DLC Asia (HKSE:08210) Pretax Margin %: -11.88% (As of Mar. 2026)

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.

What is DLC Asia Pretax Margin %?

DLC Asia HKSE:08210 Pretax Margin % is -11.88% as of Mar. 2026. The stock has 3 warning signs investors should review. Among 776 Capital Markets companies, DLC Asia ranks worse than 83.76% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. DLC Asia's Pre-Tax Income for the six months ended in Mar. 2026 was HK$-1.86 Mil. DLC Asia's Revenue for the six months ended in Mar. 2026 was HK$15.62 Mil. Therefore, DLC Asia's pretax margin for the quarter that ended in Mar. 2026 was -11.88%.

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

HKSE:08210' s Pretax Margin % Range Over the Past 10 Years
Min: -34.1   Med: 1.23   Max: 23.8
Current: -34.1


HKSE:08210's Pretax Margin % is ranked worse than
83.76% of 776 companies
in the Capital Markets industry
Industry Median: 21.275 vs HKSE:08210: -34.10

DLC Asia  (HKSE:08210) 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.


DLC Asia Pretax Margin % Related Terms


DLC Asia Pretax Margin % Historical Data

* Premium members only.

The historical data trend for DLC Asia'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.

DLC Asia Pretax Margin % Chart

DLC Asia Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.67 6.57 3.79 0.46 -34.10

DLC Asia Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 -0.80 3.91 -4.12 -54.57 -11.88

HKSE:08210 vs MS, GS, SCHW: Pretax Margin % Comparison

For the Capital Markets subindustry, DLC Asia'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.


DLC Asia Pretax Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, DLC Asia's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where DLC Asia's Pretax Margin % falls into.



DLC Asia 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.

DLC Asia's Pretax Margin for the fiscal year that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=-11.111/32.581
=-34.10 %

DLC Asia's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-1.855/15.619
=-11.88 %

* 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 -11.88% mean?
DLC Asia (HKSE:08210) has a Pretax Margin % of -11.88% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on DLC Asia and its competitors. According to the industry distribution chart, DLC Asia ranks #650 out of 776 companies in the Capital Markets industry, placing it in the top 83.8%.
Is DLC Asia's Pretax Margin % too high?
DLC Asia's current Pretax Margin % is -11.88%. Based on the distribution chart, DLC Asia ranks #650 out of 776 companies in the Capital Markets industry, which is in the bottom quartile relative to peers.
How does DLC Asia's Pretax Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, DLC Asia ranks #650 out of 776 companies for Pretax Margin %. This places DLC Asia in the lower half of its industry. The industry median Pretax Margin % is 21.28. 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 Capital Markets company?
The median Pretax Margin % among Capital Markets companies is 21.28, based on 776 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 DLC Asia and its competitors. For the Capital Markets industry, the median Pretax Margin % is 21.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DLC Asia's current Pretax Margin % is -11.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DLC Asia stock overvalued right now?
Based on GuruFocus' analysis, DLC Asia (HKSE:08210) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.03, compared to a current price of HK$0.05 — trading 70% above its estimated fair value. The current Pretax Margin % is -11.88%. 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 DLC Asia (HKSE:08210), the current Pretax Margin % is -11.88% as of Mar. 2026. 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.

DLC Asia Business Description

Address 8 Fleming Road, Units 2601-3, Tai Tung Building, Wanchai, Hong Kong, HKG
DLC Asia Ltd is an investment holding company. Along with its holdings, the company is known as the interdealer broker in Hong Kong that provides derivatives brokerage services to Professional Investors by dealing in securities and futures contracts. Its revenues are derived from commission income received from customers for providing brokerage services on derivative contracts by various execution channels including HKEx, SGX, and OTC. Its revenue is earned from the HKEx market.