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Wecon HoldingsHKSE:01793 55 Pretax Margin % is 0.87% as of Mar. 2026, which is 48% below its 10-year median of 1.67. GuruFocus rates HKSE:01793 with a GF Score™ of 55/100 and a GF Value™ of HK$0.19 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,768 Construction companies, Wecon Holdings ranks worse than 72.45% on this metric.
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.
Wecon Holdings Pretax Margin % Related Terms
Wecon Holdings Pretax Margin % Historical Data
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The historical data trend for Wecon 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.
HKSE:01793 vs PWR, FIX, EME: Pretax Margin % Comparison
For the Engineering & Construction subindustry, Wecon 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.
Wecon Holdings Pretax Margin % vs Construction Industry
For the Construction industry and Industrials sector, Wecon Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Wecon Holdings'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.
Wecon Holdings (HKSE:01793) has a Pretax Margin % of 0.87% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Wecon Holdings and its competitors. This is 48% below median its historical median of 1.67. Over the past decade, Wecon Holdings' Pretax Margin % has ranged from 0.59 to 5.28. According to the industry distribution chart, Wecon Holdings ranks #1281 out of 1768 companies in the Construction industry, placing it in the top 72.5%.
Is Wecon Holdings' Pretax Margin % too high?
Wecon Holdings' current Pretax Margin % of 0.87% is 48% below median its 10-year median of 1.67. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 5.28. The Construction industry median Pretax Margin % is 5.47. Wecon Holdings' value of 0.87% is 84.1% below this industry median. Based on the distribution chart, Wecon Holdings ranks #1281 out of 1768 companies in the Construction industry, which is below the industry midpoint. Overall, Wecon Holdings has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wecon Holdings' Pretax Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Wecon Holdings ranks #1281 out of 1768 companies for Pretax Margin %. This places Wecon Holdings in the lower half of its industry. The industry median Pretax Margin % is 5.47. Wecon Holdings' value of 0.87% is 84.1% below this benchmark. Historically, Wecon Holdings' own Pretax Margin % has ranged from 0.59 to 5.28 over the past decade. While the company's 10-year median is 1.67 vs. the industry median of 5.47, Wecon 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 a Construction company?
The median Pretax Margin % among Construction companies is 5.47, based on 1,768 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. Wecon Holdings's current Pretax Margin % of 0.87% is 84.1% 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 Wecon Holdings and its competitors. For the Construction industry, the median Pretax Margin % is 5.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wecon Holdings's current Pretax Margin % is 0.87%, which is 48% below median its own 10-year median of 1.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wecon Holdings stock overvalued right now?
Based on GuruFocus' analysis, Wecon Holdings (HKSE:01793) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.19, compared to a current price of HK$0.82 — trading 331.6% above its estimated fair value. The current Pretax Margin % is 0.87%, which is 48% below median its 10-year median of 1.67 and 84.1% below the Construction industry median of 5.47. Wecon Holdings' overall GF Score™ is 55/100 with 10 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 Wecon Holdings (HKSE:01793), the current Pretax Margin % is 0.87% 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 Wecon Holdings (HKSE:01793) Overvalued in 2026?
Based on GuruFocus' analysis, Wecon Holdings stock appears to be overvalued.
The current stock price of HK$0.82 is trading 331.6% above its estimated GF Value™ of HK$0.19.
GuruFocus considers Wecon Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:01793:
Pretax Margin %: 0.87% (48% below median its 10-year median of 1.67)
GF Value™: HK$0.19 vs. price of HK$0.82 (331.6% above fair value)
Industry Position: 84.1% below the Construction median (#1281 of 1768)
No single metric tells the full story. See the HKSE:01793 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wecon Holdings Ltd is an investment holding company. The company's operating segment includes Construction contracts and RMAA works services. The Construction contracts services provided by the group consist of building works for new buildings, including residential, commercial, and industrial buildings. Its RMAA works services include the general upkeep, maintenance, improvement, refurbishment, alteration, and addition of existing facilities and components of buildings and their surroundings. It generates maximum revenue from the Construction contracts segment. Geographically, it derives revenue from Hong Kong.
55GF Score
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