Nanjing Sinolife United Co (HKSE:03332) Altman Z-Score: 1.75 (As of Jul. 27, 2026) — 12% Below Median

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HKSE:03332 Nanjing Sinolife United Co Ltd HKSE:03332
57 GF Score
Price HK$0.15
GF Value HK$0.57
Valuation Possible Value Trap
! 3 Warning Signs
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What is Nanjing Sinolife United Co Altman Z-Score?

Nanjing Sinolife United Co HKSE:03332 +47.06% 57 Altman Z-Score is 1.75 as of Jul. 27, 2026, which is 12% below its 10-year median of 1.98. GuruFocus rates HKSE:03332 with a GF Score™ of 57/100 and a GF Value™ of HK$0.57 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,932 Consumer Packaged Goods companies, Nanjing Sinolife United Co ranks worse than 74.64% 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 1.62 is in distress zone. This implies bankruptcy possibility in the next two years.

Nanjing Sinolife United Co has a Altman Z-Score of 1.75, 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 Nanjing Sinolife United Co's Altman Z-Score or its related term are showing as below:

HKSE:03332' s Altman Z-Score Range Over the Past 10 Years
Min: 0.24   Med: 1.98   Max: 9.78
Current: 1.62

During the past 13 years, Nanjing Sinolife United Co's highest Altman Z-Score was 9.78. The lowest was 0.24. And the median was 1.98.


Nanjing Sinolife United Co  (HKSE:03332) 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.


Nanjing Sinolife United Co Altman Z-Score Related Terms


Nanjing Sinolife United Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Nanjing Sinolife United 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.

Nanjing Sinolife United Co Altman Z-Score Chart

Nanjing Sinolife United Co 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 0.70 0.24 2.03 4.07 2.38

Nanjing Sinolife United Co 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 2.03 0.00 4.07 0.00 2.38

HKSE:03332 vs KHC, GIS: Altman Z-Score Comparison

For the Packaged Foods subindustry, Nanjing Sinolife United 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.


Nanjing Sinolife United Co Altman Z-Score vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Nanjing Sinolife United Co's Altman Z-Score falls into.


HKSE:03332
57GF Score
Nanjing Sinolife United Co Ltd HKSE:03332
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Nanjing Sinolife United 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.

Nanjing Sinolife United 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*0.4082+1.4*-0.4306+3.3*0.0505+0.6*0.6889+1.0*1.2808
=1.75

* 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$666.7 Mil.
Total Current Assets was HK$434.0 Mil.
Total Current Liabilities was HK$161.9 Mil.
Retained Earnings was HK$-287.1 Mil.
Pre-Tax Income was HK$29.6 Mil.
Interest Expense was HK$-4.1 Mil.
Revenue was HK$853.9 Mil.
Market Cap (Today) was HK$141.9 Mil.
Total Liabilities was HK$206.0 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
=(433.985 - 161.872)/666.661
=0.4082

X2=Retained Earnings/Total Assets
=-287.087/666.661
=-0.4306

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(29.568 - -4.11)/666.661
=0.0505

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=141.944/206.036
=0.6889

X5=Revenue/Total Assets
=853.871/666.661
=1.2808

The zones of discrimination were as such:

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

Nanjing Sinolife United Co has a Altman Z-Score of 1.75 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 1.75 mean?
Nanjing Sinolife United Co (HKSE:03332) has a Altman Z-Score of 1.75 as of Jul. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Nanjing Sinolife United Co and its competitors. This is 12% below median its historical median of 1.98. Over the past decade, Nanjing Sinolife United Co's Altman Z-Score has ranged from 0.24 to 9.78. According to the industry distribution chart, Nanjing Sinolife United Co ranks #1442 out of 1932 companies in the Consumer Packaged Goods industry, placing it in the top 74.6%.
Is Nanjing Sinolife United Co's Altman Z-Score too high?
Nanjing Sinolife United Co's current Altman Z-Score of 1.75 is 12% below median its 10-year median of 1.98. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 9.78. The Consumer Packaged Goods industry median Altman Z-Score is 2.85. Nanjing Sinolife United Co's value of 1.75 is 38.6% below this industry median. Based on the distribution chart, Nanjing Sinolife United Co ranks #1442 out of 1932 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Nanjing Sinolife United Co has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nanjing Sinolife United Co's Altman Z-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nanjing Sinolife United Co ranks #1442 out of 1932 companies for Altman Z-Score. This places Nanjing Sinolife United Co in the lower half of its industry. The industry median Altman Z-Score is 2.85. Nanjing Sinolife United Co's value of 1.75 is 38.6% below this benchmark. Historically, Nanjing Sinolife United Co's own Altman Z-Score has ranged from 0.24 to 9.78 over the past decade. While the company's 10-year median is 1.98 vs. the industry median of 2.85, Nanjing Sinolife United Co 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 Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.85, 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. Nanjing Sinolife United Co's current Altman Z-Score of 1.75 is 38.6% 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 Nanjing Sinolife United Co and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanjing Sinolife United Co's current Altman Z-Score is 1.75, which is 12% below median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing Sinolife United Co stock overvalued right now?
Based on GuruFocus' analysis, Nanjing Sinolife United Co (HKSE:03332) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.57, compared to a current price of HK$0.15 — trading 73.7% below its estimated fair value. The current Altman Z-Score is 1.75, which is 12% below median its 10-year median of 1.98 and 38.6% below the Consumer Packaged Goods industry median of 2.85. Nanjing Sinolife United Co's overall GF Score™ is 57/100 with 3 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 Nanjing Sinolife United Co (HKSE:03332), the current Altman Z-Score is 1.75 as of Jul. 27, 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 Nanjing Sinolife United Co (HKSE:03332) Overvalued in 2026?

Based on GuruFocus' analysis, Nanjing Sinolife United Co stock appears to be undervalued. The current stock price of HK$0.15 is trading 73.7% below its estimated GF Value™ of HK$0.57. GuruFocus considers Nanjing Sinolife United Co to be Possible Value Trap.

Key valuation signals for HKSE:03332:

  • Altman Z-Score: 1.75 (12% below median its 10-year median of 1.98)
  • GF Value™: HK$0.57 vs. price of HK$0.15 (73.7% below fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 38.6% below the Consumer Packaged Goods median (#1442 of 1932)

No single metric tells the full story. See the HKSE:03332 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nanjing Sinolife United Co Business Description

Address 3 Qingma Road, 4th Floor, Building 3, Qixia District, Jiangsu Province, Nanjing, CHN
Nanjing Sinolife United Co Ltd is a company based in China, predominantly engaged in producing and selling nutritional supplements and the trading of packaged health food products. Its product offerings include Zhongsheng Coenzyme capsules, Guishi Weisi capsules, and Green Zhi capsules, among others. Geographically, the company generates a majority of its revenue from Mainland China, and the rest from New Zealand, Australia, Vietnam, and Other countries. The Group operates has one reportable segment which is the manufacture and sale of nutritional supplements and the sale of packaged health food products in the People's Republic of China (the PRC), Australia and New Zealand.
57GF Score

Get the complete analysis for HKSE:03332

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

HK$0.15
Price
HK$0.57
GF Value