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Radiant Opto-Electronics (TPE:6176) Profitability Rank : 8 (As of Mar. 2024)


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What is Radiant Opto-Electronics Profitability Rank?

Radiant Opto-Electronics 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

Radiant Opto-Electronics's Operating Margin % for the quarter that ended in Mar. 2024 was 11.65%. As of today, Radiant Opto-Electronics's Piotroski F-Score is 8.


Competitive Comparison of Radiant Opto-Electronics's Profitability Rank

For the Electronic Components subindustry, Radiant Opto-Electronics'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.


Radiant Opto-Electronics's Profitability Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Radiant Opto-Electronics's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Radiant Opto-Electronics's Profitability Rank falls into.



Radiant Opto-Electronics 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.

Radiant Opto-Electronics 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.

Radiant Opto-Electronics'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 )
=1261.347 / 10827.18
=11.65 %

* 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

Radiant Opto-Electronics 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.

Good Sign:

Radiant Opto-Electronics Corp operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Radiant Opto-Electronics Profitability Rank Related Terms

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Radiant Opto-Electronics (TPE:6176) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Central 6th Road, Qianzhen District, Kaohsiung City, TWN
Radiant Opto-Electronics Corp is a Taiwan-based company that is principally engaged in designing, manufacturing, assembling, and marketing backlight modules. The Group has two reportable segments: the domestic segment and Mainland China segment. The domestic segment engages in the manufacture and sale of light guide plates, backlight modules for LCDs, and lighting component. The Mainland China segment uses the technologies provided by the domestic segment to develop new designs of products according to the demands of various customers. Majority of revenue is generated from Mainland China.

Radiant Opto-Electronics (TPE:6176) Headlines

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