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Riyue Heavy Industry Co (SHSE:603218) Profitability Rank : 7 (As of Mar. 2024)


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What is Riyue Heavy Industry Co Profitability Rank?

Riyue Heavy Industry 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

Riyue Heavy Industry Co's Operating Margin % for the quarter that ended in Mar. 2024 was 11.11%. As of today, Riyue Heavy Industry Co's Piotroski F-Score is 4.


Competitive Comparison of Riyue Heavy Industry Co's Profitability Rank

For the Specialty Industrial Machinery subindustry, Riyue Heavy Industry 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.


Riyue Heavy Industry Co's Profitability Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Riyue Heavy Industry Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Riyue Heavy Industry Co's Profitability Rank falls into.



Riyue Heavy Industry 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.

Riyue Heavy Industry 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.

Riyue Heavy Industry 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 )
=77.535 / 697.687
=11.11 %

* 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

Riyue Heavy Industry 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:

Riyue Heavy Industry Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -15.9%.

4. Consistency of the profitability

5. Predictability Rank


Riyue Heavy Industry Co Profitability Rank Related Terms

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Riyue Heavy Industry Co (SHSE:603218) Business Description

Traded in Other Exchanges
N/A
Address
Dongwu town Yinzhou district, Zhejiang, Ningbo City, CHN, 315113
Riyue Heavy Industry Co Ltd manufactures heavy duty equipment castings. Its products are windpower turbine generators, heavy diesel engines, large plastic injection molding machines, large machining centers, and giant mining machine series of castings. Geographically, it operates throughout the region of China.
Executives
Wang Ye Directors, senior managers
Zhang Jian Zhong Directors, senior managers
Yu Hong Kang Directors, senior managers
Fu Ling Er Director
Fu Ming Kang Director
Fan Xin Long senior management
Xu Jian Min Supervisors

Riyue Heavy Industry Co (SHSE:603218) Headlines

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