China Vanke Co (HKSE:02202) Pretax Margin % : 1.14% (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is China Vanke Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. China Vanke Co's Pre-Tax Income for the three months ended in Mar. 2024 was HK$760 Mil. China Vanke Co's Revenue for the three months ended in Mar. 2024 was HK$66,910 Mil. Therefore, China Vanke Co's pretax margin for the quarter that ended in Mar. 2024 was 1.14%.

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

HKSE:02202' s Pretax Margin % Range Over the Past 10 Years
Min: 5.73 Med: 17.27 Max: 22.66
Current: 5.73

HKSE:02202's Pretax Margin % is ranked worse than
56.49% of 1788 companies
in the Real Estate industry
Industry Median: 8.685 vs HKSE:02202: 5.73

China Vanke Co Pretax Margin % Historical Data

The historical data trend for China Vanke 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.

China Vanke Co Pretax Margin % Chart

China Vanke Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

Get a 7-Day Free Trial

20.80

19.01

11.53

10.40

6.40

China Vanke Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pretax Margin %	Get a 7-Day Free Trial															6.18	12.44	8.94	0.63	1.14

Competitive Comparison of China Vanke Co's Pretax Margin %

For the Real Estate - Development subindustry, China Vanke 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.

China Vanke Co's Pretax Margin % Distribution in the Real Estate Industry

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

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

China Vanke 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.

China Vanke 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 )
	=	32600.548	/	509415.569
	=	6.40 %

China Vanke Co's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	759.719	/	66909.814
	=	1.14 %

China Vanke Co (HKSE:02202) 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.

China Vanke Co Pretax Margin % Related Terms

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

China Vanke Co (HKSE:02202) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Vanke Co Ltd (HKSE:02202) » Definitions » Pretax Margin %

Traded in Other Exchanges

CHVKF:USA CHVKY:USA 18V:Germany 000002:China

Address

Vanke Center, No. 33 Huanmei Road, Dameisha, Yantian District, Shenzhen, CHN, 518083

Website

https://www.vanke.com

China Vanke is a large real estate developer in China with residential property sales among the top three of all peers through the past five years. While property development accounts for most of its revenue and earnings, it has expanded its business presence in investment properties such as commercial retail complexes, long-term leasing apartments, and leasable logistical assets. China Vanke also owns an over-60% equity interest in its property management division Onewo, which manages the second-largest gross floor area in China. It is dual-listed in Shenzhen and Hong Kong, and state-owned Shenzhen Metro is the largest shareholder with a 27.2% stake.

Executives

Blackrock, Inc.	2201 Interest of corporation controlled by you
Citigroup Inc.	2201 Interest of corporation controlled by you
Jpmorgan Chase & Co.	2102 Investment manager
Shang Hai Ning Quan Zi Chan Guan Li You Xian Gong Si	2102 Investment manager
Morgan Stanley	2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co.	2502 Approved lending agent
Gic Private Limited	2102 Investment manager
Ubs Group Ag	2201 Interest of corporation controlled by you
Shen Zhen Ying An Cai Wu Gu Wen You Xian Gong Si	2201 Interest of corporation controlled by you

China Vanke Co (HKSE:02202) Headlines

No Headlines