Sipai Health Technology Co (HKSE:00314) Piotroski F-Score: 6 (As of Aug. 20, 2026) — 50% Above Median

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HKSE:00314 Sipai Health Technology Co Ltd HKSE:00314
64 GF Score
Price HK$1.50
GF Value HK$2.39
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Sipai Health Technology Co Piotroski F-Score?

Sipai Health Technology Co HKSE:00314 +2.40% 64 Piotroski F-Score is 6 as of Aug. 20, 2026, which is 50% above its 10-year median of 4.00. GuruFocus rates HKSE:00314 with a GF Score™ of 64/100 and a GF Value™ of HK$2.39 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 113 Medical Distribution companies, Sipai Health Technology Co ranks better than 71.68% 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

Sipai Health Technology Co 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 Sipai Health Technology Co's Piotroski F-Score or its related term are showing as below:

HKSE:00314' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 4   Max: 6
Current: 6

During the past 7 years, the highest Piotroski F-Score of Sipai Health Technology Co was 6. The lowest was 4. And the median was 4.

Sipai Health Technology Co  (HKSE:00314) 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.


Sipai Health Technology Co Piotroski F-Score Related Terms


Sipai Health Technology Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Sipai Health Technology 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.

Sipai Health Technology Co Piotroski F-Score Chart

Sipai Health Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 4.00 5.00 4.00 4.00 6.00

Sipai Health Technology Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.00 0.00 4.00 0.00 6.00

HKSE:00314 vs MCK, COR, CAH: Piotroski F-Score Comparison

For the Medical Distribution subindustry, Sipai Health Technology 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.


Sipai Health Technology Co Piotroski F-Score vs Medical Distribution Industry

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

* The bar in red indicates where Sipai Health Technology Co's Piotroski F-Score falls into.


HKSE:00314
64GF Score
Sipai Health Technology Co Ltd HKSE:00314
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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was HK$-137 Mil.
Cash Flow from Operations was HK$7 Mil.
Revenue was HK$2,288 Mil.
Gross Profit was HK$344 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (2418.589 + 1770.773) / 2 = HK$2094.681 Mil.
Total Assets at the begining of this year (Dec24) was HK$2,419 Mil.
Long-Term Debt & Capital Lease Obligation was HK$14 Mil.
Total Current Assets was HK$1,395 Mil.
Total Current Liabilities was HK$763 Mil.
Net Income was HK$-346 Mil.

Revenue was HK$4,874 Mil.
Gross Profit was HK$413 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (3079.031 + 2418.589) / 2 = HK$2748.81 Mil.
Total Assets at the begining of last year (Dec23) was HK$3,079 Mil.
Long-Term Debt & Capital Lease Obligation was HK$28 Mil.
Total Current Assets was HK$2,114 Mil.
Total Current Liabilities was HK$1,107 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.

Sipai Health Technology Co's current Net Income (TTM) was -137. ==> 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.

Sipai Health Technology Co's current Cash Flow from Operations (TTM) was 7. ==> 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 (Dec24)
=-137.281/2418.589
=-0.05676078

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-345.644/3079.031
=-0.1122574

Sipai Health Technology Co's return on assets of this year was -0.05676078. Sipai Health Technology Co's return on assets of last year was -0.1122574. ==> 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.

Sipai Health Technology Co's current Net Income (TTM) was -137. Sipai Health Technology Co's current Cash Flow from Operations (TTM) was 7. ==> 7 > -137 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=13.932/2094.681
=0.00665113

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=27.505/2748.81
=0.01000615

Sipai Health Technology Co's gearing of this year was 0.00665113. Sipai Health Technology Co's gearing of last year was 0.01000615. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=1394.785/762.55
=1.82910629

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=2114.126/1106.763
=1.91018854

Sipai Health Technology Co's current ratio of this year was 1.82910629. Sipai Health Technology Co's current ratio of last year was 1.91018854. ==> 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.

Sipai Health Technology Co's number of shares in issue this year was 602.055. Sipai Health Technology Co's number of shares in issue last year was 639.032. ==> 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
=343.929/2287.868
=0.15032729

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=412.584/4874.386
=0.08464328

Sipai Health Technology Co's gross margin of this year was 0.15032729. Sipai Health Technology Co's gross margin of last year was 0.08464328. ==> 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 (Dec24)
=2287.868/2418.589
=0.94595154

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=4874.386/3079.031
=1.58309091

Sipai Health Technology Co's asset turnover of this year was 0.94595154. Sipai Health Technology Co's asset turnover of last year was 1.58309091. ==> 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+1+1+1+0+1+1+0
=6

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

Sipai Health Technology Co 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?
Sipai Health Technology Co (HKSE:00314) has a Piotroski F-Score of 6 as of Aug. 20, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sipai Health Technology Co and its competitors. This is 50% above median its historical median of 4.00. Over the past decade, Sipai Health Technology Co's Piotroski F-Score has ranged from 4.00 to 6.00. According to the industry distribution chart, Sipai Health Technology Co ranks #32 out of 113 companies in the Medical Distribution industry, placing it in the top 28.3%.
Is Sipai Health Technology Co's Piotroski F-Score too high?
Sipai Health Technology Co's current Piotroski F-Score of 6 is 50% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 6.00. The Medical Distribution industry median Piotroski F-Score is 5.00. Sipai Health Technology Co's value of 6 is 20% above this industry median. Based on the distribution chart, Sipai Health Technology Co ranks #32 out of 113 companies in the Medical Distribution industry, which is above the industry midpoint. Overall, Sipai Health Technology Co has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sipai Health Technology Co's Piotroski F-Score compare to MCK and COR?
According to the Medical Distribution industry distribution chart, Sipai Health Technology Co ranks #32 out of 113 companies for Piotroski F-Score. This puts Sipai Health Technology Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Sipai Health Technology Co's value of 6 is 20% above this benchmark. Historically, Sipai Health Technology Co'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 4.00 vs. the industry median of 5.00, Sipai Health Technology Co 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 Medical Distribution company?
The median Piotroski F-Score among Medical Distribution companies is 5.00, based on 113 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. Sipai Health Technology Co'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 Sipai Health Technology 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. Sipai Health Technology Co's current Piotroski F-Score is 6, which is 50% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sipai Health Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Sipai Health Technology Co (HKSE:00314) is currently considered Possible Value Trap. The stock's GF Value™ is HK$2.39, compared to a current price of HK$1.50 — trading 37.4% below its estimated fair value. The current Piotroski F-Score is 6, which is 50% above median its 10-year median of 4.00 and 20% above the Medical Distribution industry median of 5.00. Sipai Health Technology Co's overall GF Score™ is 64/100 with 5 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 Sipai Health Technology Co (HKSE:00314), the current Piotroski F-Score is 6 as of Aug. 20, 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 Sipai Health Technology Co (HKSE:00314) Overvalued in 2026?

Based on GuruFocus' analysis, Sipai Health Technology Co stock appears to be undervalued. The current stock price of HK$1.50 is trading 37.4% below its estimated GF Value™ of HK$2.39. GuruFocus considers Sipai Health Technology Co to be Possible Value Trap.

Key valuation signals for HKSE:00314:

  • Piotroski F-Score: 6 (50% above median its 10-year median of 4.00)
  • GF Value™: HK$2.39 vs. price of HK$1.50 (37.4% below fair value)
  • GF Score™: 64/100 with 5 warning signs
  • Industry Position: 20% above the Medical Distribution median (#32 of 113)

No single metric tells the full story. See the HKSE:00314 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sipai Health Technology Co Business Description

Other Exchanges AX1:Germany
Address 128 Tianmu West Road, 1603-1605A, 16th Floor, Tower 1, Kerry Enterprise Center, Jing\'an District, Shanghai, CHN
Sipai Health Technology Co Ltd is a medical technology and health management company in China. The company has three reportable operating segments: Specialty Pharmacy Business - engaged in the operation and distribution of specialty pharmacy stores and pharmaceutical products; Physician Research Assistance Business - offering pharmaceutical companies and other clinical trial institutions site management organization services; Commercial Insurance Services Business - rendering insurance brokerage services to insurance companies and health management services to insurance carriers and enterprise clients. The company generates key revenue from the Specialty Pharmacy Business. Almost all of the company's revenues were derived from operations in the PRC.
64GF Score

Get the complete analysis for HKSE:00314

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

HK$1.50
Price
HK$2.39
GF Value