CCSC Technology International Holdings Limited
CCTG Industrials Electrical Equipment & Parts
CCSC Technology International Holdings Limited’s revenue for fiscal 2026 (year ended March 2026) was $17.3 million, down 1.86% from fiscal 2025.
Follow CCTG
CCSC Technology International Holdings Limited (CCTG) Altman Z-score
CCSC Technology International Holdings Limited's Altman Z-score for fiscal 2026 is 0.99, in the distress zone (below 1.81).
Altman Z-score, annual
Embed this chart
Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2026 | 0.99 | (3.21) |
| FY2025 | 4.20 | (0.63) |
| FY2024 | 4.82 | — |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.31 | — | 0.37 | |
| Retained earnings / total assets | 0.12 | — | 0.17 | |
| EBIT / total assets | (0.19) | — | −0.62 | |
| Market value of equity / total liabilities | 0.19 | — | 0.12 | |
| Sales / total assets | 0.95 | — | 0.95 | |
| Altman Z-score | Distress zone | 0.99 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Safe zone | 3.56 | ||
Z and Z″ put CCSC Technology International Holdings Limited in different zones: distress zone by Z, safe zone by Z″.
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| CCTG CCSC Technology International Holdings Limited | 1.0× |
| EPOW E-Power Inc. compare | −0.7× |
| DFLI Dragonfly Energy Holdings Corp. compare | −1.3× |
| FLUX Flux Power Holdings, Inc. compare | −5.2× |
| POLA Polar Power, Inc. compare | −7.1× |
| XPON Expion Energy, Inc. compare | −7.9× |
| GWHT ESS Tech, Inc. compare | −26.4× |
| ADNH Advent Technologies Holdings, Inc. compare | −49.3× |
| NXUR Nxu, Inc. compare | −52.1× |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets