Jiangsu Sopo Chemical Co (SHSE:600746) Altman Z-Score: 4.23 (As of Sep. 04, 2026) — 55% Below Median

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SHSE:600746 Jiangsu Sopo Chemical Co Ltd SHSE:600746
56 GF Score
Price ¥7.12
GF Value ¥7.10
Valuation Fairly Valued
! 5 Warning Signs
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What is Jiangsu Sopo Chemical Co Altman Z-Score?

Jiangsu Sopo Chemical Co SHSE:600746 -2.06% 56 Altman Z-Score is 4.23 as of Sep. 04, 2026, which is 55% below its 10-year median of 9.46. GuruFocus rates SHSE:600746 with a GF Score™ of 56/100 and a GF Value™ of ¥7.10 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,569 Chemicals companies, Jiangsu Sopo Chemical Co ranks better than 63.8% 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 4.24 is strong.

Jiangsu Sopo Chemical Co has a Altman Z-Score of 4.23, 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 Jiangsu Sopo Chemical Co's Altman Z-Score or its related term are showing as below:

SHSE:600746' s Altman Z-Score Range Over the Past 10 Years
Min: 1.28   Med: 9.46   Max: 22.2
Current: 4.24

During the past 13 years, Jiangsu Sopo Chemical Co's highest Altman Z-Score was 22.20. The lowest was 1.28. And the median was 9.46.


Jiangsu Sopo Chemical Co  (SHSE:600746) 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.


Jiangsu Sopo Chemical Co Altman Z-Score Related Terms


Jiangsu Sopo Chemical Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Jiangsu Sopo Chemical 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.

Jiangsu Sopo Chemical Co Altman Z-Score Chart

Jiangsu Sopo Chemical 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 13.52 10.11 5.45 4.46 3.67

Jiangsu Sopo Chemical Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.41 5.15 3.67 4.70 3.49

SHSE:600746 vs DOW: Altman Z-Score Comparison

For the Chemicals subindustry, Jiangsu Sopo Chemical 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.


Jiangsu Sopo Chemical Co Altman Z-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu Sopo Chemical Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Jiangsu Sopo Chemical Co's Altman Z-Score falls into.


SHSE:600746
56GF Score
Jiangsu Sopo Chemical Co Ltd SHSE:600746
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangsu Sopo Chemical 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.

Jiangsu Sopo Chemical 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*0.1477+1.4*0.2391+3.3*0.0381+0.6*4.6039+1.0*0.8252
=4.23

* 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 Jun. 2026:
Total Assets was ¥7,426 Mil.
Total Current Assets was ¥2,159 Mil.
Total Current Liabilities was ¥1,062 Mil.
Retained Earnings was ¥1,776 Mil.
Pre-Tax Income was 255.086 + 40.248 + -43.228 + 27.936 = ¥280 Mil.
Interest Expense was -0.557 + -0.821 + -0.505 + -0.804 = ¥-3 Mil.
Revenue was 1915.769 + 1514.229 + 1195.6 + 1502.482 = ¥6,128 Mil.
Market Cap (Today) was ¥8,315 Mil.
Total Liabilities was ¥1,806 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
=(2158.881 - 1062.183)/7426.101
=0.1477

X2=Retained Earnings/Total Assets
=1775.861/7426.101
=0.2391

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(280.042 - -2.687)/7426.101
=0.0381

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=8315.041/1806.067
=4.6039

X5=Revenue/Total Assets
=6128.08/7426.101
=0.8252

The zones of discrimination were as such:

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

Jiangsu Sopo Chemical Co has a Altman Z-Score of 4.23 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 4.23 mean?
Jiangsu Sopo Chemical Co (SHSE:600746) has a Altman Z-Score of 4.23 as of Sep. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Jiangsu Sopo Chemical Co and its competitors. This is 55% below median its historical median of 9.46. Over the past decade, Jiangsu Sopo Chemical Co's Altman Z-Score has ranged from 1.28 to 22.20. According to the industry distribution chart, Jiangsu Sopo Chemical Co ranks #568 out of 1569 companies in the Chemicals industry, placing it in the top 36.2%.
Is Jiangsu Sopo Chemical Co's Altman Z-Score too high?
Jiangsu Sopo Chemical Co's current Altman Z-Score of 4.23 is 55% below median its 10-year median of 9.46. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 22.20. The Chemicals industry median Altman Z-Score is 3.17. Jiangsu Sopo Chemical Co's value of 4.23 is 33.4% above this industry median. Based on the distribution chart, Jiangsu Sopo Chemical Co ranks #568 out of 1569 companies in the Chemicals industry, which is above the industry midpoint. Overall, Jiangsu Sopo Chemical Co has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Sopo Chemical Co's Altman Z-Score compare to DOW?
According to the Chemicals industry distribution chart, Jiangsu Sopo Chemical Co ranks #568 out of 1569 companies for Altman Z-Score. This puts Jiangsu Sopo Chemical Co in the upper half of its industry. The industry median Altman Z-Score is 3.17. Jiangsu Sopo Chemical Co's value of 4.23 is 33.4% above this benchmark. Historically, Jiangsu Sopo Chemical Co's own Altman Z-Score has ranged from 1.28 to 22.20 over the past decade. While the company's 10-year median is 9.46 vs. the industry median of 3.17, Jiangsu Sopo Chemical 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 Chemicals company?
The median Altman Z-Score among Chemicals companies is 3.17, based on 1,569 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. Jiangsu Sopo Chemical Co's current Altman Z-Score of 4.23 is 33.4% 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 Jiangsu Sopo Chemical Co and its competitors. For the Chemicals industry, the median Altman Z-Score is 3.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Sopo Chemical Co's current Altman Z-Score is 4.23, which is 55% below median its own 10-year median of 9.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Sopo Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Sopo Chemical Co (SHSE:600746) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.10, compared to a current price of ¥7.12 — trading 0.3% above its estimated fair value. The current Altman Z-Score is 4.23, which is 55% below median its 10-year median of 9.46 and 33.4% above the Chemicals industry median of 3.17. Jiangsu Sopo Chemical Co's overall GF Score™ is 56/100 with 5 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 Jiangsu Sopo Chemical Co (SHSE:600746), the current Altman Z-Score is 4.23 as of Sep. 04, 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 Jiangsu Sopo Chemical Co (SHSE:600746) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Sopo Chemical Co stock appears to be overvalued. The current stock price of ¥7.12 is trading 0.3% above its estimated GF Value™ of ¥7.10. GuruFocus considers Jiangsu Sopo Chemical Co to be Fairly Valued.

Key valuation signals for SHSE:600746:

  • Altman Z-Score: 4.23 (55% below median its 10-year median of 9.46)
  • GF Value™: ¥7.10 vs. price of ¥7.12 (0.3% above fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 33.4% above the Chemicals median (#568 of 1569)

No single metric tells the full story. See the SHSE:600746 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Sopo Chemical Co Business Description

Address No. 50 Yuehe Street, Jianbi Town, Zhenjiang, Jiangsu, CHN, 212006
Jiangsu Sopo Chemical Co Ltd is a China-based company principally engaged in the production and distribution of chemical products. The products offered by the group include sulfuric acid, Bleaching powder, ADC foaming agent, Ethyl acetate, Glacial acetic acid and Methanol . Geographically, the activities are carried out through China.
56GF Score

Get the complete analysis for SHSE:600746

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

¥7.12
Price
¥7.10
GF Value