CLSZF (China Oil And Gas Group) Altman Z-Score: 1.12 (As of Jun. 30, 2026) — Near Median


CLSZF China Oil And Gas Group Ltd CLSZF
55 GF Score
Price $0.03
GF Value $0.04
Valuation Modestly Undervalued
! 5 Warning Signs
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What is China Oil And Gas Group Altman Z-Score?

China Oil And Gas Group CLSZF 55 Altman Z-Score is 1.12 as of Jun. 30, 2026, which is 3% above its 10-year median of 1.09. GuruFocus rates CLSZF with a GF Score™ of 55/100 and a GF Value™ of $0.04 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 900 Oil & Gas companies, China Oil And Gas Group ranks worse than 69.67% 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 1.12 is in distress zone. This implies bankruptcy possibility in the next two years.

China Oil And Gas Group has a Altman Z-Score of 1.12, 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 China Oil And Gas Group's Altman Z-Score or its related term are showing as below:

CLSZF' s Altman Z-Score Range Over the Past 10 Years
Min: 0.89   Med: 1.09   Max: 1.46
Current: 1.12

During the past 13 years, China Oil And Gas Group's highest Altman Z-Score was 1.46. The lowest was 0.89. And the median was 1.09.


China Oil And Gas Group  (OTCPK:CLSZF) 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.


China Oil And Gas Group Altman Z-Score Related Terms


China Oil And Gas Group Altman Z-Score Historical Data

* Premium members only.

The historical data trend for China Oil And Gas 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.

China Oil And Gas Group Altman Z-Score Chart

China Oil And Gas 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 1.15 1.27 1.22 1.46 1.13

China Oil And Gas 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 1.22 0.00 1.46 0.00 1.13

CLSZF vs VLO, MPC, PSX: Altman Z-Score Comparison

For the Oil & Gas Refining & Marketing subindustry, China Oil And Gas 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.


China Oil And Gas Group Altman Z-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China Oil And Gas Group's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where China Oil And Gas Group's Altman Z-Score falls into.


CLSZF
55GF Score
China Oil And Gas Group Ltd CLSZF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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China Oil And Gas 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.

China Oil And Gas 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*-0.0542+1.4*0.1811+3.3*0.0659+0.6*0.052+1.0*0.6868
=1.12

* 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 $2,837 Mil.
Total Current Assets was $942 Mil.
Total Current Liabilities was $1,096 Mil.
Retained Earnings was $514 Mil.
Pre-Tax Income was $133 Mil.
Interest Expense was $-54 Mil.
Revenue was $1,948 Mil.
Market Cap (Today) was $96 Mil.
Total Liabilities was $1,840 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
=(942.233 - 1095.848)/2836.831
=-0.0542

X2=Retained Earnings/Total Assets
=513.753/2836.831
=0.1811

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(132.628 - -54.449)/2836.831
=0.0659

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=95.608/1839.742
=0.052

X5=Revenue/Total Assets
=1948.205/2836.831
=0.6868

The zones of discrimination were as such:

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

China Oil And Gas Group has a Altman Z-Score of 1.12 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 1.12 mean?
China Oil And Gas Group (CLSZF) has a Altman Z-Score of 1.12 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on China Oil And Gas Group and its competitors. This is near median its historical median of 1.09. Over the past decade, China Oil And Gas Group's Altman Z-Score has ranged from 0.89 to 1.46. According to the industry distribution chart, China Oil And Gas Group ranks #627 out of 900 companies in the Oil & Gas industry, placing it in the top 69.7%.
Is China Oil And Gas Group's Altman Z-Score too high?
China Oil And Gas Group's current Altman Z-Score of 1.12 is near median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 1.46. The Oil & Gas industry median Altman Z-Score is 1.90. China Oil And Gas Group's value of 1.12 is 40.9% below this industry median. Based on the distribution chart, China Oil And Gas Group ranks #627 out of 900 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, China Oil And Gas Group has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Oil And Gas Group's Altman Z-Score compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, China Oil And Gas Group ranks #627 out of 900 companies for Altman Z-Score. This places China Oil And Gas Group in the lower half of its industry. The industry median Altman Z-Score is 1.90. China Oil And Gas Group's value of 1.12 is 40.9% below this benchmark. Historically, China Oil And Gas Group's own Altman Z-Score has ranged from 0.89 to 1.46 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 1.90, China Oil And Gas 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 an Oil & Gas company?
The median Altman Z-Score among Oil & Gas companies is 1.90, based on 900 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. China Oil And Gas Group's current Altman Z-Score of 1.12 is 40.9% 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 China Oil And Gas Group and its competitors. For the Oil & Gas industry, the median Altman Z-Score is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Oil And Gas Group's current Altman Z-Score is 1.12, which is near median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Oil And Gas Group stock overvalued right now?
Based on GuruFocus' analysis, China Oil And Gas Group (CLSZF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.04, compared to a current price of $0.03 — trading 25% below its estimated fair value. The current Altman Z-Score is 1.12, which is near median its 10-year median of 1.09 and 40.9% below the Oil & Gas industry median of 1.90. China Oil And Gas Group's overall GF Score™ is 55/100 with 5 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 China Oil And Gas Group (CLSZF), the current Altman Z-Score is 1.12 as of Jun. 30, 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 China Oil And Gas Group (CLSZF) Overvalued in 2026?

Based on GuruFocus' analysis, China Oil And Gas Group stock appears to be undervalued. The current stock price of $0.03 is trading 25% below its estimated GF Value™ of $0.04. GuruFocus considers China Oil And Gas Group to be Modestly Undervalued.

Key valuation signals for CLSZF:

  • Altman Z-Score: 1.12 (near median its 10-year median of 1.09)
  • GF Value™: $0.04 vs. price of $0.03 (25% below fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 40.9% below the Oil & Gas median (#627 of 900)

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


China Oil And Gas Group Business Description

Industry EnergyOil & Gas
Other Exchanges 00603:Hong KongGPI1:Germany
Address 255-257 Gloucester Road, Suite 2805, 28th Floor, Sino Plaza, Causeway Bay, Hong Kong, HKG
China Oil And Gas Group Ltd and its subsidiaries are principally engaged in investment in natural gas and energy-related business. The business operations of the company include piped city gas business, pipeline design, and construction; transportation, distribution, and sale of compressed natural gas and liquefied natural gas; and development, production, and sale of crude oil and gas and other upstream energy resources. The company operates through the segments of Sales and distribution of natural gas and other related products; Gas pipeline construction and connection; Exploitation and production of crude oil and natural gas; and Production and sales of coal-derived clean energy and other related products. The majority of the company's revenue comes from Mainland China.
55GF Score

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

$0.03
Price
$0.04
GF Value