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Tian Chang Group HoldingsHKSE:02182 50 Pretax Margin % is 0.39% as of Dec. 2025, which is 96% below its 10-year median of 9.08. GuruFocus rates HKSE:02182 with a GF Score™ of 50/100 and a GF Value™ of HK$0.27 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 542 Conglomerates companies, Tian Chang Group Holdings ranks worse than 80.44% on this metric.
Tian Chang Group Holdings (HKSE:02182) 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.
Tian Chang Group Holdings Pretax Margin % Related Terms
Tian Chang Group Holdings 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.
HKSE:02182 vs MMM, HON: Pretax Margin % Comparison
For the Conglomerates subindustry, Tian Chang Group 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.
Tian Chang Group Holdings Pretax Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Tian Chang Group Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Tian Chang Group Holdings'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.
Tian Chang Group Holdings (HKSE:02182) has a Pretax Margin % of 0.39% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Tian Chang Group Holdings and its competitors. This is 96% below median its historical median of 9.08. According to the industry distribution chart, Tian Chang Group Holdings ranks #436 out of 542 companies in the Conglomerates industry, placing it in the top 80.4%.
Is Tian Chang Group Holdings' Pretax Margin % too high?
Tian Chang Group Holdings' current Pretax Margin % of 0.39% is 96% below median its 10-year median of 9.08. The Conglomerates industry median Pretax Margin % is 6.77. Tian Chang Group Holdings' value of 0.39% is 94.2% below this industry median. Based on the distribution chart, Tian Chang Group Holdings ranks #436 out of 542 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Tian Chang Group Holdings has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tian Chang Group Holdings' Pretax Margin % compare to MMM and HON?
According to the Conglomerates industry distribution chart, Tian Chang Group Holdings ranks #436 out of 542 companies for Pretax Margin %. This places Tian Chang Group Holdings in the lower half of its industry. The industry median Pretax Margin % is 6.77. Tian Chang Group Holdings' value of 0.39% is 94.2% below this benchmark. While the company's 10-year median is 9.08 vs. the industry median of 6.77, Tian Chang Group 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 Conglomerates company?
The median Pretax Margin % among Conglomerates companies is 6.77, based on 542 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. Tian Chang Group Holdings's current Pretax Margin % of 0.39% is 94.2% 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 Tian Chang Group Holdings and its competitors. For the Conglomerates industry, the median Pretax Margin % is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tian Chang Group Holdings's current Pretax Margin % is 0.39%, which is 96% below median its own 10-year median of 9.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tian Chang Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tian Chang Group Holdings (HKSE:02182) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.27, compared to a current price of HK$0.32 — trading 16.7% above its estimated fair value. The current Pretax Margin % is 0.39%, which is 96% below median its 10-year median of 9.08 and 94.2% below the Conglomerates industry median of 6.77. Tian Chang Group Holdings' overall GF Score™ is 50/100 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 Tian Chang Group Holdings (HKSE:02182), the current Pretax Margin % is 0.39% 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 Tian Chang Group Holdings (HKSE:02182) Overvalued in 2026?
Based on GuruFocus' analysis, Tian Chang Group Holdings stock appears to be overvalued.
The current stock price of HK$0.32 is trading 16.7% above its estimated GF Value™ of HK$0.27.
GuruFocus considers Tian Chang Group Holdings to be Modestly Overvalued.
Key valuation signals for HKSE:02182:
Pretax Margin %: 0.39% (96% below median its 10-year median of 9.08)
GF Value™: HK$0.27 vs. price of HK$0.32 (16.7% above fair value)
Industry Position: 94.2% below the Conglomerates median (#436 of 542)
No single metric tells the full story. See the HKSE:02182 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tian Chang Group Holdings Ltd is principally engaged in the manufacturing and sales of electronic cigarette products and providing integrated plastic solutions in Hong Kong and the PRC. It operates in the segments of the Integrated plastic solutions segment, the Electronic cigarette products segment, and the Medical consumable products segment. The E-cigarette products segment involves the manufacture and sales of e-cigarette products, whereas the Integrated plastic solutions segment consists of the manufacture and sales of moulds and plastic products. The company derives key revenue from the PRC.
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