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Shanghai Material Trading CoSHSE:600822 +1.40%55 Pretax Margin % is 2.26% as of Mar. 2026, which is 31% above its 10-year median of 1.73. GuruFocus rates SHSE:600822 with a GF Score™ of 55/100 and a GF Value™ of ¥5.87 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 554 Conglomerates companies, Shanghai Material Trading Co ranks worse than 66.61% on this metric.
The historical rank and industry rank for Shanghai Material Trading Co's Pretax Margin % or its related term are showing as below:
SHSE:600822'
s Pretax Margin % Range Over the Past 10 Years
Min: 0.26 Med: 1.73 Max: 5.87
Current: 2.98
SHSE:600822's Pretax Margin % is ranked worse than 66.61% of 554
companies
in the Conglomerates industry
Industry Median: 6.58
vs SHSE:600822: 2.98
Shanghai Material Trading Co (SHSE:600822) 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.
Shanghai Material Trading Co Pretax Margin % Related Terms
Shanghai Material Trading 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.
Shanghai Material Trading Co Pretax Margin % Chart
SHSE:600822 vs HON, MMM: Pretax Margin % Comparison
For the Conglomerates subindustry, Shanghai Material Trading 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.
Shanghai Material Trading Co Pretax Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Shanghai Material Trading Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Shanghai Material Trading 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.
Shanghai Material Trading Co (SHSE:600822) has a Pretax Margin % of 2.26% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Shanghai Material Trading Co and its competitors. This is 31% above median its historical median of 1.73. Over the past decade, Shanghai Material Trading Co's Pretax Margin % has ranged from 0.26 to 5.87. According to the industry distribution chart, Shanghai Material Trading Co ranks #369 out of 554 companies in the Conglomerates industry, placing it in the top 66.6%.
Is Shanghai Material Trading Co's Pretax Margin % too high?
Shanghai Material Trading Co's current Pretax Margin % of 2.26% is 31% above median its 10-year median of 1.73. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 5.87. The Conglomerates industry median Pretax Margin % is 6.58. Shanghai Material Trading Co's value of 2.26% is 65.7% below this industry median. Based on the distribution chart, Shanghai Material Trading Co ranks #369 out of 554 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Shanghai Material Trading Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Material Trading Co's Pretax Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Shanghai Material Trading Co ranks #369 out of 554 companies for Pretax Margin %. This places Shanghai Material Trading Co in the lower half of its industry. The industry median Pretax Margin % is 6.58. Shanghai Material Trading Co's value of 2.26% is 65.7% below this benchmark. Historically, Shanghai Material Trading Co's own Pretax Margin % has ranged from 0.26 to 5.87 over the past decade. While the company's 10-year median is 1.73 vs. the industry median of 6.58, Shanghai Material Trading 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 a Conglomerates company?
The median Pretax Margin % among Conglomerates companies is 6.58, based on 554 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. Shanghai Material Trading Co's current Pretax Margin % of 2.26% is 65.7% 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 Shanghai Material Trading Co and its competitors. For the Conglomerates industry, the median Pretax Margin % is 6.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Material Trading Co's current Pretax Margin % is 2.26%, which is 31% above median its own 10-year median of 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Material Trading Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Material Trading Co (SHSE:600822) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.87, compared to a current price of ¥7.97 — trading 35.8% above its estimated fair value. The current Pretax Margin % is 2.26%, which is 31% above median its 10-year median of 1.73 and 65.7% below the Conglomerates industry median of 6.58. Shanghai Material Trading Co's overall GF Score™ is 55/100 with 1 warning sign 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 Shanghai Material Trading Co (SHSE:600822), the current Pretax Margin % is 2.26% 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 Shanghai Material Trading Co (SHSE:600822) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Material Trading Co stock appears to be overvalued.
The current stock price of ¥7.97 is trading 35.8% above its estimated GF Value™ of ¥5.87.
GuruFocus considers Shanghai Material Trading Co to be Significantly Overvalued.
Key valuation signals for SHSE:600822:
Pretax Margin %: 2.26% (31% above median its 10-year median of 1.73)
GF Value™: ¥5.87 vs. price of ¥7.97 (35.8% above fair value)
Industry Position: 65.7% below the Conglomerates median (#369 of 554)
No single metric tells the full story. See the SHSE:600822 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Material Trading Co Ltd is principally engaged in the trading of metal, oil products and automobiles. The company operates its businesses in domestic and overseas markets. Its scopr of business include metal materials, mineral products, light chemical raw materials, building materials, wood, automobiles and accessories, mechanical and electrical equipment, fuel, hardware and electricity, textile Import and export trade business; warehousing, information consulting and technical services.
55GF Score
Get the complete analysis for SHSE:600822
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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