Shiyue Daotian Group Co (HKSE:09676) Altman Z2-Score: 5.71 (As of Aug. 18, 2026) — 20% Above Median

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HKSE:09676 Shiyue Daotian Group Co Ltd HKSE:09676
42 GF Score
Price HK$4.95
! 3 Warning Signs
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What is Shiyue Daotian Group Co Altman Z2-Score?

Shiyue Daotian Group Co HKSE:09676 +14.58% 42 Altman Z2-Score is 5.71 as of Aug. 18, 2026, which is 20% above its 10-year median of 4.74. GuruFocus rates HKSE:09676 with a GF Score™ of 42/100. The stock has 3 warning signs investors should review. Among 1,898 Consumer Packaged Goods companies, Shiyue Daotian Group Co ranks better than 68.34% 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:

Shiyue Daotian Group Co has a Altman Z2-Score of 5.71, 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 Shiyue Daotian Group Co's Altman Z2-Score or its related term are showing as below:

HKSE:09676' s Altman Z2-Score Range Over the Past 10 Years
Min: 1.56   Med: 4.74   Max: 6.3
Current: 5.71

During the past 6 years, Shiyue Daotian Group Co's highest Altman Z2-Score was 6.30. The lowest was 1.56. And the median was 4.74.


Shiyue Daotian Group Co  (HKSE:09676) 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.


Shiyue Daotian Group Co Altman Z2-Score Related Terms


Shiyue Daotian Group Co Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Shiyue Daotian Group 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.

Shiyue Daotian Group Co Altman Z2-Score Chart

Shiyue Daotian Group Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial 3.76 1.56 5.72 6.30 5.71

Shiyue Daotian Group Co Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z2-Score Get a 7-Day Free Trial Premium Member Only 5.72 0.00 6.30 0.00 5.71

HKSE:09676 vs KHC, GIS: Altman Z2-Score Comparison

For the Packaged Foods subindustry, Shiyue Daotian Group 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.


Shiyue Daotian Group Co Altman Z2-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shiyue Daotian Group Co's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Shiyue Daotian Group Co's Altman Z2-Score falls into.


HKSE:09676
42GF Score
Shiyue Daotian Group Co Ltd HKSE:09676
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Shiyue Daotian Group 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.

Shiyue Daotian Group 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*0.3641+3.26*0+6.72*0.0867+1.05*2.6096
=5.71

* 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$5,819 Mil.
Total Current Assets was HK$3,643 Mil.
Total Current Liabilities was HK$1,525 Mil.
Retained Earnings was HK$0 Mil.
Pre-Tax Income was HK$492 Mil.
Interest Expense was HK$-12 Mil.
Total Liabilities was HK$1,612 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
=(3643.225 - 1524.748)/5818.66
=0.3641

X2=Retained Earnings/Total Assets
=0/5818.66
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(492.475 - -12.205)/5818.66
=0.0867

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(4206.662 - 0)/1611.998
=2.6096

The zones of discrimination were as such:

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

Shiyue Daotian Group Co has a Altman Z2-Score of 5.71 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 5.71 mean?
Shiyue Daotian Group Co (HKSE:09676) has a Altman Z2-Score of 5.71 as of Aug. 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 Shiyue Daotian Group Co and its competitors. This is 20% above median its historical median of 4.74. Over the past decade, Shiyue Daotian Group Co's Altman Z2-Score has ranged from 1.56 to 6.30. According to the industry distribution chart, Shiyue Daotian Group Co ranks #601 out of 1898 companies in the Consumer Packaged Goods industry, placing it in the top 31.7%.
Is Shiyue Daotian Group Co's Altman Z2-Score too high?
Shiyue Daotian Group Co's current Altman Z2-Score of 5.71 is 20% above median its 10-year median of 4.74. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 6.30. The Consumer Packaged Goods industry median Altman Z2-Score is 3.72. Shiyue Daotian Group Co's value of 5.71 is 53.7% above this industry median. Based on the distribution chart, Shiyue Daotian Group Co ranks #601 out of 1898 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Shiyue Daotian Group Co has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Shiyue Daotian Group Co's Altman Z2-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Shiyue Daotian Group Co ranks #601 out of 1898 companies for Altman Z2-Score. This puts Shiyue Daotian Group Co in the upper half of its industry. The industry median Altman Z2-Score is 3.72. Shiyue Daotian Group Co's value of 5.71 is 53.7% above this benchmark. Historically, Shiyue Daotian Group Co's own Altman Z2-Score has ranged from 1.56 to 6.30 over the past decade. While the company's 10-year median is 4.74 vs. the industry median of 3.72, Shiyue Daotian Group Co 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 Consumer Packaged Goods company?
The median Altman Z2-Score among Consumer Packaged Goods companies is 3.72, based on 1,898 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. Shiyue Daotian Group Co's current Altman Z2-Score of 5.71 is 53.7% 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 Shiyue Daotian Group Co and its competitors. For the Consumer Packaged Goods industry, the median Altman Z2-Score is 3.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shiyue Daotian Group Co's current Altman Z2-Score is 5.71, which is 20% above median its own 10-year median of 4.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiyue Daotian Group Co stock overvalued right now?
Shiyue Daotian Group Co (HKSE:09676) has a current Altman Z2-Score of 5.71. The current Altman Z2-Score is 5.71, which is 20% above median its 10-year median of 4.74 and 53.7% above the Consumer Packaged Goods industry median of 3.72. Shiyue Daotian Group Co's overall GF Score™ is 42/100 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 Shiyue Daotian Group Co (HKSE:09676), the current Altman Z2-Score is 5.71 as of Aug. 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.

Shiyue Daotian Group Co Business Description

Address Yisha Wenxin Plaza, 2nd Floor, Building A, October Rice Field, Chaoyang, Beijing, CHN
Shiyue Daotian Group Co Ltd is a Chinese pantry staple food company that offers pre-packaged rice, corn, whole grains, beans, and dried food products. The company has four main segments which include Rice Products engaged in producing pre-packaged rice products of different varieties; Corn products segment produces pre-packaged corn products; Whole Grain, Bean, and Other Products segment produces packaged mixes of brown rice, millet, red beans, sesame, and more; and Dried Food and Other Products segment handles packaged dried mushrooms, lotus seeds, and related by-products such as bran, husk, and fractioned rice.
42GF Score

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