YungShin Global Holding Co (TPE:3705) Altman Z-Score: 4.11 (As of Jul. 10, 2026) — 48% Above Median


TPE:3705 YungShin Global Holding Co Ltd TPE:3705
90 GF Score
Price NT$54.60
GF Value NT$58.20
Valuation Fairly Valued
! 3 Warning Signs
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What is YungShin Global Holding Co Altman Z-Score?

YungShin Global Holding Co TPE:3705 90 Altman Z-Score is 4.11 as of Jul. 10, 2026, which is 48% above its 10-year median of 2.77. GuruFocus rates TPE:3705 with a GF Score™ of 90/100 and a GF Value™ of NT$58.20 (Fairly Valued). The stock has 3 warning signs investors should review. Among 952 Drug Manufacturers companies, YungShin Global Holding Co ranks better than 58.09% 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 4.1 is strong.

YungShin Global Holding Co has a Altman Z-Score of 4.11, 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 YungShin Global Holding Co's Altman Z-Score or its related term are showing as below:

TPE:3705' s Altman Z-Score Range Over the Past 10 Years
Min: 2.24   Med: 2.77   Max: 4.21
Current: 4.1

During the past 13 years, YungShin Global Holding Co's highest Altman Z-Score was 4.21. The lowest was 2.24. And the median was 2.77.


YungShin Global Holding Co  (TPE:3705) 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.


YungShin Global Holding Co Altman Z-Score Related Terms


YungShin Global Holding Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for YungShin Global Holding 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.

YungShin Global Holding Co Altman Z-Score Chart

YungShin Global Holding 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 2.65 3.22 3.61 3.85 4.21

YungShin Global Holding 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 3.85 3.73 3.94 4.50 4.21

TPE:3705 vs ZTS, UTHR: Altman Z-Score Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, YungShin Global Holding 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.


YungShin Global Holding Co Altman Z-Score vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, YungShin Global Holding Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where YungShin Global Holding Co's Altman Z-Score falls into.


TPE:3705
90GF Score
YungShin Global Holding Co Ltd TPE:3705
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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YungShin Global Holding 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.

YungShin Global Holding 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*0.3959+1.4*0.1589+3.3*0.1049+0.6*3.9978+1.0*0.6641
=4.11

* 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$12,612 Mil.
Total Current Assets was NT$7,012 Mil.
Total Current Liabilities was NT$2,020 Mil.
Retained Earnings was NT$2,004 Mil.
Pre-Tax Income was 376.852 + 280.18 + 183.677 + 463.39 = NT$1,304 Mil.
Interest Expense was -4.747 + -4.304 + -4.63 + -5.279 = NT$-19 Mil.
Revenue was 2159.495 + 1911.774 + 2125.099 + 2179.486 = NT$8,376 Mil.
Market Cap (Today) was NT$14,544 Mil.
Total Liabilities was NT$3,638 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
=(7012.447 - 2019.685)/12612.498
=0.3959

X2=Retained Earnings/Total Assets
=2003.502/12612.498
=0.1589

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1304.099 - -18.96)/12612.498
=0.1049

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=14543.529/3637.913
=3.9978

X5=Revenue/Total Assets
=8375.854/12612.498
=0.6641

The zones of discrimination were as such:

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

YungShin Global Holding Co has a Altman Z-Score of 4.11 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 4.11 mean?
YungShin Global Holding Co (TPE:3705) has a Altman Z-Score of 4.11 as of Jul. 10, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on YungShin Global Holding Co and its competitors. This is 48% above median its historical median of 2.77. Over the past decade, YungShin Global Holding Co's Altman Z-Score has ranged from 2.24 to 4.21. According to the industry distribution chart, YungShin Global Holding Co ranks #399 out of 952 companies in the Drug Manufacturers industry, placing it in the top 41.9%.
Is YungShin Global Holding Co's Altman Z-Score too high?
YungShin Global Holding Co's current Altman Z-Score of 4.11 is 48% above median its 10-year median of 2.77. Over the past 10 years, this metric has ranged from a low of 2.24 to a high of 4.21. The Drug Manufacturers industry median Altman Z-Score is 3.27. YungShin Global Holding Co's value of 4.11 is 25.7% above this industry median. Based on the distribution chart, YungShin Global Holding Co ranks #399 out of 952 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, YungShin Global Holding Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does YungShin Global Holding Co's Altman Z-Score compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, YungShin Global Holding Co ranks #399 out of 952 companies for Altman Z-Score. This puts YungShin Global Holding Co in the upper half of its industry. The industry median Altman Z-Score is 3.27. YungShin Global Holding Co's value of 4.11 is 25.7% above this benchmark. Historically, YungShin Global Holding Co's own Altman Z-Score has ranged from 2.24 to 4.21 over the past decade. While the company's 10-year median is 2.77 vs. the industry median of 3.27, YungShin Global Holding 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 Drug Manufacturers company?
The median Altman Z-Score among Drug Manufacturers companies is 3.27, based on 952 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. YungShin Global Holding Co's current Altman Z-Score of 4.11 is 25.7% 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 YungShin Global Holding Co and its competitors. For the Drug Manufacturers industry, the median Altman Z-Score is 3.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. YungShin Global Holding Co's current Altman Z-Score is 4.11, which is 48% above median its own 10-year median of 2.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YungShin Global Holding Co stock overvalued right now?
Based on GuruFocus' analysis, YungShin Global Holding Co (TPE:3705) is currently considered Fairly Valued. The stock's GF Value™ is NT$58.20, compared to a current price of NT$54.60 — trading 6.2% below its estimated fair value. The current Altman Z-Score is 4.11, which is 48% above median its 10-year median of 2.77 and 25.7% above the Drug Manufacturers industry median of 3.27. YungShin Global Holding Co's overall GF Score™ is 90/100 with 3 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 YungShin Global Holding Co (TPE:3705), the current Altman Z-Score is 4.11 as of Jul. 10, 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 YungShin Global Holding Co (TPE:3705) Overvalued in 2026?

Based on GuruFocus' analysis, YungShin Global Holding Co stock appears to be undervalued. The current stock price of NT$54.60 is trading 6.2% below its estimated GF Value™ of NT$58.20. GuruFocus considers YungShin Global Holding Co to be Fairly Valued.

Key valuation signals for TPE:3705:

  • Altman Z-Score: 4.11 (48% above median its 10-year median of 2.77)
  • GF Value™: NT$58.20 vs. price of NT$54.60 (6.2% below fair value)
  • GF Score™: 90/100 with 3 warning signs
  • Industry Position: 25.7% above the Drug Manufacturers median (#399 of 952)

No single metric tells the full story. See the TPE:3705 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


YungShin Global Holding Co Business Description

Address No. 315, Cheng Gong Road, Dajia District, Taichung, TWN
YungShin Global Holding Co Ltd invests, manufactures, and sells medicines, animal drugs, agricultural chemicals, industrial medicine, and cosmetics. The company derives revenue from the sale of Human drugs, Health food, Animal drugs, and Others. The company generates the majority of its revenue from Human drugs. Geographically, the company generates the revenue from Taiwan, the USA, Japan, and China, out of which the majority of its revenue is generated from Taiwan.
90GF Score

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

NT$54.60
Price
NT$58.20
GF Value