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Leadway Technology Investment Group (HKSE:02086) 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.
Leadway Technology Investment Group Pretax Margin % Related Terms
Leadway Technology Investment Group 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.
Leadway Technology Investment Group Pretax Margin % Chart
HKSE:02086 vs ALLE, MSA, ADT: Pretax Margin % Comparison
For the Security & Protection Services subindustry, Leadway Technology Investment 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.
Leadway Technology Investment Group Pretax Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, Leadway Technology Investment Group's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Leadway Technology Investment Group'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.
Leadway Technology Investment Group (HKSE:02086) has a Pretax Margin % of 0.26% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Leadway Technology Investment Group and its competitors. According to the industry distribution chart, Leadway Technology Investment Group ranks #890 out of 1071 companies in the Business Services industry, placing it in the top 83.1%.
Is Leadway Technology Investment Group's Pretax Margin % too high?
Leadway Technology Investment Group's current Pretax Margin % is 0.26%. The Business Services industry median Pretax Margin % is 5.37. Leadway Technology Investment Group's value of 0.26% is 95.2% below this industry median. Based on the distribution chart, Leadway Technology Investment Group ranks #890 out of 1071 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Leadway Technology Investment Group has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Leadway Technology Investment Group's Pretax Margin % compare to ALLE and MSA?
According to the Business Services industry distribution chart, Leadway Technology Investment Group ranks #890 out of 1071 companies for Pretax Margin %. This places Leadway Technology Investment Group in the lower half of its industry. The industry median Pretax Margin % is 5.37. Leadway Technology Investment Group's value of 0.26% is 95.2% below 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 Business Services company?
The median Pretax Margin % among Business Services companies is 5.37, based on 1,071 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. Leadway Technology Investment Group's current Pretax Margin % of 0.26% is 95.2% 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 Leadway Technology Investment Group and its competitors. For the Business Services industry, the median Pretax Margin % is 5.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leadway Technology Investment Group's current Pretax Margin % is 0.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leadway Technology Investment Group stock overvalued right now?
Based on GuruFocus' analysis, Leadway Technology Investment Group (HKSE:02086) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.57, compared to a current price of HK$0.50 — trading 12.3% below its estimated fair value. The current Pretax Margin % is 0.26% and 95.2% below the Business Services industry median of 5.37. Leadway Technology Investment Group's overall GF Score™ is 43/100 with 1 warning sign 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 Leadway Technology Investment Group (HKSE:02086), the current Pretax Margin % is 0.26% 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 Leadway Technology Investment Group (HKSE:02086) Overvalued in 2026?
Based on GuruFocus' analysis, Leadway Technology Investment Group stock appears to be undervalued.
The current stock price of HK$0.50 is trading 12.3% below its estimated GF Value™ of HK$0.57.
GuruFocus considers Leadway Technology Investment Group to be Modestly Undervalued.
Key valuation signals for HKSE:02086:
Pretax Margin %: 0.26%
GF Value™: HK$0.57 vs. price of HK$0.50 (12.3% below fair value)
Industry Position: 95.2% below the Business Services median (#890 of 1071)
No single metric tells the full story. See the HKSE:02086 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leadway Technology Investment Group Ltd is an investment holding company. It is smart card reader supplier and is into the research and development of smart card operating systems and readers. It constantly offers a wide range of new products and promotes the application of smart cards in different areas. The principal activities of the Group are the development, sales and distribution of smart card products, software and hardware and the provision of smart card related services. The company has only one operating segment. The company has presence in Europe, Asia Pacific, The Americas, and Middle East and Africa. The company generates majority of revenue from Asia Pacific.
43GF Score
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