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Sichuan Fulin Transportation Group Co (SZSE:002357) Financial Strength : 4 (As of Mar. 2024)


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What is Sichuan Fulin Transportation Group Co Financial Strength?

Sichuan Fulin Transportation Group Co has the Financial Strength Rank of 4.

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.

Sichuan Fulin Transportation Group Co's Interest Coverage for the quarter that ended in Mar. 2024 was 1.79. Sichuan Fulin Transportation Group Co's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.66. As of today, Sichuan Fulin Transportation Group Co's Altman Z-Score is 1.58.


Competitive Comparison of Sichuan Fulin Transportation Group Co's Financial Strength

For the Railroads subindustry, Sichuan Fulin Transportation 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.


Sichuan Fulin Transportation Group Co's Financial Strength Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sichuan Fulin Transportation Group Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Sichuan Fulin Transportation Group Co's Financial Strength falls into.



Sichuan Fulin Transportation 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:

Sichuan Fulin Transportation Group Co's Interest Expense for the months ended in Mar. 2024 was ¥-7.4 Mil. Its Operating Income for the months ended in Mar. 2024 was ¥13.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥50.7 Mil.

Sichuan Fulin Transportation Group Co's Interest Coverage for the quarter that ended in Mar. 2024 is

Interest Coverage=-1*Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*13.176/-7.372
=1.79

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Sichuan Fulin Transportation Group Co's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(504.855 + 50.725) / 847.364
=0.66

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.

Sichuan Fulin Transportation Group Co has a Z-score of 1.58, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.58 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.


Sichuan Fulin Transportation Group Co  (SZSE:002357) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Sichuan Fulin Transportation Group Co has the Financial Strength Rank of 4.


Sichuan Fulin Transportation Group Co Financial Strength Related Terms

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Sichuan Fulin Transportation Group Co (SZSE:002357) Business Description

Traded in Other Exchanges
N/A
Address
No. 239, Guangfu Road, Building 29, Area N, Qingyang District, Chengdu, CHN, 610091
Sichuan Fulin Transportation Group Co Ltd is a China-based company engaged in passenger and freight transport. It also offers related extended services such as passenger and freight transportation services, charter services, a sale of petroleum products, road passenger transportation, and taxi management, urban bus operation, vehicle maintenance, vehicle inspection, driving and training services, and insurance concurrent agency.
Executives
Lu Qi Yong Director
Tang Shan Lian Supervisors
Cai Liang Fa Directors, executives
Ceng Gang Directors, executives
Wang Zhi Directors, executives
Liu Jie Fang Executives
Hou Lian Yu Director
Chen Shu Guang Director
Jiang Ming Directors, executives

Sichuan Fulin Transportation Group Co (SZSE:002357) Headlines

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