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Beijing Oriental Yuhong Waterproof Technology Co (SZSE:002271) Financial Strength : 7 (As of Mar. 2024)


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What is Beijing Oriental Yuhong Waterproof Technology Co Financial Strength?

Beijing Oriental Yuhong Waterproof Technology Co has the Financial Strength Rank of 7.

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.

Beijing Oriental Yuhong Waterproof Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 was 23.95. Beijing Oriental Yuhong Waterproof Technology Co's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.20. As of today, Beijing Oriental Yuhong Waterproof Technology Co's Altman Z-Score is 2.82.


Competitive Comparison of Beijing Oriental Yuhong Waterproof Technology Co's Financial Strength

For the Building Products & Equipment subindustry, Beijing Oriental Yuhong Waterproof Technology 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.


Beijing Oriental Yuhong Waterproof Technology Co's Financial Strength Distribution in the Construction Industry

For the Construction industry and Industrials sector, Beijing Oriental Yuhong Waterproof Technology Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Beijing Oriental Yuhong Waterproof Technology Co's Financial Strength falls into.



Beijing Oriental Yuhong Waterproof Technology 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:

Beijing Oriental Yuhong Waterproof Technology Co's Interest Expense for the months ended in Mar. 2024 was ¥-29 Mil. Its Operating Income for the months ended in Mar. 2024 was ¥698 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,422 Mil.

Beijing Oriental Yuhong Waterproof Technology 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*698.172/-29.15
=23.95

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

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

Beijing Oriental Yuhong Waterproof Technology 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
=(4294.044 + 1421.913) / 28597.172
=0.20

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.

Beijing Oriental Yuhong Waterproof Technology Co has a Z-score of 2.82, indicating it is in Grey Zones. This implies that Beijing Oriental Yuhong Waterproof Technology 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 2.82 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.


Beijing Oriental Yuhong Waterproof Technology Co  (SZSE:002271) 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.

Beijing Oriental Yuhong Waterproof Technology Co has the Financial Strength Rank of 7.


Beijing Oriental Yuhong Waterproof Technology Co Financial Strength Related Terms

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Beijing Oriental Yuhong Waterproof Technology Co (SZSE:002271) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Shunping Road, Shaling Section, Shunyi District, Beijing, CHN, 100123
Beijing Oriental Yuhong Waterproof Technology Co Ltd is engaged in the research and production of waterproofing solution systems. The company offers bituminous and SAM self-adhesive waterproof sheet materials; synthetic macromolecule sheet materials; waterproof coatings; and rigid waterproof, system support, and sealing materials. The solutions are offered to construction projects, industrial buildings, civil buildings and commercial buildings. Oriental Yuhong has also invested in many other fields such as non-woven fabrics, building energy efficiency, mortar, and energy and chemical industry. Geographically the activities are carried out through China.

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