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Shandong Gold Mining CoSHSE:600547 +2.78%60 Altman Z-Score is 1.34 as of Jul. 20, 2026, which is 40% below its 10-year median of 2.22. GuruFocus rates SHSE:600547 with a GF Score™ of 60/100 and a GF Value™ of ¥47.77 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 784 Metals & Mining companies, Shandong Gold Mining Co ranks worse than 77.81% 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 1.32 is in distress zone. This implies bankruptcy possibility in the next two years.
Shandong Gold Mining Co has a Altman Z-Score of 1.34, 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.
The historical rank and industry rank for Shandong Gold Mining Co's Altman Z-Score or its related term are showing as below:
SHSE:600547'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.15 Med: 2.22 Max: 5.66
Current: 1.32
During the past 13 years, Shandong Gold Mining Co's highest Altman Z-Score was 5.66. The lowest was 1.15. And the median was 2.22.
Shandong Gold Mining Co (SHSE:600547) 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:600547 vs NEM, AU, RGLD: Altman Z-Score Comparison
For the Gold subindustry, Shandong Gold Mining 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.
Shandong Gold Mining Co Altman Z-Score vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Shandong Gold Mining Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Shandong Gold Mining Co's Altman Z-Score falls into.
Shandong Gold Mining 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.
Shandong Gold Mining Co (SHSE:600547) has a Altman Z-Score of 1.34 as of Jul. 20, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Shandong Gold Mining Co and its competitors. This is 40% below median its historical median of 2.22. Over the past decade, Shandong Gold Mining Co's Altman Z-Score has ranged from 1.15 to 5.66. According to the industry distribution chart, Shandong Gold Mining Co ranks #610 out of 784 companies in the Metals & Mining industry, placing it in the top 77.8%.
Is Shandong Gold Mining Co's Altman Z-Score too high?
Shandong Gold Mining Co's current Altman Z-Score of 1.34 is 40% below median its 10-year median of 2.22. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 5.66. The Metals & Mining industry median Altman Z-Score is 3.19. Shandong Gold Mining Co's value of 1.34 is 57.9% below this industry median. Based on the distribution chart, Shandong Gold Mining Co ranks #610 out of 784 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Shandong Gold Mining Co has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shandong Gold Mining Co's Altman Z-Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Shandong Gold Mining Co ranks #610 out of 784 companies for Altman Z-Score. This places Shandong Gold Mining Co in the lower half of its industry. The industry median Altman Z-Score is 3.19. Shandong Gold Mining Co's value of 1.34 is 57.9% below this benchmark. Historically, Shandong Gold Mining Co's own Altman Z-Score has ranged from 1.15 to 5.66 over the past decade. While the company's 10-year median is 2.22 vs. the industry median of 3.19, Shandong Gold Mining 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 Metals & Mining company?
The median Altman Z-Score among Metals & Mining companies is 3.19, based on 784 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. Shandong Gold Mining Co's current Altman Z-Score of 1.34 is 57.9% 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 Shandong Gold Mining Co and its competitors. For the Metals & Mining industry, the median Altman Z-Score is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Gold Mining Co's current Altman Z-Score is 1.34, which is 40% below median its own 10-year median of 2.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Gold Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Gold Mining Co (SHSE:600547) is currently considered Possible Value Trap. The stock's GF Value™ is ¥47.77, compared to a current price of ¥24.42 — trading 48.9% below its estimated fair value. The current Altman Z-Score is 1.34, which is 40% below median its 10-year median of 2.22 and 57.9% below the Metals & Mining industry median of 3.19. Shandong Gold Mining Co's overall GF Score™ is 60/100 with 3 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 Shandong Gold Mining Co (SHSE:600547), the current Altman Z-Score is 1.34 as of Jul. 20, 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 Shandong Gold Mining Co (SHSE:600547) Overvalued in 2026?
Based on GuruFocus' analysis, Shandong Gold Mining Co stock appears to be undervalued.
The current stock price of ¥24.42 is trading 48.9% below its estimated GF Value™ of ¥47.77.
GuruFocus considers Shandong Gold Mining Co to be Possible Value Trap.
Key valuation signals for SHSE:600547:
Altman Z-Score: 1.34 (40% below median its 10-year median of 2.22)
GF Value™: ¥47.77 vs. price of ¥24.42 (48.9% below fair value)
Industry Position: 57.9% below the Metals & Mining median (#610 of 784)
No single metric tells the full story. See the SHSE:600547 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shandong Gold Mining Co Ltd is a China-based company mainly engaged in the exploration, mining, beneficiation, and sales of gold and non-ferrous metals. Additionally, it is involved in the production, processing, and sales of specialized equipment for gold mines and construction and decoration materials. The company's main products include standard gold bullions, investment gold bars, alloy gold, and silver ingots. Its portfolio of gold mines comprises Sanshandao Gold Mine, Jiaojia Gold Mine, Xincheng Gold Mine, Veladero Gold Mine, and Qinghai Dachaidan Mining, among others. The company's reporting segments are: Gold, which derives maximum revenue, Silver metal, Copper metal, Iron ore concentrates, Lead metal, Zinc metal, Purchased gold, Small gold bars, and Others.
60GF Score
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