Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Fujian HoldingsHKSE:00181 Piotroski F-Score is 5 as of Sep. 05, 2026, which is at its 10-year median of 5.00. The stock has 3 warning signs investors should review. Among 834 Travel & Leisure companies, Fujian Holdings ranks better than 51.68% 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
Fujian Holdings 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 Fujian Holdings's Piotroski F-Score or its related term are showing as below:
HKSE:00181'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 6
Current: 5
During the past 13 years, the highest Piotroski F-Score of Fujian Holdings was 6. The lowest was 2. And the median was 5.
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.
Fujian Holdings Piotroski F-Score Related Terms
Fujian Holdings Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Fujian 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.
HKSE:00181 vs MAR, HLT, H: Piotroski F-Score Comparison
For the Lodging subindustry, Fujian 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.
Fujian Holdings Piotroski F-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Fujian Holdings's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Fujian Holdings's Piotroski F-Score falls into.
* 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.
Fujian Holdings's current Net Income (TTM) was -15.12.
==> 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.
Fujian Holdings's return on assets of this year was -0.04268683. Fujian Holdings's return on assets of last year was -0.08484858.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Fujian Holdings's gearing of this year was 0. Fujian Holdings's gearing of last year was 0.0004809.
==> 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
Fujian Holdings's current ratio of this year was 3.33381314. Fujian Holdings's current ratio of last year was 3.75082302.
==> 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.
Fujian Holdings's number of shares in issue this year was 1145.546. Fujian Holdings's number of shares in issue last year was 1145.546.
==> 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.
Fujian Holdings's gross margin of this year was 0.77212875. Fujian Holdings's gross margin of last year was 0.7374948.
==> 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
Fujian Holdings's asset turnover of this year was 0.05402689. Fujian Holdings's asset turnover of last year was 0.06158365.
==> 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
+
0
+
1
+
1
+
1
+
0
+
1
+
1
+
0
=
5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Fujian Holdings has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Fujian Holdings (HKSE:00181) has a Piotroski F-Score of 5 as of Sep. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Fujian Holdings and its competitors. This is near median its historical median of 5.00. Over the past decade, Fujian Holdings' Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, Fujian Holdings ranks #403 out of 834 companies in the Travel & Leisure industry, placing it in the top 48.3%.
Is Fujian Holdings' Piotroski F-Score too high?
Fujian Holdings' 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 2.00 to a high of 6.00. The Travel & Leisure industry median Piotroski F-Score is 5.00. Fujian Holdings' value of 5 is 0% at this industry median. Based on the distribution chart, Fujian Holdings ranks #403 out of 834 companies in the Travel & Leisure industry, which is above the industry midpoint.
How does Fujian Holdings' Piotroski F-Score compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Fujian Holdings ranks #403 out of 834 companies for Piotroski F-Score. This puts Fujian Holdings in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Fujian Holdings' value of 5 is 0% at this benchmark. Historically, Fujian Holdings' own Piotroski F-Score has ranged from 2.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Fujian Holdings 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 Travel & Leisure company?
The median Piotroski F-Score among Travel & Leisure companies is 5.00, based on 834 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. Fujian Holdings'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 Fujian Holdings and its competitors. For the Travel & Leisure 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. Fujian Holdings'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 Fujian Holdings stock overvalued right now?
Based on GuruFocus' analysis, Fujian Holdings (HKSE:00181) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.07, compared to a current price of HK$0.09 — trading 25.7% 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 Travel & Leisure industry median of 5.00. 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 Fujian Holdings (HKSE:00181), the current Piotroski F-Score is 5 as of Sep. 05, 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.
Fujian Holdings Ltd is an investment holding company. Along with its subsidiaries, it is engaged in the hotel and property investment business. The group's reportable operating segments are Property Investment and Hotel Operations. The Property Investment segment is involved in the rental of investment properties, and the Hotel Operations segment operates hotels. The group derives a majority of its revenue from the Hotel Operations segment. Geographically, it derives maximum revenue from Mainland China and the rest from Hong Kong.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:00181 has been successfully added to your 
