CHTC Fong's International Co (HKSE:00641) Piotroski F-Score: 8 (As of Aug. 09, 2026) — 33% Above Median

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HKSE:00641 CHTC Fong's International Co Ltd HKSE:00641
39 GF Score
Price HK$0.37
GF Value HK$0.30
Valuation Modestly Overvalued
! 6 Warning Signs
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What is CHTC Fong's International Co Piotroski F-Score?

CHTC Fong's International Co HKSE:00641 -1.33% 39 Piotroski F-Score is 8 as of Aug. 09, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates HKSE:00641 with a GF Score™ of 39/100 and a GF Value™ of HK$0.30 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,944 Industrial Products companies, CHTC Fong's International Co ranks better than 97.79% on this metric.

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

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

CHTC Fong's International Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for CHTC Fong's International Co's Piotroski F-Score or its related term are showing as below:

HKSE:00641' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of CHTC Fong's International Co was 8. The lowest was 3. And the median was 6.

CHTC Fong's International Co  (HKSE:00641) 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.


CHTC Fong's International Co Piotroski F-Score Related Terms


CHTC Fong's International Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for CHTC Fong's International 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.

CHTC Fong's International Co Piotroski F-Score Chart

CHTC Fong's International Co 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 7.00 4.00 4.00 6.00 8.00

CHTC Fong's International Co 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 4.00 0.00 6.00 0.00 8.00

HKSE:00641 vs GEV, ETN, PH: Piotroski F-Score Comparison

For the Specialty Industrial Machinery subindustry, CHTC Fong's International 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.


CHTC Fong's International Co Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, CHTC Fong's International Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where CHTC Fong's International Co's Piotroski F-Score falls into.


HKSE:00641
39GF Score
CHTC Fong's International Co Ltd HKSE:00641
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$4 Mil.
Cash Flow from Operations was HK$79 Mil.
Revenue was HK$2,147 Mil.
Gross Profit was HK$560 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (3332.881 + 3479.887) / 2 = HK$3406.384 Mil.
Total Assets at the begining of this year (Dec24) was HK$3,333 Mil.
Long-Term Debt & Capital Lease Obligation was HK$99 Mil.
Total Current Assets was HK$984 Mil.
Total Current Liabilities was HK$2,335 Mil.
Net Income was HK$-118 Mil.

Revenue was HK$1,968 Mil.
Gross Profit was HK$497 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (3449.021 + 3332.881) / 2 = HK$3390.951 Mil.
Total Assets at the begining of last year (Dec23) was HK$3,449 Mil.
Long-Term Debt & Capital Lease Obligation was HK$304 Mil.
Total Current Assets was HK$1,171 Mil.
Total Current Liabilities was HK$1,971 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.

CHTC Fong's International Co's current Net Income (TTM) was 4. ==> Positive ==> Score 1.

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.

CHTC Fong's International Co's current Cash Flow from Operations (TTM) was 79. ==> 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)
=4.202/3332.881
=0.00126077

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-118.42/3449.021
=-0.03433438

CHTC Fong's International Co's return on assets of this year was 0.00126077. CHTC Fong's International Co's return on assets of last year was -0.03433438. ==> 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.

CHTC Fong's International Co's current Net Income (TTM) was 4. CHTC Fong's International Co's current Cash Flow from Operations (TTM) was 79. ==> 79 > 4 ==> 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
=98.705/3406.384
=0.02897647

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=303.524/3390.951
=0.08950999

CHTC Fong's International Co's gearing of this year was 0.02897647. CHTC Fong's International Co's gearing of last year was 0.08950999. ==> 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
=984.184/2334.776
=0.42153252

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=1171.398/1970.913
=0.59434282

CHTC Fong's International Co's current ratio of this year was 0.42153252. CHTC Fong's International Co's current ratio of last year was 0.59434282. ==> 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.

CHTC Fong's International Co's number of shares in issue this year was 1100.217. CHTC Fong's International Co's number of shares in issue last year was 1100.217. ==> 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
=560.214/2146.824
=0.26095013

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=497.262/1968.433
=0.2526182

CHTC Fong's International Co's gross margin of this year was 0.26095013. CHTC Fong's International Co's gross margin of last year was 0.2526182. ==> 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)
=2146.824/3332.881
=0.64413461

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=1968.433/3449.021
=0.57072224

CHTC Fong's International Co's asset turnover of this year was 0.64413461. CHTC Fong's International Co's asset turnover of last year was 0.57072224. ==> 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
=1+1+1+1+1+0+1+1+1
=8

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

CHTC Fong's International Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
CHTC Fong's International Co (HKSE:00641) has a Piotroski F-Score of 8 as of Aug. 09, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on CHTC Fong's International Co and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, CHTC Fong's International Co's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, CHTC Fong's International Co ranks #65 out of 2944 companies in the Industrial Products industry, placing it in the top 2.2%.
Is CHTC Fong's International Co's Piotroski F-Score too high?
CHTC Fong's International Co's current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Industrial Products industry median Piotroski F-Score is 5.00. CHTC Fong's International Co's value of 8 is 60% above this industry median. Based on the distribution chart, CHTC Fong's International Co ranks #65 out of 2944 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, CHTC Fong's International Co has a GF Score™ of 39/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CHTC Fong's International Co's Piotroski F-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, CHTC Fong's International Co ranks #65 out of 2944 companies for Piotroski F-Score. This places CHTC Fong's International Co in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. CHTC Fong's International Co's value of 8 is 60% above this benchmark. Historically, CHTC Fong's International Co's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, CHTC Fong's International 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,944 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. CHTC Fong's International Co's current Piotroski F-Score of 8 is 60% 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 CHTC Fong's International Co and its competitors. For the Industrial Products 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. CHTC Fong's International Co's current Piotroski F-Score is 8, which is 33% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CHTC Fong's International Co stock overvalued right now?
Based on GuruFocus' analysis, CHTC Fong's International Co (HKSE:00641) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.30, compared to a current price of HK$0.37 — trading 23.3% above its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Industrial Products industry median of 5.00. CHTC Fong's International Co's overall GF Score™ is 39/100 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 CHTC Fong's International Co (HKSE:00641), the current Piotroski F-Score is 8 as of Aug. 09, 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 CHTC Fong's International Co (HKSE:00641) Overvalued in 2026?

Based on GuruFocus' analysis, CHTC Fong's International Co stock appears to be overvalued. The current stock price of HK$0.37 is trading 23.3% above its estimated GF Value™ of HK$0.30. GuruFocus considers CHTC Fong's International Co to be Modestly Overvalued.

Key valuation signals for HKSE:00641:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: HK$0.30 vs. price of HK$0.37 (23.3% above fair value)
  • GF Score™: 39/100 with 6 warning signs
  • Industry Position: 60% above the Industrial Products median (#65 of 2944)

No single metric tells the full story. See the HKSE:00641 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CHTC Fong's International Co Business Description

Address 1018 Tai Nan West Street, Units 2201 & 2203, Orient International Tower, Cheung Sha Wan, Hong Kong, HKG
CHTC Fong's International Co Ltd is engaged in the manufacture and sale of dyeing and finishing machines, manufacture and sale of stainless-steel casting products and trading of stainless-steel supplies. The company's segment includes Sale of dyeing and finishing machines; Sale of stainless-steel casting products and stainless steel supply chain. Majority of the revenue is derived from Sale of dyeing and finishing machines. The group's operations are located mainly in Hong Kong, Mainland China and Asia Pacific (other than Mainland China and Hong Kong), Europe, North and South America, and Others.
39GF Score

Get the complete analysis for HKSE:00641

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

HK$0.37
Price
HK$0.30
GF Value