Gogox Holdings (HKSE:02246) Pretax Margin %: -15.84% (As of Dec. 2025)

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HKSE:02246 Gogox Holdings Ltd HKSE:02246
64 GF Score
Price HK$1.16
GF Value HK$3.80
Valuation Possible Value Trap
! 4 Warning Signs
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What is Gogox Holdings Pretax Margin %?

Gogox Holdings HKSE:02246 64 Pretax Margin % is -15.84% as of Dec. 2025. GuruFocus rates HKSE:02246 with a GF Score™ of 64/100 and a GF Value™ of HK$3.80 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,833 Software companies, Gogox Holdings ranks worse than 78.68% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Gogox Holdings's Pre-Tax Income for the six months ended in Dec. 2025 was HK$-59.9 Mil. Gogox Holdings's Revenue for the six months ended in Dec. 2025 was HK$378.1 Mil. Therefore, Gogox Holdings's pretax margin for the quarter that ended in Dec. 2025 was -15.84%.

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

HKSE:02246' s Pretax Margin % Range Over the Past 10 Years
Min: -235.34   Med: -127.61   Max: -25.13
Current: -25.13


HKSE:02246's Pretax Margin % is ranked worse than
78.68% of 2833 companies
in the Software industry
Industry Median: 3.76 vs HKSE:02246: -25.13

Gogox Holdings  (HKSE:02246) 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.


Gogox Holdings Pretax Margin % Related Terms


Gogox Holdings Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Gogox 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.

Gogox Holdings Pretax Margin % Chart

Gogox Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial -132.04 -157.51 -146.53 -30.79 -25.18

Gogox Holdings Semi-Annual Data
Dec18 Dec19 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 -120.23 -25.91 -35.50 -34.90 -15.84

HKSE:02246 vs QH, SHOP, UBER: Pretax Margin % Comparison

For the Software - Application subindustry, Gogox 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.


Gogox Holdings Pretax Margin % vs Software Industry

For the Software industry and Technology sector, Gogox Holdings's Pretax Margin % distribution charts can be found below:

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


HKSE:02246
64GF Score
Gogox Holdings Ltd HKSE:02246
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gogox 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.

Gogox 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 )
=-186.5/740.807
=-25.18 %

Gogox 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 )
=-59.914/378.14
=-15.84 %

* 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 -15.84% mean?
Gogox Holdings (HKSE:02246) has a Pretax Margin % of -15.84% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Gogox Holdings and its competitors. According to the industry distribution chart, Gogox Holdings ranks #2229 out of 2833 companies in the Software industry, placing it in the top 78.7%.
Is Gogox Holdings' Pretax Margin % too high?
Gogox Holdings' current Pretax Margin % is -15.84%. Based on the distribution chart, Gogox Holdings ranks #2229 out of 2833 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Gogox Holdings has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gogox Holdings' Pretax Margin % compare to QH and SHOP?
According to the Software industry distribution chart, Gogox Holdings ranks #2229 out of 2833 companies for Pretax Margin %. This places Gogox Holdings in the lower half of its industry. The industry median Pretax Margin % is 3.76. 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 Software company?
The median Pretax Margin % among Software companies is 3.76, based on 2,833 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. 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 Gogox Holdings and its competitors. For the Software industry, the median Pretax Margin % is 3.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gogox Holdings's current Pretax Margin % is -15.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gogox Holdings stock overvalued right now?
Based on GuruFocus' analysis, Gogox Holdings (HKSE:02246) is currently considered Possible Value Trap. The stock's GF Value™ is HK$3.80, compared to a current price of HK$1.16 — trading 69.5% below its estimated fair value. The current Pretax Margin % is -15.84%. Gogox Holdings' overall GF Score™ is 64/100 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 Gogox Holdings (HKSE:02246), the current Pretax Margin % is -15.84% 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 Gogox Holdings (HKSE:02246) Overvalued in 2026?

Based on GuruFocus' analysis, Gogox Holdings stock appears to be undervalued. The current stock price of HK$1.16 is trading 69.5% below its estimated GF Value™ of HK$3.80. GuruFocus considers Gogox Holdings to be Possible Value Trap.

Key valuation signals for HKSE:02246:

  • Pretax Margin %: -15.84%
  • GF Value™: HK$3.80 vs. price of HK$1.16 (69.5% below fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the HKSE:02246 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gogox Holdings Business Description

Address No. 7 Rongyuan Road, Room 212, Building C, Kaide Building Complex, Huayuan Industrial Park, Binhai Hi-tech Zone, Tianjin, CHN
Gogox Holdings Ltd is an online platform for intra-city logistics services in Asia. The company operates two brands in this space, namely Kuaigou Dache in mainland China and GOGOX in other Asian countries and regions. The company's reportable segments are divided into Chinese mainland operations and Hong Kong & overseas operations. Geographically, it generates the majority of its revenue from Hong Kong.
64GF Score

Get the complete analysis for HKSE:02246

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

HK$1.16
Price
HK$3.80
GF Value