Hebei Jinniu Chemical Stock Z Score

600722 Stock   5.73  0.14  2.39%   
Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in HeBei Jinniu Chemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
  
At present, HeBei Jinniu's Capital Lease Obligations is projected to decrease significantly based on the last few years of reporting. The current year's Change In Working Capital is expected to grow to about 90.5 M, whereas Net Invested Capital is forecasted to decline to about 1.1 B. At present, HeBei Jinniu's Total Revenue is projected to decrease significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 65.3 M, whereas Selling General Administrative is forecasted to decline to about 5.9 M.

HeBei Jinniu Chemical Company Z Score Analysis

HeBei Jinniu's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

 = 

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

 = 

1.2 * (

Working Capital

/

Total Assets )

Second Factor

 = 

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

 = 

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

 = 

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

 = 

0.99 * (

Revenue

/

Total Assets )

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Competition

In accordance with the company's disclosures, HeBei Jinniu Chemical has a Z Score of 0.0. This is 100.0% lower than that of the Chemicals sector and about the same as Materials (which currently averages 0.0) industry. The z score for all China stocks is 100.0% higher than that of the company.

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HeBei Fundamentals

Return On Equity0.0655
Return On Asset0.0294
Profit Margin0.09 %
Operating Margin0.16 %
Current Valuation2.79 B
Shares Outstanding680.32 M
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Shares Owned By Insiders59.08 %
Shares Owned By Institutions0.01 %
Price To Book3.29 X
Price To Sales7.64 X
Revenue511.35 M
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Gross Profit104.13 M
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EBITDA85.52 M
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Net Income33.58 M
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Total Debt138.87 M
Book Value Per Share1.74 X
Cash Flow From Operations162.31 M
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Earnings Per Share0.06 X
Number Of Employees185
Beta0.64
Market Capitalization3.9 B
Total Asset1.43 B
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-40%-20%0%20%
Retained Earnings(1.27 B)
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-700%-600%-500%-400%-300%-200%-100%
Working Capital933.97 M
Net Asset1.43 B

About HeBei Jinniu Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze HeBei Jinniu Chemical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of HeBei Jinniu using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of HeBei Jinniu Chemical 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.

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HeBei Jinniu financial ratios help investors to determine whether HeBei 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 HeBei with respect to the benefits of owning HeBei Jinniu security.