What is Hao Tian International Construction Investment Group Financial Strength?
Hao Tian International Construction Investment Group 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.
Hao Tian International Construction Investment Group did not have earnings to cover the interest expense.
Hao Tian International Construction Investment Group's debt to revenue ratio for the quarter that ended in Sep. 2023 was 2.43.
As of today, Hao Tian International Construction Investment Group's Altman Z-Score is 2.94.
Competitive Comparison of Hao Tian International Construction Investment Group's Financial Strength
For the Rental & Leasing Services subindustry, Hao Tian International Construction Investment Group'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.
Hao Tian International Construction Investment Group's Financial Strength Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Hao Tian International Construction Investment Group's Financial Strength distribution charts can be found below:
* The bar in red indicates where Hao Tian International Construction Investment Group's Financial Strength falls into.
Hao Tian International Construction Investment Group 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:
Hao Tian International Construction Investment Group's Interest Expense for the
months ended in Sep. 2023 was HK$-9.0 Mil. Its Operating Income for the
months ended in Sep. 2023 was HK$-1.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$41.0 Mil.
Hao Tian International Construction Investment Group's Interest Coverage for the quarter that ended in Sep. 2023 is
| Hao Tian International Construction Investment Group did not have earnings to cover the interest expense. |
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Hao Tian International Construction Investment Group'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.
Hao Tian International Construction Investment Group has a Z-score of 2.94, indicating it is in Grey Zones. This implies that Hao Tian International Construction Investment Group 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 2.94 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.
Hao Tian International Construction Investment Group (HKSE:01341) Business Description
Traded in Other Exchanges
Address
6-8 Harbour Road, Rooms 2510-2518, 25th Floor, Shui On Centre, Wanchai, Hong Kong, HKG
Hao Tian International Construction Investment Group Ltd is an investment holding company. The company's operating segment includes the Rental and sale of construction machinery and spare parts business which generates majority revenue to the business; Provision of repair and maintenance and transportation service business; Money lending business; Provision of asset management, securities brokerage, commodities, futures, and other financial services business and Property development business. The company operates in Hong Kong, The People's Republic of China, Macau, and Cambodia geographically.
Hao Tian International Construction Investment Group (HKSE:01341) Headlines
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