Time Publishing & Media Co (SHSE:600551) Altman Z-Score: 3.23 (As of Jul. 12, 2026) — Near Median


SHSE:600551 Time Publishing & Media Co Ltd SHSE:600551
64 GF Score
Price ¥6.60
GF Value ¥7.10
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Time Publishing & Media Co Altman Z-Score?

Time Publishing & Media Co SHSE:600551 +0.30% 64 Altman Z-Score is 3.23 as of Jul. 12, 2026, which is 8% below its 10-year median of 3.51. GuruFocus rates SHSE:600551 with a GF Score™ of 64/100 and a GF Value™ of ¥7.10 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,009 Media - Diversified companies, Time Publishing & Media Co ranks better than 70.86% 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 3.22 is strong.

Time Publishing & Media Co has a Altman Z-Score of 3.23, 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 Time Publishing & Media Co's Altman Z-Score or its related term are showing as below:

SHSE:600551' s Altman Z-Score Range Over the Past 10 Years
Min: 3.09   Med: 3.51   Max: 4.9
Current: 3.22

During the past 13 years, Time Publishing & Media Co's highest Altman Z-Score was 4.90. The lowest was 3.09. And the median was 3.51.


Time Publishing & Media Co  (SHSE:600551) 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.


Time Publishing & Media Co Altman Z-Score Related Terms


Time Publishing & Media Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Time Publishing & Media 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.

Time Publishing & Media Co Altman Z-Score Chart

Time Publishing & Media Co 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 3.34 3.56 3.09 3.52 3.53

Time Publishing & Media 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 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 3.59 3.82 3.65 3.53 3.44

SHSE:600551 vs NYT, WLY: Altman Z-Score Comparison

For the Publishing subindustry, Time Publishing & Media 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.


Time Publishing & Media Co Altman Z-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Time Publishing & Media Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Time Publishing & Media Co's Altman Z-Score falls into.


SHSE:600551
64GF Score
Time Publishing & Media Co Ltd SHSE:600551
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Time Publishing & Media 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.

Time Publishing & Media Co'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*0.4757+1.4*0.4702+3.3*0.0481+0.6*1.7918+1.0*0.7621
=3.23

* 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 ¥8,522 Mil.
Total Current Assets was ¥6,455 Mil.
Total Current Liabilities was ¥2,402 Mil.
Retained Earnings was ¥4,007 Mil.
Pre-Tax Income was 51.873 + 133.664 + 69.952 + 147.531 = ¥403 Mil.
Interest Expense was -1.481 + -1.665 + -2.85 + -0.783 = ¥-7 Mil.
Revenue was 1199.067 + 1171.893 + 1774.599 + 2349.694 = ¥6,495 Mil.
Market Cap (Today) was ¥4,475 Mil.
Total Liabilities was ¥2,498 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
=(6455.232 - 2401.504)/8522.372
=0.4757

X2=Retained Earnings/Total Assets
=4007.011/8522.372
=0.4702

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(403.02 - -6.779)/8522.372
=0.0481

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=4475.165/2497.532
=1.7918

X5=Revenue/Total Assets
=6495.253/8522.372
=0.7621

The zones of discrimination were as such:

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

Time Publishing & Media Co has a Altman Z-Score of 3.23 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 3.23 mean?
Time Publishing & Media Co (SHSE:600551) has a Altman Z-Score of 3.23 as of Jul. 12, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Time Publishing & Media Co and its competitors. This is near median its historical median of 3.51. Over the past decade, Time Publishing & Media Co's Altman Z-Score has ranged from 3.09 to 4.90. According to the industry distribution chart, Time Publishing & Media Co ranks #294 out of 1009 companies in the Media - Diversified industry, placing it in the top 29.1%.
Is Time Publishing & Media Co's Altman Z-Score too high?
Time Publishing & Media Co's current Altman Z-Score of 3.23 is near median its 10-year median of 3.51. Over the past 10 years, this metric has ranged from a low of 3.09 to a high of 4.90. The Media - Diversified industry median Altman Z-Score is 1.99. Time Publishing & Media Co's value of 3.23 is 62.3% above this industry median. Based on the distribution chart, Time Publishing & Media Co ranks #294 out of 1009 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Time Publishing & Media Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Time Publishing & Media Co's Altman Z-Score compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Time Publishing & Media Co ranks #294 out of 1009 companies for Altman Z-Score. This puts Time Publishing & Media Co in the upper half of its industry. The industry median Altman Z-Score is 1.99. Time Publishing & Media Co's value of 3.23 is 62.3% above this benchmark. Historically, Time Publishing & Media Co's own Altman Z-Score has ranged from 3.09 to 4.90 over the past decade. While the company's 10-year median is 3.51 vs. the industry median of 1.99, Time Publishing & Media 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 Media - Diversified company?
The median Altman Z-Score among Media - Diversified companies is 1.99, based on 1,009 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. Time Publishing & Media Co's current Altman Z-Score of 3.23 is 62.3% 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 Time Publishing & Media Co and its competitors. For the Media - Diversified industry, the median Altman Z-Score is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Time Publishing & Media Co's current Altman Z-Score is 3.23, which is near median its own 10-year median of 3.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Time Publishing & Media Co stock overvalued right now?
Based on GuruFocus' analysis, Time Publishing & Media Co (SHSE:600551) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.10, compared to a current price of ¥6.60 — trading 7% below its estimated fair value. The current Altman Z-Score is 3.23, which is near median its 10-year median of 3.51 and 62.3% above the Media - Diversified industry median of 1.99. Time Publishing & Media Co's overall GF Score™ is 64/100 with 2 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 Time Publishing & Media Co (SHSE:600551), the current Altman Z-Score is 3.23 as of Jul. 12, 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 Time Publishing & Media Co (SHSE:600551) Overvalued in 2026?

Based on GuruFocus' analysis, Time Publishing & Media Co stock appears to be undervalued. The current stock price of ¥6.60 is trading 7% below its estimated GF Value™ of ¥7.10. GuruFocus considers Time Publishing & Media Co to be Fairly Valued.

Key valuation signals for SHSE:600551:

  • Altman Z-Score: 3.23 (near median its 10-year median of 3.51)
  • GF Value™: ¥7.10 vs. price of ¥6.60 (7% below fair value)
  • GF Score™: 64/100 with 2 warning signs
  • Industry Position: 62.3% above the Media - Diversified median (#294 of 1009)

No single metric tells the full story. See the SHSE:600551 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Time Publishing & Media Co Business Description

Address No. 1118, Feicui Road, Publishing and Media Plaza, Shushan District, Anhui Province, Hefei, Anhui, CHN, 230071
Time Publishing & Media Co Ltd is a cultural media listed company. The main business involves multiple business areas such as book and periodical publishing, new media publishing, quality education after-school services, printing and copying, cultural product trade, equity investment, etc.
64GF Score

Get the complete analysis for SHSE:600551

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

¥6.60
Price
¥7.10
GF Value