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China Gold International Resources (TSX:CGG) Pretax Margin % : -43.62% (As of Mar. 2024)


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What is China Gold International Resources Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. China Gold International Resources's Pre-Tax Income for the three months ended in Mar. 2024 was C$-35.7 Mil. China Gold International Resources's Revenue for the three months ended in Mar. 2024 was C$82.0 Mil. Therefore, China Gold International Resources's pretax margin for the quarter that ended in Mar. 2024 was -43.62%.

The historical rank and industry rank for China Gold International Resources's Pretax Margin % or its related term are showing as below:

TSX:CGG' s Pretax Margin % Range Over the Past 10 Years
Min: -49.42   Med: 8.97   Max: 27.4
Current: -49.42


TSX:CGG's Pretax Margin % is ranked worse than
70.83% of 857 companies
in the Metals & Mining industry
Industry Median: 0.57 vs TSX:CGG: -49.42

China Gold International Resources Pretax Margin % Historical Data

The historical data trend for China Gold International Resources'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.

China Gold International Resources Pretax Margin % Chart

China Gold International Resources 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 -3.78 14.52 27.40 24.91 -4.06

China Gold International Resources 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 34.48 -72.46 -52.05 -28.71 -43.62

Competitive Comparison of China Gold International Resources's Pretax Margin %

For the Other Precious Metals & Mining subindustry, China Gold International Resources'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.


China Gold International Resources's Pretax Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Gold International Resources's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where China Gold International Resources's Pretax Margin % falls into.



China Gold International Resources 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.

China Gold International Resources'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 )
=-25.049/616.377
=-4.06 %

China Gold International Resources'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 )
=-35.749/81.951
=-43.62 %

* 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.


China Gold International Resources  (TSX:CGG) 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.


China Gold International Resources Pretax Margin % Related Terms

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China Gold International Resources (TSX:CGG) Business Description

Traded in Other Exchanges
Address
505 Burrard Street, Suite 660, One Bentall Centre, Vancouver, BC, CAN, V7X 1M4
China Gold International Resources Corp Ltd is a company engaged in the acquisition, exploration, development, and mining of mineral reserves in China. The company primarily operates two mines in China: the CSH Mine which produces gold, and the Jiama Mine which produces gold and copper. While the majority of the company's revenue is derived from gold mining, a significant portion of sales still result from copper production. China National Gold Corporation, a state-owned company registered in Beijing, is a substantial shareholder of China Gold International Resources. The vast majority of the company's gold output is sold to China National Gold Corporation and its subsidiaries.
Executives
China National Gold Group Hong Kong Limited 10% Security Holder

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