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City Developments (SGX:C09) Pretax Margin % : 13.10% (As of Dec. 2023)


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What is City Developments Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. City Developments's Pre-Tax Income for the six months ended in Dec. 2023 was S$293 Mil. City Developments's Revenue for the six months ended in Dec. 2023 was S$2,237 Mil. Therefore, City Developments's pretax margin for the quarter that ended in Dec. 2023 was 13.10%.

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

SGX:C09' s Pretax Margin % Range Over the Past 10 Years
Min: -84.94   Med: 21.36   Max: 56.38
Current: 9.56


SGX:C09's Pretax Margin % is ranked better than
51.43% of 1789 companies
in the Real Estate industry
Industry Median: 8.76 vs SGX:C09: 9.56

City Developments Pretax Margin % Historical Data

The historical data trend for City Developments'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.

City Developments Pretax Margin % Chart

City Developments 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 21.99 -84.94 8.18 56.38 9.56

City Developments Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.30 107.16 15.31 6.64 13.10

Competitive Comparison of City Developments's Pretax Margin %

For the Real Estate - Development subindustry, City Developments'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.


City Developments's Pretax Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where City Developments's Pretax Margin % falls into.



City Developments 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.

City Developments'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 )
=472.568/4941.121
=9.56 %

City Developments'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 )
=293.033/2237.424
=13.10 %

* 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.


City Developments  (SGX:C09) 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.


City Developments Pretax Margin % Related Terms

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City Developments (SGX:C09) Business Description

Traded in Other Exchanges
Address
9 Raffles Place, No. 12-01 Republic Plaza, Singapore, SGP, 048619
City Developments, or CDL, is a listed property group of parent company Hong Leong Group. CDL's main businesses in property development and hotel operations makes up the majority of the group's operating profit. A portfolio of investment properties underpins recurring rental income and increasing income from investment properties is a key strategy for the group in the medium term. CDL's key geography is in Singapore with almost half of the group's total assets derived there. Its expansion into international markets is focused on the United Kingdom, China and Japan. CDL privatized its hotel operations, Millennium and Copthorne in 2019.

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