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Qingdao Richmat Intelligence Technology (SZSE:301320) Profitability Rank : 7 (As of Mar. 2024)


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What is Qingdao Richmat Intelligence Technology Profitability Rank?

Qingdao Richmat Intelligence Technology has the Profitability Rank of 7.

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

Qingdao Richmat Intelligence Technology's Operating Margin % for the quarter that ended in Mar. 2024 was 8.71%. As of today, Qingdao Richmat Intelligence Technology's Piotroski F-Score is 7.


Competitive Comparison of Qingdao Richmat Intelligence Technology's Profitability Rank

For the Specialty Industrial Machinery subindustry, Qingdao Richmat Intelligence Technology'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.


Qingdao Richmat Intelligence Technology's Profitability Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Qingdao Richmat Intelligence Technology's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Qingdao Richmat Intelligence Technology's Profitability Rank falls into.



Qingdao Richmat Intelligence Technology 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.

Qingdao Richmat Intelligence Technology has the Profitability Rank of 7.

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.

Qingdao Richmat Intelligence Technology'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 )
=17.221 / 197.643
=8.71 %

* 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

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

Qingdao Richmat Intelligence Technology 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:

Qingdao Richmat Intelligence Technology Inc operating margin has been in a 5-year decline. The average rate of decline per year is -4.6%.

4. Consistency of the profitability

5. Predictability Rank


Qingdao Richmat Intelligence Technology Profitability Rank Related Terms

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Qingdao Richmat Intelligence Technology (SZSE:301320) Business Description

Traded in Other Exchanges
N/A
Address
No. 78, Kongquehe 4th Road, Qingdao Garment Industrial Park, Jimo District, Shandong Province, Qingdao, CHN, 266200
Qingdao Richmat Intelligence Technology Inc is engaged in Research and development, production and sales of intelligent linear drive system products. its products include: Linear actuator Dual actuator, Lifting column, Control box, Handset, and Massage motor.

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