Hony Media Group (HKSE:00419) Piotroski F-Score: 3 (As of Jul. 17, 2026) — 25% Below Median

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HKSE:00419 Hony Media Group HKSE:00419
30 GF Score
Price HK$0.43
GF Value HK$0.34
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Hony Media Group Piotroski F-Score?

Hony Media Group HKSE:00419 +2.41% 30 Piotroski F-Score is 3 as of Jul. 17, 2026, which is 25% below its 10-year median of 4.00. GuruFocus rates HKSE:00419 with a GF Score™ of 30/100 and a GF Value™ of HK$0.34 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 648 Healthcare Providers & Services companies, Hony Media Group ranks worse than 83.33% on this metric.

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Hony Media Group has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for Hony Media Group's Piotroski F-Score or its related term are showing as below:

HKSE:00419' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 7
Current: 3

During the past 13 years, the highest Piotroski F-Score of Hony Media Group was 7. The lowest was 2. And the median was 4.

Hony Media Group  (HKSE:00419) 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.


Hony Media Group Piotroski F-Score Related Terms


Hony Media Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Hony Media 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.

Hony Media Group Piotroski F-Score Chart

Hony Media Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 3.00 5.00 4.00 3.00

Hony Media Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.00 0.00 4.00 0.00 3.00

HKSE:00419 vs VEEV, BTSG, TEM: Piotroski F-Score Comparison

For the Health Information Services subindustry, Hony Media 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.


Hony Media Group Piotroski F-Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Hony Media Group's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Hony Media Group's Piotroski F-Score falls into.


HKSE:00419
30GF Score
Hony Media Group HKSE:00419
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$-66.7 Mil.
Cash Flow from Operations was HK$-53.3 Mil.
Revenue was HK$570.1 Mil.
Gross Profit was HK$163.0 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (387.124 + 360.527) / 2 = HK$373.8255 Mil.
Total Assets at the begining of this year (Dec24) was HK$387.1 Mil.
Long-Term Debt & Capital Lease Obligation was HK$1.6 Mil.
Total Current Assets was HK$190.9 Mil.
Total Current Liabilities was HK$275.0 Mil.
Net Income was HK$-163.5 Mil.

Revenue was HK$1,018.5 Mil.
Gross Profit was HK$358.9 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (526.292 + 387.124) / 2 = HK$456.708 Mil.
Total Assets at the begining of last year (Dec23) was HK$526.3 Mil.
Long-Term Debt & Capital Lease Obligation was HK$139.8 Mil.
Total Current Assets was HK$178.5 Mil.
Total Current Liabilities was HK$175.7 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.

Hony Media Group's current Net Income (TTM) was -66.7. ==> 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.

Hony Media Group's current Cash Flow from Operations (TTM) was -53.3. ==> Negative ==> Score 0.

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)
=-66.717/387.124
=-0.17234013

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-163.489/526.292
=-0.31064314

Hony Media Group's return on assets of this year was -0.17234013. Hony Media Group's return on assets of last year was -0.31064314. ==> 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.

Hony Media Group's current Net Income (TTM) was -66.7. Hony Media Group's current Cash Flow from Operations (TTM) was -53.3. ==> -53.3 > -66.7 ==> 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
=1.626/373.8255
=0.00434962

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=139.825/456.708
=0.30615842

Hony Media Group's gearing of this year was 0.00434962. Hony Media Group's gearing of last year was 0.30615842. ==> 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
=190.883/274.956
=0.69423108

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=178.525/175.721
=1.01595711

Hony Media Group's current ratio of this year was 0.69423108. Hony Media Group's current ratio of last year was 1.01595711. ==> 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.

Hony Media Group's number of shares in issue this year was 1371.972. Hony Media Group's number of shares in issue last year was 1358.534. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=162.955/570.067
=0.28585236

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=358.859/1018.462
=0.35235384

Hony Media Group's gross margin of this year was 0.28585236. Hony Media Group's gross margin of last year was 0.35235384. ==> Last year's gross margin is higher ==> Score 0.

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)
=570.067/387.124
=1.47256951

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=1018.462/526.292
=1.93516527

Hony Media Group's asset turnover of this year was 1.47256951. Hony Media Group's asset turnover of last year was 1.93516527. ==> 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+0+0+0
=3

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

Hony Media Group has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 3 mean?
Hony Media Group (HKSE:00419) has a Piotroski F-Score of 3 as of Jul. 17, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Hony Media Group and its competitors. This is 25% below median its historical median of 4.00. Over the past decade, Hony Media Group's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Hony Media Group ranks #540 out of 648 companies in the Healthcare Providers & Services industry, placing it in the top 83.3%.
Is Hony Media Group's Piotroski F-Score too high?
Hony Media Group's current Piotroski F-Score of 3 is 25% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Healthcare Providers & Services industry median Piotroski F-Score is 5.00. Hony Media Group's value of 3 is 40% below this industry median. Based on the distribution chart, Hony Media Group ranks #540 out of 648 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Hony Media Group has a GF Score™ of 30/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hony Media Group's Piotroski F-Score compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Hony Media Group ranks #540 out of 648 companies for Piotroski F-Score. This places Hony Media Group in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Hony Media Group's value of 3 is 40% below this benchmark. Historically, Hony Media 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 4.00 vs. the industry median of 5.00, Hony Media 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 a Healthcare Providers & Services company?
The median Piotroski F-Score among Healthcare Providers & Services companies is 5.00, based on 648 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. Hony Media Group's current Piotroski F-Score of 3 is 40% 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 Hony Media Group and its competitors. For the Healthcare Providers & Services 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. Hony Media Group's current Piotroski F-Score is 3, which is 25% below 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 Hony Media Group stock overvalued right now?
Based on GuruFocus' analysis, Hony Media Group (HKSE:00419) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.34, compared to a current price of HK$0.43 — trading 25% above its estimated fair value. The current Piotroski F-Score is 3, which is 25% below median its 10-year median of 4.00 and 40% below the Healthcare Providers & Services industry median of 5.00. Hony Media Group's overall GF Score™ is 30/100 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 Hony Media Group (HKSE:00419), the current Piotroski F-Score is 3 as of Jul. 17, 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 Hony Media Group (HKSE:00419) Overvalued in 2026?

Based on GuruFocus' analysis, Hony Media Group stock appears to be overvalued. The current stock price of HK$0.43 is trading 25% above its estimated GF Value™ of HK$0.34. GuruFocus considers Hony Media Group to be Modestly Overvalued.

Key valuation signals for HKSE:00419:

  • Piotroski F-Score: 3 (25% below median its 10-year median of 4.00)
  • GF Value™: HK$0.34 vs. price of HK$0.43 (25% above fair value)
  • GF Score™: 30/100 with 6 warning signs
  • Industry Position: 40% below the Healthcare Providers & Services median (#540 of 648)

No single metric tells the full story. See the HKSE:00419 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hony Media Group Business Description

Address 89 Queensway, Suite 908, 9th Floor, Tower Two, Lippo Centre, Hong Kong, HKG
Hony Media Group is engaged in the development of international culture, media, and entertainment businesses. The Group conducts businesses in three main operating segments from continuing operations: Digitized operation services in the healthcare industry (Echartnow); Smart healthcare services platform; and Entertainment and media businesses. The company generates the majority of its revenue from Digitized operation services in the healthcare industry. Geographically, the company generates almost all of its revenue from PRC.
30GF Score

Get the complete analysis for HKSE:00419

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

HK$0.43
Price
HK$0.34
GF Value