Hua Na Hydropower JSCSTC:HNA +5.03%43 Altman Z2-Score is 11.00 as of Jul. 05, 2026, which is 20% above its 10-year median of 9.18. GuruFocus rates STC:HNA with a GF Score™ of 43/100. The stock has 1 warning sign investors should review. Among 437 Utilities - Independent Power Producers companies, Hua Na Hydropower JSC ranks better than 93.36% 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:
Hua Na Hydropower JSC has a Altman Z2-Score of 11.00, 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 Hua Na Hydropower JSC's Altman Z2-Score or its related term are showing as below:
STC:HNA'
s Altman Z2-Score Range Over the Past 10 Years
Min: 5.96 Med: 9.18 Max: 19.49
Current: 11
During the past 3 years, Hua Na Hydropower JSC's highest Altman Z2-Score was 19.49. The lowest was 5.96. And the median was 9.18.
Hua Na Hydropower JSC (STC:HNA) 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.
Altman Z2-Score does not apply to financial companies.
Hua Na Hydropower JSC Altman Z2-Score Related Terms
Hua Na Hydropower JSC Altman Z2-Score Historical Data
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The historical data trend for Hua Na Hydropower JSC'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.
Hua Na Hydropower JSC Altman Z2-Score Competitor Comparison
For the Utilities - Renewable subindustry, Hua Na Hydropower JSC'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.
Hua Na Hydropower JSC Altman Z2-Score vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Hua Na Hydropower JSC's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Hua Na Hydropower JSC'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.
Hua Na Hydropower JSC (STC:HNA) has a Altman Z2-Score of 11.00 as of Jul. 05, 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 Hua Na Hydropower JSC and its competitors. This is 20% above median its historical median of 9.18. Over the past decade, Hua Na Hydropower JSC's Altman Z2-Score has ranged from 5.96 to 19.49. According to the industry distribution chart, Hua Na Hydropower JSC ranks #29 out of 437 companies in the Utilities - Independent Power Producers industry, placing it in the top 6.6%.
Is Hua Na Hydropower JSC's Altman Z2-Score too high?
Hua Na Hydropower JSC's current Altman Z2-Score of 11.00 is 20% above median its 10-year median of 9.18. Over the past 10 years, this metric has ranged from a low of 5.96 to a high of 19.49. The Utilities - Independent Power Producers industry median Altman Z2-Score is 1.72. Hua Na Hydropower JSC's value of 11.00 is 539.5% above this industry median. Based on the distribution chart, Hua Na Hydropower JSC ranks #29 out of 437 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Hua Na Hydropower JSC has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Hua Na Hydropower JSC's Altman Z2-Score compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Hua Na Hydropower JSC ranks #29 out of 437 companies for Altman Z2-Score. This places Hua Na Hydropower JSC in the top 7% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 1.72. Hua Na Hydropower JSC's value of 11.00 is 539.5% above this benchmark. Historically, Hua Na Hydropower JSC's own Altman Z2-Score has ranged from 5.96 to 19.49 over the past decade. While the company's 10-year median is 9.18 vs. the industry median of 1.72, Hua Na Hydropower JSC 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 Utilities - Independent Power Producers company?
The median Altman Z2-Score among Utilities - Independent Power Producers companies is 1.72, based on 437 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. Hua Na Hydropower JSC's current Altman Z2-Score of 11.00 is 539.5% 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 Hua Na Hydropower JSC and its competitors. For the Utilities - Independent Power Producers industry, the median Altman Z2-Score is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hua Na Hydropower JSC's current Altman Z2-Score is 11.00, which is 20% above median its own 10-year median of 9.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hua Na Hydropower JSC stock overvalued right now?
Hua Na Hydropower JSC (STC:HNA) has a current Altman Z2-Score of 11.00. The current Altman Z2-Score is 11.00, which is 20% above median its 10-year median of 9.18 and 539.5% above the Utilities - Independent Power Producers industry median of 1.72. Hua Na Hydropower JSC's overall GF Score™ is 43/100 with 1 warning sign 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 Hua Na Hydropower JSC (STC:HNA), the current Altman Z2-Score is 11.00 as of Jul. 05, 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.
Hua Na Hydropower JSC operates in electric power generation. The principal business activities are to manage and operate the Hua Na Hydropower Plant and the Nam Non Hydropower Plant. The company also engaged in Electricity production, electricity transmission and distribution, Iron ore mining, electrical system installation, trading machinery, equipment, and other machine parts, other specialized construction activities, Trading in real estate, and the rest of the other business.
43GF Score
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