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Anhui Genuine New Materials Co (SHSE:603429) Financial Strength : 10 (As of Mar. 2025)


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What is Anhui Genuine New Materials Co Financial Strength?

Anhui Genuine New Materials Co has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Anhui Genuine New Materials 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.

Anhui Genuine New Materials Co's Interest Coverage for the quarter that ended in Mar. 2025 was 113.82. Anhui Genuine New Materials Co's debt to revenue ratio for the quarter that ended in Mar. 2025 was 0.01. As of today, Anhui Genuine New Materials Co's Altman Z-Score is 24.24.


Competitive Comparison of Anhui Genuine New Materials Co's Financial Strength

For the Packaging & Containers subindustry, Anhui Genuine New Materials 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.


Anhui Genuine New Materials Co's Financial Strength Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Anhui Genuine New Materials Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Anhui Genuine New Materials Co's Financial Strength falls into.


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Anhui Genuine New Materials 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:

Anhui Genuine New Materials Co's Interest Expense for the months ended in Mar. 2025 was ¥-0.0 Mil. Its Operating Income for the months ended in Mar. 2025 was ¥2.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥2.0 Mil.

Anhui Genuine New Materials Co's Interest Coverage for the quarter that ended in Mar. 2025 is

Interest Coverage=-1*Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*2.504/-0.022
=113.82

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. Anhui Genuine New Materials Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

2. Debt to revenue ratio. The lower, the better.

Anhui Genuine New Materials 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
=(0.474 + 2.016) / 316.656
=0.01

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.

Anhui Genuine New Materials Co has a Z-score of 24.24, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 24.24 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.


Anhui Genuine New Materials Co  (SHSE:603429) 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.

Anhui Genuine New Materials Co has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Anhui Genuine New Materials Co Financial Strength Related Terms

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Anhui Genuine New Materials Co Business Description

Traded in Other Exchanges
N/A
Address
Taihu Economic Development Zone, The Taihu lake, Anhui Province, Anqing, CHN, 246400
Anhui Genuine New Materials Co Ltd is a China-based manufacturer engaged in printing and packaging materials. The products offered by the company are used for cigarette packaging, cosmetics, household appliances, electronic devices, textiles, automotive parts, greeting cards, furniture and other items. Its products include cigarette tipping paper, cigarette sealing paper, and thermal transfer foil. The cigarette tipping paper covers ordinary cigarette tipping paper series, middle-grade cigarette tipping paper series, and top-grade cigarette tipping paper series products. The Cigarette sealing paper product category and Thermal transfer foil product category includes common series and superior series products. The entity has a business presence in China and other countries.
Executives
Xu Shan Shui Directors, senior managers
Zhao Ji Hui Supervisors
Yang Jiang Tao senior management
Liu Li Zheng Directors, senior managers
Guo Shu Guang Director
Yang Li Wang senior management
Jiang Hua senior management
Wu Zheng Xing senior management
Sun Zhi Song Director
Zhou Shao Jun Director
Yang Er Guo Director
Yang Ji Hong senior management
Yan Shu Cheng Supervisors
Yang Li Xin Supervisors
Zhang Gong Ping Supervisors

Anhui Genuine New Materials Co Headlines

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