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Zhejiang Weiming Environment Protection Co (SHSE:603568) Profitability Rank : 10 (As of Mar. 2024)


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What is Zhejiang Weiming Environment Protection Co Profitability Rank?

Zhejiang Weiming Environment Protection Co has the Profitability Rank of 10. 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

Zhejiang Weiming Environment Protection Co's Operating Margin % for the quarter that ended in Mar. 2024 was 43.28%. As of today, Zhejiang Weiming Environment Protection Co's Piotroski F-Score is 9.


Competitive Comparison of Zhejiang Weiming Environment Protection Co's Profitability Rank

For the Waste Management subindustry, Zhejiang Weiming Environment Protection 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.


Zhejiang Weiming Environment Protection Co's Profitability Rank Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Zhejiang Weiming Environment Protection Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Zhejiang Weiming Environment Protection Co's Profitability Rank falls into.



Zhejiang Weiming Environment Protection 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.

Zhejiang Weiming Environment Protection Co has the Profitability Rank of 10. 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.

Zhejiang Weiming Environment Protection 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 )
=869.172 / 2008.033
=43.28 %

* 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 9, 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

Zhejiang Weiming Environment Protection Co has an F-score of 9. 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:

Zhejiang Weiming Environment Protection Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -7.3%.

4. Consistency of the profitability

5. Predictability Rank


Zhejiang Weiming Environment Protection Co Profitability Rank Related Terms

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Zhejiang Weiming Environment Protection Co (SHSE:603568) Business Description

Traded in Other Exchanges
N/A
Address
525 Shifu Road, 16th Floor, Tongren Hengjiu Building, Zhejiang, Wenzhou, CHN, 325088
Zhejiang Weiming Environment Protection Co Ltd is a China-based company engaged in solid waste disposal business. It is focused on solid waste-related technological development, equipment manufacturing and sales, project investment, project construction, and operational management. The company is also engaged in waste incineration power generation projects. The company's products include waste incineration grate, boiler, and flue gas treatment system.

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