,840 Mil. KE Holdings's Revenue for the three months ended in Sep. 2024 was HK$24,867 Mil. Therefore, KE Holdings's pretax margin for the quarter that ended in Sep. 2024 was 7.40%.

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

HKSE:02423' s Pretax Margin % Range Over the Past 10 Years
Min: -2.77   Med: 0.48   Max: 10.14
Current: 7.76


HKSE:02423's Pretax Margin % is ranked worse than
50.28% of 1772 companies
in the Real Estate industry
Industry Median: 7.875 vs HKSE:02423: 7.76

KE Holdings Pretax Margin % Historical Data

The historical data trend for KE 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.

KE Holdings Pretax Margin % Chart

KE Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -2.77 6.22 1.41 0.48 10.14

KE Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 9.38 3.77 7.47 11.76 7.40

Competitive Comparison of KE Holdings's Pretax Margin %

For the Real Estate Services subindustry, KE 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.


KE Holdings's Pretax Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, KE Holdings's Pretax Margin % distribution charts can be found below:

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



KE 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.

KE 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 )
=8623.347/85070.766
=10.14 %

KE Holdings's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=1840.439/24866.73
=7.40 %

* 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.


KE Holdings  (HKSE:02423) 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.


KE Holdings Pretax Margin % Related Terms

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


KE Holdings Business Description

Traded in Other Exchanges
Address
No. 2 Chuangye Road, Oriental Electronic Technology Building, Haidian District, Beijing, CHN, 100086
KE Holdings, or Beike, is a large residential real estate sales and rental brokerage company in China. Founded in 2001, the company operates through self-owned Lianjia stores in Beijing and Shanghai and connected third-party agencies including franchise brand Deyou in other cities, with commissions charged on existing-home and new-home transactions. Leveraging an online-offline hybrid model, Beike also attract clients through its namesake online marketplace. The company tapped into home renovation services by acquiring Shengdu Home Decoration in 2022. As of the end of 2023, Beike's cofounders collectively control the company, while Tencent and its affiliates share 8% of voting power.
Executives
The Bank Of New York Mellon Corporation 2201 Interest of corporation controlled by you
Peng Yongdong 2307 Founder of a discretionary trust who can infl
Zhu Yan 2501 Other
Propitious Global Holdings Limited 2101 Beneficial owner
Grain Bud Holding Limited 2201 Interest of corporation controlled by you
Baihui Partners L.p. 2201 Interest of corporation controlled by you
Ample Platinum Holdings Limited 2201 Interest of corporation controlled by you
Shan Yigang 2307 Founder of a discretionary trust who can infl
Jpmorgan Chase & Co. 2502 Approved lending agent
Cantrust (far East) Limited 2301 Trustee
Ark Trust (hong Kong) Limited 2201 Interest of corporation controlled by you
Data Bliss Limited 2201 Interest of corporation controlled by you
Trident Trust Company (hk) Limited 2201 Interest of corporation controlled by you
Sapient Rich Holdings Limited 2201 Interest of corporation controlled by you
Clover Rich Limited 2101 Beneficial owner

KE Holdings Headlines

No Headlines