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Dongguan Rural Commercial Bank Co (HKSE:09889) Pretax Margin % : 19.18% (As of Dec. 2023)


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What is Dongguan Rural Commercial Bank Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Dongguan Rural Commercial Bank Co's Pre-Tax Income for the six months ended in Dec. 2023 was HK$1,281 Mil. Dongguan Rural Commercial Bank Co's Revenue for the six months ended in Dec. 2023 was HK$6,681 Mil. Therefore, Dongguan Rural Commercial Bank Co's pretax margin for the quarter that ended in Dec. 2023 was 19.18%.

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

HKSE:09889' s Pretax Margin % Range Over the Past 10 Years
Min: 38.67   Med: 46.89   Max: 52.28
Current: 38.67


HKSE:09889's Pretax Margin % is ranked better than
62.97% of 1453 companies
in the Banks industry
Industry Median: 33.01 vs HKSE:09889: 38.67

Dongguan Rural Commercial Bank Co Pretax Margin % Historical Data

The historical data trend for Dongguan Rural Commercial Bank 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.

Dongguan Rural Commercial Bank Co Pretax Margin % Chart

Dongguan Rural Commercial Bank Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 49.58 44.87 46.27 47.51 38.67

Dongguan Rural Commercial Bank Co Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.99 54.89 38.66 55.08 19.18

Competitive Comparison of Dongguan Rural Commercial Bank Co's Pretax Margin %

For the Banks - Regional subindustry, Dongguan Rural Commercial Bank 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.


Dongguan Rural Commercial Bank Co's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Dongguan Rural Commercial Bank Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Dongguan Rural Commercial Bank Co's Pretax Margin % falls into.



Dongguan Rural Commercial Bank 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.

Dongguan Rural Commercial Bank 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 )
=5654.548/14621.055
=38.67 %

Dongguan Rural Commercial Bank 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 )
=1281.166/6680.555
=19.18 %

* 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.


Dongguan Rural Commercial Bank Co  (HKSE:09889) 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.


Dongguan Rural Commercial Bank Co Pretax Margin % Related Terms

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Dongguan Rural Commercial Bank Co (HKSE:09889) Business Description

Traded in Other Exchanges
N/A
Address
No.2, Hongfu East Road, Dongcheng District, Guangdong Province, Dongguan, CHN, 523123
Dongguan Rural Commercial Bank Co Ltd is engaged in providing financial services in China. It operates in four segments: Corporate banking, which covers financial products and services to corporate customers, governments, and financial institutions; Personal banking business segment covers financial products and services to individual customers; Treasury segment covers the Group's money market transactions, repurchase transactions, debt instrument investments, wealth management products, and precious metals; and Others.
Executives
Scoperto Limited 2101 Beneficial owner
Lee Kar Lung 2201 Interest of corporation controlled by you
Lion Fund Management Co.,ltd. 2102 Investment manager
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
Nong Yin Guo Ji Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Nong Yin Guo Ji Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Nong Ye Yin Xing Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Jun Xi You Xian Gong Si 2106 Person having a security interest in shares
Yam Tak Cheung 2201 Interest of corporation controlled by you
Fook Man Development Company Limited 2101 Beneficial owner
Dong Guan Shi Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui 2201 Interest of corporation controlled by you
Guo Tai Ji Jin Guan Li You Xian Gong Si
Cai Tong Ji Jin Guan Li You Xian Gong Si 2501 Other
Cai Tong Zheng Quan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Dong Guan Shi Jiao Tong Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you

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