RKGXF (Road King Infrastructure) Altman Z2-Score: -0.64 (As of Jul. 03, 2026)


RKGXF Road King Infrastructure Ltd RKGXF
36 GF Score
Price $0.08
GF Value $0.09
! 3 Warning Signs
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What is Road King Infrastructure Altman Z2-Score?

Road King Infrastructure RKGXF 36 Altman Z2-Score is -0.64 as of Jul. 03, 2026. GuruFocus rates RKGXF with a GF Score™ of 36/100 and a GF Value™ of $0.09. The stock has 3 warning signs investors should review. Among 1,769 Real Estate companies, Road King Infrastructure ranks worse than 87.79% 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.

Warning Sign:

Road King Infrastructure has a Altman Z2-Score of -0.64, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Road King Infrastructure's Altman Z2-Score or its related term are showing as below:

RKGXF' s Altman Z2-Score Range Over the Past 10 Years
Min: -0.63   Med: 2.35   Max: 3.1
Current: -0.63

During the past 13 years, Road King Infrastructure's highest Altman Z2-Score was 3.10. The lowest was -0.63. And the median was 2.35.


Road King Infrastructure  (OTCPK:RKGXF) 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.


Road King Infrastructure Altman Z2-Score Related Terms


Road King Infrastructure Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Road King Infrastructure'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.

Road King Infrastructure Altman Z2-Score Chart

Road King Infrastructure 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 2.44 2.25 1.73 1.63 -0.63

Road King Infrastructure Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.73 0.00 1.63 0.00 -0.63

Road King Infrastructure Altman Z2-Score Competitor Comparison

For the Real Estate - Development subindustry, Road King Infrastructure'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.


Road King Infrastructure Altman Z2-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Road King Infrastructure's Altman Z2-Score distribution charts can be found below:

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


RKGXF
36GF Score
Road King Infrastructure Ltd RKGXF
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Road King Infrastructure 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.

Road King Infrastructure'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*-0.0092+3.26*-0.1+6.72*-0.1044+1.05*0.4312
=-0.64

* 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 $5,803.0 Mil.
Total Current Assets was $3,431.0 Mil.
Total Current Liabilities was $3,484.1 Mil.
Retained Earnings was $-580.3 Mil.
Pre-Tax Income was $-682.9 Mil.
Interest Expense was $-77.0 Mil.
Total Liabilities was $3,871.0 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
=(3430.975 - 3484.084)/5803.041
=-0.0092

X2=Retained Earnings/Total Assets
=-580.278/5803.041
=-0.1

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-682.85 - -77.016)/5803.041
=-0.1044

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(1669.281 - 0)/3871.001
=0.4312

The zones of discrimination were as such:

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

Road King Infrastructure has a Altman Z2-Score of -0.64 indicating it is in Distress Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of -0.64 mean?
Road King Infrastructure (RKGXF) has a Altman Z2-Score of -0.64 as of Jul. 03, 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 Road King Infrastructure and its competitors. According to the industry distribution chart, Road King Infrastructure ranks #1553 out of 1769 companies in the Real Estate industry, placing it in the top 87.8%.
Is Road King Infrastructure's Altman Z2-Score too high?
Road King Infrastructure's current Altman Z2-Score is -0.64. Based on the distribution chart, Road King Infrastructure ranks #1553 out of 1769 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Road King Infrastructure has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Road King Infrastructure's Altman Z2-Score compare to competitors?
According to the Real Estate industry distribution chart, Road King Infrastructure ranks #1553 out of 1769 companies for Altman Z2-Score. This places Road King Infrastructure in the lower half of its industry. The industry median Altman Z2-Score is 3.02. 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 3.02, based on 1,769 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. 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 Road King Infrastructure and its competitors. For the Real Estate industry, the median Altman Z2-Score is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Road King Infrastructure's current Altman Z2-Score is -0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Road King Infrastructure stock overvalued right now?
Road King Infrastructure (RKGXF) has a current Altman Z2-Score of -0.64. The stock's GF Value™ is $0.09, compared to a current price of $0.08 — trading 15.3% below its estimated fair value. The current Altman Z2-Score is -0.64. Road King Infrastructure's overall GF Score™ is 36/100 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 Road King Infrastructure (RKGXF), the current Altman Z2-Score is -0.64 as of Jul. 03, 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 Road King Infrastructure (RKGXF) Overvalued in 2026?

Based on GuruFocus' analysis, Road King Infrastructure stock appears to be undervalued. The current stock price of $0.08 is trading 15.3% below its estimated GF Value™ of $0.09.

Key valuation signals for RKGXF:

  • Altman Z2-Score: -0.64
  • GF Value™: $0.09 vs. price of $0.08 (15.3% below fair value)
  • GF Score™: 36/100 with 3 warning signs

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


Road King Infrastructure Business Description

Other Exchanges 01098:Hong Kong
Address 9 Canton Road, The Gateway, Suite 501, 5th Floor, Tower 6, Tsimshatsui, Kowloon, Hong Kong, HKG
Road King Infrastructure Ltd engages in the operation of property development, investment and asset management businesses in Mainland China and Hong Kong and the investment in, development, operation and management of toll road projects in Southeast Asia. Its segments include Property development and investment engages in the development of properties for sale and for rental income and/or potential capital appreciation; Toll road engages in the development, operation and management of toll roads; and Investment and asset management engages in the property development and investment, integrated with property fund, cultural, tourist and commercial businesses. It derives the majority of revenue from Property development and investment segment. It operates in Mainland China and Hong Kong.
36GF Score

Get the complete analysis for RKGXF

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

$0.08
Price
$0.09
GF Value