Sichuan Jinshi Technology Stock Probability Of Bankruptcy
| 002951 Stock | 7.59 0.06 0.80% |
Sichuan | Probability Of Bankruptcy |
Sichuan Jinshi Technology Company chance of distress Analysis
Sichuan Jinshi'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.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Sichuan Jinshi Probability Of Bankruptcy | Less than 17% |
Most of Sichuan Jinshi'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, Sichuan Jinshi Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Sichuan Jinshi 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 Sichuan Jinshi 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 Sichuan Jinshi Technology financial health.
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, Sichuan Jinshi Technology has a Probability Of Bankruptcy of 17.0%. This is 58.93% lower than that of the Containers & Packaging sector and 68.06% lower than that of the Materials industry. The probability of bankruptcy for all China stocks is 57.32% higher than that of the company.
Sichuan Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sichuan Jinshi'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 Sichuan Jinshi could also be used in its relative valuation, which is a method of valuing Sichuan Jinshi by comparing valuation metrics of similar companies.Sichuan Jinshi is currently under evaluation in probability of bankruptcy category among its peers.
Sichuan Jinshi Main Bankruptcy Drivers
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Current Liabilities | 194.6M | 267.3M | 129.8M | 76.2M | 135.4M | 172.6M | |
| Non Current Liabilities Total | 3.9M | 6.4M | 40.6M | 148.9M | 133.5M | 140.1M | |
| Total Assets | 1.5B | 1.7B | 1.8B | 2.0B | 2.3B | 1.7B | |
| Total Current Assets | 892.1M | 722.0M | 604.1M | 394.5M | 862.2M | 727.0M | |
| Total Cash From Operating Activities | 313.0M | 265.4M | 142.5M | 28.3M | (24.7M) | (23.5M) |
Sichuan Fundamentals
| Return On Equity | -0.0397 | ||||
| Return On Asset | -0.0205 | ||||
| Profit Margin | (1.08) % | ||||
| Operating Margin | (0.81) % | ||||
| Current Valuation | 2.64 B | ||||
| Shares Outstanding | 405 M | ||||
| Shares Owned By Insiders | 86.93 % | ||||
| Price To Book | 1.68 X | ||||
| Price To Sales | 48.66 X | ||||
| Revenue | 33.91 M | ||||
| Gross Profit | 41.52 M | ||||
| EBITDA | (60.88 M) | ||||
| Net Income | (44.57 M) | ||||
| Total Debt | 268.81 M | ||||
| Book Value Per Share | 4.59 X | ||||
| Cash Flow From Operations | (24.73 M) | ||||
| Earnings Per Share | (0.17) X | ||||
| Number Of Employees | 96 | ||||
| Beta | 0.26 | ||||
| Market Capitalization | 3.05 B | ||||
| Total Asset | 2.31 B | ||||
| Retained Earnings | 607.58 M | ||||
| Working Capital | 726.86 M | ||||
| Annual Yield | 0.07 % | ||||
| Net Asset | 2.31 B | ||||
| Last Dividend Paid | 0.5 |
About Sichuan Jinshi Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sichuan Jinshi Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sichuan Jinshi using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sichuan Jinshi Technology 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Sichuan Stock
Sichuan Jinshi financial ratios help investors to determine whether Sichuan 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 Sichuan with respect to the benefits of owning Sichuan Jinshi security.