What is Sany Heavy Equipment International Holdings Co Financial Strength?
Sany Heavy Equipment International Holdings Co 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.
GuruFocus does not calculate Sany Heavy Equipment International Holdings Co's interest coverage with the available data.
Sany Heavy Equipment International Holdings Co's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.23.
As of today, Sany Heavy Equipment International Holdings Co's Altman Z-Score is 1.81.
Competitive Comparison of Sany Heavy Equipment International Holdings Co's Financial Strength
For the Farm & Heavy Construction Machinery subindustry, Sany Heavy Equipment International Holdings 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.
Sany Heavy Equipment International Holdings Co's Financial Strength Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Sany Heavy Equipment International Holdings Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where Sany Heavy Equipment International Holdings Co's Financial Strength falls into.
Sany Heavy Equipment International Holdings 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:
Sany Heavy Equipment International Holdings Co's Interest Expense for the
months ended in Dec. 2023 was HK$0 Mil. Its Operating Income for the
months ended in Dec. 2023 was HK$0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$5,751 Mil.
Sany Heavy Equipment International Holdings Co'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.
Sany Heavy Equipment International Holdings Co'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.
Sany Heavy Equipment International Holdings Co has a Z-score of 1.81, indicating it is in Grey Zones. This implies that Sany Heavy Equipment International Holdings 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 1.81 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.
Sany Heavy Equipment International Holdings Co (HKSE:00631) Business Description
Traded in Other Exchanges
Address
No. 25, 16 Kaifa Road, Economic and Technological Development Area, Liaoning Province, Shenyang, CHN, 110000
Sany Heavy Equipment International Holdings Company Limited is a China-based investment holding company. The Company mainly conducts its businesses through two segments. The Mining Equipment segment is mainly engaged in the production and sales of coal machinery, non-coal mining, mining vehicles, robots and smart mining products and accessories, as well as the provision of related services. The Logistics Equipment segment is mainly engaged in the production and sales of container equipment, bulk material equipment, general equipment and accessories and the provision of related services. The Company conducts its businesses in the domestic market and overseas markets.
Sany Heavy Equipment International Holdings Co (HKSE:00631) Headlines
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