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Central Reinsurance (TPE:2851) Pretax Margin % : 20.44% (As of Mar. 2024)


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What is Central Reinsurance Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Central Reinsurance's Pre-Tax Income for the three months ended in Mar. 2024 was NT$1,303 Mil. Central Reinsurance's Revenue for the three months ended in Mar. 2024 was NT$6,378 Mil. Therefore, Central Reinsurance's pretax margin for the quarter that ended in Mar. 2024 was 20.44%.

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

TPE:2851' s Pretax Margin % Range Over the Past 10 Years
Min: 0.11   Med: 9.32   Max: 13.24
Current: 13.24


TPE:2851's Pretax Margin % is ranked better than
60.16% of 487 companies
in the Insurance industry
Industry Median: 10.14 vs TPE:2851: 13.24

Central Reinsurance Pretax Margin % Historical Data

The historical data trend for Central Reinsurance'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.

Central Reinsurance Pretax Margin % Chart

Central Reinsurance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.37 10.13 12.09 0.11 11.35

Central Reinsurance 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 14.06 11.48 8.22 11.80 20.44

Competitive Comparison of Central Reinsurance's Pretax Margin %

For the Insurance - Reinsurance subindustry, Central Reinsurance'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.


Central Reinsurance's Pretax Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Central Reinsurance's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Central Reinsurance's Pretax Margin % falls into.



Central Reinsurance 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.

Central Reinsurance'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 )
=2494.785/21978.208
=11.35 %

Central Reinsurance'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 )
=1303.313/6377.761
=20.44 %

* 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.


Central Reinsurance  (TPE:2851) 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.


Central Reinsurance Pretax Margin % Related Terms

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Central Reinsurance (TPE:2851) Business Description

Traded in Other Exchanges
N/A
Address
Section 2, Nanjing East Road, 12th Floor, No. 53, Zhongshan District, Taipei, TWN, 10457
Central Reinsurance Corp is an insurance company providing a range of property and life inward and outward reinsurance services. Central Reinsurance offers reinsurance protection on non-life insurance businesses, including fire, marine and aviation, casualty, motor, engineering, and residential earthquake insurance; and life insurance business including life, personal accident, and health insurance. The main source of revenue for the company is premiums and commission income.

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