What is Jiumaojiu International Holdings Financial Strength?
Jiumaojiu International Holdings has the Financial Strength Rank of 6.
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.
Jiumaojiu International Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 6.62.
Jiumaojiu International Holdings's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.37.
As of today, Jiumaojiu International Holdings's Altman Z-Score is 2.88.
Competitive Comparison of Jiumaojiu International Holdings's Financial Strength
For the Restaurants subindustry, Jiumaojiu International 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.
Jiumaojiu International Holdings's Financial Strength Distribution in the Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Jiumaojiu International Holdings's Financial Strength distribution charts can be found below:
* The bar in red indicates where Jiumaojiu International Holdings's Financial Strength falls into.
Jiumaojiu International 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:
Jiumaojiu International Holdings's Interest Expense for the
months ended in Dec. 2023 was HK$-55 Mil. Its Operating Income for the
months ended in Dec. 2023 was HK$364 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,859 Mil.
Jiumaojiu International Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Jiumaojiu International Holdings's Debt to Revenue Ratio for the quarter that ended in Dec. 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.
Jiumaojiu International Holdings has a Z-score of 2.88, indicating it is in Grey Zones. This implies that Jiumaojiu International 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 2.88 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.
Jiumaojiu International Holdings (HKSE:09922) Business Description
Traded in Other Exchanges
Address
1 Mingzhuyi Street, Room 404-A197, Hengli Town, Nansha District, Guangzhou, CHN
Jiumaojiu International is a Chinese multibrand restaurant operator. The firm generates most of its revenue from Tai Er, a restaurant chain that is known for its sauerkraut fish (steamed fish smothered in pickled cabbage). Established in 2015, Tai Er is immensely popular, with over 400 outlets in China, and is frequented particularly by the post-1990s generation.Other key concepts include the namesake concept Jiu Mao Jiu (nearly 80 units) and a newly created restaurant concept Song Hot Pot (almost 30 outlets), but the company's portfolio also includes other brands such as Uncle Chef (Cantonese cuisine) and Lai Mei Li (Chinese grilled fish). All of Jiumaojiu's restaurants are company-owned, as the firm is focusing more on the quality of its restaurants over quantity.
Executives
Jiumaojiu International Holdings (HKSE:09922) Headlines
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