SEXHF (Sichuan Expressway Co) Altman Z-Score: 0.54 (As of Jul. 03, 2026) — 40% Below Median


SEXHF Sichuan Expressway Co Ltd SEXHF
51 GF Score
Price $0.58
GF Value $0.47
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Sichuan Expressway Co Altman Z-Score?

Sichuan Expressway Co SEXHF 51 Altman Z-Score is 0.54 as of Jul. 03, 2026, which is 40% below its 10-year median of 0.90. GuruFocus rates SEXHF with a GF Score™ of 51/100 and a GF Value™ of $0.47 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,753 Construction companies, Sichuan Expressway Co ranks worse than 89.1% 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 0.54 is in distress zone. This implies bankruptcy possibility in the next two years.

Sichuan Expressway Co has a Altman Z-Score of 0.54, 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 Sichuan Expressway Co's Altman Z-Score or its related term are showing as below:

SEXHF' s Altman Z-Score Range Over the Past 10 Years
Min: 0.54   Med: 0.9   Max: 1.21
Current: 0.54

During the past 13 years, Sichuan Expressway Co's highest Altman Z-Score was 1.21. The lowest was 0.54. And the median was 0.90.


Sichuan Expressway Co  (OTCPK:SEXHF) 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.


Sichuan Expressway Co Altman Z-Score Related Terms


Sichuan Expressway Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Sichuan Expressway 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.

Sichuan Expressway Co Altman Z-Score Chart

Sichuan Expressway 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 1.18 0.55 0.61 0.64 0.69

Sichuan Expressway 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 0.69 0.68 0.68 0.69 0.58

Sichuan Expressway Co Altman Z-Score Competitor Comparison

For the Infrastructure Operations subindustry, Sichuan Expressway 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.


Sichuan Expressway Co Altman Z-Score vs Construction Industry

For the Construction industry and Industrials sector, Sichuan Expressway Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Sichuan Expressway Co's Altman Z-Score falls into.


SEXHF
51GF Score
Sichuan Expressway Co Ltd SEXHF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Sichuan Expressway 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.

Sichuan Expressway 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*-0.0086+1.4*0.0738+3.3*0.0352+0.6*0.3277+1.0*0.1324
=0.54

* 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 $9,833 Mil.
Total Current Assets was $587 Mil.
Total Current Liabilities was $672 Mil.
Retained Earnings was $726 Mil.
Pre-Tax Income was 85.271 + 35.706 + 81.375 + 60.155 = $263 Mil.
Interest Expense was -22.479 + -22.423 + -19.994 + -19.11 = $-84 Mil.
Revenue was 349.88 + 379.332 + 275.18 + 297.648 = $1,302 Mil.
Market Cap (Today) was $2,165 Mil.
Total Liabilities was $6,607 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
=(587.201 - 672.125)/9832.777
=-0.0086

X2=Retained Earnings/Total Assets
=725.5/9832.777
=0.0738

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(262.507 - -84.006)/9832.777
=0.0352

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2165.312/6606.926
=0.3277

X5=Revenue/Total Assets
=1302.04/9832.777
=0.1324

The zones of discrimination were as such:

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

Sichuan Expressway Co has a Altman Z-Score of 0.54 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 0.54 mean?
Sichuan Expressway Co (SEXHF) has a Altman Z-Score of 0.54 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sichuan Expressway Co and its competitors. This is 40% below median its historical median of 0.90. Over the past decade, Sichuan Expressway Co's Altman Z-Score has ranged from 0.54 to 1.21. According to the industry distribution chart, Sichuan Expressway Co ranks #1562 out of 1753 companies in the Construction industry, placing it in the top 89.1%.
Is Sichuan Expressway Co's Altman Z-Score too high?
Sichuan Expressway Co's current Altman Z-Score of 0.54 is 40% below median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 1.21. The Construction industry median Altman Z-Score is 2.33. Sichuan Expressway Co's value of 0.54 is 76.8% below this industry median. Based on the distribution chart, Sichuan Expressway Co ranks #1562 out of 1753 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Sichuan Expressway Co has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sichuan Expressway Co's Altman Z-Score compare to competitors?
According to the Construction industry distribution chart, Sichuan Expressway Co ranks #1562 out of 1753 companies for Altman Z-Score. This places Sichuan Expressway Co in the lower half of its industry. The industry median Altman Z-Score is 2.33. Sichuan Expressway Co's value of 0.54 is 76.8% below this benchmark. Historically, Sichuan Expressway Co's own Altman Z-Score has ranged from 0.54 to 1.21 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 2.33, Sichuan Expressway 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 Construction company?
The median Altman Z-Score among Construction companies is 2.33, based on 1,753 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. Sichuan Expressway Co's current Altman Z-Score of 0.54 is 76.8% 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 Sichuan Expressway Co and its competitors. For the Construction industry, the median Altman Z-Score is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sichuan Expressway Co's current Altman Z-Score is 0.54, which is 40% below median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sichuan Expressway Co stock overvalued right now?
Based on GuruFocus' analysis, Sichuan Expressway Co (SEXHF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.47, compared to a current price of $0.58 — trading 22.7% above its estimated fair value. The current Altman Z-Score is 0.54, which is 40% below median its 10-year median of 0.90 and 76.8% below the Construction industry median of 2.33. Sichuan Expressway Co's overall GF Score™ is 51/100 with 7 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 Sichuan Expressway Co (SEXHF), the current Altman Z-Score is 0.54 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 Sichuan Expressway Co (SEXHF) Overvalued in 2026?

Based on GuruFocus' analysis, Sichuan Expressway Co stock appears to be overvalued. The current stock price of $0.58 is trading 22.7% above its estimated GF Value™ of $0.47. GuruFocus considers Sichuan Expressway Co to be Modestly Overvalued.

Key valuation signals for SEXHF:

  • Altman Z-Score: 0.54 (40% below median its 10-year median of 0.90)
  • GF Value™: $0.47 vs. price of $0.58 (22.7% above fair value)
  • GF Score™: 51/100 with 7 warning signs
  • Industry Position: 76.8% below the Construction median (#1562 of 1753)

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


Sichuan Expressway Co Business Description

Address No. 252 Wuhouci Da Jie, Sichuan Province, Chengdu, CHN, 610041
Sichuan Expressway Co Ltd is engaged in the investment, construction, operation, and management of certain expressway projects, green energy investment business, and integrated development of resources along the routes. The group is organised into business units based on their services and products, and has six reportable operating segments, which include Expressways, Construction Services, Transportation Services, Transportation Logistics, New Energy Technologies, and Others. A majority of its revenue is generated from the Expressways segment, which comprises the operation of expressways and a high-grade toll bridge in Mainland China. Geographically, the group derives all of its revenue from Mainland China.
51GF Score

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

$0.58
Price
$0.47
GF Value