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Jiangxi Hongcheng Environment CoSHSE:600461 +0.22%76 Pretax Margin % is 23.67% as of Mar. 2026, which is 52% above its 10-year median of 15.58. GuruFocus rates SHSE:600461 with a GF Score™ of 76/100 and a GF Value™ of ¥8.20 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 500 Utilities - Regulated companies, Jiangxi Hongcheng Environment Co ranks better than 78.4% on this metric.
The historical rank and industry rank for Jiangxi Hongcheng Environment Co's Pretax Margin % or its related term are showing as below:
SHSE:600461'
s Pretax Margin % Range Over the Past 10 Years
Min: 12.36 Med: 15.58 Max: 21.21
Current: 21.21
SHSE:600461's Pretax Margin % is ranked better than 78.4% of 500
companies
in the Utilities - Regulated industry
Industry Median: 12.025
vs SHSE:600461: 21.21
Jiangxi Hongcheng Environment Co (SHSE:600461) 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.
Jiangxi Hongcheng Environment Co Pretax Margin % Related Terms
Jiangxi Hongcheng Environment Co Pretax Margin % Historical Data
* 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.
Jiangxi Hongcheng Environment Co Pretax Margin % Chart
SHSE:600461 vs AWK, WTRG, AWR: Pretax Margin % Comparison
For the Utilities - Regulated Water subindustry, Jiangxi Hongcheng Environment 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.
Jiangxi Hongcheng Environment Co Pretax Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Jiangxi Hongcheng Environment Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Jiangxi Hongcheng Environment 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.
Jiangxi Hongcheng Environment Co (SHSE:600461) has a Pretax Margin % of 23.67% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Jiangxi Hongcheng Environment Co and its competitors. This is 52% above median its historical median of 15.58. Over the past decade, Jiangxi Hongcheng Environment Co's Pretax Margin % has ranged from 12.36 to 21.21. According to the industry distribution chart, Jiangxi Hongcheng Environment Co ranks #108 out of 500 companies in the Utilities - Regulated industry, placing it in the top 21.6%.
Is Jiangxi Hongcheng Environment Co's Pretax Margin % too high?
Jiangxi Hongcheng Environment Co's current Pretax Margin % of 23.67% is 52% above median its 10-year median of 15.58. Over the past 10 years, this metric has ranged from a low of 12.36 to a high of 21.21. The Utilities - Regulated industry median Pretax Margin % is 12.03. Jiangxi Hongcheng Environment Co's value of 23.67% is 96.8% above this industry median. Based on the distribution chart, Jiangxi Hongcheng Environment Co ranks #108 out of 500 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Jiangxi Hongcheng Environment Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangxi Hongcheng Environment Co's Pretax Margin % compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Jiangxi Hongcheng Environment Co ranks #108 out of 500 companies for Pretax Margin %. This places Jiangxi Hongcheng Environment Co in the top 22% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 12.03. Jiangxi Hongcheng Environment Co's value of 23.67% is 96.8% above this benchmark. Historically, Jiangxi Hongcheng Environment Co's own Pretax Margin % has ranged from 12.36 to 21.21 over the past decade. While the company's 10-year median is 15.58 vs. the industry median of 12.03, Jiangxi Hongcheng Environment 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 Utilities - Regulated company?
The median Pretax Margin % among Utilities - Regulated companies is 12.03, 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. Jiangxi Hongcheng Environment Co's current Pretax Margin % of 23.67% is 96.8% 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 Jiangxi Hongcheng Environment Co and its competitors. For the Utilities - Regulated industry, the median Pretax Margin % is 12.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangxi Hongcheng Environment Co's current Pretax Margin % is 23.67%, which is 52% above median its own 10-year median of 15.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangxi Hongcheng Environment Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangxi Hongcheng Environment Co (SHSE:600461) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥8.20, compared to a current price of ¥9.27 — trading 13% above its estimated fair value. The current Pretax Margin % is 23.67%, which is 52% above median its 10-year median of 15.58 and 96.8% above the Utilities - Regulated industry median of 12.03. Jiangxi Hongcheng Environment Co's overall GF Score™ is 76/100 with 4 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 Jiangxi Hongcheng Environment Co (SHSE:600461), the current Pretax Margin % is 23.67% 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 Jiangxi Hongcheng Environment Co (SHSE:600461) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangxi Hongcheng Environment Co stock appears to be overvalued.
The current stock price of ¥9.27 is trading 13% above its estimated GF Value™ of ¥8.20.
GuruFocus considers Jiangxi Hongcheng Environment Co to be Modestly Overvalued.
Key valuation signals for SHSE:600461:
Pretax Margin %: 23.67% (52% above median its 10-year median of 15.58)
GF Value™: ¥8.20 vs. price of ¥9.27 (13% above fair value)
Industry Position: 96.8% above the Utilities - Regulated median (#108 of 500)
No single metric tells the full story. See the SHSE:600461 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangxi Hongcheng Environment Co Business Description
Jiangxi Hongcheng Environment Co Ltd is a China-based engaged in the production and operation of water and wastewater treatment. The company is mainly engaged in tap water production and supply, sewage treatment, gas energy and other businesses.
76GF Score
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