Sincere Co (HKSE:00244) Pretax Margin % : -45.41% (As of Dec. 2023)

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What is Sincere Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sincere Co's Pre-Tax Income for the six months ended in Dec. 2023 was HK$-32.6 Mil. Sincere Co's Revenue for the six months ended in Dec. 2023 was HK$71.8 Mil. Therefore, Sincere Co's pretax margin for the quarter that ended in Dec. 2023 was -45.41%.

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

HKSE:00244' s Pretax Margin % Range Over the Past 10 Years
Min: -82.09 Med: -39.26 Max: -19.31
Current: -35.31

HKSE:00244's Pretax Margin % is ranked worse than
92.7% of 1109 companies
in the Retail - Cyclical industry
Industry Median: 3.01 vs HKSE:00244: -35.31

Sincere Co Pretax Margin % Historical Data

The historical data trend for Sincere 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.

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Sincere Co Pretax Margin % Chart

Sincere Co Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Dec22

Dec23

Pretax Margin %

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-43.20

-56.68

-82.09

-43.64

-35.31

Sincere Co Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Jun22	Dec22	Jun23	Dec23
Pretax Margin %	Get a 7-Day Free Trial															-76.23	-57.10	-31.64	-25.55	-45.41

Competitive Comparison of Sincere Co's Pretax Margin %

For the Department Stores subindustry, Sincere 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.

Sincere Co's Pretax Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sincere Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Sincere Co's Pretax Margin % falls into.

Sincere 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.

Sincere 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 )
	=	-51.598	/	146.147
	=	-35.31 %

Sincere 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 )
	=	-32.601	/	71.791
	=	-45.41 %

Sincere Co (HKSE:00244) 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.

Sincere Co Pretax Margin % Related Terms

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Sincere Co (HKSE:00244) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sincere Co Ltd (HKSE:00244) » Definitions » Pretax Margin %

Traded in Other Exchanges

N/A

Address

1 Connaught Place, 24th Floor, Jardine House, Central, Hong Kong, HKG

Website

https://www.sincere.com.hk

Sincere Co Ltd is mainly engaged in the retailing business. The company has aggregated its operations into three reportable segments, Department Store Operations; Securities Trading and Others. The Department Store Operations segment consists of the operations of department stores offering a wide range of consumer products; the Securities Trading segment consists of the trading of Hong Kong and overseas securities; and the Others segment consists of the sublease of properties and the provision of general and life insurances. Its primary geographic markets are Hong Kong, Mainland China, the United Kingdom and others. Geographically the company receives maximum revenue from Hong Kong.

Executives

Manureen Holdings Limited	2201 Interest of corporation controlled by you
Realord Group Holdings Limited	2101 Beneficial owner
Lin Xiaohui	2201 Interest of corporation controlled by you
Su Jiaohua	2202 Interest of your spouse
Yuan Lie Ming Peter	2101 Beneficial owner

Sincere Co (HKSE:00244) Headlines

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