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 1.13 is in distress zone. This implies bankruptcy possibility in the next two years.
Chongqing Taiji Industry (Group) Co has a Altman Z-Score of 1.13, 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.
SHSE:600129'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.04 Med: 1.38 Max: 3.07
Current: 1.13
During the past 13 years, Chongqing Taiji Industry (Group) Co's highest Altman Z-Score was 3.07. The lowest was 1.04. And the median was 1.38.
Chongqing Taiji Industry (Group) Co (SHSE:600129) 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.
Chongqing Taiji Industry (Group) Co Altman Z-Score Chart
SHSE:600129 vs ZTS, UTHR: Altman Z-Score Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Chongqing Taiji Industry (Group) 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.
Chongqing Taiji Industry (Group) Co Altman Z-Score vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Chongqing Taiji Industry (Group) Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Chongqing Taiji Industry (Group) Co's Altman Z-Score falls into.
Chongqing Taiji Industry (Group) 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.
Chongqing Taiji Industry (Group) Co (SHSE:600129) has a Altman Z-Score of 1.13 as of Jul. 11, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Chongqing Taiji Industry (Group) Co and its competitors. This is 18% below median its historical median of 1.38. Over the past decade, Chongqing Taiji Industry (Group) Co's Altman Z-Score has ranged from 1.04 to 3.07. According to the industry distribution chart, Chongqing Taiji Industry (Group) Co ranks #761 out of 952 companies in the Drug Manufacturers industry, placing it in the top 79.9%.
Is Chongqing Taiji Industry (Group) Co's Altman Z-Score too high?
Chongqing Taiji Industry (Group) Co's current Altman Z-Score of 1.13 is 18% below median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 3.07. The Drug Manufacturers industry median Altman Z-Score is 3.27. Chongqing Taiji Industry (Group) Co's value of 1.13 is 65.4% below this industry median. Based on the distribution chart, Chongqing Taiji Industry (Group) Co ranks #761 out of 952 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Chongqing Taiji Industry (Group) Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Taiji Industry (Group) Co's Altman Z-Score compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Chongqing Taiji Industry (Group) Co ranks #761 out of 952 companies for Altman Z-Score. This places Chongqing Taiji Industry (Group) Co in the lower half of its industry. The industry median Altman Z-Score is 3.27. Chongqing Taiji Industry (Group) Co's value of 1.13 is 65.4% below this benchmark. Historically, Chongqing Taiji Industry (Group) Co's own Altman Z-Score has ranged from 1.04 to 3.07 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 3.27, Chongqing Taiji Industry (Group) 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 Drug Manufacturers company?
The median Altman Z-Score among Drug Manufacturers companies is 3.27, based on 952 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. Chongqing Taiji Industry (Group) Co's current Altman Z-Score of 1.13 is 65.4% 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 Chongqing Taiji Industry (Group) Co and its competitors. For the Drug Manufacturers industry, the median Altman Z-Score is 3.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Taiji Industry (Group) Co's current Altman Z-Score is 1.13, which is 18% below median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Taiji Industry (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Taiji Industry (Group) Co (SHSE:600129) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥20.80, compared to a current price of ¥16.58 — trading 20.3% below its estimated fair value. The current Altman Z-Score is 1.13, which is 18% below median its 10-year median of 1.38 and 65.4% below the Drug Manufacturers industry median of 3.27. Chongqing Taiji Industry (Group) Co's overall GF Score™ is 67/100 with 9 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 Chongqing Taiji Industry (Group) Co (SHSE:600129), the current Altman Z-Score is 1.13 as of Jul. 11, 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 Chongqing Taiji Industry (Group) Co (SHSE:600129) Overvalued in 2026?
Based on GuruFocus' analysis, Chongqing Taiji Industry (Group) Co stock appears to be undervalued.
The current stock price of ¥16.58 is trading 20.3% below its estimated GF Value™ of ¥20.80.
GuruFocus considers Chongqing Taiji Industry (Group) Co to be Modestly Undervalued.
Key valuation signals for SHSE:600129:
Altman Z-Score: 1.13 (18% below median its 10-year median of 1.38)
GF Value™: ¥20.80 vs. price of ¥16.58 (20.3% below fair value)
Industry Position: 65.4% below the Drug Manufacturers median (#761 of 952)
No single metric tells the full story. See the SHSE:600129 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chongqing Taiji Industry (Group) Co Business Description
Chongqing Taiji Industry (Group) Co Ltd is a China-based company engaged in the production and sales of Chinese and Western medicines. It is also engaged in the cultivation of medicinal herbs. Its products mainly include capsules, syrup, oral liquid, lyophilized series, tablets, infusion series, and injections. The company mainly conducts its business in domestic and overseas markets.
67GF Score
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