Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Zhejiang Huasheng Technology CoSHSE:605180 -2.00%71 Altman Z-Score is 10.57 as of Jul. 21, 2026, which is 72% below its 10-year median of 37.53. GuruFocus rates SHSE:605180 with a GF Score™ of 71/100 and a GF Value™ of ¥17.88 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,032 Manufacturing - Apparel & Accessories companies, Zhejiang Huasheng Technology Co ranks better than 95.06% 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 11.4 is strong.
Zhejiang Huasheng Technology Co has a Altman Z-Score of 10.57, 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 Zhejiang Huasheng Technology Co's Altman Z-Score or its related term are showing as below:
SHSE:605180'
s Altman Z-Score Range Over the Past 10 Years
Min: 11.4 Med: 37.53 Max: 81.27
Current: 11.4
During the past 10 years, Zhejiang Huasheng Technology Co's highest Altman Z-Score was 81.27. The lowest was 11.40. And the median was 37.53.
Zhejiang Huasheng Technology Co (SHSE:605180) 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.
Zhejiang Huasheng Technology Co Altman Z-Score Chart
Zhejiang Huasheng Technology Co Altman Z-Score Competitor Comparison
For the Textile Manufacturing subindustry, Zhejiang Huasheng Technology 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.
Zhejiang Huasheng Technology Co Altman Z-Score vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Huasheng Technology Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Zhejiang Huasheng Technology Co's Altman Z-Score falls into.
Zhejiang Huasheng Technology 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.
Zhejiang Huasheng Technology Co (SHSE:605180) has a Altman Z-Score of 10.57 as of Jul. 21, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Zhejiang Huasheng Technology Co and its competitors. This is 72% below median its historical median of 37.53. Over the past decade, Zhejiang Huasheng Technology Co's Altman Z-Score has ranged from 11.40 to 81.27. According to the industry distribution chart, Zhejiang Huasheng Technology Co ranks #51 out of 1032 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 4.9%.
Is Zhejiang Huasheng Technology Co's Altman Z-Score too high?
Zhejiang Huasheng Technology Co's current Altman Z-Score of 10.57 is 72% below median its 10-year median of 37.53. Over the past 10 years, this metric has ranged from a low of 11.40 to a high of 81.27. The Manufacturing - Apparel & Accessories industry median Altman Z-Score is 2.48. Zhejiang Huasheng Technology Co's value of 10.57 is 326.2% above this industry median. Based on the distribution chart, Zhejiang Huasheng Technology Co ranks #51 out of 1032 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Huasheng Technology Co has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Huasheng Technology Co's Altman Z-Score compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zhejiang Huasheng Technology Co ranks #51 out of 1032 companies for Altman Z-Score. This places Zhejiang Huasheng Technology Co in the top 5% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.48. Zhejiang Huasheng Technology Co's value of 10.57 is 326.2% above this benchmark. Historically, Zhejiang Huasheng Technology Co's own Altman Z-Score has ranged from 11.40 to 81.27 over the past decade. While the company's 10-year median is 37.53 vs. the industry median of 2.48, Zhejiang Huasheng Technology 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 Manufacturing - Apparel & Accessories company?
The median Altman Z-Score among Manufacturing - Apparel & Accessories companies is 2.48, based on 1,032 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. Zhejiang Huasheng Technology Co's current Altman Z-Score of 10.57 is 326.2% 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 Zhejiang Huasheng Technology Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Altman Z-Score is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Huasheng Technology Co's current Altman Z-Score is 10.57, which is 72% below median its own 10-year median of 37.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Huasheng Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Huasheng Technology Co (SHSE:605180) is currently considered Possible Value Trap. The stock's GF Value™ is ¥17.88, compared to a current price of ¥10.28 — trading 42.5% below its estimated fair value. The current Altman Z-Score is 10.57, which is 72% below median its 10-year median of 37.53 and 326.2% above the Manufacturing - Apparel & Accessories industry median of 2.48. Zhejiang Huasheng Technology Co's overall GF Score™ is 71/100 with 7 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 Zhejiang Huasheng Technology Co (SHSE:605180), the current Altman Z-Score is 10.57 as of Jul. 21, 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 Zhejiang Huasheng Technology Co (SHSE:605180) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Huasheng Technology Co stock appears to be undervalued.
The current stock price of ¥10.28 is trading 42.5% below its estimated GF Value™ of ¥17.88.
GuruFocus considers Zhejiang Huasheng Technology Co to be Possible Value Trap.
Key valuation signals for SHSE:605180:
Altman Z-Score: 10.57 (72% below median its 10-year median of 37.53)
GF Value™: ¥17.88 vs. price of ¥10.28 (42.5% below fair value)
Industry Position: 326.2% above the Manufacturing - Apparel & Accessories median (#51 of 1032)
No single metric tells the full story. See the SHSE:605180 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Huasheng Technology Co Business Description
Zhejiang Huasheng Technology Co Ltd is engaged in the research and development, production, and sales of plastic composite materials. The company's main products are airtight materials and flexible materials. Among them, airtight materials include brushed air cushion materials and inflatable yacht materials, which are mainly used in sports and leisure fields such as paddle boards, gymnastics mats, and inflatable yachts; flexible materials include canopy materials and light box advertising materials, which are mainly used in transportation, logistics and planes, advertising, and other fields.
71GF Score
Get the complete analysis for SHSE:605180
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:605180 has been successfully added to your 
