Piotroski F-Score is 7, 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 Resources Building Materials Technology Holdings has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
China Resources Building Materials Technology Holdings (FRA:C44) 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.
China Resources Building Materials Technology Holdings Piotroski F-Score Related Terms
China Resources Building Materials Technology Holdings 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.
China Resources Building Materials Technology Holdings Piotroski F-Score Chart
China Resources Building Materials Technology Holdings Annual Data
* 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 Resources Building Materials Technology Holdings Piotroski F-Score vs Building Materials Industry
* 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.
China Resources Building Materials Technology Holdings's current Net Income (TTM) was 58.
==> 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 Resources Building Materials Technology Holdings's current Cash Flow from Operations (TTM) was 425.
==> 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.
China Resources Building Materials Technology Holdings's return on assets of this year was 0.00615755. China Resources Building Materials Technology Holdings's return on assets of last year was 0.00295864.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
China Resources Building Materials Technology Holdings's gearing of this year was 0.14882546. China Resources Building Materials Technology Holdings's gearing of last year was 0.11473361.
==> 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
China Resources Building Materials Technology Holdings's current ratio of this year was 0.60807222. China Resources Building Materials Technology Holdings's current ratio of last year was 0.43871939.
==> This year's current ratio is higher. ==> Score 1.
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 Resources Building Materials Technology Holdings's number of shares in issue this year was 6947.203. China Resources Building Materials Technology Holdings's number of shares in issue last year was 7028.767.
==> 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.
China Resources Building Materials Technology Holdings's gross margin of this year was 0.16724998. China Resources Building Materials Technology Holdings's gross margin of last year was 0.16496092.
==> 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
China Resources Building Materials Technology Holdings's asset turnover of this year was 0.27045704. China Resources Building Materials Technology Holdings's asset turnover of last year was 0.32324142.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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7
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
China Resources Building Materials Technology Holdings has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
China Resources Building Materials Technology Holdings (FRA:C44) has a Piotroski F-Score of 7 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on China Resources Building Materials Technology Holdings and its competitors. This is near median its historical median of 7.00. Over the past decade, China Resources Building Materials Technology Holdings' Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, China Resources Building Materials Technology Holdings ranks #48 out of 394 companies in the Building Materials industry, placing it in the top 12.2%.
Is China Resources Building Materials Technology Holdings' Piotroski F-Score too high?
China Resources Building Materials Technology Holdings' current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Building Materials industry median Piotroski F-Score is 5.00. China Resources Building Materials Technology Holdings' value of 7 is 40% above this industry median. Based on the distribution chart, China Resources Building Materials Technology Holdings ranks #48 out of 394 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, China Resources Building Materials Technology Holdings has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Resources Building Materials Technology Holdings' Piotroski F-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, China Resources Building Materials Technology Holdings ranks #48 out of 394 companies for Piotroski F-Score. This places China Resources Building Materials Technology Holdings in the top 12% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. China Resources Building Materials Technology Holdings' value of 7 is 40% above this benchmark. Historically, China Resources Building Materials Technology Holdings' own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, China Resources Building Materials Technology Holdings 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 Building Materials company?
The median Piotroski F-Score among Building Materials companies is 5.00, based on 394 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 Resources Building Materials Technology Holdings's current Piotroski F-Score of 7 is 40% 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 Resources Building Materials Technology Holdings and its competitors. For the Building Materials 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 Resources Building Materials Technology Holdings's current Piotroski F-Score is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources Building Materials Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Resources Building Materials Technology Holdings (FRA:C44) is currently considered Possible Value Trap. The stock's GF Value™ is €0.17, compared to a current price of €0.10 — trading 40.6% below its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Building Materials industry median of 5.00. China Resources Building Materials Technology Holdings' overall GF Score™ is 80/100 with 5 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 Resources Building Materials Technology Holdings (FRA:C44), the current Piotroski F-Score is 7 as of Jun. 27, 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 Resources Building Materials Technology Holdings (FRA:C44) Overvalued in 2026?
Based on GuruFocus' analysis, China Resources Building Materials Technology Holdings stock appears to be undervalued.
The current stock price of €0.10 is trading 40.6% below its estimated GF Value™ of €0.17.
GuruFocus considers China Resources Building Materials Technology Holdings to be Possible Value Trap.
Key valuation signals for FRA:C44:
Piotroski F-Score: 7 (near median its 10-year median of 7.00)
GF Value™: €0.17 vs. price of €0.10 (40.6% below fair value)
Industry Position: 40% above the Building Materials median (#48 of 394)
No single metric tells the full story. See the FRA:C44 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Resources Building Materials Technology Holdings Business Description
CRBM mainly engages in the production and sale of cement, clinker, and concrete in Southern China. The company was established in 2003, with parent company China Resources Group holding around 68% of the total equity stake. While cement and clinker products have been the largest contributors to CRBM's earnings historically, the firm has forayed into related sectors such as aggregates and engineered stones in recent years. Its major customers include real estate and infrastructure builders in provinces such as Guangdong, Guangxi, and Fujian.
80GF 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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