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.
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.
Mainland Headwear HoldingsHKSE:01100 -1.32%91 Pretax Margin % is 10.11% as of Dec. 2025, which is 5% above its 10-year median of 9.62. GuruFocus rates HKSE:01100 with a GF Score™ of 91/100 and a GF Value™ of HK$1.80 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,042 Manufacturing - Apparel & Accessories companies, Mainland Headwear Holdings ranks better than 76.3% on this metric.
The historical rank and industry rank for Mainland Headwear Holdings's Pretax Margin % or its related term are showing as below:
HKSE:01100'
s Pretax Margin % Range Over the Past 10 Years
Min: 5.14 Med: 9.62 Max: 13.38
Current: 9.63
HKSE:01100's Pretax Margin % is ranked better than 76.3% of 1042
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.505
vs HKSE:01100: 9.63
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.
Mainland Headwear Holdings Pretax Margin % Related Terms
Mainland Headwear 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.
HKSE:01100 vs NKE, DECK, ONON: Pretax Margin % Comparison
For the Footwear & Accessories subindustry, Mainland Headwear 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.
Mainland Headwear Holdings Pretax Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mainland Headwear Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Mainland Headwear 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.
Mainland Headwear Holdings (HKSE:01100) has a Pretax Margin % of 10.11% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Mainland Headwear Holdings and its competitors. This is near median its historical median of 9.62. Over the past decade, Mainland Headwear Holdings' Pretax Margin % has ranged from 5.14 to 13.38. According to the industry distribution chart, Mainland Headwear Holdings ranks #247 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 23.7%.
Is Mainland Headwear Holdings' Pretax Margin % too high?
Mainland Headwear Holdings' current Pretax Margin % of 10.11% is near median its 10-year median of 9.62. Over the past 10 years, this metric has ranged from a low of 5.14 to a high of 13.38. The Manufacturing - Apparel & Accessories industry median Pretax Margin % is 3.51. Mainland Headwear Holdings' value of 10.11% is 188.4% above this industry median. Based on the distribution chart, Mainland Headwear Holdings ranks #247 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Mainland Headwear Holdings has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mainland Headwear Holdings' Pretax Margin % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Mainland Headwear Holdings ranks #247 out of 1042 companies for Pretax Margin %. This places Mainland Headwear Holdings in the top 24% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.51. Mainland Headwear Holdings' value of 10.11% is 188.4% above this benchmark. Historically, Mainland Headwear Holdings' own Pretax Margin % has ranged from 5.14 to 13.38 over the past decade. While the company's 10-year median is 9.62 vs. the industry median of 3.51, Mainland Headwear 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 Manufacturing - Apparel & Accessories company?
The median Pretax Margin % among Manufacturing - Apparel & Accessories companies is 3.51, based on 1,042 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. Mainland Headwear Holdings's current Pretax Margin % of 10.11% is 188.4% 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 Mainland Headwear Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Pretax Margin % is 3.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mainland Headwear Holdings's current Pretax Margin % is 10.11%, which is near median its own 10-year median of 9.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mainland Headwear Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mainland Headwear Holdings (HKSE:01100) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.80, compared to a current price of HK$1.49 — trading 17.2% below its estimated fair value. The current Pretax Margin % is 10.11%, which is near median its 10-year median of 9.62 and 188.4% above the Manufacturing - Apparel & Accessories industry median of 3.51. Mainland Headwear Holdings' overall GF Score™ is 91/100 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 Mainland Headwear Holdings (HKSE:01100), the current Pretax Margin % is 10.11% as of Dec. 2025. 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 Mainland Headwear Holdings (HKSE:01100) Overvalued in 2026?
Based on GuruFocus' analysis, Mainland Headwear Holdings stock appears to be undervalued.
The current stock price of HK$1.49 is trading 17.2% below its estimated GF Value™ of HK$1.80.
GuruFocus considers Mainland Headwear Holdings to be Modestly Undervalued.
Key valuation signals for HKSE:01100:
Pretax Margin %: 10.11% (near median its 10-year median of 9.62)
GF Value™: HK$1.80 vs. price of HK$1.49 (17.2% below fair value)
Industry Position: 188.4% above the Manufacturing - Apparel & Accessories median (#247 of 1042)
No single metric tells the full story. See the HKSE:01100 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mainland Headwear Holdings Ltd is an investment holding company. The group is mainly engaged in the design, manufacture, and retail of quality casual headwear. The firm operates in two segments including Manufacturing and Trading. In the Manufacturing segment, it manufactures headwear products for sale to its Trading and Retail Business as well as to external customers. The trading segment includes trading and distribution of headwear, apparel, small leather goods, bags and accessories. The firm sells its products in overseas countries with the U.S. as the main market; followed by the European market. The key revenue is derived from the Manufacturing segment.
91GF Score
Get the complete analysis for HKSE:01100
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:01100 has been successfully added to your 
