Sichuan Langsha Holding (SHSE:600137) Altman Z-Score: 7.49 (As of Jul. 07, 2026) — Near Median


SHSE:600137 Sichuan Langsha Holding Ltd SHSE:600137
76 GF Score
Price ¥16.68
GF Value ¥19.77
Valuation Modestly Undervalued
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What is Sichuan Langsha Holding Altman Z-Score?

Sichuan Langsha Holding SHSE:600137 -3.42% 76 Altman Z-Score is 7.49 as of Jul. 07, 2026, which is 7% below its 10-year median of 8.07. GuruFocus rates SHSE:600137 with a GF Score™ of 76/100 and a GF Value™ of ¥19.77 (Modestly Undervalued). Among 1,025 Manufacturing - Apparel & Accessories companies, Sichuan Langsha Holding ranks better than 91.02% 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.

Good Sign:

Altman Z-score of 7.74 is strong.

Sichuan Langsha Holding has a Altman Z-Score of 7.49, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

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 Langsha Holding's Altman Z-Score or its related term are showing as below:

SHSE:600137' s Altman Z-Score Range Over the Past 10 Years
Min: 5.23   Med: 8.07   Max: 24.68
Current: 7.74

During the past 13 years, Sichuan Langsha Holding's highest Altman Z-Score was 24.68. The lowest was 5.23. And the median was 8.07.


Sichuan Langsha Holding  (SHSE:600137) 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 Langsha Holding Altman Z-Score Related Terms


Sichuan Langsha Holding Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Sichuan Langsha Holding'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 Langsha Holding Altman Z-Score Chart

Sichuan Langsha Holding 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 7.51 7.59 7.65 7.21 8.15

Sichuan Langsha Holding 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 7.21 8.88 9.34 8.15 9.70

SHSE:600137 vs RL, LEVI, VFC: Altman Z-Score Comparison

For the Apparel Manufacturing subindustry, Sichuan Langsha Holding'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 Langsha Holding Altman Z-Score vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sichuan Langsha Holding's Altman Z-Score distribution charts can be found below:

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


SHSE:600137
76GF Score
Sichuan Langsha Holding Ltd SHSE:600137
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sichuan Langsha Holding 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 Langsha Holding'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*0.5908+1.4*0.1375+3.3*0.0503+0.6*9.7855+1.0*0.5471
=7.49

* 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 ¥729.0 Mil.
Total Current Assets was ¥596.2 Mil.
Total Current Liabilities was ¥165.6 Mil.
Retained Earnings was ¥100.2 Mil.
Pre-Tax Income was 9.236 + 15.051 + 10.355 + 1.754 = ¥36.4 Mil.
Interest Expense was -0.112 + -0.019 + -0.056 + -0.062 = ¥-0.2 Mil.
Revenue was 73.595 + 150.954 + 97.433 + 76.841 = ¥398.8 Mil.
Market Cap (Today) was ¥1,621.6 Mil.
Total Liabilities was ¥165.7 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
=(596.184 - 165.554)/728.953
=0.5908

X2=Retained Earnings/Total Assets
=100.203/728.953
=0.1375

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(36.396 - -0.249)/728.953
=0.0503

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1621.590/165.714
=9.7855

X5=Revenue/Total Assets
=398.823/728.953
=0.5471

The zones of discrimination were as such:

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

Sichuan Langsha Holding has a Altman Z-Score of 7.49 indicating it is in Safe 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 7.49 mean?
Sichuan Langsha Holding (SHSE:600137) has a Altman Z-Score of 7.49 as of Jul. 07, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sichuan Langsha Holding and its competitors. This is near median its historical median of 8.07. Over the past decade, Sichuan Langsha Holding's Altman Z-Score has ranged from 5.23 to 24.68. According to the industry distribution chart, Sichuan Langsha Holding ranks #92 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 9%.
Is Sichuan Langsha Holding's Altman Z-Score too high?
Sichuan Langsha Holding's current Altman Z-Score of 7.49 is near median its 10-year median of 8.07. Over the past 10 years, this metric has ranged from a low of 5.23 to a high of 24.68. The Manufacturing - Apparel & Accessories industry median Altman Z-Score is 2.55. Sichuan Langsha Holding's value of 7.49 is 193.7% above this industry median. Based on the distribution chart, Sichuan Langsha Holding ranks #92 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Sichuan Langsha Holding has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sichuan Langsha Holding's Altman Z-Score compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Sichuan Langsha Holding ranks #92 out of 1025 companies for Altman Z-Score. This places Sichuan Langsha Holding in the top 9% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.55. Sichuan Langsha Holding's value of 7.49 is 193.7% above this benchmark. Historically, Sichuan Langsha Holding's own Altman Z-Score has ranged from 5.23 to 24.68 over the past decade. While the company's 10-year median is 8.07 vs. the industry median of 2.55, Sichuan Langsha Holding 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 Manufacturing - Apparel & Accessories company?
The median Altman Z-Score among Manufacturing - Apparel & Accessories companies is 2.55, based on 1,025 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 Langsha Holding's current Altman Z-Score of 7.49 is 193.7% 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 Sichuan Langsha Holding and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Altman Z-Score is 2.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sichuan Langsha Holding's current Altman Z-Score is 7.49, which is near median its own 10-year median of 8.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sichuan Langsha Holding stock overvalued right now?
Based on GuruFocus' analysis, Sichuan Langsha Holding (SHSE:600137) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥19.77, compared to a current price of ¥16.68 — trading 15.6% below its estimated fair value. The current Altman Z-Score is 7.49, which is near median its 10-year median of 8.07 and 193.7% above the Manufacturing - Apparel & Accessories industry median of 2.55. Sichuan Langsha Holding's overall GF Score™ is 76/100. 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 Langsha Holding (SHSE:600137), the current Altman Z-Score is 7.49 as of Jul. 07, 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 Langsha Holding (SHSE:600137) Overvalued in 2026?

Based on GuruFocus' analysis, Sichuan Langsha Holding stock appears to be undervalued. The current stock price of ¥16.68 is trading 15.6% below its estimated GF Value™ of ¥19.77. GuruFocus considers Sichuan Langsha Holding to be Modestly Undervalued.

Key valuation signals for SHSE:600137:

  • Altman Z-Score: 7.49 (near median its 10-year median of 8.07)
  • GF Value™: ¥19.77 vs. price of ¥16.68 (15.6% below fair value)
  • GF Score™: 76/100
  • Industry Position: 193.7% above the Manufacturing - Apparel & Accessories median (#92 of 1025)

No single metric tells the full story. See the SHSE:600137 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sichuan Langsha Holding Business Description

Address No. 63 Wainan Street, Import and Export Building, 8th Floor, Yibin, Sichuan, CHN, 644000
Sichuan Langsha Holding Ltd operates in the apparel industry. It manufactures knitted fabrics.
76GF Score

Get the complete analysis for SHSE:600137

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

¥16.68
Price
¥19.77
GF Value