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Kangwon Land (XKRX:035250) Pretax Margin % : 31.19% (As of Dec. 2023)


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What is Kangwon Land Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Kangwon Land's Pre-Tax Income for the three months ended in Dec. 2023 was ₩101,470 Mil. Kangwon Land's Revenue for the three months ended in Dec. 2023 was ₩325,362 Mil. Therefore, Kangwon Land's pretax margin for the quarter that ended in Dec. 2023 was 31.19%.

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

XKRX:035250' s Pretax Margin % Range Over the Past 10 Years
Min: -84.52   Med: 32.55   Max: 36.58
Current: 32.93


XKRX:035250's Pretax Margin % is ranked better than
91.99% of 824 companies
in the Travel & Leisure industry
Industry Median: 6.31 vs XKRX:035250: 32.93

Kangwon Land Pretax Margin % Historical Data

The historical data trend for Kangwon Land'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.

Kangwon Land Pretax Margin % Chart

Kangwon Land 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 32.16 -84.52 -1.80 13.21 32.93

Kangwon Land Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 7.80 38.19 36.61 26.15 31.19

Competitive Comparison of Kangwon Land's Pretax Margin %

For the Resorts & Casinos subindustry, Kangwon Land'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.


Kangwon Land's Pretax Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kangwon Land's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Kangwon Land's Pretax Margin % falls into.



Kangwon Land 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.

Kangwon Land'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 )
=457241.381/1388572.378
=32.93 %

Kangwon Land'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 )
=101470.236/325362.37
=31.19 %

* 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.


Kangwon Land  (XKRX:035250) 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.


Kangwon Land Pretax Margin % Related Terms

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Kangwon Land (XKRX:035250) Business Description

Traded in Other Exchanges
N/A
Address
265 High1-Gil Sabuk-Eup, Jeongsun-Kun, Gangwon, KOR
Kangwon Land Inc is a casino and resort company. The business has six business segments that include Casino, Hotel, Holiday Unit, Golf Course, Skiing Ground, and Other. Kangwon operates numerous resorts and casinos that have table games and slot machines. The company's resorts also have condominium units. The Golf Course segment generates revenue from courses the company has built around its resorts. The Skiing Grounds segment is engaged in skiing tickets and rentals through the company's integrated ski resort. The Other business segment controls interests such as Kangwon's theme park. Kangwon Land generates the vast majority of its revenue in South Korea.

Kangwon Land (XKRX:035250) Headlines

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