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Jiangsu Xiechang Electronic Technology Group Co (SZSE:301418) Financial Strength : 9 (As of Mar. 2025)


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What is Jiangsu Xiechang Electronic Technology Group Co Financial Strength?

Jiangsu Xiechang Electronic Technology Group Co has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Jiangsu Xiechang Electronic Technology Group 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.

Jiangsu Xiechang Electronic Technology Group Co's Interest Coverage for the quarter that ended in Mar. 2025 was 65.64. Jiangsu Xiechang Electronic Technology Group Co's debt to revenue ratio for the quarter that ended in Mar. 2025 was 0.00. As of today, Jiangsu Xiechang Electronic Technology Group Co's Altman Z-Score is 16.57.


Competitive Comparison of Jiangsu Xiechang Electronic Technology Group Co's Financial Strength

For the Electrical Equipment & Parts subindustry, Jiangsu Xiechang Electronic Technology Group 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.


Jiangsu Xiechang Electronic Technology Group Co's Financial Strength Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Xiechang Electronic Technology Group Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Jiangsu Xiechang Electronic Technology Group Co's Financial Strength falls into.


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Jiangsu Xiechang Electronic Technology Group 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:

Jiangsu Xiechang Electronic Technology Group 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 ¥0.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥0.0 Mil.

Jiangsu Xiechang Electronic Technology Group 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*0.919/-0.014
=65.64

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

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

Jiangsu Xiechang Electronic Technology Group 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
=(0.101 + 0) / 300.304
=0.00

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.

Jiangsu Xiechang Electronic Technology Group Co has a Z-score of 16.57, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 16.57 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.


Jiangsu Xiechang Electronic Technology Group Co  (SZSE:301418) 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.

Jiangsu Xiechang Electronic Technology Group Co has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


Jiangsu Xiechang Electronic Technology Group Co Financial Strength Related Terms

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Jiangsu Xiechang Electronic Technology Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Huatai Road, Port Industrial Park, Fenghuang Town, Jiangsu Province, Zhangjiagang, CHN, 215600
Jiangsu Xiechang Electronic Technology Group Co Ltd is engaged in the research and development, production and sales of motion control products and power chips. The products of the company and its subsidiaries are widely used in new energy vehicles, motor drives, switching power supplies, digital portables, communication medical care, automotive electronics, and smart home appliances.

Jiangsu Xiechang Electronic Technology Group Co Headlines

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