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Hefei I-TEK OptoElectronics Co (SHSE:688610) Profitability Rank : 4 (As of Mar. 2024)


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What is Hefei I-TEK OptoElectronics Co Profitability Rank?

Hefei I-TEK OptoElectronics Co has the Profitability Rank of 4.

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

Hefei I-TEK OptoElectronics Co's Operating Margin % for the quarter that ended in Mar. 2024 was 6.71%. As of today, Hefei I-TEK OptoElectronics Co's Piotroski F-Score is 9999.


Competitive Comparison of Hefei I-TEK OptoElectronics Co's Profitability Rank

For the Electronic Components subindustry, Hefei I-TEK OptoElectronics 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.


Hefei I-TEK OptoElectronics Co's Profitability Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hefei I-TEK OptoElectronics Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Hefei I-TEK OptoElectronics Co's Profitability Rank falls into.



Hefei I-TEK OptoElectronics 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.

Hefei I-TEK OptoElectronics Co has the Profitability Rank of 4.

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.

Hefei I-TEK OptoElectronics 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 )
=4.22 / 62.888
=6.71 %

* 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

Hefei I-TEK OptoElectronics Co has an F-score of 9999. It is a bad or low score, which usually implies poor business operation.

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


Hefei I-TEK OptoElectronics Co Profitability Rank Related Terms

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Hefei I-TEK OptoElectronics Co (SHSE:688610) Business Description

Traded in Other Exchanges
N/A
Address
Wangjiang West Road, 3rd Floor, Building J2, Phase II, Zhongan Chuanggu Science and Technology Park, High-tech Zone, Anhui, Hefei, CHN, 230088
Hefei I-TEK OptoElectronics Co Ltd is a national high-tech enterprise specializing in research & development, production and sales of high-end industrial imaging components. Echo Optoelectronics has always focused on technological innovation and adhered to the positioning of high-end products. It is a high-end domestic brand pioneer enterprise with independent innovation in the field of machine vision.

Hefei I-TEK OptoElectronics Co (SHSE:688610) Headlines

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