Hock Soon Capital Bhd (XKLS:5346) Altman Z2-Score: 12.47 (As of Jul. 12, 2026) — 24% Below Median


XKLS:5346 Hock Soon Capital Bhd XKLS:5346
21 GF Score
Price RM0.33
! 4 Warning Signs
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What is Hock Soon Capital Bhd Altman Z2-Score?

Hock Soon Capital Bhd XKLS:5346 +4.84% 21 Altman Z2-Score is 12.47 as of Jul. 12, 2026, which is 24% below its 10-year median of 16.32. GuruFocus rates XKLS:5346 with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 1,967 Consumer Packaged Goods companies, Hock Soon Capital Bhd ranks better than 93.49% 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:

Hock Soon Capital Bhd has a Altman Z2-Score of 12.47, 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 Hock Soon Capital Bhd's Altman Z2-Score or its related term are showing as below:

XKLS:5346' s Altman Z2-Score Range Over the Past 10 Years
Min: 12.47   Med: 16.32   Max: 20.65
Current: 12.47

During the past 4 years, Hock Soon Capital Bhd's highest Altman Z2-Score was 20.65. The lowest was 12.47. And the median was 16.32.


Hock Soon Capital Bhd  (XKLS:5346) 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.


Hock Soon Capital Bhd Altman Z2-Score Related Terms


Hock Soon Capital Bhd Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Hock Soon Capital 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.

Hock Soon Capital Bhd Altman Z2-Score Chart

Hock Soon Capital Bhd Annual Data
Trend Sep22 Sep23 Sep24 Sep25
Altman Z2-Score
20.65 17.88 14.75 12.47

Hock Soon Capital Bhd Semi-Annual Data
Sep22 Sep23 Sep24 Sep25 Mar26
Altman Z2-Score 20.65 17.88 14.75 12.47 0.00

XKLS:5346 vs ADM, BG, TSN: Altman Z2-Score Comparison

For the Farm Products subindustry, Hock Soon Capital 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.


Hock Soon Capital Bhd Altman Z2-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hock Soon Capital Bhd's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Hock Soon Capital Bhd's Altman Z2-Score falls into.


XKLS:5346
21GF Score
Hock Soon Capital Bhd XKLS:5346
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Hock Soon Capital 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.

Hock Soon Capital 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*0.6887+3.26*0.5371+6.72*0.2303+1.05*4.4333
=12.47

* 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 Sep. 2025:
Total Assets was RM245.30 Mil.
Total Current Assets was RM180.41 Mil.
Total Current Liabilities was RM11.47 Mil.
Retained Earnings was RM131.75 Mil.
Pre-Tax Income was RM56.01 Mil.
Interest Expense was RM-0.49 Mil.
Total Liabilities was RM45.14 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
=(180.411 - 11.472)/245.301
=0.6887

X2=Retained Earnings/Total Assets
=131.753/245.301
=0.5371

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(56.011 - -0.486)/245.301
=0.2303

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(200.13 - 0)/45.142
=4.4333

The zones of discrimination were as such:

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

Hock Soon Capital Bhd has a Altman Z2-Score of 12.47 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 12.47 mean?
Hock Soon Capital Bhd (XKLS:5346) has a Altman Z2-Score of 12.47 as of Jul. 12, 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 Hock Soon Capital Bhd and its competitors. This is 24% below median its historical median of 16.32. Over the past decade, Hock Soon Capital Bhd's Altman Z2-Score has ranged from 12.47 to 20.65. According to the industry distribution chart, Hock Soon Capital Bhd ranks #128 out of 1967 companies in the Consumer Packaged Goods industry, placing it in the top 6.5%.
Is Hock Soon Capital Bhd's Altman Z2-Score too high?
Hock Soon Capital Bhd's current Altman Z2-Score of 12.47 is 24% below median its 10-year median of 16.32. Over the past 10 years, this metric has ranged from a low of 12.47 to a high of 20.65. The Consumer Packaged Goods industry median Altman Z2-Score is 3.73. Hock Soon Capital Bhd's value of 12.47 is 234.3% above this industry median. Based on the distribution chart, Hock Soon Capital Bhd ranks #128 out of 1967 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Hock Soon Capital Bhd has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Hock Soon Capital Bhd's Altman Z2-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Hock Soon Capital Bhd ranks #128 out of 1967 companies for Altman Z2-Score. This places Hock Soon Capital Bhd in the top 7% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 3.73. Hock Soon Capital Bhd's value of 12.47 is 234.3% above this benchmark. Historically, Hock Soon Capital Bhd's own Altman Z2-Score has ranged from 12.47 to 20.65 over the past decade. While the company's 10-year median is 16.32 vs. the industry median of 3.73, Hock Soon Capital 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 Consumer Packaged Goods company?
The median Altman Z2-Score among Consumer Packaged Goods companies is 3.73, based on 1,967 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. Hock Soon Capital Bhd's current Altman Z2-Score of 12.47 is 234.3% 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 Hock Soon Capital Bhd 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. Hock Soon Capital Bhd's current Altman Z2-Score is 12.47, which is 24% below median its own 10-year median of 16.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hock Soon Capital Bhd stock overvalued right now?
Hock Soon Capital Bhd (XKLS:5346) has a current Altman Z2-Score of 12.47. The current Altman Z2-Score is 12.47, which is 24% below median its 10-year median of 16.32 and 234.3% above the Consumer Packaged Goods industry median of 3.73. Hock Soon Capital Bhd's overall GF Score™ is 21/100 with 4 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 Hock Soon Capital Bhd (XKLS:5346), the current Altman Z2-Score is 12.47 as of Jul. 12, 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.

Hock Soon Capital Bhd Business Description

Address Batu 4, Jalan Sungkai, Bidor, Batu, PRK, MYS, 35500
Hock Soon Capital Bhd is engaged in poultry farming. The company is engaged in raising chickens to produce and sell table eggs. The company offer both ordinary eggs with basic nutrition and premium eggs enriched with added nutrients, sold under QPlus or customers own brands.
21GF Score

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

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