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Hengxin Technology (HKSE:01085) Profitability Rank : 8 (As of Dec. 2023)


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What is Hengxin Technology Profitability Rank?

Hengxin Technology has the Profitability Rank of 8. 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

Hengxin Technology's Operating Margin % for the quarter that ended in Dec. 2023 was 9.86%. As of today, Hengxin Technology's Piotroski F-Score is 8.


Competitive Comparison of Hengxin Technology's Profitability Rank

For the Communication Equipment subindustry, Hengxin Technology'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.


Hengxin Technology's Profitability Rank Distribution in the Hardware Industry

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

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



Hengxin Technology 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.

Hengxin Technology has the Profitability Rank of 8. 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.

Hengxin Technology's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=127.993 / 1298.657
=9.86 %

* 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

Hengxin Technology 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:

Hengxin Technology Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -11.1%.

4. Consistency of the profitability

5. Predictability Rank


Hengxin Technology Profitability Rank Related Terms

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Hengxin Technology (HKSE:01085) Business Description

Traded in Other Exchanges
N/A
Address
5 Tampines Central 1, No. 06-05 Tampines Plaza 2, Singapore, SGP, 529541
Hengxin Technology Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the manufacturing of radio frequency (RF) coaxial cable series for mobile communications. It operates in the segments of Radiofrequency coaxial cables, Telecommunication and accessories, and Antennas. Its product portfolio includes RF coaxial cable series for mobile communications, coaxial cables for telecommunications equipment and accessories, and other products which include high-temperature-resistant cables and antennas. It derives a majority of its revenue from the sale of Radiofrequency coaxial cables.
Executives
Kingever Enterprises Limited 2101 Beneficial owner
Cui Wei 2201 Interest of corporation controlled by you

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