China Aluminum Cans Holdings (HKSE:06898) Altman Z-Score: 14.28 (As of Aug. 29, 2026) — 50% Above Median

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HKSE:06898 China Aluminum Cans Holdings Ltd HKSE:06898
51 GF Score
Price HK$0.73
GF Value HK$0.70
Valuation Fairly Valued
! 4 Warning Signs
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What is China Aluminum Cans Holdings Altman Z-Score?

China Aluminum Cans Holdings HKSE:06898 +2.10% 51 Altman Z-Score is 14.28 as of Aug. 29, 2026, which is 50% above its 10-year median of 9.50. GuruFocus rates HKSE:06898 with a GF Score™ of 51/100 and a GF Value™ of HK$0.70 (Fairly Valued). The stock has 4 warning signs investors should review. Among 398 Packaging & Containers companies, China Aluminum Cans Holdings ranks better than 95.48% 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 14.28 is strong.

China Aluminum Cans Holdings has a Altman Z-Score of 14.28, 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 China Aluminum Cans Holdings's Altman Z-Score or its related term are showing as below:

HKSE:06898' s Altman Z-Score Range Over the Past 10 Years
Min: 4.53   Med: 9.5   Max: 14.58
Current: 14.28

During the past 13 years, China Aluminum Cans Holdings's highest Altman Z-Score was 14.58. The lowest was 4.53. And the median was 9.50.


China Aluminum Cans Holdings  (HKSE:06898) 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.


China Aluminum Cans Holdings Altman Z-Score Related Terms


China Aluminum Cans Holdings Altman Z-Score Historical Data

* Premium members only.

The historical data trend for China Aluminum Cans Holdings'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.

China Aluminum Cans Holdings Altman Z-Score Chart

China Aluminum Cans Holdings 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 10.41 8.59 14.30 14.46 14.58

China Aluminum Cans Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.00 14.46 0.00 14.58 0.00

HKSE:06898 vs SW, PKG, IP: Altman Z-Score Comparison

For the Packaging & Containers subindustry, China Aluminum Cans Holdings'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.


China Aluminum Cans Holdings Altman Z-Score vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, China Aluminum Cans Holdings's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where China Aluminum Cans Holdings's Altman Z-Score falls into.


HKSE:06898
51GF Score
China Aluminum Cans Holdings Ltd HKSE:06898
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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China Aluminum Cans Holdings 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.

China Aluminum Cans Holdings'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*0.3295+1.4*0.4169+3.3*0.0867+0.6*20.305+1.0*0.8325
=14.28

* 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$279.8 Mil.
Total Current Assets was HK$120.1 Mil.
Total Current Liabilities was HK$27.9 Mil.
Retained Earnings was HK$116.7 Mil.
Pre-Tax Income was HK$24.3 Mil.
Interest Expense was HK$-0.0 Mil.
Revenue was HK$233.0 Mil.
Market Cap (Today) was HK$672.6 Mil.
Total Liabilities was HK$33.1 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
=(120.111 - 27.9)/279.847
=0.3295

X2=Retained Earnings/Total Assets
=116.662/279.847
=0.4169

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(24.261 - -0.01)/279.847
=0.0867

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=672.623/33.126
=20.305

X5=Revenue/Total Assets
=232.965/279.847
=0.8325

The zones of discrimination were as such:

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

China Aluminum Cans Holdings has a Altman Z-Score of 14.28 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 14.28 mean?
China Aluminum Cans Holdings (HKSE:06898) has a Altman Z-Score of 14.28 as of Aug. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on China Aluminum Cans Holdings and its competitors. This is 50% above median its historical median of 9.50. Over the past decade, China Aluminum Cans Holdings' Altman Z-Score has ranged from 4.53 to 14.58. According to the industry distribution chart, China Aluminum Cans Holdings ranks #18 out of 398 companies in the Packaging & Containers industry, placing it in the top 4.5%.
Is China Aluminum Cans Holdings' Altman Z-Score too high?
China Aluminum Cans Holdings' current Altman Z-Score of 14.28 is 50% above median its 10-year median of 9.50. Over the past 10 years, this metric has ranged from a low of 4.53 to a high of 14.58. The Packaging & Containers industry median Altman Z-Score is 2.61. China Aluminum Cans Holdings' value of 14.28 is 447.1% above this industry median. Based on the distribution chart, China Aluminum Cans Holdings ranks #18 out of 398 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, China Aluminum Cans Holdings has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Aluminum Cans Holdings' Altman Z-Score compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, China Aluminum Cans Holdings ranks #18 out of 398 companies for Altman Z-Score. This places China Aluminum Cans Holdings in the top 5% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.61. China Aluminum Cans Holdings' value of 14.28 is 447.1% above this benchmark. Historically, China Aluminum Cans Holdings' own Altman Z-Score has ranged from 4.53 to 14.58 over the past decade. While the company's 10-year median is 9.50 vs. the industry median of 2.61, China Aluminum Cans Holdings 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 Packaging & Containers company?
The median Altman Z-Score among Packaging & Containers companies is 2.61, based on 398 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. China Aluminum Cans Holdings's current Altman Z-Score of 14.28 is 447.1% 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 China Aluminum Cans Holdings and its competitors. For the Packaging & Containers industry, the median Altman Z-Score is 2.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Aluminum Cans Holdings's current Altman Z-Score is 14.28, which is 50% above median its own 10-year median of 9.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Aluminum Cans Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Aluminum Cans Holdings (HKSE:06898) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.70, compared to a current price of HK$0.73 — trading 4.3% above its estimated fair value. The current Altman Z-Score is 14.28, which is 50% above median its 10-year median of 9.50 and 447.1% above the Packaging & Containers industry median of 2.61. China Aluminum Cans Holdings' overall GF Score™ is 51/100 with 4 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 China Aluminum Cans Holdings (HKSE:06898), the current Altman Z-Score is 14.28 as of Aug. 29, 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 China Aluminum Cans Holdings (HKSE:06898) Overvalued in 2026?

Based on GuruFocus' analysis, China Aluminum Cans Holdings stock appears to be overvalued. The current stock price of HK$0.73 is trading 4.3% above its estimated GF Value™ of HK$0.70. GuruFocus considers China Aluminum Cans Holdings to be Fairly Valued.

Key valuation signals for HKSE:06898:

  • Altman Z-Score: 14.28 (50% above median its 10-year median of 9.50)
  • GF Value™: HK$0.70 vs. price of HK$0.73 (4.3% above fair value)
  • GF Score™: 51/100 with 4 warning signs
  • Industry Position: 447.1% above the Packaging & Containers median (#18 of 398)

No single metric tells the full story. See the HKSE:06898 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Aluminum Cans Holdings Business Description

Address No. 5 Ya Bo Nan Road, National Health Technology Park of Zhongshan, Torch Development Zone, Guangdong Province, Zhongshan, CHN, 528437
China Aluminum Cans Holdings Ltd is engaged in the manufacture and sale of aluminum aerosol cans. It manufactures and sells monobloc aluminum aerosol cans, which are generally used in the packaging of fast-moving personal care products such as sanitizer products, body deodorant, hair styling products and shaving cream, as well as pharmaceutical products such as pain relieving spray, spray dressing and antiseptic spray. The group has a wide range of extrusion dies available to produce more than 50 models of aluminum aerosol cans of base diameters from 22 mm to 66 mm and heights from 58 mm to 247 mm with various features and shapes for its customers' selection. Geographically, it operates in Africa, America, Asia, and Chinese Mainland.
51GF Score

Get the complete analysis for HKSE:06898

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

HK$0.73
Price
HK$0.70
GF Value