Gilston Group (HKSE:02011) Pretax Margin %: 8.57% (As of Dec. 2025)

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:02011 Gilston Group Ltd HKSE:02011
70 GF Score
Price HK$1.35
GF Value HK$1.94
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Gilston Group Pretax Margin %?

Gilston Group HKSE:02011 70 Pretax Margin % is 8.57% as of Dec. 2025. GuruFocus rates HKSE:02011 with a GF Score™ of 70/100 and a GF Value™ of HK$1.94 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,040 Manufacturing - Apparel & Accessories companies, Gilston Group ranks better than 81.73% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Gilston Group's Pre-Tax Income for the six months ended in Dec. 2025 was HK$16.2 Mil. Gilston Group's Revenue for the six months ended in Dec. 2025 was HK$188.5 Mil. Therefore, Gilston Group's pretax margin for the quarter that ended in Dec. 2025 was 8.57%.

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

HKSE:02011' s Pretax Margin % Range Over the Past 10 Years
Min: -31.69   Med: -5.79   Max: 27.16
Current: 11.71


HKSE:02011's Pretax Margin % is ranked better than
81.73% of 1040 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.54 vs HKSE:02011: 11.71

Gilston Group  (HKSE:02011) 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.


Gilston Group Pretax Margin % Related Terms


Gilston Group Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Gilston Group'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.

Gilston Group Pretax Margin % Chart

Gilston Group 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 -7.07 0.25 -26.49 19.10 11.71

Gilston Group 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 -53.41 15.02 22.89 14.74 8.57

HKSE:02011 vs RL, LEVI, VFC: Pretax Margin % Comparison

For the Apparel Manufacturing subindustry, Gilston Group'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.


Gilston Group Pretax Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gilston Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Gilston Group's Pretax Margin % falls into.


HKSE:02011
70GF Score
Gilston Group Ltd HKSE:02011
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gilston Group 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.

Gilston Group'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 )
=44.844/383.101
=11.71 %

Gilston Group'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 )
=16.15/188.486
=8.57 %

* 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 8.57% mean?
Gilston Group (HKSE:02011) has a Pretax Margin % of 8.57% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Gilston Group and its competitors. According to the industry distribution chart, Gilston Group ranks #190 out of 1040 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 18.3%.
Is Gilston Group's Pretax Margin % too high?
Gilston Group's current Pretax Margin % is 8.57%. The Manufacturing - Apparel & Accessories industry median Pretax Margin % is 3.54. Gilston Group's value of 8.57% is 142.1% above this industry median. Based on the distribution chart, Gilston Group ranks #190 out of 1040 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Gilston Group has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gilston Group's Pretax Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Gilston Group ranks #190 out of 1040 companies for Pretax Margin %. This places Gilston Group in the top 18% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.54. Gilston Group's value of 8.57% is 142.1% above this benchmark. 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 Manufacturing - Apparel & Accessories company?
The median Pretax Margin % among Manufacturing - Apparel & Accessories companies is 3.54, based on 1,040 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. Gilston Group's current Pretax Margin % of 8.57% is 142.1% 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 Gilston Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Pretax Margin % is 3.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gilston Group's current Pretax Margin % is 8.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gilston Group stock overvalued right now?
Based on GuruFocus' analysis, Gilston Group (HKSE:02011) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$1.94, compared to a current price of HK$1.35 — trading 30.4% below its estimated fair value. The current Pretax Margin % is 8.57% and 142.1% above the Manufacturing - Apparel & Accessories industry median of 3.54. Gilston Group's overall GF Score™ is 70/100 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 Gilston Group (HKSE:02011), the current Pretax Margin % is 8.57% 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 Gilston Group (HKSE:02011) Overvalued in 2026?

Based on GuruFocus' analysis, Gilston Group stock appears to be undervalued. The current stock price of HK$1.35 is trading 30.4% below its estimated GF Value™ of HK$1.94. GuruFocus considers Gilston Group to be Significantly Undervalued.

Key valuation signals for HKSE:02011:

  • Pretax Margin %: 8.57%
  • GF Value™: HK$1.94 vs. price of HK$1.35 (30.4% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 142.1% above the Manufacturing - Apparel & Accessories median (#190 of 1040)

No single metric tells the full story. See the HKSE:02011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gilston Group Business Description

Address Nine Queen’s Road Central, Suite 10A and 10B, 15th Floor, Central, Hong Kong, HKG
Gilston Group Ltd specializes in zipper design, development, production and sale. It is providing high-quality zipper products and zipper-based overall solutions for customers. The company operates in two reportable segments: Manufacture and Sales of Zippers, and Property Investment and Provision of Property Management Services. The company generates the majority of its revenue from the Manufacture and Sales of the Zippers segment. Geographically, Mainland China contributes the majority of company's revenue.
70GF Score

Get the complete analysis for HKSE:02011

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

HK$1.35
Price
HK$1.94
GF Value