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CNPC Capital Co (SZSE:000617) Pretax Margin % : 44.42% (As of Mar. 2024)


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What is CNPC Capital Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. CNPC Capital Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥4,309 Mil. CNPC Capital Co's Revenue for the three months ended in Mar. 2024 was ¥9,701 Mil. Therefore, CNPC Capital Co's pretax margin for the quarter that ended in Mar. 2024 was 44.42%.

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

SZSE:000617' s Pretax Margin % Range Over the Past 10 Years
Min: -12.58   Med: 47.28   Max: 61.13
Current: 33.68


SZSE:000617's Pretax Margin % is ranked better than
82.46% of 114 companies
in the Diversified Financial Services industry
Industry Median: 3.685 vs SZSE:000617: 33.68

CNPC Capital Co Pretax Margin % Historical Data

The historical data trend for CNPC Capital 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.

CNPC Capital Co Pretax Margin % Chart

CNPC Capital 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 56.12 61.13 43.55 40.12 34.41

CNPC Capital 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 48.16 39.33 34.13 18.62 44.42

Competitive Comparison of CNPC Capital Co's Pretax Margin %

For the Financial Conglomerates subindustry, CNPC Capital 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.


CNPC Capital Co's Pretax Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, CNPC Capital Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where CNPC Capital Co's Pretax Margin % falls into.



CNPC Capital 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.

CNPC Capital 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 )
=13416.749/38992.108
=34.41 %

CNPC Capital 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 )
=4309.086/9701.139
=44.42 %

* 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.


CNPC Capital Co  (SZSE:000617) 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.


CNPC Capital Co Pretax Margin % Related Terms

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CNPC Capital Co (SZSE:000617) Business Description

Traded in Other Exchanges
N/A
Address
No. 11966 Jingshi West Road, Shandong Province, Jinan, CHN, 250306
CNPC Capital Co Ltd operates as a financial management company. The company provides house banking, banking, financial leasing, trust, insurance, insurance brokerage and securities.

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