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Chardan NexTech Acquisition 2 (Chardan NexTech Acquisition 2) Profitability Rank : 2 (As of Jun. 2022)


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What is Chardan NexTech Acquisition 2 Profitability Rank?

Chardan NexTech Acquisition 2 has the Profitability Rank of 2. It has had trouble to make a profit.

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

Chardan NexTech Acquisition 2's Operating Margin % for the quarter that ended in Jun. 2022 was %. As of today, Chardan NexTech Acquisition 2's Piotroski F-Score is 9999.


Competitive Comparison of Chardan NexTech Acquisition 2's Profitability Rank

For the Shell Companies subindustry, Chardan NexTech Acquisition 2'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.


Chardan NexTech Acquisition 2's Profitability Rank Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Chardan NexTech Acquisition 2's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Chardan NexTech Acquisition 2's Profitability Rank falls into.



Chardan NexTech Acquisition 2 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.

Chardan NexTech Acquisition 2 has the Profitability Rank of 2. It has had trouble to make a profit.

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.

Chardan NexTech Acquisition 2's Operating Margin % for the quarter that ended in Jun. 2022 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2022 ) / Revenue (Q: Jun. 2022 )
=-0.466 / 0
= %

* 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

Chardan NexTech Acquisition 2 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.

4. Consistency of the profitability

5. Predictability Rank


Chardan NexTech Acquisition 2 Profitability Rank Related Terms

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Chardan NexTech Acquisition 2 (Chardan NexTech Acquisition 2) Business Description

Traded in Other Exchanges
N/A
Address
17 State Street, 21st Floor, New York, NY, USA, 10004
Website
Chardan NexTech Acquisition 2 Corp is a blank check company.

Chardan NexTech Acquisition 2 (Chardan NexTech Acquisition 2) Headlines

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