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Jiangsu Rainbow Heavy Industries Co (SZSE:002483) Profitability Rank : 7 (As of Mar. 2024)


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What is Jiangsu Rainbow Heavy Industries Co Profitability Rank?

Jiangsu Rainbow Heavy Industries 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

Jiangsu Rainbow Heavy Industries Co's Operating Margin % for the quarter that ended in Mar. 2024 was 9.41%. As of today, Jiangsu Rainbow Heavy Industries Co's Piotroski F-Score is 7.


Competitive Comparison of Jiangsu Rainbow Heavy Industries Co's Profitability Rank

For the Specialty Industrial Machinery subindustry, Jiangsu Rainbow 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.


Jiangsu Rainbow Heavy Industries Co's Profitability Rank Distribution in the Industrial Products Industry

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

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



Jiangsu Rainbow 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.

Jiangsu Rainbow Heavy Industries 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.

Jiangsu Rainbow 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 )
=132.804 / 1411.555
=9.41 %

* 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

Jiangsu Rainbow Heavy Industries 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:

Jiangsu Rainbow Heavy Industries Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Jiangsu Rainbow Heavy Industries Co Profitability Rank Related Terms

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Jiangsu Rainbow Heavy Industries Co (SZSE:002483) Business Description

Traded in Other Exchanges
N/A
Address
No.9, Zhenxing West Road, Economic & Technology Development Zone, Natong, CHN, 226010
Jiangsu Rainbow Heavy Industries Co Ltd is mainly engaged in the engineering, fabrication, sale, and maintenance of cranes in China. Its major business consists of 2 modules: high-end equipment manufactures and environmental protection. The high-end equipment manufacture module includes material lifting, offshore equipment, and shipbuilding, the products covered all kinds of lifting machinery, ship equipment, marine equipment, car parking equipment, engineering vessels and other related products. The environmental protection module includes industrial wastewater treatment, sludge treatment, hazardous solid waste disposal and other energy saving, recycling economy business.

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