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.
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.
USAS Building System (Shanghai) CoHKSE:02671 19 Pretax Margin % is 0.24% as of Dec. 2025, which is 96% below its 10-year median of 5.43. GuruFocus rates HKSE:02671 with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 1,756 Real Estate companies, USAS Building System (Shanghai) Co ranks worse than 65.38% on this metric.
USAS Building System (Shanghai) Co (HKSE:02671) 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.
USAS Building System (Shanghai) Co Pretax Margin % Related Terms
USAS Building System (Shanghai) Co 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.
USAS Building System (Shanghai) Co Pretax Margin % Chart
USAS Building System (Shanghai) Co Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Pretax Margin %
5.86
5.68
5.17
3.41
USAS Building System (Shanghai) Co Semi-Annual Data
USAS Building System (Shanghai) Co Pretax Margin % Competitor Comparison
For the Real Estate - Development subindustry, USAS Building System (Shanghai) Co'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.
USAS Building System (Shanghai) Co Pretax Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, USAS Building System (Shanghai) Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where USAS Building System (Shanghai) Co'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.
USAS Building System (Shanghai) Co (HKSE:02671) has a Pretax Margin % of 0.24% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on USAS Building System (Shanghai) Co and its competitors. This is 96% below median its historical median of 5.43. Over the past decade, USAS Building System (Shanghai) Co's Pretax Margin % has ranged from 3.40 to 5.86. According to the industry distribution chart, USAS Building System (Shanghai) Co ranks #1148 out of 1756 companies in the Real Estate industry, placing it in the top 65.4%.
Is USAS Building System (Shanghai) Co's Pretax Margin % too high?
USAS Building System (Shanghai) Co's current Pretax Margin % of 0.24% is 96% below median its 10-year median of 5.43. Over the past 10 years, this metric has ranged from a low of 3.40 to a high of 5.86. The Real Estate industry median Pretax Margin % is 12.22. USAS Building System (Shanghai) Co's value of 0.24% is 98% below this industry median. Based on the distribution chart, USAS Building System (Shanghai) Co ranks #1148 out of 1756 companies in the Real Estate industry, which is below the industry midpoint. Overall, USAS Building System (Shanghai) Co has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does USAS Building System (Shanghai) Co's Pretax Margin % compare to competitors?
According to the Real Estate industry distribution chart, USAS Building System (Shanghai) Co ranks #1148 out of 1756 companies for Pretax Margin %. This places USAS Building System (Shanghai) Co in the lower half of its industry. The industry median Pretax Margin % is 12.22. USAS Building System (Shanghai) Co's value of 0.24% is 98% below this benchmark. Historically, USAS Building System (Shanghai) Co's own Pretax Margin % has ranged from 3.40 to 5.86 over the past decade. While the company's 10-year median is 5.43 vs. the industry median of 12.22, USAS Building System (Shanghai) Co 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 Real Estate company?
The median Pretax Margin % among Real Estate companies is 12.22, based on 1,756 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. USAS Building System (Shanghai) Co's current Pretax Margin % of 0.24% is 98% 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 USAS Building System (Shanghai) Co and its competitors. For the Real Estate industry, the median Pretax Margin % is 12.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. USAS Building System (Shanghai) Co's current Pretax Margin % is 0.24%, which is 96% below median its own 10-year median of 5.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is USAS Building System (Shanghai) Co stock overvalued right now?
USAS Building System (Shanghai) Co (HKSE:02671) has a current Pretax Margin % of 0.24%. The current Pretax Margin % is 0.24%, which is 96% below median its 10-year median of 5.43 and 98% below the Real Estate industry median of 12.22. USAS Building System (Shanghai) Co's overall GF Score™ is 19/100 with 2 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 USAS Building System (Shanghai) Co (HKSE:02671), the current Pretax Margin % is 0.24% 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.
USAS Building System (Shanghai) Co Ltd is engaged in prefabricated steel structure building (PS Building). The Company is an integrated prefabricated steel structure building subcontracting service provider in the industrial sector of the PS building market. It offers integrated services for construction projects across industries, covering project design and optimization, procurement, manufacturing and installation. The Company is mainly engaged in the construction of PS buildings in the PRC, and to a lesser extent, overseas. Its business categories are PS building subcontracting services generate maximum revenue, general contracting services, and industrial environmental equipment. The Company generates maximum revenue from Mainland China.
19GF Score
Get the complete analysis for HKSE:02671
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:02671 has been successfully added to your 
