China Southern Power Grid Technology Co (SHSE:688248) Pretax Margin %: 12.08% (As of Mar. 2026) — Near Median


SHSE:688248 China Southern Power Grid Technology Co Ltd SHSE:688248
92 GF Score
Price ¥59.50
GF Value ¥46.78
Valuation Modestly Overvalued
! 4 Warning Signs
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What is China Southern Power Grid Technology Co Pretax Margin %?

China Southern Power Grid Technology Co SHSE:688248 -3.82% 92 Pretax Margin % is 12.08% as of Mar. 2026, which is 2% above its 10-year median of 11.86. GuruFocus rates SHSE:688248 with a GF Score™ of 92/100 and a GF Value™ of ¥46.78 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 3,027 Industrial Products companies, China Southern Power Grid Technology Co ranks better than 75.69% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. China Southern Power Grid Technology Co's Pre-Tax Income for the three months ended in Mar. 2026 was ¥54 Mil. China Southern Power Grid Technology Co's Revenue for the three months ended in Mar. 2026 was ¥445 Mil. Therefore, China Southern Power Grid Technology Co's pretax margin for the quarter that ended in Mar. 2026 was 12.08%.

The historical rank and industry rank for China Southern Power Grid Technology Co's Pretax Margin % or its related term are showing as below:

SHSE:688248' s Pretax Margin % Range Over the Past 10 Years
Min: 4.74   Med: 11.86   Max: 13.62
Current: 12.72


SHSE:688248's Pretax Margin % is ranked better than
75.69% of 3027 companies
in the Industrial Products industry
Industry Median: 5.82 vs SHSE:688248: 12.72

China Southern Power Grid Technology Co  (SHSE:688248) 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.


China Southern Power Grid Technology Co Pretax Margin % Related Terms


China Southern Power Grid Technology Co Pretax Margin % Historical Data

* Premium members only.

The historical data trend for China Southern Power Grid Technology 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.

China Southern Power Grid Technology Co Pretax Margin % Chart

China Southern Power Grid Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial 11.38 12.34 12.37 13.62 12.73

China Southern Power Grid Technology 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 12.21 15.02 18.30 9.16 12.08

SHSE:688248 vs VRT, BE: Pretax Margin % Comparison

For the Electrical Equipment & Parts subindustry, China Southern Power Grid Technology 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.


China Southern Power Grid Technology Co Pretax Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Southern Power Grid Technology Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where China Southern Power Grid Technology Co's Pretax Margin % falls into.


SHSE:688248
92GF Score
China Southern Power Grid Technology Co Ltd SHSE:688248
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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China Southern Power Grid Technology 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.

China Southern Power Grid Technology 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 )
=468.969/3684.743
=12.73 %

China Southern Power Grid Technology 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 )
=53.763/445.201
=12.08 %

* 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 12.08% mean?
China Southern Power Grid Technology Co (SHSE:688248) has a Pretax Margin % of 12.08% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on China Southern Power Grid Technology Co and its competitors. This is near median its historical median of 11.86. Over the past decade, China Southern Power Grid Technology Co's Pretax Margin % has ranged from 4.74 to 13.62. According to the industry distribution chart, China Southern Power Grid Technology Co ranks #736 out of 3027 companies in the Industrial Products industry, placing it in the top 24.3%.
Is China Southern Power Grid Technology Co's Pretax Margin % too high?
China Southern Power Grid Technology Co's current Pretax Margin % of 12.08% is near median its 10-year median of 11.86. Over the past 10 years, this metric has ranged from a low of 4.74 to a high of 13.62. The Industrial Products industry median Pretax Margin % is 5.82. China Southern Power Grid Technology Co's value of 12.08% is 107.6% above this industry median. Based on the distribution chart, China Southern Power Grid Technology Co ranks #736 out of 3027 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, China Southern Power Grid Technology Co has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Southern Power Grid Technology Co's Pretax Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, China Southern Power Grid Technology Co ranks #736 out of 3027 companies for Pretax Margin %. This places China Southern Power Grid Technology Co in the top 24% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.82. China Southern Power Grid Technology Co's value of 12.08% is 107.6% above this benchmark. Historically, China Southern Power Grid Technology Co's own Pretax Margin % has ranged from 4.74 to 13.62 over the past decade. While the company's 10-year median is 11.86 vs. the industry median of 5.82, China Southern Power Grid Technology 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 an Industrial Products company?
The median Pretax Margin % among Industrial Products companies is 5.82, based on 3,027 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. China Southern Power Grid Technology Co's current Pretax Margin % of 12.08% is 107.6% 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 China Southern Power Grid Technology Co and its competitors. For the Industrial Products industry, the median Pretax Margin % is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Southern Power Grid Technology Co's current Pretax Margin % is 12.08%, which is near median its own 10-year median of 11.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Southern Power Grid Technology Co stock overvalued right now?
Based on GuruFocus' analysis, China Southern Power Grid Technology Co (SHSE:688248) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥46.78, compared to a current price of ¥59.50 — trading 27.2% above its estimated fair value. The current Pretax Margin % is 12.08%, which is near median its 10-year median of 11.86 and 107.6% above the Industrial Products industry median of 5.82. China Southern Power Grid Technology Co's overall GF Score™ is 92/100 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 China Southern Power Grid Technology Co (SHSE:688248), the current Pretax Margin % is 12.08% 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 China Southern Power Grid Technology Co (SHSE:688248) Overvalued in 2026?

Based on GuruFocus' analysis, China Southern Power Grid Technology Co stock appears to be overvalued. The current stock price of ¥59.50 is trading 27.2% above its estimated GF Value™ of ¥46.78. GuruFocus considers China Southern Power Grid Technology Co to be Modestly Overvalued.

Key valuation signals for SHSE:688248:

  • Pretax Margin %: 12.08% (near median its 10-year median of 11.86)
  • GF Value™: ¥46.78 vs. price of ¥59.50 (27.2% above fair value)
  • GF Score™: 92/100 with 4 warning signs
  • Industry Position: 107.6% above the Industrial Products median (#736 of 3027)

No single metric tells the full story. See the SHSE:688248 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Southern Power Grid Technology Co Business Description

Address No.1-3, Hamao New Street, Xihua Road, Room 501-503, Annex Building, Huaye Building, Yuexiu District, Guangdong Provin, Guangzhou, CHN, 510170
China Southern Power Grid Technology Co Ltd is engaged in providing a comprehensive solution of technical services and smart equipment to ensure the safe operation and efficiency improvement of the power energy system.
92GF Score

Get the complete analysis for SHSE:688248

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

¥59.50
Price
¥46.78
GF Value