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Shun Wo Group HoldingsHKSE:01591 52 Altman Z-Score is 2.92 as of Jul. 20, 2026, which is 34% below its 10-year median of 4.42. GuruFocus rates HKSE:01591 with a GF Score™ of 52/100 and a GF Value™ of HK$0.13 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,756 Construction companies, Shun Wo Group Holdings ranks better than 51.77% 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 2.37 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.
Shun Wo Group Holdings has a Altman Z-Score of 2.92, indicating it is in Grey Zones. This implies that Shun Wo Group Holdings 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 Shun Wo Group Holdings's Altman Z-Score or its related term are showing as below:
HKSE:01591'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.33 Med: 4.42 Max: 17.24
Current: 2.37
During the past 13 years, Shun Wo Group Holdings's highest Altman Z-Score was 17.24. The lowest was 2.33. And the median was 4.42.
Shun Wo Group Holdings (HKSE:01591) 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.
Altman Z-Score does not apply to financial companies.
Shun Wo Group Holdings Altman Z-Score Related Terms
Shun Wo Group Holdings Altman Z-Score Historical Data
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The historical data trend for Shun Wo Group 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.
HKSE:01591 vs PWR, FIX, EME: Altman Z-Score Comparison
For the Engineering & Construction subindustry, Shun Wo Group 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.
Shun Wo Group Holdings Altman Z-Score vs Construction Industry
For the Construction industry and Industrials sector, Shun Wo Group Holdings's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Shun Wo Group Holdings's Altman Z-Score falls into.
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.
Shun Wo Group Holdings (HKSE:01591) has a Altman Z-Score of 2.92 as of Jul. 20, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Shun Wo Group Holdings and its competitors. This is 34% below median its historical median of 4.42. Over the past decade, Shun Wo Group Holdings' Altman Z-Score has ranged from 2.33 to 17.24. According to the industry distribution chart, Shun Wo Group Holdings ranks #847 out of 1756 companies in the Construction industry, placing it in the top 48.2%.
Is Shun Wo Group Holdings' Altman Z-Score too high?
Shun Wo Group Holdings' current Altman Z-Score of 2.92 is 34% below median its 10-year median of 4.42. Over the past 10 years, this metric has ranged from a low of 2.33 to a high of 17.24. The Construction industry median Altman Z-Score is 2.31. Shun Wo Group Holdings' value of 2.92 is 26.4% above this industry median. Based on the distribution chart, Shun Wo Group Holdings ranks #847 out of 1756 companies in the Construction industry, which is above the industry midpoint. Overall, Shun Wo Group Holdings has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shun Wo Group Holdings' Altman Z-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Shun Wo Group Holdings ranks #847 out of 1756 companies for Altman Z-Score. This puts Shun Wo Group Holdings in the upper half of its industry. The industry median Altman Z-Score is 2.31. Shun Wo Group Holdings' value of 2.92 is 26.4% above this benchmark. Historically, Shun Wo Group Holdings' own Altman Z-Score has ranged from 2.33 to 17.24 over the past decade. While the company's 10-year median is 4.42 vs. the industry median of 2.31, Shun Wo Group Holdings 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 Construction company?
The median Altman Z-Score among Construction companies is 2.31, based on 1,756 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. Shun Wo Group Holdings's current Altman Z-Score of 2.92 is 26.4% 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 Shun Wo Group Holdings and its competitors. For the Construction industry, the median Altman Z-Score is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shun Wo Group Holdings's current Altman Z-Score is 2.92, which is 34% below median its own 10-year median of 4.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shun Wo Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shun Wo Group Holdings (HKSE:01591) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.13, compared to a current price of HK$0.13 — trading 3.1% below its estimated fair value. The current Altman Z-Score is 2.92, which is 34% below median its 10-year median of 4.42 and 26.4% above the Construction industry median of 2.31. Shun Wo Group Holdings' overall GF Score™ is 52/100 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 Shun Wo Group Holdings (HKSE:01591), the current Altman Z-Score is 2.92 as of Jul. 20, 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 Shun Wo Group Holdings (HKSE:01591) Overvalued in 2026?
Based on GuruFocus' analysis, Shun Wo Group Holdings stock appears to be undervalued.
The current stock price of HK$0.13 is trading 3.1% below its estimated GF Value™ of HK$0.13.
GuruFocus considers Shun Wo Group Holdings to be Fairly Valued.
Key valuation signals for HKSE:01591:
Altman Z-Score: 2.92 (34% below median its 10-year median of 4.42)
GF Value™: HK$0.13 vs. price of HK$0.13 (3.1% below fair value)
Industry Position: 26.4% above the Construction median (#847 of 1756)
No single metric tells the full story. See the HKSE:01591 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shun Wo Group Holdings Ltd operates as a foundation works contractor in Hong Kong. It undertakes excavation and lateral support works, socketed H-piling and mini-piling works, and pile caps construction works. Its services are mainly required in the construction of residential, industrial, and commercial buildings. The group engages in business in Hong Kong. It derives revenue from Main contracting and Sub-contracting sources, of which key revenue is generated from Main contracting services.
52GF Score
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