GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » A-Living Smart City Services Co Ltd (HKSE:03319) » Definitions » Financial Strength

A-Living Smart City Services Co (HKSE:03319) Financial Strength : 9 (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is A-Living Smart City Services Co Financial Strength?

A-Living Smart City Services Co has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

A-Living Smart City Services Co Ltd shows strong financial strength.

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.

A-Living Smart City Services Co's Interest Coverage for the quarter that ended in Dec. 2023 was 71.56. A-Living Smart City Services Co's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.02. As of today, A-Living Smart City Services Co's Altman Z-Score is 1.77.


Competitive Comparison of A-Living Smart City Services Co's Financial Strength

For the Real Estate Services subindustry, A-Living Smart City Services Co'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.


A-Living Smart City Services Co's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, A-Living Smart City Services Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where A-Living Smart City Services Co's Financial Strength falls into.



A-Living Smart City Services Co 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:

A-Living Smart City Services Co's Interest Expense for the months ended in Dec. 2023 was HK$-9 Mil. Its Operating Income for the months ended in Dec. 2023 was HK$668 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$172 Mil.

A-Living Smart City Services Co's Interest Coverage for the quarter that ended in Dec. 2023 is

Interest Coverage=-1*Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*668.054/-9.335
=71.56

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. A-Living Smart City Services Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

A-Living Smart City Services Co'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
=(237.46 + 172.202) / 16942.498
=0.02

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.

A-Living Smart City Services Co has a Z-score of 1.77, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.77 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.


A-Living Smart City Services Co  (HKSE:03319) 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.

A-Living Smart City Services Co has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


A-Living Smart City Services Co Financial Strength Related Terms

Thank you for viewing the detailed overview of A-Living Smart City Services Co's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


A-Living Smart City Services Co (HKSE:03319) Business Description

Traded in Other Exchanges
Address
26 Huaxia Road, 35th Floor, Agile Centre, Zhujiang New Town, Tianhe District, Guangdong Province, Guangzhou, CHN, 510623
A-Living Smart City Services, or A-Living, is one of Hong Kong's first listed property management companies. It was spun off from parent Agile Property Holdings in 2018, with Agile retaining 54%. A-Living generates revenue from providing property management services with a focus on mid-to-high-end properties, as well as value-added services to property owners and nonproperty owners. A-Living operates in over 27 cities and regions across China, with a geographical focus in Guangdong province. Prior to listing, A-Living acquired Greenland Property Services in 2017, which accounted for significant goodwill on the balance sheet. Post listing, the company also announced the major acquisition of CMIG PM.

A-Living Smart City Services Co (HKSE:03319) Headlines

No Headlines