Tengda Construction Group Stock Probability Of Bankruptcy

600512 Stock   2.33  0.04  1.69%   
Tengda Construction's risk of distress is over 60% at the present time. It has an above-average likelihood of going through some form of financial distress in the next 2 years. Chance of distress shows the probability of financial torment over the next two years of operations under current economic and market conditions. All items used in analyzing the odds of distress are taken from the Tengda balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tengda Construction Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  

Tengda Construction Group Company chance of distress Analysis

Tengda Construction's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

 = 

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Tengda Construction Probability Of Bankruptcy

    
  Over 68%  
Most of Tengda Construction's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tengda Construction Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Tengda Construction probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Tengda Construction odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Tengda Construction Group financial health.
Please note, there is a significant difference between Tengda Construction's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tengda Construction is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tengda Construction's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Competition

Based on the latest financial disclosure, Tengda Construction Group has a Probability Of Bankruptcy of 68%. This is 59.7% higher than that of the Construction & Engineering sector and 101.66% higher than that of the Industrials industry. The probability of bankruptcy for all China stocks is 70.73% lower than that of the firm.

Tengda Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tengda Construction's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tengda Construction could also be used in its relative valuation, which is a method of valuing Tengda Construction by comparing valuation metrics of similar companies.
Tengda Construction is currently under evaluation in probability of bankruptcy category among its peers.

Tengda Construction Main Bankruptcy Drivers

202020212022202320242025 (projected)
Total Current Liabilities5.2B5.1B4.9B5.0B5.8B6.0B
Non Current Liabilities Total597.8M507.8M398.6M2.5M2.2M2.1M
Total Assets10.9B11.6B11.3B11.1B12.8B13.5B
Total Current Assets8.1B8.4B8.1B8.0B9.2B8.1B
Total Cash From Operating Activities454.4M731.5M285.2M(185.2M)(213.0M)(202.3M)

Tengda Fundamentals

Return On Equity0.0055
Return On Asset-0.0029
Profit Margin0.01 %
Operating Margin(0.01) %
Current Valuation1.53 B
Shares Outstanding1.6 B
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-20%-15%-10%-5%
Shares Owned By Insiders22.44 %
Shares Owned By Institutions3.25 %
Price To Book0.59 X
Price To Sales0.99 X
Revenue4.06 B
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31200%400%600%800%1,000%1,200%1,400%
Gross Profit377.47 M
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31100%200%300%400%
EBITDA58.56 M
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-50%0%50%100%150%200%
Net Income47.07 M
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-310%500%1,000%1,500%2,000%2,500%3,000%
Total Debt4 M
Book Value Per Share3.95 X
Cash Flow From Operations(185.21 M)
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-310%5,000%10,000%15,000%
Earnings Per Share0.04 X
Target Price6.72
Number Of Employees3.48 K
Beta0.27
Market Capitalization3.76 B
Total Asset11.14 B
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31500%1,000%1,500%2,000%2,500%3,000%
Retained Earnings1.94 B
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312,000%4,000%6,000%8,000%10,000%12,000%
Working Capital2.97 B
Net Asset11.14 B

About Tengda Construction Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tengda Construction Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tengda Construction using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tengda Construction Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

Other Information on Investing in Tengda Stock

Tengda Construction financial ratios help investors to determine whether Tengda Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tengda with respect to the benefits of owning Tengda Construction security.


 

Discover investing ideas

Utilize additional investing modules

News Freq…Investor S…