JRSIS Health Care has the Financial Strength Rank of 5.
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.
JRSIS Health Care has no long-term debt (1).
JRSIS Health Care's debt to revenue ratio for the quarter that ended in Sep. 2023 was 0.13.
As of today, JRSIS Health Care's Altman Z-Score is -26.42.
(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Competitive Comparison
For the Medical Care Facilities subindustry, JRSIS Health Care'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.
JRSIS Health Care Financial Strength Distribution
For the Healthcare Providers & Services industry and Healthcare sector, JRSIS Health Care's Financial Strength distribution charts can be found below:
* The bar in red indicates where JRSIS Health Care's Financial Strength falls into.
JRSIS Health Care 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:
JRSIS Health Care's Interest Expense for the
months ended in Sep. 2023 was $0.00 Mil. Its Operating Income for the
months ended in Sep. 2023 was $-0.12 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil.
JRSIS Health Care's Interest Coverage for the quarter that ended in Sep. 2023 is
| JRSIS Health Care had no long-term debt (1). |
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
JRSIS Health Care'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.
JRSIS Health Care has a Z-score of -26.42, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of -26.42 is in distress zone. This implies bankruptcy 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.
JRSIS Health Care (JRSIS Health Care) Business Description
Traded in Other Exchanges
N/A
Address
No. 19 Chang Yi Road, 3rd Floor, Building A, De Run Yuan, Chang Ming Shui, Wu Gui Shan, Zhongshan, CHN, 528458
JRSIS Health Care Corp is engaged in operating Jiarun Hospital, a private hospital with nearly 950 open beds. The Jiarun Hospital services in the areas of pediatrics, dermatology, ears, nose, and throat (ent), traditional Chinese medicine (TCM), ophthalmology, internal medicine dentistry, general surgery, rehabilitation science, gynecology, general medical services, and others. It also offers patient care and the sale of medicine in the areas of both Western and Chinese medical practices to the residents of Harbin.
Executives
| Zhuowei Zhong |
director, 10 percent owner, officer: President |
5 JUMEI BIG STREET, XIAOLAN TOWN, ZHONGSHAN CITY, GUANGDONG PROVINCE F4 528415 |
| Zhifei Huang |
director, officer: Chief Executive Officer |
3 FIVE ALLEY, DITANGKOU, PINGWANGGANGXIE, DATANG TOWN, SANSHUI DISTRICT, FOSHAN, GUANGDONG PROVINCE F4 528143 |
| Zhuowen Chen |
director, officer: Chief Financial Officer |
401 BUILDING 23, JIANGPAN NEW RESIDENTIAL QUARTERS, ZHONGSHAN CITY, GUANGDONG PROV F4 528401 |
| Lihua Sun |
director, officer: Chief Executive Officer |
1ST-7TH FLOOR,IND & COMM BANK BLDG,, XINGFU ST, HULAN TOWN, HULAN DISTRICT, HARBIN F4 150599 |
| Junsheng Zhang |
director, 10 percent owner, officer: President and Chm of the Board |
1ST-7TH FLOOR,IND & COMM BANK BLDG,, XINGFU ST, HULAN TOWN, HULAN DISTRICT, HARBIN F4 150599 |
| Xuewei Zhang |
director, officer: Chief Financial Officer |
1ST-7TH FL, IND & COMM BANK BLDG., XINGFU ST, HULAN TOWN, HULAN DISTRICT, HARBIN F4 150599 |
| Yanhui Xing |
director |
A204, BLOCK 1, ZHUJIANG XUJING GARDEN, BANXUEGANG RD, LONGGANG DISTRICT, SHENZHEN F4 518000 |
JRSIS Health Care (JRSIS Health Care) Headlines
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