CIIHF (CITIC Securities Co) Pretax Margin %: 57.75% (As of Mar. 2026) — 40% Above Median


CIIHF CITIC Securities Co Ltd CIIHF
68 GF Score
Price $3.50
GF Value $3.93
! 2 Warning Signs
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What is CITIC Securities Co Pretax Margin %?

CITIC Securities Co CIIHF 68 Pretax Margin % is 57.75% as of Mar. 2026, which is 40% above its 10-year median of 41.17. GuruFocus rates CIIHF with a GF Score™ of 68/100 and a GF Value™ of $3.93. The stock has 2 warning signs investors should review. Among 774 Capital Markets companies, CITIC Securities Co ranks better than 80.88% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. CITIC Securities Co's Pre-Tax Income for the three months ended in Mar. 2026 was $1,919 Mil. CITIC Securities Co's Revenue for the three months ended in Mar. 2026 was $3,323 Mil. Therefore, CITIC Securities Co's pretax margin for the quarter that ended in Mar. 2026 was 57.75%.

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

CIIHF' s Pretax Margin % Range Over the Past 10 Years
Min: 34.16   Med: 41.17   Max: 55.22
Current: 55.22


CIIHF's Pretax Margin % is ranked better than
80.88% of 774 companies
in the Capital Markets industry
Industry Median: 20.32 vs CIIHF: 55.22

CITIC Securities Co  (OTCPK:CIIHF) 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.


CITIC Securities Co Pretax Margin % Related Terms


CITIC Securities Co Pretax Margin % Historical Data

* Premium members only.

The historical data trend for CITIC Securities 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.

CITIC Securities Co Pretax Margin % Chart

CITIC Securities Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.19 44.93 44.06 48.99 53.57

CITIC Securities Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 51.26 57.24 55.83 49.71 57.75

CIIHF vs MS, GS, SCHW: Pretax Margin % Comparison

For the Capital Markets subindustry, CITIC Securities 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.


CITIC Securities Co Pretax Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CITIC Securities Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where CITIC Securities Co's Pretax Margin % falls into.


CIIHF
68GF Score
CITIC Securities Co Ltd CIIHF
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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CITIC Securities 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.

CITIC Securities Co's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=5654.092/10555.109
=53.57 %

CITIC Securities Co's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1919.17/3323.395
=57.75 %

* 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 Pretax Margin % →
What does a Pretax Margin % of 57.75% mean?
CITIC Securities Co (CIIHF) has a Pretax Margin % of 57.75% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on CITIC Securities Co and its competitors. This is 40% above median its historical median of 41.17. Over the past decade, CITIC Securities Co's Pretax Margin % has ranged from 34.16 to 55.22. According to the industry distribution chart, CITIC Securities Co ranks #148 out of 774 companies in the Capital Markets industry, placing it in the top 19.1%.
Is CITIC Securities Co's Pretax Margin % too high?
CITIC Securities Co's current Pretax Margin % of 57.75% is 40% above median its 10-year median of 41.17. Over the past 10 years, this metric has ranged from a low of 34.16 to a high of 55.22. The Capital Markets industry median Pretax Margin % is 20.32. CITIC Securities Co's value of 57.75% is 184.2% above this industry median. Based on the distribution chart, CITIC Securities Co ranks #148 out of 774 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, CITIC Securities Co has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does CITIC Securities Co's Pretax Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, CITIC Securities Co ranks #148 out of 774 companies for Pretax Margin %. This places CITIC Securities Co in the top 19% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 20.32. CITIC Securities Co's value of 57.75% is 184.2% above this benchmark. Historically, CITIC Securities Co's own Pretax Margin % has ranged from 34.16 to 55.22 over the past decade. While the company's 10-year median is 41.17 vs. the industry median of 20.32, CITIC Securities Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Capital Markets company?
The median Pretax Margin % among Capital Markets companies is 20.32, based on 774 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CITIC Securities Co's current Pretax Margin % of 57.75% is 184.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on CITIC Securities Co and its competitors. For the Capital Markets industry, the median Pretax Margin % is 20.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CITIC Securities Co's current Pretax Margin % is 57.75%, which is 40% above median its own 10-year median of 41.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CITIC Securities Co stock overvalued right now?
CITIC Securities Co (CIIHF) has a current Pretax Margin % of 57.75%. The stock's GF Value™ is $3.93, compared to a current price of $3.50 — trading 10.9% below its estimated fair value. The current Pretax Margin % is 57.75%, which is 40% above median its 10-year median of 41.17 and 184.2% above the Capital Markets industry median of 20.32. CITIC Securities Co's overall GF Score™ is 68/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For CITIC Securities Co (CIIHF), the current Pretax Margin % is 57.75% as of Mar. 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 CITIC Securities Co (CIIHF) Overvalued in 2026?

Based on GuruFocus' analysis, CITIC Securities Co stock appears to be undervalued. The current stock price of $3.50 is trading 10.9% below its estimated GF Value™ of $3.93.

Key valuation signals for CIIHF:

  • Pretax Margin %: 57.75% (40% above median its 10-year median of 41.17)
  • GF Value™: $3.93 vs. price of $3.50 (10.9% below fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 184.2% above the Capital Markets median (#148 of 774)

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


CITIC Securities Co Business Description

Address No.48 Liangmaqiao Road, 10th Floor, CITIC Securities Tower, Chaoyang District, Beijing, CHN, 100026
CITIC Securities Co Ltd is a brokerage and investment group that provides brokerage, underwriting and sponsoring, proprietary trading, investment banking, asset management, investment advisory, Margin financing and securities lending, Stock option market-making, and other services. The company has five reportable segments, namely Investment Banking, Brokerage, Trading, Asset Management, and Others. The company derives maximum revenue from the Trading segment.
68GF Score

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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.50
Price
$3.93
GF Value