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Hangzhou Hik-Vision Digital Technology Co (SZSE:002415) Profitability Rank : 9 (As of Mar. 2024)


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What is Hangzhou Hik-Vision Digital Technology Co Profitability Rank?

Hangzhou Hik-Vision Digital Technology Co has the Profitability Rank of 9. 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

Hangzhou Hik-Vision Digital Technology Co's Operating Margin % for the quarter that ended in Mar. 2024 was 15.27%. As of today, Hangzhou Hik-Vision Digital Technology Co's Piotroski F-Score is 7.


Competitive Comparison of Hangzhou Hik-Vision Digital Technology Co's Profitability Rank

For the Computer Hardware subindustry, Hangzhou Hik-Vision Digital Technology 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.


Hangzhou Hik-Vision Digital Technology Co's Profitability Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hangzhou Hik-Vision Digital Technology Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Hangzhou Hik-Vision Digital Technology Co's Profitability Rank falls into.



Hangzhou Hik-Vision Digital Technology 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.

Hangzhou Hik-Vision Digital Technology Co has the Profitability Rank of 9. 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.

Hangzhou Hik-Vision Digital Technology 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 )
=2720.711 / 17817.55
=15.27 %

* 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 7, 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

Hangzhou Hik-Vision Digital Technology Co has an F-score of 7. 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:

Hangzhou Hik-Vision Digital Technology Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -6.3%.

4. Consistency of the profitability

5. Predictability Rank


Hangzhou Hik-Vision Digital Technology Co Profitability Rank Related Terms

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Hangzhou Hik-Vision Digital Technology Co (SZSE:002415) Business Description

Traded in Other Exchanges
N/A
Address
No.555 Qianmo Road, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310051
Hangzhou Hikvision Digital Technology is the world's largest manufacturer of video surveillance equipment. Since then, the company has been growing its software and analytics offerings, as customers are increasingly seeking customized total solutions. Hikvision is also developing its Innovative businesses, which accounted for 18% of overall 2022 revenue. The smart-home business is powered by the EZVIZ consumer brand. Innovative business includes the development of industrial robotics, automotive electronics, X-ray sensors, infrared sensors, memory products and medical systems. Hikvision employs more than 58,000 people.

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