What is China Wan Tong Yuan (Holdings) Financial Strength?
China Wan Tong Yuan (Holdings) has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
China Wan Tong Yuan (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.
China Wan Tong Yuan (Holdings)'s Interest Coverage for the quarter that ended in Dec. 2023 was 408.24.
China Wan Tong Yuan (Holdings)'s debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.01.
As of today, China Wan Tong Yuan (Holdings)'s Altman Z-Score is 5.03.
Competitive Comparison of China Wan Tong Yuan (Holdings)'s Financial Strength
For the Personal Services subindustry, China Wan Tong Yuan (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.
China Wan Tong Yuan (Holdings)'s Financial Strength Distribution in the Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, China Wan Tong Yuan (Holdings)'s Financial Strength distribution charts can be found below:
* The bar in red indicates where China Wan Tong Yuan (Holdings)'s Financial Strength falls into.
China Wan Tong Yuan (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:
China Wan Tong Yuan (Holdings)'s Interest Expense for the
months ended in Dec. 2023 was HK$-0.02 Mil. Its Operating Income for the
months ended in Dec. 2023 was HK$8.57 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.00 Mil.
China Wan Tong Yuan (Holdings)'s Interest Coverage for the quarter that ended in Dec. 2023 is
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. China Wan Tong Yuan (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.
China Wan Tong Yuan (Holdings)'s Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is
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.
China Wan Tong Yuan (Holdings) has a Z-score of 5.03, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 5.03 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.
China Wan Tong Yuan (Holdings) (HKSE:06966) Business Description
Traded in Other Exchanges
N/A
Address
No. 48, Louzhuang Road, Langfang Development Area, Hebei, Langfang, CHN
China Wan Tong Yuan (Holdings) Ltd is a burial services provider in Langfang, Hebei Province, China. It offers cemetery services under the brand Wan Tong Yuan and burial services, including traditional and artistic burial services. The group's businesses involve the Sales of burial plots; Sales of columbarium units; Provision of other burial-related services; and Provision of cemetery maintenance services. It derives key revenue from the sales of burial plots. The group operates in the PRC.
Executives
China Wan Tong Yuan (Holdings) (HKSE:06966) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:06966 has been successfully added to your