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Asahi Songwon Colors (NSE:ASAHISONG) Profitability Rank : 8 (As of Sep. 2024)


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What is Asahi Songwon Colors Profitability Rank?

Asahi Songwon Colors has the Profitability Rank of 8. 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

Asahi Songwon Colors's Operating Margin % for the quarter that ended in Sep. 2024 was 6.13%. As of today, Asahi Songwon Colors's Piotroski F-Score is 6.


Competitive Comparison of Asahi Songwon Colors's Profitability Rank

For the Specialty Chemicals subindustry, Asahi Songwon Colors'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.


Asahi Songwon Colors's Profitability Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Asahi Songwon Colors's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Asahi Songwon Colors's Profitability Rank falls into.



Asahi Songwon Colors 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.

Asahi Songwon Colors has the Profitability Rank of 8. 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.

Asahi Songwon Colors's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=86.787 / 1416.069
=6.13 %

* 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

The zones of discrimination were as such:

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

Asahi Songwon Colors has an F-score of 6 indicating the company's financial situation is typical for a stable company.

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


Asahi Songwon Colors Profitability Rank Related Terms

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Asahi Songwon Colors Business Description

Traded in Other Exchanges
Address
Thaltej-Shilaj Road, Asahi House, 20, Times Corporate Park, Thaltej, Ahmedabad, GJ, IND, 380059
Asahi Songwon Colors Ltd is a supplier and manufacturer of pigment color. It is principally engaged in the business of manufacturing phthalocyanine pigment and derivatives in India. The company deals with the following pigments: CPC Blue Crude, Pigment Alfa Blue 15:0, Pigment Alfa Blue 15:1, Pigment Beta Blue 15:3 and Pigment Blue 15.4. These products are mainly used in the manufacture of printing inks while the rest find application in paints, plastics, textiles and paper industries. The company is in the process of adding new products in future. The majority of the revenue is generated outside India.

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