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Huizhou Huiderui Lithium Battery Technology Co (BJSE:833523) Profitability Rank : 9 (As of Mar. 2024)


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What is Huizhou Huiderui Lithium Battery Technology Co Profitability Rank?

Huizhou Huiderui Lithium Battery Technology Co has the Profitability Rank of 9. 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

Huizhou Huiderui Lithium Battery Technology Co's Operating Margin % for the quarter that ended in Mar. 2024 was 29.45%. As of today, Huizhou Huiderui Lithium Battery Technology Co's Piotroski F-Score is 8.


Competitive Comparison of Huizhou Huiderui Lithium Battery Technology Co's Profitability Rank

For the Electrical Equipment & Parts subindustry, Huizhou Huiderui Lithium Battery Technology 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.


Huizhou Huiderui Lithium Battery Technology Co's Profitability Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Huizhou Huiderui Lithium Battery Technology Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Huizhou Huiderui Lithium Battery Technology Co's Profitability Rank falls into.



Huizhou Huiderui Lithium Battery Technology 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.

Huizhou Huiderui Lithium Battery Technology Co has the Profitability Rank of 9. 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.

Huizhou Huiderui Lithium Battery Technology 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 )
=32.364 / 109.907
=29.45 %

* 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 8, 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

Huizhou Huiderui Lithium Battery Technology Co has an F-score of 8. 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.

Warning Sign:

Huizhou Huiderui Lithium Battery Technology Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -6.9%.

4. Consistency of the profitability

5. Predictability Rank


Huizhou Huiderui Lithium Battery Technology Co Profitability Rank Related Terms

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Huizhou Huiderui Lithium Battery Technology Co (BJSE:833523) Business Description

Traded in Other Exchanges
N/A
Address
No. 67, Hechangxi 3rd Road, Zhongkai High-tech Zone, Guangdong Province, Huizhou, CHN
Huizhou Huiderui Lithium Battery Technology Co Ltd is engaged in the manufacture and sales of Lithium batteries. The company product includes 3.0V Lithium Manganese Dioxide (Li/MnO2) batteries, 3.0V Thin Film Batteries, and 1.5V Lithium Iron Disulfide (Li/FeS2) batteries.

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