573 Shenzhen Stock Exchange companies in Altman's distress band
An Altman Z-Score below 1.8, which is the band Altman called distress, computed from filed statements.
Stocks · Non-US shares · Shenzhen Stock Exchange (SHZ) · Ranked by Altman Z-Score in ratio, largest company first · Rebuilt 2026-11-07 at 09:25 UTC
How this list is built
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against total assets, from the newest filed statements. Where the filer raised going concern itself, that sentence is shown with its filing. The score classifies and does not rank: Altman published two cut-offs and no ordering below the lower one, so the list is ordered by size, largest company first. The screen: companies listed on Shenzhen Stock Exchange, graded A or B for the quality of what they report; a median daily traded value of at least 250,000 US dollars over 90 sessions, stated in each listing's own currency, so a company nobody can trade is never on the list; and no positive price to earnings under 1, which no real company earns, and no close sitting the whole of its own 52-week high below that high, which no listing that still trades can do. 2,304 companies passed tonight. Each market is ranked on its own and never added to another. Figures as recomputed on 2026-11-07.
The list
50 of 573 companies| # | Company | Market | Sector | Altman Z-Score, in ratioAltman Z | Current ratio, in ratioCurrent ratio | Tangible equity ratio, in ratioTangible equity ratio | Operating margin, in percentOperating margin | Altman Z-Score over timeAltman Z over time | Source |
|---|---|---|---|---|---|---|---|---|---|
| 1 | SHZ:002594BYD Company Limited | SHZ | Consumer Cyclical | 1.74 | 0.79 | 0.21 | 2.8% | n/a | Source n/a |
| 2 | SHZ:000725BOE Technology Group Company Limited | SHZ | Technology | 1.20 | 1.40 | 0.29 | 3.3% | n/a | Source n/a |
| 3 | SHZ:200725BOE Technology Group Company Limited | SHZ | Technology | 1.16 | 1.40 | 0.29 | 3.3% | n/a | Source n/a |
| 4 | SHZ:002493Rongsheng Petrochemical Co., Ltd. | SHZ | Basic Materials | 0.85 | 0.39 | 0.09 | 1.1% | n/a | Source n/a |
| 5 | SHZ:300014EVE Energy Co., Ltd. | SHZ | Industrials | 1.63 | 1.03 | 0.32 | 5.1% | n/a | Source n/a |
| 6 | SHZ:001979China Merchants Shekou Industrial Zone Holdings Co., Ltd. | SHZ | Real Estate | 0.73 | 1.59 | 0.11 | 3.4% | n/a | Source n/a |
| 7 | SHZ:000100TCL Technology Group Corporation | SHZ | Technology | 0.80 | 0.97 | 0.09 | 0.5% | n/a | Source n/a |
| 8 | SHZ:000425XCMG Construction Machinery Co., Ltd. | SHZ | Industrials | 1.60 | 1.20 | 0.31 | 8.0% | n/a | Source n/a |
| 9 | SHZ:000625Chongqing Changan Automobile Company Limited | SHZ | Consumer Cyclical | 1.65 | 1.21 | 0.30 | 0.03% | n/a | Source n/a |
| 10 | SHZ:001965China Merchants Expressway Network & Technology Holdings Co.,Ltd. | SHZ | Industrials | 0.95 | 1.07 | -0.11 | 20.0% | n/a | Source n/a |
| 11 | SHZ:000301Jiangsu Eastern Shenghong Co., Ltd. | SHZ | Basic Materials | 0.56 | 0.40 | 0.14 | 2.8% | n/a | Source n/a |
| 12 | SHZ:000958SPIC Industry-Finance Holdings Co., Ltd. | SHZ | Utilities | 0.83 | 0.82 | 0.31 | 41.2% | n/a | Source n/a |
| 13 | SHZ:000768AVIC Xi'an Aircraft Industry Group Company Ltd. | SHZ | Industrials | 1.47 | 1.10 | 0.27 | 3.3% | n/a | Source n/a |
| 14 | SHZ:001872China Merchants Port Group Co., Ltd. | SHZ | Industrials | 0.92 | 0.78 | 0.22 | 60.0% | n/a | Source n/a |
| 15 | SHZ:002080Sinoma Science & Technology Co.,Ltd. | SHZ | Basic Materials | 1.68 | 0.93 | 0.28 | 6.9% | n/a | Source n/a |
| 16 | SHZ:002074Gotion High-tech Co.,Ltd. | SHZ | Industrials | 0.68 | 0.81 | 0.18 | 5.2% | n/a | Source n/a |
| 17 | SHZ:000703Hengyi Petrochemical Co., Ltd. | SHZ | Basic Materials | 1.21 | 0.55 | 0.20 | 0.4% | n/a | Source n/a |
| 18 | SHZ:001286Shaanxi Energy Investment | SHZ | Utilities | 1.08 | 0.52 | 0.27 | 25.1% | n/a | Source n/a |
| 19 | SHZ:002129TCL Zhonghuan Renewable Energy Technology Co.,Ltd. | SHZ | Technology | 0.29 | 1.03 | 0.13 | -25.3% | n/a | Source n/a |
| 20 | SHZ:002601LB Group Co., Ltd. | SHZ | Basic Materials | 1.20 | 1.00 | 0.26 | 6.1% | n/a | Source n/a |
| 21 | SHZ:000983Shanxi Coking Coal Energy Group Co.,Ltd. | SHZ | Energy | 0.99 | 0.77 | 0.17 | 9.3% | n/a | Source n/a |
| 22 | SHZ:300122Chongqing Zhifei Biological Products Co., Ltd. | SHZ | Healthcare | 0.63 | 1.53 | 0.46 | -194.9% | n/a | Source n/a |
| 23 | SHZ:300207Sunwoda Electronic Co.,Ltd | SHZ | Industrials | 0.94 | 1.02 | 0.22 | -0.6% | n/a | Source n/a |
| 24 | SHZ:000876New Hope Liuhe Co.,Ltd. | SHZ | Industrials | 1.01 | 0.49 | 0.18 | -0.9% | n/a | Source n/a |
| 25 | SHZ:000027Shenzhen Energy Group Co., Ltd. | SHZ | Utilities | 0.67 | 1.07 | 0.05 | 14.5% | n/a | Source n/a |
| 26 | SHZ:000415Bohai Leasing | SHZ | Industrials | 0.29 | 0.66 | 0.10 | 3.7% | n/a | Source n/a |
| 27 | SHZ:002340GEM Co., Ltd. | SHZ | Industrials | 1.14 | 1.01 | 0.26 | 7.8% | n/a | Source n/a |
| 28 | SHZ:300677Intco Medical Technology Co., Ltd. | SHZ | Healthcare | 1.65 | 0.85 | 0.45 | 12.4% | n/a | Source n/a |
| 29 | SHZ:002244Hangzhou Binjiang Real Estate Group Co.,Ltd | SHZ | Real Estate | 1.00 | 1.33 | 0.14 | 7.1% | n/a | Source n/a |
| 30 | SHZ:002608Jiangsu Guoxin Corp. Ltd. | SHZ | Utilities | 0.98 | 0.95 | 0.34 | 15.8% | n/a | Source n/a |
| 31 | SHZ:000539Guangdong Electric Power Development Co., Ltd. | SHZ | Utilities | 0.37 | 0.67 | 0.11 | 6.2% | n/a | Source n/a |
| 32 | SHZ:000883Hubei Energy Group Co., Ltd. | SHZ | Utilities | 0.70 | 0.56 | 0.36 | 20.2% | n/a | Source n/a |
| 33 | SHZ:000800FAW Jiefang Group Co., Ltd | SHZ | Consumer Cyclical | 1.50 | 1.24 | 0.38 | -1.6% | n/a | Source n/a |
| 34 | SHZ:300803Beijing Compass Technology Development Co., Ltd. | SHZ | Technology | 1.69 | 1.15 | 0.08 | 0.8% | n/a | Source n/a |
| 35 | SHZ:002157Jiangxi Zhengbang Technology Co.Ltd. | SHZ | Consumer Defensive | 0.99 | 0.88 | 0.55 | -3.3% | n/a | Source n/a |
| 36 | SHZ:000709Hbis Company Limited | SHZ | Basic Materials | 0.28 | 0.47 | 0.20 | 0.9% | n/a | Source n/a |
| 37 | SHZ:200625Chongqing Changan Automobile Company Limited | SHZ | Consumer Cyclical | 1.42 | 1.21 | 0.30 | 0.03% | n/a | Source n/a |
| 38 | SHZ:002271Beijing Oriental Yuhong Waterproof Technology Co., Ltd. | SHZ | Industrials | 1.67 | 1.01 | 0.44 | 1.1% | n/a | Source n/a |
| 39 | SHZ:000564Ccoop Group Co., Ltd | SHZ | Consumer Cyclical | 0.09 | 0.73 | 0.41 | -97.0% | n/a | Source n/a |
| 40 | SHZ:000932Hunan Valin Steel Co., Ltd. | SHZ | Basic Materials | 1.37 | 0.91 | 0.35 | 4.3% | n/a | Source n/a |
| 41 | SHZ:000959Beijing Shougang Co., Ltd. | SHZ | Basic Materials | 0.94 | 0.54 | 0.37 | 1.9% | n/a | Source n/a |
| 42 | SHZ:002459JA Solar Technology Co., Ltd. | SHZ | Energy | 0.66 | 1.21 | 0.20 | -10.4% | n/a | Source n/a |
| 43 | SHZ:000877Tianshan Material Co., Ltd. | SHZ | Basic Materials | 0.14 | 0.48 | 0.15 | -8.9% | n/a | Source n/a |
| 44 | SHZ:000683Inner Mongolia Yuan Xing Energy Co.,Ltd | SHZ | Basic Materials | 1.18 | 0.28 | 0.30 | 18.2% | n/a | Source n/a |
| 45 | SHZ:000598Chengdu Xingrong Environment Co., Ltd. | SHZ | Utilities | 1.10 | 0.76 | 0.14 | 26.7% | n/a | Source n/a |
| 46 | SHZ:300438Guangzhou Great Power Energy and Technology Co., Ltd | SHZ | Industrials | 1.51 | 0.97 | 0.23 | 1.8% | n/a | Source n/a |
| 47 | SHZ:000791GEPIC Energy Development Co., Ltd. | SHZ | Utilities | 1.38 | 1.15 | 0.38 | 40.5% | n/a | Source n/a |
| 48 | SHZ:002015GCL Energy Technology Co.,Ltd. | SHZ | Utilities | 0.95 | 1.01 | 0.26 | 11.1% | n/a | Source n/a |
| 49 | SHZ:003022Levima Advanced Materials Corporation | SHZ | Basic Materials | 1.09 | 0.53 | 0.25 | 6.8% | n/a | Source n/a |
| 50 | SHZ:000981Sensteed Hi-Tech Group | SHZ | Consumer Cyclical | 1.14 | 0.62 | 0.20 | 44.3% | n/a | Source n/a |
This is the top of the list. The rest is a page away and no plan is needed for it.
Filed figures cite the filing they come from; figures marked Market data are quotes as of the date shown. Not a recommendation and not advice.
Past figures are not a forecast. Anything we modelled is labelled as ours. You can lose money on any security.