Gold Li Holdings Bhd (XKLS:0452) Altman Z2-Score: 4.99 (As of Jul. 13, 2026) — Near Median


What is Gold Li Holdings Bhd Altman Z2-Score?

Gold Li Holdings Bhd XKLS:0452 Altman Z2-Score is 4.99 as of Jul. 13, 2026, which is 2% below its 10-year median of 5.10. The stock has 3 warning signs investors should review. Among 1,775 Real Estate companies, Gold Li Holdings Bhd ranks better than 71.61% 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:

Gold Li Holdings Bhd has a Altman Z2-Score of 4.99, 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 Gold Li Holdings Bhd's Altman Z2-Score or its related term are showing as below:

XKLS:0452' s Altman Z2-Score Range Over the Past 10 Years
Min: 4.99   Med: 5.1   Max: 6.34
Current: 4.99

During the past 3 years, Gold Li Holdings Bhd's highest Altman Z2-Score was 6.34. The lowest was 4.99. And the median was 5.10.


Gold Li Holdings Bhd  (XKLS:0452) 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.


Gold Li Holdings Bhd Altman Z2-Score Related Terms


Gold Li Holdings Bhd Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Gold Li Holdings Bhd'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.

Gold Li Holdings Bhd Altman Z2-Score Chart

Gold Li Holdings Bhd Annual Data
Trend Jan23 Jan24 Jan25
Altman Z2-Score
6.34 5.10 4.99

Gold Li Holdings Bhd Semi-Annual Data
Jan23 Jan24 Jan25
Altman Z2-Score 6.34 5.10 4.99

Gold Li Holdings Bhd Altman Z2-Score Competitor Comparison

For the Real Estate - Development subindustry, Gold Li Holdings Bhd'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.


Gold Li Holdings Bhd Altman Z2-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Gold Li Holdings Bhd's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Gold Li Holdings Bhd's Altman Z2-Score falls into.



Gold Li Holdings Bhd 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.

Gold Li Holdings Bhd'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*0.2796+3.26*0.5034+6.72*0.0571+1.05*1.0759
=4.99

* 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 Jan. 2025:
Total Assets was RM205.72 Mil.
Total Current Assets was RM132.38 Mil.
Total Current Liabilities was RM74.85 Mil.
Retained Earnings was RM103.57 Mil.
Pre-Tax Income was RM10.61 Mil.
Interest Expense was RM-1.13 Mil.
Total Liabilities was RM99.10 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
=(132.375 - 74.85)/205.715
=0.2796

X2=Retained Earnings/Total Assets
=103.566/205.715
=0.5034

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(10.611 - -1.134)/205.715
=0.0571

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(106.616 - 0)/99.099
=1.0759

The zones of discrimination were as such:

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

Gold Li Holdings Bhd has a Altman Z2-Score of 4.99 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 4.99 mean?
Gold Li Holdings Bhd (XKLS:0452) has a Altman Z2-Score of 4.99 as of Jul. 13, 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 Gold Li Holdings Bhd and its competitors. This is near median its historical median of 5.10. Over the past decade, Gold Li Holdings Bhd's Altman Z2-Score has ranged from 4.99 to 6.34. According to the industry distribution chart, Gold Li Holdings Bhd ranks #504 out of 1775 companies in the Real Estate industry, placing it in the top 28.4%.
Is Gold Li Holdings Bhd's Altman Z2-Score too high?
Gold Li Holdings Bhd's current Altman Z2-Score of 4.99 is near median its 10-year median of 5.10. Over the past 10 years, this metric has ranged from a low of 4.99 to a high of 6.34. The Real Estate industry median Altman Z2-Score is 3.01. Gold Li Holdings Bhd's value of 4.99 is 65.8% above this industry median. Based on the distribution chart, Gold Li Holdings Bhd ranks #504 out of 1775 companies in the Real Estate industry, which is above the industry midpoint.
How does Gold Li Holdings Bhd's Altman Z2-Score compare to competitors?
According to the Real Estate industry distribution chart, Gold Li Holdings Bhd ranks #504 out of 1775 companies for Altman Z2-Score. This puts Gold Li Holdings Bhd in the upper half of its industry. The industry median Altman Z2-Score is 3.01. Gold Li Holdings Bhd's value of 4.99 is 65.8% above this benchmark. Historically, Gold Li Holdings Bhd's own Altman Z2-Score has ranged from 4.99 to 6.34 over the past decade. While the company's 10-year median is 5.10 vs. the industry median of 3.01, Gold Li Holdings Bhd 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 Real Estate company?
The median Altman Z2-Score among Real Estate companies is 3.01, based on 1,775 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. Gold Li Holdings Bhd's current Altman Z2-Score of 4.99 is 65.8% 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 Gold Li Holdings Bhd and its competitors. For the Real Estate industry, the median Altman Z2-Score is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gold Li Holdings Bhd's current Altman Z2-Score is 4.99, which is near median its own 10-year median of 5.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Li Holdings Bhd stock overvalued right now?
Gold Li Holdings Bhd (XKLS:0452) has a current Altman Z2-Score of 4.99. The current Altman Z2-Score is 4.99, which is near median its 10-year median of 5.10 and 65.8% above the Real Estate industry median of 3.01. 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 Gold Li Holdings Bhd (XKLS:0452), the current Altman Z2-Score is 4.99 as of Jul. 13, 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.

Gold Li Holdings Bhd Business Description

Address 1201-6, Jalan Perniagaan Jaya 5, Pusat Perniagaan Mas Jaya, Muar, JHR, MYS, 84000
Gold Li Holdings Bhd is principally engaged in investment holding and provision of management services. Through its subsidiaries, the company is a property developer, specialising in the development of landed residential properties, located in the districts of Muar, Tangkak and Batu Pahat in the state of Johor, Malaysia. Its residential property developments comprise terrace, semi-detached and detached houses. The company operates predominantly in one business segment in Malaysia, namely property developer which comprises development of residential and commercial properties. Its revenue is mainly derived from the sale of ongoing property developments and completed developments.