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Zhangjiagang Furui Special Equipment Co (SZSE:300228) Financial Strength : 8 (As of Mar. 2025)


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What is Zhangjiagang Furui Special Equipment Co Financial Strength?

Zhangjiagang Furui Special Equipment Co has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Zhangjiagang Furui Special Equipment 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.

Zhangjiagang Furui Special Equipment Co's Interest Coverage for the quarter that ended in Mar. 2025 was 80.84. Zhangjiagang Furui Special Equipment Co's debt to revenue ratio for the quarter that ended in Mar. 2025 was 0.06. As of today, Zhangjiagang Furui Special Equipment Co's Altman Z-Score is 3.17.


Competitive Comparison of Zhangjiagang Furui Special Equipment Co's Financial Strength

For the Specialty Industrial Machinery subindustry, Zhangjiagang Furui Special Equipment 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.


Zhangjiagang Furui Special Equipment Co's Financial Strength Distribution in the Industrial Products Industry

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

* The bar in red indicates where Zhangjiagang Furui Special Equipment Co's Financial Strength falls into.


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Zhangjiagang Furui Special Equipment 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:

Zhangjiagang Furui Special Equipment Co's Interest Expense for the months ended in Mar. 2025 was ¥-1 Mil. Its Operating Income for the months ended in Mar. 2025 was ¥92 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥25 Mil.

Zhangjiagang Furui Special Equipment 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*92.072/-1.139
=80.84

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. Zhangjiagang Furui Special Equipment 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.

Zhangjiagang Furui Special Equipment 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
=(133.093 + 25.382) / 2850.764
=0.06

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.

Zhangjiagang Furui Special Equipment Co has a Z-score of 3.17, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.17 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.


Zhangjiagang Furui Special Equipment Co  (SZSE:300228) 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.

Zhangjiagang Furui Special Equipment Co has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


Zhangjiagang Furui Special Equipment Co Financial Strength Related Terms

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Zhangjiagang Furui Special Equipment Co Business Description

Traded in Other Exchanges
N/A
Address
Chen 19 New Road, Yangshe Town, Zhangjiagang City, Jiangsu Province, CHN, 215637
Zhangjiagang Furui Special Equipment Co Ltd is engaged in the design and manufacture of the one-stop integrated solution of natural gas liquefaction, storage, transportation, loading, and unloading as well as the terminal application; and non-standard heavy-duty pressure vessels, vehicle motors remanufacturing, hydrogen Energy equipments and IOT (Internet of Things) of LNG industry.
Executives
Wu Pin Fang Director
Yu Qing Qing Securities Affairs Representative
Huang Feng Directors, executives
Zhang Jian Zhong Executives
Jiang Yan Executives
Yin Jin Song Executives
Meng Wei Hua Executives
Xu Xue Hao Executives
Zhang Bo Executives
Guo Jing Juan Independent director
Zhou Jian Lin Executives
Xu Jun Jie Executives
Wu Xin Hua Executives
Peng Jun Chou Executives
Wu Qi Ming Supervisors

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