Progressive Path Group Holdings (HKSE:01581) Pretax Margin % : 1.02% (As of Sep. 2023)

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What is Progressive Path Group Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Progressive Path Group Holdings's Pre-Tax Income for the six months ended in Sep. 2023 was HK$3.1 Mil. Progressive Path Group Holdings's Revenue for the six months ended in Sep. 2023 was HK$299.2 Mil. Therefore, Progressive Path Group Holdings's pretax margin for the quarter that ended in Sep. 2023 was 1.02%.

The historical rank and industry rank for Progressive Path Group Holdings's Pretax Margin % or its related term are showing as below:

HKSE:01581' s Pretax Margin % Range Over the Past 10 Years
Min: -20.21 Med: 2.28 Max: 21.71
Current: -3.5

HKSE:01581's Pretax Margin % is ranked worse than
81.11% of 1059 companies
in the Business Services industry
Industry Median: 5.45 vs HKSE:01581: -3.50

Progressive Path Group Holdings Pretax Margin % Historical Data

The historical data trend for Progressive Path Group Holdings'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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Progressive Path Group Holdings Pretax Margin % Chart

Progressive Path Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Pretax Margin %

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-20.21

-4.62

0.38

2.46

-4.26

Progressive Path Group Holdings Semi-Annual Data
	Mar14	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														1.98	2.97	0.36	-8.67	1.02

Competitive Comparison of Progressive Path Group Holdings's Pretax Margin %

For the Rental & Leasing Services subindustry, Progressive Path Group Holdings'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.

Progressive Path Group Holdings's Pretax Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Progressive Path Group Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Progressive Path Group Holdings's Pretax Margin % falls into.

Progressive Path Group Holdings 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.

Progressive Path Group Holdings'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 )
	=	-21.783	/	511.016
	=	-4.26 %

Progressive Path Group Holdings'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 )
	=	3.052	/	299.22
	=	1.02 %

Progressive Path Group Holdings (HKSE:01581) 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.

Progressive Path Group Holdings Pretax Margin % Related Terms

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Progressive Path Group Holdings (HKSE:01581) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Progressive Path Group Holdings Ltd (HKSE:01581) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 22 Hoi Wing Road, Unit 1108, 11th Floor, Tuen Mun Central Square, Tuen Mun, New Territories, Hong Kong, HKG

Website

https://www.ppgh.com.hk

Progressive Path Group Holdings Ltd is engaged in construction engineering work and the provision of construction machinery rental services in Hong Kong. Its construction machinery rental services represent the rental of construction machines and construction vehicles to customers, and the provision of machine operators and transportation services as part of its one-stop construction machinery rental services. Its construction works represent the construction projects undertaken, the nature of which are broadly classified as foundation and site formation works, and builder's work and general building works. Its segments are Construction works and Construction Machinery Rental.

Executives

Profit Gold Global Limited	2101 Beneficial owner
Kwok Wai Sheung Melody	2202 Interest of your spouse
Wu Wing Hang	2201 Interest of corporation controlled by you

Progressive Path Group Holdings (HKSE:01581) Headlines

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