China SXT Pharmaceuticals, Inc.
SXTC Healthcare Drug Manufacturers Specialty & Generic
China SXT Pharmaceuticals, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $1.1 million, down 34.6% from fiscal 2025.
Follow SXTC
China SXT Pharmaceuticals, Inc. (SXTC) Altman Z-score
China SXT Pharmaceuticals, Inc.'s Altman Z-score for fiscal 2026 is −0.84, in the distress zone (below 1.81).
Altman Z-score, annual
Embed this chart
Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2026 | −0.84 | 0.16 |
| FY2025 | −1.00 | (3,061.50) |
| FY2022 | 3060.50 | (9,760.44) |
| FY2021 | 12820.94 | (189,814.83) |
| FY2020 | 202635.77 | (15,670,449.34) |
| FY2019 | 15873085.12 | — |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.87 | — | 1.04 | |
| Retained earnings / total assets | (0.98) | — | −1.38 | |
| EBIT / total assets | (0.20) | — | −0.68 | |
| Market value of equity / total liabilities | 0.23 | — | 0.14 | |
| Sales / total assets | 0.03 | — | 0.03 | |
| Altman Z-score | Distress zone | −0.84 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Safe zone | 7.29 | ||
Z and Z″ put China SXT Pharmaceuticals, Inc. 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 |
|---|---|
| SXTC China SXT Pharmaceuticals, Inc. | −0.8× |
| SBFM Sunshine Biopharma, Inc. compare | −1.7× |
| LSDIF Lucy Scientific Discovery Inc. compare | −7.0× |
| PRFX PainReform Ltd. compare | −7.9× |
| IMCC IM Cannabis Corp. compare | −11.7× |
| PTPI Petros Pharmaceuticals, Inc. compare | −17.0× |
| BTAIQ BioXcel Therapeutics, Inc. compare | −26.3× |
| AKAN Akanda Corp. compare | −26.4× |
| NEPTF Neptune Wellness Solutions Inc. compare | −27.3× |
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