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China Pacific Insurance (Group) Co (China Pacific Insurance (Group) Co) Pretax Margin % : 4.84% (As of Dec. 2023)


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What is China Pacific Insurance (Group) Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. China Pacific Insurance (Group) Co's Pre-Tax Income for the three months ended in Dec. 2023 was $463 Mil. China Pacific Insurance (Group) Co's Revenue for the three months ended in Dec. 2023 was $9,568 Mil. Therefore, China Pacific Insurance (Group) Co's pretax margin for the quarter that ended in Dec. 2023 was 4.84%.

The historical rank and industry rank for China Pacific Insurance (Group) Co's Pretax Margin % or its related term are showing as below:

CHPXF' s Pretax Margin % Range Over the Past 10 Years
Min: 6.02   Med: 7.13   Max: 12.81
Current: 9.87


CHPXF's Pretax Margin % is ranked better than
50% of 486 companies
in the Insurance industry
Industry Median: 9.835 vs CHPXF: 9.87

China Pacific Insurance (Group) Co Pretax Margin % Historical Data

The historical data trend for China Pacific Insurance (Group) Co'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 Pacific Insurance (Group) Co Pretax Margin % Chart

China Pacific Insurance (Group) Co 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 7.26 6.93 7.00 12.81 9.87

China Pacific Insurance (Group) Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 7.98 15.87 9.91 7.10 4.84

Competitive Comparison of China Pacific Insurance (Group) Co's Pretax Margin %

For the Insurance - Life subindustry, China Pacific Insurance (Group) Co'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 Pacific Insurance (Group) Co's Pretax Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, China Pacific Insurance (Group) Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where China Pacific Insurance (Group) Co's Pretax Margin % falls into.



China Pacific Insurance (Group) Co 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 Pacific Insurance (Group) Co'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 )
=4481.807/45420.016
=9.87 %

China Pacific Insurance (Group) Co's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=463.012/9567.939
=4.84 %

* 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 Pacific Insurance (Group) Co  (OTCPK:CHPXF) 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 Pacific Insurance (Group) Co Pretax Margin % Related Terms

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China Pacific Insurance (Group) Co (China Pacific Insurance (Group) Co) Business Description

Traded in Other Exchanges
Address
1 South Zhongshan Road, Huangpu, Shanghai, CHN, 200010
China Pacific Insurance was established in 1988, with headquarter in Beijing. The company is one of the largest providers of life and general insurance products and services. It is China's third-largest life insurer and third-largest general property and casualty insurer. The company strives for an integrated financial services platform that consists of insurance, banking, and asset management.