Beijing Nutrichem Co (BJSE:920819) Altman Z-Score: 0.80 (As of Sep. 08, 2026) — 33% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BJSE:920819 Beijing Nutrichem Co Ltd BJSE:920819
56 GF Score
Price ¥3.29
GF Value ¥3.85
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Beijing Nutrichem Co Altman Z-Score?

Beijing Nutrichem Co BJSE:920819 56 Altman Z-Score is 0.80 as of Sep. 08, 2026, which is 33% below its 10-year median of 1.19. GuruFocus rates BJSE:920819 with a GF Score™ of 56/100 and a GF Value™ of ¥3.85 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 248 Agriculture companies, Beijing Nutrichem Co ranks worse than 89.92% 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.

Warning Sign:

Altman Z-score of 0.79 is in distress zone. This implies bankruptcy possibility in the next two years.

Beijing Nutrichem Co has a Altman Z-Score of 0.80, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Beijing Nutrichem Co's Altman Z-Score or its related term are showing as below:

BJSE:920819' s Altman Z-Score Range Over the Past 10 Years
Min: 0.6   Med: 1.19   Max: 1.8
Current: 0.79

During the past 13 years, Beijing Nutrichem Co's highest Altman Z-Score was 1.80. The lowest was 0.60. And the median was 1.19.


Beijing Nutrichem Co  (BJSE:920819) 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.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Beijing Nutrichem Co Altman Z-Score Related Terms


Beijing Nutrichem Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Beijing Nutrichem Co's Altman Z-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.

Beijing Nutrichem Co Altman Z-Score Chart

Beijing Nutrichem Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.46 1.79 1.08 0.68 0.82

Beijing Nutrichem Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Altman Z-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 0.86 0.95 0.82 0.82 0.71

BJSE:920819 vs CTVA, CF, MOS: Altman Z-Score Comparison

For the Agricultural Inputs subindustry, Beijing Nutrichem 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.


Beijing Nutrichem Co Altman Z-Score vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Beijing Nutrichem Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Beijing Nutrichem Co's Altman Z-Score falls into.


BJSE:920819
56GF Score
Beijing Nutrichem Co Ltd BJSE:920819
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Beijing Nutrichem 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.

Beijing Nutrichem Co's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*-0.0959+1.4*0.0385+3.3*-0.004+0.6*0.6391+1.0*0.4869
=0.80

* 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.

Trailing Twelve Months (TTM) ended in Jun. 2026:
Total Assets was ¥11,045 Mil.
Total Current Assets was ¥4,108 Mil.
Total Current Liabilities was ¥5,167 Mil.
Retained Earnings was ¥426 Mil.
Pre-Tax Income was 44.33 + -3.997 + -223.62 + -26.866 = ¥-210 Mil.
Interest Expense was -38.201 + -37.861 + -50.214 + -40.051 = ¥-166 Mil.
Revenue was 1408.136 + 1355.49 + 1208.291 + 1405.947 = ¥5,378 Mil.
Market Cap (Today) was ¥4,033 Mil.
Total Liabilities was ¥6,310 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
=(4108.191 - 5166.98)/11044.917
=-0.0959

X2=Retained Earnings/Total Assets
=425.686/11044.917
=0.0385

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-210.153 - -166.327)/11044.917
=-0.004

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=4032.882/6310.197
=0.6391

X5=Revenue/Total Assets
=5377.864/11044.917
=0.4869

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Beijing Nutrichem Co has a Altman Z-Score of 0.80 indicating it is in Distress Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 0.80 mean?
Beijing Nutrichem Co (BJSE:920819) has a Altman Z-Score of 0.80 as of Sep. 08, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Beijing Nutrichem Co and its competitors. This is 33% below median its historical median of 1.19. Over the past decade, Beijing Nutrichem Co's Altman Z-Score has ranged from 0.60 to 1.80. According to the industry distribution chart, Beijing Nutrichem Co ranks #223 out of 248 companies in the Agriculture industry, placing it in the top 89.9%.
Is Beijing Nutrichem Co's Altman Z-Score too high?
Beijing Nutrichem Co's current Altman Z-Score of 0.80 is 33% below median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 1.80. The Agriculture industry median Altman Z-Score is 2.78. Beijing Nutrichem Co's value of 0.80 is 71.2% below this industry median. Based on the distribution chart, Beijing Nutrichem Co ranks #223 out of 248 companies in the Agriculture industry, which is in the bottom quartile relative to peers. Overall, Beijing Nutrichem Co has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Beijing Nutrichem Co's Altman Z-Score compare to CTVA and CF?
According to the Agriculture industry distribution chart, Beijing Nutrichem Co ranks #223 out of 248 companies for Altman Z-Score. This places Beijing Nutrichem Co in the lower half of its industry. The industry median Altman Z-Score is 2.78. Beijing Nutrichem Co's value of 0.80 is 71.2% below this benchmark. Historically, Beijing Nutrichem Co's own Altman Z-Score has ranged from 0.60 to 1.80 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 2.78, Beijing Nutrichem Co 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 Z-Score for an Agriculture company?
The median Altman Z-Score among Agriculture companies is 2.78, based on 248 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. Beijing Nutrichem Co's current Altman Z-Score of 0.80 is 71.2% 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 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 Beijing Nutrichem Co and its competitors. For the Agriculture industry, the median Altman Z-Score is 2.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Nutrichem Co's current Altman Z-Score is 0.80, which is 33% below median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Nutrichem Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing Nutrichem Co (BJSE:920819) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.85, compared to a current price of ¥3.29 — trading 14.5% below its estimated fair value. The current Altman Z-Score is 0.80, which is 33% below median its 10-year median of 1.19 and 71.2% below the Agriculture industry median of 2.78. Beijing Nutrichem Co's overall GF Score™ is 56/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Beijing Nutrichem Co (BJSE:920819), the current Altman Z-Score is 0.80 as of Sep. 08, 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 Beijing Nutrichem Co (BJSE:920819) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing Nutrichem Co stock appears to be undervalued. The current stock price of ¥3.29 is trading 14.5% below its estimated GF Value™ of ¥3.85. GuruFocus considers Beijing Nutrichem Co to be Modestly Undervalued.

Key valuation signals for BJSE:920819:

  • Altman Z-Score: 0.80 (33% below median its 10-year median of 1.19)
  • GF Value™: ¥3.85 vs. price of ¥3.29 (14.5% below fair value)
  • GF Score™: 56/100 with 7 warning signs
  • Industry Position: 71.2% below the Agriculture median (#223 of 248)

No single metric tells the full story. See the BJSE:920819 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijing Nutrichem Co Business Description

Address No. 27, Shengshengyuan Road, Floor 4, Area A, Building 1, Science and Technology Park, Changping District,, Beijing, CHN, 102206
Beijing Nutrichem Co Ltd is an agrochemical product supplier based on research and development, guided by market demand. Its main business is the research and development, production, sales, and GLP technical services of pesticide technical products, intermediates, and preparations. The company's main products are oxyfluorfen, amiloride, imazethapyr, tebuconazole, and azoxystrobin.
56GF Score

Get the complete analysis for BJSE:920819

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

¥3.29
Price
¥3.85
GF Value