What is Universal Scientific Industrial (Shanghai) Co Financial Strength?
Universal Scientific Industrial (Shanghai) Co has the Financial Strength Rank of 6.
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.
Universal Scientific Industrial (Shanghai) Co's Interest Coverage for the quarter that ended in Mar. 2024 was 3.90.
Universal Scientific Industrial (Shanghai) Co's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.17.
As of today, Universal Scientific Industrial (Shanghai) Co's Altman Z-Score is 3.54.
Competitive Comparison of Universal Scientific Industrial (Shanghai) Co's Financial Strength
For the Electronic Components subindustry, Universal Scientific Industrial (Shanghai) 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.
Universal Scientific Industrial (Shanghai) Co's Financial Strength Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Universal Scientific Industrial (Shanghai) Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where Universal Scientific Industrial (Shanghai) Co's Financial Strength falls into.
Universal Scientific Industrial (Shanghai) 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:
Universal Scientific Industrial (Shanghai) Co's Interest Expense for the
months ended in Mar. 2024 was ¥-105 Mil. Its Operating Income for the
months ended in Mar. 2024 was ¥409 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3,891 Mil.
Universal Scientific Industrial (Shanghai) Co's Interest Coverage for the quarter that ended in Mar. 2024 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Universal Scientific Industrial (Shanghai) Co's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 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.
Universal Scientific Industrial (Shanghai) Co has a Z-score of 3.54, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 3.54 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.
Universal Scientific Industrial (Shanghai) Co (SHSE:601231) Business Description
Traded in Other Exchanges
N/A
Address
Number 1558, Zhangdong Road, Zhangjiang Hi-Tech Park, Integrated Circuit Industrial Zone, Shanghai, CHN, 201203
Universal Scientific Industrial (Shanghai) Co Ltd provides design, miniaturization, material sourcing, manufacturing, logistics, and after services of electronic devices and modules for brand owners. It mainly focuses on manufacturing electronic parts including wireless communications products, flat LCD display components, and storage products. The company's sales service network exists in North America, Europe, Japan, China, Taiwan, and manufacturing sites in China, Taiwan, Korea and Mexico.
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Universal Scientific Industrial (Shanghai) Co (SHSE:601231) Headlines
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