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Ganglong China Property Group (HKSE:06968) Pretax Margin % : 6.79% (As of Dec. 2023)


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What is Ganglong China Property Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Ganglong China Property Group's Pre-Tax Income for the six months ended in Dec. 2023 was HK$753 Mil. Ganglong China Property Group's Revenue for the six months ended in Dec. 2023 was HK$11,092 Mil. Therefore, Ganglong China Property Group's pretax margin for the quarter that ended in Dec. 2023 was 6.79%.

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

HKSE:06968' s Pretax Margin % Range Over the Past 10 Years
Min: 8.8   Med: 16.75   Max: 38.62
Current: 8.8


HKSE:06968's Pretax Margin % is ranked better than
50.22% of 1778 companies
in the Real Estate industry
Industry Median: 8.685 vs HKSE:06968: 8.80

Ganglong China Property Group Pretax Margin % Historical Data

The historical data trend for Ganglong China Property 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.

Ganglong China Property Group Pretax Margin % Chart

Ganglong China Property Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 38.62 24.54 14.50 9.04 8.80

Ganglong China Property Group Semi-Annual Data
Dec17 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 14.62 12.76 5.87 11.52 6.79

Competitive Comparison of Ganglong China Property Group's Pretax Margin %

For the Real Estate - Development subindustry, Ganglong China Property 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.


Ganglong China Property Group's Pretax Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ganglong China Property Group's Pretax Margin % distribution charts can be found below:

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



Ganglong China Property 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.

Ganglong China Property 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 )
=1691.132/19227.779
=8.80 %

Ganglong China Property 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 )
=753.466/11091.675
=6.79 %

* 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.


Ganglong China Property Group  (HKSE:06968) 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.


Ganglong China Property Group Pretax Margin % Related Terms

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Ganglong China Property Group (HKSE:06968) Business Description

Traded in Other Exchanges
Address
No. 2177 Shenkun Road, No. 11 Building, Hongqiao International Exhibition Center, PortMix South District, Miuhang District, Shanghai, CHN
Ganglong China Property Group Ltd is an investment holding company engaged in property development. It develops residential, retail, and commercial properties. The majority of its revenue comes from sales of properties in Changzhou city.
Executives
Huaxing Development Co., Ltd.
Hualian Development Co., Ltd.
Hualong Development Co., Ltd.
Chan Mei Kam
Lui Ming
Lui Wing Nam
Wong Sau Suet
Lui Chi Chung Jimmy
Lui Wing Mau
Wong Kwai Fa
Lui Jin Ling

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