Shanghai V-Test Semiconductor Tech Co (SHSE:688372) Pretax Margin %: 15.46% (As of Mar. 2026) — 14% Below Median

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SHSE:688372 Shanghai V-Test Semiconductor Tech Co Ltd SHSE:688372
83 GF Score
Price ¥148.08
GF Value ¥105.46
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Shanghai V-Test Semiconductor Tech Co Pretax Margin %?

Shanghai V-Test Semiconductor Tech Co SHSE:688372 -9.72% 83 Pretax Margin % is 15.46% as of Mar. 2026, which is 14% below its 10-year median of 17.88. GuruFocus rates SHSE:688372 with a GF Score™ of 83/100 and a GF Value™ of ¥105.46 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,023 Semiconductors companies, Shanghai V-Test Semiconductor Tech Co ranks better than 81.43% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Shanghai V-Test Semiconductor Tech Co's Pre-Tax Income for the three months ended in Mar. 2026 was ¥76 Mil. Shanghai V-Test Semiconductor Tech Co's Revenue for the three months ended in Mar. 2026 was ¥490 Mil. Therefore, Shanghai V-Test Semiconductor Tech Co's pretax margin for the quarter that ended in Mar. 2026 was 15.46%.

The historical rank and industry rank for Shanghai V-Test Semiconductor Tech Co's Pretax Margin % or its related term are showing as below:

SHSE:688372' s Pretax Margin % Range Over the Past 10 Years
Min: 12.65   Med: 17.88   Max: 33.39
Current: 20.66


SHSE:688372's Pretax Margin % is ranked better than
81.43% of 1023 companies
in the Semiconductors industry
Industry Median: 5.07 vs SHSE:688372: 20.66

Shanghai V-Test Semiconductor Tech Co  (SHSE:688372) 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 V-Test Semiconductor Tech Co Pretax Margin % Related Terms


Shanghai V-Test Semiconductor Tech Co Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Shanghai V-Test Semiconductor Tech 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 V-Test Semiconductor Tech Co Pretax Margin % Chart

Shanghai V-Test Semiconductor Tech Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial 30.90 33.39 13.00 12.65 20.23

Shanghai V-Test Semiconductor Tech 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 9.38 21.75 24.01 21.99 15.46

SHSE:688372 vs NVDA, AVGO, MU: Pretax Margin % Comparison

For the Semiconductors subindustry, Shanghai V-Test Semiconductor Tech 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 V-Test Semiconductor Tech Co Pretax Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Shanghai V-Test Semiconductor Tech Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Shanghai V-Test Semiconductor Tech Co's Pretax Margin % falls into.


SHSE:688372
83GF Score
Shanghai V-Test Semiconductor Tech Co Ltd SHSE:688372
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai V-Test Semiconductor Tech 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 V-Test Semiconductor Tech 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 )
=318.547/1574.642
=20.23 %

Shanghai V-Test Semiconductor Tech 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 )
=75.739/489.976
=15.46 %

* 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 15.46% mean?
Shanghai V-Test Semiconductor Tech Co (SHSE:688372) has a Pretax Margin % of 15.46% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Shanghai V-Test Semiconductor Tech Co and its competitors. This is 14% below median its historical median of 17.88. Over the past decade, Shanghai V-Test Semiconductor Tech Co's Pretax Margin % has ranged from 12.65 to 33.39. According to the industry distribution chart, Shanghai V-Test Semiconductor Tech Co ranks #190 out of 1023 companies in the Semiconductors industry, placing it in the top 18.6%.
Is Shanghai V-Test Semiconductor Tech Co's Pretax Margin % too high?
Shanghai V-Test Semiconductor Tech Co's current Pretax Margin % of 15.46% is 14% below median its 10-year median of 17.88. Over the past 10 years, this metric has ranged from a low of 12.65 to a high of 33.39. The Semiconductors industry median Pretax Margin % is 5.07. Shanghai V-Test Semiconductor Tech Co's value of 15.46% is 204.9% above this industry median. Based on the distribution chart, Shanghai V-Test Semiconductor Tech Co ranks #190 out of 1023 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai V-Test Semiconductor Tech Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai V-Test Semiconductor Tech Co's Pretax Margin % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Shanghai V-Test Semiconductor Tech Co ranks #190 out of 1023 companies for Pretax Margin %. This places Shanghai V-Test Semiconductor Tech Co in the top 19% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.07. Shanghai V-Test Semiconductor Tech Co's value of 15.46% is 204.9% above this benchmark. Historically, Shanghai V-Test Semiconductor Tech Co's own Pretax Margin % has ranged from 12.65 to 33.39 over the past decade. While the company's 10-year median is 17.88 vs. the industry median of 5.07, Shanghai V-Test Semiconductor Tech 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 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. Shanghai V-Test Semiconductor Tech Co's current Pretax Margin % of 15.46% is 204.9% 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 Shanghai V-Test Semiconductor Tech 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. Shanghai V-Test Semiconductor Tech Co's current Pretax Margin % is 15.46%, which is 14% below median its own 10-year median of 17.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai V-Test Semiconductor Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai V-Test Semiconductor Tech Co (SHSE:688372) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥105.46, compared to a current price of ¥148.08 — trading 40.4% above its estimated fair value. The current Pretax Margin % is 15.46%, which is 14% below median its 10-year median of 17.88 and 204.9% above the Semiconductors industry median of 5.07. Shanghai V-Test Semiconductor Tech Co's overall GF Score™ is 83/100 with 8 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 V-Test Semiconductor Tech Co (SHSE:688372), the current Pretax Margin % is 15.46% 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 V-Test Semiconductor Tech Co (SHSE:688372) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai V-Test Semiconductor Tech Co stock appears to be overvalued. The current stock price of ¥148.08 is trading 40.4% above its estimated GF Value™ of ¥105.46. GuruFocus considers Shanghai V-Test Semiconductor Tech Co to be Significantly Overvalued.

Key valuation signals for SHSE:688372:

  • Pretax Margin %: 15.46% (14% below median its 10-year median of 17.88)
  • GF Value™: ¥105.46 vs. price of ¥148.08 (40.4% above fair value)
  • GF Score™: 83/100 with 8 warning signs
  • Industry Position: 204.9% above the Semiconductors median (#190 of 1023)

No single metric tells the full story. See the SHSE:688372 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai V-Test Semiconductor Tech Co Business Description

Address No. 38 Dongsheng Road, 2nd Floor, Building 2, Area A, Pudong New Area, Shanghai, CHN, 201201
Shanghai V-Test Semiconductor Tech Co Ltd is engaged in the wafer testing, finished chip testing and supporting services related to integrated circuit testing.
83GF Score

Get the complete analysis for SHSE:688372

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

¥148.08
Price
¥105.46
GF Value