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Shanghai Beite Technology Co (SHSE:603009) Profitability Rank : 6 (As of Mar. 2024)


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What is Shanghai Beite Technology Co Profitability Rank?

Shanghai Beite Technology Co 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

Shanghai Beite Technology Co's Operating Margin % for the quarter that ended in Mar. 2024 was 5.86%. As of today, Shanghai Beite Technology Co's Piotroski F-Score is 7.


Competitive Comparison of Shanghai Beite Technology Co's Profitability Rank

For the Auto Parts subindustry, Shanghai Beite Technology 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.


Shanghai Beite Technology Co's Profitability Rank Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Beite Technology Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Shanghai Beite Technology Co's Profitability Rank falls into.



Shanghai Beite Technology 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.

Shanghai Beite Technology Co 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.

Shanghai Beite Technology 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 )
=28.679 / 489.613
=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 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

Shanghai Beite Technology 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.

4. Consistency of the profitability

5. Predictability Rank


Shanghai Beite Technology Co Profitability Rank Related Terms

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Shanghai Beite Technology Co (SHSE:603009) Business Description

Traded in Other Exchanges
N/A
Address
No 2488 Gaoshi Road, Jiading District, Shanghai, IND, 201816
Shanghai Beite Technology Co Ltd provides metal products for steering and shock absorber piston rod customers primarily in China. Its products include rack blanks, semi-finished racks, finished racks, finished valve sleeves, semi-finished input shafts, semi-finished worm shafts, pinion blanks, semi-finished pinions, piston rod blanks, semi-finished piston rods, and finished piston rods.
Executives
Jin Kun Director
Xu Hong Fei senior management
Cao Qing Supervisors
Cai Xiang Dong senior management
Liu Chun Mei senior management
Cao Xian Bin Supervisors
Tao Wan Yin Director
Jin Xiao Tang Director

Shanghai Beite Technology Co (SHSE:603009) Headlines

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