KRFG (King Resources) Altman Z-Score: -225.80 (As of Jul. 11, 2026)


KRFG King Resources Inc KRFG
42 GF Score
Price $0.26
GF Value $1.30
Valuation Possible Value Trap
! 6 Warning Signs
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What is King Resources Altman Z-Score?

King Resources KRFG 42 Altman Z-Score is -225.80 as of Jul. 11, 2026. GuruFocus rates KRFG with a GF Score™ of 42/100 and a GF Value™ of $1.30 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 3,006 Industrial Products companies, King Resources ranks worse than 99.87% 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 -225.69 is in distress zone. This implies bankruptcy possibility in the next two years.

King Resources has a Altman Z-Score of -225.80, 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 King Resources's Altman Z-Score or its related term are showing as below:

KRFG' s Altman Z-Score Range Over the Past 10 Years
Min: -1889.21   Med: -49.59   Max: -0.26
Current: -225.69

During the past 7 years, King Resources's highest Altman Z-Score was -0.26. The lowest was -1889.21. And the median was -49.59.


King Resources  (OTCPK:KRFG) 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.


King Resources Altman Z-Score Related Terms


King Resources Altman Z-Score Historical Data

* Premium members only.

The historical data trend for King Resources'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.

King Resources Altman Z-Score Chart

King Resources Annual Data
Trend Oct99 Oct00 Mar21 Mar22 Mar23 Mar24 Mar25
Altman Z-Score
Get a 7-Day Free Trial -68.24 -56.38 -15.04 -140.62 -1,264.62

King Resources Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 -1,889.21 -1,264.62 -105.36 -0.26 -192.62

KRFG vs CCTG, LNKS, RAYA: Altman Z-Score Comparison

For the Electrical Equipment & Parts subindustry, King Resources'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.


King Resources Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, King Resources's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where King Resources's Altman Z-Score falls into.


KRFG
42GF Score
King Resources Inc KRFG
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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King Resources 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.

King Resources'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*-15.1486+1.4*-119.2162+3.3*-15.4189+0.6*2.3674+1.0*8.7432
=-225.80

* 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 $0.07 Mil.
Total Current Assets was $0.07 Mil.
Total Current Liabilities was $1.20 Mil.
Retained Earnings was $-8.82 Mil.
Pre-Tax Income was -0.746 + -0.325 + -0.308 + 0.238 = $-1.14 Mil.
Interest Expense was 0 + 0 + 0 + 0 = $0.00 Mil.
Revenue was 0.59 + 0.019 + 0.019 + 0.019 = $0.65 Mil.
Market Cap (Today) was $2.83 Mil.
Total Liabilities was $1.20 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
=(0.074 - 1.195)/0.074
=-15.1486

X2=Retained Earnings/Total Assets
=-8.822/0.074
=-119.2162

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-1.141 - 0)/0.074
=-15.4189

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2.829/1.195
=2.3674

X5=Revenue/Total Assets
=0.647/0.074
=8.7432

The zones of discrimination were as such:

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

King Resources has a Altman Z-Score of -225.80 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 -225.80 mean?
King Resources (KRFG) has a Altman Z-Score of -225.80 as of Jul. 11, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on King Resources and its competitors. According to the industry distribution chart, King Resources ranks #3002 out of 3006 companies in the Industrial Products industry, placing it in the top 99.9%.
Is King Resources' Altman Z-Score too high?
King Resources' current Altman Z-Score is -225.80. Based on the distribution chart, King Resources ranks #3002 out of 3006 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, King Resources has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does King Resources' Altman Z-Score compare to CCTG and LNKS?
According to the Industrial Products industry distribution chart, King Resources ranks #3002 out of 3006 companies for Altman Z-Score. This places King Resources in the lower half of its industry. The industry median Altman Z-Score is 3.38. 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.38, based on 3,006 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 King Resources and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. King Resources's current Altman Z-Score is -225.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is King Resources stock overvalued right now?
Based on GuruFocus' analysis, King Resources (KRFG) is currently considered Possible Value Trap. The stock's GF Value™ is $1.30, compared to a current price of $0.26 — trading 80% below its estimated fair value. The current Altman Z-Score is -225.80. King Resources' overall GF Score™ is 42/100 with 6 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 King Resources (KRFG), the current Altman Z-Score is -225.80 as of Jul. 11, 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 King Resources (KRFG) Overvalued in 2026?

Based on GuruFocus' analysis, King Resources stock appears to be undervalued. The current stock price of $0.26 is trading 80% below its estimated GF Value™ of $1.30. GuruFocus considers King Resources to be Possible Value Trap.

Key valuation signals for KRFG:

  • Altman Z-Score: -225.80
  • GF Value™: $1.30 vs. price of $0.26 (80% below fair value)
  • GF Score™: 42/100 with 6 warning signs

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


King Resources Business Description

Address 26-28 Au Pui Wan Street, Unit 1813, 18th Floor, Fo Tan Industrial Centre, Fo Tan, Hong Kong, HKG
King Resources Inc through its subsidiaries, is engaged in the rendering of smart power supply solutions and the related technical service as well as lifestyle products in Hong Kong. The company focuses on research and development solutions, sales of own brand smart power supply products and development of IoT products across the smart home, smart office and smart fitness ecosystem. The company's segment includes the provision of technical consultancy services in Hong Kong.
42GF Score

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

$0.26
Price
$1.30
GF Value