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JS Global Lifestyle Co (HKSE:01691) Financial Strength : 8 (As of Dec. 2023)


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What is JS Global Lifestyle Co Financial Strength?

JS Global Lifestyle Co has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

JS Global Lifestyle 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.

JS Global Lifestyle Co did not have earnings to cover the interest expense. JS Global Lifestyle Co's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00. As of today, JS Global Lifestyle Co's Altman Z-Score is 2.26.


Competitive Comparison of JS Global Lifestyle Co's Financial Strength

For the Furnishings, Fixtures & Appliances subindustry, JS Global Lifestyle 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.


JS Global Lifestyle Co's Financial Strength Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, JS Global Lifestyle Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where JS Global Lifestyle Co's Financial Strength falls into.



JS Global Lifestyle 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:

JS Global Lifestyle Co's Interest Expense for the months ended in Dec. 2023 was HK$-9 Mil. Its Operating Income for the months ended in Dec. 2023 was HK$-170 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$25 Mil.

JS Global Lifestyle Co's Interest Coverage for the quarter that ended in Dec. 2023 is

JS Global Lifestyle Co did not have earnings to cover the interest expense.

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

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

JS Global Lifestyle Co's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(19.774 + 24.812) / 13356.132
=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.

JS Global Lifestyle Co has a Z-score of 2.26, indicating it is in Grey Zones. This implies that JS Global Lifestyle Co 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 2.26 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.


JS Global Lifestyle Co  (HKSE:01691) 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.

JS Global Lifestyle Co has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


JS Global Lifestyle Co Financial Strength Related Terms

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JS Global Lifestyle Co (HKSE:01691) Business Description

Traded in Other Exchanges
Address
238 Des Voeux Road Central, 21st Floor, Sheung Wan, Hong Kong, HKG
JS Global Lifestyle Co Ltd is an investment holding company. Its operating segment includes Joyoung and SharkNinja. The company generates maximum revenue from SharkNinja segment. Its SharkNinja segment is involved in the design, marketing, manufacture, export, import, and distribution of a full range of floor care products, hard-surface steam cleaning products and small kitchen appliances products. Its Joyoung segment is involved in the design, manufacture, marketing, export and distribution of small kitchen electrical appliances. The company earns majority of its revenue from SharkNinja segment.
Executives
Han Run 2101 Beneficial owner
Wang Xuning 2101 Beneficial owner
Yang Ningning 2101 Beneficial owner
Guo De Er Limited 2103 Interests held jointly with another person
Wang Family Global Limited 2103 Interests held jointly with another person
Hannah Han Family Global Limited 2103 Interests held jointly with another person
Hannah Han Family Holdings Limited 2103 Interests held jointly with another person
He Guang Limited 2103 Interests held jointly with another person
Hongjin Family Company Limited 2103 Interests held jointly with another person
Hongjin Global Company Limited 2103 Interests held jointly with another person
Hongtao Holding Company Limited 2103 Interests held jointly with another person
Huang Family Global Limited 2103 Interests held jointly with another person
J&z Family Global Limited 2103 Interests held jointly with another person
Jiang Family Global Limited 2103 Interests held jointly with another person
L&w Everlasting Holdings Limited 2103 Interests held jointly with another person

JS Global Lifestyle Co (HKSE:01691) Headlines

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