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China Gas Holdings (China Gas Holdings) Pretax Margin % : 6.99% (As of Sep. 2023)


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What is China Gas Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. China Gas Holdings's Pre-Tax Income for the six months ended in Sep. 2023 was $322 Mil. China Gas Holdings's Revenue for the six months ended in Sep. 2023 was $4,605 Mil. Therefore, China Gas Holdings's pretax margin for the quarter that ended in Sep. 2023 was 6.99%.

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

CGHOF' s Pretax Margin % Range Over the Past 10 Years
Min: 4.91   Med: 15.74   Max: 21.37
Current: 4.91


CGHOF's Pretax Margin % is ranked worse than
69.53% of 512 companies
in the Utilities - Regulated industry
Industry Median: 10.39 vs CGHOF: 4.91

China Gas Holdings Pretax Margin % Historical Data

The historical data trend for China Gas 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.

China Gas Holdings Pretax Margin % Chart

China Gas Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.83 21.37 20.14 12.23 6.56

China Gas Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 14.28 10.60 10.20 3.37 6.99

Competitive Comparison of China Gas Holdings's Pretax Margin %

For the Utilities - Regulated Gas subindustry, China Gas 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.


China Gas Holdings's Pretax Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Gas Holdings's Pretax Margin % distribution charts can be found below:

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



China Gas 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.

China Gas Holdings's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=769.3/11720.214
=6.56 %

China Gas Holdings's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=321.802/4604.861
=6.99 %

* 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.


China Gas Holdings  (OTCPK:CGHOF) 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.


China Gas Holdings Pretax Margin % Related Terms

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China Gas Holdings (China Gas Holdings) Business Description

Address
151 Gloucester Road, Room 1601, 16th Floor, Capital Centre, Wan Chai, Hong Kong, HKG
China Gas Holdings is involved in the wholesale and retail businesses of natural gas and liquefied petroleum gas in China. As of fiscal 2023 (ended March 31, 2023), the group had secured a total of 661 piped gas concessions, 533 compressed natural gas/liquefied natural gas refilling stations for vehicles, and 106 LPG distribution projects in China. In total, CGH has connected 45.4 million residential households and achieved a penetration rate of 68.6%.

China Gas Holdings (China Gas Holdings) Headlines

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