Concord New Energy GroupCWPWF -24.75%50 Piotroski F-Score is 4 as of Jul. 11, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates CWPWF with a GF Score™ of 50/100 and a GF Value™ of $0.05. The stock has 11 warning signs investors should review. Among 416 Utilities - Independent Power Producers companies, Concord New Energy Group ranks worse than 59.86% 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
Concord New Energy Group has an F-score of 4 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Concord New Energy Group's Piotroski F-Score or its related term are showing as below:
CWPWF'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 8
Current: 4
During the past 13 years, the highest Piotroski F-Score of Concord New Energy Group was 8. The lowest was 4. And the median was 6.
Concord New Energy Group (OTCPK:CWPWF) 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.
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.
Concord New Energy Group Piotroski F-Score Related Terms
Concord New Energy Group Piotroski F-Score Historical Data
* 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.
Concord New Energy Group Piotroski F-Score Competitor Comparison
For the Utilities - Renewable subindustry, Concord New Energy Group'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.
Concord New Energy Group Piotroski F-Score vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Concord New Energy Group's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Concord New Energy Group's Piotroski F-Score falls into.
* 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.
*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.
Concord New Energy Group's current Net Income (TTM) was 19.8.
==> 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.
Concord New Energy Group's current Cash Flow from Operations (TTM) was 325.6.
==> 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.
Concord New Energy Group's return on assets of this year was 0.00449534. Concord New Energy Group's return on assets of last year was 0.0252782.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Concord New Energy Group's gearing of this year was 0.51941989. Concord New Energy Group's gearing of last year was 0.45401534.
==> 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
Concord New Energy Group's current ratio of this year was 1.01910486. Concord New Energy Group's current ratio of last year was 1.02566778.
==> 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.
Concord New Energy Group's number of shares in issue this year was 7846.027. Concord New Energy Group's number of shares in issue last year was 8015.101.
==> 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.
Concord New Energy Group's gross margin of this year was 0.34776133. Concord New Energy Group's gross margin of last year was 0.49522405.
==> Last year's gross margin is higher ==> Score 0.
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
Concord New Energy Group's asset turnover of this year was 0.07424108. Concord New Energy Group's asset turnover of last year was 0.0768902.
==> 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
+
0
+
1
+
0
+
0
+
1
+
0
+
0
=
4
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Concord New Energy Group has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Concord New Energy Group (CWPWF) has a Piotroski F-Score of 4 as of Jul. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Concord New Energy Group and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, Concord New Energy Group's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Concord New Energy Group ranks #249 out of 416 companies in the Utilities - Independent Power Producers industry, placing it in the top 59.9%.
Is Concord New Energy Group's Piotroski F-Score too high?
Concord New Energy Group's current Piotroski F-Score of 4 is 33% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Utilities - Independent Power Producers industry median Piotroski F-Score is 5.00. Concord New Energy Group's value of 4 is 20% below this industry median. Based on the distribution chart, Concord New Energy Group ranks #249 out of 416 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Concord New Energy Group has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Concord New Energy Group's Piotroski F-Score compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Concord New Energy Group ranks #249 out of 416 companies for Piotroski F-Score. This places Concord New Energy Group in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Concord New Energy Group's value of 4 is 20% below this benchmark. Historically, Concord New Energy Group's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Concord New Energy Group 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 an Utilities - Independent Power Producers company?
The median Piotroski F-Score among Utilities - Independent Power Producers companies is 5.00, based on 416 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. Concord New Energy Group's current Piotroski F-Score of 4 is 20% 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 Concord New Energy Group and its competitors. For the Utilities - Independent Power Producers 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. Concord New Energy Group's current Piotroski F-Score is 4, which is 33% below 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 Concord New Energy Group stock overvalued right now?
Concord New Energy Group (CWPWF) has a current Piotroski F-Score of 4. The stock's GF Value™ is $0.05, compared to a current price of $0.03 — trading 39.8% below its estimated fair value. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 20% below the Utilities - Independent Power Producers industry median of 5.00. Concord New Energy Group's overall GF Score™ is 50/100 with 11 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 Concord New Energy Group (CWPWF), the current Piotroski F-Score is 4 as of Jul. 11, 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 Concord New Energy Group (CWPWF) Overvalued in 2026?
Based on GuruFocus' analysis, Concord New Energy Group stock appears to be undervalued.
The current stock price of $0.03 is trading 39.8% below its estimated GF Value™ of $0.05.
Key valuation signals for CWPWF:
Piotroski F-Score: 4 (33% below median its 10-year median of 6.00)
GF Value™: $0.05 vs. price of $0.03 (39.8% below fair value)
Industry Position: 20% below the Utilities - Independent Power Producers median (#249 of 416)
No single metric tells the full story. See the CWPWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Concord New Energy Group Ltd is an investment holding company. The principal activities of the company are investment in wind power plants and photovoltaic power plants, and provision of design, technical, and consultation services. The operating segments of the company are power generation, which includes the operation of wind and solar power plants, the intelligent operation and maintenance segment, which includes provision of operation and maintenance, asset management, overhaul & commissioning service for wind and solar power plants; and others segment which includes provision of design, technical, and consultancy services, undertaking electrical engineering and construction of power plant projects. The company generates its revenue from the power generation segment.
50GF Score
Get the complete analysis for CWPWF
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CWPWF has been successfully added to your 
