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Guangdong Rifeng Electric Cable Co (SZSE:002953) Profitability Rank : 7 (As of Mar. 2024)


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What is Guangdong Rifeng Electric Cable Co Profitability Rank?

Guangdong Rifeng Electric Cable 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

Guangdong Rifeng Electric Cable Co's Operating Margin % for the quarter that ended in Mar. 2024 was 4.23%. As of today, Guangdong Rifeng Electric Cable Co's Piotroski F-Score is 6.


Competitive Comparison of Guangdong Rifeng Electric Cable Co's Profitability Rank

For the Electronics & Computer Distribution subindustry, Guangdong Rifeng Electric Cable 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.


Guangdong Rifeng Electric Cable Co's Profitability Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Guangdong Rifeng Electric Cable Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Guangdong Rifeng Electric Cable Co's Profitability Rank falls into.



Guangdong Rifeng Electric Cable 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.

Guangdong Rifeng Electric Cable 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.

Guangdong Rifeng Electric Cable 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 )
=38.588 / 912.112
=4.23 %

* 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

Guangdong Rifeng Electric Cable 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:

Guangdong Rifeng Electric Cable Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -15.9%.

4. Consistency of the profitability

5. Predictability Rank


Guangdong Rifeng Electric Cable Co Profitability Rank Related Terms

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Guangdong Rifeng Electric Cable Co (SZSE:002953) Business Description

Traded in Other Exchanges
N/A
Address
Guangfeng Industrial Park, West District, Guangdong Province, Zhongshan, CHN
Guangdong Rifeng Electric Cable Co Ltd is a wire and cable manufacturer. It produces all types of cables, including household wires, power cables, rubber cables, control cables, heavy mechanical cables, instrument cables, communication cables, marine cables, connecting cables and power cords. Products are widely used in household appliances, power engineering, petrochemical, metallurgy, construction machinery, communications engineering, wind power, environmental engineering, dam embankment engineering, instrumentation, computer communication control and other fields.

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