DAZSD (Da Ai Zhi Shui International Holding Group) Altman Z-Score: 7.84 (As of Sep. 17, 2026)

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.

DAZSD Da Ai Zhi Shui International Holding Group Ltd DAZSD
23 GF Score
Price $3.35
View Full Analysis

What is Da Ai Zhi Shui International Holding Group Altman Z-Score?

Da Ai Zhi Shui International Holding Group DAZSD 23 Altman Z-Score is 7.84 as of Sep. 17, 2026. GuruFocus rates DAZSD with a GF Score™ of 23/100.

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.

Da Ai Zhi Shui International Holding Group has a Altman Z-Score of 7.84, 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 Da Ai Zhi Shui International Holding Group's Altman Z-Score or its related term are showing as below:


Da Ai Zhi Shui International Holding Group  (OTCPK:DAZSD) 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.


Da Ai Zhi Shui International Holding Group Altman Z-Score Related Terms


Da Ai Zhi Shui International Holding Group Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Da Ai Zhi Shui International Holding 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.

Da Ai Zhi Shui International Holding Group Altman Z-Score Chart

Da Ai Zhi Shui International Holding Group Annual Data
Trend May21 May22 May23
Altman Z-Score
0.00 0.00 0.00

Da Ai Zhi Shui International Holding Group Semi-Annual Data
May21 May22 May23
Altman Z-Score 0.00 0.00 0.00

DAZSD vs NVVE, SPEV, TCSG: Altman Z-Score Comparison

For the Specialty Retail subindustry, Da Ai Zhi Shui International Holding 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.


Da Ai Zhi Shui International Holding Group Altman Z-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Da Ai Zhi Shui International Holding Group's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Da Ai Zhi Shui International Holding Group's Altman Z-Score falls into.


DAZSD
23GF Score
Da Ai Zhi Shui International Holding Group Ltd DAZSD
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Da Ai Zhi Shui International Holding 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.

Da Ai Zhi Shui International Holding 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*-0.1243+1.4*0.0716+3.3*0.0827+0.6*8.9903+1.0*2.2229
=7.84

* 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 May. 2023:
Total Assets was $1.71 Mil.
Total Current Assets was $1.12 Mil.
Total Current Liabilities was $1.33 Mil.
Retained Earnings was $0.12 Mil.
Pre-Tax Income was $0.12 Mil.
Interest Expense was $-0.02 Mil.
Revenue was $3.79 Mil.
Market Cap (Today) was $11.99 Mil.
Total Liabilities was $1.33 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
=(1.122 - 1.334)/1.705
=-0.1243

X2=Retained Earnings/Total Assets
=0.122/1.705
=0.0716

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(0.124 - -0.017)/1.705
=0.0827

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=11.993/1.334
=8.9903

X5=Revenue/Total Assets
=3.79/1.705
=2.2229

The zones of discrimination were as such:

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

Da Ai Zhi Shui International Holding Group has a Altman Z-Score of 7.84 indicating it is in Safe 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 7.84 mean?
Da Ai Zhi Shui International Holding Group (DAZSD) has a Altman Z-Score of 7.84 as of Sep. 17, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Da Ai Zhi Shui International Holding Group and its competitors.
Is Da Ai Zhi Shui International Holding Group's Altman Z-Score too high?
Da Ai Zhi Shui International Holding Group's current Altman Z-Score is 7.84. The Retail - Cyclical industry median Altman Z-Score is 2.76. Da Ai Zhi Shui International Holding Group's value of 7.84 is 184.1% above this industry median. Overall, Da Ai Zhi Shui International Holding Group has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Da Ai Zhi Shui International Holding Group's Altman Z-Score compare to NVVE and SPEV?
Da Ai Zhi Shui International Holding Group's Altman Z-Score of 7.84 can be compared against companies in the Retail - Cyclical industry. The industry median Altman Z-Score is 2.76. Da Ai Zhi Shui International Holding Group's value of 7.84 is 184.1% above this benchmark. 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 Retail - Cyclical company?
The median Altman Z-Score among Retail - Cyclical companies is 2.76, based on 1,118 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. Da Ai Zhi Shui International Holding Group's current Altman Z-Score of 7.84 is 184.1% 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 Da Ai Zhi Shui International Holding Group and its competitors. For the Retail - Cyclical industry, the median Altman Z-Score is 2.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Da Ai Zhi Shui International Holding Group's current Altman Z-Score is 7.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Da Ai Zhi Shui International Holding Group stock overvalued right now?
Da Ai Zhi Shui International Holding Group (DAZSD) has a current Altman Z-Score of 7.84. The current Altman Z-Score is 7.84 and 184.1% above the Retail - Cyclical industry median of 2.76. Da Ai Zhi Shui International Holding Group's overall GF Score™ is 23/100. 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 Da Ai Zhi Shui International Holding Group (DAZSD), the current Altman Z-Score is 7.84 as of Sep. 17, 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.

Da Ai Zhi Shui International Holding Group Business Description

Address No. 3 Hoi Shing Road, Workshop A2, 25th Floor, TML Tower, Tsuen Wan, Hong Kong, HKG
Da Ai Zhi Shui International Holding Group Ltd , formerly ZKGC New Energy Ltd provides management and operations consulting services.
23GF Score

Get the complete analysis for DAZSD

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

$3.35
Price