Sichuan Teway Food Group Co (SHSE:603317) Altman Z2-Score: 11.18 (As of Aug. 02, 2026) — Near Median

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SHSE:603317 Sichuan Teway Food Group Co Ltd SHSE:603317
99 GF Score
Price ¥15.16
GF Value ¥15.80
Valuation Fairly Valued
! 2 Warning Signs
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What is Sichuan Teway Food Group Co Altman Z2-Score?

Sichuan Teway Food Group Co SHSE:603317 +1.00% 99 Altman Z2-Score is 11.18 as of Aug. 02, 2026, which is 1% above its 10-year median of 11.02. GuruFocus rates SHSE:603317 with a GF Score™ of 99/100 and a GF Value™ of ¥15.80 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,941 Consumer Packaged Goods companies, Sichuan Teway Food Group Co ranks better than 91.6% 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:

Sichuan Teway Food Group Co has a Altman Z2-Score of 11.18, 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 Sichuan Teway Food Group Co's Altman Z2-Score or its related term are showing as below:

SHSE:603317' s Altman Z2-Score Range Over the Past 10 Years
Min: 7.91   Med: 11.02   Max: 14.66
Current: 11.18

During the past 13 years, Sichuan Teway Food Group Co's highest Altman Z2-Score was 14.66. The lowest was 7.91. And the median was 11.02.


Sichuan Teway Food Group Co  (SHSE:603317) 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.


Sichuan Teway Food Group Co Altman Z2-Score Related Terms


Sichuan Teway Food Group Co Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Sichuan Teway Food 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.

Sichuan Teway Food Group Co Altman Z2-Score Chart

Sichuan Teway Food Group Co 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 14.66 9.94 9.93 9.78 10.01

Sichuan Teway Food Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 11.02 9.94 8.72 10.01 11.18

SHSE:603317 vs KHC, GIS: Altman Z2-Score Comparison

For the Packaged Foods subindustry, Sichuan Teway Food 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.


Sichuan Teway Food Group Co Altman Z2-Score vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Sichuan Teway Food Group Co's Altman Z2-Score falls into.


SHSE:603317
99GF Score
Sichuan Teway Food Group Co Ltd SHSE:603317
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Sichuan Teway Food 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.

Sichuan Teway Food 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*0.53+3.26*0.3008+6.72*0.1647+1.05*5.352
=11.18

* 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 Mar. 2026:
Total Assets was ¥5,866 Mil.
Total Current Assets was ¥3,981 Mil.
Total Current Liabilities was ¥872 Mil.
Retained Earnings was ¥1,765 Mil.
Pre-Tax Income was 321.893 + 237.629 + 256.327 + 149.131 = ¥965 Mil.
Interest Expense was -0.972 + 0.445 + -0.294 + -0.139 = ¥-1 Mil.
Total Liabilities was ¥889 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
=(3980.921 - 872.343)/5865.658
=0.53

X2=Retained Earnings/Total Assets
=1764.562/5865.658
=0.3008

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(964.98 - -0.96)/5865.658
=0.1647

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(4756.565 - 0)/888.751
=5.352

The zones of discrimination were as such:

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

Sichuan Teway Food Group Co has a Altman Z2-Score of 11.18 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 11.18 mean?
Sichuan Teway Food Group Co (SHSE:603317) has a Altman Z2-Score of 11.18 as of Aug. 02, 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 Sichuan Teway Food Group Co and its competitors. This is near median its historical median of 11.02. Over the past decade, Sichuan Teway Food Group Co's Altman Z2-Score has ranged from 7.91 to 14.66. According to the industry distribution chart, Sichuan Teway Food Group Co ranks #163 out of 1941 companies in the Consumer Packaged Goods industry, placing it in the top 8.4%.
Is Sichuan Teway Food Group Co's Altman Z2-Score too high?
Sichuan Teway Food Group Co's current Altman Z2-Score of 11.18 is near median its 10-year median of 11.02. Over the past 10 years, this metric has ranged from a low of 7.91 to a high of 14.66. The Consumer Packaged Goods industry median Altman Z2-Score is 3.73. Sichuan Teway Food Group Co's value of 11.18 is 199.7% above this industry median. Based on the distribution chart, Sichuan Teway Food Group Co ranks #163 out of 1941 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Sichuan Teway Food Group Co has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sichuan Teway Food Group Co's Altman Z2-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Sichuan Teway Food Group Co ranks #163 out of 1941 companies for Altman Z2-Score. This places Sichuan Teway Food Group Co in the top 8% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 3.73. Sichuan Teway Food Group Co's value of 11.18 is 199.7% above this benchmark. Historically, Sichuan Teway Food Group Co's own Altman Z2-Score has ranged from 7.91 to 14.66 over the past decade. While the company's 10-year median is 11.02 vs. the industry median of 3.73, Sichuan Teway Food 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 3.73, based on 1,941 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. Sichuan Teway Food Group Co's current Altman Z2-Score of 11.18 is 199.7% 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 Sichuan Teway Food Group Co and its competitors. For the Consumer Packaged Goods industry, the median Altman Z2-Score is 3.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sichuan Teway Food Group Co's current Altman Z2-Score is 11.18, which is near median its own 10-year median of 11.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sichuan Teway Food Group Co stock overvalued right now?
Based on GuruFocus' analysis, Sichuan Teway Food Group Co (SHSE:603317) is currently considered Fairly Valued. The stock's GF Value™ is ¥15.80, compared to a current price of ¥15.16 — trading 4.1% below its estimated fair value. The current Altman Z2-Score is 11.18, which is near median its 10-year median of 11.02 and 199.7% above the Consumer Packaged Goods industry median of 3.73. Sichuan Teway Food Group Co's overall GF Score™ is 99/100 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 Sichuan Teway Food Group Co (SHSE:603317), the current Altman Z2-Score is 11.18 as of Aug. 02, 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 Sichuan Teway Food Group Co (SHSE:603317) Overvalued in 2026?

Based on GuruFocus' analysis, Sichuan Teway Food Group Co stock appears to be undervalued. The current stock price of ¥15.16 is trading 4.1% below its estimated GF Value™ of ¥15.80. GuruFocus considers Sichuan Teway Food Group Co to be Fairly Valued.

Key valuation signals for SHSE:603317:

  • Altman Z2-Score: 11.18 (near median its 10-year median of 11.02)
  • GF Value™: ¥15.80 vs. price of ¥15.16 (4.1% below fair value)
  • GF Score™: 99/100 with 2 warning signs
  • Industry Position: 199.7% above the Consumer Packaged Goods median (#163 of 1941)

No single metric tells the full story. See the SHSE:603317 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sichuan Teway Food Group Co Business Description

Address No. 333, Tengfei 1st Road, Xihanggang Street, Shuangliu District, Sichuan, Chengdu, CHN, 610200
Sichuan Teway Food Group Co Ltd is engaged in the research, development, production, and sale of flavor compound seasonings. Geographically, the activities are carried out through China.
99GF Score

Get the complete analysis for SHSE:603317

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

¥15.16
Price
¥15.80
GF Value