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HangZhou Nbond Nonwovens CoSHSE:603238 +0.35%63 Pretax Margin % is 6.02% as of Mar. 2026, which is 32% below its 10-year median of 8.84. GuruFocus rates SHSE:603238 with a GF Score™ of 63/100 and a GF Value™ of ¥20.56 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,042 Manufacturing - Apparel & Accessories companies, HangZhou Nbond Nonwovens Co ranks better than 60.75% on this metric.
The historical rank and industry rank for HangZhou Nbond Nonwovens Co's Pretax Margin % or its related term are showing as below:
SHSE:603238'
s Pretax Margin % Range Over the Past 10 Years
Min: 3.32 Med: 8.84 Max: 23.04
Current: 5.65
SHSE:603238's Pretax Margin % is ranked better than 60.75% of 1042
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.525
vs SHSE:603238: 5.65
HangZhou Nbond Nonwovens Co (SHSE:603238) 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.
HangZhou Nbond Nonwovens Co Pretax Margin % Related Terms
HangZhou Nbond Nonwovens 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.
HangZhou Nbond Nonwovens Co Pretax Margin % Competitor Comparison
For the Textile Manufacturing subindustry, HangZhou Nbond Nonwovens 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.
HangZhou Nbond Nonwovens Co Pretax Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, HangZhou Nbond Nonwovens Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where HangZhou Nbond Nonwovens 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.
HangZhou Nbond Nonwovens Co (SHSE:603238) has a Pretax Margin % of 6.02% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on HangZhou Nbond Nonwovens Co and its competitors. This is 32% below median its historical median of 8.84. Over the past decade, HangZhou Nbond Nonwovens Co's Pretax Margin % has ranged from 3.32 to 23.04. According to the industry distribution chart, HangZhou Nbond Nonwovens Co ranks #409 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 39.3%.
Is HangZhou Nbond Nonwovens Co's Pretax Margin % too high?
HangZhou Nbond Nonwovens Co's current Pretax Margin % of 6.02% is 32% below median its 10-year median of 8.84. Over the past 10 years, this metric has ranged from a low of 3.32 to a high of 23.04. The Manufacturing - Apparel & Accessories industry median Pretax Margin % is 3.53. HangZhou Nbond Nonwovens Co's value of 6.02% is 70.8% above this industry median. Based on the distribution chart, HangZhou Nbond Nonwovens Co ranks #409 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, HangZhou Nbond Nonwovens 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 HangZhou Nbond Nonwovens Co's Pretax Margin % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, HangZhou Nbond Nonwovens Co ranks #409 out of 1042 companies for Pretax Margin %. This puts HangZhou Nbond Nonwovens Co in the upper half of its industry. The industry median Pretax Margin % is 3.53. HangZhou Nbond Nonwovens Co's value of 6.02% is 70.8% above this benchmark. Historically, HangZhou Nbond Nonwovens Co's own Pretax Margin % has ranged from 3.32 to 23.04 over the past decade. While the company's 10-year median is 8.84 vs. the industry median of 3.53, HangZhou Nbond Nonwovens 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 Manufacturing - Apparel & Accessories company?
The median Pretax Margin % among Manufacturing - Apparel & Accessories companies is 3.53, based on 1,042 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. HangZhou Nbond Nonwovens Co's current Pretax Margin % of 6.02% is 70.8% 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 HangZhou Nbond Nonwovens Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Pretax Margin % is 3.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HangZhou Nbond Nonwovens Co's current Pretax Margin % is 6.02%, which is 32% below median its own 10-year median of 8.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HangZhou Nbond Nonwovens Co stock overvalued right now?
Based on GuruFocus' analysis, HangZhou Nbond Nonwovens Co (SHSE:603238) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥20.56, compared to a current price of ¥11.58 — trading 43.7% below its estimated fair value. The current Pretax Margin % is 6.02%, which is 32% below median its 10-year median of 8.84 and 70.8% above the Manufacturing - Apparel & Accessories industry median of 3.53. HangZhou Nbond Nonwovens Co's overall GF Score™ is 63/100 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 HangZhou Nbond Nonwovens Co (SHSE:603238), the current Pretax Margin % is 6.02% 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 HangZhou Nbond Nonwovens Co (SHSE:603238) Overvalued in 2026?
Based on GuruFocus' analysis, HangZhou Nbond Nonwovens Co stock appears to be undervalued.
The current stock price of ¥11.58 is trading 43.7% below its estimated GF Value™ of ¥20.56.
GuruFocus considers HangZhou Nbond Nonwovens Co to be Significantly Undervalued.
Key valuation signals for SHSE:603238:
Pretax Margin %: 6.02% (32% below median its 10-year median of 8.84)
GF Value™: ¥20.56 vs. price of ¥11.58 (43.7% below fair value)
Industry Position: 70.8% above the Manufacturing - Apparel & Accessories median (#409 of 1042)
No single metric tells the full story. See the SHSE:603238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HangZhou Nbond Nonwovens Co Ltd is a China-based company engages in the production and sale of non-woven fabrics. The Company is a company specializing in the research and development, production and sales of differentiated and personalized spunlace nonwoven materials and their products. The spunlace nonwoven materials produced by the Company are mainly used in four product areas: beauty care, industrial materials, civil cleaning, and medical materials. The Company's products are divided into two categories: spunlace nonwoven materials and spunlace nonwoven material products.
63GF Score
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