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China Beststudy Education Group (HKSE:03978) Pretax Margin % : 29.80% (As of Dec. 2023)


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What is China Beststudy Education Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. China Beststudy Education Group's Pre-Tax Income for the six months ended in Dec. 2023 was HK$97.9 Mil. China Beststudy Education Group's Revenue for the six months ended in Dec. 2023 was HK$328.6 Mil. Therefore, China Beststudy Education Group's pretax margin for the quarter that ended in Dec. 2023 was 29.80%.

The historical rank and industry rank for China Beststudy Education Group's Pretax Margin % or its related term are showing as below:

HKSE:03978' s Pretax Margin % Range Over the Past 10 Years
Min: -14.4   Med: 9.01   Max: 23.05
Current: 23.05


HKSE:03978's Pretax Margin % is ranked better than
82.13% of 263 companies
in the Education industry
Industry Median: 6.78 vs HKSE:03978: 23.05

China Beststudy Education Group Pretax Margin % Historical Data

The historical data trend for China Beststudy Education Group'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.

China Beststudy Education Group Pretax Margin % Chart

China Beststudy Education Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only 8.56 8.47 -14.40 9.01 23.04

China Beststudy Education Group Semi-Annual Data
Dec15 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 -35.16 6.26 12.32 12.30 29.80

Competitive Comparison of China Beststudy Education Group's Pretax Margin %

For the Education & Training Services subindustry, China Beststudy Education Group'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.


China Beststudy Education Group's Pretax Margin % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Beststudy Education Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where China Beststudy Education Group's Pretax Margin % falls into.



China Beststudy Education Group 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.

China Beststudy Education Group'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 )
=123.336/535.201
=23.04 %

China Beststudy Education Group'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 )
=97.918/328.63
=29.80 %

* 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.


China Beststudy Education Group  (HKSE:03978) 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.


China Beststudy Education Group Pretax Margin % Related Terms

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China Beststudy Education Group (HKSE:03978) Business Description

Traded in Other Exchanges
N/A
Address
Zhongshan 4th Road, 41th Floor, Xinde Business Centre, Yuexiu District, Guangdong, Guangzhou, CHN
China Beststudy Education Group is an investment holding company. Its principal activities are engaged in providing education-related courses which include full-time revision business, talent education, self-study program, vocational education, and after-school tutoring program for high school students. It generates the majority of its revenue from the Full-time test preparation programs segment. Geographically the company operates in mainland China.

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