GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Shenzhen MinDe Electronics Technology Ltd (SZSE:300656) » Definitions » Profitability Rank

Shenzhen MinDe Electronics Technology (SZSE:300656) Profitability Rank : 8 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Shenzhen MinDe Electronics Technology Profitability Rank?

Shenzhen MinDe Electronics 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

Shenzhen MinDe Electronics Technology's Operating Margin % for the quarter that ended in Mar. 2024 was 17.42%. As of today, Shenzhen MinDe Electronics Technology's Piotroski F-Score is 6.


Competitive Comparison of Shenzhen MinDe Electronics Technology's Profitability Rank

For the Security & Protection Services subindustry, Shenzhen MinDe Electronics 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.


Shenzhen MinDe Electronics Technology's Profitability Rank Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Shenzhen MinDe Electronics Technology's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Shenzhen MinDe Electronics Technology's Profitability Rank falls into.



Shenzhen MinDe Electronics 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.

Shenzhen MinDe Electronics 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.

Shenzhen MinDe Electronics Technology'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 )
=11.44 / 65.685
=17.42 %

* 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

Shenzhen MinDe Electronics Technology 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.

Warning Sign:

Shenzhen MinDe Electronics Technology Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -4.5%.

4. Consistency of the profitability

5. Predictability Rank


Shenzhen MinDe Electronics Technology Profitability Rank Related Terms

Thank you for viewing the detailed overview of Shenzhen MinDe Electronics Technology's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Shenzhen MinDe Electronics Technology (SZSE:300656) Business Description

Traded in Other Exchanges
N/A
Address
No.5, Kezhi Xi Road, 5th Floor, Section 1, 25th Block, Keji Yuan, Nanshan District, Shenzhen, CHN, 518057
Shenzhen MinDe Electronics Technology Ltd is a Chinese company engaged in designing, developing and manufacturing barcode scan instruments. Its products include handheld barcode scanners, cordless barcode scanners, scan engines, image platform, and lightweight data terminal, among others. The application domains are manufacturing, retailing, postage, logistic and medical services. It has customers in China and in various other countries.
Executives
Huang Xiao Dong Directors, executives
Gao Jian Directors, executives
Luo Yuan Xiong Supervisors
Zou Shan Feng Director
Fan Zhang Zheng Directors, executives
Yi Yang Qing Directors, executives
Bai Nan Supervisors
Chen Guo Bing Securities Affairs Representative
Xu Wen Huan Directors, executives

Shenzhen MinDe Electronics Technology (SZSE:300656) Headlines

No Headlines