ZHIXF (Zhixin Group Holding) Altman Z-Score: 0.44 (As of Aug. 01, 2026) — 58% Below Median

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ZHIXF Zhixin Group Holding Ltd ZHIXF
50 GF Score
Price $0.03
GF Value $0.04
! 6 Warning Signs
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What is Zhixin Group Holding Altman Z-Score?

Zhixin Group Holding ZHIXF 50 Altman Z-Score is 0.44 as of Aug. 01, 2026, which is 58% below its 10-year median of 1.05. GuruFocus rates ZHIXF with a GF Score™ of 50/100 and a GF Value™ of $0.04. The stock has 6 warning signs investors should review. Among 401 Building Materials companies, Zhixin Group Holding ranks worse than 88.78% 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.

Warning Sign:

Altman Z-score of 0.45 is in distress zone. This implies bankruptcy possibility in the next two years.

Zhixin Group Holding has a Altman Z-Score of 0.44, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Zhixin Group Holding's Altman Z-Score or its related term are showing as below:

ZHIXF' s Altman Z-Score Range Over the Past 10 Years
Min: 0.4   Med: 1.05   Max: 1.87
Current: 0.45

During the past 9 years, Zhixin Group Holding's highest Altman Z-Score was 1.87. The lowest was 0.40. And the median was 1.05.


Zhixin Group Holding  (OTCPK:ZHIXF) 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.


Zhixin Group Holding Altman Z-Score Related Terms


Zhixin Group Holding Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Zhixin Group Holding'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.

Zhixin Group Holding Altman Z-Score Chart

Zhixin Group Holding Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only 1.87 1.70 1.05 0.60 0.40

Zhixin Group Holding Semi-Annual Data
Dec17 Dec18 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 1.05 0.00 0.60 0.00 0.40

ZHIXF vs CRH, VMC, MLM: Altman Z-Score Comparison

For the Building Materials subindustry, Zhixin Group Holding'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.


Zhixin Group Holding Altman Z-Score vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Zhixin Group Holding's Altman Z-Score distribution charts can be found below:

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


ZHIXF
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Zhixin Group Holding Ltd ZHIXF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhixin Group Holding 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.

Zhixin Group Holding'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*-0.0715+1.4*-0.04+3.3*-0.0343+0.6*0.4489+1.0*0.4288
=0.44

* 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 $183.03 Mil.
Total Current Assets was $69.27 Mil.
Total Current Liabilities was $82.36 Mil.
Retained Earnings was $-7.33 Mil.
Pre-Tax Income was $-8.26 Mil.
Interest Expense was $-1.98 Mil.
Revenue was $78.49 Mil.
Market Cap (Today) was $61.80 Mil.
Total Liabilities was $137.68 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
=(69.274 - 82.356)/183.034
=-0.0715

X2=Retained Earnings/Total Assets
=-7.326/183.034
=-0.04

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-8.259 - -1.979)/183.034
=-0.0343

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=61.804/137.683
=0.4489

X5=Revenue/Total Assets
=78.487/183.034
=0.4288

The zones of discrimination were as such:

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

Zhixin Group Holding has a Altman Z-Score of 0.44 indicating it is in Distress 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 0.44 mean?
Zhixin Group Holding (ZHIXF) has a Altman Z-Score of 0.44 as of Aug. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Zhixin Group Holding and its competitors. This is 58% below median its historical median of 1.05. Over the past decade, Zhixin Group Holding's Altman Z-Score has ranged from 0.40 to 1.87. According to the industry distribution chart, Zhixin Group Holding ranks #356 out of 401 companies in the Building Materials industry, placing it in the top 88.8%.
Is Zhixin Group Holding's Altman Z-Score too high?
Zhixin Group Holding's current Altman Z-Score of 0.44 is 58% below median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 1.87. The Building Materials industry median Altman Z-Score is 2.23. Zhixin Group Holding's value of 0.44 is 80.3% below this industry median. Based on the distribution chart, Zhixin Group Holding ranks #356 out of 401 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Zhixin Group Holding has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Zhixin Group Holding's Altman Z-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, Zhixin Group Holding ranks #356 out of 401 companies for Altman Z-Score. This places Zhixin Group Holding in the lower half of its industry. The industry median Altman Z-Score is 2.23. Zhixin Group Holding's value of 0.44 is 80.3% below this benchmark. Historically, Zhixin Group Holding's own Altman Z-Score has ranged from 0.40 to 1.87 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 2.23, Zhixin Group Holding has consistently been below 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 Building Materials company?
The median Altman Z-Score among Building Materials companies is 2.23, based on 401 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. Zhixin Group Holding's current Altman Z-Score of 0.44 is 80.3% below 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 Zhixin Group Holding and its competitors. For the Building Materials industry, the median Altman Z-Score is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhixin Group Holding's current Altman Z-Score is 0.44, which is 58% below median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhixin Group Holding stock overvalued right now?
Zhixin Group Holding (ZHIXF) has a current Altman Z-Score of 0.44. The stock's GF Value™ is $0.04, compared to a current price of $0.03 — trading 34% below its estimated fair value. The current Altman Z-Score is 0.44, which is 58% below median its 10-year median of 1.05 and 80.3% below the Building Materials industry median of 2.23. Zhixin Group Holding's overall GF Score™ is 50/100 with 6 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 Zhixin Group Holding (ZHIXF), the current Altman Z-Score is 0.44 as of Aug. 01, 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 Zhixin Group Holding (ZHIXF) Overvalued in 2026?

Based on GuruFocus' analysis, Zhixin Group Holding stock appears to be undervalued. The current stock price of $0.03 is trading 34% below its estimated GF Value™ of $0.04.

Key valuation signals for ZHIXF:

  • Altman Z-Score: 0.44 (58% below median its 10-year median of 1.05)
  • GF Value™: $0.04 vs. price of $0.03 (34% below fair value)
  • GF Score™: 50/100 with 6 warning signs
  • Industry Position: 80.3% below the Building Materials median (#356 of 401)

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


Zhixin Group Holding Business Description

Other Exchanges 02187:Hong Kong
Address No. 1, No. 55, Guankou Avenue, Jimei District, Jimei District, Fujian Province, Xiamen, CHN
Zhixin Group Holding Ltd is engaged in the manufacturing and sale of ready-mixed concrete and precast concrete components in Xiamen city of Fujian province, and the manufacturing and sale of eco-friendly bricks and the recycling of iron ore tailings in Changjiang county of Hainan province, the People's Republic of China. Its segments include Ready-mixed concrete - manufacturing and sale of ready-mixed concrete in Xiamen; Precast concrete components - manufacturing and sale of precast concrete components in Xiamen; and Tailings recycling and bricks - sales of iron ore and other products produced from iron ore tailings recycling, and manufacturing and sales of eco-friendly bricks in Hainan. Its derives the majority of revenue from Tailings recycling and bricks segment.
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Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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