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Changzhou Aohong Electronics Co (SHSE:605058) Profitability Rank : 7 (As of Mar. 2024)


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What is Changzhou Aohong Electronics Co Profitability Rank?

Changzhou Aohong Electronics 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

Changzhou Aohong Electronics Co's Operating Margin % for the quarter that ended in Mar. 2024 was 11.71%. As of today, Changzhou Aohong Electronics Co's Piotroski F-Score is 9.


Competitive Comparison of Changzhou Aohong Electronics Co's Profitability Rank

For the Electronic Components subindustry, Changzhou Aohong Electronics 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.


Changzhou Aohong Electronics Co's Profitability Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Changzhou Aohong Electronics Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Changzhou Aohong Electronics Co's Profitability Rank falls into.



Changzhou Aohong Electronics 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.

Changzhou Aohong Electronics 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.

Changzhou Aohong Electronics 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 )
=32.15 / 274.465
=11.71 %

* 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 9, 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

Changzhou Aohong Electronics Co has an F-score of 9. 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:

Changzhou Aohong Electronics Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -5.7%.

4. Consistency of the profitability

5. Predictability Rank


Changzhou Aohong Electronics Co Profitability Rank Related Terms

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Changzhou Aohong Electronics Co (SHSE:605058) Business Description

Traded in Other Exchanges
N/A
Address
No. 15, Xinke Road, Xinbei District, Jiangsu Province, Changzhou, CHN, 213031
Changzhou Aohong Electronics Co Ltd is engaged in the production and sales of printed circuit boards (PCB). Its main products are single-sided PCB, double-sided PCB, multi-layer PCB and metal base, printed boards, tin-jet printed boards, carbon film boards and others. The products cover many fields such as household appliances, consumer electronics, power sources, network communications and automotive electronics.

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