Wing Chi Holdings (HKSE:06080) Altman Z2-Score: 1.56 (As of Sep. 02, 2026) — 60% Below Median

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HKSE:06080 Wing Chi Holdings Ltd HKSE:06080
57 GF Score
Price HK$0.14
GF Value HK$0.07
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Wing Chi Holdings Altman Z2-Score?

Wing Chi Holdings HKSE:06080 57 Altman Z2-Score is 1.56 as of Sep. 02, 2026, which is 60% below its 10-year median of 3.86. GuruFocus rates HKSE:06080 with a GF Score™ of 57/100 and a GF Value™ of HK$0.07 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,580 Construction companies, Wing Chi Holdings ranks worse than 71.71% 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.

Wing Chi Holdings has a Altman Z2-Score of 1.56, indicating it is in Grey Zones. This implies that Wing Chi Holdings is in some kind of financial stress. If it is below 1.1, the company may face bankrupcy risk.

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 Wing Chi Holdings's Altman Z2-Score or its related term are showing as below:

HKSE:06080' s Altman Z2-Score Range Over the Past 10 Years
Min: 1.56   Med: 3.86   Max: 10.06
Current: 1.56

During the past 12 years, Wing Chi Holdings's highest Altman Z2-Score was 10.06. The lowest was 1.56. And the median was 3.86.


Wing Chi Holdings  (HKSE:06080) 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.


Wing Chi Holdings Altman Z2-Score Related Terms


Wing Chi Holdings Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Wing Chi 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.

Wing Chi Holdings Altman Z2-Score Chart

Wing Chi 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 3.57 4.15 2.26 2.37 1.56

Wing Chi 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 2.26 0.00 2.37 0.00 1.56

HKSE:06080 vs PWR, FIX, EME: Altman Z2-Score Comparison

For the Engineering & Construction subindustry, Wing Chi 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.


Wing Chi Holdings Altman Z2-Score vs Construction Industry

For the Construction industry and Industrials sector, Wing Chi Holdings's Altman Z2-Score distribution charts can be found below:

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


HKSE:06080
57GF Score
Wing Chi Holdings Ltd HKSE:06080
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wing Chi 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.

Wing Chi 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*0.224+3.26*-0.026+6.72*-0.0735+1.05*0.6341
=1.56

* 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 HK$338.9 Mil.
Total Current Assets was HK$281.3 Mil.
Total Current Liabilities was HK$205.4 Mil.
Retained Earnings was HK$-8.8 Mil.
Pre-Tax Income was HK$-26.6 Mil.
Interest Expense was HK$-1.6 Mil.
Total Liabilities was HK$207.4 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
=(281.282 - 205.365)/338.946
=0.224

X2=Retained Earnings/Total Assets
=-8.797/338.946
=-0.026

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-26.559 - -1.64)/338.946
=-0.0735

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(131.528 - 0)/207.418
=0.6341

The zones of discrimination were as such:

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

Wing Chi Holdings has a Altman Z2-Score of 1.56 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 1.56 mean?
Wing Chi Holdings (HKSE:06080) has a Altman Z2-Score of 1.56 as of Sep. 02, 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 Wing Chi Holdings and its competitors. This is 60% below median its historical median of 3.86. Over the past decade, Wing Chi Holdings' Altman Z2-Score has ranged from 1.56 to 10.06. According to the industry distribution chart, Wing Chi Holdings ranks #1133 out of 1580 companies in the Construction industry, placing it in the top 71.7%.
Is Wing Chi Holdings' Altman Z2-Score too high?
Wing Chi Holdings' current Altman Z2-Score of 1.56 is 60% below median its 10-year median of 3.86. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 10.06. The Construction industry median Altman Z2-Score is 3.18. Wing Chi Holdings' value of 1.56 is 50.9% below this industry median. Based on the distribution chart, Wing Chi Holdings ranks #1133 out of 1580 companies in the Construction industry, which is below the industry midpoint. Overall, Wing Chi Holdings has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wing Chi Holdings' Altman Z2-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Wing Chi Holdings ranks #1133 out of 1580 companies for Altman Z2-Score. This places Wing Chi Holdings in the lower half of its industry. The industry median Altman Z2-Score is 3.18. Wing Chi Holdings' value of 1.56 is 50.9% below this benchmark. Historically, Wing Chi Holdings' own Altman Z2-Score has ranged from 1.56 to 10.06 over the past decade. While the company's 10-year median is 3.86 vs. the industry median of 3.18, Wing Chi Holdings 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 Construction company?
The median Altman Z2-Score among Construction companies is 3.18, based on 1,580 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. Wing Chi Holdings's current Altman Z2-Score of 1.56 is 50.9% 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 Wing Chi Holdings and its competitors. For the Construction industry, the median Altman Z2-Score is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wing Chi Holdings's current Altman Z2-Score is 1.56, which is 60% below median its own 10-year median of 3.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wing Chi Holdings stock overvalued right now?
Based on GuruFocus' analysis, Wing Chi Holdings (HKSE:06080) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.07, compared to a current price of HK$0.14 — trading 92.9% above its estimated fair value. The current Altman Z2-Score is 1.56, which is 60% below median its 10-year median of 3.86 and 50.9% below the Construction industry median of 3.18. Wing Chi Holdings' overall GF Score™ is 57/100 with 5 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 Wing Chi Holdings (HKSE:06080), the current Altman Z2-Score is 1.56 as of Sep. 02, 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 Wing Chi Holdings (HKSE:06080) Overvalued in 2026?

Based on GuruFocus' analysis, Wing Chi Holdings stock appears to be overvalued. The current stock price of HK$0.14 is trading 92.9% above its estimated GF Value™ of HK$0.07. GuruFocus considers Wing Chi Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:06080:

  • Altman Z2-Score: 1.56 (60% below median its 10-year median of 3.86)
  • GF Value™: HK$0.07 vs. price of HK$0.14 (92.9% above fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 50.9% below the Construction median (#1133 of 1580)

No single metric tells the full story. See the HKSE:06080 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wing Chi Holdings Business Description

Address 9 Hoi Shing Road, Room 3010, 30th Floor, Cable TV Tower, Tsuen Wan, New Territories, Hong Kong, HKG
Wing Chi Holdings Ltd is an Hong Kong-based investment holding company. The corporation is principally engaged in the provision of foundation and site formation works and machinery leasing. All of the group's operations are located in Hong Kong.
57GF Score

Get the complete analysis for HKSE:06080

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

HK$0.14
Price
HK$0.07
GF Value