What is Wens Foodstuff Group Co Financial Strength?
Wens Foodstuff Group Co has the Financial Strength Rank of 4.
Warning Sign:
Wens Foodstuff Group Co Ltd displays poor financial strength. Usually, this is caused by too much debt for the company.
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.
Wens Foodstuff Group Co's Interest Coverage for the quarter that ended in Sep. 2023 was 1.72.
Wens Foodstuff Group Co's debt to revenue ratio for the quarter that ended in Sep. 2023 was 0.36.
As of today, Wens Foodstuff Group Co's Altman Z-Score is 2.63.
Competitive Comparison of Wens Foodstuff Group Co's Financial Strength
For the Farm Products subindustry, Wens Foodstuff 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.
Wens Foodstuff Group Co's Financial Strength Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Wens Foodstuff Group Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where Wens Foodstuff Group Co's Financial Strength falls into.
Wens Foodstuff 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:
Wens Foodstuff Group Co's Interest Expense for the
months ended in Sep. 2023 was ¥-320 Mil. Its Operating Income for the
months ended in Sep. 2023 was ¥552 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥24,133 Mil.
Wens Foodstuff Group Co's Interest Coverage for the quarter that ended in Sep. 2023 is
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Wens Foodstuff Group Co Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.
2. Debt to revenue ratio. The lower, the better.
Wens Foodstuff Group Co'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.
Wens Foodstuff Group Co has a Z-score of 2.63, indicating it is in Grey Zones. This implies that Wens Foodstuff Group Co 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 2.63 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.
Wens Foodstuff Group Co (SZSE:300498) Business Description
Traded in Other Exchanges
N/A
Address
No. 9, Dongdi North Road, Xincheng Town, Xinxing County, Guangdong Province, Yunfu, CHN, 527400
Wens Foodstuff Group Co Ltd operates as a livestock and poultry farming company in China. The company offers fresh meat products and processed products, including chicken, pig, duck, milk, egg, cooked chicken, deep-sea fish, sheep, pigeons, and other products. It also provides raw milk; and finished milk, such as pasteurized milk, fermented milk, sterilized milk, milk-containing beverages, and other various categories of products.
Wens Foodstuff Group Co (SZSE:300498) Headlines
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