Henan Rebecca Hair Products Co (SHSE:600439) Altman Z-Score: 2.23 (As of Jul. 06, 2026) — Near Median

Q: What does a Altman Z-Score of 2.23 mean?

Henan Rebecca Hair Products Co (SHSE:600439) has a Altman Z-Score of 2.23 as of Jul. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Henan Rebecca Hair Products Co and its competitors. This is near median its historical median of 2.33. Over the past decade, Henan Rebecca Hair Products Co's Altman Z-Score has ranged from 1.79 to 4.15. According to the industry distribution chart, Henan Rebecca Hair Products Co ranks #1195 out of 1930 companies in the Consumer Packaged Goods industry, placing it in the top 61.9%.

Q: Is Henan Rebecca Hair Products Co's Altman Z-Score too high?

Henan Rebecca Hair Products Co's current Altman Z-Score of 2.23 is near median its 10-year median of 2.33. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 4.15. The Consumer Packaged Goods industry median Altman Z-Score is 2.86. Henan Rebecca Hair Products Co's value of 2.23 is 22% below this industry median. Based on the distribution chart, Henan Rebecca Hair Products Co ranks #1195 out of 1930 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Henan Rebecca Hair Products Co has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

Q: How does Henan Rebecca Hair Products Co's Altman Z-Score compare to PG and CL?

According to the Consumer Packaged Goods industry distribution chart, Henan Rebecca Hair Products Co ranks #1195 out of 1930 companies for Altman Z-Score. This places Henan Rebecca Hair Products Co in the lower half of its industry. The industry median Altman Z-Score is 2.86. Henan Rebecca Hair Products Co's value of 2.23 is 22% below this benchmark. Historically, Henan Rebecca Hair Products Co's own Altman Z-Score has ranged from 1.79 to 4.15 over the past decade. While the company's 10-year median is 2.33 vs. the industry median of 2.86, Henan Rebecca Hair Products 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.

Q: What is a good Altman Z-Score for a Consumer Packaged Goods company?

The median Altman Z-Score among Consumer Packaged Goods companies is 2.86, based on 1,930 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. Henan Rebecca Hair Products Co's current Altman Z-Score of 2.23 is 22% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

Q: 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 Henan Rebecca Hair Products Co and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Henan Rebecca Hair Products Co's current Altman Z-Score is 2.23, which is near median its own 10-year median of 2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Q: Is Henan Rebecca Hair Products Co stock overvalued right now?

Based on GuruFocus' analysis, Henan Rebecca Hair Products Co (SHSE:600439) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥2.87, compared to a current price of ¥2.17 — trading 24.4% below its estimated fair value. The current Altman Z-Score is 2.23, which is near median its 10-year median of 2.33 and 22% below the Consumer Packaged Goods industry median of 2.86. Henan Rebecca Hair Products Co's overall GF Score™ is 44/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

Q: How is Altman Z-Score calculated?

Altman Z-Score is calculated from a company's financial statements. For Henan Rebecca Hair Products Co (SHSE:600439), the current Altman Z-Score is 2.23 as of Jul. 06, 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.

Henan Rebecca Hair Products Co Ltd SHSE:600439

44 GF Score

Price ¥2.17

GF Value ¥2.87

Valuation Modestly Undervalued

4 Warning Signs

View Full Analysis

What is Henan Rebecca Hair Products Co Altman Z-Score?

Henan Rebecca Hair Products Co SHSE:600439 -3.13% 44 Altman Z-Score is 2.23 as of Jul. 06, 2026, which is 4% below its 10-year median of 2.33. GuruFocus rates SHSE:600439 with a GF Score™ of 44/100 and a GF Value™ of ¥2.87 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,930 Consumer Packaged Goods companies, Henan Rebecca Hair Products Co ranks worse than 61.92% 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 2.26 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Henan Rebecca Hair Products Co has a Altman Z-Score of 2.23, indicating it is in Grey Zones. This implies that Henan Rebecca Hair Products Co is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Henan Rebecca Hair Products Co's Altman Z-Score or its related term are showing as below:

SHSE:600439' s Altman Z-Score Range Over the Past 10 Years
Min: 1.79 Med: 2.33 Max: 4.15
Current: 2.26

During the past 13 years, Henan Rebecca Hair Products Co's highest Altman Z-Score was 4.15. The lowest was 1.79. And the median was 2.33.

Henan Rebecca Hair Products Co (SHSE:600439) 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.

Be Aware

Altman Z-Score does not apply to financial companies.

Henan Rebecca Hair Products Co Altman Z-Score Related Terms

Henan Rebecca Hair Products Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Henan Rebecca Hair Products Co'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.

Henan Rebecca Hair Products Co Altman Z-Score Chart

Henan Rebecca Hair Products Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Altman Z-Score

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2.47

2.09

2.00

2.10

2.26

Henan Rebecca Hair Products Co 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															2.24	2.43	2.25	2.26	2.40

SHSE:600439 vs PG, CL, KVUE: Altman Z-Score Comparison

For the Household & Personal Products subindustry, Henan Rebecca Hair Products 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.

Henan Rebecca Hair Products Co Altman Z-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Henan Rebecca Hair Products Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Henan Rebecca Hair Products Co's Altman Z-Score falls into.

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44GF Score

Henan Rebecca Hair Products Co Ltd SHSE:600439

Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.

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Henan Rebecca Hair Products 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.

Henan Rebecca Hair Products Co's Altman Z-Score for today is calculated with this formula:

1.2

1.4

3.3

0.6

1.0

1.2

0.4622

1.4

0.3525

3.3

-0.002

0.6

1.4693

1.0

0.3109

2.23

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was ¥4,194 Mil.
Total Current Assets was ¥3,454 Mil.
Total Current Liabilities was ¥1,516 Mil.
Retained Earnings was ¥1,478 Mil.
Pre-Tax Income was 4.662 + -86.234 + 2.831 + 1.731 = ¥-77 Mil.
Interest Expense was -16.943 + -15.575 + -15.266 + -20.745 = ¥-69 Mil.
Revenue was 315.655 + 394.953 + 300.451 + 292.777 = ¥1,304 Mil.
Market Cap (Today) was ¥2,456 Mil.
Total Liabilities was ¥1,672 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
	=	(3453.96 - 1515.772)	/	4193.503
	=	0.4622

X2	=	Retained Earnings	/	Total Assets
	=	1478.347	/	4193.503
	=	0.3525

X3	=	Earnings Before Interest and Taxes	/	Total Assets
	=	(Pre-Tax Income - Interest Expense)	/	Total Assets
	=	(-77.01 - -68.529)	/	4193.503
	=	-0.002

X4	=	Market Value Equity	/	Book Value of Total Liabilities
	=	Market Cap	/	Total Liabilities
	=	2456.408	/	1671.785
	=	1.4693

X5	=	Revenue	/	Total Assets
	=	1303.836	/	4193.503
	=	0.3109

The zones of discrimination were as such:

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

Henan Rebecca Hair Products Co has a Altman Z-Score of 2.23 indicating it is in Grey 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 2.23 mean?

Henan Rebecca Hair Products Co (SHSE:600439) has a Altman Z-Score of 2.23 as of Jul. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Henan Rebecca Hair Products Co and its competitors. This is near median its historical median of 2.33. Over the past decade, Henan Rebecca Hair Products Co's Altman Z-Score has ranged from 1.79 to 4.15. According to the industry distribution chart, Henan Rebecca Hair Products Co ranks #1195 out of 1930 companies in the Consumer Packaged Goods industry, placing it in the top 61.9%.

Is Henan Rebecca Hair Products Co's Altman Z-Score too high?

Henan Rebecca Hair Products Co's current Altman Z-Score of 2.23 is near median its 10-year median of 2.33. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 4.15. The Consumer Packaged Goods industry median Altman Z-Score is 2.86. Henan Rebecca Hair Products Co's value of 2.23 is 22% below this industry median. Based on the distribution chart, Henan Rebecca Hair Products Co ranks #1195 out of 1930 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Henan Rebecca Hair Products Co has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Henan Rebecca Hair Products Co's Altman Z-Score compare to PG and CL?

According to the Consumer Packaged Goods industry distribution chart, Henan Rebecca Hair Products Co ranks #1195 out of 1930 companies for Altman Z-Score. This places Henan Rebecca Hair Products Co in the lower half of its industry. The industry median Altman Z-Score is 2.86. Henan Rebecca Hair Products Co's value of 2.23 is 22% below this benchmark. Historically, Henan Rebecca Hair Products Co's own Altman Z-Score has ranged from 1.79 to 4.15 over the past decade. While the company's 10-year median is 2.33 vs. the industry median of 2.86, Henan Rebecca Hair Products 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 Consumer Packaged Goods company?

The median Altman Z-Score among Consumer Packaged Goods companies is 2.86, based on 1,930 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. Henan Rebecca Hair Products Co's current Altman Z-Score of 2.23 is 22% 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 Henan Rebecca Hair Products Co and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Henan Rebecca Hair Products Co's current Altman Z-Score is 2.23, which is near median its own 10-year median of 2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Henan Rebecca Hair Products Co stock overvalued right now?

Based on GuruFocus' analysis, Henan Rebecca Hair Products Co (SHSE:600439) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥2.87, compared to a current price of ¥2.17 — trading 24.4% below its estimated fair value. The current Altman Z-Score is 2.23, which is near median its 10-year median of 2.33 and 22% below the Consumer Packaged Goods industry median of 2.86. Henan Rebecca Hair Products Co's overall GF Score™ is 44/100 with 4 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 Henan Rebecca Hair Products Co (SHSE:600439), the current Altman Z-Score is 2.23 as of Jul. 06, 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 Henan Rebecca Hair Products Co (SHSE:600439) Overvalued in 2026?

Based on GuruFocus' analysis, Henan Rebecca Hair Products Co stock appears to be undervalued. The current stock price of ¥2.17 is trading 24.4% below its estimated GF Value™ of ¥2.87. GuruFocus considers Henan Rebecca Hair Products Co to be Modestly Undervalued.

Key valuation signals for SHSE:600439:

Altman Z-Score: 2.23 (near median its 10-year median of 2.33)
GF Value™: ¥2.87 vs. price of ¥2.17 (24.4% below fair value)
GF Score™: 44/100 with 4 warning signs
Industry Position: 22% below the Consumer Packaged Goods median (#1195 of 1930)

No single metric tells the full story. See the SHSE:600439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Henan Rebecca Hair Products Co Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies SZSE:301009 SHSE:603059 SHSE:600249 SZSE:003023 SHSE:603630 SZSE:301108 SZSE:300132 SZSE:300640 SZSE:002094 SZSE:001218 PG XPAR:OR LSE:ULVR CL BOM:500696 LSE:RKT KVUE KMB XTER:HEN3 EL

Address No. 666 Rebecca Avenue, Shangji Industrial Agglomeration District, Jian'an District, Henan Province, Xuchang, CHN, 461100

Website http://www.rebecca.com.cn

Henan Rebecca Hair Products Co Ltd is engaged in the production and sale of hairsprings, such as craft clockwork, chemical fiber hair, women's wigs, and hair. The company's main products include six categories: craft springs, chemical fiber springs, human hair wigs, chemical fiber wigs, training heads, composite fiber materials (fiber hair), etc. It has independent brands such as "Rebecca", "Sleek", "NOBLE", "JOEDIR", "Magic", "QVR".

44GF Score

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

¥2.17

Price

¥2.87

GF Value

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