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Vietnam Prosperity JSC Bank (STC:VPB) Pretax Margin % : 31.23% (As of Mar. 2024)


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What is Vietnam Prosperity JSC Bank Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Vietnam Prosperity JSC Bank's Pre-Tax Income for the three months ended in Mar. 2024 was ₫4,181,852 Mil. Vietnam Prosperity JSC Bank's Revenue for the three months ended in Mar. 2024 was ₫13,388,926 Mil. Therefore, Vietnam Prosperity JSC Bank's pretax margin for the quarter that ended in Mar. 2024 was 31.23%.

The historical rank and industry rank for Vietnam Prosperity JSC Bank's Pretax Margin % or its related term are showing as below:

STC:VPB' s Pretax Margin % Range Over the Past 10 Years
Min: 21.56   Med: 31.5   Max: 36.49
Current: 23.75


STC:VPB's Pretax Margin % is ranked worse than
71.7% of 1456 companies
in the Banks industry
Industry Median: 32.88 vs STC:VPB: 23.75

Vietnam Prosperity JSC Bank Pretax Margin % Historical Data

The historical data trend for Vietnam Prosperity JSC Bank'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.

Vietnam Prosperity JSC Bank Pretax Margin % Chart

Vietnam Prosperity JSC Bank Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 29.03 33.06 31.50 36.49 21.56

Vietnam Prosperity JSC Bank 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 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 20.51 19.53 25.84 18.65 31.23

Competitive Comparison of Vietnam Prosperity JSC Bank's Pretax Margin %

For the Banks - Regional subindustry, Vietnam Prosperity JSC Bank'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.


Vietnam Prosperity JSC Bank's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Vietnam Prosperity JSC Bank's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Vietnam Prosperity JSC Bank's Pretax Margin % falls into.



Vietnam Prosperity JSC Bank 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.

Vietnam Prosperity JSC Bank'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 )
=10803896/50107389
=21.56 %

Vietnam Prosperity JSC Bank'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 )
=4181852/13388926
=31.23 %

* 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.


Vietnam Prosperity JSC Bank  (STC:VPB) 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.


Vietnam Prosperity JSC Bank Pretax Margin % Related Terms

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Vietnam Prosperity JSC Bank (STC:VPB) Business Description

Traded in Other Exchanges
N/A
Address
No. 89 Lang Ha Street, Lang Ha Ward, Dong Da District, Hanoi, VNM
Vietnam Prosperity JSC Bank is engaged in offering banking services in Vietnam. The firm offers personal services, cards, e-banking services, insurance, and other financial services for household and small and medium enterprises. Its segment includes Banking; Finance company and Asset and liabilities management. The company generates maximum revenue from the Banking segment.

Vietnam Prosperity JSC Bank (STC:VPB) Headlines

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