Beijing Jingkelong Co (FRA:G2M) Altman Z2-Score: 0.14 (As of Jul. 01, 2026) — 79% Below Median


FRA:G2M Beijing Jingkelong Co Ltd FRA:G2M
36 GF Score
Price €0.03
GF Value €0.03
! 6 Warning Signs
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What is Beijing Jingkelong Co Altman Z2-Score?

Beijing Jingkelong Co FRA:G2M +12.50% 36 Altman Z2-Score is 0.14 as of Jul. 01, 2026, which is 79% below its 10-year median of 0.66. GuruFocus rates FRA:G2M with a GF Score™ of 36/100 and a GF Value™ of €0.03. The stock has 6 warning signs investors should review. Among 1,117 Retail - Cyclical companies, Beijing Jingkelong Co ranks worse than 80.39% 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.

Warning Sign:

Beijing Jingkelong Co has a Altman Z2-Score of 0.14, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Beijing Jingkelong Co's Altman Z2-Score or its related term are showing as below:

FRA:G2M' s Altman Z2-Score Range Over the Past 10 Years
Min: 0.14   Med: 0.66   Max: 1.12
Current: 0.14

During the past 13 years, Beijing Jingkelong Co's highest Altman Z2-Score was 1.12. The lowest was 0.14. And the median was 0.66.


Beijing Jingkelong Co  (FRA:G2M) 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.


Beijing Jingkelong Co Altman Z2-Score Related Terms


Beijing Jingkelong Co Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Beijing Jingkelong Co'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.

Beijing Jingkelong Co Altman Z2-Score Chart

Beijing Jingkelong Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.57 0.71 0.23 0.14

Beijing Jingkelong Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.71 0.00 0.23 0.00 0.14

FRA:G2M vs CASY, WSM, DKS: Altman Z2-Score Comparison

For the Specialty Retail subindustry, Beijing Jingkelong Co'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.


Beijing Jingkelong Co Altman Z2-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Beijing Jingkelong Co's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Beijing Jingkelong Co's Altman Z2-Score falls into.


FRA:G2M
36GF Score
Beijing Jingkelong Co Ltd FRA:G2M
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Beijing Jingkelong Co 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.

Beijing Jingkelong Co'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*-0.0181+3.26*0.0016+6.72*-0.0031+1.05*0.2593
=0.14

* 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 Dec. 2025:
Total Assets was €738 Mil.
Total Current Assets was €499 Mil.
Total Current Liabilities was €512 Mil.
Retained Earnings was €1 Mil.
Pre-Tax Income was €-15 Mil.
Interest Expense was €-12 Mil.
Total Liabilities was €559 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
=(499.123 - 512.472)/738.156
=-0.0181

X2=Retained Earnings/Total Assets
=1.199/738.156
=0.0016

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-14.731 - -12.453)/738.156
=-0.0031

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(145.078 - 0)/559.479
=0.2593

The zones of discrimination were as such:

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

Beijing Jingkelong Co has a Altman Z2-Score of 0.14 indicating it is in Distress Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 0.14 mean?
Beijing Jingkelong Co (FRA:G2M) has a Altman Z2-Score of 0.14 as of Jul. 01, 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 Beijing Jingkelong Co and its competitors. This is 79% below median its historical median of 0.66. Over the past decade, Beijing Jingkelong Co's Altman Z2-Score has ranged from 0.14 to 1.12. According to the industry distribution chart, Beijing Jingkelong Co ranks #898 out of 1117 companies in the Retail - Cyclical industry, placing it in the top 80.4%.
Is Beijing Jingkelong Co's Altman Z2-Score too high?
Beijing Jingkelong Co's current Altman Z2-Score of 0.14 is 79% below median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 1.12. The Retail - Cyclical industry median Altman Z2-Score is 2.95. Beijing Jingkelong Co's value of 0.14 is 95.3% below this industry median. Based on the distribution chart, Beijing Jingkelong Co ranks #898 out of 1117 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Beijing Jingkelong Co has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Beijing Jingkelong Co's Altman Z2-Score compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Beijing Jingkelong Co ranks #898 out of 1117 companies for Altman Z2-Score. This places Beijing Jingkelong Co in the lower half of its industry. The industry median Altman Z2-Score is 2.95. Beijing Jingkelong Co's value of 0.14 is 95.3% below this benchmark. Historically, Beijing Jingkelong Co's own Altman Z2-Score has ranged from 0.14 to 1.12 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 2.95, Beijing Jingkelong Co has consistently been below 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 a Retail - Cyclical company?
The median Altman Z2-Score among Retail - Cyclical companies is 2.95, based on 1,117 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. Beijing Jingkelong Co's current Altman Z2-Score of 0.14 is 95.3% below 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 Beijing Jingkelong Co and its competitors. For the Retail - Cyclical industry, the median Altman Z2-Score is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Jingkelong Co's current Altman Z2-Score is 0.14, which is 79% below median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Jingkelong Co stock overvalued right now?
Beijing Jingkelong Co (FRA:G2M) has a current Altman Z2-Score of 0.14. The stock's GF Value™ is €0.03, compared to a current price of €0.03 — trading 10% below its estimated fair value. The current Altman Z2-Score is 0.14, which is 79% below median its 10-year median of 0.66 and 95.3% below the Retail - Cyclical industry median of 2.95. Beijing Jingkelong Co's overall GF Score™ is 36/100 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 Beijing Jingkelong Co (FRA:G2M), the current Altman Z2-Score is 0.14 as of Jul. 01, 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 Beijing Jingkelong Co (FRA:G2M) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing Jingkelong Co stock appears to be undervalued. The current stock price of €0.03 is trading 10% below its estimated GF Value™ of €0.03.

Key valuation signals for FRA:G2M:

  • Altman Z2-Score: 0.14 (79% below median its 10-year median of 0.66)
  • GF Value™: €0.03 vs. price of €0.03 (10% below fair value)
  • GF Score™: 36/100 with 6 warning signs
  • Industry Position: 95.3% below the Retail - Cyclical median (#898 of 1117)

No single metric tells the full story. See the FRA:G2M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijing Jingkelong Co Business Description

Other Exchanges 00814:Hong Kong
Address XinYuan Street, Block No. 45, Chaoyang District, Beijing, CHN
Beijing Jingkelong Co Ltd is engaged in the retail and wholesale distribution of daily consumer products in the region covering Beijing City and certain parts of its periphery. It operates in three reporting segments including Retail segment which mainly engages in the sale of food, non-staple food, daily necessities, tobacco and liquor, hardware and household appliances and other commodities; the Commodity Wholesale segment, which is mainly engaged in the wholesale business of food, nonstaple food, beverages, wine, daily necessities and other commodities; and the Other segment, which is engaged in the sale of plastic packaging products, hotel room services, school training services and others. Maximum revenue for the company is generated from the Commodity Wholesale segment.
36GF Score

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

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