Anticipating Corporate Financial Performance from CEO Letters Utilizing Sentiment Analysis

Table 7

Z-score of Chinese companies in 2016 and 2017.

Stock code	Country	2016 Z-score	2016	2017 Z-score	2017
1958.hk	CN	1.260515439	Distress zone	1.482271118	Distress zone
0606.hk	CN	1.838183342	Grey zone	2.216679937	Grey zone
1800.hk	CN	0.867078825	Distress zone	0.864201511	Distress zone
1829.hk	CN	1.357941592	Distress zone	1.427298576	Distress zone
0941.hk	CN	2.936618457	Grey zone	2.789570355	Grey zone
3323.hk	CN	0.337950565	Distress zone	0.497012524	Distress zone
0390.hk	CN	1.192247784	Distress zone	1.15640714	Distress zone
3320.hk	CN	2.201481901	Grey zone	2.007730795	Grey zone
1055.hk	CN	0.551047016	Distress zone	0.659758361	Distress zone
0728.hk	CN	1.062436514	Distress zone	1.190768229	Distress zone
0688.hk	CN	1.961825278	Grey zone	1.972625832	Grey zone
2196.hk	CN	1.215563686	Distress zone	1.074862508	Distress zone
1618.hk	CN	0.89432166	Distress zone	0.879602037	Distress zone
0857.hk	CN	1.181842765	Distress zone	1.329173357	Distress zone
3377.hk	CN	1.083233034	Distress zone	1.142850174	Distress zone
0347.hk	CN	0.71319999	Distress zone	1.340165363	Distress zone
0992.hk	CN	1.775439241	Distress zone	1.686162129	Distress zone
0753.hk	CN	0.740145558	Distress zone	0.812868908	Distress zone
0883.hk	CN	1.927734935	Grey zone	2.336603263	Grey zone
0232.hk	CN	0.975494042	Distress zone	1.838159662	Grey zone
1186.hk	CN	1.251163858	Distress zone	1.239974657	Distress zone
2607.hk	CN	2.345340814	Grey zone	2.234627565	Grey zone
0763.hk	CN	1.059868156	Distress zone	1.363358965	Distress zone
0670.hk	CN	0.482355283	Distress zone	0.455072698	Distress zone
2202.hk	CN	0.807062775	Distress zone	0.687163013	Distress zone
0489.hk	CN	2.294304149	Grey zone	2.115933926	Grey zone
0836.hk	CN	0.99429478	Distress zone	0.843126034	Distress zone
0392.hk	CN	1.105575201	Distress zone	1.11398028	Distress zone
0604.hk	CN	1.226738962	Distress zone	0.889164039	Distress zone
2380.hk	CN	0.53081341	Distress zone	0.310240584	Distress zone
0257.hk	CN	1.719616264	Distress zone	1.540477349	Distress zone
0103.hk	CN	0.669137242	Distress zone	0.689465751	Distress zone
1211.hk	CN	1.261617869	Distress zone	1.124410212	Distress zone
0916.hk	CN	0.406631641	Distress zone	0.557081816	Distress zone
0175.hk	CN	2.405647254	Grey zone	4.48691365	Safe zone
1088.hk	CN	1.243041938	Distress zone	1.543226046	Distress zone
0123.hk	CN	0.919420683	Distress zone	1.015226322	Distress zone
2128.hk	CN	2.456387186	Grey zone	2.308100735	Grey zone
2866.hk	CN	0.125023125	Distress zone	0.230025232	Distress zone
3360.hk	CN	0.346809818	Distress zone	0.355677289	Distress zone
6166.hk	CN	1.678887209	Distress zone	1.73679922	Distress zone