GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Magnificent Hotel Investments Ltd (HKSE:00201) » Definitions » Pretax Margin %

Magnificent Hotel Investments (HKSE:00201) Pretax Margin % : 17.27% (As of Dec. 2023)


View and export this data going back to 1972. Start your Free Trial

What is Magnificent Hotel Investments Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Magnificent Hotel Investments's Pre-Tax Income for the six months ended in Dec. 2023 was HK$47.3 Mil. Magnificent Hotel Investments's Revenue for the six months ended in Dec. 2023 was HK$273.9 Mil. Therefore, Magnificent Hotel Investments's pretax margin for the quarter that ended in Dec. 2023 was 17.27%.

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

HKSE:00201' s Pretax Margin % Range Over the Past 10 Years
Min: -91.28   Med: 29.16   Max: 155.53
Current: 6.41


HKSE:00201's Pretax Margin % is ranked better than
50% of 824 companies
in the Travel & Leisure industry
Industry Median: 6.4 vs HKSE:00201: 6.41

Magnificent Hotel Investments Pretax Margin % Historical Data

The historical data trend for Magnificent Hotel Investments'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.

Magnificent Hotel Investments Pretax Margin % Chart

Magnificent Hotel Investments 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 10.79 -91.28 22.63 140.24 6.41

Magnificent Hotel Investments Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 33.08 46.68 297.27 -10.31 17.27

Competitive Comparison of Magnificent Hotel Investments's Pretax Margin %

For the Lodging subindustry, Magnificent Hotel Investments'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.


Magnificent Hotel Investments's Pretax Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Magnificent Hotel Investments's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Magnificent Hotel Investments's Pretax Margin % falls into.



Magnificent Hotel Investments 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.

Magnificent Hotel Investments'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 )
=28.954/451.811
=6.41 %

Magnificent Hotel Investments'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 )
=47.301/273.858
=17.27 %

* 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.


Magnificent Hotel Investments  (HKSE:00201) 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.


Magnificent Hotel Investments Pretax Margin % Related Terms

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


Magnificent Hotel Investments (HKSE:00201) Business Description

Traded in Other Exchanges
N/A
Address
24-30 Ice House Street, 3rd Floor, Shun Ho Tower, Central, Hong Kong, HKG
Magnificent Hotel Investments Ltd is an investment holding company. The firm manages its business into three segments, namely Hospitality services, Property investment, and Securities investment. It operates the Ramada Hotel, Best Western Plus Hotel, Best Western Hotel, Magnificent International Hotel, Best Western Causeway Bay, and Grand City Hotel. It derives the majority of its revenue from the Hospitality services segment. Its geographical segments are Hong Kong, China, and the United States.

Magnificent Hotel Investments (HKSE:00201) Headlines

No Headlines