E-Commodities Holdings (HKSE:01733) Pretax Margin %: 1.75% (As of Dec. 2025) — 54% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

HKSE:01733 E-Commodities Holdings Ltd HKSE:01733
47 GF Score
Price HK$0.66
GF Value HK$0.84
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is E-Commodities Holdings Pretax Margin %?

E-Commodities Holdings HKSE:01733 -1.49% 47 Pretax Margin % is 1.75% as of Dec. 2025, which is 54% below its 10-year median of 3.83. GuruFocus rates HKSE:01733 with a GF Score™ of 47/100 and a GF Value™ of HK$0.84 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 130 Other Energy Sources companies, E-Commodities Holdings ranks worse than 67.69% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. E-Commodities Holdings's Pre-Tax Income for the six months ended in Dec. 2025 was HK$220 Mil. E-Commodities Holdings's Revenue for the six months ended in Dec. 2025 was HK$12,569 Mil. Therefore, E-Commodities Holdings's pretax margin for the quarter that ended in Dec. 2025 was 1.75%.

The historical rank and industry rank for E-Commodities Holdings's Pretax Margin % or its related term are showing as below:

HKSE:01733' s Pretax Margin % Range Over the Past 10 Years
Min: 1.08   Med: 3.83   Max: 21.97
Current: 1.27


HKSE:01733's Pretax Margin % is ranked worse than
67.69% of 130 companies
in the Other Energy Sources industry
Industry Median: 5.99 vs HKSE:01733: 1.27

E-Commodities Holdings  (HKSE:01733) 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.


E-Commodities Holdings Pretax Margin % Related Terms


E-Commodities Holdings Pretax Margin % Historical Data

* Premium members only.

The historical data trend for E-Commodities 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.

E-Commodities Holdings Pretax Margin % Chart

E-Commodities 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 9.88 5.92 6.56 2.76 1.27

E-Commodities 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 7.20 4.73 0.73 0.80 1.75

E-Commodities Holdings Pretax Margin % Competitor Comparison

For the Thermal Coal subindustry, E-Commodities 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.


E-Commodities Holdings Pretax Margin % vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, E-Commodities Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where E-Commodities Holdings's Pretax Margin % falls into.


HKSE:01733
47GF Score
E-Commodities Holdings Ltd HKSE:01733
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

E-Commodities 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.

E-Commodities 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 )
=320.978/25241.324
=1.27 %

E-Commodities 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 )
=219.836/12569.099
=1.75 %

* 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 1.75% mean?
E-Commodities Holdings (HKSE:01733) has a Pretax Margin % of 1.75% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on E-Commodities Holdings and its competitors. This is 54% below median its historical median of 3.83. Over the past decade, E-Commodities Holdings' Pretax Margin % has ranged from 1.08 to 21.97. According to the industry distribution chart, E-Commodities Holdings ranks #88 out of 130 companies in the Other Energy Sources industry, placing it in the top 67.7%.
Is E-Commodities Holdings' Pretax Margin % too high?
E-Commodities Holdings' current Pretax Margin % of 1.75% is 54% below median its 10-year median of 3.83. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 21.97. The Other Energy Sources industry median Pretax Margin % is 5.99. E-Commodities Holdings' value of 1.75% is 70.8% below this industry median. Based on the distribution chart, E-Commodities Holdings ranks #88 out of 130 companies in the Other Energy Sources industry, which is below the industry midpoint. Overall, E-Commodities Holdings has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does E-Commodities Holdings' Pretax Margin % compare to competitors?
According to the Other Energy Sources industry distribution chart, E-Commodities Holdings ranks #88 out of 130 companies for Pretax Margin %. This places E-Commodities Holdings in the lower half of its industry. The industry median Pretax Margin % is 5.99. E-Commodities Holdings' value of 1.75% is 70.8% below this benchmark. Historically, E-Commodities Holdings' own Pretax Margin % has ranged from 1.08 to 21.97 over the past decade. While the company's 10-year median is 3.83 vs. the industry median of 5.99, E-Commodities Holdings 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 an Other Energy Sources company?
The median Pretax Margin % among Other Energy Sources companies is 5.99, based on 130 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. E-Commodities Holdings's current Pretax Margin % of 1.75% is 70.8% 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 E-Commodities Holdings and its competitors. For the Other Energy Sources industry, the median Pretax Margin % is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. E-Commodities Holdings's current Pretax Margin % is 1.75%, which is 54% below median its own 10-year median of 3.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E-Commodities Holdings stock overvalued right now?
Based on GuruFocus' analysis, E-Commodities Holdings (HKSE:01733) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.84, compared to a current price of HK$0.66 — trading 21.4% below its estimated fair value. The current Pretax Margin % is 1.75%, which is 54% below median its 10-year median of 3.83 and 70.8% below the Other Energy Sources industry median of 5.99. E-Commodities Holdings' overall GF Score™ is 47/100 with 9 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 E-Commodities Holdings (HKSE:01733), the current Pretax Margin % is 1.75% 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 E-Commodities Holdings (HKSE:01733) Overvalued in 2026?

Based on GuruFocus' analysis, E-Commodities Holdings stock appears to be undervalued. The current stock price of HK$0.66 is trading 21.4% below its estimated GF Value™ of HK$0.84. GuruFocus considers E-Commodities Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:01733:

  • Pretax Margin %: 1.75% (54% below median its 10-year median of 3.83)
  • GF Value™: HK$0.84 vs. price of HK$0.66 (21.4% below fair value)
  • GF Score™: 47/100 with 9 warning signs
  • Industry Position: 70.8% below the Other Energy Sources median (#88 of 130)

No single metric tells the full story. See the HKSE:01733 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


E-Commodities Holdings Business Description

Other Exchanges WWY1:Germany
Address 258 Haojiang Road, 19th Floor, Sinoport Plaza, Guangdong-Macao In-Depth Cooperation, Zone in Hengqin, Zhuhai, CHN, 519031
E-Commodities Holdings Ltd is principally engaged in the trading of coal and other products and the rendering of integrated supply chain services. The Group has two reportable segments, Trading of coal and other products, and Rendering of integrated supply chain services. The company generates majority of revenue from Trading of coal and other products this segment generates income from trading of coal and other products to external customers. It has presence in The PRC (including Hong Kong, Macau and Taiwan), Indonesia, Mongolia, Malaysia, South Korea, Vietnam, India, Canada, Japan, and Others Of which majority of revenue comes from PRC.
47GF Score

Get the complete analysis for HKSE:01733

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

HK$0.66
Price
HK$0.84
GF Value