Xinyi Glass Holdings Stock Probability Of Bankruptcy

XYIGF Stock  USD 1.03  0.07  6.36%   
Xinyi Glass' odds of distress is below 50% at the present time. It has small probability of experiencing financial hardship in the next few years. Xinyi Glass' Chance of financial distress is determined by interpolating and adjusting Xinyi Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Xinyi balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xinyi Glass Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
  

Xinyi Glass Holdings Company chance of financial distress Analysis

Xinyi Glass' 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

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Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Xinyi Glass Probability Of Bankruptcy

    
  Less than 44%  
Most of Xinyi Glass' 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, Xinyi Glass Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Xinyi Glass 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 Xinyi Glass 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 Xinyi Glass Holdings financial health.
Please note, there is a significant difference between Xinyi Glass' value and its price as these two are different measures arrived at by different means. Investors typically determine if Xinyi Glass is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xinyi Glass' 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, Xinyi Glass Holdings has a Probability Of Bankruptcy of 44.0%. This indicator is about the same for the Basic Materials average (which is currently at 44.34) sector and 5.04% higher than that of the Building Materials industry. The probability of bankruptcy for all United States stocks is 10.47% lower than that of the firm.

Xinyi Probability Of Bankruptcy Peer Comparison

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

Xinyi Fundamentals

About Xinyi Glass Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Xinyi Glass Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Xinyi Glass using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Xinyi Glass Holdings 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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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.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xinyi Glass Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Xinyi Glass Holdings information on this page should be used as a complementary analysis to other Xinyi Glass' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Complementary Tools for Xinyi Pink Sheet analysis

When running Xinyi Glass' price analysis, check to measure Xinyi Glass' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Xinyi Glass is operating at the current time. Most of Xinyi Glass' value examination focuses on studying past and present price action to predict the probability of Xinyi Glass' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xinyi Glass' price. Additionally, you may evaluate how the addition of Xinyi Glass to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Xinyi Glass' value and its price as these two are different measures arrived at by different means. Investors typically determine if Xinyi Glass is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xinyi Glass' 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.