Shanghai Laiyifen Co (SHSE:603777) Pretax Margin %: -1.05% (As of Mar. 2026)

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:603777 Shanghai Laiyifen Co Ltd SHSE:603777
64 GF Score
Price ¥13.23
GF Value ¥12.64
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Shanghai Laiyifen Co Pretax Margin %?

Shanghai Laiyifen Co SHSE:603777 +3.12% 64 Pretax Margin % is -1.05% as of Mar. 2026. GuruFocus rates SHSE:603777 with a GF Score™ of 64/100 and a GF Value™ of ¥12.64 (Fairly Valued). The stock has 2 warning signs investors should review. Among 309 Retail - Defensive companies, Shanghai Laiyifen Co ranks worse than 88.67% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Shanghai Laiyifen Co's Pre-Tax Income for the three months ended in Mar. 2026 was ¥-11 Mil. Shanghai Laiyifen Co's Revenue for the three months ended in Mar. 2026 was ¥1,036 Mil. Therefore, Shanghai Laiyifen Co's pretax margin for the quarter that ended in Mar. 2026 was -1.05%.

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

SHSE:603777' s Pretax Margin % Range Over the Past 10 Years
Min: -4.31   Med: 1.23   Max: 6.03
Current: -4.31


SHSE:603777's Pretax Margin % is ranked worse than
88.67% of 309 companies
in the Retail - Defensive industry
Industry Median: 3.04 vs SHSE:603777: -4.31

Shanghai Laiyifen Co  (SHSE:603777) 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.


Shanghai Laiyifen Co Pretax Margin % Related Terms


Shanghai Laiyifen Co Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Shanghai Laiyifen 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.

Shanghai Laiyifen Co Pretax Margin % Chart

Shanghai Laiyifen 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 1.24 2.60 1.72 -2.11 -3.62

Shanghai Laiyifen 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 1.44 -6.35 -7.92 -2.52 -1.05

SHSE:603777 vs KR: Pretax Margin % Comparison

For the Grocery Stores subindustry, Shanghai Laiyifen 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.


Shanghai Laiyifen Co Pretax Margin % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Shanghai Laiyifen Co's Pretax Margin % distribution charts can be found below:

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


SHSE:603777
64GF Score
Shanghai Laiyifen Co Ltd SHSE:603777
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Laiyifen 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.

Shanghai Laiyifen 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 )
=-138.296/3819.015
=-3.62 %

Shanghai Laiyifen 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 )
=-10.838/1036.429
=-1.05 %

* 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 -1.05% mean?
Shanghai Laiyifen Co (SHSE:603777) has a Pretax Margin % of -1.05% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Shanghai Laiyifen Co and its competitors. According to the industry distribution chart, Shanghai Laiyifen Co ranks #274 out of 309 companies in the Retail - Defensive industry, placing it in the top 88.7%.
Is Shanghai Laiyifen Co's Pretax Margin % too high?
Shanghai Laiyifen Co's current Pretax Margin % is -1.05%. Based on the distribution chart, Shanghai Laiyifen Co ranks #274 out of 309 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Shanghai Laiyifen Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Laiyifen Co's Pretax Margin % compare to KR?
According to the Retail - Defensive industry distribution chart, Shanghai Laiyifen Co ranks #274 out of 309 companies for Pretax Margin %. This places Shanghai Laiyifen Co in the lower half of its industry. The industry median Pretax Margin % is 3.04. 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 Retail - Defensive company?
The median Pretax Margin % among Retail - Defensive companies is 3.04, based on 309 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. 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 Shanghai Laiyifen Co and its competitors. For the Retail - Defensive industry, the median Pretax Margin % is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Laiyifen Co's current Pretax Margin % is -1.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Laiyifen Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Laiyifen Co (SHSE:603777) is currently considered Fairly Valued. The stock's GF Value™ is ¥12.64, compared to a current price of ¥13.23 — trading 4.7% above its estimated fair value. The current Pretax Margin % is -1.05%. Shanghai Laiyifen Co's overall GF Score™ is 64/100 with 2 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 Shanghai Laiyifen Co (SHSE:603777), the current Pretax Margin % is -1.05% 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 Shanghai Laiyifen Co (SHSE:603777) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Laiyifen Co stock appears to be overvalued. The current stock price of ¥13.23 is trading 4.7% above its estimated GF Value™ of ¥12.64. GuruFocus considers Shanghai Laiyifen Co to be Fairly Valued.

Key valuation signals for SHSE:603777:

  • Pretax Margin %: -1.05%
  • GF Value™: ¥12.64 vs. price of ¥13.23 (4.7% above fair value)
  • GF Score™: 64/100 with 2 warning signs

No single metric tells the full story. See the SHSE:603777 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Laiyifen Co Business Description

Address No. 300, Jiufu Road, Jiuting Town, Songjiang District, Shanghai, CHN, 201615
Shanghai Laiyifen Co Ltd is an omnichannel operator of its own branded snack foods. The company's core brand is Lai Yifen. Its products cover nuts, meat products, dried fruit, pastries, vegetables, soy products and 9 categories of snack foods such as aquatic products, chocolate candies/jelly and puffed.
64GF Score

Get the complete analysis for SHSE:603777

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

¥13.23
Price
¥12.64
GF Value