China Ouhua Winery Holdings (XKLS:5188) Altman Z-Score: 2.80 (As of Jul. 02, 2026) — 64% Below Median


What is China Ouhua Winery Holdings Altman Z-Score?

China Ouhua Winery Holdings XKLS:5188 Altman Z-Score is 2.80 as of Jul. 02, 2026, which is 64% below its 10-year median of 7.76. The stock has 4 warning signs investors should review. Among 208 Beverages - Alcoholic companies, China Ouhua Winery Holdings ranks better than 56.73% 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 3.3 is strong.

China Ouhua Winery Holdings has a Altman Z-Score of 2.80, indicating it is in Grey Zones. This implies that China Ouhua Winery Holdings is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 China Ouhua Winery Holdings's Altman Z-Score or its related term are showing as below:

XKLS:5188' s Altman Z-Score Range Over the Past 10 Years
Min: 1.73   Med: 7.76   Max: 33.18
Current: 3.3

During the past 13 years, China Ouhua Winery Holdings's highest Altman Z-Score was 33.18. The lowest was 1.73. And the median was 7.76.


China Ouhua Winery Holdings  (XKLS:5188) 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.


China Ouhua Winery Holdings Altman Z-Score Related Terms


China Ouhua Winery Holdings Altman Z-Score Historical Data

* Premium members only.

The historical data trend for China Ouhua Winery Holdings'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.

China Ouhua Winery Holdings Altman Z-Score Chart

China Ouhua Winery Holdings 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 13.88 7.93 4.68 3.19 3.25

China Ouhua Winery Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.14 4.15 3.13 3.25 2.80

XKLS:5188 vs BF.B: Altman Z-Score Comparison

For the Beverages - Wineries & Distilleries subindustry, China Ouhua Winery Holdings'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.


China Ouhua Winery Holdings Altman Z-Score vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, China Ouhua Winery Holdings's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where China Ouhua Winery Holdings's Altman Z-Score falls into.



China Ouhua Winery Holdings 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.

China Ouhua Winery Holdings'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*0.1073+1.4*-1.2778+3.3*-0.0601+0.6*7.5019+1.0*0.1528
=2.80

* 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 RM61.06 Mil.
Total Current Assets was RM10.56 Mil.
Total Current Liabilities was RM4.01 Mil.
Retained Earnings was RM-78.02 Mil.
Pre-Tax Income was -0.754 + -1.639 + -0.806 + -0.469 = RM-3.67 Mil.
Interest Expense was 0 + 0 + 0 + 0 = RM0.00 Mil.
Revenue was 3.06 + 3.047 + 2.189 + 1.031 = RM9.33 Mil.
Market Cap (Today) was RM30.06 Mil.
Total Liabilities was RM4.01 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
=(10.561 - 4.007)/61.056
=0.1073

X2=Retained Earnings/Total Assets
=-78.017/61.056
=-1.2778

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-3.668 - 0)/61.056
=-0.0601

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=30.060/4.007
=7.5019

X5=Revenue/Total Assets
=9.327/61.056
=0.1528

The zones of discrimination were as such:

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

China Ouhua Winery Holdings has a Altman Z-Score of 2.80 indicating it is in Grey 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 2.80 mean?
China Ouhua Winery Holdings (XKLS:5188) has a Altman Z-Score of 2.80 as of Jul. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on China Ouhua Winery Holdings and its competitors. This is 64% below median its historical median of 7.76. Over the past decade, China Ouhua Winery Holdings' Altman Z-Score has ranged from 1.73 to 33.18. According to the industry distribution chart, China Ouhua Winery Holdings ranks #90 out of 208 companies in the Beverages - Alcoholic industry, placing it in the top 43.3%.
Is China Ouhua Winery Holdings' Altman Z-Score too high?
China Ouhua Winery Holdings' current Altman Z-Score of 2.80 is 64% below median its 10-year median of 7.76. Over the past 10 years, this metric has ranged from a low of 1.73 to a high of 33.18. The Beverages - Alcoholic industry median Altman Z-Score is 2.73. China Ouhua Winery Holdings' value of 2.80 is 2.6% above this industry median. Based on the distribution chart, China Ouhua Winery Holdings ranks #90 out of 208 companies in the Beverages - Alcoholic industry, which is above the industry midpoint.
How does China Ouhua Winery Holdings' Altman Z-Score compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, China Ouhua Winery Holdings ranks #90 out of 208 companies for Altman Z-Score. This puts China Ouhua Winery Holdings in the upper half of its industry. The industry median Altman Z-Score is 2.73. China Ouhua Winery Holdings' value of 2.80 is 2.6% above this benchmark. Historically, China Ouhua Winery Holdings' own Altman Z-Score has ranged from 1.73 to 33.18 over the past decade. While the company's 10-year median is 7.76 vs. the industry median of 2.73, China Ouhua Winery Holdings 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 Beverages - Alcoholic company?
The median Altman Z-Score among Beverages - Alcoholic companies is 2.73, based on 208 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. China Ouhua Winery Holdings's current Altman Z-Score of 2.80 is 2.6% 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 China Ouhua Winery Holdings and its competitors. For the Beverages - Alcoholic industry, the median Altman Z-Score is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Ouhua Winery Holdings's current Altman Z-Score is 2.80, which is 64% below median its own 10-year median of 7.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Ouhua Winery Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Ouhua Winery Holdings (XKLS:5188) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.05, compared to a current price of RM0.05 — trading 10% below its estimated fair value. The current Altman Z-Score is 2.80, which is 64% below median its 10-year median of 7.76 and 2.6% above the Beverages - Alcoholic industry median of 2.73. 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 China Ouhua Winery Holdings (XKLS:5188), the current Altman Z-Score is 2.80 as of Jul. 02, 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.

China Ouhua Winery Holdings Business Description

Address No. 3 North Wolong Road, Shan Dong Province, Yan Tai City, CHN, 50250
China Ouhua Winery Holdings Ltd is an investment holding company. The company, through its subsidiaries, is engaged in the production and distribution of grape wines. The company's operating segment is Red wine which relates to the business of trading purchased wines. The business operations of the company are carried out in the People's Republic of China.