UTime (FXHO) Piotroski F-Score: 4 (As of Aug. 21, 2026) — Near Median

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FXHO UTime Ltd FXHO
22 GF Score
Price $10.64
! 8 Warning Signs
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What is UTime Piotroski F-Score?

UTime FXHO +4.35% 22 Piotroski F-Score is 4 as of Aug. 21, 2026, which is at its 10-year median of 4.00. GuruFocus rates FXHO with a GF Score™ of 22/100. The stock has 8 warning signs investors should review. Among 2,424 Hardware companies, UTime ranks worse than 62.38% 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

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

FXHO' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 5
Current: 4

During the past 10 years, the highest Piotroski F-Score of UTime was 5. The lowest was 2. And the median was 4.

UTime  (NAS:FXHO) 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.


UTime Piotroski F-Score Related Terms


UTime Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for UTime'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.

UTime Piotroski F-Score Chart

UTime Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 4.00 3.00 2.00 4.00

UTime Semi-Annual Data
Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 3.00 0.00 2.00 0.00 4.00

FXHO vs ZEPP, UEIC, TKLS: Piotroski F-Score Comparison

For the Consumer Electronics subindustry, UTime'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.


UTime Piotroski F-Score vs Hardware Industry

For the Hardware industry and Technology sector, UTime's Piotroski F-Score distribution charts can be found below:

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


FXHO
22GF Score
UTime Ltd FXHO
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was $-4.04 Mil.
Cash Flow from Operations was $-21.23 Mil.
Revenue was $28.49 Mil.
Gross Profit was $0.29 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (28.421 + 64.874) / 2 = $46.6475 Mil.
Total Assets at the begining of this year (Mar25) was $28.42 Mil.
Long-Term Debt & Capital Lease Obligation was $0.78 Mil.
Total Current Assets was $59.45 Mil.
Total Current Liabilities was $42.08 Mil.
Net Income was $-92.44 Mil.

Revenue was $34.62 Mil.
Gross Profit was $0.98 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (90.252 + 28.421) / 2 = $59.3365 Mil.
Total Assets at the begining of last year (Mar24) was $90.25 Mil.
Long-Term Debt & Capital Lease Obligation was $1.05 Mil.
Total Current Assets was $22.30 Mil.
Total Current Liabilities was $46.04 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.

UTime's current Net Income (TTM) was -4.04. ==> 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.

UTime's current Cash Flow from Operations (TTM) was -21.23. ==> 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 (Mar25)
=-4.039/28.421
=-0.14211323

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-92.435/90.252
=-1.02418783

UTime's return on assets of this year was -0.14211323. UTime's return on assets of last year was -1.02418783. ==> 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.

UTime's current Net Income (TTM) was -4.04. UTime's current Cash Flow from Operations (TTM) was -21.23. ==> -21.23 <= -4.04 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=0.783/46.6475
=0.01678547

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=1.051/59.3365
=0.01771254

UTime's gearing of this year was 0.01678547. UTime's gearing of last year was 0.01771254. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=59.452/42.075
=1.41300059

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=22.301/46.037
=0.48441471

UTime's current ratio of this year was 1.41300059. UTime's current ratio of last year was 0.48441471. ==> 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.

UTime's number of shares in issue this year was 5.63. UTime's number of shares in issue last year was 0.072. ==> 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
=0.286/28.494
=0.0100372

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0.977/34.624
=0.02821742

UTime's gross margin of this year was 0.0100372. UTime's gross margin of last year was 0.02821742. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=28.494/28.421
=1.00256852

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=34.624/90.252
=0.38363693

UTime's asset turnover of this year was 1.00256852. UTime's asset turnover of last year was 0.38363693. ==> 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+0+1+1+0+0+1
=4

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

UTime has an F-score of 4 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 4 mean?
UTime (FXHO) has a Piotroski F-Score of 4 as of Aug. 21, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on UTime and its competitors. This is near median its historical median of 4.00. Over the past decade, UTime's Piotroski F-Score has ranged from 2.00 to 5.00. According to the industry distribution chart, UTime ranks #1512 out of 2424 companies in the Hardware industry, placing it in the top 62.4%.
Is UTime's Piotroski F-Score too high?
UTime's current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 5.00. The Hardware industry median Piotroski F-Score is 5.00. UTime's value of 4 is 20% below this industry median. Based on the distribution chart, UTime ranks #1512 out of 2424 companies in the Hardware industry, which is below the industry midpoint. Overall, UTime has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does UTime's Piotroski F-Score compare to ZEPP and UEIC?
According to the Hardware industry distribution chart, UTime ranks #1512 out of 2424 companies for Piotroski F-Score. This places UTime in the lower half of its industry. The industry median Piotroski F-Score is 5.00. UTime's value of 4 is 20% below this benchmark. Historically, UTime's own Piotroski F-Score has ranged from 2.00 to 5.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, UTime 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 Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,424 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. UTime'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 UTime and its competitors. For the Hardware 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. UTime's current Piotroski F-Score is 4, which is near 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 UTime stock overvalued right now?
UTime (FXHO) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Hardware industry median of 5.00. UTime's overall GF Score™ is 22/100 with 8 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 UTime (FXHO), the current Piotroski F-Score is 4 as of Aug. 21, 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.

UTime Business Description

Address No. 1006 Keyuan Road, 7th Floor, Room 702, Building 5A, Shenzhen Software Industry Base, Nanshan District, Shenzhen, CHN, 518061
UTime Ltd is engaged in the design, development, production, sales and brand operation of mobile phones, accessories and related consumer electronics. It also provides Electronics Manufacturing Services (EMS), including Original Equipment Manufacturer (OEM) and Original Design Manufacturer (ODM) services, for renowned brands. The company operates in China and its products are sold globally, including Mexico, Brazil, the United States, and other emerging markets in South Asia and Africa as well as Europe. It has two in-house brands, UTime, known as its middle-to-high end label and targets middle class consumers from emerging markets; as its low- to mid-end brand, is positioned to the grassroots consumers and price-sensitive consumers in emerging markets.
22GF 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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