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Innolux (TPE:3481) Profitability Rank : 4 (As of Mar. 2024)


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What is Innolux Profitability Rank?

Innolux has the Profitability Rank of 4.

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

Innolux's Operating Margin % for the quarter that ended in Mar. 2024 was -6.28%. As of today, Innolux's Piotroski F-Score is 7.


Competitive Comparison of Innolux's Profitability Rank

For the Electronic Components subindustry, Innolux'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.


Innolux's Profitability Rank Distribution in the Hardware Industry

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

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



Innolux 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.

Innolux has the Profitability Rank of 4.

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.

Innolux'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 )
=-3171.045 / 50492.208
=-6.28 %

* 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

Innolux 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.

4. Consistency of the profitability

5. Predictability Rank


Innolux Profitability Rank Related Terms

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Innolux (TPE:3481) Business Description

Traded in Other Exchanges
N/A
Address
No. 160, Science Road, Hsinchu Science Park, Zhunan Site, Miaoli, TWN, 35053
Innolux Corp is a Taiwan-based company that designs, manufactures, and distributes thin-film transistor liquid crystal display panels to original-equipment manufacturers. Its panels range from 18 inches to 100 inches and are used in television sets, desktop monitors, notebooks and tablets, and medical and automotive applications. The company has more than 10 manufacturing facilities, predominantly in Taiwan. It generates revenue in Taiwan and markets in Asia, the Americas, and Europe.

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