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Jinshang Bank Co (HKSE:02558) Pretax Margin % : 35.30% (As of Dec. 2023)


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What is Jinshang Bank Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Jinshang Bank Co's Pre-Tax Income for the six months ended in Dec. 2023 was HK$1,086 Mil. Jinshang Bank Co's Revenue for the six months ended in Dec. 2023 was HK$3,076 Mil. Therefore, Jinshang Bank Co's pretax margin for the quarter that ended in Dec. 2023 was 35.30%.

The historical rank and industry rank for Jinshang Bank Co's Pretax Margin % or its related term are showing as below:

HKSE:02558' s Pretax Margin % Range Over the Past 10 Years
Min: 31.55   Med: 34.27   Max: 38.18
Current: 38.18


HKSE:02558's Pretax Margin % is ranked better than
62.33% of 1460 companies
in the Banks industry
Industry Median: 32.765 vs HKSE:02558: 38.18

Jinshang Bank Co Pretax Margin % Historical Data

The historical data trend for Jinshang Bank Co'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.

Jinshang Bank Co Pretax Margin % Chart

Jinshang Bank Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 35.31 33.88 32.39 37.89 38.18

Jinshang Bank Co Semi-Annual Data
Dec16 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 27.87 41.81 34.33 41.41 35.30

Competitive Comparison of Jinshang Bank Co's Pretax Margin %

For the Banks - Regional subindustry, Jinshang Bank Co'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.


Jinshang Bank Co's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Jinshang Bank Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Jinshang Bank Co's Pretax Margin % falls into.



Jinshang Bank Co 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.

Jinshang Bank Co'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 )
=2224.626/5826.092
=38.18 %

Jinshang Bank Co'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 )
=1085.982/3076.368
=35.30 %

* 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.


Jinshang Bank Co  (HKSE:02558) 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.


Jinshang Bank Co Pretax Margin % Related Terms

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Jinshang Bank Co (HKSE:02558) Business Description

Traded in Other Exchanges
N/A
Address
No. 59 Changfeng Street, Xiaodian District, Shanxi Province, Taiyuan, CHN, 030000
Jinshang Bank Co Ltd operates as a commercial bank. It offers deposits, loans, credit card, and other banking services. The bank's operating segments are Corporate banking, Retail banking, Treasury business, and others segment. It generates a majority of its revenue from the corporate banking segment which is engaged in the provision of a range of financial products and services to corporations, government agencies, and financial institutions. These products and services include corporate loans and advances, trade financing, deposit-taking activities, agency services, wealth management services, consulting and advisory services, remittance and settlement services and guarantee services among others.

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