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Anhui Xinli Finance Co (SHSE:600318) Pretax Margin % : 57.76% (As of Mar. 2024)


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What is Anhui Xinli Finance Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Anhui Xinli Finance Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥48.5 Mil. Anhui Xinli Finance Co's Revenue for the three months ended in Mar. 2024 was ¥83.9 Mil. Therefore, Anhui Xinli Finance Co's pretax margin for the quarter that ended in Mar. 2024 was 57.76%.

The historical rank and industry rank for Anhui Xinli Finance Co's Pretax Margin % or its related term are showing as below:

SHSE:600318' s Pretax Margin % Range Over the Past 10 Years
Min: -48.89   Med: 23.84   Max: 56.95
Current: 43.5


SHSE:600318's Pretax Margin % is ranked worse than
68.33% of 1664 companies
in the Asset Management industry
Industry Median: 90.98 vs SHSE:600318: 43.50

Anhui Xinli Finance Co Pretax Margin % Historical Data

The historical data trend for Anhui Xinli Finance 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.

* Premium members only.

Anhui Xinli Finance Co Pretax Margin % Chart

Anhui Xinli Finance 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 41.40 31.79 -48.89 -15.08 44.19

Anhui Xinli Finance Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 61.47 50.45 52.24 6.39 57.76

Competitive Comparison of Anhui Xinli Finance Co's Pretax Margin %

For the Asset Management subindustry, Anhui Xinli Finance 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.


Anhui Xinli Finance Co's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Anhui Xinli Finance Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Anhui Xinli Finance Co's Pretax Margin % falls into.



Anhui Xinli Finance 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.

Anhui Xinli Finance 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 )
=148.352/335.716
=44.19 %

Anhui Xinli Finance Co's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=48.462/83.896
=57.76 %

* 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.


Anhui Xinli Finance Co  (SHSE:600318) 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.


Anhui Xinli Finance Co Pretax Margin % Related Terms

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Anhui Xinli Finance Co (SHSE:600318) Business Description

Traded in Other Exchanges
N/A
Address
No. 269 Changjiang West Road, Chaohu, Anhui, CHN, 238001
Anhui Xinli Finance Co Ltd is focused on financial equity investment and asset management. The Group is positioned as a comprehensive financial enterprise featuring rural financial services and Internet finance. It has developed into a financial holding group that covers financial security, small loans, pawn shops, financial leasing, Internet finance (P2P), fund management, asset management and other seven financial institutions. Geographically operates the business through the region of China.
Executives
Dong Fei Supervisors
Hong Zhi Cheng senior management
Sun Fu Lai senior management
Liu Yang senior management
Zhang Yue Supervisors
Xu Sheng Ming Director
Qian Yuan Wen Supervisors
Meng Qing Li senior management
Zhong Gang senior management
Xu Li Xin Director

Anhui Xinli Finance Co (SHSE:600318) Headlines

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