TSI Group Co (SHSE:603262) Altman Z-Score: 24.52 (As of Jul. 17, 2026) — 10% Below Median

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SHSE:603262 TSI Group Co Ltd SHSE:603262
19 GF Score
Price ¥24.06
! 3 Warning Signs
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What is TSI Group Co Altman Z-Score?

TSI Group Co SHSE:603262 -8.03% 19 Altman Z-Score is 24.52 as of Jul. 17, 2026, which is 10% below its 10-year median of 27.31. GuruFocus rates SHSE:603262 with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 1,934 Consumer Packaged Goods companies, TSI Group Co ranks better than 97.52% 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 25.11 is strong.

TSI Group Co has a Altman Z-Score of 24.52, 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 TSI Group Co's Altman Z-Score or its related term are showing as below:

SHSE:603262' s Altman Z-Score Range Over the Past 10 Years
Min: 25.11   Med: 27.31   Max: 29.14
Current: 25.11

During the past 7 years, TSI Group Co's highest Altman Z-Score was 29.14. The lowest was 25.11. And the median was 27.31.


TSI Group Co  (SHSE:603262) 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.


TSI Group Co Altman Z-Score Related Terms


TSI Group Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for TSI Group 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.

TSI Group Co Altman Z-Score Chart

TSI Group 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 0.00 27.31

TSI Group Co Quarterly Data
Dec19 Dec20 Dec21 Jun22 Dec22 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 0.00 0.00 29.14 27.31 25.16

SHSE:603262 vs KHC, GIS: Altman Z-Score Comparison

For the Packaged Foods subindustry, TSI Group 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.


TSI Group Co Altman Z-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, TSI Group Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where TSI Group Co's Altman Z-Score falls into.


SHSE:603262
19GF Score
TSI Group Co Ltd SHSE:603262
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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TSI Group 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.

TSI Group 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*0.5463+1.4*0.34+3.3*0.0721+0.6*37.6144+1.0*0.5815
=24.52

* 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 ¥1,837 Mil.
Total Current Assets was ¥1,187 Mil.
Total Current Liabilities was ¥184 Mil.
Retained Earnings was ¥625 Mil.
Pre-Tax Income was 27.24 + 16.798 + 21.747 + 64.209 = ¥130 Mil.
Interest Expense was -0.428 + -0.773 + -0.533 + -0.645 = ¥-2 Mil.
Revenue was 240.08 + 295.94 + 234.075 + 298.028 = ¥1,068 Mil.
Market Cap (Today) was ¥9,624 Mil.
Total Liabilities was ¥256 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
=(1187.434 - 183.876)/1836.941
=0.5463

X2=Retained Earnings/Total Assets
=624.556/1836.941
=0.34

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(129.994 - -2.379)/1836.941
=0.0721

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=9624.241/255.866
=37.6144

X5=Revenue/Total Assets
=1068.123/1836.941
=0.5815

The zones of discrimination were as such:

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

TSI Group Co has a Altman Z-Score of 24.52 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 24.52 mean?
TSI Group Co (SHSE:603262) has a Altman Z-Score of 24.52 as of Jul. 17, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on TSI Group Co and its competitors. This is 10% below median its historical median of 27.31. Over the past decade, TSI Group Co's Altman Z-Score has ranged from 25.11 to 29.14. According to the industry distribution chart, TSI Group Co ranks #48 out of 1934 companies in the Consumer Packaged Goods industry, placing it in the top 2.5%.
Is TSI Group Co's Altman Z-Score too high?
TSI Group Co's current Altman Z-Score of 24.52 is 10% below median its 10-year median of 27.31. Over the past 10 years, this metric has ranged from a low of 25.11 to a high of 29.14. The Consumer Packaged Goods industry median Altman Z-Score is 2.86. TSI Group Co's value of 24.52 is 757.3% above this industry median. Based on the distribution chart, TSI Group Co ranks #48 out of 1934 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, TSI Group Co has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does TSI Group Co's Altman Z-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, TSI Group Co ranks #48 out of 1934 companies for Altman Z-Score. This places TSI Group Co in the top 3% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.86. TSI Group Co's value of 24.52 is 757.3% above this benchmark. Historically, TSI Group Co's own Altman Z-Score has ranged from 25.11 to 29.14 over the past decade. While the company's 10-year median is 27.31 vs. the industry median of 2.86, TSI Group 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 Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.86, based on 1,934 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. TSI Group Co's current Altman Z-Score of 24.52 is 757.3% 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 TSI Group Co and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSI Group Co's current Altman Z-Score is 24.52, which is 10% below median its own 10-year median of 27.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSI Group Co stock overvalued right now?
TSI Group Co (SHSE:603262) has a current Altman Z-Score of 24.52. The current Altman Z-Score is 24.52, which is 10% below median its 10-year median of 27.31 and 757.3% above the Consumer Packaged Goods industry median of 2.86. TSI Group Co's overall GF Score™ is 19/100 with 3 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 TSI Group Co (SHSE:603262), the current Altman Z-Score is 24.52 as of Jul. 17, 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.

TSI Group Co Business Description

Address No. 1089, Qinzhou North Road, 5th Floor, Building 54, Xuhui District, Shanghai, CHN, 200233
TSI Group Co Ltd is An international enterprise group engaged in Research & Development, innovation and industrialization of dietary nutritional supplement products.
19GF Score

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

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