GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Uptown Group Co Ltd (HKSE:02330) » Definitions » Financial Strength

China Uptown Group Co (HKSE:02330) Financial Strength : 2 (As of Dec. 2023)


View and export this data going back to 2003. Start your Free Trial

What is China Uptown Group Co Financial Strength?

China Uptown Group Co has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

China Uptown Group Co Ltd displays poor financial strength. Usually, this is caused by too much debt for the company.

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.

China Uptown Group Co did not have earnings to cover the interest expense. China Uptown Group Co's debt to revenue ratio for the quarter that ended in Dec. 2023 was -628.04. As of today, China Uptown Group Co's Altman Z-Score is -0.69.


Competitive Comparison of China Uptown Group Co's Financial Strength

For the Real Estate - Diversified subindustry, China Uptown Group 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.


China Uptown Group Co's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Uptown Group Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where China Uptown Group Co's Financial Strength falls into.



China Uptown Group 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:

China Uptown Group Co's Interest Expense for the months ended in Dec. 2023 was HK$-1.52 Mil. Its Operating Income for the months ended in Dec. 2023 was HK$-39.43 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.77 Mil.

China Uptown Group Co's Interest Coverage for the quarter that ended in Dec. 2023 is

China Uptown Group 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.

China Uptown Group 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
=(34.398 + 0.772) / -0.056
=-628.04

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.

China Uptown Group Co has a Z-score of -0.69, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -0.69 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.


China Uptown Group Co  (HKSE:02330) 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.

China Uptown Group Co has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


China Uptown Group Co Financial Strength Related Terms

Thank you for viewing the detailed overview of China Uptown Group Co's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


China Uptown Group Co (HKSE:02330) Business Description

Traded in Other Exchanges
N/A
Address
30 Canton Road, Suite 1501, 15th Floor, Tower 1, Silvercord, Tsimshatsui, Kowloon, Hong Kong, HKG
China Uptown Group Co Ltd is an investment holding company. The company, through its subsidiaries, is engaged in the business segments of Property development and investment, and Trading of raw cane sugar. The Property development and investment segment develops and sells office premises, commercial and residential properties, and car parking spaces. This segment also generates rental income from investment properties and achieves gain from the appreciation of the property's values in the long term. The Trading of raw cane sugar segment trades raw cane sugar on a worldwide basis.
Executives
Liu Dong 2201 Interest of corporation controlled by you
Ming Hung Fung Company Limited 2101 Beneficial owner
China Sugar Holdings Limited 2101 Beneficial owner
Chen Qiang 2101 Beneficial owner
Liu Zhongxiang 2101 Beneficial owner

China Uptown Group Co (HKSE:02330) Headlines

No Headlines