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China Changbaishan International Holdings (HKSE:00989) 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.
China Changbaishan International Holdings Pretax Margin % Related Terms
China Changbaishan International 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.
China Changbaishan International Holdings Pretax Margin % Chart
China Changbaishan International Holdings Annual Data
China Changbaishan International Holdings Pretax Margin % Competitor Comparison
For the Real Estate - Development subindustry, China Changbaishan 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.
China Changbaishan International Holdings Pretax Margin % vs Real Estate Industry
* 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.
China Changbaishan International Holdings (HKSE:00989) has a Pretax Margin % of 735.97% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on China Changbaishan International Holdings and its competitors. According to the industry distribution chart, China Changbaishan International Holdings ranks #40 out of 1756 companies in the Real Estate industry, placing it in the top 2.3%.
Is China Changbaishan International Holdings' Pretax Margin % too high?
China Changbaishan International Holdings' current Pretax Margin % is 735.97%. The Real Estate industry median Pretax Margin % is 12.20. China Changbaishan International Holdings' value of 735.97% is 5935% above this industry median. Based on the distribution chart, China Changbaishan International Holdings ranks #40 out of 1756 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, China Changbaishan International Holdings has a GF Score™ of 18/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Changbaishan International Holdings' Pretax Margin % compare to competitors?
According to the Real Estate industry distribution chart, China Changbaishan International Holdings ranks #40 out of 1756 companies for Pretax Margin %. This places China Changbaishan International Holdings in the top 2% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 12.20. China Changbaishan International Holdings' value of 735.97% is 5935% above this benchmark. 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 Real Estate company?
The median Pretax Margin % among Real Estate companies is 12.20, based on 1,756 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. China Changbaishan International Holdings's current Pretax Margin % of 735.97% is 5935% 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 China Changbaishan International Holdings and its competitors. For the Real Estate industry, the median Pretax Margin % is 12.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Changbaishan International Holdings's current Pretax Margin % is 735.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Changbaishan International Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Changbaishan International Holdings (HKSE:00989) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.40, compared to a current price of HK$0.56 — trading 40% above its estimated fair value. The current Pretax Margin % is 735.97% and 5935% above the Real Estate industry median of 12.20. China Changbaishan International Holdings' overall GF Score™ is 18/100 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 China Changbaishan International Holdings (HKSE:00989), the current Pretax Margin % is 735.97% 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 China Changbaishan International Holdings (HKSE:00989) Overvalued in 2026?
Based on GuruFocus' analysis, China Changbaishan International Holdings stock appears to be overvalued.
The current stock price of HK$0.56 is trading 40% above its estimated GF Value™ of HK$0.40.
GuruFocus considers China Changbaishan International Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:00989:
Pretax Margin %: 735.97%
GF Value™: HK$0.40 vs. price of HK$0.56 (40% above fair value)
Industry Position: 5935% above the Real Estate median (#40 of 1756)
No single metric tells the full story. See the HKSE:00989 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Changbaishan International Holdings Ltd Formerly Hua Yin International Holdings Ltd is an investment holding company. Along with its subsidiaries, it is principally engaged in property development and management, including planning, designing, budgeting, licensing, contract tendering, and contract administration; and property investment. The group's reportable segments are Property development and management, which derives maximum revenue, and Property investment. Geographically, the group derives all of its revenue from the People's Republic of China (PRC).
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