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GoFintech Innovation (HKSE:00290) Profitability Rank : 1 (As of Sep. 2023)


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What is GoFintech Innovation Profitability Rank?

GoFintech Innovation has the Profitability Rank of 1. 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

GoFintech Innovation's Operating Margin % for the quarter that ended in Sep. 2023 was -41.41%. As of today, GoFintech Innovation's Piotroski F-Score is 4.


Competitive Comparison of GoFintech Innovation's Profitability Rank

For the Financial Conglomerates subindustry, GoFintech Innovation'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.


GoFintech Innovation's Profitability Rank Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, GoFintech Innovation's Profitability Rank distribution charts can be found below:

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



GoFintech Innovation 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.

GoFintech Innovation has the Profitability Rank of 1. 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.

GoFintech Innovation's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=-7.598 / 18.349
=-41.41 %

* 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

GoFintech Innovation 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.

Warning Sign:

GoFintech Innovation Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -26.7%.

4. Consistency of the profitability

5. Predictability Rank


GoFintech Innovation Profitability Rank Related Terms

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GoFintech Innovation (HKSE:00290) Business Description

Traded in Other Exchanges
N/A
Address
183 Queen’s Road Central, 41st Floor COSCO Tower, Units No. 4102-06, Hong Kong, HKG
GoFintech Innovation Ltd is a cross-border financial service platform based in Hong Kong and relying on the mainland. Its main business includes Securities brokerage and margin financing, Corporate finance, Money lending, Consultancy and insurance brokerage, Asset management, and Equity investment. The majority of the revenue derives from the Asset management segment.
Executives
Liu Zhiwei 2101 Beneficial owner
Wang Tao 2101 Beneficial owner
Star Banner Development Company Limited 2101 Beneficial owner
Yu Dongge 2101 Beneficial owner
Riverhead Capital (international) Management Co., Ltd. 2101 Beneficial owner
Sun Zhuyin 2202 Interest of your spouse
Xie Zhichun 2201 Interest of corporation controlled by you
Santo Limited 2101 Beneficial owner
Santo Limited 2101 Beneficial owner
Jadehero Limited 2101 Beneficial owner
Southlead Limited 2201 Interest of corporation controlled by you
Liberal Expansion Limited 2201 Interest of corporation controlled by you
Whole Advance Limited 2201 Interest of corporation controlled by you
Zhao Xu Guang 2201 Interest of corporation controlled by you

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