China Digital Video Holdings (HKSE:08280) Altman Z-Score: -4.17 (As of Aug. 09, 2026)

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What is China Digital Video Holdings Altman Z-Score?

China Digital Video Holdings HKSE:08280 Altman Z-Score is -4.17 as of Aug. 09, 2026. The stock has 5 warning signs investors should review. Among 1,006 Media - Diversified companies, China Digital Video Holdings ranks worse than 92.35% 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 -4.17 is in distress zone. This implies bankruptcy possibility in the next two years.

China Digital Video Holdings has a Altman Z-Score of -4.17, 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 China Digital Video Holdings's Altman Z-Score or its related term are showing as below:

HKSE:08280' s Altman Z-Score Range Over the Past 10 Years
Min: -4.19   Med: -0.26   Max: 2.87
Current: -4.17

During the past 13 years, China Digital Video Holdings's highest Altman Z-Score was 2.87. The lowest was -4.19. And the median was -0.26.


China Digital Video Holdings  (HKSE:08280) 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 Digital Video Holdings Altman Z-Score Related Terms


China Digital Video Holdings Altman Z-Score Historical Data

* Premium members only.

The historical data trend for China Digital Video 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 Digital Video Holdings Altman Z-Score Chart

China Digital Video Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.73 -0.63 -2.63 -2.47 -4.19

China Digital Video Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 -2.63 -2.42 -2.47 0.00 -4.19

HKSE:08280 vs NFLX, DIS, WBD: Altman Z-Score Comparison

For the Entertainment subindustry, China Digital Video 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 Digital Video Holdings Altman Z-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, China Digital Video Holdings's Altman Z-Score distribution charts can be found below:

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



China Digital Video 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 Digital Video 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*-0.3111+1.4*-2.679+3.3*-0.093+0.6*0.1395+1.0*0.1773
=-4.17

* 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 Mar. 2026:
Total Assets was HK$323.15 Mil.
Total Current Assets was HK$307.17 Mil.
Total Current Liabilities was HK$407.69 Mil.
Retained Earnings was HK$-865.72 Mil.
Pre-Tax Income was HK$-40.99 Mil.
Interest Expense was HK$-10.95 Mil.
Revenue was HK$57.30 Mil.
Market Cap (Today) was HK$56.89 Mil.
Total Liabilities was HK$407.69 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
=(307.166 - 407.687)/323.147
=-0.3111

X2=Retained Earnings/Total Assets
=-865.718/323.147
=-2.679

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-40.989 - -10.946)/323.147
=-0.093

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=56.887/407.687
=0.1395

X5=Revenue/Total Assets
=57.299/323.147
=0.1773

The zones of discrimination were as such:

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

China Digital Video Holdings has a Altman Z-Score of -4.17 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 -4.17 mean?
China Digital Video Holdings (HKSE:08280) has a Altman Z-Score of -4.17 as of Aug. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on China Digital Video Holdings and its competitors. According to the industry distribution chart, China Digital Video Holdings ranks #929 out of 1006 companies in the Media - Diversified industry, placing it in the top 92.3%.
Is China Digital Video Holdings' Altman Z-Score too high?
China Digital Video Holdings' current Altman Z-Score is -4.17. Based on the distribution chart, China Digital Video Holdings ranks #929 out of 1006 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers.
How does China Digital Video Holdings' Altman Z-Score compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, China Digital Video Holdings ranks #929 out of 1006 companies for Altman Z-Score. This places China Digital Video Holdings in the lower half of its industry. The industry median Altman Z-Score is 2.00. 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 Media - Diversified company?
The median Altman Z-Score among Media - Diversified companies is 2.00, based on 1,006 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. 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 Digital Video Holdings and its competitors. For the Media - Diversified industry, the median Altman Z-Score is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Digital Video Holdings's current Altman Z-Score is -4.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Digital Video Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Digital Video Holdings (HKSE:08280) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.01, compared to a current price of HK$0.09 — trading 820% above its estimated fair value. The current Altman Z-Score is -4.17. 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 Digital Video Holdings (HKSE:08280), the current Altman Z-Score is -4.17 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.

China Digital Video Holdings Business Description

Address No. 131 West Fourth Ring Road North, China Digital Video Technical Plaza, Haidian District, Beijing, CHN, 100195
China Digital Video Holdings Ltd is an investment holding company. Along with its subsidiaries, the group is engaged in the research, development, and sales of video-related and broadcasting equipment and software and the provision of related technical services in the People's Republic of China (the PRC). It provides a full range of solutions, services, and products to TV broadcasters and other digital video content providers, focusing mainly on the post-production segment. The company provides various products and services such as Graphic Writing, Editing Production, Special Effects Synthesis, and others. It derives its revenue predominantly from the sale of solutions, provision of services, and sale of products.