GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Finet Group Ltd (HKSE:08317) » Definitions » Pretax Margin %

Finet Group (HKSE:08317) Pretax Margin % : -36.37% (As of Sep. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Finet Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Finet Group's Pre-Tax Income for the three months ended in Sep. 2023 was HK$-1.84 Mil. Finet Group's Revenue for the three months ended in Sep. 2023 was HK$5.06 Mil. Therefore, Finet Group's pretax margin for the quarter that ended in Sep. 2023 was -36.37%.

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

HKSE:08317' s Pretax Margin % Range Over the Past 10 Years
Min: -363.16   Med: -139.1   Max: -68.88
Current: -224.22


HKSE:08317's Pretax Margin % is ranked worse than
98.02% of 1059 companies
in the Business Services industry
Industry Median: 5.49 vs HKSE:08317: -224.22

Finet Group Pretax Margin % Historical Data

The historical data trend for Finet 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.

Finet Group Pretax Margin % Chart

Finet Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -141.55 -73.64 -68.88 -76.48 -136.64

Finet Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -11.36 -783.05 1,100.52 -4.72 -36.37

Competitive Comparison of Finet Group's Pretax Margin %

For the Specialty Business Services subindustry, Finet 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.


Finet Group's Pretax Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Finet Group's Pretax Margin % distribution charts can be found below:

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



Finet 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.

Finet Group's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=-17.578/12.864
=-136.64 %

Finet Group's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-1.84/5.059
=-36.37 %

* 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.


Finet Group  (HKSE:08317) 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.


Finet Group Pretax Margin % Related Terms

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


Finet Group (HKSE:08317) Business Description

Traded in Other Exchanges
N/A
Address
77-79 Gloucester Road, 30th Floor, Fortis Tower, Wanchai, Hong Kong, HKG
Finet Group Ltd is an investment holding company. The company has four business segments namely Financial Information, Advertising and Investor Relationship Service Business; Securities and Futures Business; Money Lending Business; and Property Investment Business. The Financial Information, Advertising and Investor Relationship Service Business segment involves in the development, production, and provision of financial information services and technology solutions to investors, corporate and retail clients. The Securities and Futures segment specializes in the provision of online securities and futures trading. The Money Lending Business segment engages in lending. The Property Investment segment involves in the real estate business.
Executives
Lo Yuk Yee 2101 Beneficial owner
Maxx Capital International Limited 2101 Beneficial owner
Pablos International Limited 2201 Interest of corporation controlled by you
Broadgain International Limited 2101 Beneficial owner
Lo Yuk Yee
Wang Yuan 2101 Beneficial owner

Finet Group (HKSE:08317) Headlines

No Headlines