Xinjiang Z Score

XJNGF -  USA Stock  

USD 2.06  0.06  3.00%

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 Xinjiang Goldwind Piotroski F Score and Xinjiang Goldwind Valuation analysis.

Xinjiang Z Score 

 
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Xinjiang Z Score Analysis

Xinjiang Goldwind'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 Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score 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 high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

As per the company's disclosures, Xinjiang Goldwind SC has a Z Score of 0.0. This is 100.0% lower than that of the Industrials sector and about the same as Specialty Industrial Machinery (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

Xinjiang Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Xinjiang Goldwind's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Xinjiang Goldwind could also be used in its relative valuation, which is a method of valuing Xinjiang Goldwind by comparing valuation metrics of similar companies.
Xinjiang Goldwind is currently under evaluation in z score category among related companies.

Xinjiang Fundamentals

About Xinjiang Goldwind Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Xinjiang Goldwind SC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Xinjiang Goldwind using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Xinjiang Goldwind SC 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.
Xinjiang Goldwind Science Technology Co., Ltd., together with its subsidiaries, provides wind power solutions in China and internationally. Xinjiang Goldwind Science Technology Co., Ltd. was founded in 1998 and is headquartered in Urumqi, China. Xinjiang Goldwind operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 8956 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Xinjiang Goldwind without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Check out Xinjiang Goldwind Piotroski F Score and Xinjiang Goldwind Valuation analysis. Note that the Xinjiang Goldwind information on this page should be used as a complementary analysis to other Xinjiang Goldwind's 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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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Is Xinjiang Goldwind's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Xinjiang Goldwind. If investors know Xinjiang will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Xinjiang Goldwind listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Xinjiang Goldwind is measured differently than its book value, which is the value of Xinjiang that is recorded on the company's balance sheet. Investors also form their own opinion of Xinjiang Goldwind's value that differs from its market value or its book value, called intrinsic value, which is Xinjiang Goldwind's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Xinjiang Goldwind's market value can be influenced by many factors that don't directly affect Xinjiang Goldwind's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Xinjiang Goldwind's value and its price as these two are different measures arrived at by different means. Investors typically determine Xinjiang Goldwind value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xinjiang Goldwind'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.