Anhui Expressway Co (SHSE:600012) Pretax Margin %: 47.54% (As of Mar. 2026) — Near Median

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SHSE:600012 Anhui Expressway Co Ltd SHSE:600012
75 GF Score
Price ¥16.96
GF Value ¥11.28
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Anhui Expressway Co Pretax Margin %?

Anhui Expressway Co SHSE:600012 +0.95% 75 Pretax Margin % is 47.54% as of Mar. 2026, which is 5% above its 10-year median of 45.10. GuruFocus rates SHSE:600012 with a GF Score™ of 75/100 and a GF Value™ of ¥11.28 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,761 Construction companies, Anhui Expressway Co ranks better than 97.96% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Anhui Expressway Co's Pre-Tax Income for the three months ended in Mar. 2026 was ¥748 Mil. Anhui Expressway Co's Revenue for the three months ended in Mar. 2026 was ¥1,574 Mil. Therefore, Anhui Expressway Co's pretax margin for the quarter that ended in Mar. 2026 was 47.54%.

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

SHSE:600012' s Pretax Margin % Range Over the Past 10 Years
Min: 33.03   Med: 45.1   Max: 54.05
Current: 47.67


SHSE:600012's Pretax Margin % is ranked better than
97.96% of 1761 companies
in the Construction industry
Industry Median: 5.47 vs SHSE:600012: 47.67

Anhui Expressway Co  (SHSE:600012) 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.


Anhui Expressway Co Pretax Margin % Related Terms


Anhui Expressway Co Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Anhui Expressway 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.

Anhui Expressway Co Pretax Margin % Chart

Anhui Expressway 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 54.05 37.97 34.18 33.03 38.81

Anhui Expressway Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 26.47 57.64 43.64 45.93 47.54

Anhui Expressway Co Pretax Margin % Competitor Comparison

For the Infrastructure Operations subindustry, Anhui Expressway 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.


Anhui Expressway Co Pretax Margin % vs Construction Industry

For the Construction industry and Industrials sector, Anhui Expressway Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Anhui Expressway Co's Pretax Margin % falls into.


SHSE:600012
75GF Score
Anhui Expressway Co Ltd SHSE:600012
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Anhui Expressway 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.

Anhui Expressway 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 )
=2608.436/6721.574
=38.81 %

Anhui Expressway Co's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=748.166/1573.881
=47.54 %

* 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 47.54% mean?
Anhui Expressway Co (SHSE:600012) has a Pretax Margin % of 47.54% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Anhui Expressway Co and its competitors. This is near median its historical median of 45.10. Over the past decade, Anhui Expressway Co's Pretax Margin % has ranged from 33.03 to 54.05. According to the industry distribution chart, Anhui Expressway Co ranks #36 out of 1761 companies in the Construction industry, placing it in the top 2%.
Is Anhui Expressway Co's Pretax Margin % too high?
Anhui Expressway Co's current Pretax Margin % of 47.54% is near median its 10-year median of 45.10. Over the past 10 years, this metric has ranged from a low of 33.03 to a high of 54.05. The Construction industry median Pretax Margin % is 5.47. Anhui Expressway Co's value of 47.54% is 769.1% above this industry median. Based on the distribution chart, Anhui Expressway Co ranks #36 out of 1761 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Anhui Expressway Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anhui Expressway Co's Pretax Margin % compare to competitors?
According to the Construction industry distribution chart, Anhui Expressway Co ranks #36 out of 1761 companies for Pretax Margin %. This places Anhui Expressway Co in the top 2% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.47. Anhui Expressway Co's value of 47.54% is 769.1% above this benchmark. Historically, Anhui Expressway Co's own Pretax Margin % has ranged from 33.03 to 54.05 over the past decade. While the company's 10-year median is 45.10 vs. the industry median of 5.47, Anhui Expressway 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 Construction company?
The median Pretax Margin % among Construction companies is 5.47, based on 1,761 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. Anhui Expressway Co's current Pretax Margin % of 47.54% is 769.1% 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 Anhui Expressway Co and its competitors. For the Construction industry, the median Pretax Margin % is 5.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anhui Expressway Co's current Pretax Margin % is 47.54%, which is near median its own 10-year median of 45.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Expressway Co stock overvalued right now?
Based on GuruFocus' analysis, Anhui Expressway Co (SHSE:600012) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥11.28, compared to a current price of ¥16.96 — trading 50.4% above its estimated fair value. The current Pretax Margin % is 47.54%, which is near median its 10-year median of 45.10 and 769.1% above the Construction industry median of 5.47. Anhui Expressway Co's overall GF Score™ is 75/100 with 9 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 Anhui Expressway Co (SHSE:600012), the current Pretax Margin % is 47.54% 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.

Is Anhui Expressway Co (SHSE:600012) Overvalued in 2026?

Based on GuruFocus' analysis, Anhui Expressway Co stock appears to be overvalued. The current stock price of ¥16.96 is trading 50.4% above its estimated GF Value™ of ¥11.28. GuruFocus considers Anhui Expressway Co to be Significantly Overvalued.

Key valuation signals for SHSE:600012:

  • Pretax Margin %: 47.54% (near median its 10-year median of 45.10)
  • GF Value™: ¥11.28 vs. price of ¥16.96 (50.4% above fair value)
  • GF Score™: 75/100 with 9 warning signs
  • Industry Position: 769.1% above the Construction median (#36 of 1761)

No single metric tells the full story. See the SHSE:600012 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anhui Expressway Co Business Description

Other Exchanges 00995:Hong KongHU7:Germany
Address No. 520, West Wangjiang Road, Anhui, Hefei, CHN, 230088
Anhui Expressway Co Ltd is engaged in the investment, construction, operation, and management of toll roads within Anhui province. The company acquires operating expressway assets through various means such as investment and construction, acquisition, or cooperative operation. The company provides toll service for vehicles, collects vehicles' tolls according to the charging standard, maintains repairs, and carries out safety maintenance for the operating expressways. All of the company's external revenue is derived from customers based in Mainland China.
75GF Score

Get the complete analysis for SHSE:600012

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

¥16.96
Price
¥11.28
GF Value