China Kepei Education Group (HKSE:01890) Altman Z-Score: 1.55 (As of Aug. 24, 2026) — 18% Below Median

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HKSE:01890 China Kepei Education Group Ltd HKSE:01890
87 GF Score
Price HK$0.90
GF Value HK$1.89
Valuation Possible Value Trap
! 5 Warning Signs
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What is China Kepei Education Group Altman Z-Score?

China Kepei Education Group HKSE:01890 87 Altman Z-Score is 1.55 as of Aug. 24, 2026, which is 18% below its 10-year median of 1.88. GuruFocus rates HKSE:01890 with a GF Score™ of 87/100 and a GF Value™ of HK$1.89 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 248 Education companies, China Kepei Education Group ranks worse than 62.5% 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 1.54 is in distress zone. This implies bankruptcy possibility in the next two years.

China Kepei Education Group 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 China Kepei Education Group's Altman Z-Score or its related term are showing as below:

HKSE:01890' s Altman Z-Score Range Over the Past 10 Years
Min: 1.51   Med: 1.88   Max: 7.38
Current: 1.54

During the past 10 years, China Kepei Education Group's highest Altman Z-Score was 7.38. The lowest was 1.51. And the median was 1.88.


China Kepei Education Group  (HKSE:01890) 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.


China Kepei Education Group Altman Z-Score Related Terms


China Kepei Education Group Altman Z-Score Historical Data

* Premium members only.

The historical data trend for China Kepei Education Group'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.

China Kepei Education Group Altman Z-Score Chart

China Kepei Education Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Aug22 Aug23 Aug24 Aug25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.23 1.51 1.87 1.88 1.80

China Kepei Education Group Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.00 1.88 0.00 1.80 0.00

HKSE:01890 vs EDU, TAL, LAUR: Altman Z-Score Comparison

For the Education & Training Services subindustry, China Kepei Education 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.


China Kepei Education Group Altman Z-Score vs Education Industry

For the Education industry and Consumer Defensive sector, China Kepei Education Group's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where China Kepei Education Group's Altman Z-Score falls into.


HKSE:01890
87GF Score
China Kepei Education Group Ltd HKSE:01890
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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China Kepei Education 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.

China Kepei Education Group'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*-0.0895+1.4*0.5469+3.3*0.0953+0.6*0.5871+1.0*0.2204
=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 Aug. 2025:
Total Assets was HK$9,267 Mil.
Total Current Assets was HK$1,555 Mil.
Total Current Liabilities was HK$2,385 Mil.
Retained Earnings was HK$5,068 Mil.
Pre-Tax Income was HK$850 Mil.
Interest Expense was HK$-34 Mil.
Revenue was HK$2,043 Mil.
Market Cap (Today) was HK$1,813 Mil.
Total Liabilities was HK$3,088 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
=(1555.174 - 2384.816)/9266.722
=-0.0895

X2=Retained Earnings/Total Assets
=5067.758/9266.722
=0.5469

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(849.7 - -33.567)/9266.722
=0.0953

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1812.824/3087.84
=0.5871

X5=Revenue/Total Assets
=2042.701/9266.722
=0.2204

The zones of discrimination were as such:

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

China Kepei Education Group 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?
China Kepei Education Group (HKSE:01890) has a Altman Z-Score of 1.55 as of Aug. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on China Kepei Education Group and its competitors. This is 18% below median its historical median of 1.88. Over the past decade, China Kepei Education Group's Altman Z-Score has ranged from 1.51 to 7.38. According to the industry distribution chart, China Kepei Education Group ranks #155 out of 248 companies in the Education industry, placing it in the top 62.5%.
Is China Kepei Education Group's Altman Z-Score too high?
China Kepei Education Group's current Altman Z-Score of 1.55 is 18% below median its 10-year median of 1.88. Over the past 10 years, this metric has ranged from a low of 1.51 to a high of 7.38. The Education industry median Altman Z-Score is 2.32. China Kepei Education Group's value of 1.55 is 33% below this industry median. Based on the distribution chart, China Kepei Education Group ranks #155 out of 248 companies in the Education industry, which is below the industry midpoint. Overall, China Kepei Education Group has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Kepei Education Group's Altman Z-Score compare to EDU and TAL?
According to the Education industry distribution chart, China Kepei Education Group ranks #155 out of 248 companies for Altman Z-Score. This places China Kepei Education Group in the lower half of its industry. The industry median Altman Z-Score is 2.32. China Kepei Education Group's value of 1.55 is 33% below this benchmark. Historically, China Kepei Education Group's own Altman Z-Score has ranged from 1.51 to 7.38 over the past decade. While the company's 10-year median is 1.88 vs. the industry median of 2.32, China Kepei Education 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 an Education company?
The median Altman Z-Score among Education companies is 2.32, based on 248 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. China Kepei Education Group's current Altman Z-Score of 1.55 is 33% 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 China Kepei Education Group and its competitors. For the Education industry, the median Altman Z-Score is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Kepei Education Group's current Altman Z-Score is 1.55, which is 18% below median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Kepei Education Group stock overvalued right now?
Based on GuruFocus' analysis, China Kepei Education Group (HKSE:01890) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.89, compared to a current price of HK$0.90 — trading 52.4% below its estimated fair value. The current Altman Z-Score is 1.55, which is 18% below median its 10-year median of 1.88 and 33% below the Education industry median of 2.32. China Kepei Education Group's overall GF Score™ is 87/100 with 5 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 China Kepei Education Group (HKSE:01890), the current Altman Z-Score is 1.55 as of Aug. 24, 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 China Kepei Education Group (HKSE:01890) Overvalued in 2026?

Based on GuruFocus' analysis, China Kepei Education Group stock appears to be undervalued. The current stock price of HK$0.90 is trading 52.4% below its estimated GF Value™ of HK$1.89. GuruFocus considers China Kepei Education Group to be Possible Value Trap.

Key valuation signals for HKSE:01890:

  • Altman Z-Score: 1.55 (18% below median its 10-year median of 1.88)
  • GF Value™: HK$1.89 vs. price of HK$0.90 (52.4% below fair value)
  • GF Score™: 87/100 with 5 warning signs
  • Industry Position: 33% below the Education median (#155 of 248)

No single metric tells the full story. See the HKSE:01890 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Kepei Education Group Business Description

Other Exchanges 9CK:Germany
Address Qifu Road, Gaoyao District, Guangdong Province, Zhaoqing, CHN
China Kepei Education Group Ltd is a provider of private vocational education services in China focusing on profession-oriented and vocational education. It earns revenues from tuition fees, higher education program, Secondary vocational education, Boarding fees and other educational services. The company-operated schools include Guangdong Polytechnic College, an undergraduate-level higher education institution; and Zhaoqing Science and Technology Secondary Vocational School both located in Zhaoqing, Guangdong Province. The Company operates and Generates revenue from China.
87GF Score

Get the complete analysis for HKSE:01890

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

HK$0.90
Price
HK$1.89
GF Value