Tian Lun Gas Holdings (HKSE:01600) Pretax Margin %: -1.95% (As of Dec. 2025)

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HKSE:01600 Tian Lun Gas Holdings Ltd HKSE:01600
71 GF Score
Price HK$2.65
GF Value HK$3.92
Valuation Possible Value Trap
! 4 Warning Signs
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What is Tian Lun Gas Holdings Pretax Margin %?

Tian Lun Gas Holdings HKSE:01600 -0.19% 71 Pretax Margin % is -1.95% as of Dec. 2025. GuruFocus rates HKSE:01600 with a GF Score™ of 71/100 and a GF Value™ of HK$3.92 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 498 Utilities - Regulated companies, Tian Lun Gas Holdings ranks worse than 86.55% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Tian Lun Gas Holdings's Pre-Tax Income for the six months ended in Dec. 2025 was HK$-79 Mil. Tian Lun Gas Holdings's Revenue for the six months ended in Dec. 2025 was HK$4,083 Mil. Therefore, Tian Lun Gas Holdings's pretax margin for the quarter that ended in Dec. 2025 was -1.95%.

The historical rank and industry rank for Tian Lun Gas Holdings's Pretax Margin % or its related term are showing as below:

HKSE:01600' s Pretax Margin % Range Over the Past 10 Years
Min: 1.39   Med: 16.87   Max: 22.03
Current: 1.39


HKSE:01600's Pretax Margin % is ranked worse than
86.55% of 498 companies
in the Utilities - Regulated industry
Industry Median: 11.83 vs HKSE:01600: 1.39

Tian Lun Gas Holdings  (HKSE:01600) 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.


Tian Lun Gas Holdings Pretax Margin % Related Terms


Tian Lun Gas Holdings Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Tian Lun Gas Holdings'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.

Tian Lun Gas Holdings Pretax Margin % Chart

Tian Lun Gas Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.81 8.88 9.27 6.52 1.40

Tian Lun Gas Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.65 5.51 7.50 4.32 -1.95

HKSE:01600 vs ATO, NI: Pretax Margin % Comparison

For the Utilities - Regulated Gas subindustry, Tian Lun Gas 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.


Tian Lun Gas Holdings Pretax Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tian Lun Gas Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Tian Lun Gas Holdings's Pretax Margin % falls into.


HKSE:01600
71GF Score
Tian Lun Gas Holdings Ltd HKSE:01600
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tian Lun Gas Holdings Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Tian Lun Gas Holdings's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=123.052/8768.734
=1.40 %

Tian Lun Gas Holdings's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-79.432/4082.959
=-1.95 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of -1.95% mean?
Tian Lun Gas Holdings (HKSE:01600) has a Pretax Margin % of -1.95% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Tian Lun Gas Holdings and its competitors. Over the past decade, Tian Lun Gas Holdings' Pretax Margin % has ranged from 1.39 to 22.03. According to the industry distribution chart, Tian Lun Gas Holdings ranks #431 out of 498 companies in the Utilities - Regulated industry, placing it in the top 86.5%.
Is Tian Lun Gas Holdings' Pretax Margin % too high?
Tian Lun Gas Holdings' current Pretax Margin % is -1.95%. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 22.03. Based on the distribution chart, Tian Lun Gas Holdings ranks #431 out of 498 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Tian Lun Gas Holdings has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tian Lun Gas Holdings' Pretax Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Tian Lun Gas Holdings ranks #431 out of 498 companies for Pretax Margin %. This places Tian Lun Gas Holdings in the lower half of its industry. The industry median Pretax Margin % is 11.83. Historically, Tian Lun Gas Holdings' own Pretax Margin % has ranged from 1.39 to 22.03 over the past decade. 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 an Utilities - Regulated company?
The median Pretax Margin % among Utilities - Regulated companies is 11.83, based on 498 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 Tian Lun Gas Holdings and its competitors. For the Utilities - Regulated industry, the median Pretax Margin % is 11.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tian Lun Gas Holdings's current Pretax Margin % is -1.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tian Lun Gas Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tian Lun Gas Holdings (HKSE:01600) is currently considered Possible Value Trap. The stock's GF Value™ is HK$3.92, compared to a current price of HK$2.65 — trading 32.5% below its estimated fair value. The current Pretax Margin % is -1.95%. Tian Lun Gas Holdings' overall GF Score™ is 71/100 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 Tian Lun Gas Holdings (HKSE:01600), the current Pretax Margin % is -1.95% 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 Tian Lun Gas Holdings (HKSE:01600) Overvalued in 2026?

Based on GuruFocus' analysis, Tian Lun Gas Holdings stock appears to be undervalued. The current stock price of HK$2.65 is trading 32.5% below its estimated GF Value™ of HK$3.92. GuruFocus considers Tian Lun Gas Holdings to be Possible Value Trap.

Key valuation signals for HKSE:01600:

  • Pretax Margin %: -1.95%
  • GF Value™: HK$3.92 vs. price of HK$2.65 (32.5% below fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the HKSE:01600 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tian Lun Gas Holdings Business Description

Other Exchanges TLJ:Germany
Address No. 6 Huang He East Road, 4th Floor, Tian Lun Group Building, Zheng Dong Xin District, Henan Province, Zhengzhou City, CHN, 450003
Tian Lun Gas Holdings Ltd is a Chinese investment holding company whose subsidiaries are engaged in the investment, operation and management of gas pipeline connections, transportation, distribution and sales of gas, construction and operation of gas filling stations, and production and sales of LNG in the People's Republic of China. The segments of the company are the sale of natural gas in cylinders, sale of natural gas in bulk, engineering construction services, and other segments. The company derives the majority of its revenue from the sale of natural gas.
71GF Score

Get the complete analysis for HKSE:01600

Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$2.65
Price
HK$3.92
GF Value