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Kingwell Group (HKSE:01195) Financial Strength : 0 (As of Jun. 2023)


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What is Kingwell Group Financial Strength?

Kingwell Group 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.

Kingwell Group's Interest Coverage for the quarter that ended in Jun. 2023 was 1,112.50. Kingwell Group's debt to revenue ratio for the quarter that ended in Jun. 2023 was 0.00. As of today, Kingwell Group's Altman Z-Score is -4.42.


Competitive Comparison of Kingwell Group's Financial Strength

For the Real Estate - Diversified subindustry, Kingwell Group'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.


Kingwell Group's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kingwell Group's Financial Strength distribution charts can be found below:

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



Kingwell Group 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:

Kingwell Group's Interest Expense for the months ended in Jun. 2023 was HK$-0.01 Mil. Its Operating Income for the months ended in Jun. 2023 was HK$11.13 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$0.21 Mil.

Kingwell Group's Interest Coverage for the quarter that ended in Jun. 2023 is

Interest Coverage=-1*Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*11.125/-0.01
=1,112.50

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. Kingwell Group Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

Kingwell Group's Debt to Revenue Ratio for the quarter that ended in Jun. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.128 + 0.205) / 77.394
=0.00

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.

Kingwell Group has a Z-score of -4.42, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -4.42 is in distress zone. This implies bankruptcy 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.


Kingwell Group  (HKSE:01195) 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.

Kingwell Group has the Financial Strength Rank of 0.


Kingwell Group Financial Strength Related Terms

Thank you for viewing the detailed overview of Kingwell Group's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Kingwell Group (HKSE:01195) Business Description

Traded in Other Exchanges
N/A
Address
62 Mody Road, Units 314-315, Wing On Plaza, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG
Kingwell Group Ltd is engaged in the property development business. It operates under two main segments. The gold mining segment engages in the production and sale of gold; and the property development, property leasing, and property management services segment engages in the development of villas, apartments, and commercial buildings, property leasing of self-owned properties, the sale of carpark spaces and the provision of property management services and construction services. The company derives majority of its revenue from the property development, property leasing, and property management services segment.
Executives
Union Day Group Limited 2201 Interest of corporation controlled by you
Du Yun 2201 Interest of corporation controlled by you
Mu Dongsheng 2101 Beneficial owner
Yin Jiatang 2101 Beneficial owner

Kingwell Group (HKSE:01195) Headlines

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