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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 1.94 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
Qinqin Foodstuffs Group (Cayman) Co has a Altman Z-Score of 1.93, indicating it is in Grey Zones. This implies that Qinqin Foodstuffs Group (Cayman) 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.
Qinqin Foodstuffs Group (Cayman) Co (OTCPK:QQFSF) 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.
* 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.
Qinqin Foodstuffs Group (Cayman) Co Altman Z-Score Chart
For the Confectioners subindustry, Qinqin Foodstuffs Group (Cayman) 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.
Qinqin Foodstuffs Group (Cayman) Co Altman Z-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Qinqin Foodstuffs Group (Cayman) Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Qinqin Foodstuffs Group (Cayman) Co's Altman Z-Score falls into.
Qinqin Foodstuffs Group (Cayman) 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.
* 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.
Qinqin Foodstuffs Group (Cayman) Co (QQFSF) has a Altman Z-Score of 1.93 as of Aug. 08, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Qinqin Foodstuffs Group (Cayman) Co and its competitors. This is 24% below median its historical median of 2.55. Over the past decade, Qinqin Foodstuffs Group (Cayman) Co's Altman Z-Score has ranged from 1.40 to 6.39. According to the industry distribution chart, Qinqin Foodstuffs Group (Cayman) Co ranks #1320 out of 1929 companies in the Consumer Packaged Goods industry, placing it in the top 68.4%.
Is Qinqin Foodstuffs Group (Cayman) Co's Altman Z-Score too high?
Qinqin Foodstuffs Group (Cayman) Co's current Altman Z-Score of 1.93 is 24% below median its 10-year median of 2.55. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 6.39. The Consumer Packaged Goods industry median Altman Z-Score is 2.86. Qinqin Foodstuffs Group (Cayman) Co's value of 1.93 is 32.5% below this industry median. Based on the distribution chart, Qinqin Foodstuffs Group (Cayman) Co ranks #1320 out of 1929 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Qinqin Foodstuffs Group (Cayman) Co has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Qinqin Foodstuffs Group (Cayman) Co's Altman Z-Score compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Qinqin Foodstuffs Group (Cayman) Co ranks #1320 out of 1929 companies for Altman Z-Score. This places Qinqin Foodstuffs Group (Cayman) Co in the lower half of its industry. The industry median Altman Z-Score is 2.86. Qinqin Foodstuffs Group (Cayman) Co's value of 1.93 is 32.5% below this benchmark. Historically, Qinqin Foodstuffs Group (Cayman) Co's own Altman Z-Score has ranged from 1.40 to 6.39 over the past decade. While the company's 10-year median is 2.55 vs. the industry median of 2.86, Qinqin Foodstuffs Group (Cayman) Co has consistently been below 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 Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.86, based on 1,929 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. Qinqin Foodstuffs Group (Cayman) Co's current Altman Z-Score of 1.93 is 32.5% below 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 Qinqin Foodstuffs Group (Cayman) Co and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qinqin Foodstuffs Group (Cayman) Co's current Altman Z-Score is 1.93, which is 24% below median its own 10-year median of 2.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qinqin Foodstuffs Group (Cayman) Co stock overvalued right now?
Qinqin Foodstuffs Group (Cayman) Co (QQFSF) has a current Altman Z-Score of 1.93. The stock's GF Value™ is $0.12, compared to a current price of $0.14 — trading 18.3% above its estimated fair value. The current Altman Z-Score is 1.93, which is 24% below median its 10-year median of 2.55 and 32.5% below the Consumer Packaged Goods industry median of 2.86. Qinqin Foodstuffs Group (Cayman) Co's overall GF Score™ is 48/100 with 3 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 Qinqin Foodstuffs Group (Cayman) Co (QQFSF), the current Altman Z-Score is 1.93 as of Aug. 08, 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 Qinqin Foodstuffs Group (Cayman) Co (QQFSF) Overvalued in 2026?
Based on GuruFocus' analysis, Qinqin Foodstuffs Group (Cayman) Co stock appears to be overvalued.
The current stock price of $0.14 is trading 18.3% above its estimated GF Value™ of $0.12.
Key valuation signals for QQFSF:
Altman Z-Score: 1.93 (24% below median its 10-year median of 2.55)
GF Value™: $0.12 vs. price of $0.14 (18.3% above fair value)
Industry Position: 32.5% below the Consumer Packaged Goods median (#1320 of 1929)
No single metric tells the full story. See the QQFSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qinqin Foodstuffs Group (Cayman) Co Ltd is an investment holding company. Along with its subsidiaries, it manufactures, distributes, and sells food and snack products in China. The group's reportable operating segments are Jelly products, Crackers and chips, Seasoning products, and Confectionery and other products. Maximum revenue is generated from its Jelly products segment. Geographically, the group generates a majority of its revenue from the People's Republic of China.
48GF Score
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Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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