MetaX Integrated Circuits (Shanghai) Co (SHSE:688802) Altman Z-Score: 386.43 (As of Jul. 05, 2026) — 31% Above Median


SHSE:688802 MetaX Integrated Circuits (Shanghai) Co Ltd SHSE:688802
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What is MetaX Integrated Circuits (Shanghai) Co Altman Z-Score?

MetaX Integrated Circuits (Shanghai) Co SHSE:688802 +1.97% 7 Altman Z-Score is 386.43 as of Jul. 05, 2026, which is 31% above its 10-year median of 294.72. GuruFocus rates SHSE:688802 with a GF Score™ of 7/100. The stock has 7 warning signs investors should review. Among 2,458 Hardware companies, MetaX Integrated Circuits (Shanghai) Co ranks better than 99.92% 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 386.43 is strong.

MetaX Integrated Circuits (Shanghai) Co has a Altman Z-Score of 386.43, 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 MetaX Integrated Circuits (Shanghai) Co's Altman Z-Score or its related term are showing as below:

SHSE:688802' s Altman Z-Score Range Over the Past 10 Years
Min: 274.22   Med: 294.72   Max: 386.43
Current: 386.43

During the past 4 years, MetaX Integrated Circuits (Shanghai) Co's highest Altman Z-Score was 386.43. The lowest was 274.22. And the median was 294.72.


MetaX Integrated Circuits (Shanghai) Co  (SHSE:688802) 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.


MetaX Integrated Circuits (Shanghai) Co Altman Z-Score Related Terms


MetaX Integrated Circuits (Shanghai) Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for MetaX Integrated Circuits (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.

MetaX Integrated Circuits (Shanghai) Co Altman Z-Score Chart

MetaX Integrated Circuits (Shanghai) Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Altman Z-Score
0.00 0.00 0.00 274.22

MetaX Integrated Circuits (Shanghai) Co Quarterly Data
Dec22 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 274.22 315.21

SHSE:688802 vs APH, GLW: Altman Z-Score Comparison

For the Electronic Components subindustry, MetaX Integrated Circuits (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.


MetaX Integrated Circuits (Shanghai) Co Altman Z-Score vs Hardware Industry

For the Hardware industry and Technology sector, MetaX Integrated Circuits (Shanghai) Co's Altman Z-Score distribution charts can be found below:

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


SHSE:688802
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MetaX Integrated Circuits (Shanghai) Co Ltd SHSE:688802
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MetaX Integrated Circuits (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.

MetaX Integrated Circuits (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*0.8808+1.4*-0.1256+3.3*-0.0468+0.6*642.6031+1.0*0.1391
=386.43

* 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 ¥13,558 Mil.
Total Current Assets was ¥12,320 Mil.
Total Current Liabilities was ¥377 Mil.
Retained Earnings was ¥-1,703 Mil.
Pre-Tax Income was -98.47 + -438.164 + -158.157 + 49.267 = ¥-646 Mil.
Interest Expense was -0.61 + -1.631 + -8.593 + 0 = ¥-11 Mil.
Revenue was 561.916 + 408 + 321.155 + 594.516 = ¥1,886 Mil.
Market Cap (Today) was ¥295,426 Mil.
Total Liabilities was ¥460 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
=(12319.779 - 377.404)/13558.236
=0.8808

X2=Retained Earnings/Total Assets
=-1703.301/13558.236
=-0.1256

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-645.524 - -10.834)/13558.236
=-0.0468

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=295425.838/459.733
=642.6031

X5=Revenue/Total Assets
=1885.587/13558.236
=0.1391

The zones of discrimination were as such:

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

MetaX Integrated Circuits (Shanghai) Co has a Altman Z-Score of 386.43 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 386.43 mean?
MetaX Integrated Circuits (Shanghai) Co (SHSE:688802) has a Altman Z-Score of 386.43 as of Jul. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on MetaX Integrated Circuits (Shanghai) Co and its competitors. This is 31% above median its historical median of 294.72. Over the past decade, MetaX Integrated Circuits (Shanghai) Co's Altman Z-Score has ranged from 274.22 to 386.43. According to the industry distribution chart, MetaX Integrated Circuits (Shanghai) Co ranks #2 out of 2458 companies in the Hardware industry, placing it in the top 0.099999999999994%.
Is MetaX Integrated Circuits (Shanghai) Co's Altman Z-Score too high?
MetaX Integrated Circuits (Shanghai) Co's current Altman Z-Score of 386.43 is 31% above median its 10-year median of 294.72. Over the past 10 years, this metric has ranged from a low of 274.22 to a high of 386.43. The Hardware industry median Altman Z-Score is 3.64. MetaX Integrated Circuits (Shanghai) Co's value of 386.43 is 10516.2% above this industry median. Based on the distribution chart, MetaX Integrated Circuits (Shanghai) Co ranks #2 out of 2458 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, MetaX Integrated Circuits (Shanghai) Co has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does MetaX Integrated Circuits (Shanghai) Co's Altman Z-Score compare to APH and GLW?
According to the Hardware industry distribution chart, MetaX Integrated Circuits (Shanghai) Co ranks #2 out of 2458 companies for Altman Z-Score. This places MetaX Integrated Circuits (Shanghai) Co in the top 0% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.64. MetaX Integrated Circuits (Shanghai) Co's value of 386.43 is 10516.2% above this benchmark. Historically, MetaX Integrated Circuits (Shanghai) Co's own Altman Z-Score has ranged from 274.22 to 386.43 over the past decade. While the company's 10-year median is 294.72 vs. the industry median of 3.64, MetaX Integrated Circuits (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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.64, based on 2,458 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. MetaX Integrated Circuits (Shanghai) Co's current Altman Z-Score of 386.43 is 10516.2% 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 MetaX Integrated Circuits (Shanghai) Co and its competitors. For the Hardware industry, the median Altman Z-Score is 3.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MetaX Integrated Circuits (Shanghai) Co's current Altman Z-Score is 386.43, which is 31% above median its own 10-year median of 294.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MetaX Integrated Circuits (Shanghai) Co stock overvalued right now?
MetaX Integrated Circuits (Shanghai) Co (SHSE:688802) has a current Altman Z-Score of 386.43. The current Altman Z-Score is 386.43, which is 31% above median its 10-year median of 294.72 and 10516.2% above the Hardware industry median of 3.64. MetaX Integrated Circuits (Shanghai) Co's overall GF Score™ is 7/100 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 MetaX Integrated Circuits (Shanghai) Co (SHSE:688802), the current Altman Z-Score is 386.43 as of Jul. 05, 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.

MetaX Integrated Circuits (Shanghai) Co Business Description

Address Lane 999, Haike Road, Building C8, Pudong New Area, Shanghai, CHN, 200120
MetaX Integrated Circuits (Shanghai) Co Ltd is engaged in the research, design, and sale of high-performance GPU chips and computing platforms. Its business activities include technical services, technology development, consulting, and technology transfer in the areas of integrated circuit, electronic, communication, computer software and hardware, and network technologies. The company also provides integrated circuit design, software development, and sells electronic products.
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