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HK Electric Investments and HK Electric Investments (HKSE:02638) Pretax Margin % : 31.76% (As of Dec. 2023)


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What is HK Electric Investments and HK Electric Investments Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. HK Electric Investments and HK Electric Investments's Pre-Tax Income for the six months ended in Dec. 2023 was HK$1,962 Mil. HK Electric Investments and HK Electric Investments's Revenue for the six months ended in Dec. 2023 was HK$6,177 Mil. Therefore, HK Electric Investments and HK Electric Investments's pretax margin for the quarter that ended in Dec. 2023 was 31.76%.

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

HKSE:02638' s Pretax Margin % Range Over the Past 10 Years
Min: 29.88   Med: 35.57   Max: 38.93
Current: 31.7


HKSE:02638's Pretax Margin % is ranked better than
90.06% of 513 companies
in the Utilities - Regulated industry
Industry Median: 10.56 vs HKSE:02638: 31.70

HK Electric Investments and HK Electric Investments Pretax Margin % Historical Data

The historical data trend for HK Electric Investments and HK Electric Investments'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.

HK Electric Investments and HK Electric Investments Pretax Margin % Chart

HK Electric Investments and HK Electric Investments Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.88 30.50 35.66 32.87 31.70

HK Electric Investments and HK Electric Investments 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 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 37.69 30.29 35.02 31.63 31.76

Competitive Comparison of HK Electric Investments and HK Electric Investments's Pretax Margin %

For the Utilities - Regulated Electric subindustry, HK Electric Investments and HK Electric Investments'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.


HK Electric Investments and HK Electric Investments's Pretax Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, HK Electric Investments and HK Electric Investments's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where HK Electric Investments and HK Electric Investments's Pretax Margin % falls into.



HK Electric Investments and HK Electric Investments 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.

HK Electric Investments and HK Electric Investments'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 )
=3616/11406
=31.70 %

HK Electric Investments and HK Electric Investments'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 )
=1962/6177
=31.76 %

* 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.


HK Electric Investments and HK Electric Investments  (HKSE:02638) 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.


HK Electric Investments and HK Electric Investments Pretax Margin % Related Terms

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HK Electric Investments and HK Electric Investments (HKSE:02638) Business Description

Traded in Other Exchanges
Address
44 Kennedy Road, Hong Kong Electric Centre, Hong Kong, HKG
HK ELECTRIC INVESTMENTS LIMITED is a fixed single investment trust in Hong Kong with a focus on the power industry. The Company is a vertically integrated power utility and its operations comprise the generation, transmission, distribution and supply of electricity to Hong Kong Island and Lamma Island. Its principal operating subsidiary is The Hongkong Electric Company, Limited (HEC). HEC's sole power generation facility is the Lamma Power Station which has an aggregate installed capacity of approximately 3,700 megawatt (MW). The Company provides electricity to approximately 568,000 registered customers on Hong Kong Island and Lamma Island.

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