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Beijing Beida Jade Bird Universal Sci-Tech Co (HKSE:08095) Financial Strength : 4 (As of Dec. 2023)


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What is Beijing Beida Jade Bird Universal Sci-Tech Co Financial Strength?

Beijing Beida Jade Bird Universal Sci-Tech Co has the Financial Strength Rank of 4.

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.

Beijing Beida Jade Bird Universal Sci-Tech Co did not have earnings to cover the interest expense. Beijing Beida Jade Bird Universal Sci-Tech Co's debt to revenue ratio for the quarter that ended in Dec. 2023 was 1.14. As of today, Beijing Beida Jade Bird Universal Sci-Tech Co's Altman Z-Score is 1.34.


Competitive Comparison of Beijing Beida Jade Bird Universal Sci-Tech Co's Financial Strength

For the Other Industrial Metals & Mining subindustry, Beijing Beida Jade Bird Universal Sci-Tech 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.


Beijing Beida Jade Bird Universal Sci-Tech Co's Financial Strength Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Beijing Beida Jade Bird Universal Sci-Tech Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Beijing Beida Jade Bird Universal Sci-Tech Co's Financial Strength falls into.



Beijing Beida Jade Bird Universal Sci-Tech 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:

Beijing Beida Jade Bird Universal Sci-Tech Co's Interest Expense for the months ended in Dec. 2023 was HK$-18.3 Mil. Its Operating Income for the months ended in Dec. 2023 was HK$-37.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$213.0 Mil.

Beijing Beida Jade Bird Universal Sci-Tech Co's Interest Coverage for the quarter that ended in Dec. 2023 is

Beijing Beida Jade Bird Universal Sci-Tech 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.

Beijing Beida Jade Bird Universal Sci-Tech 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
=(755.634 + 212.99) / 846.216
=1.14

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.

Beijing Beida Jade Bird Universal Sci-Tech Co has a Z-score of 1.34, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.34 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.


Beijing Beida Jade Bird Universal Sci-Tech Co  (HKSE:08095) 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.

Beijing Beida Jade Bird Universal Sci-Tech Co has the Financial Strength Rank of 4.


Beijing Beida Jade Bird Universal Sci-Tech Co Financial Strength Related Terms

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Beijing Beida Jade Bird Universal Sci-Tech Co (HKSE:08095) Business Description

Traded in Other Exchanges
Address
No. 207 Chengfu Road, 3rd Floor, Beida Jade Bird Building, Haidian District, Beijing, CHN, 100871
Beijing Beida Jade Bird Universal Sci-Tech Co Ltd is an investment holding company. Along with subsidiaries, the firm operates in business segments including, Tourism development, Investment holding, Trading of metallic products, Sales & production of LED devices, and All other segments. The tourism segment develops travel & leisure businesses. The trading of metallic products segment includes sales & purchases of metallic products. The investment holding segment invests in funds, debt, & equity investments. Sales & production of LED devices include the development of ceramic end-high of sale & devices and LED power-high modules All other segment is engaged in sales of wine & related products. The company generates the majority of its revenue from the Trading of metallic products segment.
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