Founder Securities Co (SHSE:601901) Pretax Margin %: 54.97% (As of Mar. 2026) — 86% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:601901 Founder Securities Co Ltd SHSE:601901
63 GF Score
Price ¥7.14
GF Value ¥10.72
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Founder Securities Co Pretax Margin %?

Founder Securities Co SHSE:601901 63 Pretax Margin % is 54.97% as of Mar. 2026, which is 86% above its 10-year median of 29.61. GuruFocus rates SHSE:601901 with a GF Score™ of 63/100 and a GF Value™ of ¥10.72 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 776 Capital Markets companies, Founder Securities Co ranks better than 76.03% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Founder Securities Co's Pre-Tax Income for the three months ended in Mar. 2026 was ¥1,861 Mil. Founder Securities Co's Revenue for the three months ended in Mar. 2026 was ¥3,385 Mil. Therefore, Founder Securities Co's pretax margin for the quarter that ended in Mar. 2026 was 54.97%.

The historical rank and industry rank for Founder Securities Co's Pretax Margin % or its related term are showing as below:

SHSE:601901' s Pretax Margin % Range Over the Past 10 Years
Min: 13.24   Med: 29.61   Max: 47.95
Current: 47.95


SHSE:601901's Pretax Margin % is ranked better than
76.03% of 776 companies
in the Capital Markets industry
Industry Median: 20.695 vs SHSE:601901: 47.95

Founder Securities Co  (SHSE:601901) 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.


Founder Securities Co Pretax Margin % Related Terms


Founder Securities Co Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Founder 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.

Founder Securities Co Pretax Margin % Chart

Founder Securities 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 31.29 28.58 30.64 28.56 45.33

Founder Securities 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 46.68 49.50 52.44 17.43 54.97

SHSE:601901 vs MS, GS, SCHW: Pretax Margin % Comparison

For the Capital Markets subindustry, Founder 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.


Founder Securities Co Pretax Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Founder Securities Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Founder Securities Co's Pretax Margin % falls into.


SHSE:601901
63GF Score
Founder Securities Co Ltd SHSE:601901
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Founder Securities 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.

Founder Securities 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 )
=4766.411/10515.357
=45.33 %

Founder Securities 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 )
=1860.733/3384.873
=54.97 %

* 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 54.97% mean?
Founder Securities Co (SHSE:601901) has a Pretax Margin % of 54.97% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Founder Securities Co and its competitors. This is 86% above median its historical median of 29.61. Over the past decade, Founder Securities Co's Pretax Margin % has ranged from 13.24 to 47.95. According to the industry distribution chart, Founder Securities Co ranks #186 out of 776 companies in the Capital Markets industry, placing it in the top 24%.
Is Founder Securities Co's Pretax Margin % too high?
Founder Securities Co's current Pretax Margin % of 54.97% is 86% above median its 10-year median of 29.61. Over the past 10 years, this metric has ranged from a low of 13.24 to a high of 47.95. The Capital Markets industry median Pretax Margin % is 20.70. Founder Securities Co's value of 54.97% is 165.6% above this industry median. Based on the distribution chart, Founder Securities Co ranks #186 out of 776 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Founder Securities Co has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Founder Securities Co's Pretax Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Founder Securities Co ranks #186 out of 776 companies for Pretax Margin %. This places Founder Securities Co in the top 24% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 20.70. Founder Securities Co's value of 54.97% is 165.6% above this benchmark. Historically, Founder Securities Co's own Pretax Margin % has ranged from 13.24 to 47.95 over the past decade. While the company's 10-year median is 29.61 vs. the industry median of 20.70, Founder 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 20.70, 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. Founder Securities Co's current Pretax Margin % of 54.97% is 165.6% 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 Founder Securities Co and its competitors. For the Capital Markets industry, the median Pretax Margin % is 20.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Founder Securities Co's current Pretax Margin % is 54.97%, which is 86% above median its own 10-year median of 29.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Founder Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Founder Securities Co (SHSE:601901) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥10.72, compared to a current price of ¥7.14 — trading 33.4% below its estimated fair value. The current Pretax Margin % is 54.97%, which is 86% above median its 10-year median of 29.61 and 165.6% above the Capital Markets industry median of 20.70. Founder Securities Co's overall GF Score™ is 63/100 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 Founder Securities Co (SHSE:601901), the current Pretax Margin % is 54.97% 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 Founder Securities Co (SHSE:601901) Overvalued in 2026?

Based on GuruFocus' analysis, Founder Securities Co stock appears to be undervalued. The current stock price of ¥7.14 is trading 33.4% below its estimated GF Value™ of ¥10.72. GuruFocus considers Founder Securities Co to be Significantly Undervalued.

Key valuation signals for SHSE:601901:

  • Pretax Margin %: 54.97% (86% above median its 10-year median of 29.61)
  • GF Value™: ¥10.72 vs. price of ¥7.14 (33.4% below fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 165.6% above the Capital Markets median (#186 of 776)

No single metric tells the full story. See the SHSE:601901 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Founder Securities Co Business Description

Address No. 36, Section 2, Xiangjiang Middle Road, Room 3701-3717, Building 4 and 5, Huayuanhua Center, Tianxin District, Hunan Province, Changsha, CHN, 410002
Founder Securities Co Ltd provides financial services. Its business includes securities brokerage, investment banking, consulting, QFII business, securities underwriting and sponsorship, and fund and asset management. It generates the majority of its revenue from the Wealth Management business segment.
63GF Score

Get the complete analysis for SHSE:601901

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

¥7.14
Price
¥10.72
GF Value