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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.
Futian Holdings Pretax Margin % Related Terms
Futian Holdings Pretax Margin % Historical Data
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The historical data trend for Futian 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.
HKSE:08196 vs WM, RSG, WCN: Pretax Margin % Comparison
For the Waste Management subindustry, Futian 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.
Futian Holdings Pretax Margin % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Futian Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Futian 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.
Futian Holdings (HKSE:08196) has a Pretax Margin % of 0.51% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Futian Holdings and its competitors. According to the industry distribution chart, Futian Holdings ranks #142 out of 235 companies in the Waste Management industry, placing it in the top 60.4%.
Is Futian Holdings' Pretax Margin % too high?
Futian Holdings' current Pretax Margin % is 0.51%. The Waste Management industry median Pretax Margin % is 5.48. Futian Holdings' value of 0.51% is 90.7% below this industry median. Based on the distribution chart, Futian Holdings ranks #142 out of 235 companies in the Waste Management industry, which is below the industry midpoint. Overall, Futian Holdings has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Futian Holdings' Pretax Margin % compare to WM and RSG?
According to the Waste Management industry distribution chart, Futian Holdings ranks #142 out of 235 companies for Pretax Margin %. This places Futian Holdings in the lower half of its industry. The industry median Pretax Margin % is 5.48. Futian Holdings' value of 0.51% is 90.7% below this benchmark. 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 Waste Management company?
The median Pretax Margin % among Waste Management companies is 5.48, based on 235 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. Futian Holdings's current Pretax Margin % of 0.51% is 90.7% 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 Futian Holdings and its competitors. For the Waste Management industry, the median Pretax Margin % is 5.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Futian Holdings's current Pretax Margin % is 0.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Futian Holdings stock overvalued right now?
Based on GuruFocus' analysis, Futian Holdings (HKSE:08196) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.28, compared to a current price of HK$0.87 — trading 32% below its estimated fair value. The current Pretax Margin % is 0.51% and 90.7% below the Waste Management industry median of 5.48. Futian Holdings' overall GF Score™ is 66/100 with 7 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 Futian Holdings (HKSE:08196), the current Pretax Margin % is 0.51% 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 Futian Holdings (HKSE:08196) Overvalued in 2026?
Based on GuruFocus' analysis, Futian Holdings stock appears to be undervalued.
The current stock price of HK$0.87 is trading 32% below its estimated GF Value™ of HK$1.28.
GuruFocus considers Futian Holdings to be Possible Value Trap.
Key valuation signals for HKSE:08196:
Pretax Margin %: 0.51%
GF Value™: HK$1.28 vs. price of HK$0.87 (32% below fair value)
Industry Position: 90.7% below the Waste Management median (#142 of 235)
No single metric tells the full story. See the HKSE:08196 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Futian Holdings Ltd is an investment holding company. It is principally engaged in environmental protection business, such as wastewater treatment and soil remediation, through design, construction, operation and maintenance service of related facilities; trading of related equipments; provision of online advertising and related services for online games; and property leasing and sub-leasing. in the environmental protection business. It has six reportable segments engineering, procurement and construction project (EPC Projects); equipment; service concession arrangement; the advertising; property leasing; and Others segment of which majority of revenue comes from EPC Projects segment comprises of the overall design, procurement and construction of sludge or wastewater treatment facilities.
66GF Score
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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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