Shanghai Xiao Fang Pharmaceutical Co (SHSE:603207) Altman Z-Score: 21.27 (As of Jul. 27, 2026) — Near Median

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SHSE:603207 Shanghai Xiao Fang Pharmaceutical Co Ltd SHSE:603207
38 GF Score
Price ¥21.87
! 2 Warning Signs
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What is Shanghai Xiao Fang Pharmaceutical Co Altman Z-Score?

Shanghai Xiao Fang Pharmaceutical Co SHSE:603207 +1.72% 38 Altman Z-Score is 21.27 as of Jul. 27, 2026, which is 1% above its 10-year median of 20.97. GuruFocus rates SHSE:603207 with a GF Score™ of 38/100. The stock has 2 warning signs investors should review. Among 953 Drug Manufacturers companies, Shanghai Xiao Fang Pharmaceutical Co ranks better than 96.12% 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 20.95 is strong.

Shanghai Xiao Fang Pharmaceutical Co has a Altman Z-Score of 21.27, 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 Shanghai Xiao Fang Pharmaceutical Co's Altman Z-Score or its related term are showing as below:

SHSE:603207' s Altman Z-Score Range Over the Past 10 Years
Min: 14.83   Med: 20.97   Max: 26.22
Current: 20.95

During the past 7 years, Shanghai Xiao Fang Pharmaceutical Co's highest Altman Z-Score was 26.22. The lowest was 14.83. And the median was 20.97.


Shanghai Xiao Fang Pharmaceutical Co  (SHSE:603207) 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.


Shanghai Xiao Fang Pharmaceutical Co Altman Z-Score Related Terms


Shanghai Xiao Fang Pharmaceutical Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Shanghai Xiao Fang Pharmaceutical 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.

Shanghai Xiao Fang Pharmaceutical Co Altman Z-Score Chart

Shanghai Xiao Fang Pharmaceutical Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 0.00 18.20 20.97

Shanghai Xiao Fang Pharmaceutical Co Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 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 22.47 22.51 14.83 20.97 26.22

SHSE:603207 vs ZTS: Altman Z-Score Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Shanghai Xiao Fang Pharmaceutical 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.


Shanghai Xiao Fang Pharmaceutical Co Altman Z-Score vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Shanghai Xiao Fang Pharmaceutical Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Shanghai Xiao Fang Pharmaceutical Co's Altman Z-Score falls into.


SHSE:603207
38GF Score
Shanghai Xiao Fang Pharmaceutical Co Ltd SHSE:603207
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Xiao Fang Pharmaceutical 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.

Shanghai Xiao Fang Pharmaceutical 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*0.6121+1.4*0.3377+3.3*0.1878+0.6*31.6924+1.0*0.4296
=21.27

* 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 ¥1,261.4 Mil.
Total Current Assets was ¥882.9 Mil.
Total Current Liabilities was ¥110.8 Mil.
Retained Earnings was ¥426.0 Mil.
Pre-Tax Income was 65.463 + 42.91 + 56.933 + 71.542 = ¥236.8 Mil.
Interest Expense was -0.005 + -0.019 + -0.001 + -0.003 = ¥-0.0 Mil.
Revenue was 145.694 + 128.062 + 127.429 + 140.718 = ¥541.9 Mil.
Market Cap (Today) was ¥3,513.9 Mil.
Total Liabilities was ¥110.9 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
=(882.918 - 110.787)/1261.407
=0.6121

X2=Retained Earnings/Total Assets
=425.99/1261.407
=0.3377

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(236.848 - -0.028)/1261.407
=0.1878

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=3513.924/110.876
=31.6924

X5=Revenue/Total Assets
=541.903/1261.407
=0.4296

The zones of discrimination were as such:

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

Shanghai Xiao Fang Pharmaceutical Co has a Altman Z-Score of 21.27 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 21.27 mean?
Shanghai Xiao Fang Pharmaceutical Co (SHSE:603207) has a Altman Z-Score of 21.27 as of Jul. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Shanghai Xiao Fang Pharmaceutical Co and its competitors. This is near median its historical median of 20.97. Over the past decade, Shanghai Xiao Fang Pharmaceutical Co's Altman Z-Score has ranged from 14.83 to 26.22. According to the industry distribution chart, Shanghai Xiao Fang Pharmaceutical Co ranks #37 out of 953 companies in the Drug Manufacturers industry, placing it in the top 3.9%.
Is Shanghai Xiao Fang Pharmaceutical Co's Altman Z-Score too high?
Shanghai Xiao Fang Pharmaceutical Co's current Altman Z-Score of 21.27 is near median its 10-year median of 20.97. Over the past 10 years, this metric has ranged from a low of 14.83 to a high of 26.22. The Drug Manufacturers industry median Altman Z-Score is 3.15. Shanghai Xiao Fang Pharmaceutical Co's value of 21.27 is 575.2% above this industry median. Based on the distribution chart, Shanghai Xiao Fang Pharmaceutical Co ranks #37 out of 953 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Xiao Fang Pharmaceutical Co has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai Xiao Fang Pharmaceutical Co's Altman Z-Score compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Shanghai Xiao Fang Pharmaceutical Co ranks #37 out of 953 companies for Altman Z-Score. This places Shanghai Xiao Fang Pharmaceutical Co in the top 4% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.15. Shanghai Xiao Fang Pharmaceutical Co's value of 21.27 is 575.2% above this benchmark. Historically, Shanghai Xiao Fang Pharmaceutical Co's own Altman Z-Score has ranged from 14.83 to 26.22 over the past decade. While the company's 10-year median is 20.97 vs. the industry median of 3.15, Shanghai Xiao Fang Pharmaceutical 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 Drug Manufacturers company?
The median Altman Z-Score among Drug Manufacturers companies is 3.15, based on 953 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. Shanghai Xiao Fang Pharmaceutical Co's current Altman Z-Score of 21.27 is 575.2% 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 Shanghai Xiao Fang Pharmaceutical Co and its competitors. For the Drug Manufacturers industry, the median Altman Z-Score is 3.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Xiao Fang Pharmaceutical Co's current Altman Z-Score is 21.27, which is near median its own 10-year median of 20.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Xiao Fang Pharmaceutical Co stock overvalued right now?
Shanghai Xiao Fang Pharmaceutical Co (SHSE:603207) has a current Altman Z-Score of 21.27. The current Altman Z-Score is 21.27, which is near median its 10-year median of 20.97 and 575.2% above the Drug Manufacturers industry median of 3.15. Shanghai Xiao Fang Pharmaceutical Co's overall GF Score™ is 38/100 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 Shanghai Xiao Fang Pharmaceutical Co (SHSE:603207), the current Altman Z-Score is 21.27 as of Jul. 27, 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.

Shanghai Xiao Fang Pharmaceutical Co Business Description

Address No. 777, Hongzhu Road, Fengxian District, Shanghai, CHN, 201411
Shanghai Xiao Fang Pharmaceutical Co Ltd is engaged in Research and development, production and sales of topical medicines.
38GF Score

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