Tsit Wing International Holdings (HKSE:02119) Pretax Margin %: 4.96% (As of Dec. 2025) — 46% 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:02119 Tsit Wing International Holdings Ltd HKSE:02119
62 GF Score
Price HK$0.46
GF Value HK$0.65
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Tsit Wing International Holdings Pretax Margin %?

Tsit Wing International Holdings HKSE:02119 62 Pretax Margin % is 4.96% as of Dec. 2025, which is 46% below its 10-year median of 9.25. GuruFocus rates HKSE:02119 with a GF Score™ of 62/100 and a GF Value™ of HK$0.65 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 116 Beverages - Non-Alcoholic companies, Tsit Wing International Holdings ranks worse than 61.21% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Tsit Wing International Holdings's Pre-Tax Income for the six months ended in Dec. 2025 was HK$20.3 Mil. Tsit Wing International Holdings's Revenue for the six months ended in Dec. 2025 was HK$408.7 Mil. Therefore, Tsit Wing International Holdings's pretax margin for the quarter that ended in Dec. 2025 was 4.96%.

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

HKSE:02119' s Pretax Margin % Range Over the Past 10 Years
Min: 4.61   Med: 9.25   Max: 14.37
Current: 6.34


HKSE:02119's Pretax Margin % is ranked worse than
61.21% of 116 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 8.995 vs HKSE:02119: 6.34

Tsit Wing International Holdings  (HKSE:02119) 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.


Tsit Wing International Holdings Pretax Margin % Related Terms


Tsit Wing International Holdings Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Tsit Wing International 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.

Tsit Wing International Holdings Pretax Margin % Chart

Tsit Wing International Holdings Annual Data
Trend Dec12 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.12 8.22 8.09 10.27 6.34

Tsit Wing International Holdings Semi-Annual Data
Jun12 Dec12 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 8.78 12.91 7.78 7.83 4.96

HKSE:02119 vs KO, PEP, MNST: Pretax Margin % Comparison

For the Beverages - Non-Alcoholic subindustry, Tsit Wing International 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.


Tsit Wing International Holdings Pretax Margin % vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Tsit Wing International Holdings's Pretax Margin % distribution charts can be found below:

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


HKSE:02119
62GF Score
Tsit Wing International Holdings Ltd HKSE:02119
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tsit Wing International 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.

Tsit Wing International 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 )
=50.045/789.157
=6.34 %

Tsit Wing International 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 )
=20.259/408.73
=4.96 %

* 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 4.96% mean?
Tsit Wing International Holdings (HKSE:02119) has a Pretax Margin % of 4.96% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Tsit Wing International Holdings and its competitors. This is 46% below median its historical median of 9.25. Over the past decade, Tsit Wing International Holdings' Pretax Margin % has ranged from 4.61 to 14.37. According to the industry distribution chart, Tsit Wing International Holdings ranks #71 out of 116 companies in the Beverages - Non-Alcoholic industry, placing it in the top 61.2%.
Is Tsit Wing International Holdings' Pretax Margin % too high?
Tsit Wing International Holdings' current Pretax Margin % of 4.96% is 46% below median its 10-year median of 9.25. Over the past 10 years, this metric has ranged from a low of 4.61 to a high of 14.37. The Beverages - Non-Alcoholic industry median Pretax Margin % is 9.00. Tsit Wing International Holdings' value of 4.96% is 44.9% below this industry median. Based on the distribution chart, Tsit Wing International Holdings ranks #71 out of 116 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, Tsit Wing International Holdings has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tsit Wing International Holdings' Pretax Margin % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Tsit Wing International Holdings ranks #71 out of 116 companies for Pretax Margin %. This places Tsit Wing International Holdings in the lower half of its industry. The industry median Pretax Margin % is 9.00. Tsit Wing International Holdings' value of 4.96% is 44.9% below this benchmark. Historically, Tsit Wing International Holdings' own Pretax Margin % has ranged from 4.61 to 14.37 over the past decade. While the company's 10-year median is 9.25 vs. the industry median of 9.00, Tsit Wing International 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 Beverages - Non-Alcoholic company?
The median Pretax Margin % among Beverages - Non-Alcoholic companies is 9.00, based on 116 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. Tsit Wing International Holdings's current Pretax Margin % of 4.96% is 44.9% 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 Tsit Wing International Holdings and its competitors. For the Beverages - Non-Alcoholic industry, the median Pretax Margin % is 9.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsit Wing International Holdings's current Pretax Margin % is 4.96%, which is 46% below median its own 10-year median of 9.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsit Wing International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tsit Wing International Holdings (HKSE:02119) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.65, compared to a current price of HK$0.46 — trading 29.2% below its estimated fair value. The current Pretax Margin % is 4.96%, which is 46% below median its 10-year median of 9.25 and 44.9% below the Beverages - Non-Alcoholic industry median of 9.00. Tsit Wing International Holdings' overall GF Score™ is 62/100 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 Tsit Wing International Holdings (HKSE:02119), the current Pretax Margin % is 4.96% 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 Tsit Wing International Holdings (HKSE:02119) Overvalued in 2026?

Based on GuruFocus' analysis, Tsit Wing International Holdings stock appears to be undervalued. The current stock price of HK$0.46 is trading 29.2% below its estimated GF Value™ of HK$0.65. GuruFocus considers Tsit Wing International Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:02119:

  • Pretax Margin %: 4.96% (46% below median its 10-year median of 9.25)
  • GF Value™: HK$0.65 vs. price of HK$0.46 (29.2% below fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 44.9% below the Beverages - Non-Alcoholic median (#71 of 116)

No single metric tells the full story. See the HKSE:02119 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tsit Wing International Holdings Business Description

Address 15-33 Kwai Tak Street, Flats F-J, 11th Floor, Block 1, Kwai Tak Industrial Centre, Kwai Chung, New Territories, Hong Kong, HKG
Tsit Wing International Holdings Ltd is an investment holding company which, through its subsidiaries, mainly engages in the processing and distribution of coffee, tea, and related complementary products and services, the distribution of frozen food, and the sale of coffee and tea machines along with the provision of coffee and tea machine solutions, which generates maximum revenue. The company generates maximum revenue from Hong Kong.
62GF Score

Get the complete analysis for HKSE:02119

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

HK$0.46
Price
HK$0.65
GF Value