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Zimre Holdings (XZIM:ZIMR.ZW) Pretax Margin % : 23.66% (As of Dec. 2023)


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What is Zimre Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Zimre Holdings's Pre-Tax Income for the six months ended in Dec. 2023 was ZWL136,949 Mil. Zimre Holdings's Revenue for the six months ended in Dec. 2023 was ZWL578,860 Mil. Therefore, Zimre Holdings's pretax margin for the quarter that ended in Dec. 2023 was 23.66%.

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

XZIM:ZIMR.ZW' s Pretax Margin % Range Over the Past 10 Years
Min: -26.9   Med: 27.01   Max: 52.94
Current: 52.94


XZIM:ZIMR.ZW's Pretax Margin % is ranked better than
93.25% of 489 companies
in the Insurance industry
Industry Median: 10.4 vs XZIM:ZIMR.ZW: 52.94

Zimre Holdings Pretax Margin % Historical Data

The historical data trend for Zimre 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.

Zimre Holdings Pretax Margin % Chart

Zimre Holdings Annual Data
Trend Dec08 Dec09 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 24.57 39.18 32.14 27.01 52.94

Zimre Holdings Semi-Annual Data
Dec09 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.93 1,205.63 -16.08 707.66 23.66

Competitive Comparison of Zimre Holdings's Pretax Margin %

For the Insurance - Reinsurance subindustry, Zimre 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.


Zimre Holdings's Pretax Margin % Distribution in the Insurance Industry

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

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



Zimre 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.

Zimre 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 )
=320174.274/604751.79
=52.94 %

Zimre Holdings's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=136949.483/578859.99
=23.66 %

* 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.


Zimre Holdings  (XZIM:ZIMR.ZW) 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.


Zimre Holdings Pretax Margin % Related Terms

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Zimre Holdings (XZIM:ZIMR.ZW) Business Description

Traded in Other Exchanges
N/A
Address
Smatsatsa Office Park, 2nd Floor, D Block, P.O. Box 4839, Borrowdale, Stand Number 10667, Harare, ZWE
Zimre Holdings Ltd is a Zimbabwe-based investment holding company. The firm operates its business activities in five segments. The Reinsurance segment offers short-term reinsurance products and services to general insurance companies locally, regionally and internationally. The Life reassurance segment offers its services to life assurance companies and medical aid societies locally and regionally. The Property segment is engaged in leasing, developing, managing, selling and buying properties. General insurance offers short-term insurance products and services directly to policyholders locally. Life and Pension segment. The Reinsurance segment contributes to the majority of the company's revenue. Zimre has operations in Botswana, Malawi, Mozambique, South Africa, Zambia and Zimbabwe.

Zimre Holdings (XZIM:ZIMR.ZW) Headlines

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