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Niutech Environment Technology (SHSE:688309) Profitability Rank : 6 (As of Mar. 2024)


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What is Niutech Environment Technology Profitability Rank?

Niutech Environment Technology 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

Niutech Environment Technology's Operating Margin % for the quarter that ended in Mar. 2024 was -2.73%. As of today, Niutech Environment Technology's Piotroski F-Score is 7.


Competitive Comparison of Niutech Environment Technology's Profitability Rank

For the Pollution & Treatment Controls subindustry, Niutech Environment Technology'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.


Niutech Environment Technology's Profitability Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Niutech Environment Technology's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Niutech Environment Technology's Profitability Rank falls into.



Niutech Environment Technology 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.

Niutech Environment Technology 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.

Niutech Environment Technology'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 )
=-0.447 / 16.396
=-2.73 %

* 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

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

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

Niutech Environment Technology has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

Warning Sign:

Niutech Environment Technology Corp operating margin has been in a 5-year decline. The average rate of decline per year is -14.1%.

4. Consistency of the profitability

5. Predictability Rank


Niutech Environment Technology Profitability Rank Related Terms

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Niutech Environment Technology (SHSE:688309) Business Description

Traded in Other Exchanges
N/A
Address
No. 9889 Haitang Road, High-tech Zone, Shandong Province, Jinan, CHN, 250031
Niutech Environment Technology Corp is engaged in organic waste cracking technology research and development and related equipment design, production and sales. The company specializes in high polymer waste, such as waste tyre, waste plastic, oil sludge, waste oil, biomass, hazard waste and municipal sludge Pyrolysis technology and equipment manufacturing and product sales.

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