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New Gonow Recreational VehiclesHKSE:00805 +0.12%19 Piotroski F-Score is 4 as of Sep. 11, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates HKSE:00805 with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 1,301 Vehicles & Parts companies, New Gonow Recreational Vehicles ranks worse than 70.33% 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
New Gonow Recreational Vehicles 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 New Gonow Recreational Vehicles's Piotroski F-Score or its related term are showing as below:
HKSE:00805'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 8
Current: 4
During the past 5 years, the highest Piotroski F-Score of New Gonow Recreational Vehicles was 8. The lowest was 4. And the median was 6.
New Gonow Recreational Vehicles (HKSE:00805) 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.
New Gonow Recreational Vehicles Piotroski F-Score Related Terms
New Gonow Recreational Vehicles 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.
New Gonow Recreational Vehicles Piotroski F-Score Chart
HKSE:00805 vs BC, THO, PII: Piotroski F-Score Comparison
For the Recreational Vehicles subindustry, New Gonow Recreational Vehicles'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.
New Gonow Recreational Vehicles Piotroski F-Score vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, New Gonow Recreational Vehicles's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where New Gonow Recreational Vehicles'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.
New Gonow Recreational Vehicles's current Net Income (TTM) was 34.
==> 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.
New Gonow Recreational Vehicles's current Cash Flow from Operations (TTM) was -78.
==> 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.
New Gonow Recreational Vehicles's return on assets of this year was 0.05695941. New Gonow Recreational Vehicles's return on assets of last year was 0.10605988.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
New Gonow Recreational Vehicles's gearing of this year was 0.08185765. New Gonow Recreational Vehicles's gearing of last year was 0.13895369.
==> 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
New Gonow Recreational Vehicles's current ratio of this year was 1.64063346. New Gonow Recreational Vehicles's current ratio of last year was 0.98672623.
==> 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.
New Gonow Recreational Vehicles's number of shares in issue this year was 952.11. New Gonow Recreational Vehicles's number of shares in issue last year was 960.
==> 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.
New Gonow Recreational Vehicles's gross margin of this year was 0.27221834. New Gonow Recreational Vehicles's gross margin of last year was 0.31072298.
==> 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
New Gonow Recreational Vehicles's asset turnover of this year was 1.61039482. New Gonow Recreational Vehicles's asset turnover of last year was 2.11520253.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
New Gonow Recreational Vehicles has an F-score of 4 indicating the company's financial situation is typical for a stable company.
New Gonow Recreational Vehicles (HKSE:00805) has a Piotroski F-Score of 4 as of Sep. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on New Gonow Recreational Vehicles and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, New Gonow Recreational Vehicles' Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, New Gonow Recreational Vehicles ranks #915 out of 1301 companies in the Vehicles & Parts industry, placing it in the top 70.3%.
Is New Gonow Recreational Vehicles' Piotroski F-Score too high?
New Gonow Recreational Vehicles' current Piotroski F-Score of 4 is 33% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Vehicles & Parts industry median Piotroski F-Score is 6.00. New Gonow Recreational Vehicles' value of 4 is 33.3% below this industry median. Based on the distribution chart, New Gonow Recreational Vehicles ranks #915 out of 1301 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, New Gonow Recreational Vehicles has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does New Gonow Recreational Vehicles' Piotroski F-Score compare to BC and THO?
According to the Vehicles & Parts industry distribution chart, New Gonow Recreational Vehicles ranks #915 out of 1301 companies for Piotroski F-Score. This places New Gonow Recreational Vehicles in the lower half of its industry. The industry median Piotroski F-Score is 6.00. New Gonow Recreational Vehicles' value of 4 is 33.3% below this benchmark. Historically, New Gonow Recreational Vehicles' own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, New Gonow Recreational Vehicles 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 6.00, based on 1,301 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. New Gonow Recreational Vehicles'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 New Gonow Recreational Vehicles and its competitors. For the Vehicles & Parts 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. New Gonow Recreational Vehicles's current Piotroski F-Score is 4, which is 33% below 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 New Gonow Recreational Vehicles stock overvalued right now?
New Gonow Recreational Vehicles (HKSE:00805) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 33.3% below the Vehicles & Parts industry median of 6.00. New Gonow Recreational Vehicles' overall GF Score™ is 19/100 with 3 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 New Gonow Recreational Vehicles (HKSE:00805), the current Piotroski F-Score is 4 as of Sep. 11, 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.
New Gonow Recreational Vehicles Inc is a a recreational vehicle enterprise with an presence in Australasia that designs, develops, manufactures and sells bespoke towable RVs. It has nearly 49 RV models, which were all standard caravans, spanning eight distinct series under three characteristic brands, namely Snowy River, Regent and NEWGEN. The company has two geographical revenue: Australia and New Zealand. Australia generated key revenue for the company.
19GF Score
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