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Hengdian Group Tospo Lighting Co (SHSE:603303) Profitability Rank : 7 (As of Mar. 2024)


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What is Hengdian Group Tospo Lighting Co Profitability Rank?

Hengdian Group Tospo Lighting Co has the Profitability Rank of 7.

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

Hengdian Group Tospo Lighting Co's Operating Margin % for the quarter that ended in Mar. 2024 was 8.13%. As of today, Hengdian Group Tospo Lighting Co's Piotroski F-Score is 6.


Competitive Comparison of Hengdian Group Tospo Lighting Co's Profitability Rank

For the Electrical Equipment & Parts subindustry, Hengdian Group Tospo Lighting 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.


Hengdian Group Tospo Lighting Co's Profitability Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hengdian Group Tospo Lighting Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Hengdian Group Tospo Lighting Co's Profitability Rank falls into.



Hengdian Group Tospo Lighting 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.

Hengdian Group Tospo Lighting Co has the Profitability Rank of 7.

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.

Hengdian Group Tospo Lighting 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 )
=88.268 / 1085.465
=8.13 %

* 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

Hengdian Group Tospo Lighting Co has an F-score of 6 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.

Good Sign:

Hengdian Group Tospo Lighting Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Hengdian Group Tospo Lighting Co Profitability Rank Related Terms

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Hengdian Group Tospo Lighting Co (SHSE:603303) Business Description

Traded in Other Exchanges
N/A
Address
Zhejiang Province Hengdian Electronic Industrial Park, Dongyang, CHN, 322118
Hengdian Group Tospo Lighting Co Ltd is a Chinese company engaged in designing and installation of lighting products. It provides LED light source products, interior lighting, professional lamps and lanterns, lighting control, structural components and other lighting products. LED light source products cover all kinds of bulbs, spotlights and decorative lights.
Executives
Wu Yi Xin senior management
Ni Qiang Director

Hengdian Group Tospo Lighting Co (SHSE:603303) Headlines

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