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Huishang Bank (HKSE:03698) Pretax Margin % : 60.00% (As of Jun. 2024)


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What is Huishang Bank Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Huishang Bank's Pre-Tax Income for the six months ended in Jun. 2024 was HK$10,962 Mil. Huishang Bank's Revenue for the six months ended in Jun. 2024 was HK$18,272 Mil. Therefore, Huishang Bank's pretax margin for the quarter that ended in Jun. 2024 was 60.00%.

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

HKSE:03698' s Pretax Margin % Range Over the Past 10 Years
Min: 37.42   Med: 42.42   Max: 58.13
Current: 52.14


HKSE:03698's Pretax Margin % is ranked better than
85.84% of 1533 companies
in the Banks industry
Industry Median: 31.73 vs HKSE:03698: 52.14

Huishang Bank Pretax Margin % Historical Data

The historical data trend for Huishang Bank'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.

Huishang Bank Pretax Margin % Chart

Huishang Bank 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 39.48 37.42 40.27 47.61 47.78

Huishang Bank 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 47.55 47.67 50.62 44.61 60.00

Competitive Comparison of Huishang Bank's Pretax Margin %

For the Banks - Regional subindustry, Huishang Bank'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.


Huishang Bank's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Huishang Bank's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Huishang Bank's Pretax Margin % falls into.



Huishang Bank 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.

Huishang Bank'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 )
=19312.751/40416
=47.78 %

Huishang Bank'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 )
=10962.468/18272.197
=60.00 %

* 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.


Huishang Bank  (HKSE:03698) 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.


Huishang Bank Pretax Margin % Related Terms

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Huishang Bank Business Description

Traded in Other Exchanges
Address
No. 1699 Yungu Road, Huishang Bank Building, Anhui Province, Hefei, CHN, 230092
Huishang Bank Corp Ltd is a regional commercial bank in China. The company operates through four main business segments: corporate banking, retail banking, treasury, and others. The corporate banking segment provides financial services to corporate customers, government authorities, and financial institutions, such as current accounts, deposits, overdrafts, loans, and wealth management products. The retail banking segment provides services to retail customers, such as savings deposits, personal loans, and advances. The treasury segment provides securities investment and money market and repurchase transactions. The other segment includes investment holding and other miscellaneous activities. The company operates in China and earns the majority of its revenue in the Anhui Province.
Executives
Chuang Jian Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Xian Dai Chuang Xin Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Jing Xin Hua Zi Chan Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Jing Shi Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Song Qing Ling Ji Jin Hui 2201 Interest of corporation controlled by you
Shang Hai Zhong Jing An Yin Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Qing Tian An Yin Qi Ye Guan Li Zi Xun You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Jing Xin Hua Zi Chan Guan Li Xiang Gang You Xian Gong Si 2201 Interest of corporation controlled by you
Wealth Honest Limited 2101 Beneficial owner
Guotai Junan International Holdings Limited 2201 Interest of corporation controlled by you
Guotai Junan Securities Co., Ltd 2201 Interest of corporation controlled by you
Haitong International Holdings Limited 2201 Interest of corporation controlled by you
Haitong International Securities (singapore) Pte. Ltd. 2106 Person having a security interest in shares
Haitong International Securities Group Limited 2201 Interest of corporation controlled by you
Haitong Securities Co., Ltd. 2201 Interest of corporation controlled by you

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