GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Zhejiang Furun Digital Technology Co Ltd (SHSE:600070) » Definitions » Profitability Rank

Zhejiang Furun Digital Technology Co (SHSE:600070) Profitability Rank

: 3 (As of Sep. 2023)
View and export this data going back to 1997. Start your Free Trial

Zhejiang Furun Digital Technology Co has the Profitability Rank of 3. It has had trouble to make a profit.

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 Furun Digital Technology Co's Operating Margin % for the quarter that ended in Sep. 2023 was -90.02%. As of today, Zhejiang Furun Digital Technology Co's Piotroski F-Score is 5.


Competitive Comparison

For the Textile Manufacturing subindustry, Zhejiang Furun Digital Technology 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 Furun Digital Technology Co Profitability Rank Distribution

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

* The bar in red indicates where Zhejiang Furun Digital Technology Co's Profitability Rank falls into.



Zhejiang Furun Digital Technology 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 Furun Digital Technology Co has the Profitability Rank of 3. It has had trouble to make a profit.

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 Furun Digital Technology Co's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=-15.708 / 17.449
=-90.02 %

* 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

Zhejiang Furun Digital Technology Co has an F-score of 5 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.

4. Consistency of the profitability

5. Predictability Rank


Zhejiang Furun Digital Technology Co Profitability Rank Related Terms

Thank you for viewing the detailed overview of Zhejiang Furun Digital Technology Co's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Furun Digital Technology Co (SHSE:600070) Business Description

Traded in Other Exchanges
N/A
Address
No. 12 Taozhu South Road, Zhuji, Zhejiang, CHN, 311800
Zhejiang Furun Digital Technology Co Ltd, formerly Zhejiang Furun Co Ltd is a China-based company engaged in the textiles business. It offers silk and wool; textile, decorative, and knitted fabrics; and knitted and woven garments. It is also involved in the silk spinning, printing, and dyeing; steel pipe processing and production; and commerce businesses. In addition, the company engages in the development and application of the Internet and big data.

Zhejiang Furun Digital Technology Co (SHSE:600070) Headlines

No Headlines