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Wah Hong Industrial (ROCO:8240) Profitability Rank : 6 (As of Mar. 2024)


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What is Wah Hong Industrial Profitability Rank?

Wah Hong Industrial 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

Wah Hong Industrial's Operating Margin % for the quarter that ended in Mar. 2024 was 1.72%. As of today, Wah Hong Industrial's Piotroski F-Score is 8.


Competitive Comparison of Wah Hong Industrial's Profitability Rank

For the Electronic Components subindustry, Wah Hong Industrial'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.


Wah Hong Industrial's Profitability Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wah Hong Industrial's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Wah Hong Industrial's Profitability Rank falls into.



Wah Hong Industrial 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.

Wah Hong Industrial 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.

Wah Hong Industrial'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 )
=28.501 / 1653.814
=1.72 %

* 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

Wah Hong Industrial 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:

Wah Hong Industrial Corp operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Wah Hong Industrial Profitability Rank Related Terms

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Wah Hong Industrial (ROCO:8240) Business Description

Traded in Other Exchanges
N/A
Address
Chung Cheng 4th Road, 6&7, 11 Floor, No.235, Kaohsiung, TWN
Wah Hong Industrial Corp is engaged in manufacturing composite materials and plastics to support sporting equipment, automobile, and electronics industries. The company offers photoelectric material, precision coating, cooling material, semiconductor chemical mechanical polishing machining and others. The activities are functioned through Taiwan, however, it also holds a presence in international market.

Wah Hong Industrial (ROCO:8240) Headlines

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