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Joinn Laboratories (China) CoHKSE:06127 +3.53%83 Altman Z-Score is 15.00 as of Aug. 27, 2026, which is 60% above its 10-year median of 9.39. GuruFocus rates HKSE:06127 with a GF Score™ of 83/100 and a GF Value™ of HK$10.24 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 201 Medical Diagnostics & Research companies, Joinn Laboratories (China) Co ranks better than 90.05% 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 14.17 is strong.
Joinn Laboratories (China) Co has a Altman Z-Score of 15.00, 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 Joinn Laboratories (China) Co's Altman Z-Score or its related term are showing as below:
HKSE:06127'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.87 Med: 9.39 Max: 27.13
Current: 14.17
During the past 13 years, Joinn Laboratories (China) Co's highest Altman Z-Score was 27.13. The lowest was 0.87. And the median was 9.39.
Joinn Laboratories (China) Co (HKSE:06127) 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.
* 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.
Joinn Laboratories (China) Co Altman Z-Score Chart
HKSE:06127 vs TMO, DHR, IDXX: Altman Z-Score Comparison
For the Diagnostics & Research subindustry, Joinn Laboratories (China) 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.
Joinn Laboratories (China) Co Altman Z-Score vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Joinn Laboratories (China) Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Joinn Laboratories (China) Co's Altman Z-Score falls into.
Joinn Laboratories (China) 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.
* 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.
Joinn Laboratories (China) Co (HKSE:06127) has a Altman Z-Score of 15.00 as of Aug. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Joinn Laboratories (China) Co and its competitors. This is 60% above median its historical median of 9.39. Over the past decade, Joinn Laboratories (China) Co's Altman Z-Score has ranged from 0.87 to 27.13. According to the industry distribution chart, Joinn Laboratories (China) Co ranks #20 out of 201 companies in the Medical Diagnostics & Research industry, placing it in the top 10%.
Is Joinn Laboratories (China) Co's Altman Z-Score too high?
Joinn Laboratories (China) Co's current Altman Z-Score of 15.00 is 60% above median its 10-year median of 9.39. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 27.13. The Medical Diagnostics & Research industry median Altman Z-Score is 2.58. Joinn Laboratories (China) Co's value of 15.00 is 481.4% above this industry median. Based on the distribution chart, Joinn Laboratories (China) Co ranks #20 out of 201 companies in the Medical Diagnostics & Research industry, which is in the top quartile — a strong position relative to peers. Overall, Joinn Laboratories (China) Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Joinn Laboratories (China) Co's Altman Z-Score compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Joinn Laboratories (China) Co ranks #20 out of 201 companies for Altman Z-Score. This places Joinn Laboratories (China) Co in the top 10% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.58. Joinn Laboratories (China) Co's value of 15.00 is 481.4% above this benchmark. Historically, Joinn Laboratories (China) Co's own Altman Z-Score has ranged from 0.87 to 27.13 over the past decade. While the company's 10-year median is 9.39 vs. the industry median of 2.58, Joinn Laboratories (China) 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 Medical Diagnostics & Research company?
The median Altman Z-Score among Medical Diagnostics & Research companies is 2.58, based on 201 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. Joinn Laboratories (China) Co's current Altman Z-Score of 15.00 is 481.4% 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 Joinn Laboratories (China) Co and its competitors. For the Medical Diagnostics & Research industry, the median Altman Z-Score is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joinn Laboratories (China) Co's current Altman Z-Score is 15.00, which is 60% above median its own 10-year median of 9.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joinn Laboratories (China) Co stock overvalued right now?
Based on GuruFocus' analysis, Joinn Laboratories (China) Co (HKSE:06127) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$10.24, compared to a current price of HK$25.82 — trading 152.1% above its estimated fair value. The current Altman Z-Score is 15.00, which is 60% above median its 10-year median of 9.39 and 481.4% above the Medical Diagnostics & Research industry median of 2.58. Joinn Laboratories (China) Co's overall GF Score™ is 83/100 with 7 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 Joinn Laboratories (China) Co (HKSE:06127), the current Altman Z-Score is 15.00 as of Aug. 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 Joinn Laboratories (China) Co (HKSE:06127) Overvalued in 2026?
Based on GuruFocus' analysis, Joinn Laboratories (China) Co stock appears to be overvalued.
The current stock price of HK$25.82 is trading 152.1% above its estimated GF Value™ of HK$10.24.
GuruFocus considers Joinn Laboratories (China) Co to be Significantly Overvalued.
Key valuation signals for HKSE:06127:
Altman Z-Score: 15.00 (60% above median its 10-year median of 9.39)
GF Value™: HK$10.24 vs. price of HK$25.82 (152.1% above fair value)
Industry Position: 481.4% above the Medical Diagnostics & Research median (#20 of 201)
No single metric tells the full story. See the HKSE:06127 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Joinn Laboratories (China) Co Ltd is a PRC-based company, along with its subsidiary, it is engaged in contract research organisation (CRO) services. It operates in three segments: Non-clinical studies services offer drug safety assessment, drug metabolism and pharmacokinetics (DMPK) studies, and pharmacology and efficacy studies; Clinical trial & related services provide clinical CRO services, co-managed phase I clinical research units, and bioanalytical servicesl services; and Sales of research models engages in the design, production, breeding and sales of research models, non-human primates and rodents. The majority of revenue comes from the Non-Clinical studies services. Its geographical areas are China, the United States, and Other countries, of which the majority are from China.
83GF Score
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