GEM Co (XSWX:GEM) Pre-Tax Income: $345 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:GEM GEM Co Ltd XSWX:GEM
84 GF Score
Price $12.00
GF Value $16.21
! 8 Warning Signs
View Full Analysis

What is GEM Co Pre-Tax Income?

GEM Co XSWX:GEM 84 Pre-Tax Income is $345 Mil as of Jun. 2026. GuruFocus rates XSWX:GEM with a GF Score™ of 84/100 and a GF Value™ of $16.21. The stock has 8 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. GEM Co's pretax income for the three months ended in Jun. 2026 was $77 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was $345 Mil. GEM Co's pretax margin was 6.52%.

During the past 13 years, GEM Co's highest Pretax Margin was 7.40%. The lowest was 4.29%. And the median was 5.34%.


GEM Co  (XSWX:GEM) Pre-Tax Income Explanation

GEM Co's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=76.734558682493/1176.0476775368
=6.52%

During the past 13 years, GEM Co's highest Pretax Margin was 7.40%. The lowest was 4.29%. And the median was 5.34%.

* 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.


GEM Co Pre-Tax Income Related Terms


GEM Co Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for GEM Co's Pre-Tax Income 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.

GEM Co Pre-Tax Income Chart

GEM Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 171.26 226.53 199.36 229.85 279.69

GEM Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Pre-Tax Income 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 31.36 67.83 86.34 108.33 76.73

XSWX:GEM vs WM, RSG, WCN: Pre-Tax Income Comparison

For the Waste Management subindustry, GEM Co's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


GEM Co Pre-Tax Income vs Waste Management Industry

For the Waste Management industry and Industrials sector, GEM Co's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where GEM Co's Pre-Tax Income falls into.


XSWX:GEM
84GF Score
GEM Co Ltd XSWX:GEM
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GEM Co Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

GEM Co's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=402.91779934501++-128.09616636899+8.1751703257562+-3.3099674167362
=280

GEM Co's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=2.9943091333786++-28.103600914963+87.48170411361+14.362146350467
=77

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $345 Mil.

* 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.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $345 Mil mean?
GEM Co (XSWX:GEM) has a Pre-Tax Income of $345 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on GEM Co and its competitors.
Is GEM Co's Pre-Tax Income too high?
GEM Co's current Pre-Tax Income is $345 Mil. Overall, GEM Co has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does GEM Co's Pre-Tax Income compare to WM and RSG?
GEM Co's Pre-Tax Income of $345 Mil can be compared against companies in the Waste Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Waste Management company?
A good Pre-Tax Income depends on the Waste Management industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on GEM Co and its competitors. GEM Co's current Pre-Tax Income is $345 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GEM Co stock overvalued right now?
GEM Co (XSWX:GEM) has a current Pre-Tax Income of $345 Mil. The stock's GF Value™ is $16.21, compared to a current price of $12.00 — trading 26% below its estimated fair value. The current Pre-Tax Income is $345 Mil. GEM Co's overall GF Score™ is 84/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For GEM Co (XSWX:GEM), the current Pre-Tax Income is $345 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is GEM Co (XSWX:GEM) Overvalued in 2026?

Based on GuruFocus' analysis, GEM Co stock appears to be undervalued. The current stock price of $12.00 is trading 26% below its estimated GF Value™ of $16.21.

Key valuation signals for XSWX:GEM:

  • Pre-Tax Income: $345 Mil
  • GF Value™: $16.21 vs. price of $12.00 (26% below fair value)
  • GF Score™: 84/100 with 8 warning signs

No single metric tells the full story. See the XSWX:GEM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GEM Co Business Description

Other Exchanges 002340:China
Address South of Xinghua Road, 20th Floor, Block A, Rongchao Binhai Building, Baoan Center Area, Baoan District, Shenzhen, CHN, 518101
GEM Co Ltd is engaged in Waste battery recycling and power battery material manufacturing business, cobalt, nickel, and tungsten recycling and cemented carbide manufacturing business, renewable resources business, and environmental management business.
84GF Score

Get the complete analysis for XSWX:GEM

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.00
Price
$16.21
GF Value