Win Hanverky Holdings (HKSE:03322) Pretax Margin %: 2.20% (As of Dec. 2025) — 201% Above 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:03322 Win Hanverky Holdings Ltd HKSE:03322
36 GF Score
Price HK$0.19
GF Value HK$0.17
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Win Hanverky Holdings Pretax Margin %?

Win Hanverky Holdings HKSE:03322 +2.70% 36 Pretax Margin % is 2.20% as of Dec. 2025, which is 201% above its 10-year median of 0.73. GuruFocus rates HKSE:03322 with a GF Score™ of 36/100 and a GF Value™ of HK$0.17 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,042 Manufacturing - Apparel & Accessories companies, Win Hanverky Holdings ranks worse than 72.26% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Win Hanverky Holdings's Pre-Tax Income for the six months ended in Dec. 2025 was HK$37 Mil. Win Hanverky Holdings's Revenue for the six months ended in Dec. 2025 was HK$1,682 Mil. Therefore, Win Hanverky Holdings's pretax margin for the quarter that ended in Dec. 2025 was 2.20%.

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

HKSE:03322' s Pretax Margin % Range Over the Past 10 Years
Min: -8.95   Med: 0.73   Max: 4.85
Current: -0.3


HKSE:03322's Pretax Margin % is ranked worse than
72.26% of 1042 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.525 vs HKSE:03322: -0.30

Win Hanverky Holdings  (HKSE:03322) 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.


Win Hanverky Holdings Pretax Margin % Related Terms


Win Hanverky Holdings Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Win Hanverky 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.

Win Hanverky Holdings Pretax Margin % Chart

Win Hanverky Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.00 1.74 -8.95 -0.29 -0.30

Win Hanverky Holdings Semi-Annual Data
Jun16 Dec16 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 -7.31 -4.76 3.96 -2.72 2.20

HKSE:03322 vs RL, LEVI, VFC: Pretax Margin % Comparison

For the Apparel Manufacturing subindustry, Win Hanverky 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.


Win Hanverky Holdings Pretax Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Win Hanverky Holdings's Pretax Margin % distribution charts can be found below:

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


HKSE:03322
36GF Score
Win Hanverky Holdings Ltd HKSE:03322
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Win Hanverky 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.

Win Hanverky 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 )
=-10.275/3418.372
=-0.30 %

Win Hanverky 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 )
=36.933/1681.804
=2.20 %

* 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 2.20% mean?
Win Hanverky Holdings (HKSE:03322) has a Pretax Margin % of 2.20% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Win Hanverky Holdings and its competitors. This is 201% above median its historical median of 0.73. According to the industry distribution chart, Win Hanverky Holdings ranks #753 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 72.3%.
Is Win Hanverky Holdings' Pretax Margin % too high?
Win Hanverky Holdings' current Pretax Margin % of 2.20% is 201% above median its 10-year median of 0.73. The Manufacturing - Apparel & Accessories industry median Pretax Margin % is 3.53. Win Hanverky Holdings' value of 2.20% is 37.6% below this industry median. Based on the distribution chart, Win Hanverky Holdings ranks #753 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Win Hanverky Holdings has a GF Score™ of 36/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Win Hanverky Holdings' Pretax Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Win Hanverky Holdings ranks #753 out of 1042 companies for Pretax Margin %. This places Win Hanverky Holdings in the lower half of its industry. The industry median Pretax Margin % is 3.53. Win Hanverky Holdings' value of 2.20% is 37.6% below this benchmark. While the company's 10-year median is 0.73 vs. the industry median of 3.53, Win Hanverky 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 Manufacturing - Apparel & Accessories company?
The median Pretax Margin % among Manufacturing - Apparel & Accessories companies is 3.53, based on 1,042 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. Win Hanverky Holdings's current Pretax Margin % of 2.20% is 37.6% 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 Win Hanverky Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Pretax Margin % is 3.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Win Hanverky Holdings's current Pretax Margin % is 2.20%, which is 201% above median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Win Hanverky Holdings stock overvalued right now?
Based on GuruFocus' analysis, Win Hanverky Holdings (HKSE:03322) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.17, compared to a current price of HK$0.19 — trading 11.8% above its estimated fair value. The current Pretax Margin % is 2.20%, which is 201% above median its 10-year median of 0.73 and 37.6% below the Manufacturing - Apparel & Accessories industry median of 3.53. Win Hanverky Holdings' overall GF Score™ is 36/100 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 Win Hanverky Holdings (HKSE:03322), the current Pretax Margin % is 2.20% 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 Win Hanverky Holdings (HKSE:03322) Overvalued in 2026?

Based on GuruFocus' analysis, Win Hanverky Holdings stock appears to be overvalued. The current stock price of HK$0.19 is trading 11.8% above its estimated GF Value™ of HK$0.17. GuruFocus considers Win Hanverky Holdings to be Modestly Overvalued.

Key valuation signals for HKSE:03322:

  • Pretax Margin %: 2.20% (201% above median its 10-year median of 0.73)
  • GF Value™: HK$0.17 vs. price of HK$0.19 (11.8% above fair value)
  • GF Score™: 36/100 with 4 warning signs
  • Industry Position: 37.6% below the Manufacturing - Apparel & Accessories median (#753 of 1042)

No single metric tells the full story. See the HKSE:03322 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Win Hanverky Holdings Business Description

Address 481-483 Castle Peak Road, 6th Floor, Phase 6, Hong Kong Spinners Industrial Building, Kowloon, Hong Kong, HKG
Win Hanverky Holdings Ltd is engaged in the manufacturing and selling of garment products, including sportswear, high-end functional outerwear, high-end fashion apparel, and related accessories. The company operates in the segments of Manufacturing, High-end Functional Outerwear Manufacturing, and The Fashion Brands and Licensing. A majority of revenue is derived from the Manufacturing segment, which involves the manufacturing and sales of sportswear and high-end functional outerwear of both under OEM arrangements to customers mainly in Europe, the United States, Mainland China, and other countries. The group has a business presence in Mainland China, Europe, the United States, Hong Kong, Other Asian countries, Canada, and others.
36GF Score

Get the complete analysis for HKSE:03322

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

HK$0.19
Price
HK$0.17
GF Value