Sichuan Guangan AAA PCL (SHSE:600979) Altman Z-Score: 0.60 (As of Jul. 22, 2026) — 42% Below Median

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SHSE:600979 Sichuan Guangan AAA PCL SHSE:600979
60 GF Score
Price ¥3.99
GF Value ¥4.18
Valuation Fairly Valued
! 11 Warning Signs
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What is Sichuan Guangan AAA PCL Altman Z-Score?

Sichuan Guangan AAA PCL SHSE:600979 +0.50% 60 Altman Z-Score is 0.60 as of Jul. 22, 2026, which is 42% below its 10-year median of 1.03. GuruFocus rates SHSE:600979 with a GF Score™ of 60/100 and a GF Value™ of ¥4.18 (Fairly Valued). The stock has 11 warning signs investors should review. Among 499 Utilities - Regulated companies, Sichuan Guangan AAA PCL ranks worse than 86.97% 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 0.59 is in distress zone. This implies bankruptcy possibility in the next two years.

Sichuan Guangan AAA PCL has a Altman Z-Score of 0.60, 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 Sichuan Guangan AAA PCL's Altman Z-Score or its related term are showing as below:

SHSE:600979' s Altman Z-Score Range Over the Past 10 Years
Min: 0.57   Med: 1.03   Max: 1.51
Current: 0.59

During the past 13 years, Sichuan Guangan AAA PCL's highest Altman Z-Score was 1.51. The lowest was 0.57. And the median was 1.03.


Sichuan Guangan AAA PCL  (SHSE:600979) 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.


Sichuan Guangan AAA PCL Altman Z-Score Related Terms


Sichuan Guangan AAA PCL Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Sichuan Guangan AAA PCL'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.

Sichuan Guangan AAA PCL Altman Z-Score Chart

Sichuan Guangan AAA PCL 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 0.96 0.87 0.92 1.09 0.57

Sichuan Guangan AAA PCL 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 1.23 1.11 0.95 0.57 0.67

SHSE:600979 vs NEE, SO, DUK: Altman Z-Score Comparison

For the Utilities - Regulated Electric subindustry, Sichuan Guangan AAA PCL'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.


Sichuan Guangan AAA PCL Altman Z-Score vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Sichuan Guangan AAA PCL's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Sichuan Guangan AAA PCL's Altman Z-Score falls into.


SHSE:600979
60GF Score
Sichuan Guangan AAA PCL SHSE:600979
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Sichuan Guangan AAA PCL 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.

Sichuan Guangan AAA PCL'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*-0.0398+1.4*0.0875+3.3*-0.0131+0.6*0.5675+1.0*0.2254
=0.60

* 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 ¥13,315 Mil.
Total Current Assets was ¥2,575 Mil.
Total Current Liabilities was ¥3,105 Mil.
Retained Earnings was ¥1,166 Mil.
Pre-Tax Income was 43.678 + -484.713 + 95.738 + 71.646 = ¥-274 Mil.
Interest Expense was -23.408 + -25.803 + -26.324 + -23.977 = ¥-100 Mil.
Revenue was 715.19 + 860.869 + 730.411 + 694.51 = ¥3,001 Mil.
Market Cap (Today) was ¥5,034 Mil.
Total Liabilities was ¥8,870 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
=(2574.564 - 3105.123)/13314.807
=-0.0398

X2=Retained Earnings/Total Assets
=1165.538/13314.807
=0.0875

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-273.651 - -99.512)/13314.807
=-0.0131

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=5034.010/8869.952
=0.5675

X5=Revenue/Total Assets
=3000.98/13314.807
=0.2254

The zones of discrimination were as such:

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

Sichuan Guangan AAA PCL has a Altman Z-Score of 0.60 indicating it is in Distress 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 0.60 mean?
Sichuan Guangan AAA PCL (SHSE:600979) has a Altman Z-Score of 0.60 as of Jul. 22, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sichuan Guangan AAA PCL and its competitors. This is 42% below median its historical median of 1.03. Over the past decade, Sichuan Guangan AAA PCL's Altman Z-Score has ranged from 0.57 to 1.51. According to the industry distribution chart, Sichuan Guangan AAA PCL ranks #434 out of 499 companies in the Utilities - Regulated industry, placing it in the top 87%.
Is Sichuan Guangan AAA PCL's Altman Z-Score too high?
Sichuan Guangan AAA PCL's current Altman Z-Score of 0.60 is 42% below median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 1.51. The Utilities - Regulated industry median Altman Z-Score is 1.27. Sichuan Guangan AAA PCL's value of 0.60 is 52.8% below this industry median. Based on the distribution chart, Sichuan Guangan AAA PCL ranks #434 out of 499 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Sichuan Guangan AAA PCL has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sichuan Guangan AAA PCL's Altman Z-Score compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Sichuan Guangan AAA PCL ranks #434 out of 499 companies for Altman Z-Score. This places Sichuan Guangan AAA PCL in the lower half of its industry. The industry median Altman Z-Score is 1.27. Sichuan Guangan AAA PCL's value of 0.60 is 52.8% below this benchmark. Historically, Sichuan Guangan AAA PCL's own Altman Z-Score has ranged from 0.57 to 1.51 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 1.27, Sichuan Guangan AAA PCL 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 an Utilities - Regulated company?
The median Altman Z-Score among Utilities - Regulated companies is 1.27, based on 499 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. Sichuan Guangan AAA PCL's current Altman Z-Score of 0.60 is 52.8% 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 Sichuan Guangan AAA PCL and its competitors. For the Utilities - Regulated industry, the median Altman Z-Score is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sichuan Guangan AAA PCL's current Altman Z-Score is 0.60, which is 42% below median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sichuan Guangan AAA PCL stock overvalued right now?
Based on GuruFocus' analysis, Sichuan Guangan AAA PCL (SHSE:600979) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.18, compared to a current price of ¥3.99 — trading 4.5% below its estimated fair value. The current Altman Z-Score is 0.60, which is 42% below median its 10-year median of 1.03 and 52.8% below the Utilities - Regulated industry median of 1.27. Sichuan Guangan AAA PCL's overall GF Score™ is 60/100 with 11 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 Sichuan Guangan AAA PCL (SHSE:600979), the current Altman Z-Score is 0.60 as of Jul. 22, 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 Sichuan Guangan AAA PCL (SHSE:600979) Overvalued in 2026?

Based on GuruFocus' analysis, Sichuan Guangan AAA PCL stock appears to be undervalued. The current stock price of ¥3.99 is trading 4.5% below its estimated GF Value™ of ¥4.18. GuruFocus considers Sichuan Guangan AAA PCL to be Fairly Valued.

Key valuation signals for SHSE:600979:

  • Altman Z-Score: 0.60 (42% below median its 10-year median of 1.03)
  • GF Value™: ¥4.18 vs. price of ¥3.99 (4.5% below fair value)
  • GF Score™: 60/100 with 11 warning signs
  • Industry Position: 52.8% below the Utilities - Regulated median (#434 of 499)

No single metric tells the full story. See the SHSE:600979 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sichuan Guangan AAA PCL Business Description

Address No. 86, Qujiang North Road, Guang'an District, Guang'an, Sichuan, CHN, 638000
Sichuan Guangan AAA PCL is a China-based company engaged in the generation and distribution of electricity, natural gas and running water. Network access installation services are also offered by the Company.
60GF Score

Get the complete analysis for SHSE:600979

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

¥3.99
Price
¥4.18
GF Value