Sa International Holdings (HKSE:00178) Pretax Margin %: 7.33% (As of Mar. 2026) — 59% Above Median

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.

HKSE:00178 Sa SA International Holdings Ltd HKSE:00178
54 GF Score
Price HK$0.95
GF Value HK$0.76
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Sa International Holdings Pretax Margin %?

Sa International Holdings HKSE:00178 -1.05% 54 Pretax Margin % is 7.33% as of Mar. 2026, which is 59% above its 10-year median of 4.61. GuruFocus rates HKSE:00178 with a GF Score™ of 54/100 and a GF Value™ of HK$0.76 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,131 Retail - Cyclical companies, Sa International Holdings ranks better than 62.42% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sa International Holdings's Pre-Tax Income for the six months ended in Mar. 2026 was HK$175 Mil. Sa International Holdings's Revenue for the six months ended in Mar. 2026 was HK$2,392 Mil. Therefore, Sa International Holdings's pretax margin for the quarter that ended in Mar. 2026 was 7.33%.

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

HKSE:00178' s Pretax Margin % Range Over the Past 10 Years
Min: -13.19   Med: 4.61   Max: 7.14
Current: 5.41


HKSE:00178's Pretax Margin % is ranked better than
62.42% of 1131 companies
in the Retail - Cyclical industry
Industry Median: 3.21 vs HKSE:00178: 5.41

Sa International Holdings  (HKSE:00178) 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.


Sa International Holdings Pretax Margin % Related Terms


Sa International Holdings Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Sa International Holdings'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.

Sa International Holdings Pretax Margin % Chart

Sa International Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.87 -0.41 6.11 3.80 5.41

Sa International Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 6.34 3.16 4.41 3.10 7.33

HKSE:00178 vs CASY, WSM, ULTA: Pretax Margin % Comparison

For the Specialty Retail subindustry, Sa International Holdings'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.


Sa International Holdings Pretax Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sa International Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Sa International Holdings's Pretax Margin % falls into.


HKSE:00178
54GF Score
Sa SA International Holdings Ltd HKSE:00178
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sa International Holdings 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.

Sa International Holdings's Pretax Margin for the fiscal year that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=236.904/4382.6
=5.41 %

Sa International Holdings'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 )
=175.292/2392.04
=7.33 %

* 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 7.33% mean?
Sa International Holdings (HKSE:00178) has a Pretax Margin % of 7.33% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Sa International Holdings and its competitors. This is 59% above median its historical median of 4.61. According to the industry distribution chart, Sa International Holdings ranks #425 out of 1131 companies in the Retail - Cyclical industry, placing it in the top 37.6%.
Is Sa International Holdings' Pretax Margin % too high?
Sa International Holdings' current Pretax Margin % of 7.33% is 59% above median its 10-year median of 4.61. The Retail - Cyclical industry median Pretax Margin % is 3.21. Sa International Holdings' value of 7.33% is 128.3% above this industry median. Based on the distribution chart, Sa International Holdings ranks #425 out of 1131 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Sa International Holdings has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sa International Holdings' Pretax Margin % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Sa International Holdings ranks #425 out of 1131 companies for Pretax Margin %. This puts Sa International Holdings in the upper half of its industry. The industry median Pretax Margin % is 3.21. Sa International Holdings' value of 7.33% is 128.3% above this benchmark. While the company's 10-year median is 4.61 vs. the industry median of 3.21, Sa International Holdings 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 Retail - Cyclical company?
The median Pretax Margin % among Retail - Cyclical companies is 3.21, based on 1,131 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. Sa International Holdings's current Pretax Margin % of 7.33% is 128.3% 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 Sa International Holdings and its competitors. For the Retail - Cyclical industry, the median Pretax Margin % is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sa International Holdings's current Pretax Margin % is 7.33%, which is 59% above median its own 10-year median of 4.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sa International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sa International Holdings (HKSE:00178) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.76, compared to a current price of HK$0.95 — trading 24.3% above its estimated fair value. The current Pretax Margin % is 7.33%, which is 59% above median its 10-year median of 4.61 and 128.3% above the Retail - Cyclical industry median of 3.21. Sa International Holdings' overall GF Score™ is 54/100 with 4 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 Sa International Holdings (HKSE:00178), the current Pretax Margin % is 7.33% 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 Sa International Holdings (HKSE:00178) Overvalued in 2026?

Based on GuruFocus' analysis, Sa International Holdings stock appears to be overvalued. The current stock price of HK$0.95 is trading 24.3% above its estimated GF Value™ of HK$0.76. GuruFocus considers Sa International Holdings to be Modestly Overvalued.

Key valuation signals for HKSE:00178:

  • Pretax Margin %: 7.33% (59% above median its 10-year median of 4.61)
  • GF Value™: HK$0.76 vs. price of HK$0.95 (24.3% above fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 128.3% above the Retail - Cyclical median (#425 of 1131)

No single metric tells the full story. See the HKSE:00178 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sa International Holdings Business Description

Other Exchanges SAXJY:USA
Address 18 Ka Yip Street, 8th Floor, Block B, MP Industrial Centre, Chai Wan, Hong Kong, HKG
Sa SA International Holdings Ltd is an investment holding company. The group operates as a beauty-product retail group in Asia. Its business covers Hong Kong and Macao SARs, the Chinese Mainland, and Southeast Asia. It is a one-stop beauty product specialty platform with a business focus on Beauty. The group provides diverse and quality products under more than 650 brands, ranging from skincare, fragrance, make-up, hair care, body care products, inner beauty and health products, as well as beauty equipment. Its diversified e-commerce platforms offer round-the-clock online shopping services along with comprehensive product information to customers from different countries. Its physical and online business presence is striving to provide a customer-centric omni-channel shopping experience.
54GF Score

Get the complete analysis for HKSE:00178

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

HK$0.95
Price
HK$0.76
GF Value