Chuan Huat Resources Bhd (XKLS:7016) Altman Z2-Score: 2.15 (As of Jul. 03, 2026) — Near Median


XKLS:7016 Chuan Huat Resources Bhd XKLS:7016
25 GF Score
Price RM0.21
GF Value RM0.36
Valuation Possible Value Trap
! 7 Warning Signs
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What is Chuan Huat Resources Bhd Altman Z2-Score?

Chuan Huat Resources Bhd XKLS:7016 25 Altman Z2-Score is 2.15 as of Jul. 03, 2026, which is 6% below its 10-year median of 2.28. GuruFocus rates XKLS:7016 with a GF Score™ of 25/100 and a GF Value™ of RM0.36 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,762 Construction companies, Chuan Huat Resources Bhd ranks worse than 64.76% 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.

Chuan Huat Resources Bhd has a Altman Z2-Score of 2.15, indicating it is in Grey Zones. This implies that Chuan Huat Resources Bhd 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.

The historical rank and industry rank for Chuan Huat Resources Bhd's Altman Z2-Score or its related term are showing as below:

XKLS:7016' s Altman Z2-Score Range Over the Past 10 Years
Min: 1.67   Med: 2.28   Max: 3.32
Current: 2.15

During the past 13 years, Chuan Huat Resources Bhd's highest Altman Z2-Score was 3.32. The lowest was 1.67. And the median was 2.28.


Chuan Huat Resources Bhd  (XKLS:7016) 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.


Chuan Huat Resources Bhd Altman Z2-Score Related Terms


Chuan Huat Resources Bhd Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Chuan Huat Resources 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.

Chuan Huat Resources Bhd Altman Z2-Score Chart

Chuan Huat Resources Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Jun21 Jun22 Jun23 Jun24 Jun25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.06 2.66 2.30 2.28 2.15

Chuan Huat Resources Bhd 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 1.80 2.15 2.10 1.69 2.15

XKLS:7016 vs TT, JCI, CARR: Altman Z2-Score Comparison

For the Building Products & Equipment subindustry, Chuan Huat Resources 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.


Chuan Huat Resources Bhd Altman Z2-Score vs Construction Industry

For the Construction industry and Industrials sector, Chuan Huat Resources Bhd's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Chuan Huat Resources Bhd's Altman Z2-Score falls into.


XKLS:7016
25GF Score
Chuan Huat Resources Bhd XKLS:7016
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Chuan Huat Resources 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.

Chuan Huat Resources 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*0.0886+3.26*0.133+6.72*0.0048+1.05*1.0508
=2.15

* 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 RM592.1 Mil.
Total Current Assets was RM289.0 Mil.
Total Current Liabilities was RM236.5 Mil.
Retained Earnings was RM78.8 Mil.
Pre-Tax Income was -2.758 + -1.254 + -0.044 + -4.217 = RM-8.3 Mil.
Interest Expense was -2.648 + -2.715 + -2.853 + -2.916 = RM-11.1 Mil.
Total Liabilities was RM282.9 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
=(288.989 - 236.527)/592.091
=0.0886

X2=Retained Earnings/Total Assets
=78.768/592.091
=0.133

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-8.273 - -11.132)/592.091
=0.0048

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(297.312 - 0)/282.947
=1.0508

The zones of discrimination were as such:

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

Chuan Huat Resources Bhd has a Altman Z2-Score of 2.15 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 2.15 mean?
Chuan Huat Resources Bhd (XKLS:7016) has a Altman Z2-Score of 2.15 as of Jul. 03, 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 Chuan Huat Resources Bhd and its competitors. This is near median its historical median of 2.28. Over the past decade, Chuan Huat Resources Bhd's Altman Z2-Score has ranged from 1.67 to 3.32. According to the industry distribution chart, Chuan Huat Resources Bhd ranks #1141 out of 1762 companies in the Construction industry, placing it in the top 64.8%.
Is Chuan Huat Resources Bhd's Altman Z2-Score too high?
Chuan Huat Resources Bhd's current Altman Z2-Score of 2.15 is near median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 3.32. The Construction industry median Altman Z2-Score is 3.21. Chuan Huat Resources Bhd's value of 2.15 is 33% below this industry median. Based on the distribution chart, Chuan Huat Resources Bhd ranks #1141 out of 1762 companies in the Construction industry, which is below the industry midpoint. Overall, Chuan Huat Resources Bhd has a GF Score™ of 25/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chuan Huat Resources Bhd's Altman Z2-Score compare to TT and JCI?
According to the Construction industry distribution chart, Chuan Huat Resources Bhd ranks #1141 out of 1762 companies for Altman Z2-Score. This places Chuan Huat Resources Bhd in the lower half of its industry. The industry median Altman Z2-Score is 3.21. Chuan Huat Resources Bhd's value of 2.15 is 33% below this benchmark. Historically, Chuan Huat Resources Bhd's own Altman Z2-Score has ranged from 1.67 to 3.32 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 3.21, Chuan Huat Resources Bhd 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 a Construction company?
The median Altman Z2-Score among Construction companies is 3.21, based on 1,762 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. Chuan Huat Resources Bhd's current Altman Z2-Score of 2.15 is 33% 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 Chuan Huat Resources Bhd and its competitors. For the Construction industry, the median Altman Z2-Score is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chuan Huat Resources Bhd's current Altman Z2-Score is 2.15, which is near median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chuan Huat Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, Chuan Huat Resources Bhd (XKLS:7016) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.36, compared to a current price of RM0.21 — trading 41.7% below its estimated fair value. The current Altman Z2-Score is 2.15, which is near median its 10-year median of 2.28 and 33% below the Construction industry median of 3.21. Chuan Huat Resources Bhd's overall GF Score™ is 25/100 with 7 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 Chuan Huat Resources Bhd (XKLS:7016), the current Altman Z2-Score is 2.15 as of Jul. 03, 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 Chuan Huat Resources Bhd (XKLS:7016) Overvalued in 2026?

Based on GuruFocus' analysis, Chuan Huat Resources Bhd stock appears to be undervalued. The current stock price of RM0.21 is trading 41.7% below its estimated GF Value™ of RM0.36. GuruFocus considers Chuan Huat Resources Bhd to be Possible Value Trap.

Key valuation signals for XKLS:7016:

  • Altman Z2-Score: 2.15 (near median its 10-year median of 2.28)
  • GF Value™: RM0.36 vs. price of RM0.21 (41.7% below fair value)
  • GF Score™: 25/100 with 7 warning signs
  • Industry Position: 33% below the Construction median (#1141 of 1762)

No single metric tells the full story. See the XKLS:7016 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chuan Huat Resources Bhd Business Description

Address 3 Miles, Off Jalan Sungai Besi, Lot 50A, Jalan 1/89B, Wisma Lim Kim Chuan, Kuala Lumpur, SGR, MYS, 57100
Chuan Huat Resources Bhd is engaged in the building material business sector. The company operates in segments that are Hardware and Building materials, Retailing of IT related - products, Property, Restaurant Operations, and Corporate. In terms of revenue, the company earns majority of its revenue from the sales of Hardware and Building Materials. The company only has its operations present in Malaysia.
25GF Score

Get the complete analysis for XKLS:7016

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

RM0.21
Price
RM0.36
GF Value