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Shanghai Xujiahui Commercial Co (SZSE:002561) Financial Strength : 8 (As of Mar. 2024)


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What is Shanghai Xujiahui Commercial Co Financial Strength?

Shanghai Xujiahui Commercial Co has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Shanghai Xujiahui Commercial 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.

Shanghai Xujiahui Commercial Co's Interest Coverage for the quarter that ended in Mar. 2024 was 7.98. Shanghai Xujiahui Commercial Co's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.26. As of today, Shanghai Xujiahui Commercial Co's Altman Z-Score is 6.37.


Competitive Comparison of Shanghai Xujiahui Commercial Co's Financial Strength

For the Department Stores subindustry, Shanghai Xujiahui Commercial 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.


Shanghai Xujiahui Commercial Co's Financial Strength Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shanghai Xujiahui Commercial Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Shanghai Xujiahui Commercial Co's Financial Strength falls into.



Shanghai Xujiahui Commercial 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:

Shanghai Xujiahui Commercial Co's Interest Expense for the months ended in Mar. 2024 was ¥-1.5 Mil. Its Operating Income for the months ended in Mar. 2024 was ¥12.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥104.2 Mil.

Shanghai Xujiahui Commercial Co's Interest Coverage for the quarter that ended in Mar. 2024 is

Interest Coverage=-1*Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*12.31/-1.543
=7.98

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

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

Shanghai Xujiahui Commercial 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
=(34.369 + 104.206) / 538.544
=0.26

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.

Shanghai Xujiahui Commercial Co has a Z-score of 6.37, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 6.37 is strong.

* 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.


Shanghai Xujiahui Commercial Co  (SZSE:002561) 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.

Shanghai Xujiahui Commercial Co has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


Shanghai Xujiahui Commercial Co Financial Strength Related Terms

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Shanghai Xujiahui Commercial Co (SZSE:002561) Business Description

Traded in Other Exchanges
N/A
Address
Number 1068, Zhaojiabang Road, Xuhui District, Shanghai, CHN, 1000
Shanghai Xujiahui Commercial Co Ltd is a China-based company engaged in the department stores retailing businesses. The company provides women's apparels, men's apparels and accessories, sporting goods, sports equipment, massage equipment, medicines, cosmetics, jewelry, watches and clocks, glasses, handbags, bedding, children's products, kitchen appliances and casual dining services through the retailing shopping malls.
Executives
Wang Bin Directors, executives
Chen Hui Yuan Securities Affairs Representative
Jin Guo Liang Director
Dai Zheng Kun Directors, executives
Yu Jia Liang Supervisors
Wang Lu Directors, executives
Tong Guang Yao Directors, executives
Liang Zhong Qiu Executives
Gao Yun Song Supervisors
Shi Wan Di Supervisors

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