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Formosa Advanced Technologies Co (TPE:8131) Profitability Rank : 8 (As of Mar. 2024)


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What is Formosa Advanced Technologies Co Profitability Rank?

Formosa Advanced Technologies Co 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

Formosa Advanced Technologies Co's Operating Margin % for the quarter that ended in Mar. 2024 was 12.46%. As of today, Formosa Advanced Technologies Co's Piotroski F-Score is 6.


Competitive Comparison of Formosa Advanced Technologies Co's Profitability Rank

For the Semiconductor Equipment & Materials subindustry, Formosa Advanced Technologies 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.


Formosa Advanced Technologies Co's Profitability Rank Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Formosa Advanced Technologies Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Formosa Advanced Technologies Co's Profitability Rank falls into.



Formosa Advanced Technologies 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.

Formosa Advanced Technologies Co 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.

Formosa Advanced Technologies 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 )
=293.963 / 2359.653
=12.46 %

* 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

Formosa Advanced Technologies 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.

Warning Sign:

Formosa Advanced Technologies Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -16.3%.

4. Consistency of the profitability

5. Predictability Rank


Formosa Advanced Technologies Co Profitability Rank Related Terms

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Formosa Advanced Technologies Co (TPE:8131) Business Description

Traded in Other Exchanges
N/A
Address
No.329, Ho-Nan Street, Touliu, TWN, 640
Formosa Advanced Technologies Co Ltd is a professional manufacturer of DRAM assembly, testing and module Turn-Key service in Taiwan. Its operations include the packaging, testing, processing, and research and development of integrated chips. The group's business activity is operated in Taiwan, Hong Kong, and South Korea. It provides services applied in thin small-outline packages (TSOPs), quad flat packages (QFPs), ball grid array (BGA) packages, chip probing (CP) testing, solid-state disk (SSD) testing, system-in-package (SIP) testing, embedded multimedia card (eMMC) testing, as well as cutting, grinding and testing of light-emitting diodes (LED) wafers, among others.

Formosa Advanced Technologies Co (TPE:8131) Headlines

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