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:
Hengyang Petrochemical Logistics has a Altman Z2-Score of 141.56, 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 Hengyang Petrochemical Logistics's Altman Z2-Score or its related term are showing as below:
SGX:5PD'
s Altman Z2-Score Range Over the Past 10 Years
Min: -3.4 Med: 239.33 Max: 601.28
Current: 141.56
During the past 13 years, Hengyang Petrochemical Logistics's highest Altman Z2-Score was 601.28. The lowest was -3.40. And the median was 239.33.
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.
* 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.
SGX:5PD vs WMB, EPD, KMI: Altman Z2-Score Comparison
For the Oil & Gas Midstream subindustry, Hengyang Petrochemical Logistics'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.
Hengyang Petrochemical Logistics Altman Z2-Score vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Hengyang Petrochemical Logistics's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Hengyang Petrochemical Logistics's Altman Z2-Score falls into.
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.
* 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.
Hengyang Petrochemical Logistics (SGX:5PD) has a Altman Z2-Score of 141.56 as of Jul. 09, 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 Hengyang Petrochemical Logistics and its competitors. This is 41% below median its historical median of 239.33.
Is Hengyang Petrochemical Logistics' Altman Z2-Score too high?
Hengyang Petrochemical Logistics' current Altman Z2-Score of 141.56 is 41% below median its 10-year median of 239.33. The Oil & Gas industry median Altman Z2-Score is 1.82. Hengyang Petrochemical Logistics' value of 141.56 is 7678% above this industry median. Overall, Hengyang Petrochemical Logistics has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Hengyang Petrochemical Logistics' Altman Z2-Score compare to WMB and EPD?
Hengyang Petrochemical Logistics' Altman Z2-Score of 141.56 can be compared against companies in the Oil & Gas industry. The industry median Altman Z2-Score is 1.82. Hengyang Petrochemical Logistics' value of 141.56 is 7678% above this benchmark. While the company's 10-year median is 239.33 vs. the industry median of 1.82, Hengyang Petrochemical Logistics 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 an Oil & Gas company?
The median Altman Z2-Score among Oil & Gas companies is 1.82, based on 1,011 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. Hengyang Petrochemical Logistics's current Altman Z2-Score of 141.56 is 7678% 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 Hengyang Petrochemical Logistics and its competitors. For the Oil & Gas industry, the median Altman Z2-Score is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hengyang Petrochemical Logistics's current Altman Z2-Score is 141.56, which is 41% below median its own 10-year median of 239.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hengyang Petrochemical Logistics stock overvalued right now?
Hengyang Petrochemical Logistics (SGX:5PD) has a current Altman Z2-Score of 141.56. The current Altman Z2-Score is 141.56, which is 41% below median its 10-year median of 239.33 and 7678% above the Oil & Gas industry median of 1.82. Hengyang Petrochemical Logistics' overall GF Score™ is 14/100 with 2 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 Hengyang Petrochemical Logistics (SGX:5PD), the current Altman Z2-Score is 141.56 as of Jul. 09, 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.
Hengyang Petrochemical Logistics Business Description
Hengyang Petrochemical Logistics Ltd is engaged in logistic services for the petrochemical industry. The group provides storage and land transportation services for different types of bulk liquid petrochemicals, gases, and oils such as Methanol, Acetic Acid, Phenol, Acetone, Styrene, Ethylene Glycol, Polyether Polyol, Propane, Butane, Gasoline, Diesel, Kerosene, Fuel Oil and Base Oil. It's petrochemical storage business offers whole-tank leasing services for a fixed period of time (typically for one year) and spot leasing services for a period ranging from one month to three months.
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