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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 12.65 is strong.
Wuhan Yangtze Communications Industry Group Co has a Altman Z-Score of 10.73, 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.
Wuhan Yangtze Communications Industry Group Co (SHSE:600345) 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.
Wuhan Yangtze Communications Industry Group Co Altman Z-Score Chart
Wuhan Yangtze Communications Industry Group Co Annual Data
SHSE:600345 vs CSCO, CIEN, MSI: Altman Z-Score Comparison
For the Communication Equipment subindustry, Wuhan Yangtze Communications 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.
Wuhan Yangtze Communications Industry Group Co Altman Z-Score vs Hardware Industry
Wuhan Yangtze Communications 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.
Wuhan Yangtze Communications Industry Group Co (SHSE:600345) has a Altman Z-Score of 10.73 as of Jul. 16, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Wuhan Yangtze Communications Industry Group Co and its competitors. This is near median its historical median of 11.04. Over the past decade, Wuhan Yangtze Communications Industry Group Co's Altman Z-Score has ranged from 3.16 to 37.14. According to the industry distribution chart, Wuhan Yangtze Communications Industry Group Co ranks #293 out of 2462 companies in the Hardware industry, placing it in the top 11.9%.
Is Wuhan Yangtze Communications Industry Group Co's Altman Z-Score too high?
Wuhan Yangtze Communications Industry Group Co's current Altman Z-Score of 10.73 is near median its 10-year median of 11.04. Over the past 10 years, this metric has ranged from a low of 3.16 to a high of 37.14. The Hardware industry median Altman Z-Score is 3.56. Wuhan Yangtze Communications Industry Group Co's value of 10.73 is 201.8% above this industry median. Based on the distribution chart, Wuhan Yangtze Communications Industry Group Co ranks #293 out of 2462 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Wuhan Yangtze Communications Industry Group Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wuhan Yangtze Communications Industry Group Co's Altman Z-Score compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Wuhan Yangtze Communications Industry Group Co ranks #293 out of 2462 companies for Altman Z-Score. This places Wuhan Yangtze Communications Industry Group Co in the top 12% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.56. Wuhan Yangtze Communications Industry Group Co's value of 10.73 is 201.8% above this benchmark. Historically, Wuhan Yangtze Communications Industry Group Co's own Altman Z-Score has ranged from 3.16 to 37.14 over the past decade. While the company's 10-year median is 11.04 vs. the industry median of 3.56, Wuhan Yangtze Communications Industry Group 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.56, based on 2,462 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. Wuhan Yangtze Communications Industry Group Co's current Altman Z-Score of 10.73 is 201.8% 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 Wuhan Yangtze Communications Industry Group Co and its competitors. For the Hardware industry, the median Altman Z-Score is 3.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wuhan Yangtze Communications Industry Group Co's current Altman Z-Score is 10.73, which is near median its own 10-year median of 11.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wuhan Yangtze Communications Industry Group Co stock overvalued right now?
Based on GuruFocus' analysis, Wuhan Yangtze Communications Industry Group Co (SHSE:600345) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥22.11, compared to a current price of ¥51.65 — trading 133.6% above its estimated fair value. The current Altman Z-Score is 10.73, which is near median its 10-year median of 11.04 and 201.8% above the Hardware industry median of 3.56. Wuhan Yangtze Communications Industry Group Co's overall GF Score™ is 56/100 with 10 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 Wuhan Yangtze Communications Industry Group Co (SHSE:600345), the current Altman Z-Score is 10.73 as of Jul. 16, 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 Wuhan Yangtze Communications Industry Group Co (SHSE:600345) Overvalued in 2026?
Based on GuruFocus' analysis, Wuhan Yangtze Communications Industry Group Co stock appears to be overvalued.
The current stock price of ¥51.65 is trading 133.6% above its estimated GF Value™ of ¥22.11.
GuruFocus considers Wuhan Yangtze Communications Industry Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:600345:
Altman Z-Score: 10.73 (near median its 10-year median of 11.04)
GF Value™: ¥22.11 vs. price of ¥51.65 (133.6% above fair value)
Industry Position: 201.8% above the Hardware median (#293 of 2462)
No single metric tells the full story. See the SHSE:600345 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wuhan Yangtze Communications Industry Group Co Business Description
Wuhan Yangtze Communications Industry Group Co Ltd is engaged in the investment, manufacture, and sales of communications, lighting and display products. Its product includes optical transmission equipment, access network equipment, optical fiber and cable, wireless communications system and equipment, base station radiofrequency cable, digital video equipment, communication equipment precise structure product, optical memory product, and relevant software.
56GF Score
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Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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