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.
Be Friends Holding (HKSE:01450) 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.
Be Friends Holding Pretax Margin % Related Terms
Be Friends Holding Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Be Friends Holding'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:01450 vs QH, SHOP, UBER: Pretax Margin % Comparison
For the Software - Application subindustry, Be Friends Holding'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.
Be Friends Holding Pretax Margin % vs Software Industry
For the Software industry and Technology sector, Be Friends Holding's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Be Friends Holding'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.
Be Friends Holding (HKSE:01450) has a Pretax Margin % of 14.24% as of Jun. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Be Friends Holding and its competitors. According to the industry distribution chart, Be Friends Holding ranks #1004 out of 2832 companies in the Software industry, placing it in the top 35.5%.
Is Be Friends Holding's Pretax Margin % too high?
Be Friends Holding's current Pretax Margin % is 14.24%. The Software industry median Pretax Margin % is 3.67. Be Friends Holding's value of 14.24% is 288% above this industry median. Based on the distribution chart, Be Friends Holding ranks #1004 out of 2832 companies in the Software industry, which is above the industry midpoint. Overall, Be Friends Holding has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Be Friends Holding's Pretax Margin % compare to QH and SHOP?
According to the Software industry distribution chart, Be Friends Holding ranks #1004 out of 2832 companies for Pretax Margin %. This puts Be Friends Holding in the upper half of its industry. The industry median Pretax Margin % is 3.67. Be Friends Holding's value of 14.24% is 288% 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 Software company?
The median Pretax Margin % among Software companies is 3.67, based on 2,832 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. Be Friends Holding's current Pretax Margin % of 14.24% is 288% 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 Be Friends Holding and its competitors. For the Software industry, the median Pretax Margin % is 3.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Be Friends Holding's current Pretax Margin % is 14.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Be Friends Holding stock overvalued right now?
Based on GuruFocus' analysis, Be Friends Holding (HKSE:01450) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$2.28, compared to a current price of HK$0.80 — trading 64.9% below its estimated fair value. The current Pretax Margin % is 14.24% and 288% above the Software industry median of 3.67. Be Friends Holding's overall GF Score™ is 67/100 with 2 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 Be Friends Holding (HKSE:01450), the current Pretax Margin % is 14.24% as of Jun. 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 Be Friends Holding (HKSE:01450) Overvalued in 2026?
Based on GuruFocus' analysis, Be Friends Holding stock appears to be undervalued.
The current stock price of HK$0.80 is trading 64.9% below its estimated GF Value™ of HK$2.28.
GuruFocus considers Be Friends Holding to be Significantly Undervalued.
Key valuation signals for HKSE:01450:
Pretax Margin %: 14.24%
GF Value™: HK$2.28 vs. price of HK$0.80 (64.9% below fair value)
Industry Position: 288% above the Software median (#1004 of 2832)
No single metric tells the full story. See the HKSE:01450 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Be Friends Holding Ltd is engaged in the provision of new media services, application solutions, sales of self-developed products, and system maintenance services, for the all-media industry in the People's Republic of China (the PRC). The Group has operations mainly in the PRC. The company's segments include New Media Services.
67GF Score
Get the complete analysis for HKSE:01450
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:01450 has been successfully added to your 
