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SHSE:600860'
s Pretax Margin % Range Over the Past 10 Years
Min: -20.12 Med: -3.47 Max: 11.21
Current: -8.18
SHSE:600860's Pretax Margin % is ranked worse than 84.63% of 3032
companies
in the Industrial Products industry
Industry Median: 5.805
vs SHSE:600860: -8.18
Beijing Jingcheng Machinery Electric Co (SHSE:600860) 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.
Beijing Jingcheng Machinery Electric Co Pretax Margin % Related Terms
Beijing Jingcheng Machinery Electric 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.
Beijing Jingcheng Machinery Electric Co Pretax Margin % Chart
Beijing Jingcheng Machinery Electric Co Annual Data
SHSE:600860 vs GEV, ETN, PH: Pretax Margin % Comparison
For the Specialty Industrial Machinery subindustry, Beijing Jingcheng Machinery Electric 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.
Beijing Jingcheng Machinery Electric Co Pretax Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Beijing Jingcheng Machinery Electric Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Beijing Jingcheng Machinery Electric 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.
Beijing Jingcheng Machinery Electric Co (SHSE:600860) has a Pretax Margin % of -12.04% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Beijing Jingcheng Machinery Electric Co and its competitors. According to the industry distribution chart, Beijing Jingcheng Machinery Electric Co ranks #2566 out of 3032 companies in the Industrial Products industry, placing it in the top 84.6%.
Is Beijing Jingcheng Machinery Electric Co's Pretax Margin % too high?
Beijing Jingcheng Machinery Electric Co's current Pretax Margin % is -12.04%. Based on the distribution chart, Beijing Jingcheng Machinery Electric Co ranks #2566 out of 3032 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Beijing Jingcheng Machinery Electric Co has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Beijing Jingcheng Machinery Electric Co's Pretax Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Beijing Jingcheng Machinery Electric Co ranks #2566 out of 3032 companies for Pretax Margin %. This places Beijing Jingcheng Machinery Electric Co in the lower half of its industry. The industry median Pretax Margin % is 5.81. 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 Industrial Products company?
The median Pretax Margin % among Industrial Products companies is 5.81, based on 3,032 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. 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 Beijing Jingcheng Machinery Electric Co and its competitors. For the Industrial Products industry, the median Pretax Margin % is 5.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Jingcheng Machinery Electric Co's current Pretax Margin % is -12.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Jingcheng Machinery Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing Jingcheng Machinery Electric Co (SHSE:600860) is currently considered Possible Value Trap. The stock's GF Value™ is ¥12.86, compared to a current price of ¥7.94 — trading 38.3% below its estimated fair value. The current Pretax Margin % is -12.04%. Beijing Jingcheng Machinery Electric Co's overall GF Score™ is 45/100 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 Beijing Jingcheng Machinery Electric Co (SHSE:600860), the current Pretax Margin % is -12.04% 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 Beijing Jingcheng Machinery Electric Co (SHSE:600860) Overvalued in 2026?
Based on GuruFocus' analysis, Beijing Jingcheng Machinery Electric Co stock appears to be undervalued.
The current stock price of ¥7.94 is trading 38.3% below its estimated GF Value™ of ¥12.86.
GuruFocus considers Beijing Jingcheng Machinery Electric Co to be Possible Value Trap.
Key valuation signals for SHSE:600860:
Pretax Margin %: -12.04%
GF Value™: ¥12.86 vs. price of ¥7.94 (38.3% below fair value)
No single metric tells the full story. See the SHSE:600860 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beijing Jingcheng Machinery Electric Co Business Description
Beijing Jingcheng Machinery Electric Co Ltd is a manufacturer of gas storage and transportation equipment. It offers various services including the development, design, installation, and maintenance of cryogenic containers, compressors; machinery equipment, and electrical equipment. It has two main segments Gas Storage and Transportation Segment and Intelligent Manufacturing Segment. The company's products include seamless cylinders, wrapped composite cylinders, portable oxygen supply units for medical purposes, LNG fuel tanks, cryogenic gas cylinders, bottle and cylinder gasifiers, refueling stations, and systematic solutions among others.
45GF Score
Get the complete analysis for SHSE:600860
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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