Alibaba Health Information Technology (HKSE:00241) Pretax Margin % : 3.71% (As of Sep. 2023)

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What is Alibaba Health Information Technology Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Alibaba Health Information Technology's Pre-Tax Income for the six months ended in Sep. 2023 was HK$516 Mil. Alibaba Health Information Technology's Revenue for the six months ended in Sep. 2023 was HK$13,898 Mil. Therefore, Alibaba Health Information Technology's pretax margin for the quarter that ended in Sep. 2023 was 3.71%.

The historical rank and industry rank for Alibaba Health Information Technology's Pretax Margin % or its related term are showing as below:

HKSE:00241' s Pretax Margin % Range Over the Past 10 Years
Min: -348.3 Med: -2.57 Max: 3.02
Current: 3.02

HKSE:00241's Pretax Margin % is ranked better than
52.15% of 652 companies
in the Healthcare Providers & Services industry
Industry Median: 2.46 vs HKSE:00241: 3.02

Alibaba Health Information Technology Pretax Margin % Historical Data

The historical data trend for Alibaba Health Information Technology'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.

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Alibaba Health Information Technology Pretax Margin % Chart

Alibaba Health Information Technology Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Pretax Margin %

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-1.19

0.09

2.59

-1.23

2.06

Alibaba Health Information Technology Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Pretax Margin %	Get a 7-Day Free Trial															-2.46	-0.20	1.51	2.47	3.71

Competitive Comparison of Alibaba Health Information Technology's Pretax Margin %

For the Pharmaceutical Retailers subindustry, Alibaba Health Information Technology'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.

Alibaba Health Information Technology's Pretax Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Alibaba Health Information Technology's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Alibaba Health Information Technology's Pretax Margin % falls into.

Alibaba Health Information Technology 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.

Alibaba Health Information Technology's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	627.579	/	30482.939
	=	2.06 %

Alibaba Health Information Technology's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	516.262	/	13897.977
	=	3.71 %

Alibaba Health Information Technology (HKSE:00241) 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.

Alibaba Health Information Technology Pretax Margin % Related Terms

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Alibaba Health Information Technology (HKSE:00241) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Alibaba Health Information Technology Ltd (HKSE:00241) » Definitions » Pretax Margin %

Comparable Companies

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Address

Guanghua Road, 65/F, CITIC Tower, Building 1, No.10, Jianwai Subdistrict, Chaoyang District, Beijing, CHN

Website

https://www.alihealth.cn

Alibaba Health is of one of China's leading e-commerce platform specializing in healthcare-related products, including prescription drugs, OTC drugs, traditional Chinese medicine, health foods, and so on. The company operates both a third-party B2C service, or 3P, and its own direct-to-consumer business, or 1P, with its own inventory, which can both be accessed by Alibaba's Tmall app and Alipay. The company also provides online consultation services in a separate app called Yilu or "Dr. Deer", although its e-commerce businesses remain its core competency in the long-term. E-commerce accounted for 97% of revenue in fiscal year 2022. We estimate that AliHealth holds about 45% of market share in the industry in terms of GMV. AliHealth is 63.74% owned by its parent company, Alibaba Group.

Alibaba Health Information Technology (HKSE:00241) Headlines

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