What is HAXC Holdings (Beijing) Co Financial Strength?
HAXC Holdings (Beijing) Co has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
HAXC Holdings (Beijing) 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.
HAXC Holdings (Beijing) Co did not have earnings to cover the interest expense.
HAXC Holdings (Beijing) Co's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.00.
As of today, HAXC Holdings (Beijing) Co's Altman Z-Score is 21.90.
Competitive Comparison of HAXC Holdings (Beijing) Co's Financial Strength
For the Auto Parts subindustry, HAXC Holdings (Beijing) 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.
HAXC Holdings (Beijing) Co's Financial Strength Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, HAXC Holdings (Beijing) Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where HAXC Holdings (Beijing) Co's Financial Strength falls into.
HAXC Holdings (Beijing) 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:
HAXC Holdings (Beijing) Co's Interest Expense for the
months ended in Mar. 2024 was ¥-0.1 Mil. Its Operating Income for the
months ended in Mar. 2024 was ¥-11.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.3 Mil.
HAXC Holdings (Beijing) Co's Interest Coverage for the quarter that ended in Mar. 2024 is
| HAXC Holdings (Beijing) 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.
HAXC Holdings (Beijing) Co's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is
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.
HAXC Holdings (Beijing) Co has a Z-score of 21.90, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 21.9 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.
HAXC Holdings (Beijing) Co (SZSE:300928) Business Description
Traded in Other Exchanges
N/A
Address
No. 17, Jingsheng South Fourth Street, Building A, Jinqiao Science and Technology Industrial Base, Tongzhou Park, Zhongguancun Science Park, Tongzhou District, Beijing, CHN, 101102
HAXC Holdings Beijing Co Ltd is a service provider of automotive cockpit electronics. Its main business is customization and selection of core display devices, software system development, and sales of supporting devices for automotive central control and LCD instrumentation. The company's products and services specifically include the customized development and selection and sales of automotive display screens, the development of full LCD instrument software and hardware systems, and the development of integrated cockpit display systems, human-machine interaction design, and user interaction interfaces design, vehicle Ethernet system development, and other software and hardware products and solutions that are in line with the development of intelligent and electronic car cabins.
Executives
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