Shanghai Chicmax Cosmetic Co (HKSE:02145) Altman Z-Score: 6.31 (As of Aug. 09, 2026) — 25% Below Median

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HKSE:02145 Shanghai Chicmax Cosmetic Co Ltd HKSE:02145
79 GF Score
Price HK$27.72
GF Value HK$95.85
Valuation Significantly Undervalued
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What is Shanghai Chicmax Cosmetic Co Altman Z-Score?

Shanghai Chicmax Cosmetic Co HKSE:02145 -1.14% 79 Altman Z-Score is 6.31 as of Aug. 09, 2026, which is 25% below its 10-year median of 8.37. GuruFocus rates HKSE:02145 with a GF Score™ of 79/100 and a GF Value™ of HK$95.85 (Significantly Undervalued). Among 1,932 Consumer Packaged Goods companies, Shanghai Chicmax Cosmetic Co ranks better than 82.56% 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.

Good Sign:

Altman Z-score of 6.31 is strong.

Shanghai Chicmax Cosmetic Co has a Altman Z-Score of 6.31, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

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 Shanghai Chicmax Cosmetic Co's Altman Z-Score or its related term are showing as below:

HKSE:02145' s Altman Z-Score Range Over the Past 10 Years
Min: 6.31   Med: 8.37   Max: 10.96
Current: 6.31

During the past 7 years, Shanghai Chicmax Cosmetic Co's highest Altman Z-Score was 10.96. The lowest was 6.31. And the median was 8.37.


Shanghai Chicmax Cosmetic Co  (HKSE:02145) 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.


Shanghai Chicmax Cosmetic Co Altman Z-Score Related Terms


Shanghai Chicmax Cosmetic Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Shanghai Chicmax Cosmetic 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.

Shanghai Chicmax Cosmetic Co Altman Z-Score Chart

Shanghai Chicmax Cosmetic Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 0.00 6.43 7.70 9.03 10.96

Shanghai Chicmax Cosmetic Co Semi-Annual Data
Dec19 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 7.70 0.00 9.03 0.00 10.96

HKSE:02145 vs PG, CL, KVUE: Altman Z-Score Comparison

For the Household & Personal Products subindustry, Shanghai Chicmax Cosmetic 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.


Shanghai Chicmax Cosmetic Co Altman Z-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shanghai Chicmax Cosmetic Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Shanghai Chicmax Cosmetic Co's Altman Z-Score falls into.


HKSE:02145
79GF Score
Shanghai Chicmax Cosmetic Co Ltd HKSE:02145
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Chicmax Cosmetic 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.

Shanghai Chicmax Cosmetic 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*0.2924+1.4*0.2217+3.3*0.2826+0.6*4.7734+1.0*1.8476
=6.31

* 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$5,488 Mil.
Total Current Assets was HK$3,493 Mil.
Total Current Liabilities was HK$1,888 Mil.
Retained Earnings was HK$1,217 Mil.
Pre-Tax Income was HK$1,543 Mil.
Interest Expense was HK$-8 Mil.
Revenue was HK$10,139 Mil.
Market Cap (Today) was HK$11,036 Mil.
Total Liabilities was HK$2,312 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
=(3493.101 - 1888.346)/5487.545
=0.2924

X2=Retained Earnings/Total Assets
=1216.718/5487.545
=0.2217

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1542.665 - -8.172)/5487.545
=0.2826

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=11036.120/2312.009
=4.7734

X5=Revenue/Total Assets
=10138.942/5487.545
=1.8476

The zones of discrimination were as such:

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

Shanghai Chicmax Cosmetic Co has a Altman Z-Score of 6.31 indicating it is in Safe 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 6.31 mean?
Shanghai Chicmax Cosmetic Co (HKSE:02145) has a Altman Z-Score of 6.31 as of Aug. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Shanghai Chicmax Cosmetic Co and its competitors. This is 25% below median its historical median of 8.37. Over the past decade, Shanghai Chicmax Cosmetic Co's Altman Z-Score has ranged from 6.31 to 10.96. According to the industry distribution chart, Shanghai Chicmax Cosmetic Co ranks #337 out of 1932 companies in the Consumer Packaged Goods industry, placing it in the top 17.4%.
Is Shanghai Chicmax Cosmetic Co's Altman Z-Score too high?
Shanghai Chicmax Cosmetic Co's current Altman Z-Score of 6.31 is 25% below median its 10-year median of 8.37. Over the past 10 years, this metric has ranged from a low of 6.31 to a high of 10.96. The Consumer Packaged Goods industry median Altman Z-Score is 2.89. Shanghai Chicmax Cosmetic Co's value of 6.31 is 118.3% above this industry median. Based on the distribution chart, Shanghai Chicmax Cosmetic Co ranks #337 out of 1932 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Chicmax Cosmetic Co has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Chicmax Cosmetic Co's Altman Z-Score compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Shanghai Chicmax Cosmetic Co ranks #337 out of 1932 companies for Altman Z-Score. This places Shanghai Chicmax Cosmetic Co in the top 17% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.89. Shanghai Chicmax Cosmetic Co's value of 6.31 is 118.3% above this benchmark. Historically, Shanghai Chicmax Cosmetic Co's own Altman Z-Score has ranged from 6.31 to 10.96 over the past decade. While the company's 10-year median is 8.37 vs. the industry median of 2.89, Shanghai Chicmax Cosmetic Co 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 Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.89, based on 1,932 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. Shanghai Chicmax Cosmetic Co's current Altman Z-Score of 6.31 is 118.3% 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 Shanghai Chicmax Cosmetic Co and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Chicmax Cosmetic Co's current Altman Z-Score is 6.31, which is 25% below median its own 10-year median of 8.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Chicmax Cosmetic Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Chicmax Cosmetic Co (HKSE:02145) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$95.85, compared to a current price of HK$27.72 — trading 71.1% below its estimated fair value. The current Altman Z-Score is 6.31, which is 25% below median its 10-year median of 8.37 and 118.3% above the Consumer Packaged Goods industry median of 2.89. Shanghai Chicmax Cosmetic Co's overall GF Score™ is 79/100. 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 Shanghai Chicmax Cosmetic Co (HKSE:02145), the current Altman Z-Score is 6.31 as of Aug. 09, 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 Shanghai Chicmax Cosmetic Co (HKSE:02145) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Chicmax Cosmetic Co stock appears to be undervalued. The current stock price of HK$27.72 is trading 71.1% below its estimated GF Value™ of HK$95.85. GuruFocus considers Shanghai Chicmax Cosmetic Co to be Significantly Undervalued.

Key valuation signals for HKSE:02145:

  • Altman Z-Score: 6.31 (25% below median its 10-year median of 8.37)
  • GF Value™: HK$95.85 vs. price of HK$27.72 (71.1% below fair value)
  • GF Score™: 79/100
  • Industry Position: 118.3% above the Consumer Packaged Goods median (#337 of 1932)

No single metric tells the full story. See the HKSE:02145 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Chicmax Cosmetic Co Business Description

Address Jumeng Tiandi Plaza No. 710 Yishan Road, 22nd Floor, Building 5, Xuhui District, Shanghai, CHN
Shanghai Chicmax Cosmetic Co Ltd is a China-based multi-brand cosmetics company mainly engaged in the research, development, production, and sales of skincare, maternity, and childcare products. It offers a wide range of cosmetics products under various brands, including KANS, One Leaf, and Baby Elephant. The company's products include skin care products, maternal and childcare products, toiletries, and others. The group operates in one single business unit that includes mainly the manufacture and sale of cosmetic products.
79GF Score

Get the complete analysis for HKSE:02145

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

HK$27.72
Price
HK$95.85
GF Value