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Anxian Yuan China Holdings (HKSE:00922) Financial Strength : 9 (As of Sep. 2023)


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What is Anxian Yuan China Holdings Financial Strength?

Anxian Yuan China Holdings has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Anxian Yuan China Holdings 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.

Anxian Yuan China Holdings's Interest Coverage for the quarter that ended in Sep. 2023 was 57.88. Anxian Yuan China Holdings's debt to revenue ratio for the quarter that ended in Sep. 2023 was 0.09. As of today, Anxian Yuan China Holdings's Altman Z-Score is 2.18.


Competitive Comparison of Anxian Yuan China Holdings's Financial Strength

For the Personal Services subindustry, Anxian Yuan China 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.


Anxian Yuan China Holdings's Financial Strength Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Anxian Yuan China Holdings's Financial Strength distribution charts can be found below:

* The bar in red indicates where Anxian Yuan China Holdings's Financial Strength falls into.



Anxian Yuan China 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:

Anxian Yuan China Holdings's Interest Expense for the months ended in Sep. 2023 was HK$-0.6 Mil. Its Operating Income for the months ended in Sep. 2023 was HK$36.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.3 Mil.

Anxian Yuan China Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is

Interest Coverage=-1*Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*36.06/-0.623
=57.88

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. Anxian Yuan China Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

Anxian Yuan China Holdings's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(24.037 + 0.287) / 272.966
=0.09

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.

Anxian Yuan China Holdings has a Z-score of 2.18, indicating it is in Grey Zones. This implies that Anxian Yuan China 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 2.18 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.


Anxian Yuan China Holdings  (HKSE:00922) 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.

Anxian Yuan China Holdings has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


Anxian Yuan China Holdings Financial Strength Related Terms

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Anxian Yuan China Holdings (HKSE:00922) Business Description

Traded in Other Exchanges
N/A
Address
77 Leighton Road, Room 1215, Leighton Centre, Causeway Bay, Hong Kong, HKG, 999077
Anxian Yuan China Holdings Ltd is an investment holding company. The company is principally engaged in cemetery businesses. Geographically, the company derives maximum revenue from China. The company generates revenue from sales of tombs and niches; Management fee income and Burial services.
Executives
Excel Precise International Limited 2106 Person having a security interest in shares
Master Point Overseas Limited 2101 Beneficial owner
True Promise Investments Limited 2201 Interest of corporation controlled by you
Law Fei Shing 2201 Interest of corporation controlled by you
Shi Hua 2201 Interest of corporation controlled by you
Yan Zulin 2101 Beneficial owner
Huang Weichun 2101 Beneficial owner

Anxian Yuan China Holdings (HKSE:00922) Headlines

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