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Zhejiang Ming Jewelry Co (SZSE:002574) Profitability Rank : 4 (As of Mar. 2024)


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What is Zhejiang Ming Jewelry Co Profitability Rank?

Zhejiang Ming Jewelry Co has the Profitability Rank of 4.

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 Ming Jewelry Co's Operating Margin % for the quarter that ended in Mar. 2024 was 0.48%. As of today, Zhejiang Ming Jewelry Co's Piotroski F-Score is 5.


Competitive Comparison of Zhejiang Ming Jewelry Co's Profitability Rank

For the Luxury Goods subindustry, Zhejiang Ming Jewelry 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 Ming Jewelry Co's Profitability Rank Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zhejiang Ming Jewelry Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Zhejiang Ming Jewelry Co's Profitability Rank falls into.



Zhejiang Ming Jewelry 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 Ming Jewelry Co has the Profitability Rank of 4.

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 Ming Jewelry 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 )
=6.483 / 1356.1
=0.48 %

* 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

Zhejiang Ming Jewelry 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.

Good Sign:

Zhejiang Ming Jewelry Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Zhejiang Ming Jewelry Co Profitability Rank Related Terms

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Zhejiang Ming Jewelry Co (SZSE:002574) Business Description

Traded in Other Exchanges
N/A
Address
Number 1016, Jingshui Road, Keqiao District, Zhejiang Province, Shaoxing, CHN, 312046
Zhejiang Ming Jewelry Co Ltd is a China-based company engaged in the design, research, and development, manufacture and distribution of high-grade precious metals and gemstone jewelry products, as well as the operation and management of MINGR jewelry brands. The company's main products include diamonds, gold, K gold, colorful treasures, jade, high-end silverware, and other jewelry.

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