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Bank Of Chongqing Co (SHSE:601963) Pretax Margin % : 56.83% (As of Mar. 2024)


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What is Bank Of Chongqing Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Bank Of Chongqing Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥1,873 Mil. Bank Of Chongqing Co's Revenue for the three months ended in Mar. 2024 was ¥3,296 Mil. Therefore, Bank Of Chongqing Co's pretax margin for the quarter that ended in Mar. 2024 was 56.83%.

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

SHSE:601963' s Pretax Margin % Range Over the Past 10 Years
Min: 43.8   Med: 47.95   Max: 50.66
Current: 49.75


SHSE:601963's Pretax Margin % is ranked better than
82.01% of 1462 companies
in the Banks industry
Industry Median: 32.775 vs SHSE:601963: 49.75

Bank Of Chongqing Co Pretax Margin % Historical Data

The historical data trend for Bank Of Chongqing 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.

Bank Of Chongqing Co Pretax Margin % Chart

Bank Of Chongqing 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 47.07 44.59 43.80 47.38 50.11

Bank Of Chongqing Co Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 57.90 49.31 143.84 21.51 56.83

Competitive Comparison of Bank Of Chongqing Co's Pretax Margin %

For the Banks - Regional subindustry, Bank Of Chongqing 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.


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

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

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



Bank Of Chongqing 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.

Bank Of Chongqing 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 )
=6087.642/12149.335
=50.11 %

Bank Of Chongqing 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 )
=1872.966/3295.587
=56.83 %

* 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.


Bank Of Chongqing Co  (SHSE:601963) 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.


Bank Of Chongqing Co Pretax Margin % Related Terms

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Bank Of Chongqing Co (SHSE:601963) Business Description

Traded in Other Exchanges
Address
348 Kwun Tong Road, 5/F, Manulife Place, Kowloon, HKG
Bank Of Chongqing Co Ltd is a China-based company that is engaged in banking. The company's core businesses consist of the corporate banking business, which provides corporate customers with financial products and services such as deposits and loans; the retailing banking business, which provides individual customers with financial products and services; and the treasury business, which is involved in interbank lending and borrowing, bond investment, repurchasing, and foreign currency transactions. The company generates over half of total revenue from the corporate banking business. The company's business is concentrated in Chongqing, and the firm also conducts business through branches in Chengdu, Guiyang, and Xi'an.
Executives
Peng Yan Xi senior management
Sui Jun senior management
Lin Jun Director
Zhou Guo Hua senior management
Liu Jian Hua Directors, senior managers
Yang Shi Yin senior management
Ran Hai Ling Director
Huang Hua Sheng Director
Zhong Xian Director
Ran Hai Ling Director
Sui Jun Director
Liu Jian Hua Director
Peng Yan Xi Director
Lin Jun Director
Zhou Guo Hua Director

Bank Of Chongqing Co (SHSE:601963) Headlines

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