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Zhuhai Pilot Technology Co (BJSE:831175) Financial Strength : 9 (As of Mar. 2024)


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What is Zhuhai Pilot Technology Co Financial Strength?

Zhuhai Pilot Technology Co has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Zhuhai Pilot Technology 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.

Zhuhai Pilot Technology Co did not have earnings to cover the interest expense. Zhuhai Pilot Technology Co's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.04. As of today, Zhuhai Pilot Technology Co's Altman Z-Score is 3.81.


Competitive Comparison of Zhuhai Pilot Technology Co's Financial Strength

For the Electronic Components subindustry, Zhuhai Pilot Technology 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.


Zhuhai Pilot Technology Co's Financial Strength Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zhuhai Pilot Technology Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Zhuhai Pilot Technology Co's Financial Strength falls into.



Zhuhai Pilot Technology 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:

Zhuhai Pilot Technology Co's Interest Expense for the months ended in Mar. 2024 was ¥-0.1 Mil. Its Operating Income for the months ended in Mar. 2024 was ¥-7.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥5.1 Mil.

Zhuhai Pilot Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 is

Zhuhai Pilot Technology Co did not have earnings to cover the interest expense.

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. Zhuhai Pilot Technology 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.

Zhuhai Pilot Technology 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
=(7.21 + 5.125) / 305.168
=0.04

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.

Zhuhai Pilot Technology Co has a Z-score of 3.81, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.81 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.


Zhuhai Pilot Technology Co  (BJSE:831175) 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.

Zhuhai Pilot Technology Co has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


Zhuhai Pilot Technology Co Financial Strength Related Terms

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Zhuhai Pilot Technology Co (BJSE:831175) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 15, Coast Science and Technology 6th Road, Floors 1 to 3, Building 1, High-tech Zone, Guangdong, Zhuhai, CHN, 519000
Zhuhai Pilot Technology Co Ltd Provides energy Internet of Things products and energy digital solutions to power user-side customers such as large buildings, data centers, finance, hospitals, transportation hubs, and industrial parks. Its main products include intelligent power measurement and control protection, energy and key equipment IoT management and control platform, smart energy dual-carbon integrated management platform, electric Car charging equipment and system platforms form a safe, economical, and low-carbon digital energy service system based on data and algorithms.

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