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Pintec Technology Holdings (Pintec Technology Holdings) Pretax Margin % : -34.43% (As of Jun. 2023)


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What is Pintec Technology Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Pintec Technology Holdings's Pre-Tax Income for the six months ended in Jun. 2023 was $-1.69 Mil. Pintec Technology Holdings's Revenue for the six months ended in Jun. 2023 was $4.90 Mil. Therefore, Pintec Technology Holdings's pretax margin for the quarter that ended in Jun. 2023 was -34.43%.

The historical rank and industry rank for Pintec Technology Holdings's Pretax Margin % or its related term are showing as below:

PT' s Pretax Margin % Range Over the Past 10 Years
Min: -365.07   Med: -65.28   Max: 0.49
Current: -121.33


PT's Pretax Margin % is ranked worse than
92.72% of 522 companies
in the Credit Services industry
Industry Median: 20.705 vs PT: -121.33

Pintec Technology Holdings Pretax Margin % Historical Data

The historical data trend for Pintec Technology Holdings'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.

Pintec Technology Holdings Pretax Margin % Chart

Pintec Technology Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pretax Margin %
Get a 7-Day Free Trial 0.49 -70.38 -65.28 -58.85 -260.21

Pintec Technology Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -46.53 -72.67 -306.83 -206.76 -34.43

Competitive Comparison of Pintec Technology Holdings's Pretax Margin %

For the Credit Services subindustry, Pintec Technology Holdings'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.


Pintec Technology Holdings's Pretax Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Pintec Technology Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Pintec Technology Holdings's Pretax Margin % falls into.



Pintec Technology Holdings 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.

Pintec Technology Holdings's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-27.832/10.696
=-260.21 %

Pintec Technology Holdings's Pretax Margin for the quarter that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=-1.687/4.9
=-34.43 %

* 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.


Pintec Technology Holdings  (NAS:PT) 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.


Pintec Technology Holdings Pretax Margin % Related Terms

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Pintec Technology Holdings (Pintec Technology Holdings) Business Description

Traded in Other Exchanges
N/A
Address
No. 109 Yard Tianjizhigu, 3rd Floor, No. 11 Building, Jinghai 3rd Street, BDA, Beijing, CHN, 101111
Pintec Technology Holdings Ltd is a technology platform that provides financial services in China in terms of loan volume facilitated. The company connects business partners and financial partners on its open platform and enables them to provide financial services to end-users. Its products include installment loans, personal loans, wealth management, insurance brokerage, SME loans, and others. The company generates its revenue from technical service fees also by providing financing for these borrowers and earn installment service fees, They earn wealth management services fees and commission on financial products.