Great Wall Terroir Holdings (HKSE:00524) Piotroski F-Score: 4 (As of Jul. 07, 2026) — 33% Above Median


HKSE:00524 Great Wall Terroir Holdings Ltd HKSE:00524
17 GF Score
Price HK$2.73
GF Value HK$0.34
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Great Wall Terroir Holdings Piotroski F-Score?

Great Wall Terroir Holdings HKSE:00524 -3.19% 17 Piotroski F-Score is 4 as of Jul. 07, 2026, which is 33% above its 10-year median of 3.00. GuruFocus rates HKSE:00524 with a GF Score™ of 17/100 and a GF Value™ of HK$0.34 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 354 Telecommunication Services companies, Great Wall Terroir Holdings ranks worse than 71.47% 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

Great Wall Terroir Holdings 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 Great Wall Terroir Holdings's Piotroski F-Score or its related term are showing as below:

HKSE:00524' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 3   Max: 6
Current: 4

During the past 13 years, the highest Piotroski F-Score of Great Wall Terroir Holdings was 6. The lowest was 1. And the median was 3.

Great Wall Terroir Holdings  (HKSE:00524) 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.


Great Wall Terroir Holdings Piotroski F-Score Related Terms


Great Wall Terroir Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Great Wall Terroir Holdings'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.

Great Wall Terroir Holdings Piotroski F-Score Chart

Great Wall Terroir Holdings 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 3.00 3.00 2.00 6.00 4.00

Great Wall Terroir Holdings 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 2.00 0.00 6.00 0.00 4.00

HKSE:00524 vs TMUS, VZ, T: Piotroski F-Score Comparison

For the Telecom Services subindustry, Great Wall Terroir Holdings'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.


Great Wall Terroir Holdings Piotroski F-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Great Wall Terroir Holdings's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Great Wall Terroir Holdings's Piotroski F-Score falls into.


HKSE:00524
17GF Score
Great Wall Terroir Holdings Ltd HKSE:00524
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$-30.5 Mil.
Cash Flow from Operations was HK$-15.8 Mil.
Revenue was HK$105.8 Mil.
Gross Profit was HK$5.7 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (67.082 + 57.47) / 2 = HK$62.276 Mil.
Total Assets at the begining of this year (Dec24) was HK$67.1 Mil.
Long-Term Debt & Capital Lease Obligation was HK$1.0 Mil.
Total Current Assets was HK$22.4 Mil.
Total Current Liabilities was HK$86.0 Mil.
Net Income was HK$-25.7 Mil.

Revenue was HK$81.2 Mil.
Gross Profit was HK$5.2 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (73.614 + 67.082) / 2 = HK$70.348 Mil.
Total Assets at the begining of last year (Dec23) was HK$73.6 Mil.
Long-Term Debt & Capital Lease Obligation was HK$2.7 Mil.
Total Current Assets was HK$19.7 Mil.
Total Current Liabilities was HK$62.7 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.

Great Wall Terroir Holdings's current Net Income (TTM) was -30.5. ==> 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.

Great Wall Terroir Holdings's current Cash Flow from Operations (TTM) was -15.8. ==> 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)
=-30.516/67.082
=-0.45490594

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-25.65/73.614
=-0.34843916

Great Wall Terroir Holdings's return on assets of this year was -0.45490594. Great Wall Terroir Holdings's return on assets of last year was -0.34843916. ==> 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.

Great Wall Terroir Holdings's current Net Income (TTM) was -30.5. Great Wall Terroir Holdings's current Cash Flow from Operations (TTM) was -15.8. ==> -15.8 > -30.5 ==> 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
=1.01/62.276
=0.01621813

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=2.749/70.348
=0.03907716

Great Wall Terroir Holdings's gearing of this year was 0.01621813. Great Wall Terroir Holdings's gearing of last year was 0.03907716. ==> 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
=22.391/85.962
=0.26047556

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=19.746/62.695
=0.31495335

Great Wall Terroir Holdings's current ratio of this year was 0.26047556. Great Wall Terroir Holdings's current ratio of last year was 0.31495335. ==> 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.

Great Wall Terroir Holdings's number of shares in issue this year was 196.928. Great Wall Terroir Holdings's number of shares in issue last year was 196.928. ==> 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
=5.738/105.835
=0.05421647

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=5.169/81.212
=0.06364823

Great Wall Terroir Holdings's gross margin of this year was 0.05421647. Great Wall Terroir Holdings's gross margin of last year was 0.06364823. ==> 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)
=105.835/67.082
=1.57769595

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=81.212/73.614
=1.10321406

Great Wall Terroir Holdings's asset turnover of this year was 1.57769595. Great Wall Terroir Holdings's asset turnover of last year was 1.10321406. ==> 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+1+0+1+0+1
=4

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

Great Wall Terroir Holdings has an F-score of 4 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 4 mean?
Great Wall Terroir Holdings (HKSE:00524) has a Piotroski F-Score of 4 as of Jul. 07, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Great Wall Terroir Holdings and its competitors. This is 33% above median its historical median of 3.00. Over the past decade, Great Wall Terroir Holdings' Piotroski F-Score has ranged from 1.00 to 6.00. According to the industry distribution chart, Great Wall Terroir Holdings ranks #253 out of 354 companies in the Telecommunication Services industry, placing it in the top 71.5%.
Is Great Wall Terroir Holdings' Piotroski F-Score too high?
Great Wall Terroir Holdings' current Piotroski F-Score of 4 is 33% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 6.00. The Telecommunication Services industry median Piotroski F-Score is 6.00. Great Wall Terroir Holdings' value of 4 is 33.3% below this industry median. Based on the distribution chart, Great Wall Terroir Holdings ranks #253 out of 354 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Great Wall Terroir Holdings has a GF Score™ of 17/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Great Wall Terroir Holdings' Piotroski F-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Great Wall Terroir Holdings ranks #253 out of 354 companies for Piotroski F-Score. This places Great Wall Terroir Holdings in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Great Wall Terroir Holdings' value of 4 is 33.3% below this benchmark. Historically, Great Wall Terroir Holdings' own Piotroski F-Score has ranged from 1.00 to 6.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 6.00, Great Wall Terroir Holdings 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 Telecommunication Services company?
The median Piotroski F-Score among Telecommunication Services companies is 6.00, based on 354 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. Great Wall Terroir Holdings's current Piotroski F-Score of 4 is 33.3% 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 Great Wall Terroir Holdings and its competitors. For the Telecommunication Services 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. Great Wall Terroir Holdings's current Piotroski F-Score is 4, which is 33% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Wall Terroir Holdings stock overvalued right now?
Based on GuruFocus' analysis, Great Wall Terroir Holdings (HKSE:00524) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.34, compared to a current price of HK$2.73 — trading 702.9% above its estimated fair value. The current Piotroski F-Score is 4, which is 33% above median its 10-year median of 3.00 and 33.3% below the Telecommunication Services industry median of 6.00. Great Wall Terroir Holdings' overall GF Score™ is 17/100 with 7 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 Great Wall Terroir Holdings (HKSE:00524), the current Piotroski F-Score is 4 as of Jul. 07, 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 Great Wall Terroir Holdings (HKSE:00524) Overvalued in 2026?

Based on GuruFocus' analysis, Great Wall Terroir Holdings stock appears to be overvalued. The current stock price of HK$2.73 is trading 702.9% above its estimated GF Value™ of HK$0.34. GuruFocus considers Great Wall Terroir Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:00524:

  • Piotroski F-Score: 4 (33% above median its 10-year median of 3.00)
  • GF Value™: HK$0.34 vs. price of HK$2.73 (702.9% above fair value)
  • GF Score™: 17/100 with 7 warning signs
  • Industry Position: 33.3% below the Telecommunication Services median (#253 of 354)

No single metric tells the full story. See the HKSE:00524 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Great Wall Terroir Holdings Business Description

Address 1 Sunning Road, Room 1903, 19th Floor, Lee Garden Three, Causeway Bay, Hong Kong, HKG
Great Wall Terroir Holdings Ltd is principally engaged in the telecommunication and information technology business. The business segments of the Group comprise telecommunication services, IT & distribution services, and property investment. The majority of revenue is from the Telecommunication services segment. Geographically, the Group's operations are located in Hong Kong and Singapore, of which the majority is from Singapore.
17GF Score

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

HK$2.73
Price
HK$0.34
GF Value