China Jinmao Holdings Group (HKSE:00817) Piotroski F-Score: 6 (As of Aug. 28, 2026) — 50% Above Median

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HKSE:00817 China Jinmao Holdings Group Ltd HKSE:00817
53 GF Score
Price HK$1.57
GF Value HK$0.91
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is China Jinmao Holdings Group Piotroski F-Score?

China Jinmao Holdings Group HKSE:00817 -2.79% 53 Piotroski F-Score is 6 as of Aug. 28, 2026, which is 50% above its 10-year median of 4.00. GuruFocus rates HKSE:00817 with a GF Score™ of 53/100 and a GF Value™ of HK$0.91 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,749 Real Estate companies, China Jinmao Holdings Group ranks better than 78.62% 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

China Jinmao Holdings 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 China Jinmao Holdings Group's Piotroski F-Score or its related term are showing as below:

HKSE:00817' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 6
Current: 6

During the past 13 years, the highest Piotroski F-Score of China Jinmao Holdings Group was 6. The lowest was 2. And the median was 4.

China Jinmao Holdings Group  (HKSE:00817) 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.


China Jinmao Holdings Group Piotroski F-Score Related Terms


China Jinmao Holdings Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for China Jinmao Holdings 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.

China Jinmao Holdings Group Piotroski F-Score Chart

China Jinmao Holdings 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 4.00 2.00 3.00 5.00 6.00

China Jinmao Holdings 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 3.00 0.00 5.00 0.00 6.00

China Jinmao Holdings Group Piotroski F-Score Competitor Comparison

For the Real Estate - Development subindustry, China Jinmao Holdings 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.


China Jinmao Holdings Group Piotroski F-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, China Jinmao Holdings Group's Piotroski F-Score distribution charts can be found below:

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


HKSE:00817
53GF Score
China Jinmao Holdings Group Ltd HKSE:00817
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$1,384 Mil.
Cash Flow from Operations was HK$512 Mil.
Revenue was HK$65,589 Mil.
Gross Profit was HK$10,187 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (436951.645 + 487994.429) / 2 = HK$462473.037 Mil.
Total Assets at the begining of this year (Dec24) was HK$436,952 Mil.
Long-Term Debt & Capital Lease Obligation was HK$112,365 Mil.
Total Current Assets was HK$244,991 Mil.
Total Current Liabilities was HK$224,926 Mil.
Net Income was HK$1,137 Mil.

Revenue was HK$63,049 Mil.
Gross Profit was HK$9,179 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (445298.386 + 436951.645) / 2 = HK$441125.0155 Mil.
Total Assets at the begining of last year (Dec23) was HK$445,298 Mil.
Long-Term Debt & Capital Lease Obligation was HK$109,006 Mil.
Total Current Assets was HK$206,120 Mil.
Total Current Liabilities was HK$185,059 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.

China Jinmao Holdings Group's current Net Income (TTM) was 1,384. ==> 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.

China Jinmao Holdings Group's current Cash Flow from Operations (TTM) was 512. ==> 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)
=1384.442/436951.645
=0.00316841

ROA (Last Year)=Net Income/Total Assets (Dec23)
=1136.867/445298.386
=0.00255305

China Jinmao Holdings Group's return on assets of this year was 0.00316841. China Jinmao Holdings Group's return on assets of last year was 0.00255305. ==> 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.

China Jinmao Holdings Group's current Net Income (TTM) was 1,384. China Jinmao Holdings Group's current Cash Flow from Operations (TTM) was 512. ==> 512 <= 1,384 ==> CFROA <= ROA ==> Score 0.

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
=112364.727/462473.037
=0.24296493

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=109005.844/441125.0155
=0.24710873

China Jinmao Holdings Group's gearing of this year was 0.24296493. China Jinmao Holdings Group's gearing of last year was 0.24710873. ==> 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
=244991.165/224925.703
=1.08920929

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=206120.15/185058.578
=1.1138103

China Jinmao Holdings Group's current ratio of this year was 1.08920929. China Jinmao Holdings Group's current ratio of last year was 1.1138103. ==> 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.

China Jinmao Holdings Group's number of shares in issue this year was 13507.075. China Jinmao Holdings Group's number of shares in issue last year was 13500.67. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=10187.039/65588.993
=0.15531629

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=9178.655/63049.189
=0.14557927

China Jinmao Holdings Group's gross margin of this year was 0.15531629. China Jinmao Holdings Group's gross margin of last year was 0.14557927. ==> 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)
=65588.993/436951.645
=0.15010584

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=63049.189/445298.386
=0.14158863

China Jinmao Holdings Group's asset turnover of this year was 0.15010584. China Jinmao Holdings Group's asset turnover of last year was 0.14158863. ==> 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+0+1+0+0+1+1
=6

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

China Jinmao Holdings 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?
China Jinmao Holdings Group (HKSE:00817) has a Piotroski F-Score of 6 as of Aug. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on China Jinmao Holdings Group and its competitors. This is 50% above median its historical median of 4.00. Over the past decade, China Jinmao Holdings Group's Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, China Jinmao Holdings Group ranks #374 out of 1749 companies in the Real Estate industry, placing it in the top 21.4%.
Is China Jinmao Holdings Group's Piotroski F-Score too high?
China Jinmao Holdings Group's current Piotroski F-Score of 6 is 50% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 6.00. The Real Estate industry median Piotroski F-Score is 5.00. China Jinmao Holdings Group's value of 6 is 20% above this industry median. Based on the distribution chart, China Jinmao Holdings Group ranks #374 out of 1749 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, China Jinmao Holdings Group has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Jinmao Holdings Group's Piotroski F-Score compare to competitors?
According to the Real Estate industry distribution chart, China Jinmao Holdings Group ranks #374 out of 1749 companies for Piotroski F-Score. This places China Jinmao Holdings Group in the top 21% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. China Jinmao Holdings Group's value of 6 is 20% above this benchmark. Historically, China Jinmao Holdings Group's own Piotroski F-Score has ranged from 2.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, China Jinmao Holdings 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 Real Estate company?
The median Piotroski F-Score among Real Estate companies is 5.00, based on 1,749 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. China Jinmao Holdings 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 China Jinmao Holdings Group and its competitors. For the Real Estate 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. China Jinmao Holdings Group's current Piotroski F-Score is 6, which is 50% 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 China Jinmao Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, China Jinmao Holdings Group (HKSE:00817) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.91, compared to a current price of HK$1.57 — trading 72.5% above its estimated fair value. The current Piotroski F-Score is 6, which is 50% above median its 10-year median of 4.00 and 20% above the Real Estate industry median of 5.00. China Jinmao Holdings Group's overall GF Score™ is 53/100 with 7 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 China Jinmao Holdings Group (HKSE:00817), the current Piotroski F-Score is 6 as of Aug. 28, 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 China Jinmao Holdings Group (HKSE:00817) Overvalued in 2026?

Based on GuruFocus' analysis, China Jinmao Holdings Group stock appears to be overvalued. The current stock price of HK$1.57 is trading 72.5% above its estimated GF Value™ of HK$0.91. GuruFocus considers China Jinmao Holdings Group to be Significantly Overvalued.

Key valuation signals for HKSE:00817:

  • Piotroski F-Score: 6 (50% above median its 10-year median of 4.00)
  • GF Value™: HK$0.91 vs. price of HK$1.57 (72.5% above fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 20% above the Real Estate median (#374 of 1749)

No single metric tells the full story. See the HKSE:00817 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Jinmao Holdings Group Business Description

Other Exchanges 3F5:Germany
Address 1 Harbour Road, Room 4702-4703, 47th Floor, Office Tower, Convention Plaza, Wanchai, Hong Kong, HKG
China Jinmao, formerly known as Franshion Properties, is a mid-cap real estate developer in China. It listed on the Hong Kong stock exchange in 2007. As the real estate arm of Sinochem, a leading government-controlled chemical-producing conglomerate, China Jinmao focuses on the development of high-end residential projects in wealthy cities of China with premium pricing. It also engages in a unique city operation model, in which it has opportunities to participate in large-scale primary and secondary land development through specific agreements with local government. Under the mixed ownership reform initiative, China Jinmao brought in Ping An as a long-term financial investor and second-largest shareholder.
53GF Score

Get the complete analysis for HKSE:00817

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

HK$1.57
Price
HK$0.91
GF Value