New Universe Environmental Group (HKSE:00436) Altman Z-Score: 1.10 (As of Jul. 12, 2026)— 24% Below Median
What is New Universe Environmental Group Altman Z-Score?
New Universe Environmental GroupHKSE:00436 Altman Z-Score is 1.10 as of Jul. 12, 2026, which is 24% below its 10-year median of 1.44. The stock has 5 warning signs investors should review. Among 238 Waste Management companies, New Universe Environmental Group ranks worse than 71.43% 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 1.1 is in distress zone. This implies bankruptcy possibility in the next two years.
New Universe Environmental Group has a Altman Z-Score of 1.10, 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 New Universe Environmental Group's Altman Z-Score or its related term are showing as below:
HKSE:00436'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.04 Med: 1.44 Max: 6.02
Current: 1.1
During the past 13 years, New Universe Environmental Group's highest Altman Z-Score was 6.02. The lowest was 1.04. And the median was 1.44.
New Universe Environmental Group (HKSE:00436) 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.
New Universe Environmental Group Altman Z-Score Chart
HKSE:00436 vs WM, RSG, WCN: Altman Z-Score Comparison
For the Waste Management subindustry, New Universe Environmental 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.
New Universe Environmental Group Altman Z-Score vs Waste Management Industry
For the Waste Management industry and Industrials sector, New Universe Environmental Group's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where New Universe Environmental Group's Altman Z-Score falls into.
New Universe Environmental 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.
New Universe Environmental Group (HKSE:00436) has a Altman Z-Score of 1.10 as of Jul. 12, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on New Universe Environmental Group and its competitors. This is 24% below median its historical median of 1.44. Over the past decade, New Universe Environmental Group's Altman Z-Score has ranged from 1.04 to 6.02. According to the industry distribution chart, New Universe Environmental Group ranks #170 out of 238 companies in the Waste Management industry, placing it in the top 71.4%.
Is New Universe Environmental Group's Altman Z-Score too high?
New Universe Environmental Group's current Altman Z-Score of 1.10 is 24% below median its 10-year median of 1.44. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 6.02. The Waste Management industry median Altman Z-Score is 1.99. New Universe Environmental Group's value of 1.10 is 44.7% below this industry median. Based on the distribution chart, New Universe Environmental Group ranks #170 out of 238 companies in the Waste Management industry, which is below the industry midpoint.
How does New Universe Environmental Group's Altman Z-Score compare to WM and RSG?
According to the Waste Management industry distribution chart, New Universe Environmental Group ranks #170 out of 238 companies for Altman Z-Score. This places New Universe Environmental Group in the lower half of its industry. The industry median Altman Z-Score is 1.99. New Universe Environmental Group's value of 1.10 is 44.7% below this benchmark. Historically, New Universe Environmental Group's own Altman Z-Score has ranged from 1.04 to 6.02 over the past decade. While the company's 10-year median is 1.44 vs. the industry median of 1.99, New Universe Environmental 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 Waste Management company?
The median Altman Z-Score among Waste Management companies is 1.99, based on 238 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. New Universe Environmental Group's current Altman Z-Score of 1.10 is 44.7% 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 New Universe Environmental Group and its competitors. For the Waste Management industry, the median Altman Z-Score is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Universe Environmental Group's current Altman Z-Score is 1.10, which is 24% below median its own 10-year median of 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Universe Environmental Group stock overvalued right now?
Based on GuruFocus' analysis, New Universe Environmental Group (HKSE:00436) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.05, compared to a current price of HK$0.05 — trading right at its estimated fair value. The current Altman Z-Score is 1.10, which is 24% below median its 10-year median of 1.44 and 44.7% below the Waste Management industry median of 1.99. 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 New Universe Environmental Group (HKSE:00436), the current Altman Z-Score is 1.10 as of Jul. 12, 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.
New Universe Environmental Group Business Description
New Universe Environmental Group Ltd is engaged in services for industrial and medical wastes; provision of environmental plating sewage treatment services and provision of related facilities and utilities in an eco-plating specialized zone (including industrial sewage treatment services, providing related utilities and management services, and providing factory facilities); provision of environmental equipment construction and installation services, investments in plastic materials dyeing operations. The company's segments include: Environmental waste treatment and disposal, which earns the majority of its revenue; Environmental sewage treatment, management services, utilities and facilities Plastic dyeing investments. All of the groups revenue is generated from PRC.
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