Qian HuSGX:BCV 26 Altman Z-Score is 2.24 as of Jul. 08, 2026, which is 3% above its 10-year median of 2.18. GuruFocus rates SGX:BCV with a GF Score™ of 26/100 and a GF Value™ of S$0.17 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 547 Conglomerates companies, Qian Hu ranks better than 53.38% 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 2.24 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.
Qian Hu has a Altman Z-Score of 2.24, indicating it is in Grey Zones. This implies that Qian Hu 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 Qian Hu's Altman Z-Score or its related term are showing as below:
SGX:BCV'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.94 Med: 2.18 Max: 2.85
Current: 2.24
During the past 13 years, Qian Hu's highest Altman Z-Score was 2.85. The lowest was 1.94. And the median was 2.18.
Qian Hu (SGX:BCV) 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.
Altman Z-Score does not apply to financial companies.
Qian Hu Altman Z-Score Related Terms
Qian Hu Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Qian Hu'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.
SGX:BCV vs AS, HAS, LTH: Altman Z-Score Comparison
For the Conglomerates subindustry, Qian Hu'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.
Qian Hu Altman Z-Score vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Qian Hu's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Qian Hu's Altman Z-Score falls into.
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.
Qian Hu'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
*
0.3577
+
1.4
*
0.1345
+
3.3
*
-0.0002
+
0.6
*
0.7379
+
1.0
*
1.181
=
2.24
* 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.
Qian Hu (SGX:BCV) has a Altman Z-Score of 2.24 as of Jul. 08, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Qian Hu and its competitors. This is near median its historical median of 2.18. Over the past decade, Qian Hu's Altman Z-Score has ranged from 1.94 to 2.85. According to the industry distribution chart, Qian Hu ranks #255 out of 547 companies in the Conglomerates industry, placing it in the top 46.6%.
Is Qian Hu's Altman Z-Score too high?
Qian Hu's current Altman Z-Score of 2.24 is near median its 10-year median of 2.18. Over the past 10 years, this metric has ranged from a low of 1.94 to a high of 2.85. The Conglomerates industry median Altman Z-Score is 2.07. Qian Hu's value of 2.24 is 8.2% above this industry median. Based on the distribution chart, Qian Hu ranks #255 out of 547 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Qian Hu has a GF Score™ of 26/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qian Hu's Altman Z-Score compare to AS and HAS?
According to the Conglomerates industry distribution chart, Qian Hu ranks #255 out of 547 companies for Altman Z-Score. This puts Qian Hu in the upper half of its industry. The industry median Altman Z-Score is 2.07. Qian Hu's value of 2.24 is 8.2% above this benchmark. Historically, Qian Hu's own Altman Z-Score has ranged from 1.94 to 2.85 over the past decade. While the company's 10-year median is 2.18 vs. the industry median of 2.07, Qian Hu 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 a Conglomerates company?
The median Altman Z-Score among Conglomerates companies is 2.07, based on 547 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. Qian Hu's current Altman Z-Score of 2.24 is 8.2% 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 Qian Hu and its competitors. For the Conglomerates industry, the median Altman Z-Score is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qian Hu's current Altman Z-Score is 2.24, which is near median its own 10-year median of 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qian Hu stock overvalued right now?
Based on GuruFocus' analysis, Qian Hu (SGX:BCV) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.17, compared to a current price of S$0.13 — trading 23.5% below its estimated fair value. The current Altman Z-Score is 2.24, which is near median its 10-year median of 2.18 and 8.2% above the Conglomerates industry median of 2.07. Qian Hu's overall GF Score™ is 26/100 with 2 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 Qian Hu (SGX:BCV), the current Altman Z-Score is 2.24 as of Jul. 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 Qian Hu (SGX:BCV) Overvalued in 2026?
Based on GuruFocus' analysis, Qian Hu stock appears to be undervalued.
The current stock price of S$0.13 is trading 23.5% below its estimated GF Value™ of S$0.17.
GuruFocus considers Qian Hu to be Modestly Undervalued.
Key valuation signals for SGX:BCV:
Altman Z-Score: 2.24 (near median its 10-year median of 2.18)
GF Value™: S$0.17 vs. price of S$0.13 (23.5% below fair value)
Industry Position: 8.2% above the Conglomerates median (#255 of 547)
No single metric tells the full story. See the SGX:BCV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qian Hu Corp Ltd is an integrated ornamental fish service provider in Singapore. Its principal activities are those relating to import, export, farming, breeding, and distribution of ornamental fishes and aquarium and pet accessories. Along with its subsidiaries, the company's reportable operating segments are Fish, Accessories, Plastics, and Others. Maximum revenue is generated from the Accessories segment, which includes the manufacturing and distribution of aquarium and pet accessories. Geographically, the company generates maximum revenue from Asian countries (excluding Singapore), followed by Singapore, Europe, and other regions.
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