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Cathay Financial Holding Co (TPE:2882A.PFD) Pretax Margin % : 40.55% (As of Sep. 2024)


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What is Cathay Financial Holding Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Cathay Financial Holding Co's Pre-Tax Income for the three months ended in Sep. 2024 was NT$40,343.45 Mil. Cathay Financial Holding Co's Revenue for the three months ended in Sep. 2024 was NT$99,483.91 Mil. Therefore, Cathay Financial Holding Co's pretax margin for the quarter that ended in Sep. 2024 was 40.55%.

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

TPE:2882A.PFD' s Pretax Margin % Range Over the Past 10 Years
Min: 9.32   Med: 12.98   Max: 30.8
Current: 30.8


TPE:2882A.PFD's Pretax Margin % is ranked better than
87.27% of 479 companies
in the Insurance industry
Industry Median: 10.51 vs TPE:2882A.PFD: 30.80

Cathay Financial Holding Co Pretax Margin % Historical Data

The historical data trend for Cathay Financial Holding 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.

Cathay Financial Holding Co Pretax Margin % Chart

Cathay Financial Holding 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 12.75 12.80 25.95 13.15 21.34

Cathay Financial Holding Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 41.92 -27.65 33.92 48.68 40.55

Competitive Comparison of Cathay Financial Holding Co's Pretax Margin %

For the Insurance - Life subindustry, Cathay Financial Holding 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.


Cathay Financial Holding Co's Pretax Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Cathay Financial Holding Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Cathay Financial Holding Co's Pretax Margin % falls into.



Cathay Financial Holding 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.

Cathay Financial Holding 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 )
=58469.289/273995.86
=21.34 %

Cathay Financial Holding Co's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=40343.453/99483.908
=40.55 %

* 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.


Cathay Financial Holding Co  (TPE:2882A.PFD) 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.


Cathay Financial Holding Co Pretax Margin % Related Terms

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Cathay Financial Holding Co Business Description

Traded in Other Exchanges
Address
No. 296, Section 4, Jen Ai Road, Da\'an District, Taipei, TWN, 106
Cathay Financial Holding Co Ltd is a financial holding company that primarily serves the Taiwan market. The company offers a broad range of life insurance, banking and property and casualty insurance products to individual and corporate customers in Taiwan. The Group has five operating segments Banking operating segment, Life insurance operating segments, Property insurance operating segment, Securities operating segment, and Other operating segment. The company generates the majority of its revenue from the Life Insurance Division, which is engaged in interest-sensitive sales of traditional insurance, investment-linked insurance, and annuity insurance and providing financial planning services and policy loan services.

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