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Chongqing Department Store Co (SHSE:600729) Pretax Margin % : 10.09% (As of Mar. 2024)


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What is Chongqing Department Store Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Chongqing Department Store Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥489 Mil. Chongqing Department Store Co's Revenue for the three months ended in Mar. 2024 was ¥4,850 Mil. Therefore, Chongqing Department Store Co's pretax margin for the quarter that ended in Mar. 2024 was 10.09%.

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

SHSE:600729' s Pretax Margin % Range Over the Past 10 Years
Min: 1.22   Med: 3.2   Max: 7.59
Current: 7.21


SHSE:600729's Pretax Margin % is ranked better than
71.08% of 1110 companies
in the Retail - Cyclical industry
Industry Median: 2.995 vs SHSE:600729: 7.21

Chongqing Department Store Co Pretax Margin % Historical Data

The historical data trend for Chongqing Department Store 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.

Chongqing Department Store Co Pretax Margin % Chart

Chongqing Department Store Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.41 5.89 5.22 5.46 7.59

Chongqing Department Store Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.40 8.50 5.41 4.30 10.09

Competitive Comparison of Chongqing Department Store Co's Pretax Margin %

For the Department Stores subindustry, Chongqing Department Store 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.


Chongqing Department Store Co's Pretax Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Chongqing Department Store Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Chongqing Department Store Co's Pretax Margin % falls into.



Chongqing Department Store 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.

Chongqing Department Store 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 )
=1441.771/18985.14
=7.59 %

Chongqing Department Store Co's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=489.207/4850.121
=10.09 %

* 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.


Chongqing Department Store Co  (SHSE:600729) 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.


Chongqing Department Store Co Pretax Margin % Related Terms

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Chongqing Department Store Co (SHSE:600729) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Minquan Road, Yuzhong District, Chongqing, Chongqing, CHN, 400010
Chongqing Department Store Co Ltd is engaged in operating departmental stores and supermarkets in China.
Executives
Qiao Hong Bing senior management
Wang Yue Supervisors
Wang Jin Lu senior management
Wang Huan senior management
Chen Guo senior management
He Qian Director

Chongqing Department Store Co (SHSE:600729) Headlines

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