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Changyu Holding Group CoSHSE:603407 +6.61%18 Altman Z-Score is 42.91 as of Sep. 16, 2026, which is 20% below its 10-year median of 53.70. GuruFocus rates SHSE:603407 with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,584 Chemicals companies, Changyu Holding Group Co ranks better than 96.97% 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.
Good Sign:
Altman Z-score of 27.36 is strong.
Changyu Holding Group Co has a Altman Z-Score of 42.91, 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 Changyu Holding Group Co's Altman Z-Score or its related term are showing as below:
SHSE:603407'
s Altman Z-Score Range Over the Past 10 Years
Min: 27.36 Med: 53.7 Max: 53.7
Current: 27.36
During the past 4 years, Changyu Holding Group Co's highest Altman Z-Score was 53.70. The lowest was 27.36. And the median was 53.70.
Changyu Holding Group Co (SHSE:603407) 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.
Changyu Holding Group Co Altman Z-Score Chart
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SHSE:603407 vs LIN, SHW, ECL: Altman Z-Score Comparison
For the Specialty Chemicals subindustry, Changyu Holding 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.
Changyu Holding Group Co Altman Z-Score vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Changyu Holding Group Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Changyu Holding Group Co's Altman Z-Score falls into.
Changyu Holding 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.
* 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.
Changyu Holding Group Co (SHSE:603407) has a Altman Z-Score of 42.91 as of Sep. 16, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Changyu Holding Group Co and its competitors. This is 20% below median its historical median of 53.70. Over the past decade, Changyu Holding Group Co's Altman Z-Score has ranged from 27.36 to 53.70. According to the industry distribution chart, Changyu Holding Group Co ranks #48 out of 1584 companies in the Chemicals industry, placing it in the top 3%.
Is Changyu Holding Group Co's Altman Z-Score too high?
Changyu Holding Group Co's current Altman Z-Score of 42.91 is 20% below median its 10-year median of 53.70. Over the past 10 years, this metric has ranged from a low of 27.36 to a high of 53.70. The Chemicals industry median Altman Z-Score is 3.18. Changyu Holding Group Co's value of 42.91 is 1249.4% above this industry median. Based on the distribution chart, Changyu Holding Group Co ranks #48 out of 1584 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Changyu Holding Group Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Changyu Holding Group Co's Altman Z-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, Changyu Holding Group Co ranks #48 out of 1584 companies for Altman Z-Score. This places Changyu Holding Group Co in the top 3% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.18. Changyu Holding Group Co's value of 42.91 is 1249.4% above this benchmark. Historically, Changyu Holding Group Co's own Altman Z-Score has ranged from 27.36 to 53.70 over the past decade. While the company's 10-year median is 53.70 vs. the industry median of 3.18, Changyu Holding 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 Chemicals company?
The median Altman Z-Score among Chemicals companies is 3.18, based on 1,584 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. Changyu Holding Group Co's current Altman Z-Score of 42.91 is 1249.4% 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 Changyu Holding Group Co and its competitors. For the Chemicals industry, the median Altman Z-Score is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changyu Holding Group Co's current Altman Z-Score is 42.91, which is 20% below median its own 10-year median of 53.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changyu Holding Group Co stock overvalued right now?
Changyu Holding Group Co (SHSE:603407) has a current Altman Z-Score of 42.91. The current Altman Z-Score is 42.91, which is 20% below median its 10-year median of 53.70 and 1249.4% above the Chemicals industry median of 3.18. Changyu Holding Group Co's overall GF Score™ is 18/100 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 Changyu Holding Group Co (SHSE:603407), the current Altman Z-Score is 42.91 as of Sep. 16, 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.
Changyu Holding Group Co Ltd is engaged in the research, development, production, and sale of zirconium products, specialty nylon products, and fine chemical products. Its main products include zirconium oxide, zirconium oxychloride, nano-zirconia powder materials, long-chain specialty nylon materials, long-chain dicarboxylic acids, and long-chain diols, which are used in the automotive, home appliance, communications, smart wearable, high-performance ceramics, and medical and pharmaceutical industries. It exports its products to Europe, the United States, Japan, South Korea, India, Southeast Asia, and other countries and regions.
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