GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Shenzhen Refond Optoelectronics Co Ltd (SZSE:300241) » Definitions » Profitability Rank

Shenzhen Refond Optoelectronics Co (SZSE:300241) Profitability Rank : 4 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Shenzhen Refond Optoelectronics Co Profitability Rank?

Shenzhen Refond Optoelectronics Co has the Profitability Rank of 4.

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 Refond Optoelectronics Co's Operating Margin % for the quarter that ended in Mar. 2024 was 4.81%. As of today, Shenzhen Refond Optoelectronics Co's Piotroski F-Score is 4.


Competitive Comparison of Shenzhen Refond Optoelectronics Co's Profitability Rank

For the Semiconductors subindustry, Shenzhen Refond Optoelectronics 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.


Shenzhen Refond Optoelectronics Co's Profitability Rank Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Shenzhen Refond Optoelectronics Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Shenzhen Refond Optoelectronics Co's Profitability Rank falls into.



Shenzhen Refond Optoelectronics 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.

Shenzhen Refond Optoelectronics Co has the Profitability Rank of 4.

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 Refond Optoelectronics 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 )
=15.826 / 329.214
=4.81 %

* 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 Refond Optoelectronics Co 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:

Shenzhen Refond Optoelectronics Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -28.4%.

4. Consistency of the profitability

5. Predictability Rank


Shenzhen Refond Optoelectronics Co Profitability Rank Related Terms

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


Shenzhen Refond Optoelectronics Co (SZSE:300241) Business Description

Traded in Other Exchanges
N/A
Address
Tenth Industrial Zone, Tianyu Community, Gongming Office, 6th Floor, Building 1, Guangming New District, Guangdong, Shenzhen, CHN, 518057
Shenzhen Refond Optoelectronics Co Ltd is a Chinese company principally engaged in offering lighting solutions. In produces and sells UV modules and components, automotive modules and components, LED special application modules, general and special lighting modules, indoor and outdoor lightings, Chip LEDs, TOP LEDs, Power LEDs, among others. The company's products are sold in China and other countries.

Shenzhen Refond Optoelectronics Co (SZSE:300241) Headlines

No Headlines