Dongwu Cement International (HKSE:00695) Altman Z-Score: 13.81 (As of Sep. 09, 2026) — 326% Above Median

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HKSE:00695 Dongwu Cement International Ltd HKSE:00695
38 GF Score
Price HK$7.88
GF Value HK$1.68
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Dongwu Cement International Altman Z-Score?

Dongwu Cement International HKSE:00695 +0.96% 38 Altman Z-Score is 13.81 as of Sep. 09, 2026, which is 326% above its 10-year median of 3.24. GuruFocus rates HKSE:00695 with a GF Score™ of 38/100 and a GF Value™ of HK$1.68 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 406 Building Materials companies, Dongwu Cement International ranks better than 95.81% 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 13.81 is strong.

Dongwu Cement International has a Altman Z-Score of 13.81, 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 Dongwu Cement International's Altman Z-Score or its related term are showing as below:

HKSE:00695' s Altman Z-Score Range Over the Past 10 Years
Min: 1.9   Med: 3.24   Max: 14.05
Current: 13.81

During the past 13 years, Dongwu Cement International's highest Altman Z-Score was 14.05. The lowest was 1.90. And the median was 3.24.


Dongwu Cement International  (HKSE:00695) 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.


Dongwu Cement International Altman Z-Score Related Terms


Dongwu Cement International Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Dongwu Cement International'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.

Dongwu Cement International Altman Z-Score Chart

Dongwu Cement International 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 4.59 2.69 2.44 1.90 14.05

Dongwu Cement International Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.00 1.90 0.00 14.05 0.00

HKSE:00695 vs CRH, MLM, VMC: Altman Z-Score Comparison

For the Building Materials subindustry, Dongwu Cement International'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.


Dongwu Cement International Altman Z-Score vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Dongwu Cement International's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Dongwu Cement International's Altman Z-Score falls into.


HKSE:00695
38GF Score
Dongwu Cement International Ltd HKSE:00695
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dongwu Cement International 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.

Dongwu Cement International'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*0.1868+1.4*-0.1092+3.3*-0.0937+0.6*22.7349+1.0*0.4068
=13.81

* 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$529.0 Mil.
Total Current Assets was HK$273.8 Mil.
Total Current Liabilities was HK$175.0 Mil.
Retained Earnings was HK$-57.7 Mil.
Pre-Tax Income was HK$-54.2 Mil.
Interest Expense was HK$-4.6 Mil.
Revenue was HK$215.2 Mil.
Market Cap (Today) was HK$4,349.8 Mil.
Total Liabilities was HK$191.3 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
=(273.821 - 174.985)/529.018
=0.1868

X2=Retained Earnings/Total Assets
=-57.745/529.018
=-0.1092

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-54.19 - -4.623)/529.018
=-0.0937

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=4349.760/191.325
=22.7349

X5=Revenue/Total Assets
=215.225/529.018
=0.4068

The zones of discrimination were as such:

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

Dongwu Cement International has a Altman Z-Score of 13.81 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 13.81 mean?
Dongwu Cement International (HKSE:00695) has a Altman Z-Score of 13.81 as of Sep. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Dongwu Cement International and its competitors. This is 326% above median its historical median of 3.24. Over the past decade, Dongwu Cement International's Altman Z-Score has ranged from 1.90 to 14.05. According to the industry distribution chart, Dongwu Cement International ranks #17 out of 406 companies in the Building Materials industry, placing it in the top 4.2%.
Is Dongwu Cement International's Altman Z-Score too high?
Dongwu Cement International's current Altman Z-Score of 13.81 is 326% above median its 10-year median of 3.24. Over the past 10 years, this metric has ranged from a low of 1.90 to a high of 14.05. The Building Materials industry median Altman Z-Score is 2.29. Dongwu Cement International's value of 13.81 is 503.1% above this industry median. Based on the distribution chart, Dongwu Cement International ranks #17 out of 406 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Dongwu Cement International has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dongwu Cement International's Altman Z-Score compare to CRH and MLM?
According to the Building Materials industry distribution chart, Dongwu Cement International ranks #17 out of 406 companies for Altman Z-Score. This places Dongwu Cement International in the top 4% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.29. Dongwu Cement International's value of 13.81 is 503.1% above this benchmark. Historically, Dongwu Cement International's own Altman Z-Score has ranged from 1.90 to 14.05 over the past decade. While the company's 10-year median is 3.24 vs. the industry median of 2.29, Dongwu Cement International 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 Building Materials company?
The median Altman Z-Score among Building Materials companies is 2.29, based on 406 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. Dongwu Cement International's current Altman Z-Score of 13.81 is 503.1% 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 Dongwu Cement International and its competitors. For the Building Materials industry, the median Altman Z-Score is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dongwu Cement International's current Altman Z-Score is 13.81, which is 326% above median its own 10-year median of 3.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dongwu Cement International stock overvalued right now?
Based on GuruFocus' analysis, Dongwu Cement International (HKSE:00695) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.68, compared to a current price of HK$7.88 — trading 369% above its estimated fair value. The current Altman Z-Score is 13.81, which is 326% above median its 10-year median of 3.24 and 503.1% above the Building Materials industry median of 2.29. Dongwu Cement International's overall GF Score™ is 38/100 with 4 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 Dongwu Cement International (HKSE:00695), the current Altman Z-Score is 13.81 as of Sep. 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 Dongwu Cement International (HKSE:00695) Overvalued in 2026?

Based on GuruFocus' analysis, Dongwu Cement International stock appears to be overvalued. The current stock price of HK$7.88 is trading 369% above its estimated GF Value™ of HK$1.68. GuruFocus considers Dongwu Cement International to be Significantly Overvalued.

Key valuation signals for HKSE:00695:

  • Altman Z-Score: 13.81 (326% above median its 10-year median of 3.24)
  • GF Value™: HK$1.68 vs. price of HK$7.88 (369% above fair value)
  • GF Score™: 38/100 with 4 warning signs
  • Industry Position: 503.1% above the Building Materials median (#17 of 406)

No single metric tells the full story. See the HKSE:00695 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dongwu Cement International Business Description

Address Fenhu Economic Development Zone, Lili Town, Jiangsu Province, Wujiang District, Suzhou, CHN
Dongwu Cement International Ltd is principally engaged in the production and export of cement. The company operates in segments namely Production and sale of cement, and Trading business. The company's revenue is generated from the Production and sale of cement. Geographically, the company operates in Jiangsu Province; Zhejiang Province; and Shanghai.
38GF Score

Get the complete analysis for HKSE:00695

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

HK$7.88
Price
HK$1.68
GF Value