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Ionix Technology (Ionix Technology) Profitability Rank : 0 (As of Mar. 2022)


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What is Ionix Technology Profitability Rank?

Ionix Technology has the Profitability Rank of 0.

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

Ionix Technology's Operating Margin % for the quarter that ended in Mar. 2022 was -13.22%. As of today, Ionix Technology's Piotroski F-Score is 0.


Competitive Comparison of Ionix Technology's Profitability Rank

For the Electronic Components subindustry, Ionix Technology'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.


Ionix Technology's Profitability Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ionix Technology's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Ionix Technology's Profitability Rank falls into.



Ionix Technology 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.

Ionix Technology has the Profitability Rank of 0.

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.

Ionix Technology's Operating Margin % for the quarter that ended in Mar. 2022 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2022 ) / Revenue (Q: Mar. 2022 )
=-0.272 / 2.058
=-13.22 %

* 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

Ionix Technology has an F-score of 0. It is a bad or low score, which usually implies poor business operation.

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


Ionix Technology Profitability Rank Related Terms

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


Ionix Technology (Ionix Technology) Business Description

Traded in Other Exchanges
N/A
Address
No. 50 People Road, Room 608. Block B, Times Square, Zhongshan District, Liaoning Province, Dalian, CHN, 116001
Ionix Technology Inc in association with its subsidiaries, designs, develops and sells lithium batteries. These batteries are used in consumer electronic devices such as computers and mobile devices, electric vehicles, and storage applications. Its segments include SmartEnergy, Photoelectric Display, Smart energy and Service Contracts, of which the majority of the revenue comes from the Photoelectric Display segment which derives its revenue from the sales of LCM(Liquid Crystal Module) and LCD(Liquid Crystal Display) screens manufactured for small devices such as video capable baby monitors, and electronic devices. All of its revenues come from China.
Executives
Yanli Wang director NO. 50 PEOPLE ROAD, RM 608, BLOCK B, TIMES SQUARE, DALIAN CITY F4 116001
Xiaolin Wei director NO. 50 PEOPLE ROAD, RM 608, BLOCK B, TIMES SQUARE, DALIAN CITY F4 116001
Yongping Wang director NO. 50 PEOPLE ROAD, RM 608, BLOCK B, TIMES SQUARE, DALIAN CITY F4 116001
Yang Yan officer: President and Treasurer NO. 50 PEOPLE ROAD, RM 608, BLOCK B, TIMES SQUARE, DALIAN CITY F4 116001
Yubao Liu director, 10 percent owner NO.122, ZU 9, HONGGUANG COMMUNITY, XIANGYANG DISTRICT, JIAMUSI, HEILONGJIANG F4 154000
Shuyu Li officer: President, Treasurer ROOM 608, BLOCK B,NO.50 RENMIN ROAD,, ZHONGSHAN DISTRICT, DALIAN F4 116001
Long Xie officer: Secretary of the Company NO.33,1-502 ROOM,HAIWAN STREET,, SHAHEKOU DISTRICT, DALIAN F4 116023
Zhenyu Wang director NO.9#22 GONGJIAN COMMUNITY,, QIANJIN DISTRICT,, JIAMUSI CITY,HEILONGJIANG PROV F4 154000
Cheng Li director NO.49, GROUP 3, YUCAI COMMUNITY, XIANGYANG DISTRICT, JIAMUSI, HEILONGJIANG PROVINCE F4 154000
Hui Zhang director NO.88, 501,NANHE ST, SHAHEKOU DISTRICT, DALIAN CITY, LIAONING PROVINCE F4 116000
Qinghua Shi director NO.43, 6-4-1, ANSHAN ROAD, XIGANG DISTRICT, DALIAN, LIAONING PROVINCE F4 116000
Anthony Vincent Saviano director 30 N. GOULD ST., STE R.,, SHERIDAN, WY 82801
Yongsheng Fu director NO.97, GROUP 10, YONGTAI COMMUNITY, XIANGYANG DISTRICT,, JIAMUSI, HEILONGJIANG PROVINCE F4 154000
Jialin Liang director NO.777 HAIAN ROAD, JILIN PROVINCE, CHANGCHUN CITY F4 130000
Bailiang Yang director, officer: Chairman of the Board of Dir. NO. 279, ZHONGNAN RD, ZHONGSHAN DIST., DALIAN, LIAONING F4 116015

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