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Zhong Ji Longevity Science Group (HKSE:00767) Financial Strength : 5 (As of Dec. 2023)


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What is Zhong Ji Longevity Science Group Financial Strength?

Zhong Ji Longevity Science Group has the Financial Strength Rank of 5.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Zhong Ji Longevity Science Group did not have earnings to cover the interest expense. Zhong Ji Longevity Science Group's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.29. As of today, Zhong Ji Longevity Science Group's Altman Z-Score is -5.11.


Competitive Comparison of Zhong Ji Longevity Science Group's Financial Strength

For the Credit Services subindustry, Zhong Ji Longevity Science Group's Financial Strength, along with its competitors' market caps and Financial Strength 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.


Zhong Ji Longevity Science Group's Financial Strength Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Zhong Ji Longevity Science Group's Financial Strength distribution charts can be found below:

* The bar in red indicates where Zhong Ji Longevity Science Group's Financial Strength falls into.



Zhong Ji Longevity Science Group Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Zhong Ji Longevity Science Group's Interest Expense for the months ended in Dec. 2023 was HK$-0.46 Mil. Its Operating Income for the months ended in Dec. 2023 was HK$-6.62 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4.21 Mil.

Zhong Ji Longevity Science Group's Interest Coverage for the quarter that ended in Dec. 2023 is

Zhong Ji Longevity Science Group did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Zhong Ji Longevity Science Group's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(15.988 + 4.209) / 70.156
=0.29

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Zhong Ji Longevity Science Group has a Z-score of -5.11, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -5.11 is in distress zone. This implies bankruptcy possibility in the next two years.

* 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.


Zhong Ji Longevity Science Group  (HKSE:00767) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Zhong Ji Longevity Science Group has the Financial Strength Rank of 5.


Zhong Ji Longevity Science Group Financial Strength Related Terms

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Zhong Ji Longevity Science Group (HKSE:00767) Business Description

Traded in Other Exchanges
N/A
Address
255-257 Gloucester Road, Suite Nos. 01-03, 19th Floor, Sino Plaza, Causeway Bay, Hong Kong, HKG
Zhong Ji Longevity Science Group Ltd is an investment holding company engaged in the business of loan facilitation services business, money lending business, securities and investment business, financial and investment advisory and property investment. It is also engaged in research and development and production of longevity biological products, as well as the development of medical service business including cell and gene therapy and detection test. Its segments consist of Loan facilitation services; Money lending; Securities and other investments; Financial and investment advisory; and Property investment. It derives the majority of revenue from Money Lending segment that loan financing for interest income.
Executives
Chainrai Balram 2101 Beneficial owner
Butani Pap Udharam 2101 Beneficial owner
Li Yan 2101 Beneficial owner
So Hoi Wing Jackson 2101 Beneficial owner
Wong So Wai
Speedy Brilliant Investments Limited 2101 Beneficial owner
Zhou Disun 2201 Interest of corporation controlled by you
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Su Weibiao 2201 Interest of corporation controlled by you
Ma Hongyi 2201 Interest of corporation controlled by you
Harmony Delight Holdings Limited 2101 Beneficial owner
China International Osteoarticular Medical Group Limited 2201 Interest of corporation controlled by you
Zhong Ji 1 International Medical Group (hong Kong) Limited 2101 Beneficial owner
Ng Kwok Fai 2201 Interest of corporation controlled by you
Su Weibiao 2101 Beneficial owner

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