SANVO Fine Chemicals Group (HKSE:00301) Altman Z-Score: 2.97 (As of Aug. 09, 2026) — 68% Above Median

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HKSE:00301 SANVO Fine Chemicals Group Ltd HKSE:00301
56 GF Score
Price HK$7.00
GF Value HK$1.26
Valuation Significantly Overvalued
! 6 Warning Signs
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What is SANVO Fine Chemicals Group Altman Z-Score?

SANVO Fine Chemicals Group HKSE:00301 +1.74% 56 Altman Z-Score is 2.97 as of Aug. 09, 2026, which is 68% above its 10-year median of 1.77. GuruFocus rates HKSE:00301 with a GF Score™ of 56/100 and a GF Value™ of HK$1.26 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,567 Chemicals companies, SANVO Fine Chemicals Group ranks worse than 52.78% 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 2.97 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.

SANVO Fine Chemicals Group has a Altman Z-Score of 2.97, indicating it is in Grey Zones. This implies that SANVO Fine Chemicals 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 SANVO Fine Chemicals Group's Altman Z-Score or its related term are showing as below:

HKSE:00301' s Altman Z-Score Range Over the Past 10 Years
Min: 1   Med: 1.77   Max: 2.97
Current: 2.97

During the past 10 years, SANVO Fine Chemicals Group's highest Altman Z-Score was 2.97. The lowest was 1.00. And the median was 1.77.


SANVO Fine Chemicals Group  (HKSE:00301) 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.


SANVO Fine Chemicals Group Altman Z-Score Related Terms


SANVO Fine Chemicals Group Altman Z-Score Historical Data

* Premium members only.

The historical data trend for SANVO Fine Chemicals 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.

SANVO Fine Chemicals Group Altman Z-Score Chart

SANVO Fine Chemicals 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 1.86 1.68 1.86 1.24 1.00

SANVO Fine Chemicals Group Semi-Annual Data
Dec16 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 1.86 0.00 1.24 0.00 1.00

HKSE:00301 vs LIN, SHW, ECL: Altman Z-Score Comparison

For the Specialty Chemicals subindustry, SANVO Fine Chemicals 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.


SANVO Fine Chemicals Group Altman Z-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, SANVO Fine Chemicals Group's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where SANVO Fine Chemicals Group's Altman Z-Score falls into.


HKSE:00301
56GF Score
SANVO Fine Chemicals Group Ltd HKSE:00301
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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SANVO Fine Chemicals 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.

SANVO Fine Chemicals 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*-0.4391+1.4*-0.0041+3.3*-0.0268+0.6*4.0625+1.0*1.1515
=2.97

* 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 HK$1,019 Mil.
Total Current Assets was HK$346 Mil.
Total Current Liabilities was HK$794 Mil.
Retained Earnings was HK$-4 Mil.
Pre-Tax Income was HK$-33 Mil.
Interest Expense was HK$-5 Mil.
Revenue was HK$1,173 Mil.
Market Cap (Today) was HK$3,293 Mil.
Total Liabilities was HK$811 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
=(346.408 - 793.833)/1019.023
=-0.4391

X2=Retained Earnings/Total Assets
=-4.16/1019.023
=-0.0041

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-32.529 - -5.196)/1019.023
=-0.0268

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=3293.218/810.644
=4.0625

X5=Revenue/Total Assets
=1173.411/1019.023
=1.1515

The zones of discrimination were as such:

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

SANVO Fine Chemicals Group has a Altman Z-Score of 2.97 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 2.97 mean?
SANVO Fine Chemicals Group (HKSE:00301) has a Altman Z-Score of 2.97 as of Aug. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on SANVO Fine Chemicals Group and its competitors. This is 68% above median its historical median of 1.77. Over the past decade, SANVO Fine Chemicals Group's Altman Z-Score has ranged from 1.00 to 2.97. According to the industry distribution chart, SANVO Fine Chemicals Group ranks #827 out of 1567 companies in the Chemicals industry, placing it in the top 52.8%.
Is SANVO Fine Chemicals Group's Altman Z-Score too high?
SANVO Fine Chemicals Group's current Altman Z-Score of 2.97 is 68% above median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 2.97. The Chemicals industry median Altman Z-Score is 3.11. SANVO Fine Chemicals Group's value of 2.97 is 4.5% below this industry median. Based on the distribution chart, SANVO Fine Chemicals Group ranks #827 out of 1567 companies in the Chemicals industry, which is below the industry midpoint. Overall, SANVO Fine Chemicals Group has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SANVO Fine Chemicals Group's Altman Z-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, SANVO Fine Chemicals Group ranks #827 out of 1567 companies for Altman Z-Score. This places SANVO Fine Chemicals Group in the lower half of its industry. The industry median Altman Z-Score is 3.11. SANVO Fine Chemicals Group's value of 2.97 is 4.5% below this benchmark. Historically, SANVO Fine Chemicals Group's own Altman Z-Score has ranged from 1.00 to 2.97 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 3.11, SANVO Fine Chemicals 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 Chemicals company?
The median Altman Z-Score among Chemicals companies is 3.11, based on 1,567 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. SANVO Fine Chemicals Group's current Altman Z-Score of 2.97 is 4.5% 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 SANVO Fine Chemicals Group and its competitors. For the Chemicals industry, the median Altman Z-Score is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SANVO Fine Chemicals Group's current Altman Z-Score is 2.97, which is 68% above median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SANVO Fine Chemicals Group stock overvalued right now?
Based on GuruFocus' analysis, SANVO Fine Chemicals Group (HKSE:00301) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.26, compared to a current price of HK$7.00 — trading 455.6% above its estimated fair value. The current Altman Z-Score is 2.97, which is 68% above median its 10-year median of 1.77 and 4.5% below the Chemicals industry median of 3.11. SANVO Fine Chemicals Group's overall GF Score™ is 56/100 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 SANVO Fine Chemicals Group (HKSE:00301), the current Altman Z-Score is 2.97 as of Aug. 09, 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 SANVO Fine Chemicals Group (HKSE:00301) Overvalued in 2026?

Based on GuruFocus' analysis, SANVO Fine Chemicals Group stock appears to be overvalued. The current stock price of HK$7.00 is trading 455.6% above its estimated GF Value™ of HK$1.26. GuruFocus considers SANVO Fine Chemicals Group to be Significantly Overvalued.

Key valuation signals for HKSE:00301:

  • Altman Z-Score: 2.97 (68% above median its 10-year median of 1.77)
  • GF Value™: HK$1.26 vs. price of HK$7.00 (455.6% above fair value)
  • GF Score™: 56/100 with 6 warning signs
  • Industry Position: 4.5% below the Chemicals median (#827 of 1567)

No single metric tells the full story. See the HKSE:00301 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SANVO Fine Chemicals Group Business Description

Address No.5 Xinliu West Road, Huangpu Town, Guangdong Province, Zhongshan, CHN
SANVO Fine Chemicals Group Ltd is a fine industrial chemical products manufacturer based in the PRC. It focuses on the manufacture, research and development, and sale of a diversified portfolio of fine industrial chemical products, which serves hardware and building materials and towards automotive maintenance. Its products can be broadly categorized into the following segments: aerosols, organic silicone adhesives, synthetic adhesives and other miscellaneous products such as architectural coatings, oil products and wood paints. It derives revenue from Aerosols segment which sells spray paints and automotive care products, including spray paint, carburetor cleaner, spray wax, antirust spray lubricant, polyurethane foam, cleaning spray and spray refrigerant for automobile air-conditioners.
56GF Score

Get the complete analysis for HKSE:00301

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

HK$7.00
Price
HK$1.26
GF Value