CHHGF (Chen Hsong Holdings) Altman Z2-Score: 7.07 (As of Aug. 06, 2026) — Near Median

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CHHGF Chen Hsong Holdings Ltd CHHGF
73 GF Score
Price $0.23
GF Value $0.24
! 6 Warning Signs
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What is Chen Hsong Holdings Altman Z2-Score?

Chen Hsong Holdings CHHGF 73 Altman Z2-Score is 7.07 as of Aug. 06, 2026, which is 4% below its 10-year median of 7.39. GuruFocus rates CHHGF with a GF Score™ of 73/100 and a GF Value™ of $0.24. The stock has 6 warning signs investors should review. Among 2,988 Industrial Products companies, Chen Hsong Holdings ranks better than 76.94% on this metric.

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Good Sign:

Chen Hsong Holdings has a Altman Z2-Score of 7.07, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.

The zones of discrimination were as such:

When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.

The historical rank and industry rank for Chen Hsong Holdings's Altman Z2-Score or its related term are showing as below:

CHHGF' s Altman Z2-Score Range Over the Past 10 Years
Min: 5.76   Med: 7.39   Max: 7.97
Current: 7.07

During the past 13 years, Chen Hsong Holdings's highest Altman Z2-Score was 7.97. The lowest was 5.76. And the median was 7.39.


Chen Hsong Holdings  (OTCPK:CHHGF) Altman Z2-Score Explanation

The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4_2, Net Worth (Total Stockholders Equity - Preferred Stock)/Total Liabilities (NW/TL): it compares a company’s stock net worth with its total liabilities and can be used to assess the extent of its reliance on debt.

Read more about Altman Z2-Score, the original research on Z-Score and the additional research on Z2-Score.


Be Aware

Altman Z2-Score does not apply to financial companies.


Chen Hsong Holdings Altman Z2-Score Related Terms


Chen Hsong Holdings Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Chen Hsong Holdings's Altman Z2-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Chen Hsong Holdings Altman Z2-Score Chart

Chen Hsong Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.66 7.96 7.97 7.46 7.07

Chen Hsong Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Altman Z2-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.97 0.00 7.46 0.00 7.07

CHHGF vs GEV, ETN, PH: Altman Z2-Score Comparison

For the Specialty Industrial Machinery subindustry, Chen Hsong Holdings's Altman Z2-Score, along with its competitors' market caps and Altman Z2-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Chen Hsong Holdings Altman Z2-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chen Hsong Holdings's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Chen Hsong Holdings's Altman Z2-Score falls into.


CHHGF
73GF Score
Chen Hsong Holdings Ltd CHHGF
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Chen Hsong Holdings Altman Z2-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.

Chen Hsong Holdings's Altman Z2-Score for today is calculated with this formula:

Z=6.56*X1+3.26*X2+6.72*X3+1.05*X4_2
=6.56*0.4413+3.26*0.4736+6.72*0.0306+1.05*2.3058
=7.07

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency. GuruFocus does not calculate Altman Z2-Score when X4_2 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was $594.1 Mil.
Total Current Assets was $428.2 Mil.
Total Current Liabilities was $166.0 Mil.
Retained Earnings was $281.3 Mil.
Pre-Tax Income was $17.7 Mil.
Interest Expense was $-0.5 Mil.
Total Liabilities was $179.6 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(428.193 - 165.997)/594.08
=0.4413

X2=Retained Earnings/Total Assets
=281.349/594.08
=0.4736

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(17.705 - -0.451)/594.08
=0.0306

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(414.096 - 0)/179.585
=2.3058

The zones of discrimination were as such:

Distress Zones - 1.1 < Grey Zones < 2.6 - Safe Zones

Chen Hsong Holdings has a Altman Z2-Score of 7.07 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 7.07 mean?
Chen Hsong Holdings (CHHGF) has a Altman Z2-Score of 7.07 as of Aug. 06, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Chen Hsong Holdings and its competitors. This is near median its historical median of 7.39. Over the past decade, Chen Hsong Holdings' Altman Z2-Score has ranged from 5.76 to 7.97. According to the industry distribution chart, Chen Hsong Holdings ranks #689 out of 2988 companies in the Industrial Products industry, placing it in the top 23.1%.
Is Chen Hsong Holdings' Altman Z2-Score too high?
Chen Hsong Holdings' current Altman Z2-Score of 7.07 is near median its 10-year median of 7.39. Over the past 10 years, this metric has ranged from a low of 5.76 to a high of 7.97. The Industrial Products industry median Altman Z2-Score is 4.24. Chen Hsong Holdings' value of 7.07 is 66.7% above this industry median. Based on the distribution chart, Chen Hsong Holdings ranks #689 out of 2988 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Chen Hsong Holdings has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Chen Hsong Holdings' Altman Z2-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Chen Hsong Holdings ranks #689 out of 2988 companies for Altman Z2-Score. This places Chen Hsong Holdings in the top 23% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 4.24. Chen Hsong Holdings' value of 7.07 is 66.7% above this benchmark. Historically, Chen Hsong Holdings' own Altman Z2-Score has ranged from 5.76 to 7.97 over the past decade. While the company's 10-year median is 7.39 vs. the industry median of 4.24, Chen Hsong Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z2-Score for an Industrial Products company?
The median Altman Z2-Score among Industrial Products companies is 4.24, based on 2,988 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chen Hsong Holdings's current Altman Z2-Score of 7.07 is 66.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Chen Hsong Holdings and its competitors. For the Industrial Products industry, the median Altman Z2-Score is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chen Hsong Holdings's current Altman Z2-Score is 7.07, which is near median its own 10-year median of 7.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chen Hsong Holdings stock overvalued right now?
Chen Hsong Holdings (CHHGF) has a current Altman Z2-Score of 7.07. The stock's GF Value™ is $0.24, compared to a current price of $0.23 — trading 3.8% below its estimated fair value. The current Altman Z2-Score is 7.07, which is near median its 10-year median of 7.39 and 66.7% above the Industrial Products industry median of 4.24. Chen Hsong Holdings' overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Chen Hsong Holdings (CHHGF), the current Altman Z2-Score is 7.07 as of Aug. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Chen Hsong Holdings (CHHGF) Overvalued in 2026?

Based on GuruFocus' analysis, Chen Hsong Holdings stock appears to be undervalued. The current stock price of $0.23 is trading 3.8% below its estimated GF Value™ of $0.24.

Key valuation signals for CHHGF:

  • Altman Z2-Score: 7.07 (near median its 10-year median of 7.39)
  • GF Value™: $0.24 vs. price of $0.23 (3.8% below fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 66.7% above the Industrial Products median (#689 of 2988)

No single metric tells the full story. See the CHHGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chen Hsong Holdings Business Description

Other Exchanges 00057:Hong Kong
Address 18 Whitfield Road, Unit 2001, 20th Floor, Citicorp Centre, Hong Kong, HKG
Chen Hsong Holdings Ltd is an investment holding company which is engaged in the business of manufacture and sale of Plastic injection molding machines and related products. The company's services are used in automotive, packaging, home appliances, consumer electronics, mobile phones, and other businesses. The group operates through the geographic segments of Mainland China and Hong Kong, Taiwan, and Other Overseas Countries. The Mainland China and Hong Kong segment generates maximum revenue for the company.
73GF Score

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Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.23
Price
$0.24
GF Value