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CMGE Technology GroupHKSE:00302 +1.68%47 Piotroski F-Score is 4 as of Jul. 21, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates HKSE:00302 with a GF Score™ of 47/100 and a GF Value™ of HK$0.56 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 552 Interactive Media companies, CMGE Technology Group ranks worse than 61.59% 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
CMGE Technology Group 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 CMGE Technology Group's Piotroski F-Score or its related term are showing as below:
HKSE:00302'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 7
Current: 4
During the past 10 years, the highest Piotroski F-Score of CMGE Technology Group was 7. The lowest was 2. And the median was 5.
CMGE Technology Group (HKSE:00302) 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.
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.
CMGE Technology Group Piotroski F-Score Related Terms
CMGE Technology Group Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for CMGE Technology 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.
HKSE:00302 vs NTES, EA, TTWO: Piotroski F-Score Comparison
For the Electronic Gaming & Multimedia subindustry, CMGE Technology 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.
CMGE Technology Group Piotroski F-Score vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, CMGE Technology Group's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where CMGE Technology Group'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.
CMGE Technology Group's current Net Income (TTM) was -1,625.
==> 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.
CMGE Technology Group's return on assets of this year was -0.29956388. CMGE Technology Group's return on assets of last year was -0.28984523.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
CMGE Technology Group's gearing of this year was 0.00059606. CMGE Technology Group's gearing of last year was 0.00162944.
==> 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
CMGE Technology Group's current ratio of this year was 0.85816674. CMGE Technology Group's current ratio of last year was 1.43890192.
==> 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.
CMGE Technology Group's number of shares in issue this year was 2995.414. CMGE Technology Group's number of shares in issue last year was 2823.325.
==> 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.
CMGE Technology Group's gross margin of this year was 0.32869113. CMGE Technology Group's gross margin of last year was 0.3124505.
==> 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
CMGE Technology Group's asset turnover of this year was 0.28299986. CMGE Technology Group's asset turnover of last year was 0.26576071.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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4
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
CMGE Technology Group has an F-score of 4 indicating the company's financial situation is typical for a stable company.
CMGE Technology Group (HKSE:00302) has a Piotroski F-Score of 4 as of Jul. 21, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on CMGE Technology Group and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, CMGE Technology Group's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, CMGE Technology Group ranks #340 out of 552 companies in the Interactive Media industry, placing it in the top 61.6%.
Is CMGE Technology Group's Piotroski F-Score too high?
CMGE Technology Group's current Piotroski F-Score of 4 is 20% below 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 7.00. The Interactive Media industry median Piotroski F-Score is 5.00. CMGE Technology Group's value of 4 is 20% below this industry median. Based on the distribution chart, CMGE Technology Group ranks #340 out of 552 companies in the Interactive Media industry, which is below the industry midpoint. Overall, CMGE Technology Group has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CMGE Technology Group's Piotroski F-Score compare to NTES and EA?
According to the Interactive Media industry distribution chart, CMGE Technology Group ranks #340 out of 552 companies for Piotroski F-Score. This places CMGE Technology Group in the lower half of its industry. The industry median Piotroski F-Score is 5.00. CMGE Technology Group's value of 4 is 20% below this benchmark. Historically, CMGE Technology Group's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, CMGE Technology Group 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 an Interactive Media company?
The median Piotroski F-Score among Interactive Media companies is 5.00, based on 552 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. CMGE Technology Group'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 CMGE Technology Group and its competitors. For the Interactive Media 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. CMGE Technology Group's current Piotroski F-Score is 4, which is 20% below 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 CMGE Technology Group stock overvalued right now?
Based on GuruFocus' analysis, CMGE Technology Group (HKSE:00302) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.56, compared to a current price of HK$0.18 — trading 67.5% below its estimated fair value. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Interactive Media industry median of 5.00. CMGE Technology Group's overall GF Score™ is 47/100 with 6 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 CMGE Technology Group (HKSE:00302), the current Piotroski F-Score is 4 as of Jul. 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.
Is CMGE Technology Group (HKSE:00302) Overvalued in 2026?
Based on GuruFocus' analysis, CMGE Technology Group stock appears to be undervalued.
The current stock price of HK$0.18 is trading 67.5% below its estimated GF Value™ of HK$0.56.
GuruFocus considers CMGE Technology Group to be Possible Value Trap.
Key valuation signals for HKSE:00302:
Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
GF Value™: HK$0.56 vs. price of HK$0.18 (67.5% below fair value)
Industry Position: 20% below the Interactive Media median (#340 of 552)
No single metric tells the full story. See the HKSE:00302 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CMGE Technology Group Ltd is a China-based mobile game developer and publisher. The company provides IP-oriented games for players throughout the world through independent research and development (R&D) and co-development efforts. The company continues with its excellent contents and amazing interaction experience by focusing on its Proprietary IP "Legend of Sword and Fairy".
47GF Score
Get the complete analysis for HKSE:00302
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