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Weihaishi Honglin Electronic Co (SZSE:301439) Profitability Rank : 6 (As of Mar. 2024)


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What is Weihaishi Honglin Electronic Co Profitability Rank?

Weihaishi Honglin Electronic Co 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

Weihaishi Honglin Electronic Co's Operating Margin % for the quarter that ended in Mar. 2024 was 3.75%. As of today, Weihaishi Honglin Electronic Co's Piotroski F-Score is 9999.


Competitive Comparison of Weihaishi Honglin Electronic Co's Profitability Rank

For the Electrical Equipment & Parts subindustry, Weihaishi Honglin Electronic 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.


Weihaishi Honglin Electronic Co's Profitability Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Weihaishi Honglin Electronic Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Weihaishi Honglin Electronic Co's Profitability Rank falls into.



Weihaishi Honglin Electronic 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.

Weihaishi Honglin Electronic Co 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.

Weihaishi Honglin Electronic 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 )
=23.842 / 635.416
=3.75 %

* 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

Weihaishi Honglin Electronic Co has an F-score of 9999. 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.

Warning Sign:

Weihaishi Honglin Electronic Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -1.1%.

4. Consistency of the profitability

5. Predictability Rank


Weihaishi Honglin Electronic Co Profitability Rank Related Terms

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Weihaishi Honglin Electronic Co (SZSE:301439) Business Description

Traded in Other Exchanges
N/A
Address
9-10 Pudong Road, Weihai Economic and Technological Zone, Shandong Province, Weihai, CHN, 264205
Weihaishi Honglin Electronic Co Ltd is engaged in the research and development, production and sales of power cord assemblies and special cables.

Weihaishi Honglin Electronic Co (SZSE:301439) Headlines

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