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Wang On GroupHKSE:01222 Pretax Margin % is -49.27% as of Mar. 2026. The stock has 3 warning signs investors should review. Among 543 Conglomerates companies, Wang On Group ranks worse than 93.37% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Wang On Group's Pre-Tax Income for the
six
months ended in Mar. 2026 was HK$-701 Mil. Wang On Group's Revenue for the
six
months ended in Mar. 2026 was HK$1,423 Mil. Therefore, Wang On Group's pretax margin for the quarter that ended in Mar. 2026 was -49.27%.
The historical rank and industry rank for Wang On Group's Pretax Margin % or its related term are showing as below:
HKSE:01222'
s Pretax Margin % Range Over the Past 10 Years
Min: -45.66 Med: 7.67 Max: 70.01
Current: -45.66
HKSE:01222's Pretax Margin % is ranked worse than 93.37% of 543
companies
in the Conglomerates industry
Industry Median: 6.8
vs HKSE:01222: -45.66
Wang On Group (HKSE:01222) 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.
Wang On Group Pretax Margin % Related Terms
Wang On Group Pretax Margin % Historical Data
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The historical data trend for Wang On Group'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.
HKSE:01222 vs MMM, HON: Pretax Margin % Comparison
For the Conglomerates subindustry, Wang On Group'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.
Wang On Group Pretax Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Wang On Group's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Wang On Group'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.
Wang On Group (HKSE:01222) has a Pretax Margin % of -49.27% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Wang On Group and its competitors. According to the industry distribution chart, Wang On Group ranks #507 out of 543 companies in the Conglomerates industry, placing it in the top 93.4%.
Is Wang On Group's Pretax Margin % too high?
Wang On Group's current Pretax Margin % is -49.27%. Based on the distribution chart, Wang On Group ranks #507 out of 543 companies in the Conglomerates industry, which is in the bottom quartile relative to peers.
How does Wang On Group's Pretax Margin % compare to MMM and HON?
According to the Conglomerates industry distribution chart, Wang On Group ranks #507 out of 543 companies for Pretax Margin %. This places Wang On Group in the lower half of its industry. The industry median Pretax Margin % is 6.80. 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 Conglomerates company?
The median Pretax Margin % among Conglomerates companies is 6.80, based on 543 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. 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 Wang On Group and its competitors. For the Conglomerates industry, the median Pretax Margin % is 6.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wang On Group's current Pretax Margin % is -49.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wang On Group stock overvalued right now?
Based on GuruFocus' analysis, Wang On Group (HKSE:01222) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.03, compared to a current price of HK$0.02 — trading 30% below its estimated fair value. The current Pretax Margin % is -49.27%. 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 Wang On Group (HKSE:01222), the current Pretax Margin % is -49.27% 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.
Wang On Group Ltd is an investment holding company engaged in property development businesses. It operates in five business segments. The Property Development segment is engaged in the development of properties. The Property Investment segment is engaged in investment in industrial and commercial premises and residential units for rental or for sale. The Fresh markets segment is engaged in the management and sub-licensing of fresh markets and butchery business. The Pharmaceutical segment engages in the production and sale of pharmaceutical and health food products. The Treasury management segment engages in the provision of finance and investments in debt and other securities which earn interest income.
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