Forehope Electronic (Ningbo) Co (SHSE:688362) Pretax Margin %: 1.77% (As of Mar. 2026) — 157% Above Median

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:688362 Forehope Electronic (Ningbo) Co Ltd SHSE:688362
73 GF Score
Price ¥72.81
GF Value ¥46.62
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is Forehope Electronic (Ningbo) Co Pretax Margin %?

Forehope Electronic (Ningbo) Co SHSE:688362 -7.84% 73 Pretax Margin % is 1.77% as of Mar. 2026, which is 157% above its 10-year median of 0.69. GuruFocus rates SHSE:688362 with a GF Score™ of 73/100 and a GF Value™ of ¥46.62 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 1,023 Semiconductors companies, Forehope Electronic (Ningbo) Co ranks worse than 61.19% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Forehope Electronic (Ningbo) Co's Pre-Tax Income for the three months ended in Mar. 2026 was ¥21 Mil. Forehope Electronic (Ningbo) Co's Revenue for the three months ended in Mar. 2026 was ¥1,172 Mil. Therefore, Forehope Electronic (Ningbo) Co's pretax margin for the quarter that ended in Mar. 2026 was 1.77%.

The historical rank and industry rank for Forehope Electronic (Ningbo) Co's Pretax Margin % or its related term are showing as below:

SHSE:688362' s Pretax Margin % Range Over the Past 10 Years
Min: -122.7   Med: 0.69   Max: 17.32
Current: 1.03


SHSE:688362's Pretax Margin % is ranked worse than
61.19% of 1023 companies
in the Semiconductors industry
Industry Median: 5.07 vs SHSE:688362: 1.03

Forehope Electronic (Ningbo) Co  (SHSE:688362) 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.


Forehope Electronic (Ningbo) Co Pretax Margin % Related Terms


Forehope Electronic (Ningbo) Co Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Forehope Electronic (Ningbo) 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.

Forehope Electronic (Ningbo) Co Pretax Margin % Chart

Forehope Electronic (Ningbo) Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial 17.32 6.31 -7.02 0.57 0.81

Forehope Electronic (Ningbo) 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 0.90 -0.34 1.49 1.09 1.77

SHSE:688362 vs NVDA, AVGO, MU: Pretax Margin % Comparison

For the Semiconductors subindustry, Forehope Electronic (Ningbo) 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.


Forehope Electronic (Ningbo) Co Pretax Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Forehope Electronic (Ningbo) Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Forehope Electronic (Ningbo) Co's Pretax Margin % falls into.


SHSE:688362
73GF Score
Forehope Electronic (Ningbo) Co Ltd SHSE:688362
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forehope Electronic (Ningbo) 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.

Forehope Electronic (Ningbo) 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 )
=35.561/4398.366
=0.81 %

Forehope Electronic (Ningbo) 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 )
=20.704/1172.152
=1.77 %

* 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 1.77% mean?
Forehope Electronic (Ningbo) Co (SHSE:688362) has a Pretax Margin % of 1.77% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Forehope Electronic (Ningbo) Co and its competitors. This is 157% above median its historical median of 0.69. According to the industry distribution chart, Forehope Electronic (Ningbo) Co ranks #626 out of 1023 companies in the Semiconductors industry, placing it in the top 61.2%.
Is Forehope Electronic (Ningbo) Co's Pretax Margin % too high?
Forehope Electronic (Ningbo) Co's current Pretax Margin % of 1.77% is 157% above median its 10-year median of 0.69. The Semiconductors industry median Pretax Margin % is 5.07. Forehope Electronic (Ningbo) Co's value of 1.77% is 65.1% below this industry median. Based on the distribution chart, Forehope Electronic (Ningbo) Co ranks #626 out of 1023 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Forehope Electronic (Ningbo) Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forehope Electronic (Ningbo) Co's Pretax Margin % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Forehope Electronic (Ningbo) Co ranks #626 out of 1023 companies for Pretax Margin %. This places Forehope Electronic (Ningbo) Co in the lower half of its industry. The industry median Pretax Margin % is 5.07. Forehope Electronic (Ningbo) Co's value of 1.77% is 65.1% below this benchmark. While the company's 10-year median is 0.69 vs. the industry median of 5.07, Forehope Electronic (Ningbo) 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 Semiconductors company?
The median Pretax Margin % among Semiconductors companies is 5.07, based on 1,023 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. Forehope Electronic (Ningbo) Co's current Pretax Margin % of 1.77% is 65.1% 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 Forehope Electronic (Ningbo) Co and its competitors. For the Semiconductors industry, the median Pretax Margin % is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forehope Electronic (Ningbo) Co's current Pretax Margin % is 1.77%, which is 157% above median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forehope Electronic (Ningbo) Co stock overvalued right now?
Based on GuruFocus' analysis, Forehope Electronic (Ningbo) Co (SHSE:688362) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥46.62, compared to a current price of ¥72.81 — trading 56.2% above its estimated fair value. The current Pretax Margin % is 1.77%, which is 157% above median its 10-year median of 0.69 and 65.1% below the Semiconductors industry median of 5.07. Forehope Electronic (Ningbo) Co's overall GF Score™ is 73/100 with 12 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 Forehope Electronic (Ningbo) Co (SHSE:688362), the current Pretax Margin % is 1.77% 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 Forehope Electronic (Ningbo) Co (SHSE:688362) Overvalued in 2026?

Based on GuruFocus' analysis, Forehope Electronic (Ningbo) Co stock appears to be overvalued. The current stock price of ¥72.81 is trading 56.2% above its estimated GF Value™ of ¥46.62. GuruFocus considers Forehope Electronic (Ningbo) Co to be Significantly Overvalued.

Key valuation signals for SHSE:688362:

  • Pretax Margin %: 1.77% (157% above median its 10-year median of 0.69)
  • GF Value™: ¥46.62 vs. price of ¥72.81 (56.2% above fair value)
  • GF Score™: 73/100 with 12 warning signs
  • Industry Position: 65.1% below the Semiconductors median (#626 of 1023)

No single metric tells the full story. See the SHSE:688362 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forehope Electronic (Ningbo) Co Business Description

Address No. 22, Xingshun Road, Zhongyi Ningbo Ecological Park, Zhejiang Province, Yuyao, CHN, 315400
Forehope Electronic (Ningbo) Co Ltd is engaged in the packaging and testing of integrated circuits.
73GF Score

Get the complete analysis for SHSE:688362

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

¥72.81
Price
¥46.62
GF Value