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Sino Horizon Holdings (TPE:2923) Pretax Margin % : 47.50% (As of Mar. 2024)


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What is Sino Horizon Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sino Horizon Holdings's Pre-Tax Income for the three months ended in Mar. 2024 was NT$1,984 Mil. Sino Horizon Holdings's Revenue for the three months ended in Mar. 2024 was NT$4,177 Mil. Therefore, Sino Horizon Holdings's pretax margin for the quarter that ended in Mar. 2024 was 47.50%.

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

TPE:2923' s Pretax Margin % Range Over the Past 10 Years
Min: -6.24   Med: 39.55   Max: 92.2
Current: 39.39


TPE:2923's Pretax Margin % is ranked better than
81.25% of 1776 companies
in the Real Estate industry
Industry Median: 8.695 vs TPE:2923: 39.39

Sino Horizon Holdings Pretax Margin % Historical Data

The historical data trend for Sino Horizon Holdings'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.

Sino Horizon Holdings Pretax Margin % Chart

Sino Horizon Holdings 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 -6.24 20.09 40.90 29.68 38.20

Sino Horizon Holdings 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 44.91 -3.69 34.67 41.51 47.50

Competitive Comparison of Sino Horizon Holdings's Pretax Margin %

For the Real Estate - Development subindustry, Sino Horizon Holdings'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.


Sino Horizon Holdings's Pretax Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where Sino Horizon Holdings's Pretax Margin % falls into.



Sino Horizon Holdings 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.

Sino Horizon Holdings'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 )
=4482.421/11732.608
=38.20 %

Sino Horizon Holdings'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 )
=1983.927/4176.626
=47.50 %

* 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.


Sino Horizon Holdings  (TPE:2923) 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.


Sino Horizon Holdings Pretax Margin % Related Terms

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Sino Horizon Holdings (TPE:2923) Business Description

Traded in Other Exchanges
N/A
Address
450, Ruijin 2 Road, Huangpu District, Shanghai, CHN
Sino Horizon Holdings Ltd provides real estate development services. The company manages, sells, and develops real estate businesses in China. Its reportable segments include real-estate sales, commercial leasing, property management, and others. The company derives the maximum revenue from the real-estate sales segment. Geographically, it operates in Mainland China.

Sino Horizon Holdings (TPE:2923) Headlines

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