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Jiangsu Maysta Chemical CoSHSE:603041 -0.50%77 Altman Z-Score is 5.37 as of Jul. 30, 2026, which is 41% below its 10-year median of 9.06. GuruFocus rates SHSE:603041 with a GF Score™ of 77/100 and a GF Value™ of ¥13.02 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,559 Chemicals companies, Jiangsu Maysta Chemical Co ranks better than 73.77% 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 5.21 is strong.
Jiangsu Maysta Chemical Co has a Altman Z-Score of 5.37, 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 Maysta Chemical Co's Altman Z-Score or its related term are showing as below:
SHSE:603041'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.83 Med: 9.06 Max: 23.42
Current: 5.21
During the past 13 years, Jiangsu Maysta Chemical Co's highest Altman Z-Score was 23.42. The lowest was 1.83. And the median was 9.06.
Jiangsu Maysta Chemical Co (SHSE:603041) 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:603041 vs LIN, SHW, ECL: Altman Z-Score Comparison
For the Specialty Chemicals subindustry, Jiangsu Maysta 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 Maysta Chemical Co Altman Z-Score vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Jiangsu Maysta Chemical Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Jiangsu Maysta Chemical Co's Altman Z-Score falls into.
Jiangsu Maysta 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.
* 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.
Jiangsu Maysta Chemical Co (SHSE:603041) has a Altman Z-Score of 5.37 as of Jul. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Jiangsu Maysta Chemical Co and its competitors. This is 41% below median its historical median of 9.06. Over the past decade, Jiangsu Maysta Chemical Co's Altman Z-Score has ranged from 1.83 to 23.42. According to the industry distribution chart, Jiangsu Maysta Chemical Co ranks #409 out of 1559 companies in the Chemicals industry, placing it in the top 26.2%.
Is Jiangsu Maysta Chemical Co's Altman Z-Score too high?
Jiangsu Maysta Chemical Co's current Altman Z-Score of 5.37 is 41% below median its 10-year median of 9.06. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 23.42. The Chemicals industry median Altman Z-Score is 3.03. Jiangsu Maysta Chemical Co's value of 5.37 is 77.2% above this industry median. Based on the distribution chart, Jiangsu Maysta Chemical Co ranks #409 out of 1559 companies in the Chemicals industry, which is above the industry midpoint. Overall, Jiangsu Maysta Chemical Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Maysta Chemical Co's Altman Z-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, Jiangsu Maysta Chemical Co ranks #409 out of 1559 companies for Altman Z-Score. This puts Jiangsu Maysta Chemical Co in the upper half of its industry. The industry median Altman Z-Score is 3.03. Jiangsu Maysta Chemical Co's value of 5.37 is 77.2% above this benchmark. Historically, Jiangsu Maysta Chemical Co's own Altman Z-Score has ranged from 1.83 to 23.42 over the past decade. While the company's 10-year median is 9.06 vs. the industry median of 3.03, Jiangsu Maysta 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 3.03, based on 1,559 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 Maysta Chemical Co's current Altman Z-Score of 5.37 is 77.2% 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 Maysta Chemical Co and its competitors. For the Chemicals industry, the median Altman Z-Score is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Maysta Chemical Co's current Altman Z-Score is 5.37, which is 41% below median its own 10-year median of 9.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Maysta Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Maysta Chemical Co (SHSE:603041) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.02, compared to a current price of ¥9.89 — trading 24% below its estimated fair value. The current Altman Z-Score is 5.37, which is 41% below median its 10-year median of 9.06 and 77.2% above the Chemicals industry median of 3.03. Jiangsu Maysta Chemical Co's overall GF Score™ is 77/100 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 Maysta Chemical Co (SHSE:603041), the current Altman Z-Score is 5.37 as of Jul. 30, 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 Maysta Chemical Co (SHSE:603041) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Maysta Chemical Co stock appears to be undervalued.
The current stock price of ¥9.89 is trading 24% below its estimated GF Value™ of ¥13.02.
GuruFocus considers Jiangsu Maysta Chemical Co to be Modestly Undervalued.
Key valuation signals for SHSE:603041:
Altman Z-Score: 5.37 (41% below median its 10-year median of 9.06)
GF Value™: ¥13.02 vs. price of ¥9.89 (24% below fair value)
Industry Position: 77.2% above the Chemicals median (#409 of 1559)
No single metric tells the full story. See the SHSE:603041 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Maysta Chemical Co Ltd is mainly engaged in the research and development, production and sales of organosilicon surfactants in China. Its product portfolio includes Silicone Surfactants for rigid, flexible, and phenolic foams, polyurethane foams and shoe soles, and oil displacement.
77GF Score
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