Chengdu Jiachi Electronic Technology Co (SHSE:688708) Altman Z-Score: 27.29 (As of Jul. 14, 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:688708 Chengdu Jiachi Electronic Technology Co Ltd SHSE:688708
45 GF Score
Price ¥46.75
! 7 Warning Signs
View Full Analysis

What is Chengdu Jiachi Electronic Technology Co Altman Z-Score?

Chengdu Jiachi Electronic Technology Co SHSE:688708 -0.51% 45 Altman Z-Score is 27.29 as of Jul. 14, 2026, which is 22% below its 10-year median of 34.80. GuruFocus rates SHSE:688708 with a GF Score™ of 45/100. The stock has 7 warning signs investors should review. Among 1,562 Chemicals companies, Chengdu Jiachi Electronic Technology Co ranks better than 97.06% 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 29.14 is strong.

Chengdu Jiachi Electronic Technology Co has a Altman Z-Score of 27.29, 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 Chengdu Jiachi Electronic Technology Co's Altman Z-Score or its related term are showing as below:

SHSE:688708' s Altman Z-Score Range Over the Past 10 Years
Min: 29.14   Med: 34.8   Max: 41.88
Current: 29.14

During the past 7 years, Chengdu Jiachi Electronic Technology Co's highest Altman Z-Score was 41.88. The lowest was 29.14. And the median was 34.80.


Chengdu Jiachi Electronic Technology Co  (SHSE:688708) 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.


Chengdu Jiachi Electronic Technology Co Altman Z-Score Related Terms


Chengdu Jiachi Electronic Technology Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Chengdu Jiachi Electronic 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.

Chengdu Jiachi Electronic Technology Co Altman Z-Score Chart

Chengdu Jiachi Electronic Technology 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 35.77 31.26

Chengdu Jiachi Electronic Technology Co Quarterly Data
Dec19 Dec20 Dec21 Mar22 Dec22 Mar23 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 41.88 33.82 36.48 31.26 30.41

SHSE:688708 vs LIN, SHW, ECL: Altman Z-Score Comparison

For the Specialty Chemicals subindustry, Chengdu Jiachi Electronic 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.


Chengdu Jiachi Electronic Technology Co Altman Z-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chengdu Jiachi Electronic Technology Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Chengdu Jiachi Electronic Technology Co's Altman Z-Score falls into.


SHSE:688708
45GF Score
Chengdu Jiachi Electronic Technology Co Ltd SHSE:688708
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chengdu Jiachi Electronic 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.

Chengdu Jiachi Electronic 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*0.5042+1.4*0.4498+3.3*0.124+0.6*42.2753+1.0*0.2824
=27.29

* 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 ¥3,976 Mil.
Total Current Assets was ¥2,417 Mil.
Total Current Liabilities was ¥412 Mil.
Retained Earnings was ¥1,788 Mil.
Pre-Tax Income was 28.78 + 216.098 + 151.753 + 96.559 = ¥493 Mil.
Interest Expense was -0.001 + -0.012 + -0.014 + 0 = ¥-0 Mil.
Revenue was 81.064 + 487.843 + 340.791 + 213.23 = ¥1,123 Mil.
Market Cap (Today) was ¥18,722 Mil.
Total Liabilities was ¥443 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
=(2417.034 - 412.12)/3976.128
=0.5042

X2=Retained Earnings/Total Assets
=1788.375/3976.128
=0.4498

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(493.19 - -0.027)/3976.128
=0.124

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=18722.328/442.867
=42.2753

X5=Revenue/Total Assets
=1122.928/3976.128
=0.2824

The zones of discrimination were as such:

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

Chengdu Jiachi Electronic Technology Co has a Altman Z-Score of 27.29 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 27.29 mean?
Chengdu Jiachi Electronic Technology Co (SHSE:688708) has a Altman Z-Score of 27.29 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Chengdu Jiachi Electronic Technology Co and its competitors. This is 22% below median its historical median of 34.80. Over the past decade, Chengdu Jiachi Electronic Technology Co's Altman Z-Score has ranged from 29.14 to 41.88. According to the industry distribution chart, Chengdu Jiachi Electronic Technology Co ranks #46 out of 1562 companies in the Chemicals industry, placing it in the top 2.9%.
Is Chengdu Jiachi Electronic Technology Co's Altman Z-Score too high?
Chengdu Jiachi Electronic Technology Co's current Altman Z-Score of 27.29 is 22% below median its 10-year median of 34.80. Over the past 10 years, this metric has ranged from a low of 29.14 to a high of 41.88. The Chemicals industry median Altman Z-Score is 3.14. Chengdu Jiachi Electronic Technology Co's value of 27.29 is 769.1% above this industry median. Based on the distribution chart, Chengdu Jiachi Electronic Technology Co ranks #46 out of 1562 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Chengdu Jiachi Electronic Technology Co has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Chengdu Jiachi Electronic Technology Co's Altman Z-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, Chengdu Jiachi Electronic Technology Co ranks #46 out of 1562 companies for Altman Z-Score. This places Chengdu Jiachi Electronic Technology Co in the top 3% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.14. Chengdu Jiachi Electronic Technology Co's value of 27.29 is 769.1% above this benchmark. Historically, Chengdu Jiachi Electronic Technology Co's own Altman Z-Score has ranged from 29.14 to 41.88 over the past decade. While the company's 10-year median is 34.80 vs. the industry median of 3.14, Chengdu Jiachi Electronic 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 Chemicals company?
The median Altman Z-Score among Chemicals companies is 3.14, based on 1,562 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. Chengdu Jiachi Electronic Technology Co's current Altman Z-Score of 27.29 is 769.1% 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 Chengdu Jiachi Electronic Technology Co and its competitors. For the Chemicals industry, the median Altman Z-Score is 3.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chengdu Jiachi Electronic Technology Co's current Altman Z-Score is 27.29, which is 22% below median its own 10-year median of 34.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chengdu Jiachi Electronic Technology Co stock overvalued right now?
Chengdu Jiachi Electronic Technology Co (SHSE:688708) has a current Altman Z-Score of 27.29. The current Altman Z-Score is 27.29, which is 22% below median its 10-year median of 34.80 and 769.1% above the Chemicals industry median of 3.14. Chengdu Jiachi Electronic Technology Co's overall GF Score™ is 45/100 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 Chengdu Jiachi Electronic Technology Co (SHSE:688708), the current Altman Z-Score is 27.29 as of Jul. 14, 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.

Chengdu Jiachi Electronic Technology Co Business Description

Address No. 288, West Section of Wenming Street, New Economic Industrial Park, South Area of ??Chengdu Modern Industrial Port, Pidu District, Sichuan Province, Chengdu, CHN, 611730
Chengdu Jiachi Electronic Technology Co Ltd is engaged in research and development, manufacturing, testing, sales and service of EMMS. It products include Absorbing patch, Wave absorbing, Functional coating, etc.
45GF Score

Get the complete analysis for SHSE:688708

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

¥46.75
Price