Brite Semiconductor (Shanghai) Co (SHSE:688691) Altman Z-Score: 20.89 (As of Jul. 12, 2026) — 42% Above Median


SHSE:688691 Brite Semiconductor (Shanghai) Co Ltd SHSE:688691
11 GF Score
Price ¥107.51
! 2 Warning Signs
View Full Analysis

What is Brite Semiconductor (Shanghai) Co Altman Z-Score?

Brite Semiconductor (Shanghai) Co SHSE:688691 -7.36% 11 Altman Z-Score is 20.89 as of Jul. 12, 2026, which is 42% above its 10-year median of 14.72. GuruFocus rates SHSE:688691 with a GF Score™ of 11/100. The stock has 2 warning signs investors should review. Among 1,016 Semiconductors companies, Brite Semiconductor (Shanghai) Co ranks better than 83.96% 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 20.89 is strong.

Brite Semiconductor (Shanghai) Co has a Altman Z-Score of 20.89, 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 Brite Semiconductor (Shanghai) Co's Altman Z-Score or its related term are showing as below:

SHSE:688691' s Altman Z-Score Range Over the Past 10 Years
Min: 10.86   Med: 14.72   Max: 20.89
Current: 20.89

During the past 7 years, Brite Semiconductor (Shanghai) Co's highest Altman Z-Score was 20.89. The lowest was 10.86. And the median was 14.72.


Brite Semiconductor (Shanghai) Co  (SHSE:688691) 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.


Brite Semiconductor (Shanghai) Co Altman Z-Score Related Terms


Brite Semiconductor (Shanghai) Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Brite Semiconductor (Shanghai) 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.

Brite Semiconductor (Shanghai) Co Altman Z-Score Chart

Brite Semiconductor (Shanghai) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 0.00 16.63 18.92

Brite Semiconductor (Shanghai) Co Quarterly Data
Dec19 Dec20 Dec21 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 12.81 10.90 18.37 18.92 17.43

SHSE:688691 vs NVDA, AVGO, MU: Altman Z-Score Comparison

For the Semiconductors subindustry, Brite Semiconductor (Shanghai) 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.


Brite Semiconductor (Shanghai) Co Altman Z-Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Brite Semiconductor (Shanghai) Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Brite Semiconductor (Shanghai) Co's Altman Z-Score falls into.


SHSE:688691
11GF Score
Brite Semiconductor (Shanghai) Co Ltd SHSE:688691
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Brite Semiconductor (Shanghai) 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.

Brite Semiconductor (Shanghai) 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*0.5633+1.4*0.0844+3.3*-0.0874+0.6*33.1911+1.0*0.4745
=20.89

* 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 ¥1,595.1 Mil.
Total Current Assets was ¥1,277.7 Mil.
Total Current Liabilities was ¥379.1 Mil.
Retained Earnings was ¥134.6 Mil.
Pre-Tax Income was -28.895 + -24.661 + -39.899 + -46.308 = ¥-139.8 Mil.
Interest Expense was -0.119 + -0.081 + -0.106 + -0.106 = ¥-0.4 Mil.
Revenue was 171.283 + 256.367 + 186.28 + 142.98 = ¥756.9 Mil.
Market Cap (Today) was ¥12,901.2 Mil.
Total Liabilities was ¥388.7 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
=(1277.681 - 379.137)/1595.081
=0.5633

X2=Retained Earnings/Total Assets
=134.568/1595.081
=0.0844

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-139.763 - -0.412)/1595.081
=-0.0874

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=12901.200/388.695
=33.1911

X5=Revenue/Total Assets
=756.91/1595.081
=0.4745

The zones of discrimination were as such:

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

Brite Semiconductor (Shanghai) Co has a Altman Z-Score of 20.89 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 20.89 mean?
Brite Semiconductor (Shanghai) Co (SHSE:688691) has a Altman Z-Score of 20.89 as of Jul. 12, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Brite Semiconductor (Shanghai) Co and its competitors. This is 42% above median its historical median of 14.72. Over the past decade, Brite Semiconductor (Shanghai) Co's Altman Z-Score has ranged from 10.86 to 20.89. According to the industry distribution chart, Brite Semiconductor (Shanghai) Co ranks #163 out of 1016 companies in the Semiconductors industry, placing it in the top 16%.
Is Brite Semiconductor (Shanghai) Co's Altman Z-Score too high?
Brite Semiconductor (Shanghai) Co's current Altman Z-Score of 20.89 is 42% above median its 10-year median of 14.72. Over the past 10 years, this metric has ranged from a low of 10.86 to a high of 20.89. The Semiconductors industry median Altman Z-Score is 5.40. Brite Semiconductor (Shanghai) Co's value of 20.89 is 286.9% above this industry median. Based on the distribution chart, Brite Semiconductor (Shanghai) Co ranks #163 out of 1016 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Brite Semiconductor (Shanghai) Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Brite Semiconductor (Shanghai) Co's Altman Z-Score compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Brite Semiconductor (Shanghai) Co ranks #163 out of 1016 companies for Altman Z-Score. This places Brite Semiconductor (Shanghai) Co in the top 16% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 5.40. Brite Semiconductor (Shanghai) Co's value of 20.89 is 286.9% above this benchmark. Historically, Brite Semiconductor (Shanghai) Co's own Altman Z-Score has ranged from 10.86 to 20.89 over the past decade. While the company's 10-year median is 14.72 vs. the industry median of 5.40, Brite Semiconductor (Shanghai) 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 5.40, 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. Brite Semiconductor (Shanghai) Co's current Altman Z-Score of 20.89 is 286.9% 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 Brite Semiconductor (Shanghai) Co and its competitors. For the Semiconductors industry, the median Altman Z-Score is 5.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brite Semiconductor (Shanghai) Co's current Altman Z-Score is 20.89, which is 42% above median its own 10-year median of 14.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brite Semiconductor (Shanghai) Co stock overvalued right now?
Brite Semiconductor (Shanghai) Co (SHSE:688691) has a current Altman Z-Score of 20.89. The current Altman Z-Score is 20.89, which is 42% above median its 10-year median of 14.72 and 286.9% above the Semiconductors industry median of 5.40. Brite Semiconductor (Shanghai) Co's overall GF Score™ is 11/100 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 Brite Semiconductor (Shanghai) Co (SHSE:688691), the current Altman Z-Score is 20.89 as of Jul. 12, 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.

Brite Semiconductor (Shanghai) Co Business Description

Address No. 1158 Zhangdong Road, 6th Floor, Building 2, Li De International, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 201203
Brite Semiconductor (Shanghai) Co Ltd is a custom ASIC and IP provider. It provides comprehensive silicon proven "You" IP portfolio and YouSiP (Silicon-Platform) solution. YouSiP solution provides a prototype design reference for system house and fabless to speed up the time-to-market.
11GF Score

Get the complete analysis for SHSE:688691

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

¥107.51
Price