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Wuhu Token Science Co (SZSE:300088) Financial Strength : 5 (As of Mar. 2024)


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What is Wuhu Token Science Co Financial Strength?

Wuhu Token Science Co has the Financial Strength Rank of 5.

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.

Wuhu Token Science Co's Interest Coverage for the quarter that ended in Mar. 2024 was 2.67. Wuhu Token Science Co's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.21. As of today, Wuhu Token Science Co's Altman Z-Score is 2.39.


Competitive Comparison of Wuhu Token Science Co's Financial Strength

For the Electronic Components subindustry, Wuhu Token Science 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.


Wuhu Token Science Co's Financial Strength Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wuhu Token Science Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Wuhu Token Science Co's Financial Strength falls into.



Wuhu Token Science 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:

Wuhu Token Science Co's Interest Expense for the months ended in Mar. 2024 was ¥-21 Mil. Its Operating Income for the months ended in Mar. 2024 was ¥55 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥145 Mil.

Wuhu Token Science Co's Interest Coverage for the quarter that ended in Mar. 2024 is

Interest Coverage=-1*Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*54.919/-20.54
=2.67

The higher the ratio, the stronger the company's financial strength is.

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

Wuhu Token Science Co's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(2025.031 + 144.725) / 10412.752
=0.21

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.

Wuhu Token Science Co has a Z-score of 2.39, indicating it is in Grey Zones. This implies that Wuhu Token Science Co is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 2.39 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* 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.


Wuhu Token Science Co  (SZSE:300088) 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.

Wuhu Token Science Co has the Financial Strength Rank of 5.


Wuhu Token Science Co Financial Strength Related Terms

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


Wuhu Token Science Co (SZSE:300088) Business Description

Traded in Other Exchanges
N/A
Address
Wuhu Economic and Technological Development Zone, Jinger Road, East of steam, Wuhu, Anhui, CHN, 241009
Wuhu Token Science Co Ltd is engaged in the research, development, production, and sales of new flat panel display devices and materials, touch screen and touch display modules, ultra-thin display panels, vacuum photocouplic coating products, and other coating products, display glass and organic materials cover and other electronic display devices and materials, related optoelectronic components and related optical and electronic equipment, spare parts, electronic raw materials.
Executives
Zou Zhen Executives
Ding Li Jian Independent director
Gao Qian Wen Director
Chen Qi Director
Chen Wei Da Directors, executives
Lian Jian Director
Pan Zhi Supervisors
Ning Peng Fei Directors, executives
Chen Xi Lin Directors, executives
Sun Jian Ye Independent director
Shen Li Directors, executives

Wuhu Token Science Co (SZSE:300088) Headlines

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