JiaXing Gas Group Co (HKSE:09908) Pretax Margin % : 6.26% (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is JiaXing Gas Group Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. JiaXing Gas Group Co's Pre-Tax Income for the six months ended in Dec. 2023 was HK$119 Mil. JiaXing Gas Group Co's Revenue for the six months ended in Dec. 2023 was HK$1,901 Mil. Therefore, JiaXing Gas Group Co's pretax margin for the quarter that ended in Dec. 2023 was 6.26%.

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

HKSE:09908' s Pretax Margin % Range Over the Past 10 Years
Min: 2.95 Med: 8.82 Max: 9.85
Current: 9.55

HKSE:09908's Pretax Margin % is ranked worse than
52.72% of 514 companies
in the Utilities - Regulated industry
Industry Median: 10.43 vs HKSE:09908: 9.55

JiaXing Gas Group Co Pretax Margin % Historical Data

The historical data trend for JiaXing Gas 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.

* Premium members only.

JiaXing Gas Group Co Pretax Margin % Chart

JiaXing Gas Group Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

Get a 7-Day Free Trial

8.82

9.85

7.51

2.95

9.55

JiaXing Gas Group Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Pretax Margin %	Get a 7-Day Free Trial							6.19	3.49	2.63	14.25	6.26

Competitive Comparison of JiaXing Gas Group Co's Pretax Margin %

For the Utilities - Regulated Gas subindustry, JiaXing Gas 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.

JiaXing Gas Group Co's Pretax Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, JiaXing Gas Group Co's Pretax Margin % distribution charts can be found below:

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

JiaXing Gas 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.

JiaXing Gas 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 )
	=	308.778	/	3233.739
	=	9.55 %

JiaXing Gas 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 )
	=	118.957	/	1901.401
	=	6.26 %

JiaXing Gas Group Co (HKSE:09908) 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.

JiaXing Gas Group Co Pretax Margin % Related Terms

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

JiaXing Gas Group Co (HKSE:09908) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » JiaXing Gas Group Co Ltd (HKSE:09908) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5th Floor, Building 3, Hualong Plaza,No. 32 Qinyi Road, Economic and Technological Development Zone, Zhejiang Province, Jiaxing, CHN

Website

http://www.jxrqgs.com

JiaXing Gas Group Co Ltd is a piped natural gas (PNG) operator in Jiaxing. The company engages in sales of gas, PNG in Jiaxing, LNG and LPG; construction and installation services to construct and install end-user pipeline network and gas facilities; and provision of natural gas transportation services, sales of vapour and construction materials, and leasing of properties. Its customers include residential and non-residential users, property developers and owners or occupants of residential and non-residential properties.

Executives

Xinneng (hong Kong) Energy Investment Limited	2201 Interest of corporation controlled by you
Enn Natural Gas Co., Ltd.	2201 Interest of corporation controlled by you
Zhao Baoju	2201 Interest of corporation controlled by you
Wang Yusuo	2201 Interest of corporation controlled by you
Langfang City Natural Gas Company Limited	2201 Interest of corporation controlled by you
Enn Yingchuang Technology Co., Ltd.	2201 Interest of corporation controlled by you
Enn Investment Holdings Company Limited	2201 Interest of corporation controlled by you
Enn Group International Investment Limited	2201 Interest of corporation controlled by you
Enn Capital Management Co., Ltd.	2201 Interest of corporation controlled by you
Dan Hongying	2202 Interest of your spouse
Liu Zhenjiang	2201 Interest of corporation controlled by you
Xiang Gang Mei Shi Ju Guo Ji Mao Yi You Xian Gong Si	2101 Beneficial owner
Jia Xing Jin Yuan Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Xiang Gang Hong Sheng Mu Ye Mao Yi You Xian Gong Si	2101 Beneficial owner
Shen Xiaohong	2201 Interest of corporation controlled by you

JiaXing Gas Group Co (HKSE:09908) Headlines

No Headlines