GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » JR Global REIT (XKRX:348950) » Definitions » Pretax Margin %

JR Global REIT (XKRX:348950) Pretax Margin % : 41.44% (As of Mar. 2024)


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

What is JR Global REIT Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. JR Global REIT's Pre-Tax Income for the six months ended in Mar. 2024 was ₩12,534 Mil. JR Global REIT's Revenue for the six months ended in Mar. 2024 was ₩30,245 Mil. Therefore, JR Global REIT's pretax margin for the quarter that ended in Mar. 2024 was 41.44%.

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

XKRX:348950' s Pretax Margin % Range Over the Past 10 Years
Min: 27.79   Med: 33.93   Max: 47.52
Current: 39


XKRX:348950's Pretax Margin % is ranked better than
54.44% of 788 companies
in the REITs industry
Industry Median: 33.16 vs XKRX:348950: 39.00

JR Global REIT Pretax Margin % Historical Data

The historical data trend for JR Global REIT'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.

JR Global REIT Pretax Margin % Chart

JR Global REIT Annual Data
Trend Jan20 Jun21 Jun22 Jun23
Pretax Margin %
- 33.93 27.79 47.52

JR Global REIT Semi-Annual Data
Apr20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Pretax Margin % Get a 7-Day Free Trial 24.37 35.36 49.98 36.50 41.44

Competitive Comparison of JR Global REIT's Pretax Margin %

For the REIT - Diversified subindustry, JR Global REIT'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.


JR Global REIT's Pretax Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, JR Global REIT's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where JR Global REIT's Pretax Margin % falls into.



JR Global REIT 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.

JR Global REIT's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=27208.852/57258.989
=47.52 %

JR Global REIT'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 )
=12534.342/30245.399
=41.44 %

* 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.


JR Global REIT  (XKRX:348950) 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.


JR Global REIT Pretax Margin % Related Terms

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


JR Global REIT (XKRX:348950) Business Description

Traded in Other Exchanges
N/A
Address
Eulji-ro 100, Jung-gu, Eulji-ro 2-ga, Pine Avenue B-dong, 21st Floor, Seoul, KOR, 05729
JR Global REIT operates as a real estate investment trust. The company's portfolio consists of retail, hotel, hospital, residence, and office among others.

JR Global REIT (XKRX:348950) Headlines

No Headlines