China Lilang (FRA:5LX) Piotroski F-Score: 8 (As of Jul. 03, 2026) — 33% Above Median


FRA:5LX China Lilang Ltd FRA:5LX
83 GF Score
Price €0.38
GF Value €0.54
! 4 Warning Signs
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What is China Lilang Piotroski F-Score?

China Lilang FRA:5LX +1.08% 83 Piotroski F-Score is 8 as of Jul. 03, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates FRA:5LX with a GF Score™ of 83/100 and a GF Value™ of €0.54. The stock has 4 warning signs investors should review. Among 1,049 Manufacturing - Apparel & Accessories companies, China Lilang ranks better than 98.38% on this metric.

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

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

China Lilang 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 Lilang's Piotroski F-Score or its related term are showing as below:

FRA:5LX' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of China Lilang was 8. The lowest was 4. And the median was 6.

China Lilang  (FRA:5LX) 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 Lilang Piotroski F-Score Related Terms


China Lilang Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for China Lilang'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 Lilang Piotroski F-Score Chart

China Lilang 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 5.00 5.00 7.00 6.00 8.00

China Lilang 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 6.00 0.00 8.00

FRA:5LX vs RL, LEVI, VFC: Piotroski F-Score Comparison

For the Apparel Manufacturing subindustry, China Lilang'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 Lilang Piotroski F-Score vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China Lilang's Piotroski F-Score distribution charts can be found below:

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


FRA:5LX
83GF Score
China Lilang Ltd FRA:5LX
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 €60.9 Mil.
Cash Flow from Operations was €65.3 Mil.
Revenue was €493.5 Mil.
Gross Profit was €244.7 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (898.981 + 851.582) / 2 = €875.2815 Mil.
Total Assets at the begining of this year (Dec24) was €899.0 Mil.
Long-Term Debt & Capital Lease Obligation was €7.2 Mil.
Total Current Assets was €588.1 Mil.
Total Current Liabilities was €316.1 Mil.
Net Income was €60.5 Mil.

Revenue was €478.8 Mil.
Gross Profit was €228.1 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (835.123 + 898.981) / 2 = €867.052 Mil.
Total Assets at the begining of last year (Dec23) was €835.1 Mil.
Long-Term Debt & Capital Lease Obligation was €94.8 Mil.
Total Current Assets was €503.4 Mil.
Total Current Liabilities was €269.0 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 Lilang's current Net Income (TTM) was 60.9. ==> 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 Lilang's current Cash Flow from Operations (TTM) was 65.3. ==> 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)
=60.921/898.981
=0.06776673

ROA (Last Year)=Net Income/Total Assets (Dec23)
=60.484/835.123
=0.07242526

China Lilang's return on assets of this year was 0.06776673. China Lilang's return on assets of last year was 0.07242526. ==> Last year is higher ==> Score 0.

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 Lilang's current Net Income (TTM) was 60.9. China Lilang's current Cash Flow from Operations (TTM) was 65.3. ==> 65.3 > 60.9 ==> 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
=7.231/875.2815
=0.00826134

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=94.821/867.052
=0.10936022

China Lilang's gearing of this year was 0.00826134. China Lilang's gearing of last year was 0.10936022. ==> This year is lower or equal to last year. ==> Score 1.

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
=588.112/316.142
=1.86027798

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=503.442/268.989
=1.87160813

China Lilang's current ratio of this year was 1.86027798. China Lilang's current ratio of last year was 1.87160813. ==> 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 Lilang's number of shares in issue this year was 1197.485. China Lilang's number of shares in issue last year was 1197.485. ==> 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
=244.661/493.46
=0.49580716

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=228.141/478.764
=0.47652079

China Lilang's gross margin of this year was 0.49580716. China Lilang's gross margin of last year was 0.47652079. ==> 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)
=493.46/898.981
=0.54891038

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=478.764/835.123
=0.57328561

China Lilang's asset turnover of this year was 0.54891038. China Lilang's asset turnover of last year was 0.57328561. ==> 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+1+0+1+1+0
=6

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

China Lilang 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 8 mean?
China Lilang (FRA:5LX) has a Piotroski F-Score of 8 as of Jul. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on China Lilang and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, China Lilang's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, China Lilang ranks #17 out of 1049 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 1.6%.
Is China Lilang's Piotroski F-Score too high?
China Lilang's current Piotroski F-Score of 8 is 33% above 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 Manufacturing - Apparel & Accessories industry median Piotroski F-Score is 5.00. China Lilang's value of 8 is 60% above this industry median. Based on the distribution chart, China Lilang ranks #17 out of 1049 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, China Lilang has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does China Lilang's Piotroski F-Score compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, China Lilang ranks #17 out of 1049 companies for Piotroski F-Score. This places China Lilang in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. China Lilang's value of 8 is 60% above this benchmark. Historically, China Lilang'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, China Lilang 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 a Manufacturing - Apparel & Accessories company?
The median Piotroski F-Score among Manufacturing - Apparel & Accessories companies is 5.00, based on 1,049 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 Lilang's current Piotroski F-Score of 8 is 60% 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 Lilang and its competitors. For the Manufacturing - Apparel & Accessories 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 Lilang's current Piotroski F-Score is 8, which is 33% above 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 Lilang stock overvalued right now?
China Lilang (FRA:5LX) has a current Piotroski F-Score of 8. The stock's GF Value™ is €0.54, compared to a current price of €0.38 — trading 30.4% below its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Manufacturing - Apparel & Accessories industry median of 5.00. China Lilang's overall GF Score™ is 83/100 with 4 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 Lilang (FRA:5LX), the current Piotroski F-Score is 8 as of Jul. 03, 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 Lilang (FRA:5LX) Overvalued in 2026?

Based on GuruFocus' analysis, China Lilang stock appears to be undervalued. The current stock price of €0.38 is trading 30.4% below its estimated GF Value™ of €0.54.

Key valuation signals for FRA:5LX:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: €0.54 vs. price of €0.38 (30.4% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 60% above the Manufacturing - Apparel & Accessories median (#17 of 1049)

No single metric tells the full story. See the FRA:5LX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Lilang Business Description

Other Exchanges 01234:Hong Kong
Address 200 Chang Xing Road, Lilang Industrial Park, Fujian Province, Jinjiang, CHN, 362200
China Lilang Ltd is engaged in the manufacturing and sale of branded menswear and related accessories in the PRC. The company designs, sources and manufactures high-quality business and casual apparel for men and sells under the LILANZ and LESS IS MORE brands across an extensive retail and distribution network, covering 31 provinces, autonomous regions, and municipalities in the PRC. The company generates maximum revenue from China.
83GF Score

Get the complete analysis for FRA:5LX

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

€0.38
Price
€0.54
GF Value