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Dawning Information Industry Co (SHSE:603019) 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.
Dawning Information Industry Co Pretax Margin % Related Terms
Dawning Information Industry 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.
Dawning Information Industry Co Pretax Margin % Chart
SHSE:603019 vs DELL, ANET, SNDK: Pretax Margin % Comparison
For the Computer Hardware subindustry, Dawning Information Industry 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.
Dawning Information Industry Co Pretax Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Dawning Information Industry Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Dawning Information Industry 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.
Dawning Information Industry Co (SHSE:603019) has a Pretax Margin % of 19.89% as of Jun. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Dawning Information Industry Co and its competitors. This is 73% above median its historical median of 11.52. Over the past decade, Dawning Information Industry Co's Pretax Margin % has ranged from 5.90 to 17.42. According to the industry distribution chart, Dawning Information Industry Co ranks #377 out of 2476 companies in the Hardware industry, placing it in the top 15.2%.
Is Dawning Information Industry Co's Pretax Margin % too high?
Dawning Information Industry Co's current Pretax Margin % of 19.89% is 73% above median its 10-year median of 11.52. Over the past 10 years, this metric has ranged from a low of 5.90 to a high of 17.42. The Hardware industry median Pretax Margin % is 4.03. Dawning Information Industry Co's value of 19.89% is 394.2% above this industry median. Based on the distribution chart, Dawning Information Industry Co ranks #377 out of 2476 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Dawning Information Industry Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dawning Information Industry Co's Pretax Margin % compare to DELL and ANET?
According to the Hardware industry distribution chart, Dawning Information Industry Co ranks #377 out of 2476 companies for Pretax Margin %. This places Dawning Information Industry Co in the top 15% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 4.03. Dawning Information Industry Co's value of 19.89% is 394.2% above this benchmark. Historically, Dawning Information Industry Co's own Pretax Margin % has ranged from 5.90 to 17.42 over the past decade. While the company's 10-year median is 11.52 vs. the industry median of 4.03, Dawning Information Industry 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 Hardware company?
The median Pretax Margin % among Hardware companies is 4.03, based on 2,476 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. Dawning Information Industry Co's current Pretax Margin % of 19.89% is 394.2% 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 Dawning Information Industry Co and its competitors. For the Hardware industry, the median Pretax Margin % is 4.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dawning Information Industry Co's current Pretax Margin % is 19.89%, which is 73% above median its own 10-year median of 11.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dawning Information Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Dawning Information Industry Co (SHSE:603019) is currently considered Fairly Valued. The stock's GF Value™ is ¥83.34, compared to a current price of ¥86.67 — trading 4% above its estimated fair value. The current Pretax Margin % is 19.89%, which is 73% above median its 10-year median of 11.52 and 394.2% above the Hardware industry median of 4.03. Dawning Information Industry Co's overall GF Score™ is 92/100 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 Dawning Information Industry Co (SHSE:603019), the current Pretax Margin % is 19.89% as of Jun. 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 Dawning Information Industry Co (SHSE:603019) Overvalued in 2026?
Based on GuruFocus' analysis, Dawning Information Industry Co stock appears to be overvalued.
The current stock price of ¥86.67 is trading 4% above its estimated GF Value™ of ¥83.34.
GuruFocus considers Dawning Information Industry Co to be Fairly Valued.
Key valuation signals for SHSE:603019:
Pretax Margin %: 19.89% (73% above median its 10-year median of 11.52)
GF Value™: ¥83.34 vs. price of ¥86.67 (4% above fair value)
Industry Position: 394.2% above the Hardware median (#377 of 2476)
No single metric tells the full story. See the SHSE:603019 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dawning Information Industry Co Ltd is engaged in the research and development and manufacturing of core IT equipment, the company provides high-end computers, storage products and integrated services for cloud computing and big data.
92GF Score
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