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Chongqing Millison Technologies (SZSE:301307) Profitability Rank : 3 (As of Mar. 2024)


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What is Chongqing Millison Technologies Profitability Rank?

Chongqing Millison Technologies has the Profitability Rank of 3. It has had trouble to make a profit.

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

Chongqing Millison Technologies's Operating Margin % for the quarter that ended in Mar. 2024 was 3.06%. As of today, Chongqing Millison Technologies's Piotroski F-Score is 5.


Competitive Comparison of Chongqing Millison Technologies's Profitability Rank

For the Metal Fabrication subindustry, Chongqing Millison Technologies'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.


Chongqing Millison Technologies's Profitability Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chongqing Millison Technologies's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Chongqing Millison Technologies's Profitability Rank falls into.



Chongqing Millison Technologies 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.

Chongqing Millison Technologies has the Profitability Rank of 3. It has had trouble to make a profit.

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.

Chongqing Millison Technologies'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 )
=23.598 / 770.493
=3.06 %

* 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

Chongqing Millison Technologies 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:

Chongqing Millison Technologies Inc operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Chongqing Millison Technologies Profitability Rank Related Terms

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Chongqing Millison Technologies (SZSE:301307) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 and No. 2, No. 1, Tian'an Road, Banan District, Chongqing, CHN, 401320
Chongqing Millison Technologies Inc is engaged in the research and development, production and sales of aluminum alloy precision die-casting parts in the communication field and the automotive field.
Executives
Feng Cheng Long Supervisors

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