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Shengtak New Material Co (SZSE:300881) Profitability Rank : 7 (As of Mar. 2024)


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What is Shengtak New Material Co Profitability Rank?

Shengtak New Material Co has the Profitability Rank of 7.

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

Shengtak New Material Co's Operating Margin % for the quarter that ended in Mar. 2024 was 12.15%. As of today, Shengtak New Material Co's Piotroski F-Score is 5.


Competitive Comparison of Shengtak New Material Co's Profitability Rank

For the Steel subindustry, Shengtak New Material 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.


Shengtak New Material Co's Profitability Rank Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shengtak New Material Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Shengtak New Material Co's Profitability Rank falls into.



Shengtak New Material 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.

Shengtak New Material Co has the Profitability Rank of 7.

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.

Shengtak New Material 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 )
=72.155 / 593.856
=12.15 %

* 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

Shengtak New Material 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.

Warning Sign:

Shengtak New Material Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -7.2%.

4. Consistency of the profitability

5. Predictability Rank


Shengtak New Material Co Profitability Rank Related Terms

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Shengtak New Material Co (SZSE:300881) Business Description

Traded in Other Exchanges
N/A
Address
west of the industrial park district towns, Jiangsu Province, Changzhou, CHN, 213144
Shengtak New Material Co Ltd is a manufacturer of high-end seamless tubes of carbon steel, alloy steel & stainless steel. The company manufactures rifled seamless alloy steel tubes and seamless stainless steel tubes for high-pressure boilers, petroleum cracking & fertilizer equipment, and automotive industries in China.

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