Canvest Environmental Protection Group Co (HKSE:01381) Pretax Margin % : 21.56% (As of Dec. 2023)

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What is Canvest Environmental Protection Group Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Canvest Environmental Protection Group Co's Pre-Tax Income for the six months ended in Dec. 2023 was HK$431 Mil. Canvest Environmental Protection Group Co's Revenue for the six months ended in Dec. 2023 was HK$1,999 Mil. Therefore, Canvest Environmental Protection Group Co's pretax margin for the quarter that ended in Dec. 2023 was 21.56%.

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

HKSE:01381' s Pretax Margin % Range Over the Past 10 Years
Min: 19.97 Med: 25.74 Max: 29.68
Current: 22.9

HKSE:01381's Pretax Margin % is ranked better than
87.88% of 231 companies
in the Waste Management industry
Industry Median: 5.74 vs HKSE:01381: 22.90

Canvest Environmental Protection Group Co Pretax Margin % Historical Data

The historical data trend for Canvest Environmental Protection Group 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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Canvest Environmental Protection Group Co Pretax Margin % Chart

Canvest Environmental Protection Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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25.85

25.20

22.77

19.97

22.90

Canvest Environmental Protection Group Co 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															19.65	22.31	17.64	23.79	21.56

Competitive Comparison of Canvest Environmental Protection Group Co's Pretax Margin %

For the Waste Management subindustry, Canvest Environmental Protection Group 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.

Canvest Environmental Protection Group Co's Pretax Margin % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Canvest Environmental Protection Group Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Canvest Environmental Protection Group Co's Pretax Margin % falls into.

Canvest Environmental Protection Group 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.

Canvest Environmental Protection Group 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 )
	=	1140.273	/	4980.16
	=	22.90 %

Canvest Environmental Protection Group 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 )
	=	431.042	/	1999.139
	=	21.56 %

Canvest Environmental Protection Group Co (HKSE:01381) 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.

Canvest Environmental Protection Group Co Pretax Margin % Related Terms

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Canvest Environmental Protection Group Co (HKSE:01381) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Canvest Environmental Protection Group Co Ltd (HKSE:01381) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

0XC:Germany

Address

2 San Yuan Road, Level 24, Canvest Tower, Nan Cheng District, Guangdong, Dongguan, CHN

Website

http://www.canvestenvironment.com

Canvest Environmental Protection Group Co Ltd develops and operates waste-to-energy plants. Incineration systems and technologies help treat waste and process components into energy. The company sells energy to clients, and continues to monitor applications and work toward reducing emissions of carbon dioxide. Revenues can be broken down into four business areas: Power sales, Waste treatment fees, Construction, and Finance income. It treats various types of waste, including sludge, ash from incineration systems, industrial sold waste, and wastewater. The majority of the company's revenue and assets are generated and located in China.

Executives

Best Approach Developments Limited	2106 Person having a security interest in shares
Century Rise Development Limited	2106 Person having a security interest in shares
Harvest Vista Company Limited	2106 Person having a security interest in shares
Hsbc International Trustee Limited	2106 Person having a security interest in shares
Shanghai Industrial Holdings Limited	2101 Beneficial owner
Shanghai Industrial Investment (holdings) Company Limited	2201 Interest of corporation controlled by you
Lai Kin Man	2106 Person having a security interest in shares
Lai Chun Tung	2106 Person having a security interest in shares
Lee Wing Yee Loretta	2106 Person having a security interest in shares

Canvest Environmental Protection Group Co (HKSE:01381) Headlines

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