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Weiqiao Textile Co (Weiqiao Textile Co) Profitability Rank : 5 (As of Jun. 2023)


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What is Weiqiao Textile Co Profitability Rank?

Weiqiao Textile Co has the Profitability Rank of 5.

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

Weiqiao Textile Co's Operating Margin % for the quarter that ended in Jun. 2023 was -2.76%. As of today, Weiqiao Textile Co's Piotroski F-Score is 3.


Competitive Comparison of Weiqiao Textile Co's Profitability Rank

For the Textile Manufacturing subindustry, Weiqiao Textile 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.


Weiqiao Textile Co's Profitability Rank Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Weiqiao Textile Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Weiqiao Textile Co's Profitability Rank falls into.



Weiqiao Textile 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.

Weiqiao Textile Co has the Profitability Rank of 5.

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.

Weiqiao Textile Co's Operating Margin % for the quarter that ended in Jun. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=-30.663 / 1110.278
=-2.76 %

* 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

Weiqiao Textile 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.

4. Consistency of the profitability

5. Predictability Rank


Weiqiao Textile Co Profitability Rank Related Terms

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Weiqiao Textile Co (Weiqiao Textile Co) Business Description

Traded in Other Exchanges
Address
No. 1, Wei Fang Road, Zouping Economic Development Zone, Zouping City, Shandong Province, Binzhou, CHN, 256200
Weiqiao Textile Co Ltd produces, sells, and distributes textiles including cotton yarn, grey fabric, and denim. Its geographical segment includes Mainland China, Southeast Asia, Hong Kong, South Asia, East Asia, and Other regions. The majority of the company's revenue is generated from Mainland China. It operates in two segments. The textile products segment produces and sells cotton yarn, grey fabric, and denim. The electricity and steam segment generates electricity and steam for internal use in the production of textile products and also for sale to external customers.

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