Xiamen Amoytop Biotech Co (SHSE:688278) Altman Z-Score: 20.90 (As of Jul. 27, 2026) — 39% Below Median

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SHSE:688278 Xiamen Amoytop Biotech Co Ltd SHSE:688278
75 GF Score
Price ¥60.63
GF Value ¥106.91
Valuation Possible Value Trap
! 1 Warning Sign
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What is Xiamen Amoytop Biotech Co Altman Z-Score?

Xiamen Amoytop Biotech Co SHSE:688278 +2.94% 75 Altman Z-Score is 20.90 as of Jul. 27, 2026, which is 39% below its 10-year median of 34.04. GuruFocus rates SHSE:688278 with a GF Score™ of 75/100 and a GF Value™ of ¥106.91 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 928 Biotechnology companies, Xiamen Amoytop Biotech Co ranks better than 88.9% 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 20.39 is strong.

Xiamen Amoytop Biotech Co has a Altman Z-Score of 20.90, 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 Xiamen Amoytop Biotech Co's Altman Z-Score or its related term are showing as below:

SHSE:688278' s Altman Z-Score Range Over the Past 10 Years
Min: 20.39   Med: 34.04   Max: 87.71
Current: 20.39

During the past 10 years, Xiamen Amoytop Biotech Co's highest Altman Z-Score was 87.71. The lowest was 20.39. And the median was 34.04.


Xiamen Amoytop Biotech Co  (SHSE:688278) 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.


Xiamen Amoytop Biotech Co Altman Z-Score Related Terms


Xiamen Amoytop Biotech Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Xiamen Amoytop Biotech 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.

Xiamen Amoytop Biotech Co Altman Z-Score Chart

Xiamen Amoytop Biotech 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 29.34 28.64 29.47 39.22 25.21

Xiamen Amoytop Biotech 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 47.60 42.14 29.51 25.21 22.12

SHSE:688278 vs VRTX, REGN, RVMD: Altman Z-Score Comparison

For the Biotechnology subindustry, Xiamen Amoytop Biotech 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.


Xiamen Amoytop Biotech Co Altman Z-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Xiamen Amoytop Biotech Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Xiamen Amoytop Biotech Co's Altman Z-Score falls into.


SHSE:688278
75GF Score
Xiamen Amoytop Biotech Co Ltd SHSE:688278
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Xiamen Amoytop Biotech 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.

Xiamen Amoytop Biotech 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*0.4938+1.4*0.5537+3.3*0.257+0.6*29.7093+1.0*0.8559
=20.90

* 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 ¥4,463 Mil.
Total Current Assets was ¥2,785 Mil.
Total Current Liabilities was ¥581 Mil.
Retained Earnings was ¥2,471 Mil.
Pre-Tax Income was 179.04 + 444.377 + 254.726 + 267.056 = ¥1,145 Mil.
Interest Expense was -0.687 + -0.66 + -0.384 + -0.262 = ¥-2 Mil.
Revenue was 797.791 + 1216.02 + 968.933 + 837.27 = ¥3,820 Mil.
Market Cap (Today) was ¥24,749 Mil.
Total Liabilities was ¥833 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
=(2785.239 - 581.301)/4463.409
=0.4938

X2=Retained Earnings/Total Assets
=2471.455/4463.409
=0.5537

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1145.199 - -1.993)/4463.409
=0.257

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=24748.528/833.023
=29.7093

X5=Revenue/Total Assets
=3820.014/4463.409
=0.8559

The zones of discrimination were as such:

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

Xiamen Amoytop Biotech Co has a Altman Z-Score of 20.90 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 20.90 mean?
Xiamen Amoytop Biotech Co (SHSE:688278) has a Altman Z-Score of 20.90 as of Jul. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Xiamen Amoytop Biotech Co and its competitors. This is 39% below median its historical median of 34.04. Over the past decade, Xiamen Amoytop Biotech Co's Altman Z-Score has ranged from 20.39 to 87.71. According to the industry distribution chart, Xiamen Amoytop Biotech Co ranks #103 out of 928 companies in the Biotechnology industry, placing it in the top 11.1%.
Is Xiamen Amoytop Biotech Co's Altman Z-Score too high?
Xiamen Amoytop Biotech Co's current Altman Z-Score of 20.90 is 39% below median its 10-year median of 34.04. Over the past 10 years, this metric has ranged from a low of 20.39 to a high of 87.71. The Biotechnology industry median Altman Z-Score is 2.43. Xiamen Amoytop Biotech Co's value of 20.90 is 761.9% above this industry median. Based on the distribution chart, Xiamen Amoytop Biotech Co ranks #103 out of 928 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Xiamen Amoytop Biotech Co has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Xiamen Amoytop Biotech Co's Altman Z-Score compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Xiamen Amoytop Biotech Co ranks #103 out of 928 companies for Altman Z-Score. This places Xiamen Amoytop Biotech Co in the top 11% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.43. Xiamen Amoytop Biotech Co's value of 20.90 is 761.9% above this benchmark. Historically, Xiamen Amoytop Biotech Co's own Altman Z-Score has ranged from 20.39 to 87.71 over the past decade. While the company's 10-year median is 34.04 vs. the industry median of 2.43, Xiamen Amoytop Biotech 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 Biotechnology company?
The median Altman Z-Score among Biotechnology companies is 2.43, based on 928 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. Xiamen Amoytop Biotech Co's current Altman Z-Score of 20.90 is 761.9% 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 Xiamen Amoytop Biotech Co and its competitors. For the Biotechnology industry, the median Altman Z-Score is 2.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xiamen Amoytop Biotech Co's current Altman Z-Score is 20.90, which is 39% below median its own 10-year median of 34.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xiamen Amoytop Biotech Co stock overvalued right now?
Based on GuruFocus' analysis, Xiamen Amoytop Biotech Co (SHSE:688278) is currently considered Possible Value Trap. The stock's GF Value™ is ¥106.91, compared to a current price of ¥60.63 — trading 43.3% below its estimated fair value. The current Altman Z-Score is 20.90, which is 39% below median its 10-year median of 34.04 and 761.9% above the Biotechnology industry median of 2.43. Xiamen Amoytop Biotech Co's overall GF Score™ is 75/100 with 1 warning sign 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 Xiamen Amoytop Biotech Co (SHSE:688278), the current Altman Z-Score is 20.90 as of Jul. 27, 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 Xiamen Amoytop Biotech Co (SHSE:688278) Overvalued in 2026?

Based on GuruFocus' analysis, Xiamen Amoytop Biotech Co stock appears to be undervalued. The current stock price of ¥60.63 is trading 43.3% below its estimated GF Value™ of ¥106.91. GuruFocus considers Xiamen Amoytop Biotech Co to be Possible Value Trap.

Key valuation signals for SHSE:688278:

  • Altman Z-Score: 20.90 (39% below median its 10-year median of 34.04)
  • GF Value™: ¥106.91 vs. price of ¥60.63 (43.3% below fair value)
  • GF Score™: 75/100 with 1 warning sign
  • Industry Position: 761.9% above the Biotechnology median (#103 of 928)

No single metric tells the full story. See the SHSE:688278 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xiamen Amoytop Biotech Co Business Description

Address No.330 Wengjiao Road, Xinyang Industry Zone of Haicang, Fujian, Xiamen, CHN, 361022
Xiamen Amoytop Biotech Co Ltd operates as a drug development company. The Company develops and sells protein drugs, interferon drugs, and other products.
75GF Score

Get the complete analysis for SHSE:688278

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

¥60.63
Price
¥106.91
GF Value