Dongwu Cement International (HKSE:00695) Piotroski F-Score: 5 (As of Sep. 09, 2026) — Near Median

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HKSE:00695 Dongwu Cement International Ltd HKSE:00695
38 GF Score
Price HK$7.88
GF Value HK$1.68
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Dongwu Cement International Piotroski F-Score?

Dongwu Cement International HKSE:00695 +0.96% 38 Piotroski F-Score is 5 as of Sep. 09, 2026, which is at its 10-year median of 5.00. GuruFocus rates HKSE:00695 with a GF Score™ of 38/100 and a GF Value™ of HK$1.68 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 397 Building Materials companies, Dongwu Cement International ranks worse than 51.13% 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

Dongwu Cement International has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

HKSE:00695' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 5   Max: 9
Current: 5

During the past 13 years, the highest Piotroski F-Score of Dongwu Cement International was 9. The lowest was 1. And the median was 5.

Dongwu Cement International  (HKSE:00695) 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.


Dongwu Cement International Piotroski F-Score Related Terms


Dongwu Cement International Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Dongwu Cement International'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.

Dongwu Cement International Piotroski F-Score Chart

Dongwu Cement International 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 4.00 3.00 3.00 1.00 5.00

Dongwu Cement International Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.00 1.00 0.00 5.00 0.00

HKSE:00695 vs CRH, MLM, VMC: Piotroski F-Score Comparison

For the Building Materials subindustry, Dongwu Cement International'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.


Dongwu Cement International Piotroski F-Score vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Dongwu Cement International's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Dongwu Cement International's Piotroski F-Score falls into.


HKSE:00695
38GF Score
Dongwu Cement International Ltd HKSE:00695
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$-66.8 Mil.
Cash Flow from Operations was HK$5.2 Mil.
Revenue was HK$215.2 Mil.
Gross Profit was HK$-11.6 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (1042.235 + 529.018) / 2 = HK$785.6265 Mil.
Total Assets at the begining of this year (Dec24) was HK$1,042.2 Mil.
Long-Term Debt & Capital Lease Obligation was HK$0.1 Mil.
Total Current Assets was HK$273.8 Mil.
Total Current Liabilities was HK$175.0 Mil.
Net Income was HK$-58.6 Mil.

Revenue was HK$184.8 Mil.
Gross Profit was HK$-5.5 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (1153.702 + 1042.235) / 2 = HK$1097.9685 Mil.
Total Assets at the begining of last year (Dec23) was HK$1,153.7 Mil.
Long-Term Debt & Capital Lease Obligation was HK$128.6 Mil.
Total Current Assets was HK$612.0 Mil.
Total Current Liabilities was HK$383.4 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.

Dongwu Cement International's current Net Income (TTM) was -66.8. ==> 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.

Dongwu Cement International's current Cash Flow from Operations (TTM) was 5.2. ==> 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)
=-66.797/1042.235
=-0.06409015

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-58.63/1153.702
=-0.05081902

Dongwu Cement International's return on assets of this year was -0.06409015. Dongwu Cement International's return on assets of last year was -0.05081902. ==> 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.

Dongwu Cement International's current Net Income (TTM) was -66.8. Dongwu Cement International's current Cash Flow from Operations (TTM) was 5.2. ==> 5.2 > -66.8 ==> 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
=0.067/785.6265
=8.528E-5

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=128.614/1097.9685
=0.11713815

Dongwu Cement International's gearing of this year was 8.528E-5. Dongwu Cement International's gearing of last year was 0.11713815. ==> 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
=273.821/174.985
=1.56482556

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=612.008/383.353
=1.5964607

Dongwu Cement International's current ratio of this year was 1.56482556. Dongwu Cement International's current ratio of last year was 1.5964607. ==> 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.

Dongwu Cement International's number of shares in issue this year was 552. Dongwu Cement International's number of shares in issue last year was 552. ==> 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
=-11.558/215.225
=-0.05370194

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=-5.512/184.84
=-0.02982039

Dongwu Cement International's gross margin of this year was -0.05370194. Dongwu Cement International's gross margin of last year was -0.02982039. ==> 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)
=215.225/1042.235
=0.20650333

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=184.84/1153.702
=0.16021468

Dongwu Cement International's asset turnover of this year was 0.20650333. Dongwu Cement International's asset turnover of last year was 0.16021468. ==> 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+1+0+1+1+0+1+0+1
=5

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

Dongwu Cement International has an F-score of 5 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 5 mean?
Dongwu Cement International (HKSE:00695) has a Piotroski F-Score of 5 as of Sep. 09, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Dongwu Cement International and its competitors. This is near median its historical median of 5.00. Over the past decade, Dongwu Cement International's Piotroski F-Score has ranged from 1.00 to 9.00. According to the industry distribution chart, Dongwu Cement International ranks #203 out of 397 companies in the Building Materials industry, placing it in the top 51.1%.
Is Dongwu Cement International's Piotroski F-Score too high?
Dongwu Cement International's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 9.00. The Building Materials industry median Piotroski F-Score is 6.00. Dongwu Cement International's value of 5 is 16.7% below this industry median. Based on the distribution chart, Dongwu Cement International ranks #203 out of 397 companies in the Building Materials industry, which is below the industry midpoint. Overall, Dongwu Cement International has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dongwu Cement International's Piotroski F-Score compare to CRH and MLM?
According to the Building Materials industry distribution chart, Dongwu Cement International ranks #203 out of 397 companies for Piotroski F-Score. This places Dongwu Cement International in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Dongwu Cement International's value of 5 is 16.7% below this benchmark. Historically, Dongwu Cement International's own Piotroski F-Score has ranged from 1.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 6.00, Dongwu Cement International 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 Building Materials company?
The median Piotroski F-Score among Building Materials companies is 6.00, based on 397 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. Dongwu Cement International's current Piotroski F-Score of 5 is 16.7% 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 Dongwu Cement International and its competitors. For the Building Materials 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. Dongwu Cement International's current Piotroski F-Score is 5, which is near 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 Dongwu Cement International stock overvalued right now?
Based on GuruFocus' analysis, Dongwu Cement International (HKSE:00695) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.68, compared to a current price of HK$7.88 — trading 369% above its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 16.7% below the Building Materials industry median of 6.00. Dongwu Cement International's overall GF Score™ is 38/100 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 Dongwu Cement International (HKSE:00695), the current Piotroski F-Score is 5 as of Sep. 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 Dongwu Cement International (HKSE:00695) Overvalued in 2026?

Based on GuruFocus' analysis, Dongwu Cement International stock appears to be overvalued. The current stock price of HK$7.88 is trading 369% above its estimated GF Value™ of HK$1.68. GuruFocus considers Dongwu Cement International to be Significantly Overvalued.

Key valuation signals for HKSE:00695:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: HK$1.68 vs. price of HK$7.88 (369% above fair value)
  • GF Score™: 38/100 with 4 warning signs
  • Industry Position: 16.7% below the Building Materials median (#203 of 397)

No single metric tells the full story. See the HKSE:00695 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dongwu Cement International Business Description

Address Fenhu Economic Development Zone, Lili Town, Jiangsu Province, Wujiang District, Suzhou, CHN
Dongwu Cement International Ltd is principally engaged in the production and export of cement. The company operates in segments namely Production and sale of cement, and Trading business. The company's revenue is generated from the Production and sale of cement. Geographically, the company operates in Jiangsu Province; Zhejiang Province; and Shanghai.
38GF Score

Get the complete analysis for HKSE:00695

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

HK$7.88
Price
HK$1.68
GF Value