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SANXIANG IMPRESSION CO (SZSE:000863) Financial Strength : 5 (As of Mar. 2024)


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What is SANXIANG IMPRESSION CO Financial Strength?

SANXIANG IMPRESSION CO 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.

SANXIANG IMPRESSION CO did not have earnings to cover the interest expense. SANXIANG IMPRESSION CO's debt to revenue ratio for the quarter that ended in Mar. 2024 was 2.90. As of today, SANXIANG IMPRESSION CO's Altman Z-Score is 1.64.


Competitive Comparison of SANXIANG IMPRESSION CO's Financial Strength

For the Real Estate Services subindustry, SANXIANG IMPRESSION 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.


SANXIANG IMPRESSION CO's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, SANXIANG IMPRESSION CO's Financial Strength distribution charts can be found below:

* The bar in red indicates where SANXIANG IMPRESSION CO's Financial Strength falls into.



SANXIANG IMPRESSION 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:

SANXIANG IMPRESSION CO's Interest Expense for the months ended in Mar. 2024 was ¥-5 Mil. Its Operating Income for the months ended in Mar. 2024 was ¥-42 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥218 Mil.

SANXIANG IMPRESSION CO's Interest Coverage for the quarter that ended in Mar. 2024 is

SANXIANG IMPRESSION CO 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.

SANXIANG IMPRESSION CO's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(306.67 + 217.849) / 180.756
=2.90

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.

SANXIANG IMPRESSION CO has a Z-score of 1.64, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.64 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.


SANXIANG IMPRESSION CO  (SZSE:000863) 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.

SANXIANG IMPRESSION CO has the Financial Strength Rank of 5.


SANXIANG IMPRESSION CO Financial Strength Related Terms

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SANXIANG IMPRESSION CO (SZSE:000863) Business Description

Traded in Other Exchanges
N/A
Address
Room 501, No. 333, Yixian Road, Yangpu District, Shanghai, CHN, 200434
SANXIANG IMPRESSION CO LTD is a real estate agency and property management company. It offers integrating construction, installation, building materials processing, decoration design, real estate agencies, advertising communication, and property management services. Its main projects are in Shanghai and Shenzhen.

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