Ningbo Fubang High Tech Materials Co (SHSE:600768) Pretax Margin %: 8.68% (As of Jun. 2026) — 99% 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:600768 Ningbo Fubang High Tech Materials Co Ltd SHSE:600768
73 GF Score
Price ¥15.01
GF Value ¥21.18
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Ningbo Fubang High Tech Materials Co Pretax Margin %?

Ningbo Fubang High Tech Materials Co SHSE:600768 -0.66% 73 Pretax Margin % is 8.68% as of Jun. 2026, which is 99% above its 10-year median of 4.36. GuruFocus rates SHSE:600768 with a GF Score™ of 73/100 and a GF Value™ of ¥21.18 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 848 Metals & Mining companies, Ningbo Fubang High Tech Materials Co ranks better than 59.67% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Ningbo Fubang High Tech Materials Co's Pre-Tax Income for the three months ended in Jun. 2026 was ¥54 Mil. Ningbo Fubang High Tech Materials Co's Revenue for the three months ended in Jun. 2026 was ¥619 Mil. Therefore, Ningbo Fubang High Tech Materials Co's pretax margin for the quarter that ended in Jun. 2026 was 8.68%.

The historical rank and industry rank for Ningbo Fubang High Tech Materials Co's Pretax Margin % or its related term are showing as below:

SHSE:600768' s Pretax Margin % Range Over the Past 10 Years
Min: -4.22   Med: 4.36   Max: 75.75
Current: 11.38


SHSE:600768's Pretax Margin % is ranked better than
59.67% of 848 companies
in the Metals & Mining industry
Industry Median: 6.055 vs SHSE:600768: 11.38

Ningbo Fubang High Tech Materials Co  (SHSE:600768) 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.


Ningbo Fubang High Tech Materials Co Pretax Margin % Related Terms


Ningbo Fubang High Tech Materials Co Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Ningbo Fubang High Tech Materials 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.

Ningbo Fubang High Tech Materials Co Pretax Margin % Chart

Ningbo Fubang High Tech Materials 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 1.90 75.75 5.65 3.07 8.03

Ningbo Fubang High Tech Materials Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.52 5.18 15.41 16.83 8.68

SHSE:600768 vs AA: Pretax Margin % Comparison

For the Aluminum subindustry, Ningbo Fubang High Tech Materials 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.


Ningbo Fubang High Tech Materials Co Pretax Margin % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ningbo Fubang High Tech Materials Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Ningbo Fubang High Tech Materials Co's Pretax Margin % falls into.


SHSE:600768
73GF Score
Ningbo Fubang High Tech Materials Co Ltd SHSE:600768
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Fubang High Tech Materials 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.

Ningbo Fubang High Tech Materials 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 )
=92.945/1157.57
=8.03 %

Ningbo Fubang High Tech Materials Co's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=53.759/619.157
=8.68 %

* 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 8.68% mean?
Ningbo Fubang High Tech Materials Co (SHSE:600768) has a Pretax Margin % of 8.68% as of Jun. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Ningbo Fubang High Tech Materials Co and its competitors. This is 99% above median its historical median of 4.36. According to the industry distribution chart, Ningbo Fubang High Tech Materials Co ranks #342 out of 848 companies in the Metals & Mining industry, placing it in the top 40.3%.
Is Ningbo Fubang High Tech Materials Co's Pretax Margin % too high?
Ningbo Fubang High Tech Materials Co's current Pretax Margin % of 8.68% is 99% above median its 10-year median of 4.36. The Metals & Mining industry median Pretax Margin % is 6.06. Ningbo Fubang High Tech Materials Co's value of 8.68% is 43.4% above this industry median. Based on the distribution chart, Ningbo Fubang High Tech Materials Co ranks #342 out of 848 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Ningbo Fubang High Tech Materials Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Fubang High Tech Materials Co's Pretax Margin % compare to AA?
According to the Metals & Mining industry distribution chart, Ningbo Fubang High Tech Materials Co ranks #342 out of 848 companies for Pretax Margin %. This puts Ningbo Fubang High Tech Materials Co in the upper half of its industry. The industry median Pretax Margin % is 6.06. Ningbo Fubang High Tech Materials Co's value of 8.68% is 43.4% above this benchmark. While the company's 10-year median is 4.36 vs. the industry median of 6.06, Ningbo Fubang High Tech Materials 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 Metals & Mining company?
The median Pretax Margin % among Metals & Mining companies is 6.06, based on 848 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. Ningbo Fubang High Tech Materials Co's current Pretax Margin % of 8.68% is 43.4% 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 Ningbo Fubang High Tech Materials Co and its competitors. For the Metals & Mining industry, the median Pretax Margin % is 6.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Fubang High Tech Materials Co's current Pretax Margin % is 8.68%, which is 99% above median its own 10-year median of 4.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Fubang High Tech Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Fubang High Tech Materials Co (SHSE:600768) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥21.18, compared to a current price of ¥15.01 — trading 29.1% below its estimated fair value. The current Pretax Margin % is 8.68%, which is 99% above median its 10-year median of 4.36 and 43.4% above the Metals & Mining industry median of 6.06. Ningbo Fubang High Tech Materials Co's overall GF Score™ is 73/100 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 Ningbo Fubang High Tech Materials Co (SHSE:600768), the current Pretax Margin % is 8.68% as of Jun. 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 Ningbo Fubang High Tech Materials Co (SHSE:600768) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Fubang High Tech Materials Co stock appears to be undervalued. The current stock price of ¥15.01 is trading 29.1% below its estimated GF Value™ of ¥21.18. GuruFocus considers Ningbo Fubang High Tech Materials Co to be Modestly Undervalued.

Key valuation signals for SHSE:600768:

  • Pretax Margin %: 8.68% (99% above median its 10-year median of 4.36)
  • GF Value™: ¥21.18 vs. price of ¥15.01 (29.1% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 43.4% above the Metals & Mining median (#342 of 848)

No single metric tells the full story. See the SHSE:600768 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Fubang High Tech Materials Co Business Description

Address No. 188, Ningdong Road, 22th Floor, Building D, Fubon Center, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315192
Ningbo Fubang Jingye Group Co Ltd engages in the regional deep processing of industrial and civil aluminum profiles, and also engages in the trade of aluminum cast bars.
73GF Score

Get the complete analysis for SHSE:600768

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

¥15.01
Price
¥21.18
GF Value