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Beijing Huafeng Testntrol Technology Co (SHSE:688200) Financial Strength : 10 (As of Sep. 2024)


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What is Beijing Huafeng Testntrol Technology Co Financial Strength?

Beijing Huafeng Testntrol Technology Co has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Beijing Huafeng Test & Control Technology Co Ltd shows strong financial strength.

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 Huafeng Testntrol Technology Co's Interest Coverage for the quarter that ended in Sep. 2024 was 776.94. Beijing Huafeng Testntrol Technology Co's debt to revenue ratio for the quarter that ended in Sep. 2024 was 0.01. As of today, Beijing Huafeng Testntrol Technology Co's Altman Z-Score is 38.28.


Competitive Comparison of Beijing Huafeng Testntrol Technology Co's Financial Strength

For the Semiconductor Equipment & Materials subindustry, Beijing Huafeng Testntrol Technology 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 Huafeng Testntrol Technology Co's Financial Strength Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Beijing Huafeng Testntrol Technology Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Beijing Huafeng Testntrol Technology Co's Financial Strength falls into.



Beijing Huafeng Testntrol Technology 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 Huafeng Testntrol Technology Co's Interest Expense for the months ended in Sep. 2024 was ¥-0.1 Mil. Its Operating Income for the months ended in Sep. 2024 was ¥97.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥7.8 Mil.

Beijing Huafeng Testntrol Technology Co's Interest Coverage for the quarter that ended in Sep. 2024 is

Interest Coverage=-1*Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*97.895/-0.126
=776.94

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. Beijing Huafeng Test & Control Technology 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.

Beijing Huafeng Testntrol Technology Co's Debt to Revenue Ratio for the quarter that ended in Sep. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(4.085 + 7.833) / 968.5
=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.

Beijing Huafeng Testntrol Technology Co has a Z-score of 38.28, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 38.28 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.


Beijing Huafeng Testntrol Technology Co  (SHSE:688200) 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 Huafeng Testntrol Technology Co has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Beijing Huafeng Testntrol Technology Co Financial Strength Related Terms

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Beijing Huafeng Testntrol Technology Co Business Description

Traded in Other Exchanges
N/A
Address
7th Floor, 2 Building, No 1 Haiying Road, Fengtai District, Beijing, CHN, 100070
Beijing Huafeng Test & Control Technology Co Ltd is engaged in research, development, production, and sales of semiconductor automated test systems. The company's products include STS 8200 Test System and STS 8300 Test System.
Executives
Mei Yun He Director
Fu Wei Dong Directors, senior managers
Qi Yan senior management
Cai Lin Directors, senior managers
Zhou Peng Directors, senior managers, core technical personn
Xu Jie Shuang Directors, senior managers
Yuan Yan Core technical personnel
Liu Hui Peng Director
Hao Rui Ting Core technical personnel
Sun Qiang Directors, senior managers
Ju Ning senior management

Beijing Huafeng Testntrol Technology Co Headlines

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