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Ningbo Jintian Copper Group Co (SHSE:601609) Profitability Rank : 7 (As of Mar. 2024)


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What is Ningbo Jintian Copper Group Co Profitability Rank?

Ningbo Jintian Copper Group Co has the Profitability Rank of 7.

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

Ningbo Jintian Copper Group Co's Operating Margin % for the quarter that ended in Mar. 2024 was 1.43%. As of today, Ningbo Jintian Copper Group Co's Piotroski F-Score is 5.


Competitive Comparison of Ningbo Jintian Copper Group Co's Profitability Rank

For the Copper subindustry, Ningbo Jintian Copper Group 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.


Ningbo Jintian Copper Group Co's Profitability Rank Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ningbo Jintian Copper Group Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Ningbo Jintian Copper Group Co's Profitability Rank falls into.



Ningbo Jintian Copper Group 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.

Ningbo Jintian Copper Group Co has the Profitability Rank of 7.

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.

Ningbo Jintian Copper Group 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 )
=356.044 / 24830.029
=1.43 %

* 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

Ningbo Jintian Copper Group Co has an F-score of 5 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:

Ningbo Jintian Copper Group Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -14.7%.

4. Consistency of the profitability

5. Predictability Rank


Ningbo Jintian Copper Group Co Profitability Rank Related Terms

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Ningbo Jintian Copper Group Co (SHSE:601609) Business Description

Traded in Other Exchanges
N/A
Address
No.1 West West Road, Cicheng Town, Zhejiang Province, Ningbo, CHN, 315034
Ningbo Jintian Copper Group Co Ltd is engaged in production and sales of recycled copper smelting, copper product processing, deep processing and sintered NdFeB permanent magnet materials. Its activity includes nonferrous and ferrous metal rolling, processing; manufacturing and processing of grinding wheels, wires, motors, hardware, valves, electronic components, fasteners; enameled wire, electrolytic copper, copper rods, plates, tapes, wires, tubes, magnetic materials, stainless steel products.

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