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Zhejiang Lante Optics Co (SHSE:688127) Profitability Rank : 8 (As of Mar. 2024)


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What is Zhejiang Lante Optics Co Profitability Rank?

Zhejiang Lante Optics 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

Zhejiang Lante Optics Co's Operating Margin % for the quarter that ended in Mar. 2024 was 15.41%. As of today, Zhejiang Lante Optics Co's Piotroski F-Score is 8.


Competitive Comparison of Zhejiang Lante Optics Co's Profitability Rank

For the Semiconductor Equipment & Materials subindustry, Zhejiang Lante Optics 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.


Zhejiang Lante Optics Co's Profitability Rank Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Zhejiang Lante Optics Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Zhejiang Lante Optics Co's Profitability Rank falls into.



Zhejiang Lante Optics 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.

Zhejiang Lante Optics 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.

Zhejiang Lante Optics 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 )
=25.76 / 167.198
=15.41 %

* 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

Zhejiang Lante Optics 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.

Warning Sign:

Zhejiang Lante Optics Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -15%.

4. Consistency of the profitability

5. Predictability Rank


Zhejiang Lante Optics Co Profitability Rank Related Terms

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Zhejiang Lante Optics Co (SHSE:688127) Business Description

Traded in Other Exchanges
N/A
Address
Honghe Town, Xiuzhou District, Zhejiang Province, Jiaxing, CHN, 314023
Zhejiang Lante Optics Co Ltd is engaged in production and sales of optical components. The company produces prisms, lenses, glass wafers, glass aspheric lenses, coatings and lens assembly, and has been involved in traditional optics, optoelectronic displays, photovoltaics, automobiles, lighting, optical communications, semiconductors, consumer electronics, medical, virtual/augmented reality and other fields. The processing and manufacturing of optical products can be found in the core components of high-tech products such as telescopes, microscopes, mobile phone, AR/VR, digital cameras, security monitors, multimedia projectors, sights, image measuring equipment, and automobile interior and exterior decoration.
Executives
Li Qing Song Core technical personnel
Xu Ming Yang Core technical personnel
Yao Liang Directors, senior managers
Wang Xiao Ming Director
Hu Jian Core technical personnel

Zhejiang Lante Optics Co (SHSE:688127) Headlines

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