King Shing Industrial CoTPE:7732 -0.56%40 Altman Z-Score is 4.71 as of Jul. 07, 2026, which is 19% below its 10-year median of 5.84. GuruFocus rates TPE:7732 with a GF Score™ of 40/100. The stock has 5 warning signs investors should review. Among 3,007 Industrial Products companies, King Shing Industrial Co ranks better than 64.75% 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 4.72 is strong.
King Shing Industrial Co has a Altman Z-Score of 4.71, 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 King Shing Industrial Co's Altman Z-Score or its related term are showing as below:
TPE:7732'
s Altman Z-Score Range Over the Past 10 Years
Min: 4.72 Med: 5.84 Max: 6.52
Current: 4.72
During the past 7 years, King Shing Industrial Co's highest Altman Z-Score was 6.52. The lowest was 4.72. And the median was 5.84.
King Shing Industrial Co (TPE:7732) 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.
For the Electrical Equipment & Parts subindustry, King Shing Industrial 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.
King Shing Industrial Co Altman Z-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, King Shing Industrial Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where King Shing Industrial Co's Altman Z-Score falls into.
King Shing Industrial 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.
King Shing Industrial Co (TPE:7732) has a Altman Z-Score of 4.71 as of Jul. 07, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on King Shing Industrial Co and its competitors. This is 19% below median its historical median of 5.84. Over the past decade, King Shing Industrial Co's Altman Z-Score has ranged from 4.72 to 6.52. According to the industry distribution chart, King Shing Industrial Co ranks #1060 out of 3007 companies in the Industrial Products industry, placing it in the top 35.3%.
Is King Shing Industrial Co's Altman Z-Score too high?
King Shing Industrial Co's current Altman Z-Score of 4.71 is 19% below median its 10-year median of 5.84. Over the past 10 years, this metric has ranged from a low of 4.72 to a high of 6.52. The Industrial Products industry median Altman Z-Score is 3.40. King Shing Industrial Co's value of 4.71 is 38.5% above this industry median. Based on the distribution chart, King Shing Industrial Co ranks #1060 out of 3007 companies in the Industrial Products industry, which is above the industry midpoint. Overall, King Shing Industrial Co has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does King Shing Industrial Co's Altman Z-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, King Shing Industrial Co ranks #1060 out of 3007 companies for Altman Z-Score. This puts King Shing Industrial Co in the upper half of its industry. The industry median Altman Z-Score is 3.40. King Shing Industrial Co's value of 4.71 is 38.5% above this benchmark. Historically, King Shing Industrial Co's own Altman Z-Score has ranged from 4.72 to 6.52 over the past decade. While the company's 10-year median is 5.84 vs. the industry median of 3.40, King Shing Industrial 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.40, based on 3,007 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. King Shing Industrial Co's current Altman Z-Score of 4.71 is 38.5% 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 King Shing Industrial Co and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. King Shing Industrial Co's current Altman Z-Score is 4.71, which is 19% below median its own 10-year median of 5.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is King Shing Industrial Co stock overvalued right now?
King Shing Industrial Co (TPE:7732) has a current Altman Z-Score of 4.71. The current Altman Z-Score is 4.71, which is 19% below median its 10-year median of 5.84 and 38.5% above the Industrial Products industry median of 3.40. King Shing Industrial Co's overall GF Score™ is 40/100 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 King Shing Industrial Co (TPE:7732), the current Altman Z-Score is 4.71 as of Jul. 07, 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.
King Shing Industrial Co Ltd and its subsidiaries are mainly engaged in the research, development, manufacturing, and sales of automotive parts. The Company's main industries include fan assy, blower, timing cover, DC motor, PWM & LIN module, injection part, stamping part, molding design, and molding manufacture. Its products include fan assy, blower, blade, shroud, motor, timing cover, and brushless motor. The Company also provides solutions including product development, R&D test equipment, mold and tooling shop in Thailand, plastic injection molding, and others. Geographically, the Company generates the majority of its revenue from the USA.
40GF Score
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