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Loctek Ergonomic Technology (SZSE:300729) Profitability Rank : 8 (As of Mar. 2024)


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What is Loctek Ergonomic Technology Profitability Rank?

Loctek Ergonomic Technology has the Profitability Rank of 8. 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

Loctek Ergonomic Technology's Operating Margin % for the quarter that ended in Mar. 2024 was 6.92%. As of today, Loctek Ergonomic Technology's Piotroski F-Score is 5.


Competitive Comparison of Loctek Ergonomic Technology's Profitability Rank

For the Business Equipment & Supplies subindustry, Loctek Ergonomic 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.


Loctek Ergonomic Technology's Profitability Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Loctek Ergonomic Technology's Profitability Rank distribution charts can be found below:

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



Loctek Ergonomic 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.

Loctek Ergonomic Technology has the Profitability Rank of 8. 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.

Loctek Ergonomic Technology'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 )
=77.564 / 1121.582
=6.92 %

* 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

Loctek Ergonomic Technology 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:

Loctek Ergonomic Technology Corp operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Loctek Ergonomic Technology Profitability Rank Related Terms

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Loctek Ergonomic Technology (SZSE:300729) Business Description

Traded in Other Exchanges
N/A
Address
No.757 Rili Middle Road, Floor 20 Aux Building, Yinzhou District, Ningbo, CHN, 315199
Loctek Ergonomic Technology Corp is a China-based company. The company manufactures office systems and equipment including height adjustable desk, sit-stand workstation, monitor arm, TV wall mount specifically designed for plasma, LCD, and LED TVs and exercise bike in China. It also offers table mounts, wall furniture, carts, projector screen, speaker stands.

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