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Colorlight Cloud Tech (SZSE:301391) Profitability Rank : 6 (As of Mar. 2024)


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What is Colorlight Cloud Tech Profitability Rank?

Colorlight Cloud Tech 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

Colorlight Cloud Tech's Operating Margin % for the quarter that ended in Mar. 2024 was 8.20%. As of today, Colorlight Cloud Tech's Piotroski F-Score is 4.


Competitive Comparison of Colorlight Cloud Tech's Profitability Rank

For the Communication Equipment subindustry, Colorlight Cloud Tech'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.


Colorlight Cloud Tech's Profitability Rank Distribution in the Hardware Industry

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

* The bar in red indicates where Colorlight Cloud Tech's Profitability Rank falls into.



Colorlight Cloud Tech 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.

Colorlight Cloud Tech 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.

Colorlight Cloud Tech'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 )
=11.705 / 142.734
=8.20 %

* 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

Colorlight Cloud Tech has an F-score of 4 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:

Colorlight Cloud Tech Ltd operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Colorlight Cloud Tech Profitability Rank Related Terms

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Colorlight Cloud Tech (SZSE:301391) Business Description

Traded in Other Exchanges
N/A
Address
Shenzhen International Innovation Valley, 37F-39F,Building 8, Zone A, Dashi Yilu, Nanshan District, Vanke Cloud, Shenzhen, CHN, 518055
Colorlight Cloud Tech Ltd is engaged in the video processing algorithm as the core and hardware equipment as the carrier, it provides customers with professional display control products in the field of video images.

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