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China U-Ton Future Space Industrial Group Holdings (HKSE:06168) Financial Strength : 0 (As of Jun. 2022)


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What is China U-Ton Future Space Industrial Group Holdings Financial Strength?

China U-Ton Future Space Industrial Group Holdings has the Financial Strength Rank of 0.

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 U-Ton Future Space Industrial Group Holdings did not have earnings to cover the interest expense. China U-Ton Future Space Industrial Group Holdings's debt to revenue ratio for the quarter that ended in Jun. 2022 was 9.93. As of today, China U-Ton Future Space Industrial Group Holdings's Altman Z-Score is 0.00.


Competitive Comparison of China U-Ton Future Space Industrial Group Holdings's Financial Strength

For the Communication Equipment subindustry, China U-Ton Future Space Industrial Group Holdings'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 U-Ton Future Space Industrial Group Holdings's Financial Strength Distribution in the Hardware Industry

For the Hardware industry and Technology sector, China U-Ton Future Space Industrial Group Holdings's Financial Strength distribution charts can be found below:

* The bar in red indicates where China U-Ton Future Space Industrial Group Holdings's Financial Strength falls into.



China U-Ton Future Space Industrial Group Holdings 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 U-Ton Future Space Industrial Group Holdings's Interest Expense for the months ended in Jun. 2022 was HK$-21.80 Mil. Its Operating Income for the months ended in Jun. 2022 was HK$-4.54 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was HK$2.78 Mil.

China U-Ton Future Space Industrial Group Holdings's Interest Coverage for the quarter that ended in Jun. 2022 is

China U-Ton Future Space Industrial Group Holdings 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 U-Ton Future Space Industrial Group Holdings's Debt to Revenue Ratio for the quarter that ended in Jun. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(620.737 + 2.779) / 62.818
=9.93

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 U-Ton Future Space Industrial Group Holdings has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy 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 U-Ton Future Space Industrial Group Holdings  (HKSE:06168) 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 U-Ton Future Space Industrial Group Holdings has the Financial Strength Rank of 0.


China U-Ton Future Space Industrial Group Holdings Financial Strength Related Terms

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China U-Ton Future Space Industrial Group Holdings (HKSE:06168) Business Description

Traded in Other Exchanges
N/A
Address
Unit B, 28 Yee Wo Street, 12th Floor, Hang Seng Causeway Bay Building, Causeway Bay, HKG
China U-Ton Future Space Industrial Group Holdings Ltd is engaged in providing deployment services of optical fibers. The principal activities of the Group are the provision of design, deployment and maintenance of optical fibers services, other communication networks services, environmentally intelligent technical products and services, and moneylending services. It utilizes its proprietary micro-ducts and micro-cables system deployment technology to provide optical fiber network construction and capacity expansion services. The company's generates maximum revenue share from the People's Republic of China (PRC).
Executives
Qian Tiwei 2201 Interest of corporation controlled by you
Great Sharp International Limited 2106 Person having a security interest in shares
Liu Xuezhong 2101 Beneficial owner
Li Yuelan 2201 Interest of corporation controlled by you
China Fund Limited 2101 Beneficial owner
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Fresh Idea Ventures Limited 2106 Person having a security interest in shares
Huarong International Financial Holdings Limited 2201 Interest of corporation controlled by you
Bei Jing Xing Yun Chuang Ye Tou Zi You Xian Gong Si 2101 Beneficial owner
Guo Aru
Jiang Changqing
Bright Warm Limited
Bei Jing Xing Yun Qing Ke Tou Zi Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
Bei Jing Xing Ji Cheng Shi Wen Hua Chuan Mei You Xian Gong Si 2201 Interest of corporation controlled by you
Bei Jing Shi Zhong Xiao Qi Ye Fu Wu Zhong Xin 2201 Interest of corporation controlled by you

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