Dingyi Group Investment (HKSE:00508) Piotroski F-Score: 3 (As of Aug. 15, 2026) — 40% Below Median

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HKSE:00508 Dingyi Group Investment Ltd HKSE:00508
36 GF Score
Price HK$0.33
GF Value HK$0.16
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Dingyi Group Investment Piotroski F-Score?

Dingyi Group Investment HKSE:00508 36 Piotroski F-Score is 3 as of Aug. 15, 2026, which is 40% below its 10-year median of 5.00. GuruFocus rates HKSE:00508 with a GF Score™ of 36/100 and a GF Value™ of HK$0.16 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 534 Credit Services companies, Dingyi Group Investment ranks worse than 75.09% 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

Dingyi Group Investment 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 Dingyi Group Investment's Piotroski F-Score or its related term are showing as below:

HKSE:00508' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 7
Current: 3

During the past 13 years, the highest Piotroski F-Score of Dingyi Group Investment was 7. The lowest was 2. And the median was 5.

Dingyi Group Investment  (HKSE:00508) 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.


Dingyi Group Investment Piotroski F-Score Related Terms


Dingyi Group Investment Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Dingyi Group Investment'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.

Dingyi Group Investment Piotroski F-Score Chart

Dingyi Group Investment Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 7.00 6.00 2.00 3.00

Dingyi Group Investment Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 6.00 0.00 2.00 0.00 3.00

HKSE:00508 vs V, MA, AXP: Piotroski F-Score Comparison

For the Credit Services subindustry, Dingyi Group Investment'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.


Dingyi Group Investment Piotroski F-Score vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Dingyi Group Investment's Piotroski F-Score distribution charts can be found below:

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


HKSE:00508
36GF Score
Dingyi Group Investment Ltd HKSE:00508
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was HK$-424.3 Mil.
Cash Flow from Operations was HK$-14.7 Mil.
Revenue was HK$331.1 Mil.
Gross Profit was HK$-167.7 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (2408.279 + 2242.677) / 2 = HK$2325.478 Mil.
Total Assets at the begining of this year (Mar25) was HK$2,408.3 Mil.
Long-Term Debt & Capital Lease Obligation was HK$854.0 Mil.
Total Current Assets was HK$2,146.2 Mil.
Total Current Liabilities was HK$460.4 Mil.
Net Income was HK$-138.2 Mil.

Revenue was HK$279.7 Mil.
Gross Profit was HK$59.9 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (2644.228 + 2408.279) / 2 = HK$2526.2535 Mil.
Total Assets at the begining of last year (Mar24) was HK$2,644.2 Mil.
Long-Term Debt & Capital Lease Obligation was HK$28.9 Mil.
Total Current Assets was HK$2,273.1 Mil.
Total Current Liabilities was HK$1,315.5 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.

Dingyi Group Investment's current Net Income (TTM) was -424.3. ==> 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.

Dingyi Group Investment's current Cash Flow from Operations (TTM) was -14.7. ==> 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 (Mar25)
=-424.302/2408.279
=-0.17618474

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-138.195/2644.228
=-0.05226289

Dingyi Group Investment's return on assets of this year was -0.17618474. Dingyi Group Investment's return on assets of last year was -0.05226289. ==> Last year is higher ==> Score 0.

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.

Dingyi Group Investment's current Net Income (TTM) was -424.3. Dingyi Group Investment's current Cash Flow from Operations (TTM) was -14.7. ==> -14.7 > -424.3 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=854.01/2325.478
=0.36724063

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=28.92/2526.2535
=0.01144778

Dingyi Group Investment's gearing of this year was 0.36724063. Dingyi Group Investment's gearing of last year was 0.01144778. ==> Last year is lower than this year ==> Score 0.

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: Mar26)=Total Current Assets/Total Current Liabilities
=2146.23/460.386
=4.66180553

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=2273.094/1315.45
=1.72799726

Dingyi Group Investment's current ratio of this year was 4.66180553. Dingyi Group Investment's current ratio of last year was 1.72799726. ==> This year's current ratio is higher. ==> Score 1.

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.

Dingyi Group Investment's number of shares in issue this year was 850.678. Dingyi Group Investment's number of shares in issue last year was 810.665. ==> 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
=-167.737/331.121
=-0.50657313

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=59.947/279.708
=0.21431993

Dingyi Group Investment's gross margin of this year was -0.50657313. Dingyi Group Investment's gross margin of last year was 0.21431993. ==> 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 (Mar25)
=331.121/2408.279
=0.13749279

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=279.708/2644.228
=0.10578059

Dingyi Group Investment's asset turnover of this year was 0.13749279. Dingyi Group Investment's asset turnover of last year was 0.10578059. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+0+0+1+0+1+0+0+1
=3

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

Dingyi Group Investment 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?
Dingyi Group Investment (HKSE:00508) has a Piotroski F-Score of 3 as of Aug. 15, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Dingyi Group Investment and its competitors. This is 40% below median its historical median of 5.00. Over the past decade, Dingyi Group Investment's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Dingyi Group Investment ranks #401 out of 534 companies in the Credit Services industry, placing it in the top 75.1%.
Is Dingyi Group Investment's Piotroski F-Score too high?
Dingyi Group Investment's current Piotroski F-Score of 3 is 40% 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 Credit Services industry median Piotroski F-Score is 5.00. Dingyi Group Investment's value of 3 is 40% below this industry median. Based on the distribution chart, Dingyi Group Investment ranks #401 out of 534 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Dingyi Group Investment has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dingyi Group Investment's Piotroski F-Score compare to V and MA?
According to the Credit Services industry distribution chart, Dingyi Group Investment ranks #401 out of 534 companies for Piotroski F-Score. This places Dingyi Group Investment in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Dingyi Group Investment's value of 3 is 40% below this benchmark. Historically, Dingyi Group Investment'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, Dingyi Group Investment 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 Credit Services company?
The median Piotroski F-Score among Credit Services companies is 5.00, based on 534 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. Dingyi Group Investment'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 Dingyi Group Investment and its competitors. For the Credit 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. Dingyi Group Investment's current Piotroski F-Score is 3, which is 40% 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 Dingyi Group Investment stock overvalued right now?
Based on GuruFocus' analysis, Dingyi Group Investment (HKSE:00508) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.16, compared to a current price of HK$0.33 — trading 103.1% above its estimated fair value. The current Piotroski F-Score is 3, which is 40% below median its 10-year median of 5.00 and 40% below the Credit Services industry median of 5.00. Dingyi Group Investment's overall GF Score™ is 36/100 with 4 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 Dingyi Group Investment (HKSE:00508), the current Piotroski F-Score is 3 as of Aug. 15, 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 Dingyi Group Investment (HKSE:00508) Overvalued in 2026?

Based on GuruFocus' analysis, Dingyi Group Investment stock appears to be overvalued. The current stock price of HK$0.33 is trading 103.1% above its estimated GF Value™ of HK$0.16. GuruFocus considers Dingyi Group Investment to be Significantly Overvalued.

Key valuation signals for HKSE:00508:

  • Piotroski F-Score: 3 (40% below median its 10-year median of 5.00)
  • GF Value™: HK$0.16 vs. price of HK$0.33 (103.1% above fair value)
  • GF Score™: 36/100 with 4 warning signs
  • Industry Position: 40% below the Credit Services median (#401 of 534)

No single metric tells the full story. See the HKSE:00508 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dingyi Group Investment Business Description

Address 1 Harbour Road, Units 2703, 27th Floor, Convention Plaza - Office Tower, Wanchai, Hong Kong, HKG
Dingyi Group Investment Ltd is a Hong-based company engaged in loan financing, securities trading, and other businesses. The operating segments include securities trading business; loan financing business; food and beverage catering service business; and property development business of which it generates the majority of the revenue from the property development business. The group's revenue is located only in PRC.
36GF Score

Get the complete analysis for HKSE:00508

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

HK$0.33
Price
HK$0.16
GF Value