ELPW (Elong Power Holding) Piotroski F-Score: 5 (As of Aug. 22, 2026) — 25% Above Median

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ELPW Elong Power Holding Ltd ELPW
6 GF Score
Price $3.99
! 7 Warning Signs
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What is Elong Power Holding Piotroski F-Score?

Elong Power Holding ELPW -3.39% 6 Piotroski F-Score is 5 as of Aug. 22, 2026, which is 25% above its 10-year median of 4.00. GuruFocus rates ELPW with a GF Score™ of 6/100. The stock has 7 warning signs investors should review. Among 2,967 Industrial Products companies, Elong Power Holding ranks better than 55.27% 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

Elong Power Holding has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

ELPW' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 4   Max: 5
Current: 5

During the past 5 years, the highest Piotroski F-Score of Elong Power Holding was 5. The lowest was 3. And the median was 4.

Elong Power Holding  (NAS:ELPW) 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.


Elong Power Holding Piotroski F-Score Related Terms


Elong Power Holding Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Elong Power Holding'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.

Elong Power Holding Piotroski F-Score Chart

Elong Power Holding Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 3.00 4.00 5.00

Elong Power Holding Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only 3.00 0.00 4.00 0.00 5.00

ELPW vs RAYA, KRFG, CCTG: Piotroski F-Score Comparison

For the Electrical Equipment & Parts subindustry, Elong Power Holding'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.


Elong Power Holding Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Elong Power Holding's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Elong Power Holding's Piotroski F-Score falls into.


ELPW
6GF Score
Elong Power Holding Ltd ELPW
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 $-5.57 Mil.
Cash Flow from Operations was $-2.67 Mil.
Revenue was $2.05 Mil.
Gross Profit was $0.08 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (26.631 + 27.741) / 2 = $27.186 Mil.
Total Assets at the begining of this year (Dec24) was $26.63 Mil.
Long-Term Debt & Capital Lease Obligation was $0.04 Mil.
Total Current Assets was $11.88 Mil.
Total Current Liabilities was $25.89 Mil.
Net Income was $-30.11 Mil.

Revenue was $0.00 Mil.
Gross Profit was $0.00 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (37.503 + 26.631) / 2 = $32.067 Mil.
Total Assets at the begining of last year (Dec23) was $37.50 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $10.47 Mil.
Total Current Liabilities was $20.36 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.

Elong Power Holding's current Net Income (TTM) was -5.57. ==> 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.

Elong Power Holding's current Cash Flow from Operations (TTM) was -2.67. ==> 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 (Dec24)
=-5.57/26.631
=-0.20915474

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-30.114/37.503
=-0.80297576

Elong Power Holding's return on assets of this year was -0.20915474. Elong Power Holding's return on assets of last year was -0.80297576. ==> 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.

Elong Power Holding's current Net Income (TTM) was -5.57. Elong Power Holding's current Cash Flow from Operations (TTM) was -2.67. ==> -2.67 > -5.57 ==> 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
=0.042/27.186
=0.00154491

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0/32.067
=0

Elong Power Holding's gearing of this year was 0.00154491. Elong Power Holding'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: Dec25)=Total Current Assets/Total Current Liabilities
=11.877/25.887
=0.45880172

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=10.471/20.362
=0.51424222

Elong Power Holding's current ratio of this year was 0.45880172. Elong Power Holding's current ratio of last year was 0.51424222. ==> 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.

Elong Power Holding's number of shares in issue this year was 0.001. Elong Power Holding's number of shares in issue last year was 0.001. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=0.083/2.053
=0.04042864

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0/0
=

Elong Power Holding's gross margin of this year was 0.04042864. Elong Power Holding's gross margin of last year was . ==> 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 (Dec24)
=2.053/26.631
=0.07709061

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=0/37.503
=0

Elong Power Holding's asset turnover of this year was 0.07709061. Elong Power Holding's asset turnover of last year was 0. ==> This year's asset turnover is higher. ==> Score 1.

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+1+0+0+1+1+1
=5

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

Elong Power Holding has an F-score of 5 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 5 mean?
Elong Power Holding (ELPW) has a Piotroski F-Score of 5 as of Aug. 22, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Elong Power Holding and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, Elong Power Holding's Piotroski F-Score has ranged from 3.00 to 5.00. According to the industry distribution chart, Elong Power Holding ranks #1327 out of 2967 companies in the Industrial Products industry, placing it in the top 44.7%.
Is Elong Power Holding's Piotroski F-Score too high?
Elong Power Holding's current Piotroski F-Score of 5 is 25% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 5.00. The Industrial Products industry median Piotroski F-Score is 5.00. Elong Power Holding's value of 5 is 0% at this industry median. Based on the distribution chart, Elong Power Holding ranks #1327 out of 2967 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Elong Power Holding has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Elong Power Holding's Piotroski F-Score compare to RAYA and KRFG?
According to the Industrial Products industry distribution chart, Elong Power Holding ranks #1327 out of 2967 companies for Piotroski F-Score. This puts Elong Power Holding in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Elong Power Holding's value of 5 is 0% at this benchmark. Historically, Elong Power Holding's own Piotroski F-Score has ranged from 3.00 to 5.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Elong Power Holding has consistently been at 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 Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,967 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. Elong Power Holding's current Piotroski F-Score of 5 is 0% at 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 Elong Power Holding and its competitors. For the Industrial Products 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. Elong Power Holding's current Piotroski F-Score is 5, which is 25% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elong Power Holding stock overvalued right now?
Elong Power Holding (ELPW) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is 25% above median its 10-year median of 4.00 and 0% at the Industrial Products industry median of 5.00. Elong Power Holding's overall GF Score™ is 6/100 with 7 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 Elong Power Holding (ELPW), the current Piotroski F-Score is 5 as of Aug. 22, 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.

Elong Power Holding Business Description

Address 3 Yan Jing Li Zhong Jie, Jiatai International Plaza, Block B, Room 2110, Beijing, CHN, 100025
Elong Power Holding Ltd specializes in the R&D, production and market application of battery packs, battery cells, lithium battery energy storage system complete equipment and supporting accessories. Its lower-cost, high power and fast-charging battery energy storage systems are designed specifically for commercial electric vehicles, specialty vehicles which require large-capacity energy storage systems, and various other scenarios. It is specialized in the R&D, manufacturing, sales and service of high-power lithium-ion batteries for electric vehicles and construction machinery, as well as large-capacity, long-cycle lithium-ion batteries for energy storage systems. It has determined that there is only one reportable operating segment.
6GF Score

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

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