Yuexiu Services Group (HKSE:06626) Altman Z2-Score: 3.90 (As of Sep. 16, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:06626 Yuexiu Services Group Ltd HKSE:06626
92 GF Score
Price HK$1.78
GF Value HK$3.78
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Yuexiu Services Group Altman Z2-Score?

Yuexiu Services Group HKSE:06626 +0.56% 92 Altman Z2-Score is 3.90 as of Sep. 16, 2026, which is 7% above its 10-year median of 3.66. GuruFocus rates HKSE:06626 with a GF Score™ of 92/100 and a GF Value™ of HK$3.78 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,599 Real Estate companies, Yuexiu Services Group ranks better than 63.41% 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:

Yuexiu Services Group has a Altman Z2-Score of 3.90, 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 Yuexiu Services Group's Altman Z2-Score or its related term are showing as below:

HKSE:06626' s Altman Z2-Score Range Over the Past 10 Years
Min: 2.67   Med: 3.66   Max: 6.64
Current: 3.92

During the past 8 years, Yuexiu Services Group's highest Altman Z2-Score was 6.64. The lowest was 2.67. And the median was 3.66.


Yuexiu Services Group  (HKSE:06626) 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.


Yuexiu Services Group Altman Z2-Score Related Terms


Yuexiu Services Group Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Yuexiu Services Group'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.

Yuexiu Services Group Altman Z2-Score Chart

Yuexiu Services Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial 6.71 6.33 5.99 3.44 3.93

Yuexiu Services Group Semi-Annual Data
Dec19 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 5.99 4.42 3.44 3.30 3.92

HKSE:06626 vs CBRE, BEKE, JLL: Altman Z2-Score Comparison

For the Real Estate Services subindustry, Yuexiu Services Group'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.


Yuexiu Services Group Altman Z2-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Yuexiu Services Group's Altman Z2-Score distribution charts can be found below:

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


HKSE:06626
92GF Score
Yuexiu Services Group Ltd HKSE:06626
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yuexiu Services Group 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.

Yuexiu Services Group'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*0.2842+3.26*0.1788+6.72*0.0515+1.05*1.0583
=3.90

* 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$7,689 Mil.
Total Current Assets was HK$5,732 Mil.
Total Current Liabilities was HK$3,546 Mil.
Retained Earnings was HK$1,375 Mil.
Pre-Tax Income was HK$392 Mil.
Interest Expense was HK$-4 Mil.
Total Liabilities was HK$3,700 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
=(5731.5960236973 - 3546.1234605725)/7688.6275426257
=0.2842

X2=Retained Earnings/Total Assets
=1374.779629301/7688.6275426257
=0.1788

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(392.1636508533 - -3.7969163208999)/7688.6275426257
=0.0515

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(3916.0745861208 - 0)/3700.4836151914
=1.0583

The zones of discrimination were as such:

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

Yuexiu Services Group has a Altman Z2-Score of 3.90 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 3.90 mean?
Yuexiu Services Group (HKSE:06626) has a Altman Z2-Score of 3.90 as of Sep. 16, 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 Yuexiu Services Group and its competitors. This is near median its historical median of 3.66. Over the past decade, Yuexiu Services Group's Altman Z2-Score has ranged from 2.67 to 6.64. According to the industry distribution chart, Yuexiu Services Group ranks #585 out of 1599 companies in the Real Estate industry, placing it in the top 36.6%.
Is Yuexiu Services Group's Altman Z2-Score too high?
Yuexiu Services Group's current Altman Z2-Score of 3.90 is near median its 10-year median of 3.66. Over the past 10 years, this metric has ranged from a low of 2.67 to a high of 6.64. The Real Estate industry median Altman Z2-Score is 2.91. Yuexiu Services Group's value of 3.90 is 34% above this industry median. Based on the distribution chart, Yuexiu Services Group ranks #585 out of 1599 companies in the Real Estate industry, which is above the industry midpoint. Overall, Yuexiu Services Group has a GF Score™ of 92/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Yuexiu Services Group's Altman Z2-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Yuexiu Services Group ranks #585 out of 1599 companies for Altman Z2-Score. This puts Yuexiu Services Group in the upper half of its industry. The industry median Altman Z2-Score is 2.91. Yuexiu Services Group's value of 3.90 is 34% above this benchmark. Historically, Yuexiu Services Group's own Altman Z2-Score has ranged from 2.67 to 6.64 over the past decade. While the company's 10-year median is 3.66 vs. the industry median of 2.91, Yuexiu Services Group 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 a Real Estate company?
The median Altman Z2-Score among Real Estate companies is 2.91, based on 1,599 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. Yuexiu Services Group's current Altman Z2-Score of 3.90 is 34% 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 Yuexiu Services Group and its competitors. For the Real Estate industry, the median Altman Z2-Score is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yuexiu Services Group's current Altman Z2-Score is 3.90, which is near median its own 10-year median of 3.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yuexiu Services Group stock overvalued right now?
Based on GuruFocus' analysis, Yuexiu Services Group (HKSE:06626) is currently considered Possible Value Trap. The stock's GF Value™ is HK$3.78, compared to a current price of HK$1.78 — trading 52.9% below its estimated fair value. The current Altman Z2-Score is 3.90, which is near median its 10-year median of 3.66 and 34% above the Real Estate industry median of 2.91. Yuexiu Services Group's overall GF Score™ is 92/100 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 Yuexiu Services Group (HKSE:06626), the current Altman Z2-Score is 3.90 as of Sep. 16, 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 Yuexiu Services Group (HKSE:06626) Overvalued in 2026?

Based on GuruFocus' analysis, Yuexiu Services Group stock appears to be undervalued. The current stock price of HK$1.78 is trading 52.9% below its estimated GF Value™ of HK$3.78. GuruFocus considers Yuexiu Services Group to be Possible Value Trap.

Key valuation signals for HKSE:06626:

  • Altman Z2-Score: 3.90 (near median its 10-year median of 3.66)
  • GF Value™: HK$3.78 vs. price of HK$1.78 (52.9% below fair value)
  • GF Score™: 92/100 with 6 warning signs
  • Industry Position: 34% above the Real Estate median (#585 of 1599)

No single metric tells the full story. See the HKSE:06626 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yuexiu Services Group Business Description

Other Exchanges 5R9:Germany
Address 160 Lockhart Road, 26th Floor, Yue Xiu Building, Wanchai, Hong Kong, HKG
Yuexiu Services Group Ltd is an integrated property management services provider. It has two business segments; Non-commercial property management and value-added services including non-commercial property management services including cleaning, security, gardening, repair, and maintenance services, value-added services to non-property owners, including sales office and display unit management, support services, and decoration services, home-living services, space operation services; and Commercial property management and operational services including commercial property management services and other value-added services, market positioning consultancy and tenant sourcing services, including market positioning and management consultancy services and tenant sourcing services.
92GF Score

Get the complete analysis for HKSE:06626

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

HK$1.78
Price
HK$3.78
GF Value