Hengyuan Refining Co Bhd (XKLS:4324) Pretax Margin %: 11.36% (As of Mar. 2026) — 2605% Above Median


XKLS:4324 Hengyuan Refining Co Bhd XKLS:4324
55 GF Score
Price RM1.05
GF Value RM1.19
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Hengyuan Refining Co Bhd Pretax Margin %?

Hengyuan Refining Co Bhd XKLS:4324 +0.96% 55 Pretax Margin % is 11.36% as of Mar. 2026, which is 2605% above its 10-year median of 0.42. GuruFocus rates XKLS:4324 with a GF Score™ of 55/100 and a GF Value™ of RM1.19 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 919 Oil & Gas companies, Hengyuan Refining Co Bhd ranks worse than 55.6% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hengyuan Refining Co Bhd's Pre-Tax Income for the three months ended in Mar. 2026 was RM526 Mil. Hengyuan Refining Co Bhd's Revenue for the three months ended in Mar. 2026 was RM4,625 Mil. Therefore, Hengyuan Refining Co Bhd's pretax margin for the quarter that ended in Mar. 2026 was 11.36%.

The historical rank and industry rank for Hengyuan Refining Co Bhd's Pretax Margin % or its related term are showing as below:

XKLS:4324' s Pretax Margin % Range Over the Past 10 Years
Min: -3.25   Med: 0.42   Max: 8.4
Current: 3.39


XKLS:4324's Pretax Margin % is ranked worse than
55.6% of 919 companies
in the Oil & Gas industry
Industry Median: 5.15 vs XKLS:4324: 3.39

Hengyuan Refining Co Bhd  (XKLS:4324) 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.


Hengyuan Refining Co Bhd Pretax Margin % Related Terms


Hengyuan Refining Co Bhd Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Hengyuan Refining Co Bhd'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.

Hengyuan Refining Co Bhd Pretax Margin % Chart

Hengyuan Refining Co Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 -1.87 -3.25 -2.08 -1.32

Hengyuan Refining Co Bhd 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 -7.10 -2.40 0.58 1.63 11.36

XKLS:4324 vs VLO, MPC, PSX: Pretax Margin % Comparison

For the Oil & Gas Refining & Marketing subindustry, Hengyuan Refining Co Bhd'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.


Hengyuan Refining Co Bhd Pretax Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hengyuan Refining Co Bhd's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Hengyuan Refining Co Bhd's Pretax Margin % falls into.


XKLS:4324
55GF Score
Hengyuan Refining Co Bhd XKLS:4324
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hengyuan Refining Co Bhd 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.

Hengyuan Refining Co Bhd'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 )
=-173.71/13165.369
=-1.32 %

Hengyuan Refining Co Bhd'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 )
=525.55/4624.544
=11.36 %

* 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 11.36% mean?
Hengyuan Refining Co Bhd (XKLS:4324) has a Pretax Margin % of 11.36% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Hengyuan Refining Co Bhd and its competitors. This is 2605% above median its historical median of 0.42. According to the industry distribution chart, Hengyuan Refining Co Bhd ranks #511 out of 919 companies in the Oil & Gas industry, placing it in the top 55.6%.
Is Hengyuan Refining Co Bhd's Pretax Margin % too high?
Hengyuan Refining Co Bhd's current Pretax Margin % of 11.36% is 2605% above median its 10-year median of 0.42. The Oil & Gas industry median Pretax Margin % is 5.15. Hengyuan Refining Co Bhd's value of 11.36% is 120.6% above this industry median. Based on the distribution chart, Hengyuan Refining Co Bhd ranks #511 out of 919 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Hengyuan Refining Co Bhd has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hengyuan Refining Co Bhd's Pretax Margin % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Hengyuan Refining Co Bhd ranks #511 out of 919 companies for Pretax Margin %. This places Hengyuan Refining Co Bhd in the lower half of its industry. The industry median Pretax Margin % is 5.15. Hengyuan Refining Co Bhd's value of 11.36% is 120.6% above this benchmark. While the company's 10-year median is 0.42 vs. the industry median of 5.15, Hengyuan Refining Co Bhd 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 an Oil & Gas company?
The median Pretax Margin % among Oil & Gas companies is 5.15, based on 919 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. Hengyuan Refining Co Bhd's current Pretax Margin % of 11.36% is 120.6% 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 Hengyuan Refining Co Bhd and its competitors. For the Oil & Gas industry, the median Pretax Margin % is 5.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hengyuan Refining Co Bhd's current Pretax Margin % is 11.36%, which is 2605% above median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hengyuan Refining Co Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hengyuan Refining Co Bhd (XKLS:4324) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.19, compared to a current price of RM1.05 — trading 11.8% below its estimated fair value. The current Pretax Margin % is 11.36%, which is 2605% above median its 10-year median of 0.42 and 120.6% above the Oil & Gas industry median of 5.15. Hengyuan Refining Co Bhd's overall GF Score™ is 55/100 with 2 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 Hengyuan Refining Co Bhd (XKLS:4324), the current Pretax Margin % is 11.36% 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 Hengyuan Refining Co Bhd (XKLS:4324) Overvalued in 2026?

Based on GuruFocus' analysis, Hengyuan Refining Co Bhd stock appears to be undervalued. The current stock price of RM1.05 is trading 11.8% below its estimated GF Value™ of RM1.19. GuruFocus considers Hengyuan Refining Co Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:4324:

  • Pretax Margin %: 11.36% (2605% above median its 10-year median of 0.42)
  • GF Value™: RM1.19 vs. price of RM1.05 (11.8% below fair value)
  • GF Score™: 55/100 with 2 warning signs
  • Industry Position: 120.6% above the Oil & Gas median (#511 of 919)

No single metric tells the full story. See the XKLS:4324 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hengyuan Refining Co Bhd Business Description

Industry EnergyOil & Gas
Address Jalan Pantai, Batu 1, Port Dickson, NSN, MYS, 71000
Hengyuan Refining Co Bhd is engaged in the refining and manufacturing of petroleum products in Malaysia. The company's operating units in its refinery consist of two crude distillers, a long residue catalytic cracker, two naptha treaters and a merox plant, one kerosene Merox plant, one platformer, two hydro-processing units, a Hydrogen Manufacturing Unit (HMU) and a sulphur recovery unit. Its product portfolio consists of liquefied petroleum gas (LPG), gasoline, diesel, aviation fuel, fuel oil components, and chemical feedstocks like light naphtha and propylene.
55GF Score

Get the complete analysis for XKLS:4324

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

RM1.05
Price
RM1.19
GF Value