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Chongqing Three Gorges Water Conservancy And Electric Power Co (SHSE:600116) Pretax Margin % : 9.56% (As of Jun. 2024)


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What is Chongqing Three Gorges Water Conservancy And Electric Power Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Chongqing Three Gorges Water Conservancy And Electric Power Co's Pre-Tax Income for the three months ended in Jun. 2024 was ¥263 Mil. Chongqing Three Gorges Water Conservancy And Electric Power Co's Revenue for the three months ended in Jun. 2024 was ¥2,748 Mil. Therefore, Chongqing Three Gorges Water Conservancy And Electric Power Co's pretax margin for the quarter that ended in Jun. 2024 was 9.56%.

The historical rank and industry rank for Chongqing Three Gorges Water Conservancy And Electric Power Co's Pretax Margin % or its related term are showing as below:

SHSE:600116' s Pretax Margin % Range Over the Past 10 Years
Min: 4.94   Med: 15.36   Max: 31.16
Current: 8.03


SHSE:600116's Pretax Margin % is ranked worse than
60.89% of 427 companies
in the Utilities - Independent Power Producers industry
Industry Median: 12.1 vs SHSE:600116: 8.03

Chongqing Three Gorges Water Conservancy And Electric Power Co Pretax Margin % Historical Data

The historical data trend for Chongqing Three Gorges Water Conservancy And Electric Power Co'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.

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Chongqing Three Gorges Water Conservancy And Electric Power Co Pretax Margin % Chart

Chongqing Three Gorges Water Conservancy And Electric Power Co 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 16.93 13.79 11.04 4.94 5.59

Chongqing Three Gorges Water Conservancy And Electric Power Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 3.17 13.68 7.43 0.82 9.56

Competitive Comparison of Chongqing Three Gorges Water Conservancy And Electric Power Co's Pretax Margin %

For the Utilities - Renewable subindustry, Chongqing Three Gorges Water Conservancy And Electric Power Co'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.


Chongqing Three Gorges Water Conservancy And Electric Power Co's Pretax Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Chongqing Three Gorges Water Conservancy And Electric Power Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Chongqing Three Gorges Water Conservancy And Electric Power Co's Pretax Margin % falls into.



Chongqing Three Gorges Water Conservancy And Electric Power Co 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.

Chongqing Three Gorges Water Conservancy And Electric Power Co'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 )
=625.216/11176.83
=5.59 %

Chongqing Three Gorges Water Conservancy And Electric Power Co'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 )
=262.605/2747.808
=9.56 %

* 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.


Chongqing Three Gorges Water Conservancy And Electric Power Co  (SHSE:600116) 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.


Chongqing Three Gorges Water Conservancy And Electric Power Co Pretax Margin % Related Terms

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Chongqing Three Gorges Water Conservancy And Electric Power Co Business Description

Traded in Other Exchanges
N/A
Address
No. 183 Bayi Road, Yide Tower, 12F, Yuzhong District, Chongqing, Chongqing, CHN, 400010
Chongqing Three Gorges Water Conservancy And Electric Power Co Ltd is a China-based company engaged in generating and distributing of hydroelectric power. The company also manufactures water conservation products as well as provides installation and advertising services.
Executives
Chen Li Juan Director
Ji Yi Director
Li Lu Chuan Supervisors
Zhang Xiao Guang Supervisors

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