MetaLight (HKSE:02605) Altman Z2-Score: 8.25 (As of Jul. 18, 2026)

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HKSE:02605 MetaLight Inc HKSE:02605
18 GF Score
Price HK$1.07
! 3 Warning Signs
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What is MetaLight Altman Z2-Score?

MetaLight HKSE:02605 -2.73% 18 Altman Z2-Score is 8.25 as of Jul. 18, 2026. GuruFocus rates HKSE:02605 with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 1,018 Media - Diversified companies, MetaLight ranks better than 85.27% 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:

MetaLight has a Altman Z2-Score of 8.25, 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 MetaLight's Altman Z2-Score or its related term are showing as below:

HKSE:02605' s Altman Z2-Score Range Over the Past 10 Years
Min: -17.1   Med: -15.91   Max: 8.25
Current: 8.25

During the past 4 years, MetaLight's highest Altman Z2-Score was 8.25. The lowest was -17.10. And the median was -15.91.


MetaLight  (HKSE:02605) 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.


MetaLight Altman Z2-Score Related Terms


MetaLight Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for MetaLight'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.

MetaLight Altman Z2-Score Chart

MetaLight Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
-16.77 -15.04 -17.10 8.25

MetaLight Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z2-Score Get a 7-Day Free Trial -15.04 0.00 -17.10 0.00 8.25

HKSE:02605 vs APP, OMC, TTD: Altman Z2-Score Comparison

For the Advertising Agencies subindustry, MetaLight'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.


MetaLight Altman Z2-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, MetaLight's Altman Z2-Score distribution charts can be found below:

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


HKSE:02605
18GF Score
MetaLight Inc HKSE:02605
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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MetaLight 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.

MetaLight'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*0.8039+3.26*-1.1397+6.72*-0.2915+1.05*8.239
=8.25

* 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 HK$441.4 Mil.
Total Current Assets was HK$402.4 Mil.
Total Current Liabilities was HK$47.6 Mil.
Retained Earnings was HK$-503.1 Mil.
Pre-Tax Income was HK$-129.5 Mil.
Interest Expense was HK$-0.8 Mil.
Total Liabilities was HK$47.8 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
=(402.402 - 47.555)/441.429
=0.8039

X2=Retained Earnings/Total Assets
=-503.08/441.429
=-1.1397

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-129.482 - -0.815)/441.429
=-0.2915

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(393.65 - 0)/47.779
=8.239

The zones of discrimination were as such:

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

MetaLight has a Altman Z2-Score of 8.25 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 8.25 mean?
MetaLight (HKSE:02605) has a Altman Z2-Score of 8.25 as of Jul. 18, 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 MetaLight and its competitors. According to the industry distribution chart, MetaLight ranks #150 out of 1018 companies in the Media - Diversified industry, placing it in the top 14.7%.
Is MetaLight's Altman Z2-Score too high?
MetaLight's current Altman Z2-Score is 8.25. The Media - Diversified industry median Altman Z2-Score is 2.55. MetaLight's value of 8.25 is 223.5% above this industry median. Based on the distribution chart, MetaLight ranks #150 out of 1018 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, MetaLight has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does MetaLight's Altman Z2-Score compare to APP and OMC?
According to the Media - Diversified industry distribution chart, MetaLight ranks #150 out of 1018 companies for Altman Z2-Score. This places MetaLight in the top 15% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 2.55. MetaLight's value of 8.25 is 223.5% above this benchmark. 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 Media - Diversified company?
The median Altman Z2-Score among Media - Diversified companies is 2.55, 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. MetaLight's current Altman Z2-Score of 8.25 is 223.5% 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 MetaLight and its competitors. For the Media - Diversified industry, the median Altman Z2-Score is 2.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MetaLight's current Altman Z2-Score is 8.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MetaLight stock overvalued right now?
MetaLight (HKSE:02605) has a current Altman Z2-Score of 8.25. The current Altman Z2-Score is 8.25 and 223.5% above the Media - Diversified industry median of 2.55. MetaLight's overall GF Score™ is 18/100 with 3 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 MetaLight (HKSE:02605), the current Altman Z2-Score is 8.25 as of Jul. 18, 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.

MetaLight Business Description

Address Dongsishitiao Street, 1st Floor, Liangdian Creative Park, No. 94, Dongcheng District, Beijing, CHN
MetaLight Inc is an investment holding company. The Company, along with subsidiaries were principally engaged in the provision of mobile advertising services and vehicle dynamic information via app and mini programs in Wechat and Alipay, both of which are known as Chelaile, and data technology services. The company generates the majority of its revenue from advertising. The Group has only one reportable operating segment, which is the provision of mobile advertising services and data technology services.
18GF Score

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