Fidelity China Special SituationsLSE:FCSS +0.82%41 Pretax Margin % is 100.28% as of Mar. 2026, which is 1% above its 10-year median of 99.77. GuruFocus rates LSE:FCSS with a GF Score™ of 41/100. The stock has 1 warning sign investors should review. Among 1,576 Asset Management companies, Fidelity China Special Situations ranks better than 74.3% on this metric.
The historical rank and industry rank for Fidelity China Special Situations's Pretax Margin % or its related term are showing as below:
LSE:FCSS'
s Pretax Margin % Range Over the Past 10 Years
Min: 94.75 Med: 99.77 Max: 104.42
Current: 98.81
LSE:FCSS's Pretax Margin % is ranked better than 74.3% of 1576
companies
in the Asset Management industry
Industry Median: 89.475
vs LSE:FCSS: 98.81
Fidelity China Special Situations (LSE:FCSS) 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.
Fidelity China Special Situations Pretax Margin % Related Terms
Fidelity China Special Situations Pretax Margin % Historical Data
* 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.
Fidelity China Special Situations Pretax Margin % Chart
LSE:FCSS vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, Fidelity China Special Situations'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.
Fidelity China Special Situations Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Fidelity China Special Situations's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Fidelity China Special Situations'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.
Fidelity China Special Situations (LSE:FCSS) has a Pretax Margin % of 100.28% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Fidelity China Special Situations and its competitors. This is near median its historical median of 99.77. Over the past decade, Fidelity China Special Situations' Pretax Margin % has ranged from 94.75 to 104.42. According to the industry distribution chart, Fidelity China Special Situations ranks #405 out of 1576 companies in the Asset Management industry, placing it in the top 25.7%.
Is Fidelity China Special Situations' Pretax Margin % too high?
Fidelity China Special Situations' current Pretax Margin % of 100.28% is near median its 10-year median of 99.77. Over the past 10 years, this metric has ranged from a low of 94.75 to a high of 104.42. The Asset Management industry median Pretax Margin % is 89.48. Fidelity China Special Situations' value of 100.28% is 12.1% above this industry median. Based on the distribution chart, Fidelity China Special Situations ranks #405 out of 1576 companies in the Asset Management industry, which is above the industry midpoint. Overall, Fidelity China Special Situations has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Fidelity China Special Situations' Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Fidelity China Special Situations ranks #405 out of 1576 companies for Pretax Margin %. This puts Fidelity China Special Situations in the upper half of its industry. The industry median Pretax Margin % is 89.48. Fidelity China Special Situations' value of 100.28% is 12.1% above this benchmark. Historically, Fidelity China Special Situations' own Pretax Margin % has ranged from 94.75 to 104.42 over the past decade. While the company's 10-year median is 99.77 vs. the industry median of 89.48, Fidelity China Special Situations 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 an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.48, based on 1,576 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. Fidelity China Special Situations's current Pretax Margin % of 100.28% is 12.1% 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 Fidelity China Special Situations and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fidelity China Special Situations's current Pretax Margin % is 100.28%, which is near median its own 10-year median of 99.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fidelity China Special Situations stock overvalued right now?
Fidelity China Special Situations (LSE:FCSS) has a current Pretax Margin % of 100.28%. The current Pretax Margin % is 100.28%, which is near median its 10-year median of 99.77 and 12.1% above the Asset Management industry median of 89.48. Fidelity China Special Situations' overall GF Score™ is 41/100 with 1 warning sign 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 Fidelity China Special Situations (LSE:FCSS), the current Pretax Margin % is 100.28% 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.
Fidelity China Special Situations Business Description
Fidelity China Special Situations PLC offers investors building a diversified portfolio direct exposure to China. The Company's investment objective is to achieve long-term capital growth through an actively managed portfolio mainly comprising securities issued by companies in China, both listed and unlisted, as well as Chinese companies listed elsewhere. The Company may also invest in companies with interests in China. Its portfolio may consist of equities, index-linked securities, equity-linked notes, other debt securities, cash deposits, money market instruments, foreign currency exchange transactions and other interests, including derivatives such as futures, options and contracts for difference.
41GF Score
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