Fortune Real Estate Investment Trust (HKSE:00778) Pretax Margin % : -42.30% (As of Dec. 2023)

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What is Fortune Real Estate Investment Trust Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Fortune Real Estate Investment Trust's Pre-Tax Income for the six months ended in Dec. 2023 was HK$-371 Mil. Fortune Real Estate Investment Trust's Revenue for the six months ended in Dec. 2023 was HK$877 Mil. Therefore, Fortune Real Estate Investment Trust's pretax margin for the quarter that ended in Dec. 2023 was -42.30%.

The historical rank and industry rank for Fortune Real Estate Investment Trust's Pretax Margin % or its related term are showing as below:

HKSE:00778' s Pretax Margin % Range Over the Past 10 Years
Min: -162 Med: 85.37 Max: 320.19
Current: -0.23

HKSE:00778's Pretax Margin % is ranked worse than
72.37% of 789 companies
in the REITs industry
Industry Median: 33.02 vs HKSE:00778: -0.23

Fortune Real Estate Investment Trust Pretax Margin % Historical Data

The historical data trend for Fortune Real Estate Investment Trust'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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Fortune Real Estate Investment Trust Pretax Margin % Chart

Fortune Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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86.52

-162.00

84.21

44.05

-0.23

Fortune Real Estate Investment Trust 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															134.56	55.86	32.63	40.38	-42.30

Competitive Comparison of Fortune Real Estate Investment Trust's Pretax Margin %

For the REIT - Retail subindustry, Fortune Real Estate Investment Trust'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.

Fortune Real Estate Investment Trust's Pretax Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fortune Real Estate Investment Trust's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Fortune Real Estate Investment Trust's Pretax Margin % falls into.

Fortune Real Estate Investment Trust 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.

Fortune Real Estate Investment Trust'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 )
	=	-4.155	/	1785.894
	=	-0.23 %

Fortune Real Estate Investment Trust'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 )
	=	-371.076	/	877.206
	=	-42.30 %

Fortune Real Estate Investment Trust (HKSE:00778) 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.

Fortune Real Estate Investment Trust Pretax Margin % Related Terms

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Fortune Real Estate Investment Trust (HKSE:00778) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fortune Real Estate Investment Trust (HKSE:00778) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

FRIVF:USA

Address

5 Temasek Boulevard, No. 12-01, Suntec Tower 5, Singapore, SGP, 038985

Website

https://www.fortunereit.com

Fortune Real Estate Investment Trust is a real estate company that invests in retail shopping malls located in Hong Kong and Singapore with the primary objective of producing stable distributions for unitholders and achieving long-term growth in the net asset value per unit. The trust generates the majority of its revenue from rents and leases, with the remaining revenue from utility charges, management fees, car park revenue, license fees, and other sources. Fortune REIT's tenants include supermarkets, banking, and real estate services companies, restaurants, convenience stores, and general retailers.

Executives

Ck Asset Holdings Limited
Li Ka-shing

Fortune Real Estate Investment Trust (HKSE:00778) Headlines

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