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What is Shirble Department Store Holdings (China) Piotroski F-Score?
Shirble Department Store Holdings (China)HKSE:00312 +4.26% Piotroski F-Score is 6 as of Aug. 25, 2026, which is 20% above its 10-year median of 5.00. The stock has 4 warning signs investors should review. Among 1,100 Retail - Cyclical companies, Shirble Department Store Holdings (China) ranks better than 70.27% 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
Shirble Department Store Holdings (China) has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Shirble Department Store Holdings (China) (HKSE:00312) 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.
Shirble Department Store Holdings (China) Piotroski F-Score Related Terms
Shirble Department Store Holdings (China) Piotroski F-Score Historical Data
* 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.
Shirble Department Store Holdings (China) Piotroski F-Score Chart
Shirble Department Store Holdings (China) Annual Data
For the Department Stores subindustry, Shirble Department Store Holdings (China)'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.
Shirble Department Store Holdings (China) Piotroski F-Score vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Shirble Department Store Holdings (China)'s Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Shirble Department Store Holdings (China)'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.
Shirble Department Store Holdings (China)'s current Net Income (TTM) was -106.5.
==> 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.
Shirble Department Store Holdings (China)'s current Cash Flow from Operations (TTM) was 78.8.
==> 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.
Shirble Department Store Holdings (China)'s return on assets of this year was -0.04597873. Shirble Department Store Holdings (China)'s return on assets of last year was -0.01407015.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Shirble Department Store Holdings (China)'s gearing of this year was 0.30019828. Shirble Department Store Holdings (China)'s gearing of last year was 0.31658632.
==> 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
Shirble Department Store Holdings (China)'s current ratio of this year was 0.18890462. Shirble Department Store Holdings (China)'s current ratio of last year was 0.61105456.
==> 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.
Shirble Department Store Holdings (China)'s number of shares in issue this year was 2495. Shirble Department Store Holdings (China)'s number of shares in issue last year was 2495.
==> 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.
Shirble Department Store Holdings (China)'s gross margin of this year was 0.9530443. Shirble Department Store Holdings (China)'s gross margin of last year was 0.94223027.
==> 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
Shirble Department Store Holdings (China)'s asset turnover of this year was 0.09111388. Shirble Department Store Holdings (China)'s asset turnover of last year was 0.08346659.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Shirble Department Store Holdings (China) has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Shirble Department Store Holdings (China) (HKSE:00312) has a Piotroski F-Score of 6 as of Aug. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Shirble Department Store Holdings (China) and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Shirble Department Store Holdings (China)'s Piotroski F-Score has ranged from 4.00 to 6.00. According to the industry distribution chart, Shirble Department Store Holdings (China) ranks #327 out of 1100 companies in the Retail - Cyclical industry, placing it in the top 29.7%.
Is Shirble Department Store Holdings (China)'s Piotroski F-Score too high?
Shirble Department Store Holdings (China)'s current Piotroski F-Score of 6 is 20% above 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 6.00. The Retail - Cyclical industry median Piotroski F-Score is 6.00. Shirble Department Store Holdings (China)'s value of 6 is 0% at this industry median. Based on the distribution chart, Shirble Department Store Holdings (China) ranks #327 out of 1100 companies in the Retail - Cyclical industry, which is above the industry midpoint.
How does Shirble Department Store Holdings (China)'s Piotroski F-Score compare to DDS?
According to the Retail - Cyclical industry distribution chart, Shirble Department Store Holdings (China) ranks #327 out of 1100 companies for Piotroski F-Score. This puts Shirble Department Store Holdings (China) in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Shirble Department Store Holdings (China)'s value of 6 is 0% at this benchmark. Historically, Shirble Department Store Holdings (China)'s own Piotroski F-Score has ranged from 4.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 6.00, Shirble Department Store Holdings (China) 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 Retail - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 6.00, based on 1,100 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. Shirble Department Store Holdings (China)'s current Piotroski F-Score of 6 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 Shirble Department Store Holdings (China) and its competitors. For the Retail - Cyclical industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shirble Department Store Holdings (China)'s current Piotroski F-Score is 6, which is 20% above 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 Shirble Department Store Holdings (China) stock overvalued right now?
Based on GuruFocus' analysis, Shirble Department Store Holdings (China) (HKSE:00312) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.06, compared to a current price of HK$0.05 — trading 18.3% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 0% at the Retail - Cyclical industry median of 6.00. 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 Shirble Department Store Holdings (China) (HKSE:00312), the current Piotroski F-Score is 6 as of Aug. 25, 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.
Shirble Department Store Holdings (China) Ltd is principally engaged in investment holding and the operation of department stores in the People's Republic of China. The Group operates through two reportable operating segments, including the department store business segment, which generates maximum revenue and is engaged in the operation of department stores, and the other segment comprising property business and unallocated items, mainly head office overheads. The Group generates revenue from the PRC.
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