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Sunway Co (SHSE:603333) Financial Strength : 6 (As of Mar. 2025)


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What is Sunway Co Financial Strength?

Sunway Co has the Financial Strength Rank of 6.

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.

Sunway Co did not have earnings to cover the interest expense. Sunway Co's debt to revenue ratio for the quarter that ended in Mar. 2025 was 0.57. As of today, Sunway Co's Altman Z-Score is 3.47.


Competitive Comparison of Sunway Co's Financial Strength

For the Electrical Equipment & Parts subindustry, Sunway 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.


Sunway Co's Financial Strength Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sunway Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Sunway Co's Financial Strength falls into.


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Sunway 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:

Sunway Co's Interest Expense for the months ended in Mar. 2025 was ¥-6 Mil. Its Operating Income for the months ended in Mar. 2025 was ¥-11 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥101 Mil.

Sunway Co's Interest Coverage for the quarter that ended in Mar. 2025 is

Sunway 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.

Sunway Co's Debt to Revenue Ratio for the quarter that ended in Mar. 2025 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2025 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(454.728 + 100.531) / 967.232
=0.57

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.

Sunway Co has a Z-score of 3.47, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.47 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.


Sunway Co  (SHSE:603333) 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.

Sunway Co has the Financial Strength Rank of 6.


Sunway Co Financial Strength Related Terms

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


Sunway Co Business Description

Traded in Other Exchanges
N/A
Address
Yingbin Avenue 18,High-tech Di, Leshan City, Sichuan, CHN
Website
Sunway Co Ltd, formerly Sichuan Star Cable Co Ltd is engaged in manufacture and sell of specialty wires and cables. Its main products include all kinds of wires and cables, such as fluoropolymer fire insulation cables, explosion-proof cables, and other related products.
Executives
Sheng Ye Wu Directors, senior managers
Jiang Xiang Dong Directors, senior managers
Luo Ya Jun Director
Duan Yong Xiu Supervisors
Li Guang Yuan Director
Huang Cheng Long Supervisors
Shen Lu Dong Director
Yang Ping Director
He Yu Ying Director
Zhou Feng Shu Supervisors
Huang Jie Supervisors

Sunway Co Headlines

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