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Wuxi Best Precision Machinery Co (SZSE:300580) Profitability Rank : 8 (As of Mar. 2024)


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What is Wuxi Best Precision Machinery Co Profitability Rank?

Wuxi Best Precision Machinery 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

Wuxi Best Precision Machinery Co's Operating Margin % for the quarter that ended in Mar. 2024 was 23.57%. As of today, Wuxi Best Precision Machinery Co's Piotroski F-Score is 7.


Competitive Comparison of Wuxi Best Precision Machinery Co's Profitability Rank

For the Specialty Industrial Machinery subindustry, Wuxi Best Precision Machinery 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.


Wuxi Best Precision Machinery Co's Profitability Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuxi Best Precision Machinery Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Wuxi Best Precision Machinery Co's Profitability Rank falls into.



Wuxi Best Precision Machinery 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.

Wuxi Best Precision Machinery 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.

Wuxi Best Precision Machinery 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 )
=80.868 / 343.114
=23.57 %

* 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

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

Wuxi Best Precision Machinery Co 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:

Wuxi Best Precision Machinery Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -2.3%.

4. Consistency of the profitability

5. Predictability Rank


Wuxi Best Precision Machinery Co Profitability Rank Related Terms

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Wuxi Best Precision Machinery Co (SZSE:300580) Business Description

Traded in Other Exchanges
N/A
Address
801-2702, Hongqiao Road, Jiangsu Province, Wuxi, CHN, 214063
Wuxi Best Precision Machinery Co Ltd is a China based company engaged in the business of production of precision parts and components for automotive, telecom, air conditioning and tool industries.
Executives
Shi Li Director

Wuxi Best Precision Machinery Co (SZSE:300580) Headlines

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