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Henan Chicheng Electric CoBJSE:920407 77 Altman Z-Score is 6.65 as of Aug. 17, 2026, which is 27% below its 10-year median of 9.13. GuruFocus rates BJSE:920407 with a GF Score™ of 77/100 and a GF Value™ of ¥14.76 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,762 Construction companies, Henan Chicheng Electric Co ranks better than 91.49% on this metric.
The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.
Good Sign:
Altman Z-score of 6.65 is strong.
Henan Chicheng Electric Co has a Altman Z-Score of 6.65, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for Henan Chicheng Electric Co's Altman Z-Score or its related term are showing as below:
BJSE:920407'
s Altman Z-Score Range Over the Past 10 Years
Min: 5.27 Med: 9.13 Max: 13.11
Current: 6.65
During the past 13 years, Henan Chicheng Electric Co's highest Altman Z-Score was 13.11. The lowest was 5.27. And the median was 9.13.
Henan Chicheng Electric Co (BJSE:920407) Altman Z-Score Explanation
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, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
* 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.
BJSE:920407 vs TT, JCI, CARR: Altman Z-Score Comparison
For the Building Products & Equipment subindustry, Henan Chicheng Electric Co's Altman Z-Score, along with its competitors' market caps and Altman Z-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.
Henan Chicheng Electric Co Altman Z-Score vs Construction Industry
For the Construction industry and Industrials sector, Henan Chicheng Electric Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Henan Chicheng Electric Co's Altman Z-Score falls into.
Henan Chicheng Electric Co Altman Z-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.
* 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 Z-Score when X4 or X5 value is 0.
Henan Chicheng Electric Co (BJSE:920407) has a Altman Z-Score of 6.65 as of Aug. 17, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Henan Chicheng Electric Co and its competitors. This is 27% below median its historical median of 9.13. Over the past decade, Henan Chicheng Electric Co's Altman Z-Score has ranged from 5.27 to 13.11. According to the industry distribution chart, Henan Chicheng Electric Co ranks #150 out of 1762 companies in the Construction industry, placing it in the top 8.5%.
Is Henan Chicheng Electric Co's Altman Z-Score too high?
Henan Chicheng Electric Co's current Altman Z-Score of 6.65 is 27% below median its 10-year median of 9.13. Over the past 10 years, this metric has ranged from a low of 5.27 to a high of 13.11. The Construction industry median Altman Z-Score is 2.31. Henan Chicheng Electric Co's value of 6.65 is 188.5% above this industry median. Based on the distribution chart, Henan Chicheng Electric Co ranks #150 out of 1762 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Henan Chicheng Electric Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Henan Chicheng Electric Co's Altman Z-Score compare to TT and JCI?
According to the Construction industry distribution chart, Henan Chicheng Electric Co ranks #150 out of 1762 companies for Altman Z-Score. This places Henan Chicheng Electric Co in the top 9% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.31. Henan Chicheng Electric Co's value of 6.65 is 188.5% above this benchmark. Historically, Henan Chicheng Electric Co's own Altman Z-Score has ranged from 5.27 to 13.11 over the past decade. While the company's 10-year median is 9.13 vs. the industry median of 2.31, Henan Chicheng Electric 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 Z-Score for a Construction company?
The median Altman Z-Score among Construction companies is 2.31, based on 1,762 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Henan Chicheng Electric Co's current Altman Z-Score of 6.65 is 188.5% 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 Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Henan Chicheng Electric Co and its competitors. For the Construction industry, the median Altman Z-Score is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Henan Chicheng Electric Co's current Altman Z-Score is 6.65, which is 27% below median its own 10-year median of 9.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Chicheng Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Chicheng Electric Co (BJSE:920407) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.76, compared to a current price of ¥10.61 — trading 28.1% below its estimated fair value. The current Altman Z-Score is 6.65, which is 27% below median its 10-year median of 9.13 and 188.5% above the Construction industry median of 2.31. Henan Chicheng Electric Co's overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Henan Chicheng Electric Co (BJSE:920407), the current Altman Z-Score is 6.65 as of Aug. 17, 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 Henan Chicheng Electric Co (BJSE:920407) Overvalued in 2026?
Based on GuruFocus' analysis, Henan Chicheng Electric Co stock appears to be undervalued.
The current stock price of ¥10.61 is trading 28.1% below its estimated GF Value™ of ¥14.76.
GuruFocus considers Henan Chicheng Electric Co to be Modestly Undervalued.
Key valuation signals for BJSE:920407:
Altman Z-Score: 6.65 (27% below median its 10-year median of 9.13)
GF Value™: ¥14.76 vs. price of ¥10.61 (28.1% below fair value)
Industry Position: 188.5% above the Construction median (#150 of 1762)
No single metric tells the full story. See the BJSE:920407 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressNo. 11, Changchun Road, Floor 17, Building B, Building 5, National University Science and Technology Park, High-tech Zone, Henan Province, Zhengzhou City, CHN, 450000
Henan Chicheng Electric Co Ltd is an enterprise integrating product research and development, manufacturing, marketing, and customer service. It is a manufacturer and supplier of gas safety products and system solutions. Its main products are: gas Detection and alarm instruments, alarm control systems and supporting equipment, intelligent sensors, safety and environmental protection analysis instruments and systems, safety monitoring software systems, smart cloud platforms, etc., which are widely used in electric power, electronics, metallurgy, chemical industry, petroleum, coal, mining, railways, medicine, and scientific research institutions.
77GF Score
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