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Zall Smart Commerce Group (HKSE:02098) Financial Strength : 4 (As of Dec. 2024)


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What is Zall Smart Commerce Group Financial Strength?

Zall Smart Commerce Group has the Financial Strength Rank of 4.

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.

Zall Smart Commerce Group did not have earnings to cover the interest expense. Zall Smart Commerce Group's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.08. As of today, Zall Smart Commerce Group's Altman Z-Score is 2.49.


Competitive Comparison of Zall Smart Commerce Group's Financial Strength

For the Conglomerates subindustry, Zall Smart Commerce 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.


Zall Smart Commerce Group's Financial Strength Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Zall Smart Commerce Group's Financial Strength distribution charts can be found below:

* The bar in red indicates where Zall Smart Commerce Group's Financial Strength falls into.


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Zall Smart Commerce 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:

Zall Smart Commerce Group's Interest Expense for the months ended in Dec. 2024 was HK$-31 Mil. Its Operating Income for the months ended in Dec. 2024 was HK$-287 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$3,508 Mil.

Zall Smart Commerce Group's Interest Coverage for the quarter that ended in Dec. 2024 is

Zall Smart Commerce Group 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.

Zall Smart Commerce Group's Debt to Revenue Ratio for the quarter that ended in Dec. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(12358.361 + 3508.489) / 200899.336
=0.08

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.

Zall Smart Commerce Group has a Z-score of 2.49, indicating it is in Grey Zones. This implies that Zall Smart Commerce Group 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 2.49 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.


Zall Smart Commerce Group  (HKSE:02098) 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.

Zall Smart Commerce Group has the Financial Strength Rank of 4.


Zall Smart Commerce Group Financial Strength Related Terms

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


Zall Smart Commerce Group Business Description

Traded in Other Exchanges
N/A
Address
1 Chutian Avenue, No. 1 Enterprise Community, Panlongcheng Economics and Technology Development Zone, Hubei Province, Wuhan, CHN, 430000
Zall Smart Commerce Group Ltd is an investment holding company whose The principal activities are developing and operating large-scale consumer product focused wholesale shopping malls in the PRC, and providing supply chain management and trading business, e-commerce services, financial services, warehousing, and logistics services for the online and offline customer. The company's operating segments include property development and related services, and supply chain management and trading. The majority of revenue comes from the supply chain management and trading segment, which provides trading services and platforms for agricultural products, chemical materials, plastic raw materials, and other commodities. Geographically, the company derives most of its revenue from China and Singapore.
Executives
So Kit Yee Anita 2501 Other
Leung Fredric Hin Hang 2501 Other
Zall Holdings Company Limited 2101 Beneficial owner
Yan Zhi 2201 Interest of corporation controlled by you
Zall Development Investment Company Limited 2101 Beneficial owner
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Hua Rong Hua Qiao Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

Zall Smart Commerce Group Headlines

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