Wanguo Gold Group (STU:WI00) Altman Z-Score: 20.84 (As of Jun. 30, 2026) — 681% Above Median


STU:WI00 Wanguo Gold Group Ltd STU:WI00
83 GF Score
Price €0.86
GF Value €0.42
! 1 Warning Sign
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What is Wanguo Gold Group Altman Z-Score?

Wanguo Gold Group STU:WI00 83 Altman Z-Score is 20.84 as of Jun. 30, 2026, which is 681% above its 10-year median of 2.67. GuruFocus rates STU:WI00 with a GF Score™ of 83/100 and a GF Value™ of €0.42. The stock has 1 warning sign investors should review. Among 786 Metals & Mining companies, Wanguo Gold Group ranks better than 91.48% 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 20.37 is strong.

Wanguo Gold Group has a Altman Z-Score of 20.84, 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 Wanguo Gold Group's Altman Z-Score or its related term are showing as below:

STU:WI00' s Altman Z-Score Range Over the Past 10 Years
Min: 1.52   Med: 2.67   Max: 20.37
Current: 20.37

During the past 13 years, Wanguo Gold Group's highest Altman Z-Score was 20.37. The lowest was 1.52. And the median was 2.67.


Wanguo Gold Group  (STU:WI00) 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.


Wanguo Gold Group Altman Z-Score Related Terms


Wanguo Gold Group Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Wanguo Gold Group'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.

Wanguo Gold Group Altman Z-Score Chart

Wanguo Gold Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.15 2.55 4.88 12.40 20.32

Wanguo Gold Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 4.88 0.00 12.40 0.00 20.32

STU:WI00 vs NEM, AU: Altman Z-Score Comparison

For the Gold subindustry, Wanguo Gold Group'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.


Wanguo Gold Group Altman Z-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Wanguo Gold Group's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Wanguo Gold Group's Altman Z-Score falls into.


STU:WI00
83GF Score
Wanguo Gold Group Ltd STU:WI00
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Wanguo Gold Group 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.

Wanguo Gold Group'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*0.485+1.4*0.4597+3.3*0.3372+0.6*30+1.0*0.5065
=20.84

* 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 Dec. 2025:
Total Assets was €756.7 Mil.
Total Current Assets was €453.5 Mil.
Total Current Liabilities was €86.5 Mil.
Retained Earnings was €347.8 Mil.
Pre-Tax Income was €254.2 Mil.
Interest Expense was €-0.9 Mil.
Revenue was €383.3 Mil.
Market Cap (Today) was €3,868.2 Mil.
Total Liabilities was €128.9 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
=(453.526 - 86.484)/756.736
=0.485

X2=Retained Earnings/Total Assets
=347.835/756.736
=0.4597

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(254.192 - -0.947)/756.736
=0.3372

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=3868.194/128.94
=30

X5=Revenue/Total Assets
=383.301/756.736
=0.5065

The zones of discrimination were as such:

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

Wanguo Gold Group has a Altman Z-Score of 20.84 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 20.84 mean?
Wanguo Gold Group (STU:WI00) has a Altman Z-Score of 20.84 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Wanguo Gold Group and its competitors. This is 681% above median its historical median of 2.67. Over the past decade, Wanguo Gold Group's Altman Z-Score has ranged from 1.52 to 20.37. According to the industry distribution chart, Wanguo Gold Group ranks #67 out of 786 companies in the Metals & Mining industry, placing it in the top 8.5%.
Is Wanguo Gold Group's Altman Z-Score too high?
Wanguo Gold Group's current Altman Z-Score of 20.84 is 681% above median its 10-year median of 2.67. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 20.37. The Metals & Mining industry median Altman Z-Score is 3.37. Wanguo Gold Group's value of 20.84 is 518.4% above this industry median. Based on the distribution chart, Wanguo Gold Group ranks #67 out of 786 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Wanguo Gold Group has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Wanguo Gold Group's Altman Z-Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Wanguo Gold Group ranks #67 out of 786 companies for Altman Z-Score. This places Wanguo Gold Group in the top 9% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.37. Wanguo Gold Group's value of 20.84 is 518.4% above this benchmark. Historically, Wanguo Gold Group's own Altman Z-Score has ranged from 1.52 to 20.37 over the past decade. While the company's 10-year median is 2.67 vs. the industry median of 3.37, Wanguo Gold Group 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 Metals & Mining company?
The median Altman Z-Score among Metals & Mining companies is 3.37, based on 786 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. Wanguo Gold Group's current Altman Z-Score of 20.84 is 518.4% 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 Wanguo Gold Group and its competitors. For the Metals & Mining industry, the median Altman Z-Score is 3.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wanguo Gold Group's current Altman Z-Score is 20.84, which is 681% above median its own 10-year median of 2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wanguo Gold Group stock overvalued right now?
Wanguo Gold Group (STU:WI00) has a current Altman Z-Score of 20.84. The stock's GF Value™ is €0.42, compared to a current price of €0.86 — trading 104.8% above its estimated fair value. The current Altman Z-Score is 20.84, which is 681% above median its 10-year median of 2.67 and 518.4% above the Metals & Mining industry median of 3.37. Wanguo Gold Group's overall GF Score™ is 83/100 with 1 warning sign 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 Wanguo Gold Group (STU:WI00), the current Altman Z-Score is 20.84 as of Jun. 30, 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.

Is Wanguo Gold Group (STU:WI00) Overvalued in 2026?

Based on GuruFocus' analysis, Wanguo Gold Group stock appears to be overvalued. The current stock price of €0.86 is trading 104.8% above its estimated GF Value™ of €0.42.

Key valuation signals for STU:WI00:

  • Altman Z-Score: 20.84 (681% above median its 10-year median of 2.67)
  • GF Value™: €0.42 vs. price of €0.86 (104.8% above fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 518.4% above the Metals & Mining median (#67 of 786)

No single metric tells the full story. See the STU:WI00 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wanguo Gold Group Business Description

Other Exchanges 03939:Hong KongWI00:Germany
Address Wanguo Mining Area, Xinzhuang Township Yifeng County, Jiangxi Province, Yifeng, CHN
Wanguo Gold Group Ltd is principally engaged in the business of mining, ore processing, and sale of concentrates products. The company has two reportable and operating segments: processing and sale of metal concentrates in Yifeng Wanguo (the Yifeng Project Segment) and processing and sale of processed gold concentrates and gold dore in the Solomon Islands (the Solomon Project Segment) The group generates a majority of its revenue from the The Solomon Project Segment. The Group mainly operates in the PRC; the Solomon Islands, which derives maximum revenue; Australia; and Hong Kong.
83GF Score

Get the complete analysis for STU:WI00

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

€0.86
Price
€0.42
GF Value