Sinkang Industries CoTPE:2032 71 Pretax Margin % is 4.16% as of Dec. 2025, which is 98% above its 10-year median of 2.10. GuruFocus rates TPE:2032 with a GF Score™ of 71/100 and a GF Value™ of NT$16.70 (Fairly Valued). The stock has 10 warning signs investors should review. Among 610 Steel companies, Sinkang Industries Co ranks worse than 50.16% on this metric.
The historical rank and industry rank for Sinkang Industries Co's Pretax Margin % or its related term are showing as below:
TPE:2032'
s Pretax Margin % Range Over the Past 10 Years
Min: -0.92 Med: 2.1 Max: 5.88
Current: 2.58
TPE:2032's Pretax Margin % is ranked worse than 50.16% of 610
companies
in the Steel industry
Industry Median: 2.585
vs TPE:2032: 2.58
Sinkang Industries Co (TPE:2032) 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.
Sinkang Industries Co Pretax Margin % Related Terms
Sinkang Industries Co Pretax Margin % Historical Data
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The historical data trend for Sinkang Industries 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.
TPE:2032 vs NUE, STLD, RS: Pretax Margin % Comparison
For the Steel subindustry, Sinkang Industries 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.
Sinkang Industries Co Pretax Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Sinkang Industries Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Sinkang Industries Co'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.
Sinkang Industries Co (TPE:2032) has a Pretax Margin % of 4.16% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Sinkang Industries Co and its competitors. This is 98% above median its historical median of 2.10. According to the industry distribution chart, Sinkang Industries Co ranks #306 out of 610 companies in the Steel industry, placing it in the top 50.2%.
Is Sinkang Industries Co's Pretax Margin % too high?
Sinkang Industries Co's current Pretax Margin % of 4.16% is 98% above median its 10-year median of 2.10. The Steel industry median Pretax Margin % is 2.59. Sinkang Industries Co's value of 4.16% is 60.9% above this industry median. Based on the distribution chart, Sinkang Industries Co ranks #306 out of 610 companies in the Steel industry, which is below the industry midpoint. Overall, Sinkang Industries Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sinkang Industries Co's Pretax Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Sinkang Industries Co ranks #306 out of 610 companies for Pretax Margin %. This places Sinkang Industries Co in the lower half of its industry. The industry median Pretax Margin % is 2.59. Sinkang Industries Co's value of 4.16% is 60.9% above this benchmark. While the company's 10-year median is 2.10 vs. the industry median of 2.59, Sinkang Industries 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 Steel company?
The median Pretax Margin % among Steel companies is 2.59, based on 610 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. Sinkang Industries Co's current Pretax Margin % of 4.16% is 60.9% 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 Sinkang Industries Co and its competitors. For the Steel industry, the median Pretax Margin % is 2.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinkang Industries Co's current Pretax Margin % is 4.16%, which is 98% above median its own 10-year median of 2.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinkang Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Sinkang Industries Co (TPE:2032) is currently considered Fairly Valued. The stock's GF Value™ is NT$16.70, compared to a current price of NT$16.45 — trading 1.5% below its estimated fair value. The current Pretax Margin % is 4.16%, which is 98% above median its 10-year median of 2.10 and 60.9% above the Steel industry median of 2.59. Sinkang Industries Co's overall GF Score™ is 71/100 with 10 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 Sinkang Industries Co (TPE:2032), the current Pretax Margin % is 4.16% 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 Sinkang Industries Co (TPE:2032) Overvalued in 2026?
Based on GuruFocus' analysis, Sinkang Industries Co stock appears to be undervalued.
The current stock price of NT$16.45 is trading 1.5% below its estimated GF Value™ of NT$16.70.
GuruFocus considers Sinkang Industries Co to be Fairly Valued.
Key valuation signals for TPE:2032:
Pretax Margin %: 4.16% (98% above median its 10-year median of 2.10)
GF Value™: NT$16.70 vs. price of NT$16.45 (1.5% below fair value)
Industry Position: 60.9% above the Steel median (#306 of 610)
No single metric tells the full story. See the TPE:2032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sinkang Industries Co Ltd is engaged in cutting and processing surface treatments for stainless steel. Its business activities include Steel secondary processing, Scrap iron and steel metal processing, Metal structure and architectural components manufacturing, Metal wire products manufacturing, Other fabricated metal products manufacturing, Surface treatments, and Mechanical equipment manufacturing.
71GF Score
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