State Grid Informationmmunication Co (SHSE:600131) Pretax Margin %: 0.88% (As of Mar. 2026) — 91% Below Median

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SHSE:600131 State Grid Information & Communication Co Ltd SHSE:600131
87 GF Score
Price ¥14.10
GF Value ¥21.89
Valuation Significantly Undervalued
! 3 Warning Signs
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What is State Grid Informationmmunication Co Pretax Margin %?

State Grid Informationmmunication Co SHSE:600131 -1.54% 87 Pretax Margin % is 0.88% as of Mar. 2026, which is 91% below its 10-year median of 9.50. GuruFocus rates SHSE:600131 with a GF Score™ of 87/100 and a GF Value™ of ¥21.89 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 424 Utilities - Independent Power Producers companies, State Grid Informationmmunication Co ranks worse than 52.83% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. State Grid Informationmmunication Co's Pre-Tax Income for the three months ended in Mar. 2026 was ¥12 Mil. State Grid Informationmmunication Co's Revenue for the three months ended in Mar. 2026 was ¥1,344 Mil. Therefore, State Grid Informationmmunication Co's pretax margin for the quarter that ended in Mar. 2026 was 0.88%.

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

SHSE:600131' s Pretax Margin % Range Over the Past 10 Years
Min: 7.31   Med: 9.5   Max: 15.62
Current: 7.31


SHSE:600131's Pretax Margin % is ranked worse than
52.83% of 424 companies
in the Utilities - Independent Power Producers industry
Industry Median: 8.59 vs SHSE:600131: 7.31

State Grid Informationmmunication Co  (SHSE:600131) 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.


State Grid Informationmmunication Co Pretax Margin % Related Terms


State Grid Informationmmunication Co Pretax Margin % Historical Data

* Premium members only.

The historical data trend for State Grid Informationmmunication 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.

State Grid Informationmmunication Co Pretax Margin % Chart

State Grid Informationmmunication 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 10.31 11.61 11.78 8.50 7.32

State Grid Informationmmunication 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 1.22 14.11 4.24 7.45 0.88

State Grid Informationmmunication Co Pretax Margin % Competitor Comparison

For the Utilities - Renewable subindustry, State Grid Informationmmunication 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.


State Grid Informationmmunication Co Pretax Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, State Grid Informationmmunication Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where State Grid Informationmmunication Co's Pretax Margin % falls into.


SHSE:600131
87GF Score
State Grid Information & Communication Co Ltd SHSE:600131
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

State Grid Informationmmunication 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.

State Grid Informationmmunication 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 )
=778.335/10627.82
=7.32 %

State Grid Informationmmunication 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 )
=11.821/1344.31
=0.88 %

* 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 0.88% mean?
State Grid Informationmmunication Co (SHSE:600131) has a Pretax Margin % of 0.88% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on State Grid Informationmmunication Co and its competitors. This is 91% below median its historical median of 9.50. Over the past decade, State Grid Informationmmunication Co's Pretax Margin % has ranged from 7.31 to 15.62. According to the industry distribution chart, State Grid Informationmmunication Co ranks #224 out of 424 companies in the Utilities - Independent Power Producers industry, placing it in the top 52.8%.
Is State Grid Informationmmunication Co's Pretax Margin % too high?
State Grid Informationmmunication Co's current Pretax Margin % of 0.88% is 91% below median its 10-year median of 9.50. Over the past 10 years, this metric has ranged from a low of 7.31 to a high of 15.62. The Utilities - Independent Power Producers industry median Pretax Margin % is 8.59. State Grid Informationmmunication Co's value of 0.88% is 89.8% below this industry median. Based on the distribution chart, State Grid Informationmmunication Co ranks #224 out of 424 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, State Grid Informationmmunication Co has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does State Grid Informationmmunication Co's Pretax Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, State Grid Informationmmunication Co ranks #224 out of 424 companies for Pretax Margin %. This places State Grid Informationmmunication Co in the lower half of its industry. The industry median Pretax Margin % is 8.59. State Grid Informationmmunication Co's value of 0.88% is 89.8% below this benchmark. Historically, State Grid Informationmmunication Co's own Pretax Margin % has ranged from 7.31 to 15.62 over the past decade. While the company's 10-year median is 9.50 vs. the industry median of 8.59, State Grid Informationmmunication Co 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 - Independent Power Producers company?
The median Pretax Margin % among Utilities - Independent Power Producers companies is 8.59, based on 424 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. State Grid Informationmmunication Co's current Pretax Margin % of 0.88% is 89.8% 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 State Grid Informationmmunication Co and its competitors. For the Utilities - Independent Power Producers industry, the median Pretax Margin % is 8.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. State Grid Informationmmunication Co's current Pretax Margin % is 0.88%, which is 91% below median its own 10-year median of 9.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is State Grid Informationmmunication Co stock overvalued right now?
Based on GuruFocus' analysis, State Grid Informationmmunication Co (SHSE:600131) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥21.89, compared to a current price of ¥14.10 — trading 35.6% below its estimated fair value. The current Pretax Margin % is 0.88%, which is 91% below median its 10-year median of 9.50 and 89.8% below the Utilities - Independent Power Producers industry median of 8.59. State Grid Informationmmunication Co's overall GF Score™ is 87/100 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 State Grid Informationmmunication Co (SHSE:600131), the current Pretax Margin % is 0.88% 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 State Grid Informationmmunication Co (SHSE:600131) Overvalued in 2026?

Based on GuruFocus' analysis, State Grid Informationmmunication Co stock appears to be undervalued. The current stock price of ¥14.10 is trading 35.6% below its estimated GF Value™ of ¥21.89. GuruFocus considers State Grid Informationmmunication Co to be Significantly Undervalued.

Key valuation signals for SHSE:600131:

  • Pretax Margin %: 0.88% (91% below median its 10-year median of 9.50)
  • GF Value™: ¥21.89 vs. price of ¥14.10 (35.6% below fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 89.8% below the Utilities - Independent Power Producers median (#224 of 424)

No single metric tells the full story. See the SHSE:600131 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


State Grid Informationmmunication Co Business Description

Address No. 301 Kuiguang Road, Doujiangyan, Sichuan, CHN, 611830
State Grid Information & Communication Co Ltd, formerly Sichuan Minjiang Hydropower Co Ltd is a China-based company is engaged in the hydroelectric generation business. It is mainly engaged in the development, generation, transmission, distribution, and sales of electric power, as well as other businesses with its subsidiaries.
87GF Score

Get the complete analysis for SHSE:600131

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

¥14.10
Price
¥21.89
GF Value