Wharf Real Estate Investment Co (HKSE:01997) Pretax Margin % : 49.39% (As of Dec. 2023)

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What is Wharf Real Estate Investment Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Wharf Real Estate Investment Co's Pre-Tax Income for the six months ended in Dec. 2023 was HK$3,375 Mil. Wharf Real Estate Investment Co's Revenue for the six months ended in Dec. 2023 was HK$6,833 Mil. Therefore, Wharf Real Estate Investment Co's pretax margin for the quarter that ended in Dec. 2023 was 49.39%.

The historical rank and industry rank for Wharf Real Estate Investment Co's Pretax Margin % or its related term are showing as below:

HKSE:01997' s Pretax Margin % Range Over the Past 10 Years
Min: -60.8 Med: 57.57 Max: 213.05
Current: 43.45

HKSE:01997's Pretax Margin % is ranked better than
82.63% of 1790 companies
in the Real Estate industry
Industry Median: 8.965 vs HKSE:01997: 43.45

Wharf Real Estate Investment Co Pretax Margin % Historical Data

The historical data trend for Wharf Real Estate Investment Co'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.

Wharf Real Estate Investment Co Pretax Margin % Chart

Wharf Real Estate Investment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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37.10

-44.69

37.64

-60.80

43.45

Wharf Real Estate Investment Co Semi-Annual Data
	Dec14	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													27.75	-13.70	-107.60	37.19	49.39

Competitive Comparison of Wharf Real Estate Investment Co's Pretax Margin %

For the Real Estate Services subindustry, Wharf Real Estate Investment Co'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.

Wharf Real Estate Investment Co's Pretax Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wharf Real Estate Investment Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Wharf Real Estate Investment Co's Pretax Margin % falls into.

Wharf Real Estate Investment Co 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.

Wharf Real Estate Investment Co'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 )
	=	5782	/	13306
	=	43.45 %

Wharf Real Estate Investment Co'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 )
	=	3375	/	6833
	=	49.39 %

Wharf Real Estate Investment Co (HKSE:01997) 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.

Wharf Real Estate Investment Co Pretax Margin % Related Terms

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Wharf Real Estate Investment Co (HKSE:01997) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wharf Real Estate Investment Co Ltd (HKSE:01997) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

WRFRF:USA 4WF:Germany

Address

https://www.wharfreic.com/en/investor/reports, 16th Floor, Ocean Centre, Harbour City, Kowloon, Hong Kong, HKG

Website

https://www.wharfreic.com

Wharf spun off Wharf Real Estate Investment Co in November 2017. It is a leading property investor with a focus in prime retail assets in Hong Kong. Rental income from two flagship assets Harbour City and Times Square account for around 80% of revenue. The balance is made up of The Murray hotel, a suburban mall in Plaza Hollywood, two offices in Central CBD. The group also holds two malls in Singapore and a mixed-development in Suzhou. Wharf was originally a shipping company but transformed into a property developer and investor in the 1960s by redeveloping its unused industrial assets, many located in city-center and waterfront locations. The Harbour City site was previously wharfs, and the Times Square site was a tram depot in the 1970s. Wheelock holds a 45% stake in WREIC.

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