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Shenzhen Wote Advanced Materials Co (SZSE:002886) Profitability Rank : 7 (As of Mar. 2024)


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What is Shenzhen Wote Advanced Materials Co Profitability Rank?

Shenzhen Wote Advanced Materials 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

Shenzhen Wote Advanced Materials Co's Operating Margin % for the quarter that ended in Mar. 2024 was 4.16%. As of today, Shenzhen Wote Advanced Materials Co's Piotroski F-Score is 6.


Competitive Comparison of Shenzhen Wote Advanced Materials Co's Profitability Rank

For the Specialty Chemicals subindustry, Shenzhen Wote Advanced Materials 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.


Shenzhen Wote Advanced Materials Co's Profitability Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shenzhen Wote Advanced Materials Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Shenzhen Wote Advanced Materials Co's Profitability Rank falls into.



Shenzhen Wote Advanced Materials 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.

Shenzhen Wote Advanced Materials 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.

Shenzhen Wote Advanced Materials 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 )
=15.159 / 363.99
=4.16 %

* 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

Shenzhen Wote Advanced Materials 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:

Shenzhen Wote Advanced Materials Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -16%.

4. Consistency of the profitability

5. Predictability Rank


Shenzhen Wote Advanced Materials Co Profitability Rank Related Terms

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Shenzhen Wote Advanced Materials Co (SZSE:002886) Business Description

Traded in Other Exchanges
N/A
Address
1 / 2F, Building 10, Jixun Strategic Emerging Industrial Park, Nantou Port, Nanshan District, Shenzhen, CHN, 518052
Shenzhen Wote Advanced Materials Co Ltd is engaged in product research and development, production, technical service and related international trade of special performance polymer materials and environmentally friendly engineering plastic. Its product portfolio includes carbon fiber/carbon black powder reinforced electronic conductive series products, high gloss spray-free material, nano-composite material, modified PPO, PC and PC/ABS series materials.
Executives
Wu Xian Director
He Zheng Directors, executives
Chen Yu Supervisors

Shenzhen Wote Advanced Materials Co (SZSE:002886) Headlines

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