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Superland Group Holdings (HKSE:00368) Financial Strength : 4 (As of Jun. 2024)


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What is Superland Group Holdings Financial Strength?

Superland Group Holdings has the Financial Strength Rank of 4.

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.

Superland Group Holdings's Interest Coverage for the quarter that ended in Jun. 2024 was 1.42. Superland Group Holdings's debt to revenue ratio for the quarter that ended in Jun. 2024 was 0.58. As of today, Superland Group Holdings's Altman Z-Score is 1.86.


Competitive Comparison of Superland Group Holdings's Financial Strength

For the Engineering & Construction subindustry, Superland 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.


Superland Group Holdings's Financial Strength Distribution in the Construction Industry

For the Construction industry and Industrials sector, Superland Group Holdings's Financial Strength distribution charts can be found below:

* The bar in red indicates where Superland Group Holdings's Financial Strength falls into.



Superland 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:

Superland Group Holdings's Interest Expense for the months ended in Jun. 2024 was HK$-17.5 Mil. Its Operating Income for the months ended in Jun. 2024 was HK$24.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$0.0 Mil.

Superland Group Holdings's Interest Coverage for the quarter that ended in Jun. 2024 is

Interest Coverage=-1*Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*24.717/-17.451
=1.42

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

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

Superland Group Holdings's Debt to Revenue Ratio for the quarter that ended in Jun. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(470.773 + 0) / 809.366
=0.58

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.

Superland Group Holdings has a Z-score of 1.86, indicating it is in Grey Zones. This implies that Superland Group Holdings is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 1.86 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* 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.


Superland Group Holdings  (HKSE:00368) 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.

Superland Group Holdings has the Financial Strength Rank of 4.


Superland Group Holdings Financial Strength Related Terms

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Superland Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
181 Wai Yip Street, Yin Da Commercial Building, Flat A&B, 3rd Floor, Kwun Tong, Kowloon, Hong Kong, HKG
Superland Group Holdings Ltd is a contractor based in Hong Kong providing fitting-out services and repair and maintenance services registered electrical contractor, registered sub-contractor and registered minor works contractor in Hong Kong. Its fitting-out services cover ceiling, flooring, wall, lighting, glass, metal, wood, stone and plastering works conducted on new buildings and property projects. It also sources and installs doors, furniture and accessories tailor-made according to the specifications of its customers. Its repair and maintenance services cover upgrade, restoration and improvement, and repair, replacement or installation of interior decorative parts conducted on existing premises.
Executives
Fate Investment Company Limited 2101 Beneficial owner
Ng Chi Chiu 2201 Interest of corporation controlled by you
Zhao Haiyan Chloe 2202 Interest of your spouse

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