What is Anhui Gujing Distillery Co Financial Strength?
Anhui Gujing Distillery Co has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
Anhui Gujing Distillery Co Ltd shows strong financial strength.
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.
Anhui Gujing Distillery Co's Interest Coverage for the quarter that ended in Sep. 2023 was 1,453.16.
Anhui Gujing Distillery Co's debt to revenue ratio for the quarter that ended in Sep. 2023 was 0.01.
As of today, Anhui Gujing Distillery Co's Altman Z-Score is 7.55.
Competitive Comparison of Anhui Gujing Distillery Co's Financial Strength
For the Beverages - Wineries & Distilleries subindustry, Anhui Gujing Distillery 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.
Anhui Gujing Distillery Co's Financial Strength Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Anhui Gujing Distillery Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where Anhui Gujing Distillery Co's Financial Strength falls into.
Anhui Gujing Distillery 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:
Anhui Gujing Distillery Co's Interest Expense for the
months ended in Sep. 2023 was ¥-1 Mil. Its Operating Income for the
months ended in Sep. 2023 was ¥1,389 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥185 Mil.
Anhui Gujing Distillery Co's Interest Coverage for the quarter that ended in Sep. 2023 is
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Anhui Gujing Distillery Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
Anhui Gujing Distillery Co'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.
Anhui Gujing Distillery Co has a Z-score of 7.55, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 7.55 is strong.
* 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.
Anhui Gujing Distillery Co (SZSE:000596) Business Description
Traded in Other Exchanges
Address
Gujing Town, Anhui Province, Bozhou, CHN, 236820
Anhui Gujing is one of the eight most famous baijiu brands in China and the largest baijiu distiller in Anhui province by sales in 2022. The company produces rich-flavored baijiu, with a colorful brand story tracing back 1,800 years to the Three Kingdoms period. Gujing is one of the leading players in the midrange to high-end market and enjoys high retail prices and profit margins, with its flagship Gujing Year Puree series contributing 70%-75% of total sales. The State-Owned Assets Supervision and Administration Commission of Bozhou controls 28% of Gujing.
Anhui Gujing Distillery Co (SZSE:000596) Headlines
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