Landrich Holding (HKSE:02132) Pretax Margin %: 1.20% (As of Sep. 2025) — 73% 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:02132 Landrich Holding Ltd HKSE:02132
68 GF Score
Price HK$0.17
GF Value HK$0.21
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Landrich Holding Pretax Margin %?

Landrich Holding HKSE:02132 +1.23% 68 Pretax Margin % is 1.20% as of Sep. 2025, which is 73% below its 10-year median of 4.49. GuruFocus rates HKSE:02132 with a GF Score™ of 68/100 and a GF Value™ of HK$0.21 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,764 Construction companies, Landrich Holding ranks worse than 71.32% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Landrich Holding's Pre-Tax Income for the six months ended in Sep. 2025 was HK$5 Mil. Landrich Holding's Revenue for the six months ended in Sep. 2025 was HK$454 Mil. Therefore, Landrich Holding's pretax margin for the quarter that ended in Sep. 2025 was 1.20%.

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

HKSE:02132' s Pretax Margin % Range Over the Past 10 Years
Min: 1.31   Med: 4.49   Max: 8.99
Current: 1.31


HKSE:02132's Pretax Margin % is ranked worse than
71.32% of 1764 companies
in the Construction industry
Industry Median: 5.47 vs HKSE:02132: 1.31

Landrich Holding  (HKSE:02132) 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.


Landrich Holding Pretax Margin % Related Terms


Landrich Holding Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Landrich Holding'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.

Landrich Holding Pretax Margin % Chart

Landrich Holding Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.89 4.01 2.47 1.45 1.31

Landrich Holding Semi-Annual Data
Mar16 Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 1.30 0.69 2.23 1.20 1.38

HKSE:02132 vs PWR, FIX, EME: Pretax Margin % Comparison

For the Engineering & Construction subindustry, Landrich Holding'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.


Landrich Holding Pretax Margin % vs Construction Industry

For the Construction industry and Industrials sector, Landrich Holding's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Landrich Holding's Pretax Margin % falls into.


HKSE:02132
68GF Score
Landrich Holding Ltd HKSE:02132
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Landrich Holding 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.

Landrich Holding's Pretax Margin for the fiscal year that ended in Mar. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2025 )/Revenue (A: Mar. 2025 )
=18.608/1281.121
=1.45 %

Landrich Holding's Pretax Margin for the quarter that ended in Sep. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2025 )/Revenue (Q: Sep. 2025 )
=5.461/454.189
=1.20 %

* 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 1.20% mean?
Landrich Holding (HKSE:02132) has a Pretax Margin % of 1.20% as of Sep. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Landrich Holding and its competitors. This is 73% below median its historical median of 4.49. Over the past decade, Landrich Holding's Pretax Margin % has ranged from 1.31 to 8.99. According to the industry distribution chart, Landrich Holding ranks #1258 out of 1764 companies in the Construction industry, placing it in the top 71.3%.
Is Landrich Holding's Pretax Margin % too high?
Landrich Holding's current Pretax Margin % of 1.20% is 73% below median its 10-year median of 4.49. Over the past 10 years, this metric has ranged from a low of 1.31 to a high of 8.99. The Construction industry median Pretax Margin % is 5.47. Landrich Holding's value of 1.20% is 78.1% below this industry median. Based on the distribution chart, Landrich Holding ranks #1258 out of 1764 companies in the Construction industry, which is below the industry midpoint. Overall, Landrich Holding has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Landrich Holding's Pretax Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Landrich Holding ranks #1258 out of 1764 companies for Pretax Margin %. This places Landrich Holding in the lower half of its industry. The industry median Pretax Margin % is 5.47. Landrich Holding's value of 1.20% is 78.1% below this benchmark. Historically, Landrich Holding's own Pretax Margin % has ranged from 1.31 to 8.99 over the past decade. While the company's 10-year median is 4.49 vs. the industry median of 5.47, Landrich Holding 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 1,764 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. Landrich Holding's current Pretax Margin % of 1.20% is 78.1% 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 Landrich Holding 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. Landrich Holding's current Pretax Margin % is 1.20%, which is 73% below median its own 10-year median of 4.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Landrich Holding stock overvalued right now?
Based on GuruFocus' analysis, Landrich Holding (HKSE:02132) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.21, compared to a current price of HK$0.17 — trading 21.4% below its estimated fair value. The current Pretax Margin % is 1.20%, which is 73% below median its 10-year median of 4.49 and 78.1% below the Construction industry median of 5.47. Landrich Holding's overall GF Score™ is 68/100 with 4 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 Landrich Holding (HKSE:02132), the current Pretax Margin % is 1.20% as of Sep. 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 Landrich Holding (HKSE:02132) Overvalued in 2026?

Based on GuruFocus' analysis, Landrich Holding stock appears to be undervalued. The current stock price of HK$0.17 is trading 21.4% below its estimated GF Value™ of HK$0.21. GuruFocus considers Landrich Holding to be Modestly Undervalued.

Key valuation signals for HKSE:02132:

  • Pretax Margin %: 1.20% (73% below median its 10-year median of 4.49)
  • GF Value™: HK$0.21 vs. price of HK$0.17 (21.4% below fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 78.1% below the Construction median (#1258 of 1764)

No single metric tells the full story. See the HKSE:02132 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Landrich Holding Business Description

Address 362 Sha Tsui Road, Unit 6, 18th Floor, Fortune Commercial Building, Tsuen Wan, New Territories, Hong Kong, HKG
Landrich Holding Ltd is a construction company. It undertakes civil engineering works as either a main contractor or a subcontractor. The civil engineering projects can be broadly classified as roads and drainage works and site formation works. Further the company is also involved in the building works.
68GF Score

Get the complete analysis for HKSE:02132

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

HK$0.17
Price
HK$0.21
GF Value