Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. China Steel's Pre-Tax Income for the
three
months ended in Dec. 2025 was NT$-5 Mil. China Steel's Revenue for the
three
months ended in Dec. 2025 was NT$75,373 Mil. Therefore, China Steel's pretax margin for the quarter that ended in Dec. 2025 was -0.01%.
The historical rank and industry rank for China Steel's Pretax Margin % or its related term are showing as below:
TPE:2002'
s Pretax Margin % Range Over the Past 10 Years
Min: -1.48 Med: 4.34 Max: 18.02
Current: -1.48
TPE:2002's Pretax Margin % is ranked worse than 76.75% of 615
companies
in the Steel industry
Industry Median: 2.56
vs TPE:2002: -1.48
China Steel (TPE:2002) 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 Steel Pretax Margin % Related Terms
China Steel Pretax Margin % Historical Data
* Premium members only.
The historical data trend for China Steel'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.
TPE:2002 vs NUE, STLD, RS: Pretax Margin % Comparison
For the Steel subindustry, China Steel'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 Steel Pretax Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, China Steel's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where China Steel'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 Steel (TPE:2002) has a Pretax Margin % of -0.01% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on China Steel and its competitors. According to the industry distribution chart, China Steel ranks #472 out of 615 companies in the Steel industry, placing it in the top 76.7%.
Is China Steel's Pretax Margin % too high?
China Steel's current Pretax Margin % is -0.01%. Based on the distribution chart, China Steel ranks #472 out of 615 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, China Steel has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Steel's Pretax Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, China Steel ranks #472 out of 615 companies for Pretax Margin %. This places China Steel in the lower half of its industry. The industry median Pretax Margin % is 2.56. 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 Steel company?
The median Pretax Margin % among Steel companies is 2.56, based on 615 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 China Steel and its competitors. For the Steel industry, the median Pretax Margin % is 2.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Steel's current Pretax Margin % is -0.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Steel stock overvalued right now?
Based on GuruFocus' analysis, China Steel (TPE:2002) is currently considered Fairly Valued. The stock's GF Value™ is NT$20.73, compared to a current price of NT$19.00 — trading 8.3% below its estimated fair value. The current Pretax Margin % is -0.01%. China Steel's overall GF Score™ is 64/100 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 China Steel (TPE:2002), the current Pretax Margin % is -0.01% as of Dec. 2025. 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 Steel (TPE:2002) Overvalued in 2026?
Based on GuruFocus' analysis, China Steel stock appears to be undervalued.
The current stock price of NT$19.00 is trading 8.3% below its estimated GF Value™ of NT$20.73.
GuruFocus considers China Steel to be Fairly Valued.
Key valuation signals for TPE:2002:
Pretax Margin %: -0.01%
GF Value™: NT$20.73 vs. price of NT$19.00 (8.3% below fair value)
No single metric tells the full story. See the TPE:2002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Steel Corp is a steelmaker in Taiwan. It manufactures and sells steel products and engages in mechanical, communications, and electrical engineering. The company's product portfolio includes plates, bars, wire rods, hot and cold rolled coils, electro-galvanized coils, electrical steel coils, and hot-dip galvanized coils. Along with its subsidiaries, the company operates in the following reportable segments: Steel Department and Non-Steel Department. A majority of its revenue is generated from the Steel department segment, which manufactures and sells steel products. Geographically, the company derives maximum revenue from Taiwan, followed by Vietnam, Malaysia, India, China, and other regions.
64GF Score
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