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Dehua Tb New Decoration Material Co (SZSE:002043) Profitability Rank : 9 (As of Mar. 2024)


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What is Dehua Tb New Decoration Material Co Profitability Rank?

Dehua Tb New Decoration Material Co has the Profitability Rank of 9. 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

Dehua Tb New Decoration Material Co's Operating Margin % for the quarter that ended in Mar. 2024 was 8.98%. As of today, Dehua Tb New Decoration Material Co's Piotroski F-Score is 7.


Competitive Comparison of Dehua Tb New Decoration Material Co's Profitability Rank

For the Lumber & Wood Production subindustry, Dehua Tb New Decoration Material 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.


Dehua Tb New Decoration Material Co's Profitability Rank Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Dehua Tb New Decoration Material Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Dehua Tb New Decoration Material Co's Profitability Rank falls into.



Dehua Tb New Decoration Material 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.

Dehua Tb New Decoration Material Co has the Profitability Rank of 9. 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.

Dehua Tb New Decoration Material 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 )
=133.121 / 1482.677
=8.98 %

* 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 7, 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

Dehua Tb New Decoration Material Co has an F-score of 7. 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.

Good Sign:

Dehua Tb New Decoration Material Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Dehua Tb New Decoration Material Co Profitability Rank Related Terms

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Dehua Tb New Decoration Material Co (SZSE:002043) Business Description

Traded in Other Exchanges
N/A
Address
Luoshe Town Industrial Zone, Deqing County, Zhejiang Province, Huzhou, CHN, 313200
Dehua Tb New Decoration Material Co Ltd is a China-based decorative plywood manufacturer. Its product portfolio comprises veneers, plywood, flitches, wooden doors, adhesive products, raw wood and single boards, and others. The company sells its products in China and also exports it to the other international countries.

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