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FS.COMHKSE:03355 -9.21%19 Pretax Margin % is 25.58% as of Dec. 2025, which is 16% above its 10-year median of 22.09. GuruFocus rates HKSE:03355 with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 2,475 Hardware companies, FS.COM ranks better than 94.71% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. FS.COM's Pre-Tax Income for the
three
months ended in Dec. 2025 was HK$223.5 Mil. FS.COM's Revenue for the
three
months ended in Dec. 2025 was HK$873.8 Mil. Therefore, FS.COM's pretax margin for the quarter that ended in Dec. 2025 was 25.58%.
The historical rank and industry rank for FS.COM's Pretax Margin % or its related term are showing as below:
HKSE:03355'
s Pretax Margin % Range Over the Past 10 Years
Min: 17.48 Med: 22.09 Max: 25.58
Current: 25.58
HKSE:03355's Pretax Margin % is ranked better than 94.71% of 2475
companies
in the Hardware industry
Industry Median: 3.6
vs HKSE:03355: 25.58
FS.COM (HKSE:03355) 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.
FS.COM Pretax Margin % Related Terms
FS.COM Pretax Margin % Historical Data
* Premium members only.
The historical data trend for FS.COM'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.
FS.COM Pretax Margin % Chart
FS.COM Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Pretax Margin %
21.07
23.19
17.48
23.11
FS.COM Quarterly Data
Dec22
Dec23
Dec24
Sep25
Dec25
Pretax Margin %
0.00
0.00
7.42
0.00
25.58
HKSE:03355 vs CSCO, MSI, HPE: Pretax Margin % Comparison
For the Communication Equipment subindustry, FS.COM'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.
FS.COM Pretax Margin % vs Hardware Industry
For the Hardware industry and Technology sector, FS.COM's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where FS.COM'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.
FS.COM (HKSE:03355) has a Pretax Margin % of 25.58% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on FS.COM and its competitors. This is 16% above median its historical median of 22.09. Over the past decade, FS.COM's Pretax Margin % has ranged from 17.48 to 25.58. According to the industry distribution chart, FS.COM ranks #131 out of 2475 companies in the Hardware industry, placing it in the top 5.3%.
Is FS.COM's Pretax Margin % too high?
FS.COM's current Pretax Margin % of 25.58% is 16% above median its 10-year median of 22.09. Over the past 10 years, this metric has ranged from a low of 17.48 to a high of 25.58. The Hardware industry median Pretax Margin % is 3.60. FS.COM's value of 25.58% is 610.6% above this industry median. Based on the distribution chart, FS.COM ranks #131 out of 2475 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, FS.COM has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does FS.COM's Pretax Margin % compare to CSCO and MSI?
According to the Hardware industry distribution chart, FS.COM ranks #131 out of 2475 companies for Pretax Margin %. This places FS.COM in the top 5% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.60. FS.COM's value of 25.58% is 610.6% above this benchmark. Historically, FS.COM's own Pretax Margin % has ranged from 17.48 to 25.58 over the past decade. While the company's 10-year median is 22.09 vs. the industry median of 3.60, FS.COM has consistently been above 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 Hardware company?
The median Pretax Margin % among Hardware companies is 3.60, based on 2,475 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. FS.COM's current Pretax Margin % of 25.58% is 610.6% above 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 FS.COM and its competitors. For the Hardware industry, the median Pretax Margin % is 3.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FS.COM's current Pretax Margin % is 25.58%, which is 16% above median its own 10-year median of 22.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FS.COM stock overvalued right now?
FS.COM (HKSE:03355) has a current Pretax Margin % of 25.58%. The current Pretax Margin % is 25.58%, which is 16% above median its 10-year median of 22.09 and 610.6% above the Hardware industry median of 3.60. FS.COM'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 FS.COM (HKSE:03355), the current Pretax Margin % is 25.58% 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.
FS.COM Ltd operates as a DTC networking solution provider, principally engaged in the sales of optical communication products. It operates through its online platform, FS.com. The company's offerings include networking equipment, networking operating systems, and cloud-based network management platforms used in applications such as high-performance computing, data centers, enterprise networks, and telecommunications, supporting businesses' digital infrastructure needs. The majority of revenue is derived from the provision of its General networking solutions and High-performance networking solutions. Geographically, the company generates the maximum revenue from the United States.
19GF Score
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