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XHG (XChange Tec) Pretax Margin % : -281.97% (As of Sep. 2024)


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What is XChange Tec Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. XChange Tec's Pre-Tax Income for the six months ended in Sep. 2024 was $-84.33 Mil. XChange Tec's Revenue for the six months ended in Sep. 2024 was $29.91 Mil. Therefore, XChange Tec's pretax margin for the quarter that ended in Sep. 2024 was -281.97%.

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

XHG' s Pretax Margin % Range Over the Past 10 Years
Min: -213.33   Med: -55.91   Max: -40.39
Current: -213.33


XHG's Pretax Margin % is ranked worse than
98.97% of 485 companies
in the Insurance industry
Industry Median: 10.97 vs XHG: -213.33

XChange Tec Pretax Margin % Historical Data

The historical data trend for XChange Tec'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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XChange Tec Pretax Margin % Chart

XChange Tec Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Pretax Margin %
Get a 7-Day Free Trial -126.96 - - - -212.44

XChange Tec Semi-Annual Data
Sep17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 69.15 - - -20.73 -281.97

Competitive Comparison of XChange Tec's Pretax Margin %

For the Insurance Brokers subindustry, XChange Tec'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.


XChange Tec's Pretax Margin % Distribution in the Insurance Industry

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

* The bar in red indicates where XChange Tec's Pretax Margin % falls into.


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XChange Tec 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.

XChange Tec's Pretax Margin for the fiscal year that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Sep. 2024 )/Revenue (A: Sep. 2024 )
=-86.577/40.753
=-212.44 %

XChange Tec'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 )
=-84.328/29.907
=-281.97 %

* 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.


XChange Tec  (NAS:XHG) 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.


XChange Tec Pretax Margin % Related Terms

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XChange Tec Business Description

Traded in Other Exchanges
N/A
Address
1136 Xinzha Road, No.801, Building 1, JingAn District, Shanghai, CHN, 200041
XChange Tec Inc, through its subsidiaries operates in insurance agency and insurance technology business. The company specialized in distributing automobile insurance policies at the earlier stage of business and subsequently expanded insurance product portfolio to include other types of insurance including life, health, group accident and other property related insurances. A maximum of the insurance purchased through platform and agency services is of automobile insurance.