GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BOC Hong Kong Holdings Ltd (FRA:BOF) » Definitions » Pretax Margin %

BOC Hong Kong Holdings (FRA:BOF) Pretax Margin % : 53.69% (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is BOC Hong Kong Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. BOC Hong Kong Holdings's Pre-Tax Income for the six months ended in Dec. 2023 was €2,277 Mil. BOC Hong Kong Holdings's Revenue for the six months ended in Dec. 2023 was €4,241 Mil. Therefore, BOC Hong Kong Holdings's pretax margin for the quarter that ended in Dec. 2023 was 53.69%.

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

FRA:BOF' s Pretax Margin % Range Over the Past 10 Years
Min: 44.84   Med: 54.2   Max: 71.41
Current: 58.73


FRA:BOF's Pretax Margin % is ranked better than
91.81% of 1453 companies
in the Banks industry
Industry Median: 33.01 vs FRA:BOF: 58.73

BOC Hong Kong Holdings Pretax Margin % Historical Data

The historical data trend for BOC Hong Kong 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.

BOC Hong Kong Holdings Pretax Margin % Chart

BOC Hong Kong Holdings 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 50.10 44.84 45.90 71.41 58.73

BOC Hong Kong Holdings 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 45.61 79.72 65.12 64.17 53.69

Competitive Comparison of BOC Hong Kong Holdings's Pretax Margin %

For the Banks - Regional subindustry, BOC Hong Kong 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.


BOC Hong Kong Holdings's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, BOC Hong Kong Holdings's Pretax Margin % distribution charts can be found below:

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



BOC Hong Kong 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.

BOC Hong Kong 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 )
=4803.982/8179.239
=58.73 %

BOC Hong Kong 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 )
=2276.825/4240.735
=53.69 %

* 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.


BOC Hong Kong Holdings  (FRA:BOF) 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.


BOC Hong Kong Holdings Pretax Margin % Related Terms

Thank you for viewing the detailed overview of BOC Hong Kong Holdings's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


BOC Hong Kong Holdings (FRA:BOF) Business Description

Traded in Other Exchanges
Address
1 Garden Road, 53rd Floor, Bank of China Tower, Hong Kong, HKG
Bank of China Hong Kong, or BOCHK, is a subsidiary of Bank of China. It is the second-largest bank in Hong Kong in terms of loan and deposit market shares. Although BOCHK is legally separate from Bank of China, it maintains close relationships with it in management, administration, and business relations. The two companies also cooperate in several areas, including the reselling of Bank of China's insurance and securities services. Bank of China holds a 66% stake in BOCHK.