Able Engineering Holdings (HKSE:01627) Pretax Margin % : 2.57% (As of Sep. 2023)

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What is Able Engineering Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Able Engineering Holdings's Pre-Tax Income for the six months ended in Sep. 2023 was HK$78 Mil. Able Engineering Holdings's Revenue for the six months ended in Sep. 2023 was HK$3,032 Mil. Therefore, Able Engineering Holdings's pretax margin for the quarter that ended in Sep. 2023 was 2.57%.

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

HKSE:01627' s Pretax Margin % Range Over the Past 10 Years
Min: 2.52 Med: 4.07 Max: 9.64
Current: 3.81

HKSE:01627's Pretax Margin % is ranked worse than
53.91% of 1649 companies
in the Construction industry
Industry Median: 4.47 vs HKSE:01627: 3.81

Able Engineering Holdings Pretax Margin % Historical Data

The historical data trend for Able Engineering 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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Able Engineering Holdings Pretax Margin % Chart

Able Engineering Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Pretax Margin %

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7.14

2.56

3.04

2.80

4.34

Able Engineering Holdings Semi-Annual Data
	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Pretax Margin %	Get a 7-Day Free Trial													1.12	3.74	3.26	5.03	2.57

Competitive Comparison of Able Engineering Holdings's Pretax Margin %

For the Engineering & Construction subindustry, Able Engineering 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.

Able Engineering Holdings's Pretax Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Able Engineering Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Able Engineering Holdings's Pretax Margin % falls into.

Able Engineering 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.

Able Engineering 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 )
	=	220.285	/	5079.222
	=	4.34 %

Able Engineering 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 )
	=	77.907	/	3032.016
	=	2.57 %

Able Engineering Holdings (HKSE:01627) 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.

Able Engineering Holdings Pretax Margin % Related Terms

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Able Engineering Holdings (HKSE:01627) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Able Engineering Holdings Ltd (HKSE:01627) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 155 Waterloo Road, Kowloon Tong, Kowloon, Hong Kong, HKG

Website

https://www.ableeng.com.hk

Able Engineering Holdings Ltd is engaged in building construction and repair, maintenance, alteration, and addition (RMAA) . The company is engaged in the construction and renovation of residential buildings, the design and construction of government facilities, skeleton fabrication, school reconstruction, public rental housing construction, and public housing construction. The company's projects include Project A9 in Kowloon City, project A10 in Tai Lam, project A11 in Ho Man Tin, project A12 in Repulse Bay, and others. Geographically, it derives revenue from Hong Kong.

Executives

Golden Lux Holdings Limited	2101 Beneficial owner
Golden More Limited	2201 Interest of corporation controlled by you
Cheng Wai Chun	2202 Interest of your spouse
Ngai Chun Hung	2201 Interest of corporation controlled by you
Fame Yield International Limited	2201 Interest of corporation controlled by you

Able Engineering Holdings (HKSE:01627) Headlines

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