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The historical rank and industry rank for Hefei Changqing Machinery Co's Pretax Margin % or its related term are showing as below:
SHSE:603768'
s Pretax Margin % Range Over the Past 10 Years
Min: -6.12 Med: 3.56 Max: 11.87
Current: -5.75
SHSE:603768's Pretax Margin % is ranked worse than 87.28% of 1321
companies
in the Vehicles & Parts industry
Industry Median: 4.45
vs SHSE:603768: -5.75
Hefei Changqing Machinery Co (SHSE:603768) 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.
Hefei Changqing Machinery Co Pretax Margin % Related Terms
Hefei Changqing Machinery 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.
Hefei Changqing Machinery Co Pretax Margin % Chart
SHSE:603768 vs ORLY, AZO: Pretax Margin % Comparison
For the Auto Parts subindustry, Hefei Changqing Machinery 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.
Hefei Changqing Machinery Co Pretax Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hefei Changqing Machinery Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Hefei Changqing Machinery 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.
Hefei Changqing Machinery Co (SHSE:603768) has a Pretax Margin % of 1.08% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Hefei Changqing Machinery Co and its competitors. This is 70% below median its historical median of 3.56. According to the industry distribution chart, Hefei Changqing Machinery Co ranks #1153 out of 1321 companies in the Vehicles & Parts industry, placing it in the top 87.3%.
Is Hefei Changqing Machinery Co's Pretax Margin % too high?
Hefei Changqing Machinery Co's current Pretax Margin % of 1.08% is 70% below median its 10-year median of 3.56. The Vehicles & Parts industry median Pretax Margin % is 4.45. Hefei Changqing Machinery Co's value of 1.08% is 75.7% below this industry median. Based on the distribution chart, Hefei Changqing Machinery Co ranks #1153 out of 1321 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Hefei Changqing Machinery Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hefei Changqing Machinery Co's Pretax Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hefei Changqing Machinery Co ranks #1153 out of 1321 companies for Pretax Margin %. This places Hefei Changqing Machinery Co in the lower half of its industry. The industry median Pretax Margin % is 4.45. Hefei Changqing Machinery Co's value of 1.08% is 75.7% below this benchmark. While the company's 10-year median is 3.56 vs. the industry median of 4.45, Hefei Changqing Machinery Co has consistently been below 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 Vehicles & Parts company?
The median Pretax Margin % among Vehicles & Parts companies is 4.45, based on 1,321 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. Hefei Changqing Machinery Co's current Pretax Margin % of 1.08% is 75.7% below 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 Hefei Changqing Machinery Co and its competitors. For the Vehicles & Parts industry, the median Pretax Margin % is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hefei Changqing Machinery Co's current Pretax Margin % is 1.08%, which is 70% below median its own 10-year median of 3.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hefei Changqing Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Hefei Changqing Machinery Co (SHSE:603768) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥12.42, compared to a current price of ¥10.12 — trading 18.5% below its estimated fair value. The current Pretax Margin % is 1.08%, which is 70% below median its 10-year median of 3.56 and 75.7% below the Vehicles & Parts industry median of 4.45. Hefei Changqing Machinery Co's overall GF Score™ is 66/100 with 11 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 Hefei Changqing Machinery Co (SHSE:603768), the current Pretax Margin % is 1.08% 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 Hefei Changqing Machinery Co (SHSE:603768) Overvalued in 2026?
Based on GuruFocus' analysis, Hefei Changqing Machinery Co stock appears to be undervalued.
The current stock price of ¥10.12 is trading 18.5% below its estimated GF Value™ of ¥12.42.
GuruFocus considers Hefei Changqing Machinery Co to be Modestly Undervalued.
Key valuation signals for SHSE:603768:
Pretax Margin %: 1.08% (70% below median its 10-year median of 3.56)
GF Value™: ¥12.42 vs. price of ¥10.12 (18.5% below fair value)
Industry Position: 75.7% below the Vehicles & Parts median (#1153 of 1321)
No single metric tells the full story. See the SHSE:603768 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hefei Changqing Machinery Co Ltd is a China based company primarily engaged in the manufacturing of automotive parts. The company researches, develops, and produces automotive stamping, mold fixture products, and welding parts. It offers products for passenger cars, VIP cars, commercial vehicles, electrophoresis, and other series. The product portfolio of the company comprises chassis frame, air reservoir, silencer, forklift roof, stringer, and other related accessories.
66GF Score
Get the complete analysis for SHSE:603768
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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