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TBEA CoSHSE:600089 +0.84%77 Pretax Margin % is 10.23% as of Mar. 2026, which is 28% above its 10-year median of 8.01. GuruFocus rates SHSE:600089 with a GF Score™ of 77/100 and a GF Value™ of ¥13.43 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 3,032 Industrial Products companies, TBEA Co ranks better than 60.95% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. TBEA Co's Pre-Tax Income for the
three
months ended in Mar. 2026 was ¥2,554 Mil. TBEA Co's Revenue for the
three
months ended in Mar. 2026 was ¥24,961 Mil. Therefore, TBEA Co's pretax margin for the quarter that ended in Mar. 2026 was 10.23%.
The historical rank and industry rank for TBEA Co's Pretax Margin % or its related term are showing as below:
SHSE:600089'
s Pretax Margin % Range Over the Past 10 Years
Min: 5.14 Med: 8.01 Max: 27.54
Current: 8.59
SHSE:600089's Pretax Margin % is ranked better than 60.95% of 3032
companies
in the Industrial Products industry
Industry Median: 5.805
vs SHSE:600089: 8.59
TBEA Co (SHSE:600089) 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.
TBEA Co Pretax Margin % Related Terms
TBEA Co Pretax Margin % Historical Data
* Premium members only.
The historical data trend for TBEA 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.
SHSE:600089 vs VRT, BE: Pretax Margin % Comparison
For the Electrical Equipment & Parts subindustry, TBEA 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.
TBEA Co Pretax Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, TBEA Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where TBEA Co'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.
TBEA Co (SHSE:600089) has a Pretax Margin % of 10.23% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on TBEA Co and its competitors. This is 28% above median its historical median of 8.01. Over the past decade, TBEA Co's Pretax Margin % has ranged from 5.14 to 27.54. According to the industry distribution chart, TBEA Co ranks #1184 out of 3032 companies in the Industrial Products industry, placing it in the top 39.1%.
Is TBEA Co's Pretax Margin % too high?
TBEA Co's current Pretax Margin % of 10.23% is 28% above median its 10-year median of 8.01. Over the past 10 years, this metric has ranged from a low of 5.14 to a high of 27.54. The Industrial Products industry median Pretax Margin % is 5.81. TBEA Co's value of 10.23% is 76.2% above this industry median. Based on the distribution chart, TBEA Co ranks #1184 out of 3032 companies in the Industrial Products industry, which is above the industry midpoint. Overall, TBEA Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TBEA Co's Pretax Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, TBEA Co ranks #1184 out of 3032 companies for Pretax Margin %. This puts TBEA Co in the upper half of its industry. The industry median Pretax Margin % is 5.81. TBEA Co's value of 10.23% is 76.2% above this benchmark. Historically, TBEA Co's own Pretax Margin % has ranged from 5.14 to 27.54 over the past decade. While the company's 10-year median is 8.01 vs. the industry median of 5.81, TBEA 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 an Industrial Products company?
The median Pretax Margin % among Industrial Products companies is 5.81, based on 3,032 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. TBEA Co's current Pretax Margin % of 10.23% is 76.2% 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 TBEA Co and its competitors. For the Industrial Products industry, the median Pretax Margin % is 5.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TBEA Co's current Pretax Margin % is 10.23%, which is 28% above median its own 10-year median of 8.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TBEA Co stock overvalued right now?
Based on GuruFocus' analysis, TBEA Co (SHSE:600089) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥13.43, compared to a current price of ¥19.30 — trading 43.7% above its estimated fair value. The current Pretax Margin % is 10.23%, which is 28% above median its 10-year median of 8.01 and 76.2% above the Industrial Products industry median of 5.81. TBEA Co's overall GF Score™ is 77/100 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 TBEA Co (SHSE:600089), the current Pretax Margin % is 10.23% 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 TBEA Co (SHSE:600089) Overvalued in 2026?
Based on GuruFocus' analysis, TBEA Co stock appears to be overvalued.
The current stock price of ¥19.30 is trading 43.7% above its estimated GF Value™ of ¥13.43.
GuruFocus considers TBEA Co to be Significantly Overvalued.
Key valuation signals for SHSE:600089:
Pretax Margin %: 10.23% (28% above median its 10-year median of 8.01)
GF Value™: ¥13.43 vs. price of ¥19.30 (43.7% above fair value)
Industry Position: 76.2% above the Industrial Products median (#1184 of 3032)
No single metric tells the full story. See the SHSE:600089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TBEA Co Ltd is a China-based company that offers energy business solutions to service providers. The company distributes electric power transmission and transformation equipment. It provides solutions such as green technology, smart environmental protection, energy equipment for turnkey projects, and system solutions that range from surveying to design, construction, installation, and commissioning, as well as integration of training, operation, and maintenance. It also promotes the construction of green and efficient power grids. The company has a business presence in China and other countries.
77GF Score
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