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Time Watch Investments (HKSE:02033) Pretax Margin % : 3.56% (As of Dec. 2023)


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What is Time Watch Investments Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Time Watch Investments's Pre-Tax Income for the six months ended in Dec. 2023 was HK$15.4 Mil. Time Watch Investments's Revenue for the six months ended in Dec. 2023 was HK$432.0 Mil. Therefore, Time Watch Investments's pretax margin for the quarter that ended in Dec. 2023 was 3.56%.

The historical rank and industry rank for Time Watch Investments's Pretax Margin % or its related term are showing as below:

HKSE:02033' s Pretax Margin % Range Over the Past 10 Years
Min: 1.68   Med: 12.84   Max: 19.4
Current: 11.56


HKSE:02033's Pretax Margin % is ranked better than
79.39% of 1043 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.47 vs HKSE:02033: 11.56

Time Watch Investments Pretax Margin % Historical Data

The historical data trend for Time Watch Investments'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.

Time Watch Investments Pretax Margin % Chart

Time Watch Investments Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.55 11.36 19.40 1.68 4.64

Time Watch Investments 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 6.77 -4.46 -10.46 18.26 3.56

Competitive Comparison of Time Watch Investments's Pretax Margin %

For the Footwear & Accessories subindustry, Time Watch Investments'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.


Time Watch Investments's Pretax Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Time Watch Investments's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Time Watch Investments's Pretax Margin % falls into.



Time Watch Investments 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.

Time Watch Investments's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=45.517/981.76
=4.64 %

Time Watch Investments'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 )
=15.36/431.964
=3.56 %

* 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.


Time Watch Investments  (HKSE:02033) 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.


Time Watch Investments Pretax Margin % Related Terms

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Time Watch Investments (HKSE:02033) Business Description

Traded in Other Exchanges
N/A
Address
77 Wing Hong Street, 27th Floor, CEO Tower, Kowloon, Hong Kong, HKG
Time Watch Investments Ltd is an investment holding company that operates as a manufacturer, brand-owner, and retailer of watches in the People's Republic of China (PRC). The company operates through following segments: Tian Wang Watch Business, Watch Movements Trading Business, and Other Brands (PRC) Business. The company generates maximum revenue from the Tian Wang Watch Business that involves manufacturing, the wholesale and retail business of owned brand watches, Tian Wang Watch. Its geographical segments include the PRC, which is the key revenue generator; and the Asia Pacific.

Time Watch Investments (HKSE:02033) Headlines

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