What is Sun Hing Vision Group Holdings Financial Strength?
Sun Hing Vision Group Holdings has the Financial Strength Rank of 7.
Good Sign:
Sun Hing Vision Group Holdings 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.
Sun Hing Vision Group Holdings did not have earnings to cover the interest expense.
Sun Hing Vision Group Holdings's debt to revenue ratio for the quarter that ended in Sep. 2023 was 0.08.
As of today, Sun Hing Vision Group Holdings's Altman Z-Score is 2.51.
Competitive Comparison of Sun Hing Vision Group Holdings's Financial Strength
For the Luxury Goods subindustry, Sun Hing Vision Group Holdings'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.
Sun Hing Vision Group Holdings's Financial Strength Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Sun Hing Vision Group Holdings's Financial Strength distribution charts can be found below:
* The bar in red indicates where Sun Hing Vision Group Holdings's Financial Strength falls into.
Sun Hing Vision Group Holdings 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:
Sun Hing Vision Group Holdings's Interest Expense for the
months ended in Sep. 2023 was HK$-0.9 Mil. Its Operating Income for the
months ended in Sep. 2023 was HK$-17.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$12.5 Mil.
Sun Hing Vision Group Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is
| Sun Hing Vision Group Holdings 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.
Sun Hing Vision Group Holdings's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 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.
Sun Hing Vision Group Holdings has a Z-score of 2.51, indicating it is in Grey Zones. This implies that Sun Hing Vision Group Holdings 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 2.51 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.
Sun Hing Vision Group Holdings (HKSE:00125) Business Description
Traded in Other Exchanges
N/A
Address
83 Hung To Road, 25 Floor, EGL Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Sun Hing Vision Group Holdings Ltd is an investment holding company. Along with its subsidiaries, the firm engages in the design, manufacture, and distribution of premium eyewear products. It operates through the segments of Eyewear products; Contact lens and others. The company generates maximum revenue from the Eyewear products segment. Geographically, it derives a majority of revenue from Italy and also has a presence in Hong Kong; Japan; the United States and Other countries. The company's brand portfolio includes brand names such as New Balance, agnes b, Jill Stuart, Levi's and Kenzo.
Sun Hing Vision Group Holdings (HKSE:00125) Headlines
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