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CETC Chips TechnologySHSE:600877 -9.98%62 Pretax Margin % is 0.10% as of Mar. 2026, which is 99% below its 10-year median of 14.96. GuruFocus rates SHSE:600877 with a GF Score™ of 62/100 and a GF Value™ of ¥9.57 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,022 Semiconductors companies, CETC Chips Technology ranks worse than 54.7% on this metric.
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.
CETC Chips Technology Pretax Margin % Related Terms
CETC Chips Technology Pretax Margin % Historical Data
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The historical data trend for CETC Chips Technology'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.
SHSE:600877 vs NVDA, AVGO, MU: Pretax Margin % Comparison
For the Semiconductors subindustry, CETC Chips Technology'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.
CETC Chips Technology Pretax Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, CETC Chips Technology's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where CETC Chips Technology'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.
CETC Chips Technology (SHSE:600877) has a Pretax Margin % of 0.10% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on CETC Chips Technology and its competitors. This is 99% below median its historical median of 14.96. According to the industry distribution chart, CETC Chips Technology ranks #559 out of 1022 companies in the Semiconductors industry, placing it in the top 54.7%.
Is CETC Chips Technology's Pretax Margin % too high?
CETC Chips Technology's current Pretax Margin % of 0.10% is 99% below median its 10-year median of 14.96. The Semiconductors industry median Pretax Margin % is 5.08. CETC Chips Technology's value of 0.10% is 98% below this industry median. Based on the distribution chart, CETC Chips Technology ranks #559 out of 1022 companies in the Semiconductors industry, which is below the industry midpoint. Overall, CETC Chips Technology has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CETC Chips Technology's Pretax Margin % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, CETC Chips Technology ranks #559 out of 1022 companies for Pretax Margin %. This places CETC Chips Technology in the lower half of its industry. The industry median Pretax Margin % is 5.08. CETC Chips Technology's value of 0.10% is 98% below this benchmark. While the company's 10-year median is 14.96 vs. the industry median of 5.08, CETC Chips Technology 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 Semiconductors company?
The median Pretax Margin % among Semiconductors companies is 5.08, based on 1,022 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. CETC Chips Technology's current Pretax Margin % of 0.10% is 98% 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 CETC Chips Technology and its competitors. For the Semiconductors industry, the median Pretax Margin % is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CETC Chips Technology's current Pretax Margin % is 0.10%, which is 99% below median its own 10-year median of 14.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CETC Chips Technology stock overvalued right now?
Based on GuruFocus' analysis, CETC Chips Technology (SHSE:600877) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥9.57, compared to a current price of ¥15.24 — trading 59.2% above its estimated fair value. The current Pretax Margin % is 0.10%, which is 99% below median its 10-year median of 14.96 and 98% below the Semiconductors industry median of 5.08. CETC Chips Technology's overall GF Score™ is 62/100 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 CETC Chips Technology (SHSE:600877), the current Pretax Margin % is 0.10% 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 CETC Chips Technology (SHSE:600877) Overvalued in 2026?
Based on GuruFocus' analysis, CETC Chips Technology stock appears to be overvalued.
The current stock price of ¥15.24 is trading 59.2% above its estimated GF Value™ of ¥9.57.
GuruFocus considers CETC Chips Technology to be Significantly Overvalued.
Key valuation signals for SHSE:600877:
Pretax Margin %: 0.10% (99% below median its 10-year median of 14.96)
GF Value™: ¥9.57 vs. price of ¥15.24 (59.2% above fair value)
Industry Position: 98% below the Semiconductors median (#559 of 1022)
No single metric tells the full story. See the SHSE:600877 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CETC Chips Technology Inc is engaged in the design, research and development, manufacture, testing and sales of silicon-based analog semiconductor chips and their application products.
62GF Score
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