Wuxi NCE Power Co (SHSE:605111) Altman Z-Score: 26.06 (As of Jul. 22, 2026) — 21% Above Median

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SHSE:605111 Wuxi NCE Power Co Ltd SHSE:605111
84 GF Score
Price ¥56.10
GF Value ¥38.83
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Wuxi NCE Power Co Altman Z-Score?

Wuxi NCE Power Co SHSE:605111 +4.18% 84 Altman Z-Score is 26.06 as of Jul. 22, 2026, which is 21% above its 10-year median of 21.61. GuruFocus rates SHSE:605111 with a GF Score™ of 84/100 and a GF Value™ of ¥38.83 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,016 Semiconductors companies, Wuxi NCE Power Co ranks better than 87.8% 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 24.99 is strong.

Wuxi NCE Power Co has a Altman Z-Score of 26.06, 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 Wuxi NCE Power Co's Altman Z-Score or its related term are showing as below:

SHSE:605111' s Altman Z-Score Range Over the Past 10 Years
Min: 11.66   Med: 21.61   Max: 58.14
Current: 24.99

During the past 12 years, Wuxi NCE Power Co's highest Altman Z-Score was 58.14. The lowest was 11.66. And the median was 21.61.


Wuxi NCE Power Co  (SHSE:605111) 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.


Wuxi NCE Power Co Altman Z-Score Related Terms


Wuxi NCE Power Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Wuxi NCE Power 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.

Wuxi NCE Power Co Altman Z-Score Chart

Wuxi NCE Power Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.57 20.58 12.97 20.26 21.23

Wuxi NCE Power Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only 21.71 19.64 22.02 21.23 17.68

SHSE:605111 vs AMAT, LRCX, KLAC: Altman Z-Score Comparison

For the Semiconductor Equipment & Materials subindustry, Wuxi NCE Power 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.


Wuxi NCE Power Co Altman Z-Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Wuxi NCE Power Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Wuxi NCE Power Co's Altman Z-Score falls into.


SHSE:605111
84GF Score
Wuxi NCE Power Co Ltd SHSE:605111
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wuxi NCE Power 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.

Wuxi NCE Power 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*0.7183+1.4*0.3853+3.3*0.0863+0.6*39.9812+1.0*0.3883
=26.06

* 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 ¥5,009 Mil.
Total Current Assets was ¥4,086 Mil.
Total Current Liabilities was ¥488 Mil.
Retained Earnings was ¥1,930 Mil.
Pre-Tax Income was 108.47 + 62.094 + 112.474 + 146.217 = ¥429 Mil.
Interest Expense was -1.75 + 0 + -1.368 + 0 = ¥-3 Mil.
Revenue was 517.042 + 491.705 + 455.661 + 480.663 = ¥1,945 Mil.
Market Cap (Today) was ¥23,300 Mil.
Total Liabilities was ¥583 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
=(4086.106 - 488.251)/5008.58
=0.7183

X2=Retained Earnings/Total Assets
=1929.726/5008.58
=0.3853

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(429.255 - -3.118)/5008.58
=0.0863

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=23300.157/582.778
=39.9812

X5=Revenue/Total Assets
=1945.071/5008.58
=0.3883

The zones of discrimination were as such:

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

Wuxi NCE Power Co has a Altman Z-Score of 26.06 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 26.06 mean?
Wuxi NCE Power Co (SHSE:605111) has a Altman Z-Score of 26.06 as of Jul. 22, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Wuxi NCE Power Co and its competitors. This is 21% above median its historical median of 21.61. Over the past decade, Wuxi NCE Power Co's Altman Z-Score has ranged from 11.66 to 58.14. According to the industry distribution chart, Wuxi NCE Power Co ranks #124 out of 1016 companies in the Semiconductors industry, placing it in the top 12.2%.
Is Wuxi NCE Power Co's Altman Z-Score too high?
Wuxi NCE Power Co's current Altman Z-Score of 26.06 is 21% above median its 10-year median of 21.61. Over the past 10 years, this metric has ranged from a low of 11.66 to a high of 58.14. The Semiconductors industry median Altman Z-Score is 4.96. Wuxi NCE Power Co's value of 26.06 is 425.9% above this industry median. Based on the distribution chart, Wuxi NCE Power Co ranks #124 out of 1016 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Wuxi NCE Power Co has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wuxi NCE Power Co's Altman Z-Score compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Wuxi NCE Power Co ranks #124 out of 1016 companies for Altman Z-Score. This places Wuxi NCE Power Co in the top 12% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 4.96. Wuxi NCE Power Co's value of 26.06 is 425.9% above this benchmark. Historically, Wuxi NCE Power Co's own Altman Z-Score has ranged from 11.66 to 58.14 over the past decade. While the company's 10-year median is 21.61 vs. the industry median of 4.96, Wuxi NCE Power 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 Semiconductors company?
The median Altman Z-Score among Semiconductors companies is 4.96, based on 1,016 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. Wuxi NCE Power Co's current Altman Z-Score of 26.06 is 425.9% 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 Wuxi NCE Power Co and its competitors. For the Semiconductors industry, the median Altman Z-Score is 4.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wuxi NCE Power Co's current Altman Z-Score is 26.06, which is 21% above median its own 10-year median of 21.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wuxi NCE Power Co stock overvalued right now?
Based on GuruFocus' analysis, Wuxi NCE Power Co (SHSE:605111) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥38.83, compared to a current price of ¥56.10 — trading 44.5% above its estimated fair value. The current Altman Z-Score is 26.06, which is 21% above median its 10-year median of 21.61 and 425.9% above the Semiconductors industry median of 4.96. Wuxi NCE Power Co's overall GF Score™ is 84/100 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 Wuxi NCE Power Co (SHSE:605111), the current Altman Z-Score is 26.06 as of Jul. 22, 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 Wuxi NCE Power Co (SHSE:605111) Overvalued in 2026?

Based on GuruFocus' analysis, Wuxi NCE Power Co stock appears to be overvalued. The current stock price of ¥56.10 is trading 44.5% above its estimated GF Value™ of ¥38.83. GuruFocus considers Wuxi NCE Power Co to be Significantly Overvalued.

Key valuation signals for SHSE:605111:

  • Altman Z-Score: 26.06 (21% above median its 10-year median of 21.61)
  • GF Value™: ¥38.83 vs. price of ¥56.10 (44.5% above fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 425.9% above the Semiconductors median (#124 of 1016)

No single metric tells the full story. See the SHSE:605111 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wuxi NCE Power Co Business Description

Address Extension of Xinda Road, Singapore Industrial Park, Xinwu District, Jiangsu Province (east side of the road), Wuxi, CHN, 214000
Wuxi NCE Power Co Ltd is engaged in design and sales of MOSFET, IGBT and other semiconductor chips and power devices. The company provides 12V~200V Trench MOSFET (N channel and P channel), 30V~300V Super Trench MOSFET (N channel and P channel), 500V~900V Super Junction MOSFET and 600V~1350V Insulated Gate Bipolar Transistor (IGBT). Its products are widely applied in numerous fields, like automotive electronics, motor driver, household appliances, consumer electronics, LED lighting, security, electric motorcycle, network communication equipment, among others.
84GF Score

Get the complete analysis for SHSE:605111

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

¥56.10
Price
¥38.83
GF Value