GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Honey Hope Honesty Enterprise Co Ltd (ROCO:8043) » Definitions » Profitability Rank

Honey Hope Honesty Enterprise Co (ROCO:8043) Profitability Rank : 6 (As of Mar. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Honey Hope Honesty Enterprise Co Profitability Rank?

Honey Hope Honesty Enterprise Co has the Profitability Rank of 6.

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

Honey Hope Honesty Enterprise Co's Operating Margin % for the quarter that ended in Mar. 2024 was -1.20%. As of today, Honey Hope Honesty Enterprise Co's Piotroski F-Score is 8.


Competitive Comparison of Honey Hope Honesty Enterprise Co's Profitability Rank

For the Electronic Components subindustry, Honey Hope Honesty Enterprise 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.


Honey Hope Honesty Enterprise Co's Profitability Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Honey Hope Honesty Enterprise Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Honey Hope Honesty Enterprise Co's Profitability Rank falls into.



Honey Hope Honesty Enterprise 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.

Honey Hope Honesty Enterprise Co has the Profitability Rank of 6.

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.

Honey Hope Honesty Enterprise 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 )
=-12.738 / 1060.608
=-1.20 %

* 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

Honey Hope Honesty Enterprise Co 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.

4. Consistency of the profitability

5. Predictability Rank


Honey Hope Honesty Enterprise Co Profitability Rank Related Terms

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


Honey Hope Honesty Enterprise Co (ROCO:8043) Business Description

Traded in Other Exchanges
N/A
Address
8th floor, Number 316, Section 1, Neihu Road, Neihu District, Taipei, TWN
Honey Hope Honesty Enterprise Co Ltd is engaged in the distribution of professional electronic components. The company focuses on trading of electronic parts and agency for the distribution of domestic and foreign manufacturers' products in Taiwan and Asia. It distributes multilayer capacitors, chip inductors, chip Pai Yung, High-Frequency Chip Inductors and others.

Honey Hope Honesty Enterprise Co (ROCO:8043) Headlines

No Headlines