GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rongsheng Petro Chemical Co Ltd (SZSE:002493) » Definitions » Profitability Rank

Rongsheng Petro Chemical Co (SZSE:002493) Profitability Rank : 7 (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Rongsheng Petro Chemical Co Profitability Rank?

Rongsheng Petro Chemical 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

Rongsheng Petro Chemical Co's Operating Margin % for the quarter that ended in Dec. 2023 was 5.40%. As of today, Rongsheng Petro Chemical Co's Piotroski F-Score is 7.


Competitive Comparison of Rongsheng Petro Chemical Co's Profitability Rank

For the Chemicals subindustry, Rongsheng Petro Chemical 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.


Rongsheng Petro Chemical Co's Profitability Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rongsheng Petro Chemical Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Rongsheng Petro Chemical Co's Profitability Rank falls into.



Rongsheng Petro Chemical 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.

Rongsheng Petro Chemical 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.

Rongsheng Petro Chemical Co's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=4649.868 / 86064.303
=5.40 %

* 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

Rongsheng Petro Chemical 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.

Warning Sign:

Rongsheng Petro Chemical Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -2.5%.

4. Consistency of the profitability

5. Predictability Rank


Rongsheng Petro Chemical Co Profitability Rank Related Terms

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


Rongsheng Petro Chemical Co (SZSE:002493) Business Description

Traded in Other Exchanges
N/A
Address
No.98, Hongyang Road Yinong Town, Xiaoshan District, Hangzhou, CHN
Rongsheng Petro Chemical Co Ltd operates in the petrochemical industry. The company is specialized in the production and marketing of petrochemical and chemical fiber. Its product portfolio comprises synthetic fibers and films, synthetic raw material, synthetic resins, olefin, aromatics and phenols and oil products.

Rongsheng Petro Chemical Co (SZSE:002493) Headlines

No Headlines