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Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) Profitability Rank : 5 (As of Dec. 2023)


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What is Xinjiang Tianye Waterving Irrigation System Co Profitability Rank?

Xinjiang Tianye Waterving Irrigation System Co has the Profitability Rank of 5.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is rated on a scale of 1 to 10 and 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

A higher score indicates superior profitability, with companies rated 7 or above considered to have more robust and sustainable profit generation. Conversely, a score of 3 or lower suggests challenges in generating consistent profits.

Xinjiang Tianye Waterving Irrigation System Co's Operating Margin % for the quarter that ended in Dec. 2023 was 1.73%. As of today, Xinjiang Tianye Waterving Irrigation System Co's Piotroski F-Score is 0.


Competitive Comparison of Xinjiang Tianye Waterving Irrigation System Co's Profitability Rank

For the Farm & Heavy Construction Machinery subindustry, Xinjiang Tianye Waterving Irrigation System 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.


Xinjiang Tianye Waterving Irrigation System Co's Profitability Rank Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Xinjiang Tianye Waterving Irrigation System Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Xinjiang Tianye Waterving Irrigation System Co's Profitability Rank falls into.



Xinjiang Tianye Waterving Irrigation System 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 rank is rated on a scale of 1 to 10. A higher score indicates superior profitability, with companies rated 7 or above considered to have more robust and sustainable profit generation. Conversely, a score of 3 or lower suggests challenges in generating consistent profits.

Xinjiang Tianye Waterving Irrigation System Co has the Profitability Rank of 5.

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.

Xinjiang Tianye Waterving Irrigation System Co's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=9.696 / 559.817
=1.73 %

* 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

The zones of discrimination were as such:

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

Xinjiang Tianye Waterving Irrigation System Co has an F-score of 0. It is a bad or low score, which usually implies poor business operation.

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


Xinjiang Tianye Waterving Irrigation System Co Profitability Rank Related Terms

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Xinjiang Tianye Waterving Irrigation System Co Business Description

Traded in Other Exchanges
N/A
Address
No. 501–503 Castle Peak Road, International Industrial Building, Room B102, Block B, 10th Floor, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Xinjiang Tianye Water Saving Irrigation System Co Ltd is a China-based firm engaged in the manufacture of plastic products. Its activities include the production and marketing of agricultural plastic water-saving irrigation equipment and plastic pipelines, and construction and installation of water-saving irrigation systems. The company's products include the PVC materials for water supply pipes, PE piping materials and accessories, pressure compensatory drip tapes, labyrinth-style drip tapes, embedded-style drip tapes, agricultural tapes and drippers. It also offers installation services for water-saving irrigation systems.
Executives
Ding Wei 2101 Beneficial owner
Wang Bing 2202 Interest of your spouse

Xinjiang Tianye Waterving Irrigation System Co Headlines

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