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Huaibei Mining Holdings CoSHSE:600985 +7.17%67 Altman Z-Score is 1.29 as of Jul. 14, 2026, which is 27% below its 10-year median of 1.76. GuruFocus rates SHSE:600985 with a GF Score™ of 67/100 and a GF Value™ of ¥9.52 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,562 Chemicals companies, Huaibei Mining Holdings Co ranks worse than 85.98% 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 1.26 is in distress zone. This implies bankruptcy possibility in the next two years.
Huaibei Mining Holdings Co has a Altman Z-Score of 1.29, 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 Huaibei Mining Holdings Co's Altman Z-Score or its related term are showing as below:
SHSE:600985'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.33 Med: 1.76 Max: 32.45
Current: 1.26
During the past 13 years, Huaibei Mining Holdings Co's highest Altman Z-Score was 32.45. The lowest was 0.33. And the median was 1.76.
Huaibei Mining Holdings Co (SHSE:600985) 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:600985 vs LIN, SHW, ECL: Altman Z-Score Comparison
For the Specialty Chemicals subindustry, Huaibei Mining Holdings 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.
Huaibei Mining Holdings Co Altman Z-Score vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Huaibei Mining Holdings Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Huaibei Mining Holdings Co's Altman Z-Score falls into.
Huaibei Mining Holdings 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.
Huaibei Mining Holdings Co (SHSE:600985) has a Altman Z-Score of 1.29 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Huaibei Mining Holdings Co and its competitors. This is 27% below median its historical median of 1.76. Over the past decade, Huaibei Mining Holdings Co's Altman Z-Score has ranged from 0.33 to 32.45. According to the industry distribution chart, Huaibei Mining Holdings Co ranks #1343 out of 1562 companies in the Chemicals industry, placing it in the top 86%.
Is Huaibei Mining Holdings Co's Altman Z-Score too high?
Huaibei Mining Holdings Co's current Altman Z-Score of 1.29 is 27% below median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 32.45. The Chemicals industry median Altman Z-Score is 3.14. Huaibei Mining Holdings Co's value of 1.29 is 58.9% below this industry median. Based on the distribution chart, Huaibei Mining Holdings Co ranks #1343 out of 1562 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Huaibei Mining Holdings Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Huaibei Mining Holdings Co's Altman Z-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, Huaibei Mining Holdings Co ranks #1343 out of 1562 companies for Altman Z-Score. This places Huaibei Mining Holdings Co in the lower half of its industry. The industry median Altman Z-Score is 3.14. Huaibei Mining Holdings Co's value of 1.29 is 58.9% below this benchmark. Historically, Huaibei Mining Holdings Co's own Altman Z-Score has ranged from 0.33 to 32.45 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 3.14, Huaibei Mining Holdings 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 Chemicals company?
The median Altman Z-Score among Chemicals companies is 3.14, based on 1,562 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. Huaibei Mining Holdings Co's current Altman Z-Score of 1.29 is 58.9% 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 Huaibei Mining Holdings Co and its competitors. For the Chemicals industry, the median Altman Z-Score is 3.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Huaibei Mining Holdings Co's current Altman Z-Score is 1.29, which is 27% below median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Huaibei Mining Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Huaibei Mining Holdings Co (SHSE:600985) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥9.52, compared to a current price of ¥14.79 — trading 55.4% above its estimated fair value. The current Altman Z-Score is 1.29, which is 27% below median its 10-year median of 1.76 and 58.9% below the Chemicals industry median of 3.14. Huaibei Mining Holdings Co's overall GF Score™ is 67/100 with 8 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 Huaibei Mining Holdings Co (SHSE:600985), the current Altman Z-Score is 1.29 as of Jul. 14, 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 Huaibei Mining Holdings Co (SHSE:600985) Overvalued in 2026?
Based on GuruFocus' analysis, Huaibei Mining Holdings Co stock appears to be overvalued.
The current stock price of ¥14.79 is trading 55.4% above its estimated GF Value™ of ¥9.52.
GuruFocus considers Huaibei Mining Holdings Co to be Significantly Overvalued.
Key valuation signals for SHSE:600985:
Altman Z-Score: 1.29 (27% below median its 10-year median of 1.76)
GF Value™: ¥9.52 vs. price of ¥14.79 (55.4% above fair value)
Industry Position: 58.9% below the Chemicals median (#1343 of 1562)
No single metric tells the full story. See the SHSE:600985 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Huaibei Mining Holdings Co Ltd is a China-based company engaged in coal-related operations. Its primary activities include coal mining, washing, processing, and sales, as well as the manufacture and sale of coal chemical products. The company produces coal types such as coking, clean coal, and thermal coal. The company's coal chemical portfolio includes products such as coke and ethanol, along with by-products like tar, refined benzene, and dimethyl carbonate.
67GF Score
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