Song Shang Electronics Co (ROCO:6156) Pretax Margin %: 4.84% (As of Dec. 2025) — 14% Above Median

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.

ROCO:6156 Song Shang Electronics Co Ltd ROCO:6156
69 GF Score
Price NT$24.20
GF Value NT$24.82
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Song Shang Electronics Co Pretax Margin %?

Song Shang Electronics Co ROCO:6156 +2.76% 69 Pretax Margin % is 4.84% as of Dec. 2025, which is 14% above its 10-year median of 4.26. GuruFocus rates ROCO:6156 with a GF Score™ of 69/100 and a GF Value™ of NT$24.82 (Fairly Valued). The stock has 8 warning signs investors should review. Among 2,476 Hardware companies, Song Shang Electronics Co ranks better than 50.08% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Song Shang Electronics Co's Pre-Tax Income for the three months ended in Dec. 2025 was NT$58 Mil. Song Shang Electronics Co's Revenue for the three months ended in Dec. 2025 was NT$1,194 Mil. Therefore, Song Shang Electronics Co's pretax margin for the quarter that ended in Dec. 2025 was 4.84%.

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

ROCO:6156' s Pretax Margin % Range Over the Past 10 Years
Min: 2.33   Med: 4.26   Max: 7.61
Current: 3.6


ROCO:6156's Pretax Margin % is ranked better than
50.08% of 2476 companies
in the Hardware industry
Industry Median: 3.58 vs ROCO:6156: 3.60

Song Shang Electronics Co  (ROCO:6156) 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.


Song Shang Electronics Co Pretax Margin % Related Terms


Song Shang Electronics Co Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Song Shang Electronics Co'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.

Song Shang Electronics Co Pretax Margin % Chart

Song Shang Electronics Co 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 2.48 7.16 5.94 6.12 3.59

Song Shang Electronics Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 9.50 9.38 -1.29 0.47 4.84

ROCO:6156 vs APH, GLW: Pretax Margin % Comparison

For the Electronic Components subindustry, Song Shang Electronics Co'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.


Song Shang Electronics Co Pretax Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Song Shang Electronics Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Song Shang Electronics Co's Pretax Margin % falls into.


ROCO:6156
69GF Score
Song Shang Electronics Co Ltd ROCO:6156
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Song Shang Electronics Co 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.

Song Shang Electronics Co'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 )
=176.114/4899.378
=3.59 %

Song Shang Electronics Co'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 )
=57.869/1194.45
=4.84 %

* 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 4.84% mean?
Song Shang Electronics Co (ROCO:6156) has a Pretax Margin % of 4.84% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Song Shang Electronics Co and its competitors. This is 14% above median its historical median of 4.26. Over the past decade, Song Shang Electronics Co's Pretax Margin % has ranged from 2.33 to 7.61. According to the industry distribution chart, Song Shang Electronics Co ranks #1236 out of 2476 companies in the Hardware industry, placing it in the top 49.9%.
Is Song Shang Electronics Co's Pretax Margin % too high?
Song Shang Electronics Co's current Pretax Margin % of 4.84% is 14% above median its 10-year median of 4.26. Over the past 10 years, this metric has ranged from a low of 2.33 to a high of 7.61. The Hardware industry median Pretax Margin % is 3.58. Song Shang Electronics Co's value of 4.84% is 35.2% above this industry median. Based on the distribution chart, Song Shang Electronics Co ranks #1236 out of 2476 companies in the Hardware industry, which is above the industry midpoint. Overall, Song Shang Electronics Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Song Shang Electronics Co's Pretax Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Song Shang Electronics Co ranks #1236 out of 2476 companies for Pretax Margin %. This puts Song Shang Electronics Co in the upper half of its industry. The industry median Pretax Margin % is 3.58. Song Shang Electronics Co's value of 4.84% is 35.2% above this benchmark. Historically, Song Shang Electronics Co's own Pretax Margin % has ranged from 2.33 to 7.61 over the past decade. While the company's 10-year median is 4.26 vs. the industry median of 3.58, Song Shang Electronics Co 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 Hardware company?
The median Pretax Margin % among Hardware companies is 3.58, based on 2,476 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. Song Shang Electronics Co's current Pretax Margin % of 4.84% is 35.2% 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 Song Shang Electronics Co and its competitors. For the Hardware industry, the median Pretax Margin % is 3.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Song Shang Electronics Co's current Pretax Margin % is 4.84%, which is 14% above median its own 10-year median of 4.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Shang Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Song Shang Electronics Co (ROCO:6156) is currently considered Fairly Valued. The stock's GF Value™ is NT$24.82, compared to a current price of NT$24.20 — trading 2.5% below its estimated fair value. The current Pretax Margin % is 4.84%, which is 14% above median its 10-year median of 4.26 and 35.2% above the Hardware industry median of 3.58. Song Shang Electronics Co's overall GF Score™ is 69/100 with 8 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 Song Shang Electronics Co (ROCO:6156), the current Pretax Margin % is 4.84% 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 Song Shang Electronics Co (ROCO:6156) Overvalued in 2026?

Based on GuruFocus' analysis, Song Shang Electronics Co stock appears to be undervalued. The current stock price of NT$24.20 is trading 2.5% below its estimated GF Value™ of NT$24.82. GuruFocus considers Song Shang Electronics Co to be Fairly Valued.

Key valuation signals for ROCO:6156:

  • Pretax Margin %: 4.84% (14% above median its 10-year median of 4.26)
  • GF Value™: NT$24.82 vs. price of NT$24.20 (2.5% below fair value)
  • GF Score™: 69/100 with 8 warning signs
  • Industry Position: 35.2% above the Hardware median (#1236 of 2476)

No single metric tells the full story. See the ROCO:6156 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Song Shang Electronics Co Business Description

Address No. 117, Zhongcheng Road, 4th Floor, Tucheng District, New Taipei City, TWN, 23674
Song Shang Electronics Co Ltd is engaged in the production and sales of electronic components and related products. Its products include transformers, magnetic components, printed circuit boards, filters, and inductors, which are mainly used in various power supplies such as Adapter, Led TVs, Lcd TVs, chargers, Game Console, Desktop, Monitor, Printer, Lighting, and communication. It operates in two segments. PCB Segment is responsible for the production and sales of printed circuit boards. Transformer Segment: This segment is responsible for producing and selling transformers and resistors.
69GF Score

Get the complete analysis for ROCO:6156

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

NT$24.20
Price
NT$24.82
GF Value