| 300605 Stock | | | 14.21 0.63 4.25% |
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 HengFeng Information Technology. 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.
At present, HengFeng Information's
Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's
Capital Expenditures is expected to grow to about 70.9
M, whereas
Net Invested Capital is forecasted to decline to about 693.5
M. At present, HengFeng Information's
Interest Income is projected to increase significantly based on the last few years of reporting. The current year's
Interest Expense is expected to grow to about 16.6
M, whereas
Tax Provision is forecasted to decline to about 586.1
K.
HengFeng Information Technology Company Z Score Analysis
HengFeng Information'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..
| 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.
In accordance with the company's disclosures, HengFeng Information Technology has a Z Score of 0.0. This is 100.0% lower than that of the IT Services sector and 100.0% lower than that of the
Information Technology industry. The z score for all China stocks is 100.0% higher than that of the company.
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HengFeng Fundamentals
About HengFeng Information Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze HengFeng Information Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of HengFeng Information using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of HengFeng Information 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.
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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 HengFeng Stock
HengFeng Information financial ratios help investors to determine whether HengFeng 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 HengFeng with respect to the benefits of owning HengFeng Information security.