CGPHF (Grand Pharmaceutical Group) Altman Z-Score: 2.20 (As of Jun. 28, 2026) — 15% Below Median


What is Grand Pharmaceutical Group Altman Z-Score?

Grand Pharmaceutical Group CGPHF 87 Altman Z-Score is 2.20 as of Jun. 28, 2026, which is 15% below its 10-year median of 2.58. GuruFocus rates CGPHF with a GF Score™ of 87/100. The stock has 6 warning signs investors should review. Among 949 Drug Manufacturers companies, Grand Pharmaceutical Group ranks worse than 65.75% 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 2.21 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Grand Pharmaceutical Group has a Altman Z-Score of 2.20, indicating it is in Grey Zones. This implies that Grand Pharmaceutical Group is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Grand Pharmaceutical Group's Altman Z-Score or its related term are showing as below:

CGPHF' s Altman Z-Score Range Over the Past 10 Years
Min: 1.03   Med: 2.58   Max: 3.44
Current: 2.21

During the past 13 years, Grand Pharmaceutical Group's highest Altman Z-Score was 3.44. The lowest was 1.03. And the median was 2.58.


Grand Pharmaceutical Group  (OTCPK:CGPHF) 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.


Grand Pharmaceutical Group Altman Z-Score Related Terms


Grand Pharmaceutical Group Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Grand Pharmaceutical Group'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.

Grand Pharmaceutical Group Altman Z-Score Chart

Grand Pharmaceutical Group 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 2.74 2.51 2.65 2.69 2.90

Grand Pharmaceutical Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.65 0.00 2.69 0.00 2.90

CGPHF vs ZTS: Altman Z-Score Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Grand Pharmaceutical Group'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.


Grand Pharmaceutical Group Altman Z-Score vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Grand Pharmaceutical Group's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Grand Pharmaceutical Group's Altman Z-Score falls into.



Grand Pharmaceutical Group 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.

Grand Pharmaceutical Group'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*0.0365+1.4*0.3906+3.3*0.061+0.6*1.5902+1.0*0.4521
=2.20

* 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 Dec. 2025:
Total Assets was $3,491.52 Mil.
Total Current Assets was $1,067.70 Mil.
Total Current Liabilities was $940.36 Mil.
Retained Earnings was $1,363.66 Mil.
Pre-Tax Income was $192.02 Mil.
Interest Expense was $-20.86 Mil.
Revenue was $1,578.66 Mil.
Market Cap (Today) was $2,041.08 Mil.
Total Liabilities was $1,283.56 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
=(1067.696 - 940.355)/3491.518
=0.0365

X2=Retained Earnings/Total Assets
=1363.663/3491.518
=0.3906

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(192.022 - -20.864)/3491.518
=0.061

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2041.075/1283.559
=1.5902

X5=Revenue/Total Assets
=1578.664/3491.518
=0.4521

The zones of discrimination were as such:

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

Grand Pharmaceutical Group has a Altman Z-Score of 2.20 indicating it is in Grey 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 2.20 mean?
Grand Pharmaceutical Group (CGPHF) has a Altman Z-Score of 2.20 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Grand Pharmaceutical Group and its competitors. This is 15% below median its historical median of 2.58. Over the past decade, Grand Pharmaceutical Group's Altman Z-Score has ranged from 1.03 to 3.44. According to the industry distribution chart, Grand Pharmaceutical Group ranks #624 out of 949 companies in the Drug Manufacturers industry, placing it in the top 65.8%.
Is Grand Pharmaceutical Group's Altman Z-Score too high?
Grand Pharmaceutical Group's current Altman Z-Score of 2.20 is 15% below median its 10-year median of 2.58. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 3.44. The Drug Manufacturers industry median Altman Z-Score is 3.20. Grand Pharmaceutical Group's value of 2.20 is 31.3% below this industry median. Based on the distribution chart, Grand Pharmaceutical Group ranks #624 out of 949 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Grand Pharmaceutical Group has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Grand Pharmaceutical Group's Altman Z-Score compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Grand Pharmaceutical Group ranks #624 out of 949 companies for Altman Z-Score. This places Grand Pharmaceutical Group in the lower half of its industry. The industry median Altman Z-Score is 3.20. Grand Pharmaceutical Group's value of 2.20 is 31.3% below this benchmark. Historically, Grand Pharmaceutical Group's own Altman Z-Score has ranged from 1.03 to 3.44 over the past decade. While the company's 10-year median is 2.58 vs. the industry median of 3.20, Grand Pharmaceutical Group 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 a Drug Manufacturers company?
The median Altman Z-Score among Drug Manufacturers companies is 3.20, based on 949 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. Grand Pharmaceutical Group's current Altman Z-Score of 2.20 is 31.3% 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 Grand Pharmaceutical Group and its competitors. For the Drug Manufacturers industry, the median Altman Z-Score is 3.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Pharmaceutical Group's current Altman Z-Score is 2.20, which is 15% below median its own 10-year median of 2.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Pharmaceutical Group stock overvalued right now?
Grand Pharmaceutical Group (CGPHF) has a current Altman Z-Score of 2.20. The current Altman Z-Score is 2.20, which is 15% below median its 10-year median of 2.58 and 31.3% below the Drug Manufacturers industry median of 3.20. Grand Pharmaceutical Group's overall GF Score™ is 87/100 with 6 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 Grand Pharmaceutical Group (CGPHF), the current Altman Z-Score is 2.20 as of Jun. 28, 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.

Grand Pharmaceutical Group Business Description

Other Exchanges 00512:Hong KongMX6A:Germany
Address 99 Queen\'s Road Central, Units 3302, 33rd Floor, The Center, Hong Kong, HKG
Grand Pharmaceutical Group Ltd are principally engaged in the manufacture and sales of pharmaceutical technology products, manufacture and sales of bio-technology products as well as manufacture and sales of nuclear medicine anti-tumor diagnosis and treatment and cerebro-cardiovascular precision interventional diagnosis and treatment technology products, in the People's Republic of China. The operation of the group constitutes one single reportable segment. The company has presence in The PRC, America, Europe, Asia other than the PRC and Others. The majority of revenue comes from the PRC. Its brands are breathe, biology, Cardiovascular emergency care, Cardiovascular intervention, ENT, tumor.