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Zhejiang Jiuli Hi-Tech Metals Co (SZSE:002318) Profitability Rank : 8 (As of Mar. 2024)


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What is Zhejiang Jiuli Hi-Tech Metals Co Profitability Rank?

Zhejiang Jiuli Hi-Tech Metals Co 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

Zhejiang Jiuli Hi-Tech Metals Co's Operating Margin % for the quarter that ended in Mar. 2024 was 16.48%. As of today, Zhejiang Jiuli Hi-Tech Metals Co's Piotroski F-Score is 7.


Competitive Comparison of Zhejiang Jiuli Hi-Tech Metals Co's Profitability Rank

For the Steel subindustry, Zhejiang Jiuli Hi-Tech Metals 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.


Zhejiang Jiuli Hi-Tech Metals Co's Profitability Rank Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Zhejiang Jiuli Hi-Tech Metals Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Zhejiang Jiuli Hi-Tech Metals Co's Profitability Rank falls into.



Zhejiang Jiuli Hi-Tech Metals 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.

Zhejiang Jiuli Hi-Tech Metals Co 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.

Zhejiang Jiuli Hi-Tech Metals 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 )
=393.756 / 2388.749
=16.48 %

* 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 7, 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

Zhejiang Jiuli Hi-Tech Metals Co has an F-score of 7. 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.

Good Sign:

Zhejiang Jiuli Hi-Tech Metals Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Zhejiang Jiuli Hi-Tech Metals Co Profitability Rank Related Terms

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Zhejiang Jiuli Hi-Tech Metals Co (SZSE:002318) Business Description

Traded in Other Exchanges
N/A
Address
Zhenxi, Shuanglin Town, Zhejiang Province, Huzhou, CHN, 313012
Zhejiang Jiuli Hi-Tech Metals Co Ltd is a manufacturer of stainless steel. It serves civil nuclear power, electric power, oil and gas exploration, refinery, chemical and fine chemical, coal chemical, offshore engineering and shipbuilding and others.
Executives
Wang Zhang Cheng Directors, executives
Li Zheng Zhou Director
Yang Pei Fen Directors, executives
Cai Li Ming Director
Xu A Min Directors, executives
Zhou Zhi Jiang Director
Zheng Jie Ying Directors, executives, representatives of securiti
Shen Xiao Gang Supervisors
Zhang Yu Xu Director
Su Cheng Executives
Cai Xing Qiang Director
Xu Wen Xin Supervisors
Zhang Jian Xin Director
Chen Pei Liang Directors, executives

Zhejiang Jiuli Hi-Tech Metals Co (SZSE:002318) Headlines

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