What is Xiamen Hengkun New Material Technology Co Altman Z-Score?
Xiamen Hengkun New Material Technology CoSHSE:688727 -8.05%34 Altman Z-Score is 14.19 as of Jul. 12, 2026, which is 41% above its 10-year median of 10.05. GuruFocus rates SHSE:688727 with a GF Score™ of 34/100. The stock has 9 warning signs investors should review. Among 1,014 Semiconductors companies, Xiamen Hengkun New Material Technology Co ranks better than 76.63% 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 14.19 is strong.
Xiamen Hengkun New Material Technology Co has a Altman Z-Score of 14.19, 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.
Xiamen Hengkun New Material Technology Co (SHSE:688727) 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.
* 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 Hengkun New Material Technology Co Altman Z-Score Chart
Xiamen Hengkun New Material Technology Co Annual Data
SHSE:688727 vs AMAT, LRCX, KLAC: Altman Z-Score Comparison
For the Semiconductor Equipment & Materials subindustry, Xiamen Hengkun New Material 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.
Xiamen Hengkun New Material Technology Co Altman Z-Score vs Semiconductors Industry
Xiamen Hengkun New Material 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.
* 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.
Xiamen Hengkun New Material Technology Co (SHSE:688727) has a Altman Z-Score of 14.19 as of Jul. 12, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Xiamen Hengkun New Material Technology Co and its competitors. This is 41% above median its historical median of 10.05. Over the past decade, Xiamen Hengkun New Material Technology Co's Altman Z-Score has ranged from 9.45 to 14.19. According to the industry distribution chart, Xiamen Hengkun New Material Technology Co ranks #237 out of 1014 companies in the Semiconductors industry, placing it in the top 23.4%.
Is Xiamen Hengkun New Material Technology Co's Altman Z-Score too high?
Xiamen Hengkun New Material Technology Co's current Altman Z-Score of 14.19 is 41% above median its 10-year median of 10.05. Over the past 10 years, this metric has ranged from a low of 9.45 to a high of 14.19. The Semiconductors industry median Altman Z-Score is 5.41. Xiamen Hengkun New Material Technology Co's value of 14.19 is 162.5% above this industry median. Based on the distribution chart, Xiamen Hengkun New Material Technology Co ranks #237 out of 1014 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Xiamen Hengkun New Material Technology Co has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Xiamen Hengkun New Material Technology Co's Altman Z-Score compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Xiamen Hengkun New Material Technology Co ranks #237 out of 1014 companies for Altman Z-Score. This places Xiamen Hengkun New Material Technology Co in the top 23% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 5.41. Xiamen Hengkun New Material Technology Co's value of 14.19 is 162.5% above this benchmark. Historically, Xiamen Hengkun New Material Technology Co's own Altman Z-Score has ranged from 9.45 to 14.19 over the past decade. While the company's 10-year median is 10.05 vs. the industry median of 5.41, Xiamen Hengkun New Material 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 Semiconductors company?
The median Altman Z-Score among Semiconductors companies is 5.41, based on 1,014 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 Hengkun New Material Technology Co's current Altman Z-Score of 14.19 is 162.5% 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 Hengkun New Material Technology Co and its competitors. For the Semiconductors industry, the median Altman Z-Score is 5.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xiamen Hengkun New Material Technology Co's current Altman Z-Score is 14.19, which is 41% above median its own 10-year median of 10.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xiamen Hengkun New Material Technology Co stock overvalued right now?
Xiamen Hengkun New Material Technology Co (SHSE:688727) has a current Altman Z-Score of 14.19. The current Altman Z-Score is 14.19, which is 41% above median its 10-year median of 10.05 and 162.5% above the Semiconductors industry median of 5.41. Xiamen Hengkun New Material Technology Co's overall GF Score™ is 34/100 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 Xiamen Hengkun New Material Technology Co (SHSE:688727), the current Altman Z-Score is 14.19 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.
Xiamen Hengkun New Material Technology Co Business Description
Xiamen Hengkun New Material Technology Co Ltd is principally engaged in the research and development, production and sales of semiconductor materials, and its products are mainly used in the process of integrated circuit chip manufacturing. Additionally the company is into new material technology promotion services, integrated circuit manufacturing, engineering and technology research and experimental development, manufacturing of special materials for electronics and sales of chemical products, electronic special materials, machinery and equipment, and electronic products. Also, the company is into non-residential real estate leasing.
34GF Score
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