What is China Shineway Pharmaceutical Group Altman Z-Score?
China Shineway Pharmaceutical GroupCSWYF 92 Altman Z-Score is 3.54 as of Jun. 24, 2026, which is 16% below its 10-year median of 4.21. GuruFocus rates CSWYF with a GF Score™ of 92/100 and a GF Value™ of $0.88. The stock has 2 warning signs investors should review. Among 952 Drug Manufacturers companies, China Shineway Pharmaceutical Group ranks better than 52.52% 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 3.54 is strong.
China Shineway Pharmaceutical Group has a Altman Z-Score of 3.54, 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.
CSWYF'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.84 Med: 4.21 Max: 5.97
Current: 3.54
During the past 13 years, China Shineway Pharmaceutical Group's highest Altman Z-Score was 5.97. The lowest was 2.84. And the median was 4.21.
China Shineway Pharmaceutical Group (OTCPK:CSWYF) 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.
China Shineway Pharmaceutical Group Altman Z-Score Chart
For the Drug Manufacturers - Specialty & Generic subindustry, China Shineway 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.
China Shineway Pharmaceutical Group Altman Z-Score vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, China Shineway Pharmaceutical Group's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where China Shineway Pharmaceutical Group's Altman Z-Score falls into.
China Shineway 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.
* 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.
China Shineway Pharmaceutical Group (CSWYF) has a Altman Z-Score of 3.54 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on China Shineway Pharmaceutical Group and its competitors. This is 16% below median its historical median of 4.21. Over the past decade, China Shineway Pharmaceutical Group's Altman Z-Score has ranged from 2.84 to 5.97. According to the industry distribution chart, China Shineway Pharmaceutical Group ranks #452 out of 952 companies in the Drug Manufacturers industry, placing it in the top 47.5%.
Is China Shineway Pharmaceutical Group's Altman Z-Score too high?
China Shineway Pharmaceutical Group's current Altman Z-Score of 3.54 is 16% below median its 10-year median of 4.21. Over the past 10 years, this metric has ranged from a low of 2.84 to a high of 5.97. The Drug Manufacturers industry median Altman Z-Score is 3.32. China Shineway Pharmaceutical Group's value of 3.54 is 6.8% above this industry median. Based on the distribution chart, China Shineway Pharmaceutical Group ranks #452 out of 952 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, China Shineway Pharmaceutical Group has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does China Shineway Pharmaceutical Group's Altman Z-Score compare to ZTS?
According to the Drug Manufacturers industry distribution chart, China Shineway Pharmaceutical Group ranks #452 out of 952 companies for Altman Z-Score. This puts China Shineway Pharmaceutical Group in the upper half of its industry. The industry median Altman Z-Score is 3.32. China Shineway Pharmaceutical Group's value of 3.54 is 6.8% above this benchmark. Historically, China Shineway Pharmaceutical Group's own Altman Z-Score has ranged from 2.84 to 5.97 over the past decade. While the company's 10-year median is 4.21 vs. the industry median of 3.32, China Shineway Pharmaceutical Group 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 Drug Manufacturers company?
The median Altman Z-Score among Drug Manufacturers companies is 3.32, based on 952 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 Shineway Pharmaceutical Group's current Altman Z-Score of 3.54 is 6.8% 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 China Shineway Pharmaceutical Group and its competitors. For the Drug Manufacturers industry, the median Altman Z-Score is 3.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Shineway Pharmaceutical Group's current Altman Z-Score is 3.54, which is 16% below median its own 10-year median of 4.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Shineway Pharmaceutical Group stock overvalued right now?
China Shineway Pharmaceutical Group (CSWYF) has a current Altman Z-Score of 3.54. The stock's GF Value™ is $0.88, compared to a current price of $1.00 — trading 14.1% above its estimated fair value. The current Altman Z-Score is 3.54, which is 16% below median its 10-year median of 4.21 and 6.8% above the Drug Manufacturers industry median of 3.32. China Shineway Pharmaceutical Group's overall GF Score™ is 92/100 with 2 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 Shineway Pharmaceutical Group (CSWYF), the current Altman Z-Score is 3.54 as of Jun. 24, 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 Shineway Pharmaceutical Group (CSWYF) Overvalued in 2026?
Based on GuruFocus' analysis, China Shineway Pharmaceutical Group stock appears to be overvalued.
The current stock price of $1.00 is trading 14.1% above its estimated GF Value™ of $0.88.
Key valuation signals for CSWYF:
Altman Z-Score: 3.54 (16% below median its 10-year median of 4.21)
GF Value™: $0.88 vs. price of $1.00 (14.1% above fair value)
Industry Position: 6.8% above the Drug Manufacturers median (#452 of 952)
No single metric tells the full story. See the CSWYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Shineway Pharmaceutical Group Business Description
China Shineway Pharmaceutical Group Ltd is an investment holding company. Along with its subsidiaries, it is engaged in the research, development, manufacturing, and trading of modern Chinese medicines. The company's products comprise injection, soft capsule, granule, traditional Chinese medicine formula granules, and others, of which injections generate maximum revenue for the company. Geographically, the group operates in the People's Republic of China (PRC) and Hong Kong.
92GF Score
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