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Zhejiang Zhengguang Industrial Co (SZSE:301092) Profitability Rank : 6 (As of Mar. 2024)


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What is Zhejiang Zhengguang Industrial Co Profitability Rank?

Zhejiang Zhengguang Industrial 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

Zhejiang Zhengguang Industrial Co's Operating Margin % for the quarter that ended in Mar. 2024 was 20.52%. As of today, Zhejiang Zhengguang Industrial Co's Piotroski F-Score is 3.


Competitive Comparison of Zhejiang Zhengguang Industrial Co's Profitability Rank

For the Chemicals subindustry, Zhejiang Zhengguang Industrial 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 Zhengguang Industrial Co's Profitability Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Zhengguang Industrial Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Zhejiang Zhengguang Industrial Co's Profitability Rank falls into.



Zhejiang Zhengguang Industrial 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 Zhengguang Industrial 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.

Zhejiang Zhengguang Industrial 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 )
=24.231 / 118.104
=20.52 %

* 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

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Zhejiang Zhengguang Industrial Co has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Good Sign:

Zhejiang Zhengguang Industrial Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Zhejiang Zhengguang Industrial Co Profitability Rank Related Terms

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Zhejiang Zhengguang Industrial Co (SZSE:301092) Business Description

Traded in Other Exchanges
N/A
Address
Tangqi Town Industrial Development Zone, Yuhang District, Zhejiang Province, Hangzhou, CHN, 311106
Zhejiang Zhengguang Industrial Co Ltd is engaged in the research and development, production and sales of ion exchange and adsorption resins.

Zhejiang Zhengguang Industrial Co (SZSE:301092) Headlines

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