What is China Reform Culture Holdings Co Financial Strength?
China Reform Culture Holdings Co has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
China Reform Culture Holdings 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.
China Reform Culture Holdings Co's Interest Coverage for the quarter that ended in Sep. 2024 was 169.37.
China Reform Culture Holdings Co's debt to revenue ratio for the quarter that ended in Sep. 2024 was 0.02.
As of today, China Reform Culture Holdings Co's Altman Z-Score is 27.74.
Competitive Comparison of China Reform Culture Holdings Co's Financial Strength
For the Chemicals subindustry, China Reform Culture Holdings 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.
China Reform Culture Holdings Co's Financial Strength Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, China Reform Culture Holdings Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where China Reform Culture Holdings 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.
China Reform Culture Holdings Co has a Z-score of 27.74, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 27.74 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 Reform Culture Holdings Co (SHSE:600636) 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.
China Reform Culture Holdings Co has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.
China Reform Culture Holdings Co Financial Strength Related Terms
Thank you for viewing the detailed overview of China Reform Culture Holdings Co's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
China Reform Culture Holdings Co Business Description
China Reform Culture Holdings Co Ltd is engaged in cultural education business as well as the research, development, manufacture, and marketing of fluoropolymers, fluorocarbons refrigerant and fluorine fine chemicals. The company's primary products consist of fluorine polymers, chlorofluorocarbon (CFC) products and CFC substitutes, such as polyvinylidene fluoride (PVDF) functional resins, specialty fluorine rubbers, environment-friendly fluorine rubber products and polytetrafluoroethylene (PTFE) resins, among others.
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