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China Yangtze Power Co (FRA:CYZB) Pretax Margin % : 30.42% (As of Mar. 2024)


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What is China Yangtze Power Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. China Yangtze Power Co's Pre-Tax Income for the three months ended in Mar. 2024 was €608 Mil. China Yangtze Power Co's Revenue for the three months ended in Mar. 2024 was €1,998 Mil. Therefore, China Yangtze Power Co's pretax margin for the quarter that ended in Mar. 2024 was 30.42%.

The historical rank and industry rank for China Yangtze Power Co's Pretax Margin % or its related term are showing as below:

FRA:CYZB' s Pretax Margin % Range Over the Past 10 Years
Min: 41.5   Med: 52.94   Max: 58.24
Current: 41.79


FRA:CYZB's Pretax Margin % is ranked better than
87.02% of 416 companies
in the Utilities - Independent Power Producers industry
Industry Median: 11.595 vs FRA:CYZB: 41.79

China Yangtze Power Co Pretax Margin % Historical Data

The historical data trend for China Yangtze Power 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 Yangtze Power Co Pretax Margin % Chart

China Yangtze Power 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 53.39 56.17 58.24 43.22 41.50

China Yangtze Power Co 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 28.74 40.85 54.53 34.39 30.42

Competitive Comparison of China Yangtze Power Co's Pretax Margin %

For the Utilities - Independent Power Producers subindustry, China Yangtze Power 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 Yangtze Power Co's Pretax Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Yangtze Power Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where China Yangtze Power Co's Pretax Margin % falls into.



China Yangtze Power 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 Yangtze Power 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 )
=4162.727/10031.696
=41.50 %

China Yangtze Power Co'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 )
=607.797/1998.143
=30.42 %

* 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 Yangtze Power Co  (FRA:CYZB) 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 Yangtze Power Co Pretax Margin % Related Terms

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China Yangtze Power Co (FRA:CYZB) Business Description

Traded in Other Exchanges
Address
No. 19, Financial Street, Tower B, Focus Place, Xicheng District, Beijing, CHN, 100033
China Yangtze Power Co Ltd business activities include hydroelectric power generation, power distribution and sales, overseas power station's operation, management, consultation services, investment, and financing. It has expanded its business to countries such as Germany, Peru, Brazil, and Malaysia. It has also established its power distribution and sales platforms such as Three Gorges Water Conservancy and Peru LuzdelSur. The company owns the power generation assets of four hydropower plants on the mainstream of the Yangtze River, namely Three Gorges, Gezhouba, Xiluodu, and Xiangjiaba.

China Yangtze Power Co (FRA:CYZB) Headlines

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