131 Taiwan 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 · Taiwan Stock Exchange (TAI) · 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 Taiwan 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. 624 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 131 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 | TAI:1718China Man-Made Fiber Corporation | TAI | Basic Materials | 0.28 | 0.86 | 0.02 | -116.1% | n/a | Source n/a |
| 2 | TAI:1301Formosa Plastics Corporation | TAI | Basic Materials | 1.75 | 2.05 | 0.65 | -4.3% | n/a | Source n/a |
| 3 | TAI:2207Hotai Motor Co.,Ltd. | TAI | Consumer Cyclical | 1.42 | 1.04 | 0.16 | 10.8% | n/a | Source n/a |
| 4 | TAI:1402Far Eastern New Century Corporation | TAI | Industrials | 1.03 | 1.05 | 0.25 | 6.6% | n/a | Source n/a |
| 5 | TAI:2002China Steel Corporation | TAI | Basic Materials | 1.04 | 1.38 | 0.43 | -1.2% | n/a | Source n/a |
| 6 | TAI:6770Powerchip Semiconductor Manufacturing Corp. | TAI | Technology | 1.67 | 1.94 | 0.46 | -20.5% | n/a | Source n/a |
| 7 | TAI:2409AUO Corporation | TAI | Technology | 1.41 | 1.12 | 0.36 | -0.4% | n/a | Source n/a |
| 8 | TAI:1101TCC Group Holdings Co Ltd. | TAI | Basic Materials | 0.93 | 2.07 | 0.32 | 6.7% | n/a | Source n/a |
| 9 | TAI:2633Taiwan High Speed Rail Corporation | TAI | Industrials | 0.65 | 0.97 | -7.05 | 39.3% | n/a | Source n/a |
| 10 | TAI:2610China Airlines, Ltd. | TAI | Industrials | 1.20 | 0.91 | 0.27 | 10.0% | n/a | Source n/a |
| 11 | TAI:1102Asia Cement Corporation | TAI | Basic Materials | 1.22 | 1.60 | 0.55 | 11.8% | n/a | Source n/a |
| 12 | TAI:2474Catcher Technology Co., Ltd. | TAI | Industrials | 1.72 | 1.54 | 0.62 | 16.6% | n/a | Source n/a |
| 13 | TAI:2201Yulon Motor Company Ltd. | TAI | Consumer Cyclical | 0.50 | 1.00 | 0.17 | 7.7% | n/a | Source n/a |
| 14 | TAI:2542Highwealth Construction Corp. | TAI | Real Estate | 0.79 | 1.31 | 0.19 | 20.7% | n/a | Source n/a |
| 15 | TAI:1605Walsin Lihwa Corporation | TAI | Basic Materials | 1.38 | 1.60 | 0.53 | 0.01% | n/a | Source n/a |
| 16 | TAI:2353Acer Incorporated | TAI | Technology | 1.74 | 1.37 | 0.20 | 1.8% | n/a | Source n/a |
| 17 | TAI:9904Pou Chen Corporation | TAI | Consumer Cyclical | 1.58 | 1.89 | 0.38 | 4.6% | n/a | Source n/a |
| 18 | TAI:9945Ruentex Development Co.,Ltd. | TAI | Industrials | 1.08 | 2.06 | 0.52 | 17.7% | n/a | Source n/a |
| 19 | TAI:2352Qisda Corporation | TAI | Technology | 1.52 | 1.17 | 0.08 | 1.6% | n/a | Source n/a |
| 20 | TAI:2606U-Ming Marine Transport Corporation | TAI | Industrials | 1.46 | 1.80 | 0.45 | 23.8% | n/a | Source n/a |
| 21 | TAI:2371Tatung Co., Ltd. | TAI | Industrials | 0.97 | 2.18 | 0.31 | 4.3% | n/a | Source n/a |
| 22 | TAI:1907YFY Inc. | TAI | Basic Materials | 1.09 | 1.50 | 0.43 | -1.1% | n/a | Source n/a |
| 23 | TAI:6414Ennoconn Corporation | TAI | Technology | 1.52 | 1.30 | 0.02 | 4.3% | n/a | Source n/a |
| 24 | TAI:5469HannStar Board Corporation | TAI | Technology | 1.58 | 1.32 | 0.30 | 10.6% | n/a | Source n/a |
| 25 | TAI:2206Sanyang Motor Co., Ltd. | TAI | Consumer Cyclical | 1.69 | 1.52 | 0.27 | 8.7% | n/a | Source n/a |
| 26 | TAI:9933CTCI Corporation | TAI | Industrials | 1.04 | 1.03 | 0.13 | 4.4% | n/a | Source n/a |
| 27 | TAI:5522Farglory Land Development Co., Ltd. | TAI | Real Estate | 1.71 | 1.73 | 0.46 | 24.8% | n/a | Source n/a |
| 28 | TAI:1409Shinkong Synthetic Fibers Corporation | TAI | Basic Materials | 0.50 | 1.06 | 0.18 | 9.7% | n/a | Source n/a |
| 29 | TAI:1795Lotus Pharmaceutical Co., Ltd. | TAI | Healthcare | 0.98 | 1.57 | -0.69 | 28.8% | n/a | Source n/a |
| 30 | TAI:2540JSL Construction & Development Co., Ltd. | TAI | Real Estate | 1.14 | 1.42 | 0.27 | 9.0% | n/a | Source n/a |
| 31 | TAI:1722Taiwan Fertilizer Co., Ltd. | TAI | Basic Materials | 1.16 | 3.18 | 0.67 | 3.0% | n/a | Source n/a |
| 32 | TAI:2903Far Eastern Department Stores, Ltd. | TAI | Consumer Cyclical | 0.40 | 0.57 | 0.21 | 12.3% | n/a | Source n/a |
| 33 | TAI:6191Global Brands Manufacture Ltd. | TAI | Technology | 1.75 | 1.27 | 0.40 | 10.4% | n/a | Source n/a |
| 34 | TAI:9958Century Iron and Steel Industrial Co.,Ltd. | TAI | Industrials | 1.68 | 1.27 | 0.27 | 22.9% | n/a | Source n/a |
| 35 | TAI:6282AcBel Polytech Inc. | TAI | Industrials | 1.55 | 1.38 | 0.32 | 2.3% | n/a | Source n/a |
| 36 | TAI:1808Run Long Construction Co., Ltd. | TAI | Real Estate | 1.03 | 1.50 | 0.23 | 27.4% | n/a | Source n/a |
| 37 | TAI:2520Kindom Development Co., Ltd. | TAI | Consumer Cyclical | 1.76 | 1.86 | 0.38 | 13.6% | n/a | Source n/a |
| 38 | TAI:2498HTC Corporation | TAI | Technology | 1.50 | 1.52 | 0.69 | -119.0% | n/a | Source n/a |
| 39 | TAI:3576United Renewable Energy Co., Ltd. | TAI | Energy | 0.78 | 0.88 | 0.43 | -50.2% | n/a | Source n/a |
| 40 | TAI:2023Yieh Phui Enterprise Co., Ltd. | TAI | Basic Materials | 0.86 | 0.96 | 0.33 | 0.1% | n/a | Source n/a |
| 41 | TAI:1314China Petrochemical Development Corporation | TAI | Basic Materials | 0.66 | 2.07 | 0.59 | -18.6% | n/a | Source n/a |
| 42 | TAI:3715Dynamic Holding Co., Ltd. | TAI | Technology | 1.34 | 0.72 | 0.25 | 8.6% | n/a | Source n/a |
| 43 | TAI:1904Cheng Loong Corporation | TAI | Basic Materials | 1.39 | 1.24 | 0.41 | 4.4% | n/a | Source n/a |
| 44 | TAI:1609Ta Ya Electric Wire & Cable Co., Ltd. | TAI | Industrials | 1.19 | 1.26 | 0.27 | 8.8% | n/a | Source n/a |
| 45 | TAI:2501Cathay Real Estate Development Co.,Ltd. | TAI | Real Estate | 1.12 | 1.51 | 0.34 | 17.1% | n/a | Source n/a |
| 46 | TAI:2362Clevo Co. | TAI | Technology | 0.63 | 1.28 | 0.43 | 7.9% | n/a | Source n/a |
| 47 | TAI:3673TPK Holding Co., Ltd. | TAI | Technology | 1.50 | 1.98 | 0.46 | 1.2% | n/a | Source n/a |
| 48 | TAI:2101Nankang Rubber Tire Corp.,Ltd. | TAI | Consumer Cyclical | 0.88 | 1.52 | 0.23 | 6.9% | n/a | Source n/a |
| 49 | TAI:2208CSBC Corporation | TAI | Industrials | 0.50 | 1.14 | 0.15 | -13.6% | n/a | Source n/a |
| 50 | TAI:1440Tainan Spinning Co., Ltd. | TAI | Industrials | 1.16 | 1.29 | 0.60 | -4.1% | 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.