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Guangzhou Development GroupSHSE:600098 +2.65%81 Altman Z-Score is 1.10 as of Jul. 14, 2026, which is 26% below its 10-year median of 1.49. GuruFocus rates SHSE:600098 with a GF Score™ of 81/100 and a GF Value™ of ¥7.08 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 130 Other Energy Sources companies, Guangzhou Development Group ranks worse than 67.69% 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 1.09 is in distress zone. This implies bankruptcy possibility in the next two years.
Guangzhou Development Group has a Altman Z-Score of 1.10, 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 Guangzhou Development Group's Altman Z-Score or its related term are showing as below:
SHSE:600098'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.09 Med: 1.49 Max: 1.99
Current: 1.09
During the past 13 years, Guangzhou Development Group's highest Altman Z-Score was 1.99. The lowest was 1.09. And the median was 1.49.
Guangzhou Development Group (SHSE:600098) 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.
Guangzhou Development Group Altman Z-Score Competitor Comparison
For the Thermal Coal subindustry, Guangzhou Development Group'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.
Guangzhou Development Group Altman Z-Score vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Guangzhou Development Group's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Guangzhou Development Group's Altman Z-Score falls into.
Guangzhou Development Group 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.
Guangzhou Development Group (SHSE:600098) has a Altman Z-Score of 1.10 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Guangzhou Development Group and its competitors. This is 26% below median its historical median of 1.49. Over the past decade, Guangzhou Development Group's Altman Z-Score has ranged from 1.09 to 1.99. According to the industry distribution chart, Guangzhou Development Group ranks #88 out of 130 companies in the Other Energy Sources industry, placing it in the top 67.7%.
Is Guangzhou Development Group's Altman Z-Score too high?
Guangzhou Development Group's current Altman Z-Score of 1.10 is 26% below median its 10-year median of 1.49. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 1.99. The Other Energy Sources industry median Altman Z-Score is 2.10. Guangzhou Development Group's value of 1.10 is 47.5% below this industry median. Based on the distribution chart, Guangzhou Development Group ranks #88 out of 130 companies in the Other Energy Sources industry, which is below the industry midpoint. Overall, Guangzhou Development Group has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guangzhou Development Group's Altman Z-Score compare to competitors?
According to the Other Energy Sources industry distribution chart, Guangzhou Development Group ranks #88 out of 130 companies for Altman Z-Score. This places Guangzhou Development Group in the lower half of its industry. The industry median Altman Z-Score is 2.10. Guangzhou Development Group's value of 1.10 is 47.5% below this benchmark. Historically, Guangzhou Development Group's own Altman Z-Score has ranged from 1.09 to 1.99 over the past decade. While the company's 10-year median is 1.49 vs. the industry median of 2.10, Guangzhou Development Group 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 an Other Energy Sources company?
The median Altman Z-Score among Other Energy Sources companies is 2.10, based on 130 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. Guangzhou Development Group's current Altman Z-Score of 1.10 is 47.5% 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 Guangzhou Development Group and its competitors. For the Other Energy Sources industry, the median Altman Z-Score is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangzhou Development Group's current Altman Z-Score is 1.10, which is 26% below median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangzhou Development Group stock overvalued right now?
Based on GuruFocus' analysis, Guangzhou Development Group (SHSE:600098) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.08, compared to a current price of ¥6.20 — trading 12.4% below its estimated fair value. The current Altman Z-Score is 1.10, which is 26% below median its 10-year median of 1.49 and 47.5% below the Other Energy Sources industry median of 2.10. Guangzhou Development Group's overall GF Score™ is 81/100 with 8 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 Guangzhou Development Group (SHSE:600098), the current Altman Z-Score is 1.10 as of Jul. 14, 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 Guangzhou Development Group (SHSE:600098) Overvalued in 2026?
Based on GuruFocus' analysis, Guangzhou Development Group stock appears to be undervalued.
The current stock price of ¥6.20 is trading 12.4% below its estimated GF Value™ of ¥7.08.
GuruFocus considers Guangzhou Development Group to be Modestly Undervalued.
Key valuation signals for SHSE:600098:
Altman Z-Score: 1.10 (26% below median its 10-year median of 1.49)
GF Value™: ¥7.08 vs. price of ¥6.20 (12.4% below fair value)
Industry Position: 47.5% below the Other Energy Sources median (#88 of 130)
No single metric tells the full story. See the SHSE:600098 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guangzhou Development Group Incorporated is a China-based company operating in the integrated energy business. It is engaged in the investment, construction, development, and operation of electric power, coal, oil products, natural gas and new energy. The company is also involved in the energy logistics business.
81GF Score
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