What is Shenzhen CDL Precision Technology Co Financial Strength?
Shenzhen CDL Precision Technology 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.
Shenzhen CDL Precision Technology Co did not have earnings to cover the interest expense.
Shenzhen CDL Precision Technology Co's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.44.
As of today, Shenzhen CDL Precision Technology Co's Altman Z-Score is 1.39.
Competitive Comparison of Shenzhen CDL Precision Technology Co's Financial Strength
For the Electronic Components subindustry, Shenzhen CDL Precision 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.
Shenzhen CDL Precision Technology Co's Financial Strength Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Shenzhen CDL Precision Technology Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where Shenzhen CDL Precision Technology Co's Financial Strength falls into.
Shenzhen CDL Precision 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:
Shenzhen CDL Precision Technology Co's Interest Expense for the
months ended in Mar. 2024 was ¥-4 Mil. Its Operating Income for the
months ended in Mar. 2024 was ¥-29 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥90 Mil.
Shenzhen CDL Precision Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 is
| Shenzhen CDL Precision Technology Co 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.
Shenzhen CDL Precision Technology Co's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 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.
Shenzhen CDL Precision Technology Co has a Z-score of 1.39, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 1.39 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.
Shenzhen CDL Precision Technology Co (SZSE:300686) Business Description
Traded in Other Exchanges
N/A
Address
Tianxin Community Jintian Road, Pingshan New District, Shenzhen, CHN, 518118
Shenzhen CDL Precision Technology Co Ltd is engaged in providing external and internal functional devices products for the well-known brand mobile phone, electronic digital products. It mainly produces a functional device for the consumer electronics product, smartphones, tablets and other consumer electronics products. Its Internal functional devices mainly include paste, fixed function devices, buffer, sealing device, conductive and shielding function devices, insulation function devices, thermal conductivity, heat dissipation function devices, strengthening and maintaining strong function devices. Its External functional devices mainly include protective film, dust-proof net, labels, packing box.
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