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Henan Xinye Textile Co (SZSE:002087) Profitability Rank

: 4 (As of Sep. 2023)
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Henan Xinye Textile Co has the Profitability Rank of 4.

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

Henan Xinye Textile Co's Operating Margin % for the quarter that ended in Sep. 2023 was -15.57%. As of today, Henan Xinye Textile Co's Piotroski F-Score is 2.


Competitive Comparison

For the Textile Manufacturing subindustry, Henan Xinye 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.


Henan Xinye Textile Co Profitability Rank Distribution

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

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



Henan Xinye 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.

Henan Xinye Textile Co has the Profitability Rank of 4.

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.

Henan Xinye Textile 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 )
=-36.047 / 231.574
=-15.57 %

* 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 2 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

Henan Xinye Textile Co has an F-score of 2. 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


Henan Xinye Textile Co Profitability Rank Related Terms

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Henan Xinye Textile Co (SZSE:002087) Business Description

Traded in Other Exchanges
N/A
Address
No.15 Shuyuan Road, Chengguan Town, Xinye County, Nanyang, Henan, CHN, 473500
Henan Xinye Textile Co Ltd operates in the textile industry. The company produces different varieties of pure cotton and blended yarn, pure cotton and blended fabrics, yarn-dyed fabrics and home textiles. The products are exported to Guangdong, Jiangsu, Fujian and other more than 20 provinces and cities and the United States, the European Union, Japan, South Korea, Hong Kong and other countries and regions.

Henan Xinye Textile Co (SZSE:002087) Headlines

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