HHUSF (Hua Hong Grace Semiconductor) Altman Z2-Score: 3.33 (As of Jul. 01, 2026) — 24% Below Median


HHUSF Hua Hong Grace Semiconductor Ltd HHUSF
64 GF Score
Price $19.45
GF Value $3.27
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Hua Hong Grace Semiconductor Altman Z2-Score?

Hua Hong Grace Semiconductor HHUSF 64 Altman Z2-Score is 3.33 as of Jul. 01, 2026, which is 24% below its 10-year median of 4.41. GuruFocus rates HHUSF with a GF Score™ of 64/100 and a GF Value™ of $3.27 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,018 Semiconductors companies, Hua Hong Grace Semiconductor ranks worse than 63.85% 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:

Hua Hong Grace Semiconductor has a Altman Z2-Score of 3.33, 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 Hua Hong Grace Semiconductor's Altman Z2-Score or its related term are showing as below:

HHUSF' s Altman Z2-Score Range Over the Past 10 Years
Min: 2.58   Med: 4.41   Max: 8.39
Current: 3.33

During the past 13 years, Hua Hong Grace Semiconductor's highest Altman Z2-Score was 8.39. The lowest was 2.58. And the median was 4.41.


Hua Hong Grace Semiconductor  (OTCPK:HHUSF) 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.


Hua Hong Grace Semiconductor Altman Z2-Score Related Terms


Hua Hong Grace Semiconductor Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Hua Hong Grace Semiconductor'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.

Hua Hong Grace Semiconductor Altman Z2-Score Chart

Hua Hong Grace Semiconductor 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 2.58 2.66 5.64 4.23 3.55

Hua Hong Grace Semiconductor Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 4.09 4.14 4.01 3.55 3.33

HHUSF vs NVDA, AVGO, MU: Altman Z2-Score Comparison

For the Semiconductors subindustry, Hua Hong Grace Semiconductor'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.


Hua Hong Grace Semiconductor Altman Z2-Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Hua Hong Grace Semiconductor's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Hua Hong Grace Semiconductor's Altman Z2-Score falls into.


HHUSF
64GF Score
Hua Hong Grace Semiconductor Ltd HHUSF
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Hua Hong Grace Semiconductor 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.

Hua Hong Grace Semiconductor'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*0.3156+3.26*0+6.72*0.002+1.05*1.1886
=3.33

* 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 $14,947 Mil.
Total Current Assets was $6,654 Mil.
Total Current Liabilities was $1,936 Mil.
Retained Earnings was $0 Mil.
Pre-Tax Income was -22.002 + -10.591 + 3.173 + -25.704 = $-55 Mil.
Interest Expense was -27.681 + -20.538 + -18.249 + -18.25 = $-85 Mil.
Total Liabilities was $5,663 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
=(6653.524 - 1935.629)/14947.323
=0.3156

X2=Retained Earnings/Total Assets
=0/14947.323
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-55.124 - -84.718)/14947.323
=0.002

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(6730.76 - 0)/5662.963
=1.1886

The zones of discrimination were as such:

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

Hua Hong Grace Semiconductor has a Altman Z2-Score of 3.33 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 3.33 mean?
Hua Hong Grace Semiconductor (HHUSF) has a Altman Z2-Score of 3.33 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 Hua Hong Grace Semiconductor and its competitors. This is 24% below median its historical median of 4.41. Over the past decade, Hua Hong Grace Semiconductor's Altman Z2-Score has ranged from 2.58 to 8.39. According to the industry distribution chart, Hua Hong Grace Semiconductor ranks #650 out of 1018 companies in the Semiconductors industry, placing it in the top 63.9%.
Is Hua Hong Grace Semiconductor's Altman Z2-Score too high?
Hua Hong Grace Semiconductor's current Altman Z2-Score of 3.33 is 24% below median its 10-year median of 4.41. Over the past 10 years, this metric has ranged from a low of 2.58 to a high of 8.39. The Semiconductors industry median Altman Z2-Score is 4.90. Hua Hong Grace Semiconductor's value of 3.33 is 32% below this industry median. Based on the distribution chart, Hua Hong Grace Semiconductor ranks #650 out of 1018 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Hua Hong Grace Semiconductor has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hua Hong Grace Semiconductor's Altman Z2-Score compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Hua Hong Grace Semiconductor ranks #650 out of 1018 companies for Altman Z2-Score. This places Hua Hong Grace Semiconductor in the lower half of its industry. The industry median Altman Z2-Score is 4.90. Hua Hong Grace Semiconductor's value of 3.33 is 32% below this benchmark. Historically, Hua Hong Grace Semiconductor's own Altman Z2-Score has ranged from 2.58 to 8.39 over the past decade. While the company's 10-year median is 4.41 vs. the industry median of 4.90, Hua Hong Grace Semiconductor 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 Semiconductors company?
The median Altman Z2-Score among Semiconductors companies is 4.90, based on 1,018 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. Hua Hong Grace Semiconductor's current Altman Z2-Score of 3.33 is 32% 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 Hua Hong Grace Semiconductor and its competitors. For the Semiconductors industry, the median Altman Z2-Score is 4.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hua Hong Grace Semiconductor's current Altman Z2-Score is 3.33, which is 24% below median its own 10-year median of 4.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hua Hong Grace Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, Hua Hong Grace Semiconductor (HHUSF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.27, compared to a current price of $19.45 — trading 494.8% above its estimated fair value. The current Altman Z2-Score is 3.33, which is 24% below median its 10-year median of 4.41 and 32% below the Semiconductors industry median of 4.90. Hua Hong Grace Semiconductor's overall GF Score™ is 64/100 with 9 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 Hua Hong Grace Semiconductor (HHUSF), the current Altman Z2-Score is 3.33 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 Hua Hong Grace Semiconductor (HHUSF) Overvalued in 2026?

Based on GuruFocus' analysis, Hua Hong Grace Semiconductor stock appears to be overvalued. The current stock price of $19.45 is trading 494.8% above its estimated GF Value™ of $3.27. GuruFocus considers Hua Hong Grace Semiconductor to be Significantly Overvalued.

Key valuation signals for HHUSF:

  • Altman Z2-Score: 3.33 (24% below median its 10-year median of 4.41)
  • GF Value™: $3.27 vs. price of $19.45 (494.8% above fair value)
  • GF Score™: 64/100 with 9 warning signs
  • Industry Position: 32% below the Semiconductors median (#650 of 1018)

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


Hua Hong Grace Semiconductor Business Description

Address 288 Harley Road, Zhangjiang Hi-Tech Park, Shanghai, CHN, 201210
Hua Hong Semiconductor, or Hua Hong, is the second-largest Chinese foundry and the seventh-largest globally. Its current form is a result of an intragroup restructuring completed in 2013. Hua Hong is headquartered in Shanghai with another plant in Wuxi, China, and has sales offices in Japan, Taiwan, and the US. It employs more than 7,628 employees as of Dec. 31, 2025. Hua Hong's products are used on smartphones, PCs, for the Internet of Things, data centers, and for automotive and industrial purposes, among others, but it focuses on more mature process technologies.
64GF Score

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

$19.45
Price
$3.27
GF Value