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Ocean Line Port Development (HKSE:08502) Pretax Margin % : 50.50% (As of Dec. 2023)


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What is Ocean Line Port Development Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Ocean Line Port Development's Pre-Tax Income for the three months ended in Dec. 2023 was HK$19.5 Mil. Ocean Line Port Development's Revenue for the three months ended in Dec. 2023 was HK$38.6 Mil. Therefore, Ocean Line Port Development's pretax margin for the quarter that ended in Dec. 2023 was 50.50%.

The historical rank and industry rank for Ocean Line Port Development's Pretax Margin % or its related term are showing as below:

HKSE:08502' s Pretax Margin % Range Over the Past 10 Years
Min: 8.04   Med: 50   Max: 57.47
Current: 56.56


HKSE:08502's Pretax Margin % is ranked better than
97.45% of 1649 companies
in the Construction industry
Industry Median: 4.47 vs HKSE:08502: 56.56

Ocean Line Port Development Pretax Margin % Historical Data

The historical data trend for Ocean Line Port Development'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.

Ocean Line Port Development Pretax Margin % Chart

Ocean Line Port Development Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only 53.74 50.00 56.83 57.47 56.52

Ocean Line Port Development Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 57.18 58.39 63.59 51.98 50.50

Competitive Comparison of Ocean Line Port Development's Pretax Margin %

For the Infrastructure Operations subindustry, Ocean Line Port Development'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.


Ocean Line Port Development's Pretax Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ocean Line Port Development's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Ocean Line Port Development's Pretax Margin % falls into.



Ocean Line Port Development 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.

Ocean Line Port Development'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 )
=107.31/189.861
=56.52 %

Ocean Line Port Development'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 )
=19.471/38.555
=50.50 %

* 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.


Ocean Line Port Development  (HKSE:08502) 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.


Ocean Line Port Development Pretax Margin % Related Terms

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Ocean Line Port Development (HKSE:08502) Business Description

Traded in Other Exchanges
N/A
Address
No.8 Yanjiang Avenue, Chizhou Economic Development Zone, Chizhou, Anhui, CHN
Ocean Line Port Development Ltd is engaged in the provision of port logistic services. Its business includes cargo handling and related supporting port services, including warehousing, short-haul land transportation, and other miscellaneous services. The company provides loading and unloading services for domestic and foreign trade, covering a wide range of cargo types, including bulk cargoes. Geographically, the group provides port services in China, and all its revenues are generated in China.
Executives
Vital Force Developments Limited 2101 Beneficial owner
Cheung Wai Fung 2101 Beneficial owner
Kwai Sze Hoi 2101 Beneficial owner

Ocean Line Port Development (HKSE:08502) Headlines

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