Heilongjiang Agriculture Co (SHSE:600598) Pretax Margin %: 55.39% (As of Mar. 2026) — 143% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600598 Heilongjiang Agriculture Co Ltd SHSE:600598
70 GF Score
Price ¥12.20
GF Value ¥14.97
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Heilongjiang Agriculture Co Pretax Margin %?

Heilongjiang Agriculture Co SHSE:600598 +2.09% 70 Pretax Margin % is 55.39% as of Mar. 2026, which is 143% above its 10-year median of 22.78. GuruFocus rates SHSE:600598 with a GF Score™ of 70/100 and a GF Value™ of ¥14.97 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,955 Consumer Packaged Goods companies, Heilongjiang Agriculture Co ranks better than 92.43% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Heilongjiang Agriculture Co's Pre-Tax Income for the three months ended in Mar. 2026 was ¥580 Mil. Heilongjiang Agriculture Co's Revenue for the three months ended in Mar. 2026 was ¥1,047 Mil. Therefore, Heilongjiang Agriculture Co's pretax margin for the quarter that ended in Mar. 2026 was 55.39%.

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

SHSE:600598' s Pretax Margin % Range Over the Past 10 Years
Min: 20.16   Med: 22.78   Max: 30.44
Current: 22.73


SHSE:600598's Pretax Margin % is ranked better than
92.43% of 1955 companies
in the Consumer Packaged Goods industry
Industry Median: 4.67 vs SHSE:600598: 22.73

Heilongjiang Agriculture Co  (SHSE:600598) 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.


Heilongjiang Agriculture Co Pretax Margin % Related Terms


Heilongjiang Agriculture Co Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Heilongjiang Agriculture 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.

Heilongjiang Agriculture Co Pretax Margin % Chart

Heilongjiang Agriculture 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 20.16 22.48 22.02 20.66 22.39

Heilongjiang Agriculture 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 56.68 21.94 33.90 -17.23 55.39

SHSE:600598 vs ADM, BG, TSN: Pretax Margin % Comparison

For the Farm Products subindustry, Heilongjiang Agriculture 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.


Heilongjiang Agriculture Co Pretax Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Heilongjiang Agriculture Co's Pretax Margin % distribution charts can be found below:

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


SHSE:600598
70GF Score
Heilongjiang Agriculture Co Ltd SHSE:600598
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Heilongjiang Agriculture 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.

Heilongjiang Agriculture 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 )
=1171.039/5229.19
=22.39 %

Heilongjiang Agriculture 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 )
=579.848/1046.869
=55.39 %

* 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 55.39% mean?
Heilongjiang Agriculture Co (SHSE:600598) has a Pretax Margin % of 55.39% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Heilongjiang Agriculture Co and its competitors. This is 143% above median its historical median of 22.78. Over the past decade, Heilongjiang Agriculture Co's Pretax Margin % has ranged from 20.16 to 30.44. According to the industry distribution chart, Heilongjiang Agriculture Co ranks #148 out of 1955 companies in the Consumer Packaged Goods industry, placing it in the top 7.6%.
Is Heilongjiang Agriculture Co's Pretax Margin % too high?
Heilongjiang Agriculture Co's current Pretax Margin % of 55.39% is 143% above median its 10-year median of 22.78. Over the past 10 years, this metric has ranged from a low of 20.16 to a high of 30.44. The Consumer Packaged Goods industry median Pretax Margin % is 4.67. Heilongjiang Agriculture Co's value of 55.39% is 1086.1% above this industry median. Based on the distribution chart, Heilongjiang Agriculture Co ranks #148 out of 1955 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Heilongjiang Agriculture Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Heilongjiang Agriculture Co's Pretax Margin % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Heilongjiang Agriculture Co ranks #148 out of 1955 companies for Pretax Margin %. This places Heilongjiang Agriculture Co in the top 8% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 4.67. Heilongjiang Agriculture Co's value of 55.39% is 1086.1% above this benchmark. Historically, Heilongjiang Agriculture Co's own Pretax Margin % has ranged from 20.16 to 30.44 over the past decade. While the company's 10-year median is 22.78 vs. the industry median of 4.67, Heilongjiang Agriculture 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 Consumer Packaged Goods company?
The median Pretax Margin % among Consumer Packaged Goods companies is 4.67, based on 1,955 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. Heilongjiang Agriculture Co's current Pretax Margin % of 55.39% is 1086.1% 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 Heilongjiang Agriculture Co and its competitors. For the Consumer Packaged Goods industry, the median Pretax Margin % is 4.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heilongjiang Agriculture Co's current Pretax Margin % is 55.39%, which is 143% above median its own 10-year median of 22.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heilongjiang Agriculture Co stock overvalued right now?
Based on GuruFocus' analysis, Heilongjiang Agriculture Co (SHSE:600598) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.97, compared to a current price of ¥12.20 — trading 18.5% below its estimated fair value. The current Pretax Margin % is 55.39%, which is 143% above median its 10-year median of 22.78 and 1086.1% above the Consumer Packaged Goods industry median of 4.67. Heilongjiang Agriculture Co's overall GF Score™ is 70/100 with 6 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 Heilongjiang Agriculture Co (SHSE:600598), the current Pretax Margin % is 55.39% 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 Heilongjiang Agriculture Co (SHSE:600598) Overvalued in 2026?

Based on GuruFocus' analysis, Heilongjiang Agriculture Co stock appears to be undervalued. The current stock price of ¥12.20 is trading 18.5% below its estimated GF Value™ of ¥14.97. GuruFocus considers Heilongjiang Agriculture Co to be Modestly Undervalued.

Key valuation signals for SHSE:600598:

  • Pretax Margin %: 55.39% (143% above median its 10-year median of 22.78)
  • GF Value™: ¥14.97 vs. price of ¥12.20 (18.5% below fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 1086.1% above the Consumer Packaged Goods median (#148 of 1955)

No single metric tells the full story. See the SHSE:600598 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Heilongjiang Agriculture Co Business Description

Address No. 263, Hanshui Road, Nangang District, Heilongjiang Province, Harbin, CHN, 150090
Heilongjiang Agriculture Co Ltd is an agricultural company. It is engaged in the contracting and operating of cultivated land; production and sale of food crops such as rice and corn; technology, information, and services related to crop production; retail of fertilizers (only branches can operate these businesses); and real estate development and sales.
70GF Score

Get the complete analysis for SHSE:600598

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

¥12.20
Price
¥14.97
GF Value