GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Guangzhou Newlife New Material Co Ltd (SZSE:301323) » Definitions » Profitability Rank

Guangzhou Newlife New Material Co (SZSE:301323) Profitability Rank : 6 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Guangzhou Newlife New Material Co Profitability Rank?

Guangzhou Newlife New Material Co has the Profitability Rank of 6.

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

Guangzhou Newlife New Material Co's Operating Margin % for the quarter that ended in Mar. 2024 was 16.54%. As of today, Guangzhou Newlife New Material Co's Piotroski F-Score is 7.


Competitive Comparison of Guangzhou Newlife New Material Co's Profitability Rank

For the Electronic Components subindustry, Guangzhou Newlife New 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.


Guangzhou Newlife New Material Co's Profitability Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Guangzhou Newlife New Material Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Guangzhou Newlife New Material Co's Profitability Rank falls into.



Guangzhou Newlife New 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.

Guangzhou Newlife New Material Co has the Profitability Rank of 6.

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.

Guangzhou Newlife New 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 )
=31.459 / 190.177
=16.54 %

* 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

Guangzhou Newlife New 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.

4. Consistency of the profitability

5. Predictability Rank


Guangzhou Newlife New Material Co Profitability Rank Related Terms

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


Guangzhou Newlife New Material Co (SZSE:301323) Business Description

Traded in Other Exchanges
N/A
Address
No. 4, Canghai 4th Road, Guangzhou Economic and Technological Development Zone, Yonghe Economic Zone, Guangdong, Guangzhou, CHN, 511356
Guangzhou Newlife New Material Co Ltd is focused on the research and development and production of magnetic materials, electronic ceramic materials and devices. Its products are divided into two major product directions: civil and industrial. Industrial products mainly focus on the research and development and production of mobile phones and micro-motor peripheral products, including varistors, copper (high specific gravity alloys), thermistors (NTC), high-energy radiation protection materials, medical radiation shielding materials, nuclear radiation shielding materials, etc. Civilian products include magnetic glue materials, magnetic products, Jingyisi, magnetic advertising materials, soft magnetic coatings, etc.

Guangzhou Newlife New Material Co (SZSE:301323) Headlines

No Headlines