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Jiangyin Hengrun Heavy Industries Co (SHSE:603985) Profitability Rank : 6 (As of Mar. 2024)


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What is Jiangyin Hengrun Heavy Industries Co Profitability Rank?

Jiangyin Hengrun Heavy Industries 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

Jiangyin Hengrun Heavy Industries Co's Operating Margin % for the quarter that ended in Mar. 2024 was -4.25%. As of today, Jiangyin Hengrun Heavy Industries Co's Piotroski F-Score is 1.


Competitive Comparison of Jiangyin Hengrun Heavy Industries Co's Profitability Rank

For the Metal Fabrication subindustry, Jiangyin Hengrun Heavy Industries 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.


Jiangyin Hengrun Heavy Industries Co's Profitability Rank Distribution in the Industrial Products Industry

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

* The bar in red indicates where Jiangyin Hengrun Heavy Industries Co's Profitability Rank falls into.



Jiangyin Hengrun Heavy Industries 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.

Jiangyin Hengrun Heavy Industries 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.

Jiangyin Hengrun Heavy Industries 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 )
=-14.444 / 339.77
=-4.25 %

* 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

Warning Sign:

Piotroski F-Score of 1 is low, which usually implies poor business operation.

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Jiangyin Hengrun Heavy Industries Co has an F-score of 1. It is a bad or low score, which usually implies poor business operation.

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


Jiangyin Hengrun Heavy Industries Co Profitability Rank Related Terms

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Jiangyin Hengrun Heavy Industries Co (SHSE:603985) Business Description

Traded in Other Exchanges
N/A
Address
A Area European Industrial Zone, ZhouZhuang Town, Jiangsu Province, Jiangyin, CHN, 214400
Jiangyin Hengrun Heavy Industries Co Ltd is a manufacturer of flanges and forgings, which are mainly made of stainless steel, carbon steel and alloy steel materials. Its products portfolio ring forgings, nozzles, support rings for turbines, spherical and main shaft forgings, slewing bearings, rolling ring and free forgings, flanges for large-scale wind tower foundations, as well as bearing and gear blanks, and tube sheets and discs.

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