China Three Gorges Renewables (Group) Co (SHSE:600905) Pretax Margin %: 20.67% (As of Mar. 2026) — 45% Below Median


SHSE:600905 China Three Gorges Renewables (Group) Co Ltd SHSE:600905
83 GF Score
Price ¥3.75
GF Value ¥4.43
Valuation Modestly Undervalued
! 9 Warning Signs
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What is China Three Gorges Renewables (Group) Co Pretax Margin %?

China Three Gorges Renewables (Group) Co SHSE:600905 -1.32% 83 Pretax Margin % is 20.67% as of Mar. 2026, which is 45% below its 10-year median of 37.59. GuruFocus rates SHSE:600905 with a GF Score™ of 83/100 and a GF Value™ of ¥4.43 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 422 Utilities - Independent Power Producers companies, China Three Gorges Renewables (Group) Co ranks better than 58.29% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. China Three Gorges Renewables (Group) Co's Pre-Tax Income for the three months ended in Mar. 2026 was ¥1,436 Mil. China Three Gorges Renewables (Group) Co's Revenue for the three months ended in Mar. 2026 was ¥6,948 Mil. Therefore, China Three Gorges Renewables (Group) Co's pretax margin for the quarter that ended in Mar. 2026 was 20.67%.

The historical rank and industry rank for China Three Gorges Renewables (Group) Co's Pretax Margin % or its related term are showing as below:

SHSE:600905' s Pretax Margin % Range Over the Past 10 Years
Min: 12.35   Med: 37.59   Max: 45.75
Current: 12.35


SHSE:600905's Pretax Margin % is ranked better than
58.29% of 422 companies
in the Utilities - Independent Power Producers industry
Industry Median: 8.655 vs SHSE:600905: 12.35

China Three Gorges Renewables (Group) Co  (SHSE:600905) 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.


China Three Gorges Renewables (Group) Co Pretax Margin % Related Terms


China Three Gorges Renewables (Group) Co Pretax Margin % Historical Data

* Premium members only.

The historical data trend for China Three Gorges Renewables (Group) 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.

China Three Gorges Renewables (Group) Co Pretax Margin % Chart

China Three Gorges Renewables (Group) 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 45.75 37.80 34.00 28.80 17.72

China Three Gorges Renewables (Group) 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 39.90 23.94 11.98 -6.98 20.67

China Three Gorges Renewables (Group) Co Pretax Margin % Competitor Comparison

For the Utilities - Renewable subindustry, China Three Gorges Renewables (Group) 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.


China Three Gorges Renewables (Group) Co Pretax Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Three Gorges Renewables (Group) Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where China Three Gorges Renewables (Group) Co's Pretax Margin % falls into.


SHSE:600905
83GF Score
China Three Gorges Renewables (Group) Co Ltd SHSE:600905
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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China Three Gorges Renewables (Group) 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.

China Three Gorges Renewables (Group) 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 )
=5032.395/28399.42
=17.72 %

China Three Gorges Renewables (Group) 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 )
=1435.879/6948.044
=20.67 %

* 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 20.67% mean?
China Three Gorges Renewables (Group) Co (SHSE:600905) has a Pretax Margin % of 20.67% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on China Three Gorges Renewables (Group) Co and its competitors. This is 45% below median its historical median of 37.59. Over the past decade, China Three Gorges Renewables (Group) Co's Pretax Margin % has ranged from 12.35 to 45.75. According to the industry distribution chart, China Three Gorges Renewables (Group) Co ranks #176 out of 422 companies in the Utilities - Independent Power Producers industry, placing it in the top 41.7%.
Is China Three Gorges Renewables (Group) Co's Pretax Margin % too high?
China Three Gorges Renewables (Group) Co's current Pretax Margin % of 20.67% is 45% below median its 10-year median of 37.59. Over the past 10 years, this metric has ranged from a low of 12.35 to a high of 45.75. The Utilities - Independent Power Producers industry median Pretax Margin % is 8.66. China Three Gorges Renewables (Group) Co's value of 20.67% is 138.8% above this industry median. Based on the distribution chart, China Three Gorges Renewables (Group) Co ranks #176 out of 422 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, China Three Gorges Renewables (Group) Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Three Gorges Renewables (Group) Co's Pretax Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, China Three Gorges Renewables (Group) Co ranks #176 out of 422 companies for Pretax Margin %. This puts China Three Gorges Renewables (Group) Co in the upper half of its industry. The industry median Pretax Margin % is 8.66. China Three Gorges Renewables (Group) Co's value of 20.67% is 138.8% above this benchmark. Historically, China Three Gorges Renewables (Group) Co's own Pretax Margin % has ranged from 12.35 to 45.75 over the past decade. While the company's 10-year median is 37.59 vs. the industry median of 8.66, China Three Gorges Renewables (Group) 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 an Utilities - Independent Power Producers company?
The median Pretax Margin % among Utilities - Independent Power Producers companies is 8.66, based on 422 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. China Three Gorges Renewables (Group) Co's current Pretax Margin % of 20.67% is 138.8% 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 China Three Gorges Renewables (Group) Co and its competitors. For the Utilities - Independent Power Producers industry, the median Pretax Margin % is 8.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Three Gorges Renewables (Group) Co's current Pretax Margin % is 20.67%, which is 45% below median its own 10-year median of 37.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Three Gorges Renewables (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, China Three Gorges Renewables (Group) Co (SHSE:600905) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.43, compared to a current price of ¥3.75 — trading 15.3% below its estimated fair value. The current Pretax Margin % is 20.67%, which is 45% below median its 10-year median of 37.59 and 138.8% above the Utilities - Independent Power Producers industry median of 8.66. China Three Gorges Renewables (Group) Co's overall GF Score™ is 83/100 with 9 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 China Three Gorges Renewables (Group) Co (SHSE:600905), the current Pretax Margin % is 20.67% 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 China Three Gorges Renewables (Group) Co (SHSE:600905) Overvalued in 2026?

Based on GuruFocus' analysis, China Three Gorges Renewables (Group) Co stock appears to be undervalued. The current stock price of ¥3.75 is trading 15.3% below its estimated GF Value™ of ¥4.43. GuruFocus considers China Three Gorges Renewables (Group) Co to be Modestly Undervalued.

Key valuation signals for SHSE:600905:

  • Pretax Margin %: 20.67% (45% below median its 10-year median of 37.59)
  • GF Value™: ¥4.43 vs. price of ¥3.75 (15.3% below fair value)
  • GF Score™: 83/100 with 9 warning signs
  • Industry Position: 138.8% above the Utilities - Independent Power Producers median (#176 of 422)

No single metric tells the full story. See the SHSE:600905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Three Gorges Renewables (Group) Co Business Description

Address No. 2, Liangshi Street, Building 5, Chengda Center, Tongzhou District, Beijing, CHN, 101199
China Three Gorges Renewables is one of China's largest renewable energy producers. The firm operates wind farms, photovoltaic power plants, hydroelectric power plants, and energy storage projects. CTGR has a total generation capacity of about 52.4 gigawatts as of the end of 2025. The firm is also one of the largest offshore wind farm operators in China, with 7.5 GW of installed capacity at the end of 2025. Parent company China Three Gorges, a state-owned enterprise, owns approximately 52.3% of CTGR's issued shares as of the end of 2025.
83GF Score

Get the complete analysis for SHSE:600905

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

¥3.75
Price
¥4.43
GF Value