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Grinm Advanced Materials CoSHSE:600206 -9.00%50 Altman Z-Score is 9.68 as of Jul. 17, 2026, which is 9% below its 10-year median of 10.61. GuruFocus rates SHSE:600206 with a GF Score™ of 50/100 and a GF Value™ of ¥14.25 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,016 Semiconductors companies, Grinm Advanced Materials Co ranks better than 75.49% 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 13.41 is strong.
Grinm Advanced Materials Co has a Altman Z-Score of 9.68, 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 Grinm Advanced Materials Co's Altman Z-Score or its related term are showing as below:
SHSE:600206'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.94 Med: 10.61 Max: 26.41
Current: 13.41
During the past 13 years, Grinm Advanced Materials Co's highest Altman Z-Score was 26.41. The lowest was 3.94. And the median was 10.61.
Grinm Advanced Materials Co (SHSE:600206) 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.
SHSE:600206 vs AMAT, LRCX, KLAC: Altman Z-Score Comparison
For the Semiconductor Equipment & Materials subindustry, Grinm Advanced Materials 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.
Grinm Advanced Materials Co Altman Z-Score vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Grinm Advanced Materials Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Grinm Advanced Materials Co's Altman Z-Score falls into.
Grinm Advanced Materials 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.
Grinm Advanced Materials Co (SHSE:600206) has a Altman Z-Score of 9.68 as of Jul. 17, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Grinm Advanced Materials Co and its competitors. This is near median its historical median of 10.61. Over the past decade, Grinm Advanced Materials Co's Altman Z-Score has ranged from 3.94 to 26.41. According to the industry distribution chart, Grinm Advanced Materials Co ranks #249 out of 1016 companies in the Semiconductors industry, placing it in the top 24.5%.
Is Grinm Advanced Materials Co's Altman Z-Score too high?
Grinm Advanced Materials Co's current Altman Z-Score of 9.68 is near median its 10-year median of 10.61. Over the past 10 years, this metric has ranged from a low of 3.94 to a high of 26.41. The Semiconductors industry median Altman Z-Score is 5.32. Grinm Advanced Materials Co's value of 9.68 is 82.1% above this industry median. Based on the distribution chart, Grinm Advanced Materials Co ranks #249 out of 1016 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Grinm Advanced Materials Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grinm Advanced Materials Co's Altman Z-Score compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Grinm Advanced Materials Co ranks #249 out of 1016 companies for Altman Z-Score. This places Grinm Advanced Materials Co in the top 25% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 5.32. Grinm Advanced Materials Co's value of 9.68 is 82.1% above this benchmark. Historically, Grinm Advanced Materials Co's own Altman Z-Score has ranged from 3.94 to 26.41 over the past decade. While the company's 10-year median is 10.61 vs. the industry median of 5.32, Grinm Advanced Materials Co 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 Semiconductors company?
The median Altman Z-Score among Semiconductors companies is 5.32, based on 1,016 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. Grinm Advanced Materials Co's current Altman Z-Score of 9.68 is 82.1% 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 Grinm Advanced Materials Co and its competitors. For the Semiconductors industry, the median Altman Z-Score is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grinm Advanced Materials Co's current Altman Z-Score is 9.68, which is near median its own 10-year median of 10.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grinm Advanced Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Grinm Advanced Materials Co (SHSE:600206) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥14.25, compared to a current price of ¥39.85 — trading 179.6% above its estimated fair value. The current Altman Z-Score is 9.68, which is near median its 10-year median of 10.61 and 82.1% above the Semiconductors industry median of 5.32. Grinm Advanced Materials Co's overall GF Score™ is 50/100 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 Grinm Advanced Materials Co (SHSE:600206), the current Altman Z-Score is 9.68 as of Jul. 17, 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 Grinm Advanced Materials Co (SHSE:600206) Overvalued in 2026?
Based on GuruFocus' analysis, Grinm Advanced Materials Co stock appears to be overvalued.
The current stock price of ¥39.85 is trading 179.6% above its estimated GF Value™ of ¥14.25.
GuruFocus considers Grinm Advanced Materials Co to be Significantly Overvalued.
Key valuation signals for SHSE:600206:
Altman Z-Score: 9.68 (near median its 10-year median of 10.61)
GF Value™: ¥14.25 vs. price of ¥39.85 (179.6% above fair value)
Industry Position: 82.1% above the Semiconductors median (#249 of 1016)
No single metric tells the full story. See the SHSE:600206 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grinm Advanced Materials Co Ltd is engaged in the research, development, manufacture, and distribution of semiconductor materials. The semiconductors offered by the company are widely used in integrated circuits, discrete devices, solar cell and other fields. Its products are exported to the United States, Japan, Spain, South Korea, Taiwan, Hong Kong and other places.
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