GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Renewable Energy Investment Ltd (HKSE:00987) » Definitions » Pretax Margin %

China Renewable Energy Investment (HKSE:00987) Pretax Margin % : -24.89% (As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is China Renewable Energy Investment Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. China Renewable Energy Investment's Pre-Tax Income for the six months ended in Dec. 2023 was HK$-20.8 Mil. China Renewable Energy Investment's Revenue for the six months ended in Dec. 2023 was HK$83.5 Mil. Therefore, China Renewable Energy Investment's pretax margin for the quarter that ended in Dec. 2023 was -24.89%.

The historical rank and industry rank for China Renewable Energy Investment's Pretax Margin % or its related term are showing as below:

HKSE:00987' s Pretax Margin % Range Over the Past 10 Years
Min: 12.72   Med: 41.58   Max: 53.53
Current: 12.72


HKSE:00987's Pretax Margin % is ranked better than
52.17% of 414 companies
in the Utilities - Independent Power Producers industry
Industry Median: 11.835 vs HKSE:00987: 12.72

China Renewable Energy Investment Pretax Margin % Historical Data

The historical data trend for China Renewable Energy Investment'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 Renewable Energy Investment Pretax Margin % Chart

China Renewable Energy Investment 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 36.42 46.73 50.20 18.84 12.72

China Renewable Energy Investment 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 26.09 34.46 -0.22 44.84 -24.89

Competitive Comparison of China Renewable Energy Investment's Pretax Margin %

For the Utilities - Renewable subindustry, China Renewable Energy Investment'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 Renewable Energy Investment's Pretax Margin % Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where China Renewable Energy Investment's Pretax Margin % falls into.



China Renewable Energy Investment 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 Renewable Energy Investment'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 )
=23.067/181.337
=12.72 %

China Renewable Energy Investment'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 )
=-20.791/83.517
=-24.89 %

* 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.


China Renewable Energy Investment  (HKSE:00987) 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 Renewable Energy Investment Pretax Margin % Related Terms

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


China Renewable Energy Investment (HKSE:00987) Business Description

Traded in Other Exchanges
N/A
Address
75 Mody Road, 9th Floor, Tower 1, South Seas Centre, Tsimshatsui East, Kowloon, Hong Kong, HKG
China Renewable Energy Investment Ltd is an investment holding company. The principal activity of the group is the renewable energy business. It conducts a majority of its business operations in the People's Republic of China. The company's sales of electricity were all generated by the wind power plants and a distributed solar project of the group. Some of its projects are Danjinghe, Nanxun, Mudanjiang, and Songxian, among others.
Executives
Claudio Holdings Limited 2201 Interest of corporation controlled by you
Hkc (holdings) Limited 2201 Interest of corporation controlled by you
Oei Kang, Eric 2201 Interest of corporation controlled by you
Oei Valonia Lau 2202 Interest of your spouse
Genesis Capital Group Limited 2101 Beneficial owner
Creator Holdings Limited 2101 Beneficial owner

China Renewable Energy Investment (HKSE:00987) Headlines

No Headlines