Shin HsiungNatural Gas (ROCO:8908) Pretax Margin %: 9.42% (As of Dec. 2025) — 20% Above Median


ROCO:8908 Shin HsiungNatural Gas Inc ROCO:8908
80 GF Score
Price NT$39.90
GF Value NT$77.03
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Shin HsiungNatural Gas Pretax Margin %?

Shin HsiungNatural Gas ROCO:8908 -3.97% 80 Pretax Margin % is 9.42% as of Dec. 2025, which is 20% above its 10-year median of 7.86. GuruFocus rates ROCO:8908 with a GF Score™ of 80/100 and a GF Value™ of NT$77.03 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 500 Utilities - Regulated companies, Shin HsiungNatural Gas ranks worse than 63.2% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Shin HsiungNatural Gas's Pre-Tax Income for the three months ended in Dec. 2025 was NT$235 Mil. Shin HsiungNatural Gas's Revenue for the three months ended in Dec. 2025 was NT$2,493 Mil. Therefore, Shin HsiungNatural Gas's pretax margin for the quarter that ended in Dec. 2025 was 9.42%.

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

ROCO:8908' s Pretax Margin % Range Over the Past 10 Years
Min: 4.94   Med: 7.86   Max: 9.38
Current: 8.17


ROCO:8908's Pretax Margin % is ranked worse than
63.2% of 500 companies
in the Utilities - Regulated industry
Industry Median: 12.095 vs ROCO:8908: 8.17

Shin HsiungNatural Gas  (ROCO:8908) 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.


Shin HsiungNatural Gas Pretax Margin % Related Terms


Shin HsiungNatural Gas Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Shin HsiungNatural Gas'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.

Shin HsiungNatural Gas Pretax Margin % Chart

Shin HsiungNatural Gas 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 9.35 9.16 9.38 8.91 8.17

Shin HsiungNatural Gas 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 9.75 7.42 8.37 7.50 9.42

ROCO:8908 vs ATO, NI, UGI: Pretax Margin % Comparison

For the Utilities - Regulated Gas subindustry, Shin HsiungNatural Gas'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.


Shin HsiungNatural Gas Pretax Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shin HsiungNatural Gas's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Shin HsiungNatural Gas's Pretax Margin % falls into.


ROCO:8908
80GF Score
Shin HsiungNatural Gas Inc ROCO:8908
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shin HsiungNatural Gas 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.

Shin HsiungNatural Gas'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 )
=848.643/10389.826
=8.17 %

Shin HsiungNatural Gas'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 )
=234.871/2493.248
=9.42 %

* 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 9.42% mean?
Shin HsiungNatural Gas (ROCO:8908) has a Pretax Margin % of 9.42% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Shin HsiungNatural Gas and its competitors. This is 20% above median its historical median of 7.86. Over the past decade, Shin HsiungNatural Gas' Pretax Margin % has ranged from 4.94 to 9.38. According to the industry distribution chart, Shin HsiungNatural Gas ranks #316 out of 500 companies in the Utilities - Regulated industry, placing it in the top 63.2%.
Is Shin HsiungNatural Gas' Pretax Margin % too high?
Shin HsiungNatural Gas' current Pretax Margin % of 9.42% is 20% above median its 10-year median of 7.86. Over the past 10 years, this metric has ranged from a low of 4.94 to a high of 9.38. The Utilities - Regulated industry median Pretax Margin % is 12.10. Shin HsiungNatural Gas' value of 9.42% is 22.1% below this industry median. Based on the distribution chart, Shin HsiungNatural Gas ranks #316 out of 500 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Shin HsiungNatural Gas has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin HsiungNatural Gas' Pretax Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Shin HsiungNatural Gas ranks #316 out of 500 companies for Pretax Margin %. This places Shin HsiungNatural Gas in the lower half of its industry. The industry median Pretax Margin % is 12.10. Shin HsiungNatural Gas' value of 9.42% is 22.1% below this benchmark. Historically, Shin HsiungNatural Gas' own Pretax Margin % has ranged from 4.94 to 9.38 over the past decade. While the company's 10-year median is 7.86 vs. the industry median of 12.10, Shin HsiungNatural Gas has consistently been below 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 Utilities - Regulated company?
The median Pretax Margin % among Utilities - Regulated companies is 12.10, based on 500 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. Shin HsiungNatural Gas's current Pretax Margin % of 9.42% is 22.1% below 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 Shin HsiungNatural Gas and its competitors. For the Utilities - Regulated industry, the median Pretax Margin % is 12.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin HsiungNatural Gas's current Pretax Margin % is 9.42%, which is 20% above median its own 10-year median of 7.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin HsiungNatural Gas stock overvalued right now?
Based on GuruFocus' analysis, Shin HsiungNatural Gas (ROCO:8908) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$77.03, compared to a current price of NT$39.90 — trading 48.2% below its estimated fair value. The current Pretax Margin % is 9.42%, which is 20% above median its 10-year median of 7.86 and 22.1% below the Utilities - Regulated industry median of 12.10. Shin HsiungNatural Gas' overall GF Score™ is 80/100 with 3 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 Shin HsiungNatural Gas (ROCO:8908), the current Pretax Margin % is 9.42% 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 Shin HsiungNatural Gas (ROCO:8908) Overvalued in 2026?

Based on GuruFocus' analysis, Shin HsiungNatural Gas stock appears to be undervalued. The current stock price of NT$39.90 is trading 48.2% below its estimated GF Value™ of NT$77.03. GuruFocus considers Shin HsiungNatural Gas to be Significantly Undervalued.

Key valuation signals for ROCO:8908:

  • Pretax Margin %: 9.42% (20% above median its 10-year median of 7.86)
  • GF Value™: NT$77.03 vs. price of NT$39.90 (48.2% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 22.1% below the Utilities - Regulated median (#316 of 500)

No single metric tells the full story. See the ROCO:8908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin HsiungNatural Gas Business Description

Address No. 99, Section 1, Guotai Road, Fengshan District, Kaohsiung, TWN, 830061
Shin HsiungNatural Gas Inc includes gas supply through pipelines, manufacturing and sales of gas equipment, rental, sales and manufacturing of gas meters, and installation, maintenance and import of the related equipment. Its segments include Gas Sale Department engaged in the supply of natural gas; Installation Department engaged in the business of gas transmission conduits and equipment; Solar Electricity Sale Department engaged in the business of sale of electricity generated by solar energy; and Construction Department engaged in the construction, leasing and sale of commercial buildings and residential properties. It derives majority of the revenue from Gas Sale Department segment.
80GF Score

Get the complete analysis for ROCO:8908

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

NT$39.90
Price
NT$77.03
GF Value