CCGDF (China Cinda Asset Management Co) Piotroski F-Score: 6 (As of Aug. 25, 2026) — Near Median

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CCGDF China Cinda Asset Management Co Ltd CCGDF
33 GF Score
Price $0.13
GF Value $0.05
! 2 Warning Signs
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What is China Cinda Asset Management Co Piotroski F-Score?

China Cinda Asset Management Co CCGDF 33 Piotroski F-Score is 6 as of Aug. 25, 2026, which is at its 10-year median of 6.00. GuruFocus rates CCGDF with a GF Score™ of 33/100 and a GF Value™ of $0.05. The stock has 2 warning signs investors should review. Among 1,593 Asset Management companies, China Cinda Asset Management Co ranks better than 82.74% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

China Cinda Asset Management Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for China Cinda Asset Management Co's Piotroski F-Score or its related term are showing as below:

CCGDF' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 7
Current: 6

During the past 13 years, the highest Piotroski F-Score of China Cinda Asset Management Co was 7. The lowest was 3. And the median was 6.

China Cinda Asset Management Co  (OTCPK:CCGDF) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


China Cinda Asset Management Co Piotroski F-Score Related Terms


China Cinda Asset Management Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for China Cinda Asset Management Co's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

China Cinda Asset Management Co Piotroski F-Score Chart

China Cinda Asset Management Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 5.00 7.00 4.00 6.00

China Cinda Asset Management Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.00 0.00 4.00 0.00 6.00

CCGDF vs BLK, BX, KKR: Piotroski F-Score Comparison

For the Asset Management subindustry, China Cinda Asset Management Co's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China Cinda Asset Management Co Piotroski F-Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, China Cinda Asset Management Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where China Cinda Asset Management Co's Piotroski F-Score falls into.


CCGDF
33GF Score
China Cinda Asset Management Co Ltd CCGDF
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was $506 Mil.
Cash Flow from Operations was $3,782 Mil.
Revenue was $1,560 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (225110.258 + 244381.366) / 2 = $234745.812 Mil.
Total Assets at the begining of this year (Dec24) was $225,110 Mil.
Long-Term Debt & Capital Lease Obligation was $130,260 Mil.
Total Assets was $244,381 Mil.
Total Liabilities was $212,626 Mil.
Net Income was $417 Mil.

Revenue was $3,451 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (223293.108 + 225110.258) / 2 = $224201.683 Mil.
Total Assets at the begining of last year (Dec23) was $223,293 Mil.
Long-Term Debt & Capital Lease Obligation was $119,813 Mil.
Total Assets was $225,110 Mil.
Total Liabilities was $194,460 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

China Cinda Asset Management Co's current Net Income (TTM) was 506. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

China Cinda Asset Management Co's current Cash Flow from Operations (TTM) was 3,782. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec24)
=505.777/225110.258
=0.0022468

ROA (Last Year)=Net Income/Total Assets (Dec23)
=417.041/223293.108
=0.00186768

China Cinda Asset Management Co's return on assets of this year was 0.0022468. China Cinda Asset Management Co's return on assets of last year was 0.00186768. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

China Cinda Asset Management Co's current Net Income (TTM) was 506. China Cinda Asset Management Co's current Cash Flow from Operations (TTM) was 3,782. ==> 3,782 > 506 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=130260.468/234745.812
=0.55490007

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=119812.835/224201.683
=0.53439757

China Cinda Asset Management Co's gearing of this year was 0.55490007. China Cinda Asset Management Co's gearing of last year was 0.53439757. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

* Note that for banks and insurance companies, there's no Total Current Assets and Total Current Liabilities reported. Thus, we use Total Assets and Total Liabilities to calculate current ratio for banks and insurance companies.

Current Ratio (This Year: Dec25)=Total Assets/Total Liabilities
=244381.366/212626.344
=1.1493466

Current Ratio (Last Year: Dec24)=Total Assets/Total Liabilities
=225110.258/194459.989
=1.15761735

China Cinda Asset Management Co's current ratio of this year was 1.1493466. China Cinda Asset Management Co's current ratio of last year was 1.15761735. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

China Cinda Asset Management Co's number of shares in issue this year was 38164.535. China Cinda Asset Management Co's number of shares in issue last year was 38164.535. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

* Note that for banks and insurance companies, there's no Gross Profit reported. Thus, we use net income instead of gross profit and calculate Net Margin for this score.

Net Margin (This Year: TTM)=Net Income/Revenue
=505.777/1559.876
=0.3242418

Net Margin (Last Year: TTM)=Net Income/Revenue
=417.041/3450.672
=0.12085791

China Cinda Asset Management Co's net margin of this year was 0.3242418. China Cinda Asset Management Co's net margin of last year was 0.12085791. ==> This year's net margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=1559.876/225110.258
=0.00692939

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=3450.672/223293.108
=0.01545355

China Cinda Asset Management Co's asset turnover of this year was 0.00692939. China Cinda Asset Management Co's asset turnover of last year was 0.01545355. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+0+0+1+1+0
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

China Cinda Asset Management Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
China Cinda Asset Management Co (CCGDF) has a Piotroski F-Score of 6 as of Aug. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on China Cinda Asset Management Co and its competitors. This is near median its historical median of 6.00. Over the past decade, China Cinda Asset Management Co's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, China Cinda Asset Management Co ranks #275 out of 1593 companies in the Asset Management industry, placing it in the top 17.3%.
Is China Cinda Asset Management Co's Piotroski F-Score too high?
China Cinda Asset Management Co's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Asset Management industry median Piotroski F-Score is 5.00. China Cinda Asset Management Co's value of 6 is 20% above this industry median. Based on the distribution chart, China Cinda Asset Management Co ranks #275 out of 1593 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, China Cinda Asset Management Co has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does China Cinda Asset Management Co's Piotroski F-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, China Cinda Asset Management Co ranks #275 out of 1593 companies for Piotroski F-Score. This places China Cinda Asset Management Co in the top 17% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. China Cinda Asset Management Co's value of 6 is 20% above this benchmark. Historically, China Cinda Asset Management Co's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, China Cinda Asset Management Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for an Asset Management company?
The median Piotroski F-Score among Asset Management companies is 5.00, based on 1,593 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Cinda Asset Management Co's current Piotroski F-Score of 6 is 20% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on China Cinda Asset Management Co and its competitors. For the Asset Management industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Cinda Asset Management Co's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Cinda Asset Management Co stock overvalued right now?
China Cinda Asset Management Co (CCGDF) has a current Piotroski F-Score of 6. The stock's GF Value™ is $0.05, compared to a current price of $0.13 — trading 167.4% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Asset Management industry median of 5.00. China Cinda Asset Management Co's overall GF Score™ is 33/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For China Cinda Asset Management Co (CCGDF), the current Piotroski F-Score is 6 as of Aug. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is China Cinda Asset Management Co (CCGDF) Overvalued in 2026?

Based on GuruFocus' analysis, China Cinda Asset Management Co stock appears to be overvalued. The current stock price of $0.13 is trading 167.4% above its estimated GF Value™ of $0.05.

Key valuation signals for CCGDF:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: $0.05 vs. price of $0.13 (167.4% above fair value)
  • GF Score™: 33/100 with 2 warning signs
  • Industry Position: 20% above the Asset Management median (#275 of 1593)

No single metric tells the full story. See the CCGDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Cinda Asset Management Co Business Description

Other Exchanges 01359:Hong Kong
Address 9 Naoshikou Street, No.1 Building, Xicheng District, Beijing, CHN, 100031
China Cinda Asset Management Co Ltd is an asset management company with operations in mainland China and Hong Kong. The principal business segments of the company include: (1) distressed asset management business, including debt asset management conducted with respect to distressed assets, DES Assets management, other distressed asset management, and entrusted operation business; and (2) financial services business, including banking, securities, futures, mutual funds, trusts and leasing. The majority of the company's revenue is derived from the Distressed asset management segment.
33GF Score

Get the complete analysis for CCGDF

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.13
Price
$0.05
GF Value