Macau Legend Development (HKSE:01680) Pretax Margin % : -48.36% (As of Dec. 2023)

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What is Macau Legend Development Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Macau Legend Development's Pre-Tax Income for the six months ended in Dec. 2023 was HK$-232.8 Mil. Macau Legend Development's Revenue for the six months ended in Dec. 2023 was HK$481.4 Mil. Therefore, Macau Legend Development's pretax margin for the quarter that ended in Dec. 2023 was -48.36%.

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

HKSE:01680' s Pretax Margin % Range Over the Past 10 Years
Min: -265.94 Med: -18.24 Max: 131.4
Current: -45.35

HKSE:01680's Pretax Margin % is ranked worse than
90.49% of 820 companies
in the Travel & Leisure industry
Industry Median: 6.315 vs HKSE:01680: -45.35

Macau Legend Development Pretax Margin % Historical Data

The historical data trend for Macau Legend Development'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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Macau Legend Development Pretax Margin % Chart

Macau Legend Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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-5.91

-265.94

-98.41

-106.16

-45.35

Macau Legend Development Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Pretax Margin %	Get a 7-Day Free Trial															-76.53	-82.58	-182.56	-41.89	-48.36

Competitive Comparison of Macau Legend Development's Pretax Margin %

For the Resorts & Casinos subindustry, Macau Legend Development'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.

Macau Legend Development's Pretax Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Macau Legend Development's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Macau Legend Development's Pretax Margin % falls into.

Macau Legend Development 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.

Macau Legend Development'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 )
	=	-408.852	/	901.645
	=	-45.35 %

Macau Legend Development'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 )
	=	-232.832	/	481.413
	=	-48.36 %

Macau Legend Development (HKSE:01680) 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.

Macau Legend Development Pretax Margin % Related Terms

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Macau Legend Development (HKSE:01680) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Macau Legend Development Ltd (HKSE:01680) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

MALDF:USA

Address

Avenida da Amizade e Avenida da, Palace Building, Macau Fisherman’s Wharf, Dr. Sun Yat Sen, Macau, MAC

Website

http://www.macaulegend.com

Macau Legend Development Ltd is an investment holdings company. The company is one of the owners of entertainment and casino gaming facilities in Macau. The company currently has Macau Fisherman's Wharf operated by MFW Investment (MFW), which is a waterfront integrated gaming, hotel, convention and entertainment complex located on the Macau Peninsula. The company's businesses include 1) the provision of gaming services to SJM for the operation of Legend Palace Casino; 2) the operation of casino inside Savan Legend Resorts Hotel and Entertainment Complex in the Lao People's Democratic Republic (Lao PDR); and 3) the operation of hotels, entertainment and leisure facilities within its properties.

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