OKG Technology Holdings (HKSE:01499) Altman Z-Score: 1.55 (As of Aug. 03, 2026) — 54% Below Median

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HKSE:01499 OKG Technology Holdings Ltd HKSE:01499
28 GF Score
Price HK$0.11
GF Value HK$0.26
Valuation Possible Value Trap
! 4 Warning Signs
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What is OKG Technology Holdings Altman Z-Score?

OKG Technology Holdings HKSE:01499 -0.91% 28 Altman Z-Score is 1.55 as of Aug. 03, 2026, which is 54% below its 10-year median of 3.37. GuruFocus rates HKSE:01499 with a GF Score™ of 28/100 and a GF Value™ of HK$0.26 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,753 Construction companies, OKG Technology Holdings ranks worse than 77.01% 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 1.2 is in distress zone. This implies bankruptcy possibility in the next two years.

OKG Technology Holdings has a Altman Z-Score of 1.55, 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 OKG Technology Holdings's Altman Z-Score or its related term are showing as below:

HKSE:01499' s Altman Z-Score Range Over the Past 10 Years
Min: 0.91   Med: 3.37   Max: 13.57
Current: 1.2

During the past 12 years, OKG Technology Holdings's highest Altman Z-Score was 13.57. The lowest was 0.91. And the median was 3.37.


OKG Technology Holdings  (HKSE:01499) 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.


OKG Technology Holdings Altman Z-Score Related Terms


OKG Technology Holdings Altman Z-Score Historical Data

* Premium members only.

The historical data trend for OKG Technology Holdings'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.

OKG Technology Holdings Altman Z-Score Chart

OKG Technology Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 2.00 0.91 1.45 0.00

OKG Technology Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.91 0.00 1.45 0.00 0.00

HKSE:01499 vs PWR, FIX, EME: Altman Z-Score Comparison

For the Engineering & Construction subindustry, OKG Technology Holdings'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.


OKG Technology Holdings Altman Z-Score vs Construction Industry

For the Construction industry and Industrials sector, OKG Technology Holdings's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where OKG Technology Holdings's Altman Z-Score falls into.


HKSE:01499
28GF Score
OKG Technology Holdings Ltd HKSE:01499
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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OKG Technology Holdings 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.

OKG Technology Holdings'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*0.0211+1.4*-0.5047+3.3*-0.091+0.6*3.1721+1.0*0.6287
=1.55

* 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 Mar. 2026:
Total Assets was HK$304.8 Mil.
Total Current Assets was HK$190.6 Mil.
Total Current Liabilities was HK$184.2 Mil.
Retained Earnings was HK$-153.9 Mil.
Pre-Tax Income was HK$-29.1 Mil.
Interest Expense was HK$-1.4 Mil.
Revenue was HK$191.7 Mil.
Market Cap (Today) was HK$585.4 Mil.
Total Liabilities was HK$184.5 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
=(190.638 - 184.198)/304.839
=0.0211

X2=Retained Earnings/Total Assets
=-153.854/304.839
=-0.5047

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-29.125 - -1.398)/304.839
=-0.091

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=585.386/184.545
=3.1721

X5=Revenue/Total Assets
=191.664/304.839
=0.6287

The zones of discrimination were as such:

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

OKG Technology Holdings has a Altman Z-Score of 1.55 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.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 1.55 mean?
OKG Technology Holdings (HKSE:01499) has a Altman Z-Score of 1.55 as of Aug. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on OKG Technology Holdings and its competitors. This is 54% below median its historical median of 3.37. Over the past decade, OKG Technology Holdings' Altman Z-Score has ranged from 0.91 to 13.57. According to the industry distribution chart, OKG Technology Holdings ranks #1350 out of 1753 companies in the Construction industry, placing it in the top 77%.
Is OKG Technology Holdings' Altman Z-Score too high?
OKG Technology Holdings' current Altman Z-Score of 1.55 is 54% below median its 10-year median of 3.37. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 13.57. The Construction industry median Altman Z-Score is 2.29. OKG Technology Holdings' value of 1.55 is 32.3% below this industry median. Based on the distribution chart, OKG Technology Holdings ranks #1350 out of 1753 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, OKG Technology Holdings has a GF Score™ of 28/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does OKG Technology Holdings' Altman Z-Score compare to PWR and FIX?
According to the Construction industry distribution chart, OKG Technology Holdings ranks #1350 out of 1753 companies for Altman Z-Score. This places OKG Technology Holdings in the lower half of its industry. The industry median Altman Z-Score is 2.29. OKG Technology Holdings' value of 1.55 is 32.3% below this benchmark. Historically, OKG Technology Holdings' own Altman Z-Score has ranged from 0.91 to 13.57 over the past decade. While the company's 10-year median is 3.37 vs. the industry median of 2.29, OKG Technology Holdings 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 Construction company?
The median Altman Z-Score among Construction companies is 2.29, based on 1,753 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. OKG Technology Holdings's current Altman Z-Score of 1.55 is 32.3% 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 OKG Technology Holdings and its competitors. For the Construction 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. OKG Technology Holdings's current Altman Z-Score is 1.55, which is 54% below median its own 10-year median of 3.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OKG Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, OKG Technology Holdings (HKSE:01499) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.26, compared to a current price of HK$0.11 — trading 58.1% below its estimated fair value. The current Altman Z-Score is 1.55, which is 54% below median its 10-year median of 3.37 and 32.3% below the Construction industry median of 2.29. OKG Technology Holdings' overall GF Score™ is 28/100 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 OKG Technology Holdings (HKSE:01499), the current Altman Z-Score is 1.55 as of Aug. 03, 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 OKG Technology Holdings (HKSE:01499) Overvalued in 2026?

Based on GuruFocus' analysis, OKG Technology Holdings stock appears to be undervalued. The current stock price of HK$0.11 is trading 58.1% below its estimated GF Value™ of HK$0.26. GuruFocus considers OKG Technology Holdings to be Possible Value Trap.

Key valuation signals for HKSE:01499:

  • Altman Z-Score: 1.55 (54% below median its 10-year median of 3.37)
  • GF Value™: HK$0.26 vs. price of HK$0.11 (58.1% below fair value)
  • GF Score™: 28/100 with 4 warning signs
  • Industry Position: 32.3% below the Construction median (#1350 of 1753)

No single metric tells the full story. See the HKSE:01499 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OKG Technology Holdings Business Description

Address 255-257 Gloucester Road, Unit 902-903, 9th Floor, Sino Plaza, Causeway Bay, Hong Kong, HKG
OKG Technology Holdings Ltd provides engineering and building services to the construction sector. The company's operating segment includes Foundation, building construction works and ancillary services; Technical services; Digital assets related businesses; and Other businesses. It generates maximum revenue from the Foundation, building construction works, and ancillary services segment. Geographically, it derives a majority of its revenue from Hong Kong.
28GF Score

Get the complete analysis for HKSE:01499

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

HK$0.11
Price
HK$0.26
GF Value