Lifestyle China Group (HKSE:02136) Altman Z-Score: 0.57 (As of Jul. 23, 2026) — 14% Below Median

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HKSE:02136 Lifestyle China Group Ltd HKSE:02136
50 GF Score
Price HK$0.60
GF Value HK$0.73
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Lifestyle China Group Altman Z-Score?

Lifestyle China Group HKSE:02136 50 Altman Z-Score is 0.57 as of Jul. 23, 2026, which is 14% below its 10-year median of 0.66. GuruFocus rates HKSE:02136 with a GF Score™ of 50/100 and a GF Value™ of HK$0.73 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,114 Retail - Cyclical companies, Lifestyle China Group ranks worse than 88.24% 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 0.57 is in distress zone. This implies bankruptcy possibility in the next two years.

Lifestyle China Group has a Altman Z-Score of 0.57, 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 Lifestyle China Group's Altman Z-Score or its related term are showing as below:

HKSE:02136' s Altman Z-Score Range Over the Past 10 Years
Min: 0.57   Med: 0.66   Max: 1.12
Current: 0.57

During the past 13 years, Lifestyle China Group's highest Altman Z-Score was 1.12. The lowest was 0.57. And the median was 0.66.


Lifestyle China Group  (HKSE:02136) 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.


Lifestyle China Group Altman Z-Score Related Terms


Lifestyle China Group Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Lifestyle China 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.

Lifestyle China Group Altman Z-Score Chart

Lifestyle China Group 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 0.69 0.57 0.62 0.63 0.58

Lifestyle China Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.62 0.00 0.63 0.00 0.58

HKSE:02136 vs DDS: Altman Z-Score Comparison

For the Department Stores subindustry, Lifestyle China 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.


Lifestyle China Group Altman Z-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lifestyle China Group's Altman Z-Score distribution charts can be found below:

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


HKSE:02136
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Lifestyle China Group Ltd HKSE:02136
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Lifestyle China 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.

Lifestyle China 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*0.1123+1.4*0.1591+3.3*0.0182+0.6*0.1386+1.0*0.0719
=0.57

* 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$18,602 Mil.
Total Current Assets was HK$3,301 Mil.
Total Current Liabilities was HK$1,212 Mil.
Retained Earnings was HK$2,959 Mil.
Pre-Tax Income was HK$158 Mil.
Interest Expense was HK$-181 Mil.
Revenue was HK$1,337 Mil.
Market Cap (Today) was HK$879 Mil.
Total Liabilities was HK$6,340 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
=(3300.519 - 1212.245)/18601.547
=0.1123

X2=Retained Earnings/Total Assets
=2959.373/18601.547
=0.1591

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(158.441 - -180.823)/18601.547
=0.0182

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=878.669/6339.52
=0.1386

X5=Revenue/Total Assets
=1337.413/18601.547
=0.0719

The zones of discrimination were as such:

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

Lifestyle China Group has a Altman Z-Score of 0.57 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 0.57 mean?
Lifestyle China Group (HKSE:02136) has a Altman Z-Score of 0.57 as of Jul. 23, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Lifestyle China Group and its competitors. This is 14% below median its historical median of 0.66. Over the past decade, Lifestyle China Group's Altman Z-Score has ranged from 0.57 to 1.12. According to the industry distribution chart, Lifestyle China Group ranks #983 out of 1114 companies in the Retail - Cyclical industry, placing it in the top 88.2%.
Is Lifestyle China Group's Altman Z-Score too high?
Lifestyle China Group's current Altman Z-Score of 0.57 is 14% below median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 1.12. The Retail - Cyclical industry median Altman Z-Score is 2.75. Lifestyle China Group's value of 0.57 is 79.3% below this industry median. Based on the distribution chart, Lifestyle China Group ranks #983 out of 1114 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Lifestyle China Group has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lifestyle China Group's Altman Z-Score compare to DDS?
According to the Retail - Cyclical industry distribution chart, Lifestyle China Group ranks #983 out of 1114 companies for Altman Z-Score. This places Lifestyle China Group in the lower half of its industry. The industry median Altman Z-Score is 2.75. Lifestyle China Group's value of 0.57 is 79.3% below this benchmark. Historically, Lifestyle China Group's own Altman Z-Score has ranged from 0.57 to 1.12 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 2.75, Lifestyle China 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 a Retail - Cyclical company?
The median Altman Z-Score among Retail - Cyclical companies is 2.75, based on 1,114 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. Lifestyle China Group's current Altman Z-Score of 0.57 is 79.3% 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 Lifestyle China Group and its competitors. For the Retail - Cyclical industry, the median Altman Z-Score is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lifestyle China Group's current Altman Z-Score is 0.57, which is 14% below median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lifestyle China Group stock overvalued right now?
Based on GuruFocus' analysis, Lifestyle China Group (HKSE:02136) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.73, compared to a current price of HK$0.60 — trading 17.8% below its estimated fair value. The current Altman Z-Score is 0.57, which is 14% below median its 10-year median of 0.66 and 79.3% below the Retail - Cyclical industry median of 2.75. Lifestyle China Group's overall GF Score™ is 50/100 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 Lifestyle China Group (HKSE:02136), the current Altman Z-Score is 0.57 as of Jul. 23, 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 Lifestyle China Group (HKSE:02136) Overvalued in 2026?

Based on GuruFocus' analysis, Lifestyle China Group stock appears to be undervalued. The current stock price of HK$0.60 is trading 17.8% below its estimated GF Value™ of HK$0.73. GuruFocus considers Lifestyle China Group to be Modestly Undervalued.

Key valuation signals for HKSE:02136:

  • Altman Z-Score: 0.57 (14% below median its 10-year median of 0.66)
  • GF Value™: HK$0.73 vs. price of HK$0.60 (17.8% below fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 79.3% below the Retail - Cyclical median (#983 of 1114)

No single metric tells the full story. See the HKSE:02136 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lifestyle China Group Business Description

Address 555 Hennessy Road, 20th Floor, East Point Centre, Causeway Bay, Hong Kong, HKG
Lifestyle China Group Ltd is an investment holding company. It is engaged in the operation of department stores and related retailing business as well as property investment in the PRC. Geographically, the company derives all of its revenues from China.
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Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.60
Price
HK$0.73
GF Value