Chongqing Genrix Biopharmaceutical Co (SHSE:688443) Altman Z-Score: 2.32 (As of Jul. 20, 2026) — 58% Below Median

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SHSE:688443 Chongqing Genrix Biopharmaceutical Co Ltd SHSE:688443
43 GF Score
Price ¥24.60
! 4 Warning Signs
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What is Chongqing Genrix Biopharmaceutical Co Altman Z-Score?

Chongqing Genrix Biopharmaceutical Co SHSE:688443 -0.93% 43 Altman Z-Score is 2.32 as of Jul. 20, 2026, which is 58% below its 10-year median of 5.56. GuruFocus rates SHSE:688443 with a GF Score™ of 43/100. The stock has 4 warning signs investors should review. Among 928 Biotechnology companies, Chongqing Genrix Biopharmaceutical Co ranks worse than 52.16% 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 2.2 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.

Chongqing Genrix Biopharmaceutical Co has a Altman Z-Score of 2.32, indicating it is in Grey Zones. This implies that Chongqing Genrix Biopharmaceutical 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 Chongqing Genrix Biopharmaceutical Co's Altman Z-Score or its related term are showing as below:

SHSE:688443' s Altman Z-Score Range Over the Past 10 Years
Min: 2.2   Med: 5.56   Max: 10.72
Current: 2.2

During the past 7 years, Chongqing Genrix Biopharmaceutical Co's highest Altman Z-Score was 10.72. The lowest was 2.20. And the median was 5.56.


Chongqing Genrix Biopharmaceutical Co  (SHSE:688443) 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.


Chongqing Genrix Biopharmaceutical Co Altman Z-Score Related Terms


Chongqing Genrix Biopharmaceutical Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Chongqing Genrix Biopharmaceutical 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.

Chongqing Genrix Biopharmaceutical Co Altman Z-Score Chart

Chongqing Genrix Biopharmaceutical Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 10.48 4.47 3.18

Chongqing Genrix Biopharmaceutical Co Quarterly Data
Dec20 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 4.63 3.64 4.42 3.18 2.47

SHSE:688443 vs VRTX, REGN, ALNY: Altman Z-Score Comparison

For the Biotechnology subindustry, Chongqing Genrix Biopharmaceutical 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.


Chongqing Genrix Biopharmaceutical Co Altman Z-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Chongqing Genrix Biopharmaceutical Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Chongqing Genrix Biopharmaceutical Co's Altman Z-Score falls into.


SHSE:688443
43GF Score
Chongqing Genrix Biopharmaceutical Co Ltd SHSE:688443
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Chongqing Genrix Biopharmaceutical 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.

Chongqing Genrix Biopharmaceutical 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*0.6404+1.4*-1.0416+3.3*-0.1786+0.6*5.8444+1.0*0.0933
=2.32

* 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 ¥2,978.8 Mil.
Total Current Assets was ¥2,411.8 Mil.
Total Current Liabilities was ¥504.2 Mil.
Retained Earnings was ¥-3,102.9 Mil.
Pre-Tax Income was -149.403 + -203.057 + -43.304 + -168.566 = ¥-564.3 Mil.
Interest Expense was -8.136 + -8.416 + -7.889 + -7.782 = ¥-32.2 Mil.
Revenue was 67.247 + 23.171 + 162.164 + 25.236 = ¥277.8 Mil.
Market Cap (Today) was ¥9,020.3 Mil.
Total Liabilities was ¥1,543.4 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
=(2411.817 - 504.249)/2978.788
=0.6404

X2=Retained Earnings/Total Assets
=-3102.851/2978.788
=-1.0416

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-564.33 - -32.223)/2978.788
=-0.1786

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=9020.328/1543.421
=5.8444

X5=Revenue/Total Assets
=277.818/2978.788
=0.0933

The zones of discrimination were as such:

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

Chongqing Genrix Biopharmaceutical Co has a Altman Z-Score of 2.32 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 2.32 mean?
Chongqing Genrix Biopharmaceutical Co (SHSE:688443) has a Altman Z-Score of 2.32 as of Jul. 20, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Chongqing Genrix Biopharmaceutical Co and its competitors. This is 58% below median its historical median of 5.56. Over the past decade, Chongqing Genrix Biopharmaceutical Co's Altman Z-Score has ranged from 2.20 to 10.72. According to the industry distribution chart, Chongqing Genrix Biopharmaceutical Co ranks #484 out of 928 companies in the Biotechnology industry, placing it in the top 52.2%.
Is Chongqing Genrix Biopharmaceutical Co's Altman Z-Score too high?
Chongqing Genrix Biopharmaceutical Co's current Altman Z-Score of 2.32 is 58% below median its 10-year median of 5.56. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 10.72. The Biotechnology industry median Altman Z-Score is 2.55. Chongqing Genrix Biopharmaceutical Co's value of 2.32 is 8.8% below this industry median. Based on the distribution chart, Chongqing Genrix Biopharmaceutical Co ranks #484 out of 928 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Chongqing Genrix Biopharmaceutical Co has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Chongqing Genrix Biopharmaceutical Co's Altman Z-Score compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Chongqing Genrix Biopharmaceutical Co ranks #484 out of 928 companies for Altman Z-Score. This places Chongqing Genrix Biopharmaceutical Co in the lower half of its industry. The industry median Altman Z-Score is 2.55. Chongqing Genrix Biopharmaceutical Co's value of 2.32 is 8.8% below this benchmark. Historically, Chongqing Genrix Biopharmaceutical Co's own Altman Z-Score has ranged from 2.20 to 10.72 over the past decade. While the company's 10-year median is 5.56 vs. the industry median of 2.55, Chongqing Genrix Biopharmaceutical 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 a Biotechnology company?
The median Altman Z-Score among Biotechnology companies is 2.55, 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. Chongqing Genrix Biopharmaceutical Co's current Altman Z-Score of 2.32 is 8.8% 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 Chongqing Genrix Biopharmaceutical Co and its competitors. For the Biotechnology industry, the median Altman Z-Score is 2.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Genrix Biopharmaceutical Co's current Altman Z-Score is 2.32, which is 58% below median its own 10-year median of 5.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Genrix Biopharmaceutical Co stock overvalued right now?
Chongqing Genrix Biopharmaceutical Co (SHSE:688443) has a current Altman Z-Score of 2.32. The current Altman Z-Score is 2.32, which is 58% below median its 10-year median of 5.56 and 8.8% below the Biotechnology industry median of 2.55. Chongqing Genrix Biopharmaceutical Co's overall GF Score™ is 43/100 with 4 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 Chongqing Genrix Biopharmaceutical Co (SHSE:688443), the current Altman Z-Score is 2.32 as of Jul. 20, 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.

Chongqing Genrix Biopharmaceutical Co Business Description

Address No. 699, Maliu Avenue, Area A, Building 2, International Bio City, Banan District, Chongqing, CHN, 401338
Chongqing Genrix Biopharmaceutical Co Ltd is a biopharmaceutical company engaged in the research & development, production and sales of antibody drugs. The company's pipeline includes product candidate that targets Autoimmune Diseases, Infectious Diseases, and Oncology.
43GF Score

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