GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sinkang Industries Co Ltd (TPE:2032) » Definitions » Profitability Rank

Sinkang Industries Co (TPE:2032) Profitability Rank : 6 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Sinkang Industries Co Profitability Rank?

Sinkang Industries Co has the Profitability Rank of 6.

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

Sinkang Industries Co's Operating Margin % for the quarter that ended in Mar. 2024 was 1.13%. As of today, Sinkang Industries Co's Piotroski F-Score is 9.


Competitive Comparison of Sinkang Industries Co's Profitability Rank

For the Steel subindustry, Sinkang Industries Co'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.


Sinkang Industries Co's Profitability Rank Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sinkang Industries Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Sinkang Industries Co's Profitability Rank falls into.



Sinkang Industries Co 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.

Sinkang Industries Co has the Profitability Rank of 6.

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.

Sinkang Industries Co'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 )
=7.561 / 666.893
=1.13 %

* 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 9, 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

Sinkang Industries Co has an F-score of 9. 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.

4. Consistency of the profitability

5. Predictability Rank


Sinkang Industries Co Profitability Rank Related Terms

Thank you for viewing the detailed overview of Sinkang Industries Co's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Sinkang Industries Co (TPE:2032) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Da'an Road, Xinzhuang, New Taipei, TWN, 242
Sinkang Industries Co Ltd is engaged in the manufacturing, processing, and sale of stainless steel. The firm also involves in Metal wire products manufacturing, Surface treatments and Mechanical equipment manufacturing.

Sinkang Industries Co (TPE:2032) Headlines

No Headlines