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MECOM Power and ConstructionHKSE:01183 65 Pretax Margin % is 0.54% as of Dec. 2025, which is 94% below its 10-year median of 9.41. GuruFocus rates HKSE:01183 with a GF Score™ of 65/100 and a GF Value™ of HK$0.23 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 612 Steel companies, MECOM Power and Construction ranks worse than 59.15% on this metric.
MECOM Power and Construction (HKSE:01183) 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.
MECOM Power and Construction Pretax Margin % Related Terms
MECOM Power and Construction 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.
MECOM Power and Construction Pretax Margin % Chart
HKSE:01183 vs NUE, STLD, RS: Pretax Margin % Comparison
For the Steel subindustry, MECOM Power and Construction'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.
MECOM Power and Construction Pretax Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, MECOM Power and Construction's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where MECOM Power and Construction'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.
MECOM Power and Construction (HKSE:01183) has a Pretax Margin % of 0.54% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on MECOM Power and Construction and its competitors. This is 94% below median its historical median of 9.41. Over the past decade, MECOM Power and Construction's Pretax Margin % has ranged from 0.51 to 17.84. According to the industry distribution chart, MECOM Power and Construction ranks #362 out of 612 companies in the Steel industry, placing it in the top 59.2%.
Is MECOM Power and Construction's Pretax Margin % too high?
MECOM Power and Construction's current Pretax Margin % of 0.54% is 94% below median its 10-year median of 9.41. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 17.84. The Steel industry median Pretax Margin % is 2.76. MECOM Power and Construction's value of 0.54% is 80.4% below this industry median. Based on the distribution chart, MECOM Power and Construction ranks #362 out of 612 companies in the Steel industry, which is below the industry midpoint. Overall, MECOM Power and Construction has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MECOM Power and Construction's Pretax Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, MECOM Power and Construction ranks #362 out of 612 companies for Pretax Margin %. This places MECOM Power and Construction in the lower half of its industry. The industry median Pretax Margin % is 2.76. MECOM Power and Construction's value of 0.54% is 80.4% below this benchmark. Historically, MECOM Power and Construction's own Pretax Margin % has ranged from 0.51 to 17.84 over the past decade. While the company's 10-year median is 9.41 vs. the industry median of 2.76, MECOM Power and Construction 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 Steel company?
The median Pretax Margin % among Steel companies is 2.76, based on 612 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. MECOM Power and Construction's current Pretax Margin % of 0.54% is 80.4% 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 MECOM Power and Construction and its competitors. For the Steel industry, the median Pretax Margin % is 2.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MECOM Power and Construction's current Pretax Margin % is 0.54%, which is 94% below median its own 10-year median of 9.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MECOM Power and Construction stock overvalued right now?
Based on GuruFocus' analysis, MECOM Power and Construction (HKSE:01183) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$0.23, compared to a current price of HK$0.14 — trading 41.3% below its estimated fair value. The current Pretax Margin % is 0.54%, which is 94% below median its 10-year median of 9.41 and 80.4% below the Steel industry median of 2.76. MECOM Power and Construction's overall GF Score™ is 65/100 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 MECOM Power and Construction (HKSE:01183), the current Pretax Margin % is 0.54% 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 MECOM Power and Construction (HKSE:01183) Overvalued in 2026?
Based on GuruFocus' analysis, MECOM Power and Construction stock appears to be undervalued.
The current stock price of HK$0.14 is trading 41.3% below its estimated GF Value™ of HK$0.23.
GuruFocus considers MECOM Power and Construction to be Significantly Undervalued.
Key valuation signals for HKSE:01183:
Pretax Margin %: 0.54% (94% below median its 10-year median of 9.41)
GF Value™: HK$0.23 vs. price of HK$0.14 (41.3% below fair value)
Industry Position: 80.4% below the Steel median (#362 of 612)
No single metric tells the full story. See the HKSE:01183 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MECOM Power and Construction Ltd is a construction company engaged in construction of power substation and structural steelworks. Its scope covers steel structures business, including research and development and sales of new construction materials; construction business, including construction and fitting out works, high voltage power substation construction and its system installation works, E&M engineering services works, facilities management and operation and maintenance services, construction, operation and maintenance of data centres; and electric vehicles related services. Its segments are: Construction business, Electric vehicles business, and Intelligent manufacturing business. It derives maximum revenue from Intelligent manufacturing business.
65GF Score
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