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China Electric Mfg (TPE:1611) Profitability Rank : 4 (As of Mar. 2024)


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What is China Electric Mfg Profitability Rank?

China Electric Mfg 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

China Electric Mfg's Operating Margin % for the quarter that ended in Mar. 2024 was 9.34%. As of today, China Electric Mfg's Piotroski F-Score is 6.


Competitive Comparison of China Electric Mfg's Profitability Rank

For the Furnishings, Fixtures & Appliances subindustry, China Electric Mfg'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.


China Electric Mfg's Profitability Rank Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, China Electric Mfg's Profitability Rank distribution charts can be found below:

* The bar in red indicates where China Electric Mfg's Profitability Rank falls into.



China Electric Mfg 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.

China Electric Mfg 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.

China Electric Mfg'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 )
=26.505 / 283.896
=9.34 %

* 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

China Electric Mfg has an F-score of 6 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


China Electric Mfg Profitability Rank Related Terms

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China Electric Mfg (TPE:1611) Business Description

Traded in Other Exchanges
N/A
Address
No. 170, DunHua N Road, 6th Floor, Songshan District, Taipei, TWN, 105
China Electric Mfg Corp is principally engaged in the manufacture, distribution, and trade of lighting products in Taiwan. Its products include fluorescent lamps, bulbs, halogen lamps, high-pressure discharge lamps, steam locomotive bulbs, office lighting, residential lighting, commercial lighting, outdoor lighting, special lighting, all kinds of ballast, solar panels, solar power systems, wind power System, LED, optical fiber and water heater.

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