Want Want China Holdings (HKSE:00151) Piotroski F-Score: 6 (As of Jul. 13, 2026) — Near Median

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HKSE:00151 Want Want China Holdings Ltd HKSE:00151
88 GF Score
Price HK$3.31
GF Value HK$5.08
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Want Want China Holdings Piotroski F-Score?

Want Want China Holdings HKSE:00151 -0.30% 88 Piotroski F-Score is 6 as of Jul. 13, 2026, which is at its 10-year median of 6.00. GuruFocus rates HKSE:00151 with a GF Score™ of 88/100 and a GF Value™ of HK$5.08 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,914 Consumer Packaged Goods companies, Want Want China Holdings ranks better than 73.2% 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

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

HKSE:00151' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Want Want China Holdings was 8. The lowest was 2. And the median was 6.

Want Want China Holdings  (HKSE:00151) 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.


Want Want China Holdings Piotroski F-Score Related Terms


Want Want China Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Want Want China Holdings'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.

Want Want China Holdings Piotroski F-Score Chart

Want Want China Holdings Annual Data
Trend Dec16 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 5.00 8.00 6.00 0.00

Want Want China Holdings Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only 8.00 0.00 6.00 0.00 0.00

HKSE:00151 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Want Want China Holdings'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.


Want Want China Holdings Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Want Want China Holdings's Piotroski F-Score distribution charts can be found below:

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


HKSE:00151
88GF Score
Want Want China Holdings Ltd HKSE:00151
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 HK$4,649 Mil.
Cash Flow from Operations was HK$4,462 Mil.
Revenue was HK$25,209 Mil.
Gross Profit was HK$11,997 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was (29826.653 + 29176.824) / 2 = HK$29501.7385 Mil.
Total Assets at the begining of this year (Mar24) was HK$29,827 Mil.
Long-Term Debt & Capital Lease Obligation was HK$664 Mil.
Total Current Assets was HK$14,016 Mil.
Total Current Liabilities was HK$9,152 Mil.
Net Income was HK$4,335 Mil.

Revenue was HK$25,622 Mil.
Gross Profit was HK$11,939 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was (29584.341 + 29826.653) / 2 = HK$29705.497 Mil.
Total Assets at the begining of last year (Mar23) was HK$29,584 Mil.
Long-Term Debt & Capital Lease Obligation was HK$2,726 Mil.
Total Current Assets was HK$13,998 Mil.
Total Current Liabilities was HK$8,955 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.

Want Want China Holdings's current Net Income (TTM) was 4,649. ==> 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.

Want Want China Holdings's current Cash Flow from Operations (TTM) was 4,462. ==> 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)
=4648.653/29826.653
=0.15585567

ROA (Last Year)=Net Income/Total Assets (Mar23)
=4334.858/29584.341
=0.14652542

Want Want China Holdings's return on assets of this year was 0.15585567. Want Want China Holdings's return on assets of last year was 0.14652542. ==> 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.

Want Want China Holdings's current Net Income (TTM) was 4,649. Want Want China Holdings's current Cash Flow from Operations (TTM) was 4,462. ==> 4,462 <= 4,649 ==> 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: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=664.203/29501.7385
=0.02251403

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=2726.448/29705.497
=0.09178261

Want Want China Holdings's gearing of this year was 0.02251403. Want Want China Holdings's gearing of last year was 0.09178261. ==> 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
=14015.758/9151.938
=1.53145246

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=13997.951/8954.552
=1.56322181

Want Want China Holdings's current ratio of this year was 1.53145246. Want Want China Holdings's current ratio of last year was 1.56322181. ==> 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.

Want Want China Holdings's number of shares in issue this year was 11809.766. Want Want China Holdings's number of shares in issue last year was 11859.671. ==> 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
=11997.213/25208.538
=0.47591864

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=11939.454/25621.862
=0.46598698

Want Want China Holdings's gross margin of this year was 0.47591864. Want Want China Holdings's gross margin of last year was 0.46598698. ==> 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 (Mar24)
=25208.538/29826.653
=0.84516818

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=25621.862/29584.341
=0.86606161

Want Want China Holdings's asset turnover of this year was 0.84516818. Want Want China Holdings's asset turnover of last year was 0.86606161. ==> 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+1+0
=6

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

Want Want China Holdings 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 6 mean?
Want Want China Holdings (HKSE:00151) has a Piotroski F-Score of 6 as of Jul. 13, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Want Want China Holdings and its competitors. This is near median its historical median of 6.00. Over the past decade, Want Want China Holdings' Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Want Want China Holdings ranks #513 out of 1914 companies in the Consumer Packaged Goods industry, placing it in the top 26.8%.
Is Want Want China Holdings' Piotroski F-Score too high?
Want Want China Holdings' current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Want Want China Holdings' value of 6 is 20% above this industry median. Based on the distribution chart, Want Want China Holdings ranks #513 out of 1914 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Want Want China Holdings has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Want Want China Holdings' Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Want Want China Holdings ranks #513 out of 1914 companies for Piotroski F-Score. This puts Want Want China Holdings in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Want Want China Holdings' value of 6 is 20% above this benchmark. Historically, Want Want China Holdings' own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Want Want China 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,914 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. Want Want China Holdings's current Piotroski F-Score of 6 is 20% 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 Want Want China Holdings and its competitors. For the Consumer Packaged Goods 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. Want Want China Holdings's current Piotroski F-Score is 6, which is near 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 Want Want China Holdings stock overvalued right now?
Based on GuruFocus' analysis, Want Want China Holdings (HKSE:00151) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$5.08, compared to a current price of HK$3.31 — trading 34.8% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Consumer Packaged Goods industry median of 5.00. Want Want China Holdings' overall GF Score™ is 88/100 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 Want Want China Holdings (HKSE:00151), the current Piotroski F-Score is 6 as of Jul. 13, 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 Want Want China Holdings (HKSE:00151) Overvalued in 2026?

Based on GuruFocus' analysis, Want Want China Holdings stock appears to be undervalued. The current stock price of HK$3.31 is trading 34.8% below its estimated GF Value™ of HK$5.08. GuruFocus considers Want Want China Holdings to be Significantly Undervalued.

Key valuation signals for HKSE:00151:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: HK$5.08 vs. price of HK$3.31 (34.8% below fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 20% above the Consumer Packaged Goods median (#513 of 1914)

No single metric tells the full story. See the HKSE:00151 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Want Want China Holdings Business Description

Other Exchanges WWNTY:USA4HQ:Germany
Address No. 18 Sheung Yuet Road, Units 07-08, 7th Floor, FTLife Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
Want Want is a leading player in the China packaged food and beverage sector. The company was founded in 1962 in Taiwan and entered the mainland Chinese market in 1989. Its flagship products, such as Hot-Kid milk and Want Want rice crackers, are market leaders in the respective segments. With a primary focus on mainland China, the company also exports to overseas markets. As of March 2025, Want Want China had 419 sales offices, 35 production bases, and 89 factories on the Chinese mainland and worked with around 10,000 distributors.
88GF Score

Get the complete analysis for HKSE:00151

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

HK$3.31
Price
HK$5.08
GF Value