Zero2IPO Holdings (HKSE:01945) Pretax Margin %: 56.73% (As of Dec. 2025) — 203% Above Median

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HKSE:01945 Zero2IPO Holdings Inc HKSE:01945
87 GF Score
Price HK$1.51
GF Value HK$1.63
Valuation Fairly Valued
! 2 Warning Signs
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What is Zero2IPO Holdings Pretax Margin %?

Zero2IPO Holdings HKSE:01945 -0.66% 87 Pretax Margin % is 56.73% as of Dec. 2025, which is 203% above its 10-year median of 18.74. GuruFocus rates HKSE:01945 with a GF Score™ of 87/100 and a GF Value™ of HK$1.63 (Fairly Valued). The stock has 2 warning signs investors should review. Among 105 Diversified Financial Services companies, Zero2IPO Holdings ranks better than 80.95% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Zero2IPO Holdings's Pre-Tax Income for the six months ended in Dec. 2025 was HK$110.4 Mil. Zero2IPO Holdings's Revenue for the six months ended in Dec. 2025 was HK$194.6 Mil. Therefore, Zero2IPO Holdings's pretax margin for the quarter that ended in Dec. 2025 was 56.73%.

The historical rank and industry rank for Zero2IPO Holdings's Pretax Margin % or its related term are showing as below:

HKSE:01945' s Pretax Margin % Range Over the Past 10 Years
Min: 8.68   Med: 18.74   Max: 37.11
Current: 37.11


HKSE:01945's Pretax Margin % is ranked better than
80.95% of 105 companies
in the Diversified Financial Services industry
Industry Median: 11.11 vs HKSE:01945: 37.11

Zero2IPO Holdings  (HKSE:01945) 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.


Zero2IPO Holdings Pretax Margin % Related Terms


Zero2IPO Holdings Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Zero2IPO 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.

Zero2IPO Holdings Pretax Margin % Chart

Zero2IPO Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only 8.68 10.74 8.81 8.86 36.95

Zero2IPO Holdings Semi-Annual Data
Dec17 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 22.59 -13.27 22.16 -25.49 56.73

HKSE:01945 vs FRHC, VOYA: Pretax Margin % Comparison

For the Financial Conglomerates subindustry, Zero2IPO 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.


Zero2IPO Holdings Pretax Margin % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Zero2IPO Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Zero2IPO Holdings's Pretax Margin % falls into.


HKSE:01945
87GF Score
Zero2IPO Holdings Inc HKSE:01945
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zero2IPO 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.

Zero2IPO 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 )
=94.694/256.298
=36.95 %

Zero2IPO 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 )
=110.412/194.629
=56.73 %

* 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 56.73% mean?
Zero2IPO Holdings (HKSE:01945) has a Pretax Margin % of 56.73% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Zero2IPO Holdings and its competitors. This is 203% above median its historical median of 18.74. Over the past decade, Zero2IPO Holdings' Pretax Margin % has ranged from 8.68 to 37.11. According to the industry distribution chart, Zero2IPO Holdings ranks #20 out of 105 companies in the Diversified Financial Services industry, placing it in the top 19%.
Is Zero2IPO Holdings' Pretax Margin % too high?
Zero2IPO Holdings' current Pretax Margin % of 56.73% is 203% above median its 10-year median of 18.74. Over the past 10 years, this metric has ranged from a low of 8.68 to a high of 37.11. The Diversified Financial Services industry median Pretax Margin % is 11.11. Zero2IPO Holdings' value of 56.73% is 410.6% above this industry median. Based on the distribution chart, Zero2IPO Holdings ranks #20 out of 105 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, Zero2IPO Holdings has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zero2IPO Holdings' Pretax Margin % compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, Zero2IPO Holdings ranks #20 out of 105 companies for Pretax Margin %. This places Zero2IPO Holdings in the top 19% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 11.11. Zero2IPO Holdings' value of 56.73% is 410.6% above this benchmark. Historically, Zero2IPO Holdings' own Pretax Margin % has ranged from 8.68 to 37.11 over the past decade. While the company's 10-year median is 18.74 vs. the industry median of 11.11, Zero2IPO Holdings has consistently been above 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 Diversified Financial Services company?
The median Pretax Margin % among Diversified Financial Services companies is 11.11, based on 105 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. Zero2IPO Holdings's current Pretax Margin % of 56.73% is 410.6% 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 Zero2IPO Holdings and its competitors. For the Diversified Financial Services industry, the median Pretax Margin % is 11.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zero2IPO Holdings's current Pretax Margin % is 56.73%, which is 203% above median its own 10-year median of 18.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zero2IPO Holdings stock overvalued right now?
Based on GuruFocus' analysis, Zero2IPO Holdings (HKSE:01945) is currently considered Fairly Valued. The stock's GF Value™ is HK$1.63, compared to a current price of HK$1.51 — trading 7.4% below its estimated fair value. The current Pretax Margin % is 56.73%, which is 203% above median its 10-year median of 18.74 and 410.6% above the Diversified Financial Services industry median of 11.11. Zero2IPO Holdings' overall GF Score™ is 87/100 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 Zero2IPO Holdings (HKSE:01945), the current Pretax Margin % is 56.73% 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 Zero2IPO Holdings (HKSE:01945) Overvalued in 2026?

Based on GuruFocus' analysis, Zero2IPO Holdings stock appears to be undervalued. The current stock price of HK$1.51 is trading 7.4% below its estimated GF Value™ of HK$1.63. GuruFocus considers Zero2IPO Holdings to be Fairly Valued.

Key valuation signals for HKSE:01945:

  • Pretax Margin %: 56.73% (203% above median its 10-year median of 18.74)
  • GF Value™: HK$1.63 vs. price of HK$1.51 (7.4% below fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 410.6% above the Diversified Financial Services median (#20 of 105)

No single metric tells the full story. See the HKSE:01945 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zero2IPO Holdings Business Description

Address No.40 Xiaoyun Road, Units 2101-2109, Air China Century Building, Building No.1, Chaoyang District, Beijing, CHN, 100600
Zero2IPO Holdings Inc is an integrated service platform for the equity investment industry. It provides data, marketing, consulting, and training services to participants in the equity investment industry. Its segment includes Data services that focus on providing information data and research reports; Marketing services that focuses on providing information, industry exchanges, and brand promotion; Investment Banking Services for the venture capital industry; Training services that focus on talent training in the venture capital industry and provide professional entrepreneurship and investment training services. The majority of the revenue comes from the Investment Banking Services. Geographically, the company generates almost all of its revenue from PRC.
87GF Score

Get the complete analysis for HKSE:01945

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

HK$1.51
Price
HK$1.63
GF Value