GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Qifan Cable Co Ltd (SHSE:605222) » Definitions » Profitability Rank

Shanghai Qifan Cable Co (SHSE:605222) Profitability Rank : 7 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Shanghai Qifan Cable Co Profitability Rank?

Shanghai Qifan Cable 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

Shanghai Qifan Cable Co's Operating Margin % for the quarter that ended in Mar. 2024 was 3.46%. As of today, Shanghai Qifan Cable Co's Piotroski F-Score is 5.


Competitive Comparison of Shanghai Qifan Cable Co's Profitability Rank

For the Electrical Equipment & Parts subindustry, Shanghai Qifan Cable 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 Qifan Cable Co's Profitability Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Qifan Cable Co's Profitability Rank distribution charts can be found below:

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



Shanghai Qifan Cable 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 Qifan Cable 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.

Shanghai Qifan Cable 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 )
=166.105 / 4800.796
=3.46 %

* 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

Shanghai Qifan Cable Co has an F-score of 5 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:

Shanghai Qifan Cable Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -10.6%.

4. Consistency of the profitability

5. Predictability Rank


Shanghai Qifan Cable Co Profitability Rank Related Terms

Thank you for viewing the detailed overview of Shanghai Qifan Cable Co's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanghai Qifan Cable Co (SHSE:605222) Business Description

Traded in Other Exchanges
N/A
Address
No. 238 Zhenkang Road, Zhangyan Town, Jinshan District, Shanghai, CHN, 201514
Shanghai Qifan Cable Co Ltd is engaged in wire and cable production, sales and service. The company's products cover low voltage power cable, medium voltage power cable, extra high voltage power cable, control cable, instrumentation cable, building wire, flexible rubber cable, fire rated cable, renewable cable, industrial cable, Lan cable, coaxial cable. Its products are categorized into Building Wire, Building Wire, Power Distribution, Fire Resistant Cable, Renewable Energy, Mining, Oil and Gas, and Data Communication.
Executives
Zhou Gui Xing Director
Zhou Kai Min Supervisors
Chen Zhi Yuan senior management
Li Su Guo senior management
Han Bao Zhong Director
Chen Yong Da Directors, senior managers
Guan Zi Fang Directors, senior managers
Zhang Shang Yi senior management
Zhou Xian Lai senior management

Shanghai Qifan Cable Co (SHSE:605222) Headlines

No Headlines