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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.
Hefei Metalforming Intelligent Manufacturing Co has a Altman Z2-Score of 1.45, indicating it is in Grey Zones. This implies that Hefei Metalforming Intelligent Manufacturing Co 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.
Hefei Metalforming Intelligent Manufacturing Co (SHSE:603011) 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.
* 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.
Hefei Metalforming Intelligent Manufacturing Co Altman Z2-Score Chart
Hefei Metalforming Intelligent Manufacturing Co Annual Data
SHSE:603011 vs GEV, ETN, PH: Altman Z2-Score Comparison
For the Specialty Industrial Machinery subindustry, Hefei Metalforming Intelligent Manufacturing 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.
Hefei Metalforming Intelligent Manufacturing Co Altman Z2-Score vs Industrial Products Industry
Hefei Metalforming Intelligent Manufacturing 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.
* 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.
Hefei Metalforming Intelligent Manufacturing Co (SHSE:603011) has a Altman Z2-Score of 1.45 as of Aug. 06, 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 Hefei Metalforming Intelligent Manufacturing Co and its competitors. This is 60% below median its historical median of 3.66. Over the past decade, Hefei Metalforming Intelligent Manufacturing Co's Altman Z2-Score has ranged from 1.45 to 8.13. According to the industry distribution chart, Hefei Metalforming Intelligent Manufacturing Co ranks #2430 out of 2988 companies in the Industrial Products industry, placing it in the top 81.3%.
Is Hefei Metalforming Intelligent Manufacturing Co's Altman Z2-Score too high?
Hefei Metalforming Intelligent Manufacturing Co's current Altman Z2-Score of 1.45 is 60% below median its 10-year median of 3.66. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 8.13. The Industrial Products industry median Altman Z2-Score is 4.24. Hefei Metalforming Intelligent Manufacturing Co's value of 1.45 is 65.8% below this industry median. Based on the distribution chart, Hefei Metalforming Intelligent Manufacturing Co ranks #2430 out of 2988 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Hefei Metalforming Intelligent Manufacturing Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hefei Metalforming Intelligent Manufacturing Co's Altman Z2-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Hefei Metalforming Intelligent Manufacturing Co ranks #2430 out of 2988 companies for Altman Z2-Score. This places Hefei Metalforming Intelligent Manufacturing Co in the lower half of its industry. The industry median Altman Z2-Score is 4.24. Hefei Metalforming Intelligent Manufacturing Co's value of 1.45 is 65.8% below this benchmark. Historically, Hefei Metalforming Intelligent Manufacturing Co's own Altman Z2-Score has ranged from 1.45 to 8.13 over the past decade. While the company's 10-year median is 3.66 vs. the industry median of 4.24, Hefei Metalforming Intelligent Manufacturing Co 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 an Industrial Products company?
The median Altman Z2-Score among Industrial Products companies is 4.24, based on 2,988 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. Hefei Metalforming Intelligent Manufacturing Co's current Altman Z2-Score of 1.45 is 65.8% 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 Hefei Metalforming Intelligent Manufacturing Co and its competitors. For the Industrial Products industry, the median Altman Z2-Score is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hefei Metalforming Intelligent Manufacturing Co's current Altman Z2-Score is 1.45, which is 60% below 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 Hefei Metalforming Intelligent Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Hefei Metalforming Intelligent Manufacturing Co (SHSE:603011) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥10.53, compared to a current price of ¥20.62 — trading 95.8% above its estimated fair value. The current Altman Z2-Score is 1.45, which is 60% below median its 10-year median of 3.66 and 65.8% below the Industrial Products industry median of 4.24. Hefei Metalforming Intelligent Manufacturing Co's overall GF Score™ is 55/100 with 8 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 Hefei Metalforming Intelligent Manufacturing Co (SHSE:603011), the current Altman Z2-Score is 1.45 as of Aug. 06, 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 Hefei Metalforming Intelligent Manufacturing Co (SHSE:603011) Overvalued in 2026?
Based on GuruFocus' analysis, Hefei Metalforming Intelligent Manufacturing Co stock appears to be overvalued.
The current stock price of ¥20.62 is trading 95.8% above its estimated GF Value™ of ¥10.53.
GuruFocus considers Hefei Metalforming Intelligent Manufacturing Co to be Significantly Overvalued.
Key valuation signals for SHSE:603011:
Altman Z2-Score: 1.45 (60% below median its 10-year median of 3.66)
GF Value™: ¥10.53 vs. price of ¥20.62 (95.8% above fair value)
Industry Position: 65.8% below the Industrial Products median (#2430 of 2988)
No single metric tells the full story. See the SHSE:603011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hefei Metalforming Intelligent Manufacturing Co Ltd is engaged in the manufacturing of hydraulic press, mechanical press and other intelligent forming equipment and industrial automation equipment. The company's products and services offerings include Precision drop forging hydraulic press, Pipe straightening machine, Elbow forging hydraulic press, Door plank automatic production line, Internal high pressure forming equipment and others. It provides its solutions to Metal forming field, a Non-metal material forming, Vessal field, Aerospace field, Automobile manufacturing field, Light industry and home, Petrochemical pipe fittings field, Rail transportation field, and others.
55GF Score
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