What is Hang Pin Living Technology Co Financial Strength?
Hang Pin Living Technology Co has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
Hang Pin Living Technology Co Ltd shows strong financial strength.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and 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.
4. Other debt related ratios.
A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.
Hang Pin Living Technology Co has no long-term debt (1).
Hang Pin Living Technology Co's debt to revenue ratio for the quarter that ended in Sep. 2024 was 0.00.
As of today, Hang Pin Living Technology Co's Altman Z-Score is 6.85.
(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Competitive Comparison of Hang Pin Living Technology Co's Financial Strength
For the Apparel Manufacturing subindustry, Hang Pin Living 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.
Hang Pin Living Technology Co's Financial Strength Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hang Pin Living Technology Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where Hang Pin Living Technology Co's Financial Strength falls into.
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:
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.
Hang Pin Living Technology Co has a Z-score of 6.85, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 6.85 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.
Hang Pin Living Technology Co (HKSE:01682) Financial Strength Explanation
The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.
Hang Pin Living Technology Co has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.
Hang Pin Living Technology Co Financial Strength Related Terms
Thank you for viewing the detailed overview of Hang Pin Living Technology Co's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
Hang Pin Living Technology Co Business Description
Hang Pin Living Technology Co Ltd is principally engaged in the Garment sourcing; and the Provision of financial services business. It operates in two segments namely Garment sourcing and Provision of financial service. It offers a comprehensive range of sourcing management services and expertise, including product design and product development, sampling, product offering, sourcing, outsourcing, logistics and delivery, and overseas sales capabilities. Majority revenue is derived from the garment sourcing business.
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