Bozhon Precision Industry Technology Co (SHSE:688097) Altman Z-Score: 2.62 (As of Jul. 17, 2026) — 22% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SHSE:688097 Bozhon Precision Industry Technology Co Ltd SHSE:688097
81 GF Score
Price ¥45.01
GF Value ¥42.16
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Bozhon Precision Industry Technology Co Altman Z-Score?

Bozhon Precision Industry Technology Co SHSE:688097 -6.68% 81 Altman Z-Score is 2.62 as of Jul. 17, 2026, which is 22% below its 10-year median of 3.34. GuruFocus rates SHSE:688097 with a GF Score™ of 81/100 and a GF Value™ of ¥42.16 (Fairly Valued). The stock has 9 warning signs investors should review. Among 3,005 Industrial Products companies, Bozhon Precision Industry Technology Co ranks worse than 60.97% 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.

Warning Sign:

Altman Z-score of 2.62 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Bozhon Precision Industry Technology Co has a Altman Z-Score of 2.62, indicating it is in Grey Zones. This implies that Bozhon Precision Industry Technology Co is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Bozhon Precision Industry Technology Co's Altman Z-Score or its related term are showing as below:

SHSE:688097' s Altman Z-Score Range Over the Past 10 Years
Min: 2.46   Med: 3.34   Max: 4.93
Current: 2.62

During the past 10 years, Bozhon Precision Industry Technology Co's highest Altman Z-Score was 4.93. The lowest was 2.46. And the median was 3.34.


Bozhon Precision Industry Technology Co  (SHSE:688097) 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.


Bozhon Precision Industry Technology Co Altman Z-Score Related Terms


Bozhon Precision Industry Technology Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Bozhon Precision Industry Technology 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.

Bozhon Precision Industry Technology Co Altman Z-Score Chart

Bozhon Precision Industry Technology 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 4.93 3.55 4.12 3.09 2.62

Bozhon Precision Industry Technology 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 3.06 2.46 2.59 2.62 2.85

SHSE:688097 vs GEV, ETN, PH: Altman Z-Score Comparison

For the Specialty Industrial Machinery subindustry, Bozhon Precision Industry 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.


Bozhon Precision Industry Technology Co Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bozhon Precision Industry Technology Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Bozhon Precision Industry Technology Co's Altman Z-Score falls into.


SHSE:688097
81GF Score
Bozhon Precision Industry Technology Co Ltd SHSE:688097
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bozhon Precision Industry 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.

Bozhon Precision Industry Technology 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*0.3113+1.4*0.1774+3.3*0.0518+0.6*2.191+1.0*0.5157
=2.62

* 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 ¥14,173 Mil.
Total Current Assets was ¥11,447 Mil.
Total Current Liabilities was ¥7,035 Mil.
Retained Earnings was ¥2,515 Mil.
Pre-Tax Income was 25.516 + 283.779 + 179.907 + 186.37 = ¥676 Mil.
Interest Expense was -20.106 + -10.052 + -16.085 + -12.343 = ¥-59 Mil.
Revenue was 1480.673 + 2912.596 + 1776.585 + 1139.467 = ¥7,309 Mil.
Market Cap (Today) was ¥20,104 Mil.
Total Liabilities was ¥9,176 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
=(11446.876 - 7035.281)/14172.51
=0.3113

X2=Retained Earnings/Total Assets
=2514.788/14172.51
=0.1774

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(675.572 - -58.586)/14172.51
=0.0518

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=20103.616/9175.561
=2.191

X5=Revenue/Total Assets
=7309.321/14172.51
=0.5157

The zones of discrimination were as such:

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

Bozhon Precision Industry Technology Co has a Altman Z-Score of 2.62 indicating it is in Grey 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 2.62 mean?
Bozhon Precision Industry Technology Co (SHSE:688097) has a Altman Z-Score of 2.62 as of Jul. 17, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Bozhon Precision Industry Technology Co and its competitors. This is 22% below median its historical median of 3.34. Over the past decade, Bozhon Precision Industry Technology Co's Altman Z-Score has ranged from 2.46 to 4.93. According to the industry distribution chart, Bozhon Precision Industry Technology Co ranks #1832 out of 3005 companies in the Industrial Products industry, placing it in the top 61%.
Is Bozhon Precision Industry Technology Co's Altman Z-Score too high?
Bozhon Precision Industry Technology Co's current Altman Z-Score of 2.62 is 22% below median its 10-year median of 3.34. Over the past 10 years, this metric has ranged from a low of 2.46 to a high of 4.93. The Industrial Products industry median Altman Z-Score is 3.32. Bozhon Precision Industry Technology Co's value of 2.62 is 21.1% below this industry median. Based on the distribution chart, Bozhon Precision Industry Technology Co ranks #1832 out of 3005 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Bozhon Precision Industry Technology Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bozhon Precision Industry Technology Co's Altman Z-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Bozhon Precision Industry Technology Co ranks #1832 out of 3005 companies for Altman Z-Score. This places Bozhon Precision Industry Technology Co in the lower half of its industry. The industry median Altman Z-Score is 3.32. Bozhon Precision Industry Technology Co's value of 2.62 is 21.1% below this benchmark. Historically, Bozhon Precision Industry Technology Co's own Altman Z-Score has ranged from 2.46 to 4.93 over the past decade. While the company's 10-year median is 3.34 vs. the industry median of 3.32, Bozhon Precision Industry Technology Co has consistently been below 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.32, based on 3,005 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. Bozhon Precision Industry Technology Co's current Altman Z-Score of 2.62 is 21.1% below 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 Bozhon Precision Industry Technology Co and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bozhon Precision Industry Technology Co's current Altman Z-Score is 2.62, which is 22% below median its own 10-year median of 3.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bozhon Precision Industry Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Bozhon Precision Industry Technology Co (SHSE:688097) is currently considered Fairly Valued. The stock's GF Value™ is ¥42.16, compared to a current price of ¥45.01 — trading 6.8% above its estimated fair value. The current Altman Z-Score is 2.62, which is 22% below median its 10-year median of 3.34 and 21.1% below the Industrial Products industry median of 3.32. Bozhon Precision Industry Technology Co's overall GF Score™ is 81/100 with 9 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 Bozhon Precision Industry Technology Co (SHSE:688097), the current Altman Z-Score is 2.62 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.

Is Bozhon Precision Industry Technology Co (SHSE:688097) Overvalued in 2026?

Based on GuruFocus' analysis, Bozhon Precision Industry Technology Co stock appears to be overvalued. The current stock price of ¥45.01 is trading 6.8% above its estimated GF Value™ of ¥42.16. GuruFocus considers Bozhon Precision Industry Technology Co to be Fairly Valued.

Key valuation signals for SHSE:688097:

  • Altman Z-Score: 2.62 (22% below median its 10-year median of 3.34)
  • GF Value™: ¥42.16 vs. price of ¥45.01 (6.8% above fair value)
  • GF Score™: 81/100 with 9 warning signs
  • Industry Position: 21.1% below the Industrial Products median (#1832 of 3005)

No single metric tells the full story. See the SHSE:688097 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bozhon Precision Industry Technology Co Business Description

Address No. 666, Huxin West Road, Wujiang Economic and Technological Development Zone, Jiangsu Province, Suzhou, CHN, 215222
Bozhon Precision Industry Technology Co Ltd is engaged in the research and development, design, production, sales and technical services of automation equipment, automated flexible production lines, automated key components, and tooling tools.
81GF Score

Get the complete analysis for SHSE:688097

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

¥45.01
Price
¥42.16
GF Value