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National Electronics HoldingsHKSE:00213 38 Pretax Margin % is 0.62% as of Mar. 2026, which is 96% below its 10-year median of 13.90. GuruFocus rates HKSE:00213 with a GF Score™ of 38/100 and a GF Value™ of HK$3.31 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,040 Manufacturing - Apparel & Accessories companies, National Electronics Holdings ranks worse than 65.19% on this metric.
The historical rank and industry rank for National Electronics Holdings's Pretax Margin % or its related term are showing as below:
HKSE:00213'
s Pretax Margin % Range Over the Past 10 Years
Min: 1.08 Med: 13.9 Max: 34.02
Current: 1.09
HKSE:00213's Pretax Margin % is ranked worse than 65.19% of 1040
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.635
vs HKSE:00213: 1.09
National Electronics Holdings (HKSE:00213) 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.
National Electronics Holdings Pretax Margin % Related Terms
National Electronics Holdings Pretax Margin % Historical Data
* 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.
National Electronics Holdings Pretax Margin % Chart
HKSE:00213 vs NKE, DECK, ONON: Pretax Margin % Comparison
For the Footwear & Accessories subindustry, National Electronics 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.
National Electronics Holdings Pretax Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, National Electronics Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where National Electronics Holdings's Pretax Margin % falls into.
* 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.
National Electronics Holdings (HKSE:00213) has a Pretax Margin % of 0.62% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on National Electronics Holdings and its competitors. This is 96% below median its historical median of 13.90. Over the past decade, National Electronics Holdings' Pretax Margin % has ranged from 1.08 to 34.02. According to the industry distribution chart, National Electronics Holdings ranks #678 out of 1040 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 65.2%.
Is National Electronics Holdings' Pretax Margin % too high?
National Electronics Holdings' current Pretax Margin % of 0.62% is 96% below median its 10-year median of 13.90. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 34.02. The Manufacturing - Apparel & Accessories industry median Pretax Margin % is 3.64. National Electronics Holdings' value of 0.62% is 82.9% below this industry median. Based on the distribution chart, National Electronics Holdings ranks #678 out of 1040 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, National Electronics Holdings has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does National Electronics Holdings' Pretax Margin % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, National Electronics Holdings ranks #678 out of 1040 companies for Pretax Margin %. This places National Electronics Holdings in the lower half of its industry. The industry median Pretax Margin % is 3.64. National Electronics Holdings' value of 0.62% is 82.9% below this benchmark. Historically, National Electronics Holdings' own Pretax Margin % has ranged from 1.08 to 34.02 over the past decade. While the company's 10-year median is 13.90 vs. the industry median of 3.64, National Electronics Holdings has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median Pretax Margin % among Manufacturing - Apparel & Accessories companies is 3.64, based on 1,040 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. National Electronics Holdings's current Pretax Margin % of 0.62% is 82.9% below 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 National Electronics Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Pretax Margin % is 3.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Electronics Holdings's current Pretax Margin % is 0.62%, which is 96% below median its own 10-year median of 13.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Electronics Holdings stock overvalued right now?
Based on GuruFocus' analysis, National Electronics Holdings (HKSE:00213) is currently considered Possible Value Trap. The stock's GF Value™ is HK$3.31, compared to a current price of HK$0.34 — trading 89.7% below its estimated fair value. The current Pretax Margin % is 0.62%, which is 96% below median its 10-year median of 13.90 and 82.9% below the Manufacturing - Apparel & Accessories industry median of 3.64. National Electronics Holdings' overall GF Score™ is 38/100 with 6 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 National Electronics Holdings (HKSE:00213), the current Pretax Margin % is 0.62% 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 National Electronics Holdings (HKSE:00213) Overvalued in 2026?
Based on GuruFocus' analysis, National Electronics Holdings stock appears to be undervalued.
The current stock price of HK$0.34 is trading 89.7% below its estimated GF Value™ of HK$3.31.
GuruFocus considers National Electronics Holdings to be Possible Value Trap.
Key valuation signals for HKSE:00213:
Pretax Margin %: 0.62% (96% below median its 10-year median of 13.90)
GF Value™: HK$3.31 vs. price of HK$0.34 (89.7% below fair value)
Industry Position: 82.9% below the Manufacturing - Apparel & Accessories median (#678 of 1040)
No single metric tells the full story. See the HKSE:00213 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Electronics Holdings Ltd is an investment holding company. Along with its subsidiaries, it is principally engaged in the manufacture, assembly, and sale of electronic watches and watch parts, trading of watch movements and watch parts, and property development and investment. The group's reportable and operating segments are: Manufacture of watches and trading of watch movements, which generate maximum revenue; Residential and other property development and investment; and Commercial property investment. Geographically, the group generates maximum revenue from Hong Kong and the PRC, followed by Europe, North America, and other regions.
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