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HLPPY (Hang Lung Properties) Pretax Margin % : 33.82% (As of Jun. 2024)


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What is Hang Lung Properties Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hang Lung Properties's Pre-Tax Income for the six months ended in Jun. 2024 was $265 Mil. Hang Lung Properties's Revenue for the six months ended in Jun. 2024 was $783 Mil. Therefore, Hang Lung Properties's pretax margin for the quarter that ended in Jun. 2024 was 33.82%.

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

HLPPY' s Pretax Margin % Range Over the Past 10 Years
Min: -9.62   Med: 70.6   Max: 167.3
Current: 42.04


HLPPY's Pretax Margin % is ranked better than
82.33% of 1771 companies
in the Real Estate industry
Industry Median: 7.88 vs HLPPY: 42.04

Hang Lung Properties Pretax Margin % Historical Data

The historical data trend for Hang Lung Properties'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.

Hang Lung Properties Pretax Margin % Chart

Hang Lung Properties 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 167.30 -9.62 66.74 56.54 59.79

Hang Lung Properties 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 56.21 56.89 67.40 51.94 33.82

Competitive Comparison of Hang Lung Properties's Pretax Margin %

For the Real Estate Services subindustry, Hang Lung Properties'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.


Hang Lung Properties's Pretax Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where Hang Lung Properties's Pretax Margin % falls into.



Hang Lung Properties 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.

Hang Lung Properties'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 )
=789.777/1320.905
=59.79 %

Hang Lung Properties'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 )
=264.789/782.843
=33.82 %

* 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.


Hang Lung Properties  (OTCPK:HLPPY) 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.


Hang Lung Properties Pretax Margin % Related Terms

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Hang Lung Properties Business Description

Traded in Other Exchanges
Address
4 Des Voeux Road Central, 28th Floor, Standard Chartered Bank Building, Hong Kong, HKG
Hung Lung Properties primarily operates in Mainland China and Hong Kong where it develops and invests in a portfolio of commercial properties for rental income, as well as develop residential properties for sale. Most of its revenue is generated in China where it focuses on retail malls in Tier 1 and 2 cities such as Shanghai, Wuxi, Hangzhou, Wuhan, Kunming, Jinan, Dalian, Shenyang, and Tianjin. As such, investors view the company as a proxy for China's overall retail growth. The company is 63% owned by Hang Lung Group.