Big Sun Shine Co (TPE:1475) Altman Z-Score: 3.47 (As of Jul. 14, 2026) — 13% Below Median

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TPE:1475 Big Sun Shine Co Ltd TPE:1475
78 GF Score
Price NT$27.15
GF Value NT$39.24
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Big Sun Shine Co Altman Z-Score?

Big Sun Shine Co TPE:1475 -0.55% 78 Altman Z-Score is 3.47 as of Jul. 14, 2026, which is 13% below its 10-year median of 4.01. GuruFocus rates TPE:1475 with a GF Score™ of 78/100 and a GF Value™ of NT$39.24 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,028 Manufacturing - Apparel & Accessories companies, Big Sun Shine Co ranks better than 66.93% 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 3.48 is strong.

Big Sun Shine Co has a Altman Z-Score of 3.47, 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 Big Sun Shine Co's Altman Z-Score or its related term are showing as below:

TPE:1475' s Altman Z-Score Range Over the Past 10 Years
Min: -4.76   Med: 4.01   Max: 7.45
Current: 3.48

During the past 13 years, Big Sun Shine Co's highest Altman Z-Score was 7.45. The lowest was -4.76. And the median was 4.01.


Big Sun Shine Co  (TPE:1475) 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.


Big Sun Shine Co Altman Z-Score Related Terms


Big Sun Shine Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Big Sun Shine 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.

Big Sun Shine Co Altman Z-Score Chart

Big Sun Shine Co 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 5.49 6.48 7.45 5.63 3.64

Big Sun Shine Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 5.63 5.96 4.65 4.24 3.64

Big Sun Shine Co Altman Z-Score Competitor Comparison

For the Textile Manufacturing subindustry, Big Sun Shine 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.


Big Sun Shine Co Altman Z-Score vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Big Sun Shine Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Big Sun Shine Co's Altman Z-Score falls into.


TPE:1475
78GF Score
Big Sun Shine Co Ltd TPE:1475
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Big Sun Shine 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.

Big Sun Shine 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*0.568+1.4*0.2619+3.3*0.1062+0.6*2.3898+1.0*0.6385
=3.47

* 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 NT$2,303 Mil.
Total Current Assets was NT$1,912 Mil.
Total Current Liabilities was NT$604 Mil.
Retained Earnings was NT$603 Mil.
Pre-Tax Income was 107.486 + 127.498 + -83.924 + 86.915 = NT$238 Mil.
Interest Expense was -3.71 + -1.386 + -0.735 + -0.735 = NT$-7 Mil.
Revenue was 363.746 + 347.275 + 368.443 + 390.932 = NT$1,470 Mil.
Market Cap (Today) was NT$1,792 Mil.
Total Liabilities was NT$750 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
=(1912.116 - 604.019)/2303.013
=0.568

X2=Retained Earnings/Total Assets
=603.241/2303.013
=0.2619

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(237.975 - -6.566)/2303.013
=0.1062

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1792.362/749.997
=2.3898

X5=Revenue/Total Assets
=1470.396/2303.013
=0.6385

The zones of discrimination were as such:

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

Big Sun Shine Co has a Altman Z-Score of 3.47 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 3.47 mean?
Big Sun Shine Co (TPE:1475) has a Altman Z-Score of 3.47 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Big Sun Shine Co and its competitors. This is 13% below median its historical median of 4.01. According to the industry distribution chart, Big Sun Shine Co ranks #340 out of 1028 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 33.1%.
Is Big Sun Shine Co's Altman Z-Score too high?
Big Sun Shine Co's current Altman Z-Score of 3.47 is 13% below median its 10-year median of 4.01. The Manufacturing - Apparel & Accessories industry median Altman Z-Score is 2.49. Big Sun Shine Co's value of 3.47 is 39.4% above this industry median. Based on the distribution chart, Big Sun Shine Co ranks #340 out of 1028 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Big Sun Shine Co has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Big Sun Shine Co's Altman Z-Score compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Big Sun Shine Co ranks #340 out of 1028 companies for Altman Z-Score. This puts Big Sun Shine Co in the upper half of its industry. The industry median Altman Z-Score is 2.49. Big Sun Shine Co's value of 3.47 is 39.4% above this benchmark. While the company's 10-year median is 4.01 vs. the industry median of 2.49, Big Sun Shine 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 Manufacturing - Apparel & Accessories company?
The median Altman Z-Score among Manufacturing - Apparel & Accessories companies is 2.49, based on 1,028 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. Big Sun Shine Co's current Altman Z-Score of 3.47 is 39.4% 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 Big Sun Shine Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Altman Z-Score is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Big Sun Shine Co's current Altman Z-Score is 3.47, which is 13% below median its own 10-year median of 4.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Big Sun Shine Co stock overvalued right now?
Based on GuruFocus' analysis, Big Sun Shine Co (TPE:1475) is currently considered Possible Value Trap. The stock's GF Value™ is NT$39.24, compared to a current price of NT$27.15 — trading 30.8% below its estimated fair value. The current Altman Z-Score is 3.47, which is 13% below median its 10-year median of 4.01 and 39.4% above the Manufacturing - Apparel & Accessories industry median of 2.49. Big Sun Shine Co's overall GF Score™ is 78/100 with 5 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 Big Sun Shine Co (TPE:1475), the current Altman Z-Score is 3.47 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.

Is Big Sun Shine Co (TPE:1475) Overvalued in 2026?

Based on GuruFocus' analysis, Big Sun Shine Co stock appears to be undervalued. The current stock price of NT$27.15 is trading 30.8% below its estimated GF Value™ of NT$39.24. GuruFocus considers Big Sun Shine Co to be Possible Value Trap.

Key valuation signals for TPE:1475:

  • Altman Z-Score: 3.47 (13% below median its 10-year median of 4.01)
  • GF Value™: NT$39.24 vs. price of NT$27.15 (30.8% below fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 39.4% above the Manufacturing - Apparel & Accessories median (#340 of 1028)

No single metric tells the full story. See the TPE:1475 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Big Sun Shine Co Business Description

Address No. 36, North Pingdong Road, 8th Floor, Zhongzheng District, Taipei, TWN, 333
Big Sun Shine Co Ltd is engaged in cloth dyeing and finishing, weaving and trading of various textiles, processing and wholesale and trading of dyes, pigments and industrial additives. Its products include Jacquard/Dobby, Yarn Dyed/Piece Dyed, Fire Retardant, Anti-Microbial, Anti-Odor, Anti-UV, and Insulation Fabric. Geographically it operates in Taiwan, Vietnam, Cambodia, Bangladesh, Jordan, and Others with majority of revenue deriving from Taiwan.
78GF Score

Get the complete analysis for TPE:1475

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

NT$27.15
Price
NT$39.24
GF Value