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WG Tech (Jiang Xi) Co (SHSE:603773) Profitability Rank : 6 (As of Mar. 2024)


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What is WG Tech (Jiang Xi) Co Profitability Rank?

WG Tech (Jiang Xi) 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

WG Tech (Jiang Xi) Co's Operating Margin % for the quarter that ended in Mar. 2024 was 3.54%. As of today, WG Tech (Jiang Xi) Co's Piotroski F-Score is 5.


Competitive Comparison of WG Tech (Jiang Xi) Co's Profitability Rank

For the Electronic Components subindustry, WG Tech (Jiang Xi) 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.


WG Tech (Jiang Xi) Co's Profitability Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, WG Tech (Jiang Xi) Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where WG Tech (Jiang Xi) Co's Profitability Rank falls into.



WG Tech (Jiang Xi) 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.

WG Tech (Jiang Xi) 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.

WG Tech (Jiang Xi) 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 )
=18.619 / 525.398
=3.54 %

* 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

WG Tech (Jiang Xi) Co has an F-score of 5 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.

4. Consistency of the profitability

5. Predictability Rank


WG Tech (Jiang Xi) Co Profitability Rank Related Terms

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WG Tech (Jiang Xi) Co (SHSE:603773) Business Description

Traded in Other Exchanges
N/A
Address
National High-Tech Economic Development Zone, Industrial Park West Avenue Vogt, Jiangxi, Xinyu, CHN, 338004
WG Tech (Jiang Xi) Co Ltd is engaged in coating, production, cutting, sales and research and development of TFT-LCD glass panels. The company offers TFT-LCD glass thin, ITO coating and LENS COVER.
Executives
Hu Fang Fang senior management
Xiong Wei Supervisors
Kang Zhi Hua Director
Zhang Xun Director
Liu Wen Gao Director
Yi Wei Hua Director
Zhang Xiong Bin Director

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