CIIT (Tianci International) Piotroski F-Score: 2 (As of Jun. 24, 2026) — 33% Below Median


CIIT Tianci International Inc CIIT
35 GF Score
Price $0.69
GF Value $10.23
Valuation Possible Value Trap
! 2 Warning Signs
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What is Tianci International Piotroski F-Score?

Tianci International CIIT -22.17% 35 Piotroski F-Score is 2 as of Jun. 24, 2026, which is 33% below its 10-year median of 3.00. GuruFocus rates CIIT with a GF Score™ of 35/100 and a GF Value™ of $10.23 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 980 Transportation companies, Tianci International ranks worse than 96.33% on this metric.

Warning Sign:

Piotroski F-Score of 2 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Tianci International has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for Tianci International's Piotroski F-Score or its related term are showing as below:

CIIT' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 3   Max: 8
Current: 2

During the past 13 years, the highest Piotroski F-Score of Tianci International was 8. The lowest was 1. And the median was 3.

Tianci International  (NAS:CIIT) 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.


Tianci International Piotroski F-Score Related Terms


Tianci International Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Tianci International'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.

Tianci International Piotroski F-Score Chart

Tianci International Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 7.00 2.00 8.00 1.00

Tianci International Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 2.00 1.00 1.00 2.00 2.00

CIIT vs HGYN, CTNT, CJMB: Piotroski F-Score Comparison

For the Integrated Freight & Logistics subindustry, Tianci International'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.


Tianci International Piotroski F-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Tianci International's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Tianci International's Piotroski F-Score falls into.


CIIT
35GF Score
Tianci International Inc CIIT
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 (Apr26) TTM:Last Year (Apr25) TTM:
Net Income was -1.486 + -0.268 + -0.4 + 0.049 = $-2.11 Mil.
Cash Flow from Operations was -1.226 + -0.727 + -0.955 + -0.005 = $-2.91 Mil.
Revenue was 2.275 + 3.818 + 3.885 + 4.311 = $14.29 Mil.
Gross Profit was 0.084 + 0.384 + 0.09 + 0.697 = $1.26 Mil.
Average Total Assets from the begining of this year (Apr25)
to the end of this year (Apr26) was
(4.525 + 3.146 + 3.155 + 2.69 + 2.785) / 5 = $3.2602 Mil.
Total Assets at the begining of this year (Apr25) was $4.53 Mil.
Long-Term Debt & Capital Lease Obligation was $0.01 Mil.
Total Current Assets was $2.69 Mil.
Total Current Liabilities was $0.09 Mil.
Net Income was 0.039 + -0.093 + -0.113 + -0.948 = $-1.12 Mil.

Revenue was 2.456 + 2.981 + 2.079 + 1.948 = $9.46 Mil.
Gross Profit was 0.238 + 0.228 + 0.08 + 0.058 = $0.60 Mil.
Average Total Assets from the begining of last year (Apr24)
to the end of last year (Apr25) was
(0.977 + 0.912 + 0.896 + 0.777 + 4.525) / 5 = $1.6174 Mil.
Total Assets at the begining of last year (Apr24) was $0.98 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $4.52 Mil.
Total Current Liabilities was $0.01 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.

Tianci International's current Net Income (TTM) was -2.11. ==> Negative ==> Score 0.

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.

Tianci International's current Cash Flow from Operations (TTM) was -2.91. ==> Negative ==> Score 0.

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 (Apr25)
=-2.105/4.525
=-0.46519337

ROA (Last Year)=Net Income/Total Assets (Apr24)
=-1.115/0.977
=-1.14124872

Tianci International's return on assets of this year was -0.46519337. Tianci International's return on assets of last year was -1.14124872. ==> 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.

Tianci International's current Net Income (TTM) was -2.11. Tianci International's current Cash Flow from Operations (TTM) was -2.91. ==> -2.91 <= -2.11 ==> CFROA <= ROA ==> Score 0.

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: Apr26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr25 to Apr26
=0.011/3.2602
=0.00337403

Gearing (Last Year: Apr25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr24 to Apr25
=0/1.6174
=0

Tianci International's gearing of this year was 0.00337403. Tianci International's gearing of last year was 0. ==> 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

Current Ratio (This Year: Apr26)=Total Current Assets/Total Current Liabilities
=2.689/0.093
=28.91397849

Current Ratio (Last Year: Apr25)=Total Current Assets/Total Current Liabilities
=4.523/0.014
=323.07142857

Tianci International's current ratio of this year was 28.91397849. Tianci International's current ratio of last year was 323.07142857. ==> 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.

Tianci International's number of shares in issue this year was 3.619. Tianci International's number of shares in issue last year was 2.139. ==> There is larger number of shares in issue this year. ==> Score 0.

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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=1.255/14.289
=0.0878298

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0.604/9.464
=0.06382079

Tianci International's gross margin of this year was 0.0878298. Tianci International's gross margin of last year was 0.06382079. ==> This year's gross 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 (Apr25)
=14.289/4.525
=3.15779006

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Apr24)
=9.464/0.977
=9.68679632

Tianci International's asset turnover of this year was 3.15779006. Tianci International's asset turnover of last year was 9.68679632. ==> 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
=0+0+1+0+0+0+0+1+0
=2

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

Tianci International has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 2 mean?
Tianci International (CIIT) has a Piotroski F-Score of 2 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Tianci International and its competitors. This is 33% below median its historical median of 3.00. Over the past decade, Tianci International's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Tianci International ranks #944 out of 980 companies in the Transportation industry, placing it in the top 96.3%.
Is Tianci International's Piotroski F-Score too high?
Tianci International's current Piotroski F-Score of 2 is 33% below median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Transportation industry median Piotroski F-Score is 6.00. Tianci International's value of 2 is 66.7% below this industry median. Based on the distribution chart, Tianci International ranks #944 out of 980 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Tianci International has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tianci International's Piotroski F-Score compare to HGYN and CTNT?
According to the Transportation industry distribution chart, Tianci International ranks #944 out of 980 companies for Piotroski F-Score. This places Tianci International in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Tianci International's value of 2 is 66.7% below this benchmark. Historically, Tianci International's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 6.00, Tianci International has consistently been below 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 a Transportation company?
The median Piotroski F-Score among Transportation companies is 6.00, based on 980 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. Tianci International's current Piotroski F-Score of 2 is 66.7% below 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 Tianci International and its competitors. For the Transportation industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianci International's current Piotroski F-Score is 2, which is 33% below median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianci International stock overvalued right now?
Based on GuruFocus' analysis, Tianci International (CIIT) is currently considered Possible Value Trap. The stock's GF Value™ is $10.23, compared to a current price of $0.69 — trading 93.2% below its estimated fair value. The current Piotroski F-Score is 2, which is 33% below median its 10-year median of 3.00 and 66.7% below the Transportation industry median of 6.00. Tianci International's overall GF Score™ is 35/100 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 Tianci International (CIIT), the current Piotroski F-Score is 2 as of Jun. 24, 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 Tianci International (CIIT) Overvalued in 2026?

Based on GuruFocus' analysis, Tianci International stock appears to be undervalued. The current stock price of $0.69 is trading 93.2% below its estimated GF Value™ of $10.23. GuruFocus considers Tianci International to be Possible Value Trap.

Key valuation signals for CIIT:

  • Piotroski F-Score: 2 (33% below median its 10-year median of 3.00)
  • GF Value™: $10.23 vs. price of $0.69 (93.2% below fair value)
  • GF Score™: 35/100 with 2 warning signs
  • Industry Position: 66.7% below the Transportation median (#944 of 980)

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


Tianci International Business Description

Address 28 Canton Road, Unit 1109, Lippo Sun Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG, 999077
Tianci International Inc through its subsidiary, provides logistics services. It is engaged in logistics solutions, including sea freight forwarding, and logistic software development and maintenance. The company also engages in distributing electronic device hardware components, such as computer chips, Wi-Fi modules, Bluetooth modules, 4G network modules, LED screens, and touch screens. It generates the majority of its revenue from the Global Logistics Services business.
35GF Score

Get the complete analysis for CIIT

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

$0.69
Price
$10.23
GF Value