VSING (HKSE:08292) Pretax Margin %: -106.07% (As of Dec. 2025)

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HKSE:08292 VSING Ltd HKSE:08292
34 GF Score
Price HK$0.14
GF Value HK$0.07
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is VSING Pretax Margin %?

VSING HKSE:08292 34 Pretax Margin % is -106.07% as of Dec. 2025. GuruFocus rates HKSE:08292 with a GF Score™ of 34/100 and a GF Value™ of HK$0.07 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,011 Media - Diversified companies, VSING ranks worse than 90.41% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. VSING's Pre-Tax Income for the six months ended in Dec. 2025 was HK$-136.1 Mil. VSING's Revenue for the six months ended in Dec. 2025 was HK$128.3 Mil. Therefore, VSING's pretax margin for the quarter that ended in Dec. 2025 was -106.07%.

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

HKSE:08292' s Pretax Margin % Range Over the Past 10 Years
Min: -60.9   Med: -7.72   Max: -1.24
Current: -60.9


HKSE:08292's Pretax Margin % is ranked worse than
90.41% of 1011 companies
in the Media - Diversified industry
Industry Median: 2.01 vs HKSE:08292: -60.90

VSING  (HKSE:08292) 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.


VSING Pretax Margin % Related Terms


VSING Pretax Margin % Historical Data

* Premium members only.

The historical data trend for VSING'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.

VSING Pretax Margin % Chart

VSING 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 -13.22 -10.02 -17.84 -8.71 -60.21

VSING 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 -22.25 -18.10 -1.82 -4.85 -106.07

HKSE:08292 vs NFLX, DIS, WBD: Pretax Margin % Comparison

For the Entertainment subindustry, VSING'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.


VSING Pretax Margin % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, VSING's Pretax Margin % distribution charts can be found below:

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


HKSE:08292
34GF Score
VSING Ltd HKSE:08292
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VSING 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.

VSING'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 )
=-141.214/234.532
=-60.21 %

VSING'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 )
=-136.064/128.278
=-106.07 %

* 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 -106.07% mean?
VSING (HKSE:08292) has a Pretax Margin % of -106.07% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on VSING and its competitors. According to the industry distribution chart, VSING ranks #914 out of 1011 companies in the Media - Diversified industry, placing it in the top 90.4%.
Is VSING's Pretax Margin % too high?
VSING's current Pretax Margin % is -106.07%. Based on the distribution chart, VSING ranks #914 out of 1011 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, VSING has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VSING's Pretax Margin % compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, VSING ranks #914 out of 1011 companies for Pretax Margin %. This places VSING in the lower half of its industry. The industry median Pretax Margin % is 2.01. 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 Media - Diversified company?
The median Pretax Margin % among Media - Diversified companies is 2.01, based on 1,011 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 VSING and its competitors. For the Media - Diversified industry, the median Pretax Margin % is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VSING's current Pretax Margin % is -106.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VSING stock overvalued right now?
Based on GuruFocus' analysis, VSING (HKSE:08292) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.07, compared to a current price of HK$0.14 — trading 104.3% above its estimated fair value. The current Pretax Margin % is -106.07%. VSING's overall GF Score™ is 34/100 with 6 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 VSING (HKSE:08292), the current Pretax Margin % is -106.07% 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 VSING (HKSE:08292) Overvalued in 2026?

Based on GuruFocus' analysis, VSING stock appears to be overvalued. The current stock price of HK$0.14 is trading 104.3% above its estimated GF Value™ of HK$0.07. GuruFocus considers VSING to be Significantly Overvalued.

Key valuation signals for HKSE:08292:

  • Pretax Margin %: -106.07%
  • GF Value™: HK$0.07 vs. price of HK$0.14 (104.3% above fair value)
  • GF Score™: 34/100 with 6 warning signs

No single metric tells the full story. See the HKSE:08292 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VSING Business Description

Address No. 42, Jalan Puteri 2/2, Bandar Puteri Puchong, Puchong, SGR, MYS, 47100
VSING Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in providing international freight forwarding and logistics services, with a primary focus on air/ sea freight forwarding and related services, trucking and warehousing to customers across various countries, manufacturing and sale of plastic products in Vietnam and trading of used mobile phones. Its reportable segments are: Interactive entertainment technology platform and software business, Freight forwarding and related services, Trading of used mobile phones, and Manufacturing and sale of plastic products. The majority of the company's revenue is derived from the trading of used mobile phones segment. Geographically, key revenue is derived from Malaysia, and the rest from Vietnam and the PRC.
34GF Score

Get the complete analysis for HKSE:08292

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

HK$0.14
Price
HK$0.07
GF Value