HKPD (Cellyan Biotechnology Co) Piotroski F-Score: 5 (As of Jul. 14, 2026) — Near Median

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HKPD Cellyan Biotechnology Co Ltd HKPD
21 GF Score
Price $0.44
! 2 Warning Signs
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What is Cellyan Biotechnology Co Piotroski F-Score?

Cellyan Biotechnology Co HKPD -4.33% 21 Piotroski F-Score is 5 as of Jul. 14, 2026, which is at its 10-year median of 5.00. GuruFocus rates HKPD with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 112 Medical Distribution companies, Cellyan Biotechnology Co ranks better than 53.57% 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

Cellyan Biotechnology Co 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 Cellyan Biotechnology Co's Piotroski F-Score or its related term are showing as below:

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

During the past 3 years, the highest Piotroski F-Score of Cellyan Biotechnology Co was 5. The lowest was 5. And the median was 5.

Cellyan Biotechnology Co  (NAS:HKPD) 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.


Cellyan Biotechnology Co Piotroski F-Score Related Terms


Cellyan Biotechnology Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Cellyan Biotechnology Co'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.

Cellyan Biotechnology Co Piotroski F-Score Chart

Cellyan Biotechnology Co Annual Data
Trend Mar23 Mar24 Mar25
Piotroski F-Score
N/A N/A 5.00

Cellyan Biotechnology Co Semi-Annual Data
Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Piotroski F-Score Get a 7-Day Free Trial 0.00 N/A 0.00 5.00 0.00

HKPD vs COSM, SNYR, YI: Piotroski F-Score Comparison

For the Medical Distribution subindustry, Cellyan Biotechnology Co'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.


Cellyan Biotechnology Co Piotroski F-Score vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Cellyan Biotechnology Co's Piotroski F-Score distribution charts can be found below:

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


HKPD
21GF Score
Cellyan Biotechnology Co Ltd HKPD
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 (Mar25) TTM:Last Year (Mar24) TTM:
Net Income was $-0.03 Mil.
Cash Flow from Operations was $0.57 Mil.
Revenue was $20.31 Mil.
Gross Profit was $2.42 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was (8.667 + 9.417) / 2 = $9.042 Mil.
Total Assets at the begining of this year (Mar24) was $8.67 Mil.
Long-Term Debt & Capital Lease Obligation was $1.51 Mil.
Total Current Assets was $8.73 Mil.
Total Current Liabilities was $2.92 Mil.
Net Income was $1.33 Mil.

Revenue was $16.69 Mil.
Gross Profit was $3.56 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was (3.407 + 8.667) / 2 = $6.037 Mil.
Total Assets at the begining of last year (Mar23) was $3.41 Mil.
Long-Term Debt & Capital Lease Obligation was $1.24 Mil.
Total Current Assets was $7.80 Mil.
Total Current Liabilities was $3.18 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.

Cellyan Biotechnology Co's current Net Income (TTM) was -0.03. ==> 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.

Cellyan Biotechnology Co's current Cash Flow from Operations (TTM) was 0.57. ==> 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 (Mar24)
=-0.027/8.667
=-0.00311526

ROA (Last Year)=Net Income/Total Assets (Mar23)
=1.33/3.407
=0.39037276

Cellyan Biotechnology Co's return on assets of this year was -0.00311526. Cellyan Biotechnology Co's return on assets of last year was 0.39037276. ==> 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.

Cellyan Biotechnology Co's current Net Income (TTM) was -0.03. Cellyan Biotechnology Co's current Cash Flow from Operations (TTM) was 0.57. ==> 0.57 > -0.03 ==> 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: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=1.51/9.042
=0.16699845

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=1.237/6.037
=0.2049031

Cellyan Biotechnology Co's gearing of this year was 0.16699845. Cellyan Biotechnology Co's gearing of last year was 0.2049031. ==> 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: Mar25)=Total Current Assets/Total Current Liabilities
=8.727/2.917
=2.99177237

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=7.802/3.176
=2.45654912

Cellyan Biotechnology Co's current ratio of this year was 2.99177237. Cellyan Biotechnology Co's current ratio of last year was 2.45654912. ==> 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.

Cellyan Biotechnology Co's number of shares in issue this year was 10.205. Cellyan Biotechnology Co's number of shares in issue last year was 11. ==> 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
=2.415/20.314
=0.11888353

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3.559/16.688
=0.21326702

Cellyan Biotechnology Co's gross margin of this year was 0.11888353. Cellyan Biotechnology Co's gross margin of last year was 0.21326702. ==> 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 (Mar24)
=20.314/8.667
=2.34383293

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=16.688/3.407
=4.89815087

Cellyan Biotechnology Co's asset turnover of this year was 2.34383293. Cellyan Biotechnology Co's asset turnover of last year was 4.89815087. ==> 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
=0+1+0+1+1+1+1+0+0
=5

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

Cellyan Biotechnology Co 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?
Cellyan Biotechnology Co (HKPD) has a Piotroski F-Score of 5 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Cellyan Biotechnology Co and its competitors. This is near median its historical median of 5.00. Over the past decade, Cellyan Biotechnology Co's Piotroski F-Score has ranged from 5.00 to 5.00. According to the industry distribution chart, Cellyan Biotechnology Co ranks #52 out of 112 companies in the Medical Distribution industry, placing it in the top 46.4%.
Is Cellyan Biotechnology Co's Piotroski F-Score too high?
Cellyan Biotechnology Co'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 5.00 to a high of 5.00. The Medical Distribution industry median Piotroski F-Score is 5.00. Cellyan Biotechnology Co's value of 5 is 0% at this industry median. Based on the distribution chart, Cellyan Biotechnology Co ranks #52 out of 112 companies in the Medical Distribution industry, which is above the industry midpoint. Overall, Cellyan Biotechnology Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Cellyan Biotechnology Co's Piotroski F-Score compare to COSM and SNYR?
According to the Medical Distribution industry distribution chart, Cellyan Biotechnology Co ranks #52 out of 112 companies for Piotroski F-Score. This puts Cellyan Biotechnology Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Cellyan Biotechnology Co's value of 5 is 0% at this benchmark. Historically, Cellyan Biotechnology Co's own Piotroski F-Score has ranged from 5.00 to 5.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Cellyan Biotechnology Co 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 a Medical Distribution company?
The median Piotroski F-Score among Medical Distribution companies is 5.00, based on 112 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. Cellyan Biotechnology Co'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 Cellyan Biotechnology Co and its competitors. For the Medical Distribution 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. Cellyan Biotechnology Co'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 Cellyan Biotechnology Co stock overvalued right now?
Cellyan Biotechnology Co (HKPD) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Medical Distribution industry median of 5.00. Cellyan Biotechnology Co's overall GF Score™ is 21/100 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 Cellyan Biotechnology Co (HKPD), the current Piotroski F-Score is 5 as of Jul. 14, 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.

Cellyan Biotechnology Co Business Description

Address 13 Ko Fai Road, Room B1, 5th Floor, Well Town Industrial Building, Yau Tong, Kowloon, Hong Kong, HKG
Cellyan Biotechnology Co Ltd formerly, Hong Kong Pharma Digital Technology Holdings Ltd operates in two main categories: OTC pharmaceutical cross-border e-commerce supply chain services, conducted through its Hong Kong subsidiary, Joint Cross Border, which it refers to as the Supply Chain Services division, and OTC pharmaceutical cross-border procurement and distribution, conducted through its Hong Kong subsidiary, V-Alliance, which it referred to as the Procurement and Distribution division. Based in Hong Kong, Joint Cross Border has established itself as a provider of third-party supply chain services in Mainland China's OTC pharmaceutical cross-border e-commerce market.
21GF 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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