CNT Group (HKSE:00701) Piotroski F-Score: 6 (As of Aug. 06, 2026) — 20% Above Median

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What is CNT Group Piotroski F-Score?

CNT Group HKSE:00701 Piotroski F-Score is 6 as of Aug. 06, 2026, which is 20% above its 10-year median of 5.00. The stock has 2 warning signs investors should review. Among 1,561 Chemicals companies, CNT Group ranks better than 76.3% 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

CNT Group has an F-score of 6 indicating the company's financial situation is typical for a stable company.

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

HKSE:00701' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 7
Current: 6

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

CNT Group  (HKSE:00701) 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.


CNT Group Piotroski F-Score Related Terms


CNT Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for CNT 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.

CNT Group Piotroski F-Score Chart

CNT 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 6.00 3.00 6.00 5.00 6.00

CNT 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 6.00 0.00 5.00 0.00 6.00

HKSE:00701 vs LIN, SHW, ECL: Piotroski F-Score Comparison

For the Specialty Chemicals subindustry, CNT 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.


CNT Group Piotroski F-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, CNT Group's Piotroski F-Score distribution charts can be found below:

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


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$-55.1 Mil.
Cash Flow from Operations was HK$16.5 Mil.
Revenue was HK$267.7 Mil.
Gross Profit was HK$118.0 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (1717.384 + 1647.342) / 2 = HK$1682.363 Mil.
Total Assets at the begining of this year (Dec24) was HK$1,717.4 Mil.
Long-Term Debt & Capital Lease Obligation was HK$66.8 Mil.
Total Current Assets was HK$458.5 Mil.
Total Current Liabilities was HK$232.0 Mil.
Net Income was HK$-77.4 Mil.

Revenue was HK$345.9 Mil.
Gross Profit was HK$144.6 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (1955.433 + 1717.384) / 2 = HK$1836.4085 Mil.
Total Assets at the begining of last year (Dec23) was HK$1,955.4 Mil.
Long-Term Debt & Capital Lease Obligation was HK$2.9 Mil.
Total Current Assets was HK$486.7 Mil.
Total Current Liabilities was HK$332.5 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.

CNT Group's current Net Income (TTM) was -55.1. ==> 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.

CNT Group's current Cash Flow from Operations (TTM) was 16.5. ==> 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)
=-55.139/1717.384
=-0.03210639

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-77.375/1955.433
=-0.03956924

CNT Group's return on assets of this year was -0.03210639. CNT Group's return on assets of last year was -0.03956924. ==> 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.

CNT Group's current Net Income (TTM) was -55.1. CNT Group's current Cash Flow from Operations (TTM) was 16.5. ==> 16.5 > -55.1 ==> 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
=66.817/1682.363
=0.03971616

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=2.889/1836.4085
=0.00157318

CNT Group's gearing of this year was 0.03971616. CNT Group's gearing of last year was 0.00157318. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=458.513/232
=1.97634914

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=486.732/332.471
=1.46398332

CNT Group's current ratio of this year was 1.97634914. CNT Group's current ratio of last year was 1.46398332. ==> 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.

CNT Group's number of shares in issue this year was 1903.686. CNT Group's number of shares in issue last year was 1903.686. ==> 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
=118.01/267.719
=0.440798

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=144.565/345.901
=0.4179375

CNT Group's gross margin of this year was 0.440798. CNT Group's gross margin of last year was 0.4179375. ==> 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)
=267.719/1717.384
=0.15588768

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=345.901/1955.433
=0.17689228

CNT Group's asset turnover of this year was 0.15588768. CNT Group's asset turnover of last year was 0.17689228. ==> 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+1+1+1+0+1+1+1+0
=6

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

CNT Group has an F-score of 6 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 6 mean?
CNT Group (HKSE:00701) has a Piotroski F-Score of 6 as of Aug. 06, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on CNT Group and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, CNT Group's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, CNT Group ranks #370 out of 1561 companies in the Chemicals industry, placing it in the top 23.7%.
Is CNT Group's Piotroski F-Score too high?
CNT Group's current Piotroski F-Score of 6 is 20% above 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 Chemicals industry median Piotroski F-Score is 5.00. CNT Group's value of 6 is 20% above this industry median. Based on the distribution chart, CNT Group ranks #370 out of 1561 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers.
How does CNT Group's Piotroski F-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, CNT Group ranks #370 out of 1561 companies for Piotroski F-Score. This places CNT Group in the top 24% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. CNT Group's value of 6 is 20% above this benchmark. Historically, CNT 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 5.00 vs. the industry median of 5.00, CNT Group 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 a Chemicals company?
The median Piotroski F-Score among Chemicals companies is 5.00, based on 1,561 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. CNT Group's current Piotroski F-Score of 6 is 20% 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 CNT Group and its competitors. For the Chemicals 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. CNT Group's current Piotroski F-Score is 6, which is 20% above 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 CNT Group stock overvalued right now?
Based on GuruFocus' analysis, CNT Group (HKSE:00701) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.14, compared to a current price of HK$0.10 — trading 29.3% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Chemicals industry median of 5.00. 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 CNT Group (HKSE:00701), the current Piotroski F-Score is 6 as of Aug. 06, 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.

CNT Group Business Description

Address 338 Hennessy Road, 28th Floor, Unit E, CNT Tower, Wanchai, Hong Kong, HKG
CNT Group Ltd is an investment holding company. The company is principally engaged in the manufacture and sale of paint products, property investment (including the investment properties for rental income potential or for sale, and the proposed elderly caring centre development in Hong Kong), hotel business and investment holding activities. The company has three principal business segments, namely (a) investment property business; (b) hotel business; and (c) paint and coating business. The majority of the company's revenue is derived from the paint products segment, which engages in the manufacture and sale of paint and coating products. Geographically, the maximum revenue is generated from Mainland China and the rest from Hong Kong.