GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shandong Homey Aquatic Development Co Ltd (SHSE:600467) » Definitions » Profitability Rank

Shandong Homey Aquatic Development Co (SHSE:600467) Profitability Rank : 6 (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Shandong Homey Aquatic Development Co Profitability Rank?

Shandong Homey Aquatic Development 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

Shandong Homey Aquatic Development Co's Operating Margin % for the quarter that ended in Mar. 2024 was 17.16%. As of today, Shandong Homey Aquatic Development Co's Piotroski F-Score is 6.


Competitive Comparison of Shandong Homey Aquatic Development Co's Profitability Rank

For the Farm Products subindustry, Shandong Homey Aquatic Development 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.


Shandong Homey Aquatic Development Co's Profitability Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shandong Homey Aquatic Development Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Shandong Homey Aquatic Development Co's Profitability Rank falls into.



Shandong Homey Aquatic Development 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.

Shandong Homey Aquatic Development 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.

Shandong Homey Aquatic Development 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 )
=38.664 / 225.286
=17.16 %

* 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

Shandong Homey Aquatic Development Co 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.

Warning Sign:

Shandong Homey Aquatic Development Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -3%.

4. Consistency of the profitability

5. Predictability Rank


Shandong Homey Aquatic Development Co Profitability Rank Related Terms

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


Shandong Homey Aquatic Development Co (SHSE:600467) Business Description

Traded in Other Exchanges
N/A
Address
Shazuizi, Hushan Town, Rongcheng, Shandong, CHN, 264305
Shandong Homey Aquatic Development Co Ltd is engaged in the aquaculture and food processing businesses in China. Its products include sea cucumber, sea bream, abalone, prawn, kelp, clam, loach and other sea treasures, all of which are medium and high-grade seafood. Its other products include frozen food, aquatic products, health tonic series, beverage series products and salted aquatic products. The company distributes its products within domestic market and to overseas markets.

Shandong Homey Aquatic Development Co (SHSE:600467) Headlines

No Headlines