Chi Kan HoldingsCHKHF 62 Altman Z-Score is 27.47 as of Jul. 03, 2026, which is 67% above its 10-year median of 16.49. GuruFocus rates CHKHF with a GF Score™ of 62/100. The stock has 3 warning signs investors should review. Among 1,753 Construction companies, Chi Kan Holdings ranks better than 98.63% 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 26.68 is strong.
Chi Kan Holdings has a Altman Z-Score of 27.47, 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 Chi Kan Holdings's Altman Z-Score or its related term are showing as below:
CHKHF'
s Altman Z-Score Range Over the Past 10 Years
Min: 8.41 Med: 16.49 Max: 28.66
Current: 26.68
During the past 9 years, Chi Kan Holdings's highest Altman Z-Score was 28.66. The lowest was 8.41. And the median was 16.49.
Chi Kan Holdings (OTCPK:CHKHF) 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.
Altman Z-Score does not apply to financial companies.
Chi Kan Holdings Altman Z-Score Related Terms
Chi Kan Holdings Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Chi Kan Holdings'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.
For the Engineering & Construction subindustry, Chi Kan Holdings'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.
Chi Kan Holdings Altman Z-Score vs Construction Industry
For the Construction industry and Industrials sector, Chi Kan Holdings's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Chi Kan Holdings's Altman Z-Score falls into.
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.
Chi Kan Holdings'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
*
0.8729
+
1.4
*
0
+
3.3
*
0.1578
+
0.6
*
39.5949
+
1.0
*
2.1399
=
27.47
* 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 Z-Score when X4 or X5 value is 0.
Chi Kan Holdings (CHKHF) has a Altman Z-Score of 27.47 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Chi Kan Holdings and its competitors. This is 67% above median its historical median of 16.49. Over the past decade, Chi Kan Holdings' Altman Z-Score has ranged from 8.41 to 28.66. According to the industry distribution chart, Chi Kan Holdings ranks #24 out of 1753 companies in the Construction industry, placing it in the top 1.4%.
Is Chi Kan Holdings' Altman Z-Score too high?
Chi Kan Holdings' current Altman Z-Score of 27.47 is 67% above median its 10-year median of 16.49. Over the past 10 years, this metric has ranged from a low of 8.41 to a high of 28.66. The Construction industry median Altman Z-Score is 2.33. Chi Kan Holdings' value of 27.47 is 1079% above this industry median. Based on the distribution chart, Chi Kan Holdings ranks #24 out of 1753 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Chi Kan Holdings has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Chi Kan Holdings' Altman Z-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Chi Kan Holdings ranks #24 out of 1753 companies for Altman Z-Score. This places Chi Kan Holdings in the top 1% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.33. Chi Kan Holdings' value of 27.47 is 1079% above this benchmark. Historically, Chi Kan Holdings' own Altman Z-Score has ranged from 8.41 to 28.66 over the past decade. While the company's 10-year median is 16.49 vs. the industry median of 2.33, Chi Kan Holdings 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 2.33, based on 1,753 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. Chi Kan Holdings's current Altman Z-Score of 27.47 is 1079% 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 Chi Kan Holdings and its competitors. For the Construction industry, the median Altman Z-Score is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chi Kan Holdings's current Altman Z-Score is 27.47, which is 67% above median its own 10-year median of 16.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chi Kan Holdings stock overvalued right now?
Chi Kan Holdings (CHKHF) has a current Altman Z-Score of 27.47. The current Altman Z-Score is 27.47, which is 67% above median its 10-year median of 16.49 and 1079% above the Construction industry median of 2.33. Chi Kan Holdings' overall GF Score™ is 62/100 with 3 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 Chi Kan Holdings (CHKHF), the current Altman Z-Score is 27.47 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.
Chi Kan Holdings Ltd is a formwork contractor, mainly engaged in the provision of formwork services. The company is principally engaged in the business of providing formwork services and other construction services in Hong Kong. The company's services include conventional formwork which is built on-site by mainly using timber and plywood; and prefabricated formwork which is built out of prefabricated modules by mainly using aluminum and steel. It also engages in the E-commerce business in the People's Republic of China which includes online trading of products. The company's operating segments are; Construction business which generates maximum revenue; and the E-commerce business. Geographically, it derives key revenue from Hong Kong.
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