Yixin Group (HKSE:02858) Pretax Margin % : 11.19% (As of Dec. 2023)

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What is Yixin Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Yixin Group's Pre-Tax Income for the six months ended in Dec. 2023 was HK$470 Mil. Yixin Group's Revenue for the six months ended in Dec. 2023 was HK$4,202 Mil. Therefore, Yixin Group's pretax margin for the quarter that ended in Dec. 2023 was 11.19%.

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

HKSE:02858' s Pretax Margin % Range Over the Past 10 Years
Min: -467.81 Med: -0.32 Max: 10.6
Current: 10.6

HKSE:02858's Pretax Margin % is ranked worse than
62.86% of 517 companies
in the Credit Services industry
Industry Median: 19.8 vs HKSE:02858: 10.60

Yixin Group Pretax Margin % Historical Data

The historical data trend for Yixin Group'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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Yixin Group Pretax Margin % Chart

Yixin Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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1.31

-45.05

2.39

7.80

10.60

Yixin Group Semi-Annual Data
	Dec14	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													9.42	6.00	9.39	9.80	11.19

Competitive Comparison of Yixin Group's Pretax Margin %

For the Credit Services subindustry, Yixin Group'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.

Yixin Group's Pretax Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Yixin Group's Pretax Margin % distribution charts can be found below:

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

Yixin Group 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.

Yixin Group'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 )
	=	775.297	/	7312.974
	=	10.60 %

Yixin Group'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 )
	=	470.288	/	4202.059
	=	11.19 %

Yixin Group (HKSE:02858) 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.

Yixin Group Pretax Margin % Related Terms

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Yixin Group (HKSE:02858) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Yixin Group Ltd (HKSE:02858) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

1YX:Germany

Address

No. 365 Linhong Road, 1 North, Zhongguancun Hongqiao Innovation Center, Changning District, Shanghai, CHN

Website

http://www.yixincars.com

Yixin Group Ltd is an online automobile retail transaction platform in China. The company operates in two segments namely Transaction platform services and Self-operated financing business. The transaction platform segment is comprised of facilitation and value-added services, and advertising and subscription services. Self-operated financing segment comprises financing lease services and operating lease services. The company generates a majority of its revenue from the Self-operated financing business.

Executives

Zhang Xuan	2101 Beneficial owner
Jd.com Investment Limited	2201 Interest of corporation controlled by you
Jd.com, Inc.	2201 Interest of corporation controlled by you
Liu Qiangdong Richard	2305 Beneficiary of a trust
Max Smart Limited	2201 Interest of corporation controlled by you
Jd Financial Investment Limited	2101 Beneficial owner
Ubs Trustees (b.v.i.) Limited	2301 Trustee
Tsang Ling Kay Rodney	2501 Other
Tencent Holdings Limited	2201 Interest of corporation controlled by you
Hammer Capital Opportunities Fund L.p.	2201 Interest of corporation controlled by you
Cheung Siu Fai	2201 Interest of corporation controlled by you
Cheng Chi Kong	2201 Interest of corporation controlled by you
Woodbury Capital Management Limited	2201 Interest of corporation controlled by you
Silver Oryx Limited	2201 Interest of corporation controlled by you
Hammer Capital Partners Ltd.	2201 Interest of corporation controlled by you

Yixin Group (HKSE:02858) Headlines

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