GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Hisense Home Appliances Group Co Ltd (SZSE:000921) » Definitions » Profitability Rank

Hisense Home Appliances Group Co (SZSE:000921) Profitability Rank : 8 (As of Mar. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Hisense Home Appliances Group Co Profitability Rank?

Hisense Home Appliances Group Co has the Profitability Rank of 8. It has a higher profitability and may stay that way.

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

Hisense Home Appliances Group Co's Operating Margin % for the quarter that ended in Mar. 2024 was 5.86%. As of today, Hisense Home Appliances Group Co's Piotroski F-Score is 9.


Competitive Comparison of Hisense Home Appliances Group Co's Profitability Rank

For the Furnishings, Fixtures & Appliances subindustry, Hisense Home Appliances Group 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.


Hisense Home Appliances Group Co's Profitability Rank Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hisense Home Appliances Group Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Hisense Home Appliances Group Co's Profitability Rank falls into.



Hisense Home Appliances Group 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.

Hisense Home Appliances Group Co has the Profitability Rank of 8. It has a higher profitability and may stay that way.

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.

Hisense Home Appliances Group 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 )
=1375.815 / 23486.119
=5.86 %

* 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 9, 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

Hisense Home Appliances Group Co has an F-score of 9. 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.

Good Sign:

Hisense Home Appliances Group Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Hisense Home Appliances Group Co Profitability Rank Related Terms

Thank you for viewing the detailed overview of Hisense Home Appliances Group Co's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Hisense Home Appliances Group Co (SZSE:000921) Business Description

Traded in Other Exchanges
Address
No. 8 Ronggang Road, Ronggui Street, Shunde District, Guangdong Province, Foshan, CHN, 528303
Hisense Home Appliances Group Co Ltd is a manufacturer of white household electrical appliances in the People's Republic of China, with eight brand names, namely Hisense, Ronshen, KELON, HITACHI, YORK, Gorenje, ASKO, and SANDEN. The company produces electrical appliances like refrigerators, air-conditioners, freezers, washing machines, and Kitchen electrical appliances. The businesses of the Company are set out as follows: HVAC Business Work; Refrigerator and Washing Machine Business Work; Automotive Air Conditioner Compressor and Integrated Thermal Management System Business Work; Smart Home Business Work; Overseas Markets for Home Appliances Business Work and Implementing the Manufacturing Work. The majority of the company's revenue is generated from the domestic market.

Hisense Home Appliances Group Co (SZSE:000921) Headlines

No Headlines