What is Ever-Glory International Group Financial Strength?
Ever-Glory International Group has the Financial Strength Rank of 0.
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.
Ever-Glory International Group did not have earnings to cover the interest expense.
Ever-Glory International Group's debt to revenue ratio for the quarter that ended in Sep. 2022 was 0.24.
As of today, Ever-Glory International Group's Altman Z-Score is 0.00.
Competitive Comparison of Ever-Glory International Group's Financial Strength
For the Apparel Manufacturing subindustry, Ever-Glory International Group'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.
Ever-Glory International Group's Financial Strength Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ever-Glory International Group's Financial Strength distribution charts can be found below:
* The bar in red indicates where Ever-Glory International Group's Financial Strength falls into.
Ever-Glory International Group 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:
Ever-Glory International Group's Interest Expense for the
months ended in Sep. 2022 was $-0.5 Mil. Its Operating Income for the
months ended in Sep. 2022 was $-5.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $7.5 Mil.
Ever-Glory International Group's Interest Coverage for the quarter that ended in Sep. 2022 is
| Ever-Glory International Group 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.
Ever-Glory International Group's Debt to Revenue Ratio for the quarter that ended in Sep. 2022 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.
Ever-Glory International Group has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
* 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.
Ever-Glory International Group (Ever-Glory International Group) Business Description
Traded in Other Exchanges
N/A
Address
Ever-Glory Commercial Center, 509 Chengxin Road, Jiangning Development Zone, Jiangsu Province, Nanjing, CHN, 211102
Ever-Glory International Group Inc retails branded fashion apparel and operates as an apparel supply chain solution provider. The company offers apparel to a woman under its various brands such as La go go, Velwin, Sea To Sky, and Idole with over 936 retail locations in China. The firm also offers global apparel supply chain solutions aiming at middle-to-high end casual wear, outerwear, and sportswear brands. It manufactures apparel products in the People's Republic of China (PRC). It derives most of its revenues from its business in Mainland China and has operations spread across HK China, UK, Europe, United States and Japan.
Executives
| Jianhua Wang |
director |
C/O EVER-GLORY INTERNATIONAL GROUP, INC., 509 CHENGXIN ROAD, JIANGNING DEVELOPMENT, NANJING, JIANGSU PROVINCE F4 211102 |
| Huake Kang |
10 percent owner |
ROOM 102, NO. 16-1, WEI ALLEY, XUANWU DISTRICT, NANJING CITY F4 00000 |
| Merry Tang |
director |
GZTY CPA GROUP, LLC, 52 BRIDGE STREET, METUCHEN NJ 08840 |
| Gerald Goldberg |
director |
|
| Tchaikovsky Bennet Price Jr |
director |
11601 WILSHIRE BOULEVARD, SUITE 2150, LOS ANGELES CA 90025 |
| Zhixue Zhang |
director |
RUI JIN BEI CUN COMMUNITY, BAIXIA DISTRICT, NANJING F4 000000 |
| Changyu Qi |
director |
RUI JIN BEI CUN COMMUNITY, BAIXIA DISTRICT, NANJING F4 000000 |
| Ever-glory Enterprises (h.k.) Ltd |
10 percent owner |
NO. 22-503, MEI HUA SHAN ZHUANG, MU XU YUAN STREET, NANJING, JIANGSU PROVINCE F4 000000 |
| Yihua Kang |
director, 10 percent owner, officer: President, CEO & Secretary |
EVER-GLORY COMM. CENTER, HUARUI BLDG., NO. 33 YUDAO ST., NANJING F4 210007 |
| Jiajun Sun |
director, officer: Chief Operating Officer |
EVER-GLORY COMM. CENTER, HUARUI BLDG., NO. 33 YUDAO ST., NANJING F4 210007 |
| Xiaodong Yan |
director |
EVER-GLORY COMM. CENTER, HUARUI BLDG., NO. 33 YUDAO ST., NANJING F4 210007 |
| Ning Li |
director |
EVER-GLORY COMM. CENTER, HUARUI BLDG., NO. 33 YUDAO ST., NANJING F4 210007 |
| Ruqin Wei |
director |
EVER-GLORY COMM. CENTER, HUARUI BLDG., NO. 33 YUDAO ST., NANJING F4 210007 |
| Yan Guo |
officer: Chief Financial Officer |
EVER-GLORY COMM. CENTER, HUARUI BLDG., NO. 33 YUDAO ST., NANJING F4 210007 |
| Lance Richard Larsen |
officer: President |
75 SUNBANK WAY SE, ALBERTA, CALGARY AB A0 0000 |
Ever-Glory International Group (Ever-Glory International Group) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
EVKG has been successfully added to your