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Lingyi Itech (Guangdong) Co (HKSE:01688) 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.
Lingyi Itech (Guangdong) Co Pretax Margin % Related Terms
Lingyi Itech (Guangdong) Co 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:01688 vs APH, GLW, TEL: Pretax Margin % Comparison
For the Electronic Components subindustry, Lingyi Itech (Guangdong) Co'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.
Lingyi Itech (Guangdong) Co Pretax Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Lingyi Itech (Guangdong) Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Lingyi Itech (Guangdong) Co'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.
Lingyi Itech (Guangdong) Co (HKSE:01688) has a Pretax Margin % of 3.40% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Lingyi Itech (Guangdong) Co and its competitors. This is 39% below median its historical median of 5.56. According to the industry distribution chart, Lingyi Itech (Guangdong) Co ranks #1136 out of 2476 companies in the Hardware industry, placing it in the top 45.9%.
Is Lingyi Itech (Guangdong) Co's Pretax Margin % too high?
Lingyi Itech (Guangdong) Co's current Pretax Margin % of 3.40% is 39% below median its 10-year median of 5.56. The Hardware industry median Pretax Margin % is 3.84. Lingyi Itech (Guangdong) Co's value of 3.40% is 11.3% below this industry median. Based on the distribution chart, Lingyi Itech (Guangdong) Co ranks #1136 out of 2476 companies in the Hardware industry, which is above the industry midpoint. Overall, Lingyi Itech (Guangdong) Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lingyi Itech (Guangdong) Co's Pretax Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Lingyi Itech (Guangdong) Co ranks #1136 out of 2476 companies for Pretax Margin %. This puts Lingyi Itech (Guangdong) Co in the upper half of its industry. The industry median Pretax Margin % is 3.84. Lingyi Itech (Guangdong) Co's value of 3.40% is 11.3% below this benchmark. While the company's 10-year median is 5.56 vs. the industry median of 3.84, Lingyi Itech (Guangdong) Co 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 Hardware company?
The median Pretax Margin % among Hardware companies is 3.84, based on 2,476 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. Lingyi Itech (Guangdong) Co's current Pretax Margin % of 3.40% is 11.3% 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 Lingyi Itech (Guangdong) Co and its competitors. For the Hardware industry, the median Pretax Margin % is 3.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lingyi Itech (Guangdong) Co's current Pretax Margin % is 3.40%, which is 39% below median its own 10-year median of 5.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lingyi Itech (Guangdong) Co stock overvalued right now?
Based on GuruFocus' analysis, Lingyi Itech (Guangdong) Co (HKSE:01688) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$5.34, compared to a current price of HK$6.17 — trading 15.5% above its estimated fair value. The current Pretax Margin % is 3.40%, which is 39% below median its 10-year median of 5.56 and 11.3% below the Hardware industry median of 3.84. Lingyi Itech (Guangdong) Co's overall GF Score™ is 68/100 with 3 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 Lingyi Itech (Guangdong) Co (HKSE:01688), the current Pretax Margin % is 3.40% 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.
Is Lingyi Itech (Guangdong) Co (HKSE:01688) Overvalued in 2026?
Based on GuruFocus' analysis, Lingyi Itech (Guangdong) Co stock appears to be overvalued.
The current stock price of HK$6.17 is trading 15.5% above its estimated GF Value™ of HK$5.34.
GuruFocus considers Lingyi Itech (Guangdong) Co to be Modestly Overvalued.
Key valuation signals for HKSE:01688:
Pretax Margin %: 3.40% (39% below median its 10-year median of 5.56)
GF Value™: HK$5.34 vs. price of HK$6.17 (15.5% above fair value)
Industry Position: 11.3% below the Hardware median (#1136 of 2476)
No single metric tells the full story. See the HKSE:01688 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lingyi Itech (Guangdong) Co Ltd is engaged in the manufacturing of precision functional components, structural modules, and intelligent assembly solutions for the consumer electronics, automotive, and energy storage industries. The company operates three segments. The AI Terminal segment covers AI-powered mobile phones, folding-screen devices, PCs, tablets, display solutions, battery systems, thermal management, AI glasses, XR wearables, sensors, robotics, and related hardware. The Automotive and Low-Altitude Economy segment includes battery structural parts, brake modules, lidar, electronic steering systems, and carbon fiber products. The Other segment focuses on clean energy and photovoltaic storage, including micro inverters, outdoor power solutions, and related products.
68GF Score
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