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Joy City Property (HKSE:00207) Pretax Margin % : 20.89% (As of Dec. 2023)


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What is Joy City Property Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Joy City Property's Pre-Tax Income for the six months ended in Dec. 2023 was HK$2,161 Mil. Joy City Property's Revenue for the six months ended in Dec. 2023 was HK$10,347 Mil. Therefore, Joy City Property's pretax margin for the quarter that ended in Dec. 2023 was 20.89%.

The historical rank and industry rank for Joy City Property's Pretax Margin % or its related term are showing as below:

HKSE:00207' s Pretax Margin % Range Over the Past 10 Years
Min: 12.48   Med: 32.93   Max: 56.64
Current: 27.6


HKSE:00207's Pretax Margin % is ranked better than
73.84% of 1789 companies
in the Real Estate industry
Industry Median: 8.68 vs HKSE:00207: 27.60

Joy City Property Pretax Margin % Historical Data

The historical data trend for Joy City Property'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.

Joy City Property Pretax Margin % Chart

Joy City Property 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 42.76 27.68 19.97 12.48 27.60

Joy City Property 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 13.99 30.34 -1.46 44.26 20.89

Competitive Comparison of Joy City Property's Pretax Margin %

For the Real Estate - Diversified subindustry, Joy City Property'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.


Joy City Property's Pretax Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Joy City Property's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Joy City Property's Pretax Margin % falls into.



Joy City Property 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.

Joy City Property'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 )
=4006.527/14516.736
=27.60 %

Joy City Property'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 )
=2160.983/10346.862
=20.89 %

* 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.


Joy City Property  (HKSE:00207) 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.


Joy City Property Pretax Margin % Related Terms

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Joy City Property (HKSE:00207) Business Description

Traded in Other Exchanges
Address
262 Gloucester Road, 33rd Floor, COFCO Tower, Causeway Bay, Hong Kong, HKG
Joy City Property Ltd is a large-scale commercial property developer and operator, working on the development, operation, sales, leasing and management of mixed-use complexes and other commercial properties such as shopping centers, hotels, offices, serviced apartments and resort and tourist properties in China. Rental income accounts for majority of the operating profit. The company's portfolio consists of various retail malls under the flagship brand of Joy City, and some office and hotel assets. Recently, it introduced a second brand called Joy Breeze, consisting of smaller retail assets. The businesses of the Group are divided into four areas, namely investment properties, property development, hotel operations and output management and other services.
Executives
Citigroup Inc. 2502 Approved lending agent
Gic Private Limited 2102 Investment manager
Cofco (hong Kong) Limited 2201 Interest of corporation controlled by you
Cofco Corporation 2201 Interest of corporation controlled by you
Vibrant Oak Limited 2201 Interest of corporation controlled by you
Zhong Liang Di Chan Ji Tuan Gu Fen You Xian Gong Si 2101 Beneficial owner
Achieve Bloom Limited 2101 Beneficial owner

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