GGPXF (G-Resources Group) Piotroski F-Score: 5 (As of Jun. 30, 2026) — Near Median


GGPXF G-Resources Group Ltd GGPXF
42 GF Score
Price $1.11
GF Value $0.28
Valuation Significantly Overvalued
! 2 Warning Signs
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What is G-Resources Group Piotroski F-Score?

G-Resources Group GGPXF 42 Piotroski F-Score is 5 as of Jun. 30, 2026, which is at its 10-year median of 5.00. GuruFocus rates GGPXF with a GF Score™ of 42/100 and a GF Value™ of $0.28 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,594 Asset Management companies, G-Resources Group ranks better than 65.12% 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

G-Resources Group 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 G-Resources Group's Piotroski F-Score or its related term are showing as below:

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

During the past 13 years, the highest Piotroski F-Score of G-Resources Group was 8. The lowest was 4. And the median was 5.

G-Resources Group  (OTCPK:GGPXF) 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.


G-Resources Group Piotroski F-Score Related Terms


G-Resources Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for G-Resources Group'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.

G-Resources Group Piotroski F-Score Chart

G-Resources Group 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 4.00 8.00 5.00 5.00

G-Resources Group 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 8.00 0.00 5.00 0.00 5.00

GGPXF vs BLK, BX, KKR: Piotroski F-Score Comparison

For the Asset Management subindustry, G-Resources 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.


G-Resources Group Piotroski F-Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, G-Resources Group's Piotroski F-Score distribution charts can be found below:

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


GGPXF
42GF Score
G-Resources Group Ltd GGPXF
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 $98.67 Mil.
Cash Flow from Operations was $8.68 Mil.
Revenue was $16.43 Mil.
Gross Profit was $16.43 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (1615.452 + 1707.141) / 2 = $1661.2965 Mil.
Total Assets at the begining of this year (Dec24) was $1,615.45 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $779.98 Mil.
Total Current Liabilities was $37.10 Mil.
Net Income was $47.53 Mil.

Revenue was $18.83 Mil.
Gross Profit was $18.83 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (1568.243 + 1615.452) / 2 = $1591.8475 Mil.
Total Assets at the begining of last year (Dec23) was $1,568.24 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $880.40 Mil.
Total Current Liabilities was $33.58 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.

G-Resources Group's current Net Income (TTM) was 98.67. ==> 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.

G-Resources Group's current Cash Flow from Operations (TTM) was 8.68. ==> 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)
=98.671/1615.452
=0.0610795

ROA (Last Year)=Net Income/Total Assets (Dec23)
=47.531/1568.243
=0.03030844

G-Resources Group's return on assets of this year was 0.0610795. G-Resources Group's return on assets of last year was 0.03030844. ==> 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.

G-Resources Group's current Net Income (TTM) was 98.67. G-Resources Group's current Cash Flow from Operations (TTM) was 8.68. ==> 8.68 <= 98.67 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=0/1661.2965
=0

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0/1591.8475
=0

G-Resources Group's gearing of this year was 0. G-Resources Group's gearing of last year was 0. ==> 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
=779.983/37.096
=21.0260675

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=880.401/33.584
=26.214894

G-Resources Group's current ratio of this year was 21.0260675. G-Resources Group's current ratio of last year was 26.214894. ==> 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.

G-Resources Group's number of shares in issue this year was 450.814. G-Resources Group's number of shares in issue last year was 450.814. ==> 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
=16.427/16.427
=1

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=18.827/18.827
=1

G-Resources Group's gross margin of this year was 1. G-Resources Group's gross margin of last year was 1. ==> 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 (Dec24)
=16.427/1615.452
=0.01016867

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=18.827/1568.243
=0.01200515

G-Resources Group's asset turnover of this year was 0.01016867. G-Resources Group's asset turnover of last year was 0.01200515. ==> 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+1+0+1+0+1+0+0
=5

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

G-Resources Group 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?
G-Resources Group (GGPXF) has a Piotroski F-Score of 5 as of Jun. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on G-Resources Group and its competitors. This is near median its historical median of 5.00. Over the past decade, G-Resources Group's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, G-Resources Group ranks #556 out of 1594 companies in the Asset Management industry, placing it in the top 34.9%.
Is G-Resources Group's Piotroski F-Score too high?
G-Resources Group's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Asset Management industry median Piotroski F-Score is 5.00. G-Resources Group's value of 5 is 0% at this industry median. Based on the distribution chart, G-Resources Group ranks #556 out of 1594 companies in the Asset Management industry, which is above the industry midpoint. Overall, G-Resources Group has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does G-Resources Group's Piotroski F-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, G-Resources Group ranks #556 out of 1594 companies for Piotroski F-Score. This puts G-Resources Group in the upper half of its industry. The industry median Piotroski F-Score is 5.00. G-Resources Group's value of 5 is 0% at this benchmark. Historically, G-Resources 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 5.00 vs. the industry median of 5.00, G-Resources Group 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 Asset Management company?
The median Piotroski F-Score among Asset Management companies is 5.00, based on 1,594 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. G-Resources Group'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 G-Resources Group and its competitors. For the Asset Management 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. G-Resources Group's current Piotroski F-Score is 5, which is near median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is G-Resources Group stock overvalued right now?
Based on GuruFocus' analysis, G-Resources Group (GGPXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.28, compared to a current price of $1.11 — trading 296.4% above its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Asset Management industry median of 5.00. G-Resources Group's overall GF Score™ is 42/100 with 2 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 G-Resources Group (GGPXF), the current Piotroski F-Score is 5 as of Jun. 30, 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 G-Resources Group (GGPXF) Overvalued in 2026?

Based on GuruFocus' analysis, G-Resources Group stock appears to be overvalued. The current stock price of $1.11 is trading 296.4% above its estimated GF Value™ of $0.28. GuruFocus considers G-Resources Group to be Significantly Overvalued.

Key valuation signals for GGPXF:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: $0.28 vs. price of $1.11 (296.4% above fair value)
  • GF Score™: 42/100 with 2 warning signs
  • Industry Position: 0% at the Asset Management median (#556 of 1594)

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


G-Resources Group Business Description

Other Exchanges 01051:Hong Kong
Address No. 151 Gloucester Road, Room 1801, 18th Floor, Capital Centre, Wanchai, Hong Kong, HKG
G-Resources Group Ltd is an investment and financial services company. It offers various financial services, including securities brokerage services, placing and underwriting services, corporate finance advisory services, provision of margin financing, money lending business, and investment advisory and asset management services. The company's operating segments are: Financial Services, Principal Investment, and Real Property. Maximum revenue is generated from the Principal Investment business, which is involved in managing a portfolio of investments in listed shares, listed senior notes, listed perpetual notes, unlisted investment funds, unlisted equity investments, unlisted hedge funds, and other similar instruments. Geographically, the company derives maximum revenue from Hong Kong.
42GF Score

Get the complete analysis for GGPXF

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

$1.11
Price
$0.28
GF Value