GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai SK Petroleum & Chemical Equipment Corp Ltd (SZSE:002278) » Definitions » Profitability Rank

Shanghai SK Petroleum & Chemical Equipment (SZSE:002278) Profitability Rank : 4 (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Shanghai SK Petroleum & Chemical Equipment Profitability Rank?

Shanghai SK Petroleum & Chemical Equipment has the Profitability Rank of 4.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Shanghai SK Petroleum & Chemical Equipment's Operating Margin % for the quarter that ended in Mar. 2024 was -1.48%. As of today, Shanghai SK Petroleum & Chemical Equipment's Piotroski F-Score is 7.


Competitive Comparison of Shanghai SK Petroleum & Chemical Equipment's Profitability Rank

For the Specialty Industrial Machinery subindustry, Shanghai SK Petroleum & Chemical Equipment's Profitability Rank, along with its competitors' market caps and Profitability Rank 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 SK Petroleum & Chemical Equipment's Profitability Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai SK Petroleum & Chemical Equipment's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Shanghai SK Petroleum & Chemical Equipment's Profitability Rank falls into.



Shanghai SK Petroleum & Chemical Equipment Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Shanghai SK Petroleum & Chemical Equipment has the Profitability Rank of 4.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Shanghai SK Petroleum & Chemical Equipment's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=-2.102 / 142.418
=-1.48 %

* 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.

2. Piotroski F-Score

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Shanghai SK Petroleum & Chemical Equipment has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Warning Sign:

Shanghai SK Petroleum & Chemical Equipment Corp Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -31.1%.

4. Consistency of the profitability

5. Predictability Rank


Shanghai SK Petroleum & Chemical Equipment Profitability Rank Related Terms

Thank you for viewing the detailed overview of Shanghai SK Petroleum & Chemical Equipment's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanghai SK Petroleum & Chemical Equipment (SZSE:002278) Business Description

Traded in Other Exchanges
N/A
Address
No. 1769 Puxing Highway, Pujiang Town, Minhang District, Shanghai, Shanghai, CHN, 201114
Shanghai SK Petroleum & Chemical Equipment Corp Ltd is engaged in research and development and manufacturing of petrochemical equipment and engineering technology services. The products of the company include well control equipment, wellhead equipment, drilling and mining accessories, drilling instruments, oil analyzers, blowout preventers, and oil and mining drill bits.

Shanghai SK Petroleum & Chemical Equipment (SZSE:002278) Headlines

No Headlines