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Sungrow Power Supply Co (SZSE:300274) Profitability Rank : 10 (As of Mar. 2024)


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What is Sungrow Power Supply Co Profitability Rank?

Sungrow Power Supply Co has the Profitability Rank of 10. It has a higher profitability and may stay that way.

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

Sungrow Power Supply Co's Operating Margin % for the quarter that ended in Mar. 2024 was 20.82%. As of today, Sungrow Power Supply Co's Piotroski F-Score is 7.


Competitive Comparison of Sungrow Power Supply Co's Profitability Rank

For the Electrical Equipment & Parts subindustry, Sungrow Power Supply 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.


Sungrow Power Supply Co's Profitability Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sungrow Power Supply Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Sungrow Power Supply Co's Profitability Rank falls into.



Sungrow Power Supply 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.

Sungrow Power Supply Co has the Profitability Rank of 10. It has a higher profitability and may stay that way.

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.

Sungrow Power Supply 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 )
=2626.092 / 12613.586
=20.82 %

* 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

Sungrow Power Supply 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:

Sungrow Power Supply Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Sungrow Power Supply Co Profitability Rank Related Terms

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Sungrow Power Supply Co (SZSE:300274) Business Description

Traded in Other Exchanges
N/A
Address
No.1699 Xiyou Raod, High-tech Industry Development Zone, Anhui Province, Hefei, CHN, 230088
China-based Sungrow manufactures and sells power supply equipment for the new energy industry. It offers a wide range of products, including solar inverters, energy storage systems, wind power converters, electric vehicle drives, among others. It is one of the largest suppliers of solar inverters and energy storage systems globally. It is also one of the largest new energy project developers in the world. Solar inverters, energy storage systems, and new energy investment and development each accounted for 39%, 25%, and 29% of revenue in 2022, respectively.

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