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Prosper One International Holdings Co (HKSE:01470) Altman Z-Score : -0.36 (As of Mar. 24, 2025)


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What is Prosper One International Holdings Co Altman Z-Score?

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 -0.37 is in distress zone. This implies bankruptcy possibility in the next two years.

Prosper One International Holdings Co has a Altman Z-Score of -0.36, 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 Prosper One International Holdings Co's Altman Z-Score or its related term are showing as below:

HKSE:01470' s Altman Z-Score Range Over the Past 10 Years
Min: -0.4   Med: 0.97   Max: 8.41
Current: -0.37

During the past 11 years, Prosper One International Holdings Co's highest Altman Z-Score was 8.41. The lowest was -0.40. And the median was 0.97.


Prosper One International Holdings Co Altman Z-Score Historical Data

The historical data trend for Prosper One International Holdings Co'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.

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Prosper One International Holdings Co Altman Z-Score Chart

Prosper One International Holdings Co Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.14 0.97 -0.24 -0.32 -0.40

Prosper One International Holdings Co Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 - -0.32 - -0.40 -

Competitive Comparison of Prosper One International Holdings Co's Altman Z-Score

For the Luxury Goods subindustry, Prosper One International Holdings Co'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.


Prosper One International Holdings Co's Altman Z-Score Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Prosper One International Holdings Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Prosper One International Holdings Co's Altman Z-Score falls into.



Prosper One International Holdings Co 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.

Prosper One International Holdings Co'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*0.0786+1.4*-0.7972+3.3*0.0272+0.6*0.2688+1.0*0.4151
=-0.36

* 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 Apr. 2024:
Total Assets was HK$173.09 Mil.
Total Current Assets was HK$171.32 Mil.
Total Current Liabilities was HK$157.72 Mil.
Retained Earnings was HK$-138.00 Mil.
Pre-Tax Income was HK$4.54 Mil.
Interest Expense was HK$-0.17 Mil.
Revenue was HK$71.85 Mil.
Market Cap (Today) was HK$42.40 Mil.
Total Liabilities was HK$157.72 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
=(171.322 - 157.719)/173.09
=0.0786

X2=Retained Earnings/Total Assets
=-137.995/173.09
=-0.7972

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(4.544 - -0.171)/173.09
=0.0272

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=42.400/157.719
=0.2688

X5=Revenue/Total Assets
=71.854/173.09
=0.4151

The zones of discrimination were as such:

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

Prosper One International Holdings Co has a Altman Z-Score of -0.36 indicating it is in Distress Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.


Prosper One International Holdings Co  (HKSE:01470) 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.


Prosper One International Holdings Co Altman Z-Score Related Terms

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Prosper One International Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
No. 183 Queen’s Road East, Room 4801, 48th Floor, Wanchai, Hong Kong, HKG
Prosper One International Holdings Co Ltd is an investment holding company acting as an agent in the sales and trading of fertilisers and other related products. The company operates through three segments: Wholesale business of watches; Trading of fertilisers and other related products; and Manufacture and sales of compound fertilisers. The company generates the majority of its revenue from the manufacture and sales of compound fertilisers in Mainland China. Geographically the company generates revenue from Mailand China and Hong Kong.
Executives
Changjiang Absolute Return China Fund 2102 Investment manager
Meng Guangyin 2201 Interest of corporation controlled by you
Prosper One Enterprises Limited 2101 Beneficial owner

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