The historical rank and industry rank for China Resources Microelectronics's Pretax Margin % or its related term are showing as below:
SHSE:688396'
s Pretax Margin % Range Over the Past 10 Years
Min: -6.45 Med: 9.12 Max: 26.37
Current: 8.96
SHSE:688396's Pretax Margin % is ranked better than 59.71% of 1020
companies
in the Semiconductors industry
Industry Median: 5.11
vs SHSE:688396: 8.96
China Resources Microelectronics (SHSE:688396) 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 Resources Microelectronics Pretax Margin % Related Terms
China Resources Microelectronics 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.
China Resources Microelectronics Pretax Margin % Chart
SHSE:688396 vs NVDA, AVGO, MU: Pretax Margin % Comparison
For the Semiconductors subindustry, China Resources Microelectronics'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 Resources Microelectronics Pretax Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, China Resources Microelectronics's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where China Resources Microelectronics'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.
China Resources Microelectronics (SHSE:688396) has a Pretax Margin % of 13.73% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on China Resources Microelectronics and its competitors. This is 51% above median its historical median of 9.12. According to the industry distribution chart, China Resources Microelectronics ranks #411 out of 1020 companies in the Semiconductors industry, placing it in the top 40.3%.
Is China Resources Microelectronics' Pretax Margin % too high?
China Resources Microelectronics' current Pretax Margin % of 13.73% is 51% above median its 10-year median of 9.12. The Semiconductors industry median Pretax Margin % is 5.11. China Resources Microelectronics' value of 13.73% is 168.7% above this industry median. Based on the distribution chart, China Resources Microelectronics ranks #411 out of 1020 companies in the Semiconductors industry, which is above the industry midpoint. Overall, China Resources Microelectronics has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Resources Microelectronics' Pretax Margin % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, China Resources Microelectronics ranks #411 out of 1020 companies for Pretax Margin %. This puts China Resources Microelectronics in the upper half of its industry. The industry median Pretax Margin % is 5.11. China Resources Microelectronics' value of 13.73% is 168.7% above this benchmark. While the company's 10-year median is 9.12 vs. the industry median of 5.11, China Resources Microelectronics 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 5.11, based on 1,020 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 Resources Microelectronics's current Pretax Margin % of 13.73% is 168.7% 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 Resources Microelectronics and its competitors. For the Semiconductors industry, the median Pretax Margin % is 5.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Resources Microelectronics's current Pretax Margin % is 13.73%, which is 51% above median its own 10-year median of 9.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources Microelectronics stock overvalued right now?
Based on GuruFocus' analysis, China Resources Microelectronics (SHSE:688396) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥56.13, compared to a current price of ¥85.74 — trading 52.8% above its estimated fair value. The current Pretax Margin % is 13.73%, which is 51% above median its 10-year median of 9.12 and 168.7% above the Semiconductors industry median of 5.11. China Resources Microelectronics' overall GF Score™ is 85/100 with 9 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 Resources Microelectronics (SHSE:688396), the current Pretax Margin % is 13.73% 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 Resources Microelectronics (SHSE:688396) Overvalued in 2026?
Based on GuruFocus' analysis, China Resources Microelectronics stock appears to be overvalued.
The current stock price of ¥85.74 is trading 52.8% above its estimated GF Value™ of ¥56.13.
GuruFocus considers China Resources Microelectronics to be Significantly Overvalued.
Key valuation signals for SHSE:688396:
Pretax Margin %: 13.73% (51% above median its 10-year median of 9.12)
GF Value™: ¥56.13 vs. price of ¥85.74 (52.8% above fair value)
Industry Position: 168.7% above the Semiconductors median (#411 of 1020)
No single metric tells the full story. See the SHSE:688396 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Resources Microelectronics Business Description
China Resources Microelectronics Ltd is engaged in designing, producing, and selling power semiconductors, smart sensors and smart control products, as well as providing open wafer manufacturing, packaging and testing, and other manufacturing services.
85GF Score
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