GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » China Citic Bank Corp Ltd (OTCPK:CHBJF) » Definitions » Altman Z-Score

China Citic Bank (China Citic Bank) Altman Z-Score


View and export this data going back to 2007. Start your Free Trial

What is China Citic Bank Altman Z-Score?

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.

Altman Z-Score does not apply to banks and insurance companies.


China Citic Bank (China Citic Bank) Business Description

Address
10 Guanghua Road, 6-30/F and 32-42/F, Building No. 1, Chaoyang District, Beijing, CHN, 100020
As the second-largest joint-stock banks, China Citic Bank is headquartered in Beijing. It offers a full range of commercial banking services, with 1,410 outlets in 146 cities in China and branches in Hong Kong, Macau, New York, Los Angeles, and Singapore. As of 2022, the bank is the 9th-largest nationwide listed commercial bank in China in terms of total assets.