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Comtec Solar Systems GroupHKSE:00712 +5.08% Piotroski F-Score is 5 as of Jul. 23, 2026, which is 25% above its 10-year median of 4.00. The stock has 5 warning signs investors should review. Among 989 Semiconductors companies, Comtec Solar Systems Group ranks better than 61.27% 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
Comtec Solar Systems Group 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 Comtec Solar Systems Group's Piotroski F-Score or its related term are showing as below:
HKSE:00712'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 4 Max: 6
Current: 5
During the past 13 years, the highest Piotroski F-Score of Comtec Solar Systems Group was 6. The lowest was 1. And the median was 4.
Comtec Solar Systems Group (HKSE:00712) 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.
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.
Comtec Solar Systems Group Piotroski F-Score Related Terms
Comtec Solar Systems Group Piotroski F-Score Historical Data
* 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.
Comtec Solar Systems Group Piotroski F-Score Chart
HKSE:00712 vs FSLR, NXT, ENPH: Piotroski F-Score Comparison
For the Solar subindustry, Comtec Solar Systems 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.
Comtec Solar Systems Group Piotroski F-Score vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Comtec Solar Systems Group's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Comtec Solar Systems Group's Piotroski F-Score falls into.
* 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.
*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.
Comtec Solar Systems Group's current Net Income (TTM) was -70.2.
==> 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.
Comtec Solar Systems Group's current Cash Flow from Operations (TTM) was -53.1.
==> 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.
Comtec Solar Systems Group's return on assets of this year was -0.44961801. Comtec Solar Systems Group's return on assets of last year was -0.22811356.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Comtec Solar Systems Group's gearing of this year was 0.12890738. Comtec Solar Systems Group's gearing of last year was 0.24260735.
==> 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
Comtec Solar Systems Group's current ratio of this year was 0.5841933. Comtec Solar Systems Group's current ratio of last year was 0.32134209.
==> 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.
Comtec Solar Systems Group's number of shares in issue this year was 1059.923. Comtec Solar Systems Group's number of shares in issue last year was 1034.831.
==> 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.
Comtec Solar Systems Group's gross margin of this year was 0.12306314. Comtec Solar Systems Group's gross margin of last year was 0.06950392.
==> 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
Comtec Solar Systems Group's asset turnover of this year was 1.56511075. Comtec Solar Systems Group's asset turnover of last year was 0.76928104.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Comtec Solar Systems Group has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Comtec Solar Systems Group (HKSE:00712) has a Piotroski F-Score of 5 as of Jul. 23, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Comtec Solar Systems Group and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, Comtec Solar Systems Group's Piotroski F-Score has ranged from 1.00 to 6.00. According to the industry distribution chart, Comtec Solar Systems Group ranks #383 out of 989 companies in the Semiconductors industry, placing it in the top 38.7%.
Is Comtec Solar Systems Group's Piotroski F-Score too high?
Comtec Solar Systems Group's current Piotroski F-Score of 5 is 25% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 6.00. The Semiconductors industry median Piotroski F-Score is 5.00. Comtec Solar Systems Group's value of 5 is 0% at this industry median. Based on the distribution chart, Comtec Solar Systems Group ranks #383 out of 989 companies in the Semiconductors industry, which is above the industry midpoint.
How does Comtec Solar Systems Group's Piotroski F-Score compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Comtec Solar Systems Group ranks #383 out of 989 companies for Piotroski F-Score. This puts Comtec Solar Systems Group in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Comtec Solar Systems Group's value of 5 is 0% at this benchmark. Historically, Comtec Solar Systems Group's own Piotroski F-Score has ranged from 1.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Comtec Solar Systems Group has consistently been at 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 Semiconductors company?
The median Piotroski F-Score among Semiconductors companies is 5.00, based on 989 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. Comtec Solar Systems Group's current Piotroski F-Score of 5 is 0% at 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 Comtec Solar Systems Group and its competitors. For the Semiconductors 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. Comtec Solar Systems Group's current Piotroski F-Score is 5, which is 25% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comtec Solar Systems Group stock overvalued right now?
Based on GuruFocus' analysis, Comtec Solar Systems Group (HKSE:00712) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.16, compared to a current price of HK$0.06 — trading 61.3% below its estimated fair value. The current Piotroski F-Score is 5, which is 25% above median its 10-year median of 4.00 and 0% at the Semiconductors 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 Comtec Solar Systems Group (HKSE:00712), the current Piotroski F-Score is 5 as of Jul. 23, 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.
Comtec Solar Systems Group Ltd is an investment holding company. The company is engaged in operations of rooftop distributed power generation projects in industrial, commercial, and residential buildings and in sales of lithium battery power storage systems for electric vehicles and power storage customers. It also involves consulting services for the investment, development, construction, and operation of solar photovoltaic power stations. Its segments are Monocrystalline and solar products, and Solar and power storage products.
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