Beijing UBOX Online Technology (HKSE:02429) Altman Z-Score: 2.59 (As of Jul. 21, 2026) — 10% Below Median

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HKSE:02429 Beijing UBOX Online Technology Corp HKSE:02429
32 GF Score
Price HK$2.44
! 2 Warning Signs
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What is Beijing UBOX Online Technology Altman Z-Score?

Beijing UBOX Online Technology HKSE:02429 +0.83% 32 Altman Z-Score is 2.59 as of Jul. 21, 2026, which is 10% below its 10-year median of 2.88. GuruFocus rates HKSE:02429 with a GF Score™ of 32/100. The stock has 2 warning signs investors should review. Among 310 Retail - Defensive companies, Beijing UBOX Online Technology ranks worse than 71.61% 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 2.51 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.

Beijing UBOX Online Technology has a Altman Z-Score of 2.59, indicating it is in Grey Zones. This implies that Beijing UBOX Online Technology 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 Beijing UBOX Online Technology's Altman Z-Score or its related term are showing as below:

HKSE:02429' s Altman Z-Score Range Over the Past 10 Years
Min: 2.51   Med: 2.88   Max: 11.79
Current: 2.51

During the past 7 years, Beijing UBOX Online Technology's highest Altman Z-Score was 11.79. The lowest was 2.51. And the median was 2.88.


Beijing UBOX Online Technology  (HKSE:02429) 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.


Beijing UBOX Online Technology Altman Z-Score Related Terms


Beijing UBOX Online Technology Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Beijing UBOX Online Technology'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.

Beijing UBOX Online Technology Altman Z-Score Chart

Beijing UBOX Online Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 11.79 2.88 2.60

Beijing UBOX Online Technology Semi-Annual Data
Dec19 Dec20 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 11.79 0.00 2.88 0.00 2.60

HKSE:02429 vs KR: Altman Z-Score Comparison

For the Grocery Stores subindustry, Beijing UBOX Online Technology'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.


Beijing UBOX Online Technology Altman Z-Score vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Beijing UBOX Online Technology's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Beijing UBOX Online Technology's Altman Z-Score falls into.


HKSE:02429
32GF Score
Beijing UBOX Online Technology Corp HKSE:02429
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Beijing UBOX Online Technology 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.

Beijing UBOX Online Technology'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*0.3968+1.4*-1.2277+3.3*-0.038+0.6*3.9538+1.0*1.5856
=2.59

* 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$1,922 Mil.
Total Current Assets was HK$1,338 Mil.
Total Current Liabilities was HK$575 Mil.
Retained Earnings was HK$-2,360 Mil.
Pre-Tax Income was HK$-79 Mil.
Interest Expense was HK$-6 Mil.
Revenue was HK$3,047 Mil.
Market Cap (Today) was HK$2,396 Mil.
Total Liabilities was HK$606 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
=(1337.506 - 574.895)/1921.929
=0.3968

X2=Retained Earnings/Total Assets
=-2359.645/1921.929
=-1.2277

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-78.711 - -5.639)/1921.929
=-0.038

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2395.730/605.93
=3.9538

X5=Revenue/Total Assets
=3047.374/1921.929
=1.5856

The zones of discrimination were as such:

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

Beijing UBOX Online Technology has a Altman Z-Score of 2.59 indicating it is in Grey 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 2.59 mean?
Beijing UBOX Online Technology (HKSE:02429) has a Altman Z-Score of 2.59 as of Jul. 21, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Beijing UBOX Online Technology and its competitors. This is 10% below median its historical median of 2.88. Over the past decade, Beijing UBOX Online Technology's Altman Z-Score has ranged from 2.51 to 11.79. According to the industry distribution chart, Beijing UBOX Online Technology ranks #222 out of 310 companies in the Retail - Defensive industry, placing it in the top 71.6%.
Is Beijing UBOX Online Technology's Altman Z-Score too high?
Beijing UBOX Online Technology's current Altman Z-Score of 2.59 is 10% below median its 10-year median of 2.88. Over the past 10 years, this metric has ranged from a low of 2.51 to a high of 11.79. The Retail - Defensive industry median Altman Z-Score is 3.53. Beijing UBOX Online Technology's value of 2.59 is 26.5% below this industry median. Based on the distribution chart, Beijing UBOX Online Technology ranks #222 out of 310 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Beijing UBOX Online Technology has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Beijing UBOX Online Technology's Altman Z-Score compare to KR?
According to the Retail - Defensive industry distribution chart, Beijing UBOX Online Technology ranks #222 out of 310 companies for Altman Z-Score. This places Beijing UBOX Online Technology in the lower half of its industry. The industry median Altman Z-Score is 3.53. Beijing UBOX Online Technology's value of 2.59 is 26.5% below this benchmark. Historically, Beijing UBOX Online Technology's own Altman Z-Score has ranged from 2.51 to 11.79 over the past decade. While the company's 10-year median is 2.88 vs. the industry median of 3.53, Beijing UBOX Online Technology 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 - Defensive company?
The median Altman Z-Score among Retail - Defensive companies is 3.53, based on 310 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. Beijing UBOX Online Technology's current Altman Z-Score of 2.59 is 26.5% 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 Beijing UBOX Online Technology and its competitors. For the Retail - Defensive industry, the median Altman Z-Score is 3.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing UBOX Online Technology's current Altman Z-Score is 2.59, which is 10% below median its own 10-year median of 2.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing UBOX Online Technology stock overvalued right now?
Beijing UBOX Online Technology (HKSE:02429) has a current Altman Z-Score of 2.59. The current Altman Z-Score is 2.59, which is 10% below median its 10-year median of 2.88 and 26.5% below the Retail - Defensive industry median of 3.53. Beijing UBOX Online Technology's overall GF Score™ is 32/100 with 2 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 Beijing UBOX Online Technology (HKSE:02429), the current Altman Z-Score is 2.59 as of Jul. 21, 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.

Beijing UBOX Online Technology Business Description

Address West Second Shenyun Road, 4th Floor, Tower A, Tagen Knowledge & Innovation Center, Nanshan, Shenzhen, CHN
Beijing UBOX Online Technology Corp is a vending machine operator in mainland China. It has four segments: Unmanned retail business, Merchandise wholesale, Advertising and system support services, and Others. The key revenue is generated from Unmanned retail business which consists of sales of fast-moving consumer goods such as food and beverage to end customers through a network of vending machines located at the POSs developed by the Group or POSs partners. All of the businesses of the Group are carried out in the PRC.
32GF Score

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

HK$2.44
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