HNLGF (Hang Lung Group) Pretax Margin %: 33.40% (As of Dec. 2025) — 45% Below Median


HNLGF Hang Lung Group Ltd HNLGF
62 GF Score
Price $1.94
GF Value $1.54
! 7 Warning Signs
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What is Hang Lung Group Pretax Margin %?

Hang Lung Group HNLGF 62 Pretax Margin % is 33.40% as of Dec. 2025, which is 45% below its 10-year median of 60.90. GuruFocus rates HNLGF with a GF Score™ of 62/100 and a GF Value™ of $1.54. The stock has 7 warning signs investors should review. Among 1,757 Real Estate companies, Hang Lung Group ranks better than 76.21% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hang Lung Group's Pre-Tax Income for the six months ended in Dec. 2025 was $224 Mil. Hang Lung Group's Revenue for the six months ended in Dec. 2025 was $670 Mil. Therefore, Hang Lung Group's pretax margin for the quarter that ended in Dec. 2025 was 33.40%.

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

HNLGF' s Pretax Margin % Range Over the Past 10 Years
Min: -9.7   Med: 60.9   Max: 190.55
Current: 39.73


HNLGF's Pretax Margin % is ranked better than
76.21% of 1757 companies
in the Real Estate industry
Industry Median: 12.28 vs HNLGF: 39.73

Hang Lung Group  (OTCPK:HNLGF) 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.


Hang Lung Group Pretax Margin % Related Terms


Hang Lung Group Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Hang Lung Group'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.

Hang Lung Group Pretax Margin % Chart

Hang Lung Group 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 66.54 58.06 60.42 36.16 39.73

Hang Lung Group 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 52.61 35.77 36.61 46.06 33.40

HNLGF vs CBRE, BEKE, JLL: Pretax Margin % Comparison

For the Real Estate Services subindustry, Hang Lung Group'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.


Hang Lung Group Pretax Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Hang Lung Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Hang Lung Group's Pretax Margin % falls into.


HNLGF
62GF Score
Hang Lung Group Ltd HNLGF
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hang Lung Group 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.

Hang Lung Group'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 )
=531.693/1338.423
=39.73 %

Hang Lung Group'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 )
=223.756/669.854
=33.40 %

* 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 33.40% mean?
Hang Lung Group (HNLGF) has a Pretax Margin % of 33.40% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Hang Lung Group and its competitors. This is 45% below median its historical median of 60.90. According to the industry distribution chart, Hang Lung Group ranks #418 out of 1757 companies in the Real Estate industry, placing it in the top 23.8%.
Is Hang Lung Group's Pretax Margin % too high?
Hang Lung Group's current Pretax Margin % of 33.40% is 45% below median its 10-year median of 60.90. The Real Estate industry median Pretax Margin % is 12.28. Hang Lung Group's value of 33.40% is 172% above this industry median. Based on the distribution chart, Hang Lung Group ranks #418 out of 1757 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Hang Lung Group has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Hang Lung Group's Pretax Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Hang Lung Group ranks #418 out of 1757 companies for Pretax Margin %. This places Hang Lung Group in the top 24% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 12.28. Hang Lung Group's value of 33.40% is 172% above this benchmark. While the company's 10-year median is 60.90 vs. the industry median of 12.28, Hang Lung Group 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 Real Estate company?
The median Pretax Margin % among Real Estate companies is 12.28, based on 1,757 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. Hang Lung Group's current Pretax Margin % of 33.40% is 172% 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 Hang Lung Group and its competitors. For the Real Estate industry, the median Pretax Margin % is 12.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hang Lung Group's current Pretax Margin % is 33.40%, which is 45% below median its own 10-year median of 60.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hang Lung Group stock overvalued right now?
Hang Lung Group (HNLGF) has a current Pretax Margin % of 33.40%. The stock's GF Value™ is $1.54, compared to a current price of $1.94 — trading 26% above its estimated fair value. The current Pretax Margin % is 33.40%, which is 45% below median its 10-year median of 60.90 and 172% above the Real Estate industry median of 12.28. Hang Lung Group's overall GF Score™ is 62/100 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 Hang Lung Group (HNLGF), the current Pretax Margin % is 33.40% 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 Hang Lung Group (HNLGF) Overvalued in 2026?

Based on GuruFocus' analysis, Hang Lung Group stock appears to be overvalued. The current stock price of $1.94 is trading 26% above its estimated GF Value™ of $1.54.

Key valuation signals for HNLGF:

  • Pretax Margin %: 33.40% (45% below median its 10-year median of 60.90)
  • GF Value™: $1.54 vs. price of $1.94 (26% above fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 172% above the Real Estate median (#418 of 1757)

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


Hang Lung Group Business Description

Address 4 Des Voeux Road Central, 28th Floor, Standard Chartered Bank Building, Hong Kong, HKG
Hang Lung Group Ltd is an investment holding company. Through its subsidiaries, it is engaged in property development for sales and leasing, property investment for rental income, and other investments. The Group also operates in property management, and through its joint ventures, is involved in the provision of dry and laundry cleaning services. Its reportable segments are Property Leasing, Hotels, and Property Sales. Maximum revenue is generated from the Property Leasing segment, which includes leasing of a portfolio of commercial, office, and residential properties in Mainland China and Hong Kong. Geographically, the Group generates maximum revenue from the Chinese Mainland and the rest from Hong Kong.
62GF Score

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

$1.94
Price
$1.54
GF Value