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Dongxing Securities CoSHSE:601198 -2.42%54 Pretax Margin % is 49.39% as of Mar. 2026, which is 34% above its 10-year median of 36.76. GuruFocus rates SHSE:601198 with a GF Score™ of 54/100 and a GF Value™ of ¥11.37 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 776 Capital Markets companies, Dongxing Securities Co ranks better than 79.64% on this metric.
The historical rank and industry rank for Dongxing Securities Co's Pretax Margin % or its related term are showing as below:
SHSE:601198'
s Pretax Margin % Range Over the Past 10 Years
Min: 15.94 Med: 36.76 Max: 53.52
Current: 53.44
SHSE:601198's Pretax Margin % is ranked better than 79.64% of 776
companies
in the Capital Markets industry
Industry Median: 20.795
vs SHSE:601198: 53.44
Dongxing Securities Co (SHSE:601198) 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.
Dongxing Securities Co Pretax Margin % Related Terms
Dongxing Securities Co Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Dongxing Securities 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.
SHSE:601198 vs MS, GS, SCHW: Pretax Margin % Comparison
For the Capital Markets subindustry, Dongxing Securities 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.
Dongxing Securities Co Pretax Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Dongxing Securities Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Dongxing Securities 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.
Dongxing Securities Co (SHSE:601198) has a Pretax Margin % of 49.39% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Dongxing Securities Co and its competitors. This is 34% above median its historical median of 36.76. Over the past decade, Dongxing Securities Co's Pretax Margin % has ranged from 15.94 to 53.52. According to the industry distribution chart, Dongxing Securities Co ranks #158 out of 776 companies in the Capital Markets industry, placing it in the top 20.4%.
Is Dongxing Securities Co's Pretax Margin % too high?
Dongxing Securities Co's current Pretax Margin % of 49.39% is 34% above median its 10-year median of 36.76. Over the past 10 years, this metric has ranged from a low of 15.94 to a high of 53.52. The Capital Markets industry median Pretax Margin % is 20.80. Dongxing Securities Co's value of 49.39% is 137.5% above this industry median. Based on the distribution chart, Dongxing Securities Co ranks #158 out of 776 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Dongxing Securities Co has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dongxing Securities Co's Pretax Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Dongxing Securities Co ranks #158 out of 776 companies for Pretax Margin %. This places Dongxing Securities Co in the top 20% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 20.80. Dongxing Securities Co's value of 49.39% is 137.5% above this benchmark. Historically, Dongxing Securities Co's own Pretax Margin % has ranged from 15.94 to 53.52 over the past decade. While the company's 10-year median is 36.76 vs. the industry median of 20.80, Dongxing Securities 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 Capital Markets company?
The median Pretax Margin % among Capital Markets companies is 20.80, based on 776 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. Dongxing Securities Co's current Pretax Margin % of 49.39% is 137.5% 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 Dongxing Securities Co and its competitors. For the Capital Markets industry, the median Pretax Margin % is 20.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dongxing Securities Co's current Pretax Margin % is 49.39%, which is 34% above median its own 10-year median of 36.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dongxing Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Dongxing Securities Co (SHSE:601198) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥11.37, compared to a current price of ¥13.70 — trading 20.5% above its estimated fair value. The current Pretax Margin % is 49.39%, which is 34% above median its 10-year median of 36.76 and 137.5% above the Capital Markets industry median of 20.80. Dongxing Securities Co's overall GF Score™ is 54/100 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 Dongxing Securities Co (SHSE:601198), the current Pretax Margin % is 49.39% 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 Dongxing Securities Co (SHSE:601198) Overvalued in 2026?
Based on GuruFocus' analysis, Dongxing Securities Co stock appears to be overvalued.
The current stock price of ¥13.70 is trading 20.5% above its estimated GF Value™ of ¥11.37.
GuruFocus considers Dongxing Securities Co to be Modestly Overvalued.
Key valuation signals for SHSE:601198:
Pretax Margin %: 49.39% (34% above median its 10-year median of 36.76)
GF Value™: ¥11.37 vs. price of ¥13.70 (20.5% above fair value)
Industry Position: 137.5% above the Capital Markets median (#158 of 776)
No single metric tells the full story. See the SHSE:601198 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dongxing Securities Co Ltd is engaged in securities brokerage, securities investment consulting, financial consulting related to securities trading and securities investment activities, securities underwriting and sponsorship, securities investment fund sales, securities self-operation and securities asset management business, margin financing and securities lending business, and consignment of financial products.
54GF Score
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