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Anhui Higasket Plastics Co (SHSE:603150) Profitability Rank : 8 (As of Mar. 2024)


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What is Anhui Higasket Plastics Co Profitability Rank?

Anhui Higasket Plastics 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

Anhui Higasket Plastics Co's Operating Margin % for the quarter that ended in Mar. 2024 was 8.13%. As of today, Anhui Higasket Plastics Co's Piotroski F-Score is 4.


Competitive Comparison of Anhui Higasket Plastics Co's Profitability Rank

For the Electronic Components subindustry, Anhui Higasket Plastics 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.


Anhui Higasket Plastics Co's Profitability Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Anhui Higasket Plastics Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Anhui Higasket Plastics Co's Profitability Rank falls into.



Anhui Higasket Plastics 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.

Anhui Higasket Plastics 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.

Anhui Higasket Plastics 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 )
=59.835 / 735.782
=8.13 %

* 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

Anhui Higasket Plastics Co has an F-score of 4 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:

Anhui Higasket Plastics Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -6.3%.

4. Consistency of the profitability

5. Predictability Rank


Anhui Higasket Plastics Co Profitability Rank Related Terms

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Anhui Higasket Plastics Co (SHSE:603150) Business Description

Traded in Other Exchanges
N/A
Address
North of Tangkou Road, Economic and Technological Development Zone, Anhui Province, Hefei, CHN, 230601
Anhui Higasket Plastics Co Ltd is engaged in the research and development, production, processing and sales of various refrigerator plastic parts products.

Anhui Higasket Plastics Co (SHSE:603150) Headlines

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