China Yangtze Power Co (LSE:CYPC) Altman Z-Score: 1.81 (As of Jul. 03, 2026) — Near Median


LSE:CYPC China Yangtze Power Co Ltd LSE:CYPC
82 GF Score
Price $41.20
GF Value $43.62
Valuation Fairly Valued
! 5 Warning Signs
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What is China Yangtze Power Co Altman Z-Score?

China Yangtze Power Co LSE:CYPC 82 Altman Z-Score is 1.81 as of Jul. 03, 2026, which is 5% above its 10-year median of 1.72. GuruFocus rates LSE:CYPC with a GF Score™ of 82/100 and a GF Value™ of $43.62 (Fairly Valued). The stock has 5 warning signs investors should review. Among 412 Utilities - Independent Power Producers companies, China Yangtze Power Co ranks better than 63.59% 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 1.74 is in distress zone. This implies bankruptcy possibility in the next two years.

China Yangtze Power Co has a Altman Z-Score of 1.81, indicating it is in Grey Zones. This implies that China Yangtze Power Co is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Yangtze Power Co's Altman Z-Score or its related term are showing as below:

LSE:CYPC' s Altman Z-Score Range Over the Past 10 Years
Min: 1.06   Med: 1.72   Max: 3.16
Current: 1.74

During the past 13 years, China Yangtze Power Co's highest Altman Z-Score was 3.16. The lowest was 1.06. And the median was 1.72.


China Yangtze Power Co  (LSE:CYPC) 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 Yangtze Power Co Altman Z-Score Related Terms


China Yangtze Power Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for China Yangtze Power 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.

China Yangtze Power Co Altman Z-Score Chart

China Yangtze Power 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 2.98 1.27 1.29 1.63 1.72

China Yangtze Power Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 1.52 1.67 1.67 1.72 1.76

China Yangtze Power Co Altman Z-Score Competitor Comparison

For the Utilities - Renewable subindustry, China Yangtze Power 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.


China Yangtze Power Co Altman Z-Score vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Yangtze Power Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where China Yangtze Power Co's Altman Z-Score falls into.


LSE:CYPC
82GF Score
China Yangtze Power Co Ltd LSE:CYPC
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Yangtze Power 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.

China Yangtze Power 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*-0.1838+1.4*0.1986+3.3*0.0916+0.6*2.1566+1.0*0.1515
=1.81

* 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 $81,541 Mil.
Total Current Assets was $2,659 Mil.
Total Current Liabilities was $17,644 Mil.
Retained Earnings was $16,192 Mil.
Pre-Tax Income was 1188.789 + 1153.604 + 2535.143 + 1302.454 = $6,180 Mil.
Interest Expense was -309.5 + -319.517 + -327.934 + -333.827 = $-1,291 Mil.
Revenue was 2627.87 + 2910.702 + 4077.163 + 2741.119 = $12,357 Mil.
Market Cap (Today) was $100,809 Mil.
Total Liabilities was $46,745 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
=(2659.043 - 17643.523)/81541.258
=-0.1838

X2=Retained Earnings/Total Assets
=16192.279/81541.258
=0.1986

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(6179.99 - -1290.778)/81541.258
=0.0916

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=100808.984/46745.213
=2.1566

X5=Revenue/Total Assets
=12356.854/81541.258
=0.1515

The zones of discrimination were as such:

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

China Yangtze Power Co has a Altman Z-Score of 1.81 indicating it is in Grey 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 1.81 mean?
China Yangtze Power Co (LSE:CYPC) has a Altman Z-Score of 1.81 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on China Yangtze Power Co and its competitors. This is near median its historical median of 1.72. Over the past decade, China Yangtze Power Co's Altman Z-Score has ranged from 1.06 to 3.16. According to the industry distribution chart, China Yangtze Power Co ranks #150 out of 412 companies in the Utilities - Independent Power Producers industry, placing it in the top 36.4%.
Is China Yangtze Power Co's Altman Z-Score too high?
China Yangtze Power Co's current Altman Z-Score of 1.81 is near median its 10-year median of 1.72. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 3.16. The Utilities - Independent Power Producers industry median Altman Z-Score is 1.23. China Yangtze Power Co's value of 1.81 is 47.2% above this industry median. Based on the distribution chart, China Yangtze Power Co ranks #150 out of 412 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, China Yangtze Power Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Yangtze Power Co's Altman Z-Score compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, China Yangtze Power Co ranks #150 out of 412 companies for Altman Z-Score. This puts China Yangtze Power Co in the upper half of its industry. The industry median Altman Z-Score is 1.23. China Yangtze Power Co's value of 1.81 is 47.2% above this benchmark. Historically, China Yangtze Power Co's own Altman Z-Score has ranged from 1.06 to 3.16 over the past decade. While the company's 10-year median is 1.72 vs. the industry median of 1.23, China Yangtze Power 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 an Utilities - Independent Power Producers company?
The median Altman Z-Score among Utilities - Independent Power Producers companies is 1.23, based on 412 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 Yangtze Power Co's current Altman Z-Score of 1.81 is 47.2% 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 Yangtze Power Co and its competitors. For the Utilities - Independent Power Producers industry, the median Altman Z-Score is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Yangtze Power Co's current Altman Z-Score is 1.81, which is near median its own 10-year median of 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Yangtze Power Co stock overvalued right now?
Based on GuruFocus' analysis, China Yangtze Power Co (LSE:CYPC) is currently considered Fairly Valued. The stock's GF Value™ is $43.62, compared to a current price of $41.20 — trading 5.5% below its estimated fair value. The current Altman Z-Score is 1.81, which is near median its 10-year median of 1.72 and 47.2% above the Utilities - Independent Power Producers industry median of 1.23. China Yangtze Power Co's overall GF Score™ is 82/100 with 5 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 Yangtze Power Co (LSE:CYPC), the current Altman Z-Score is 1.81 as of Jul. 03, 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 Yangtze Power Co (LSE:CYPC) Overvalued in 2026?

Based on GuruFocus' analysis, China Yangtze Power Co stock appears to be undervalued. The current stock price of $41.20 is trading 5.5% below its estimated GF Value™ of $43.62. GuruFocus considers China Yangtze Power Co to be Fairly Valued.

Key valuation signals for LSE:CYPC:

  • Altman Z-Score: 1.81 (near median its 10-year median of 1.72)
  • GF Value™: $43.62 vs. price of $41.20 (5.5% below fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 47.2% above the Utilities - Independent Power Producers median (#150 of 412)

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


China Yangtze Power Co Business Description

Other Exchanges CYZB:Germany600900:China
Address No. 88 Sanyang Road, Jiang\'an District, Hubei Province, Wuhan City, CHN, 430014
China Yangtze Power Co Ltd business activities include hydroelectric power generation, power distribution and sales, overseas power station's operation, management, consultation services, investment, and financing. It has also established its power distribution and sales platforms such as Three Gorges Water Conservancy and Peru LuzdelSur. The company owns the power generation assets of four hydropower plants on the mainstream of the Yangtze River, namely Three Gorges, Gezhouba, Xiluodu, and Xiangjiaba.
82GF Score

Get the complete analysis for LSE:CYPC

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

$41.20
Price
$43.62
GF Value