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Qianhe Condiment and Food Co (SHSE:603027) Profitability Rank : 9 (As of Sep. 2023)


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What is Qianhe Condiment and Food Co Profitability Rank?

Qianhe Condiment and Food Co has the Profitability Rank of 9. It has a higher profitability and may stay that way.

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

Qianhe Condiment and Food Co's Operating Margin % for the quarter that ended in Sep. 2023 was 18.32%. As of today, Qianhe Condiment and Food Co's Piotroski F-Score is 8.


Competitive Comparison of Qianhe Condiment and Food Co's Profitability Rank

For the Packaged Foods subindustry, Qianhe Condiment and Food 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.


Qianhe Condiment and Food Co's Profitability Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Qianhe Condiment and Food Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Qianhe Condiment and Food Co's Profitability Rank falls into.



Qianhe Condiment and Food 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.

Qianhe Condiment and Food Co has the Profitability Rank of 9. It has a higher profitability and may stay that way.

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.

Qianhe Condiment and Food Co's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=146.641 / 800.499
=18.32 %

* 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 8, 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

Qianhe Condiment and Food Co has an F-score of 8. 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:

Qianhe Condiment and Food Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -2.4%.

4. Consistency of the profitability

5. Predictability Rank


Qianhe Condiment and Food Co Profitability Rank Related Terms

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Qianhe Condiment and Food Co (SHSE:603027) Business Description

Traded in Other Exchanges
N/A
Address
South China Min Hongjiadu, Dongpo District, Sichuan, Meishan, CHN
Qianhe Condiment and Food Co Ltd manufacture and sells various food additives in China. It provides soy sauce, rice vinegar and wine, onion ginger and cooking wine, and other spices.

Qianhe Condiment and Food Co (SHSE:603027) Headlines

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