Shengrong Holding (HKSE:00834) Piotroski F-Score: 5 (As of Aug. 18, 2026) — 17% Below Median

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HKSE:00834 Shengrong Holding Ltd HKSE:00834
45 GF Score
Price HK$0.26
GF Value HK$0.23
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Shengrong Holding Piotroski F-Score?

Shengrong Holding HKSE:00834 +7.00% 45 Piotroski F-Score is 5 as of Aug. 18, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates HKSE:00834 with a GF Score™ of 45/100 and a GF Value™ of HK$0.23 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,910 Consumer Packaged Goods companies, Shengrong Holding ranks better than 51.1% 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

Shengrong Holding 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 Shengrong Holding's Piotroski F-Score or its related term are showing as below:

HKSE:00834' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 6   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Shengrong Holding was 8. The lowest was 1. And the median was 6.

Shengrong Holding  (HKSE:00834) 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.


Shengrong Holding Piotroski F-Score Related Terms


Shengrong Holding Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Shengrong Holding'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.

Shengrong Holding Piotroski F-Score Chart

Shengrong Holding 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 3.00 6.00 5.00 1.00 5.00

Shengrong Holding 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 5.00 0.00 1.00 0.00 5.00

HKSE:00834 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Shengrong Holding'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.


Shengrong Holding Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shengrong Holding's Piotroski F-Score distribution charts can be found below:

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


HKSE:00834
45GF Score
Shengrong Holding Ltd HKSE:00834
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$-19 Mil.
Cash Flow from Operations was HK$22 Mil.
Revenue was HK$2,052 Mil.
Gross Profit was HK$103 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (1413.13 + 1431.216) / 2 = HK$1422.173 Mil.
Total Assets at the begining of this year (Dec24) was HK$1,413 Mil.
Long-Term Debt & Capital Lease Obligation was HK$124 Mil.
Total Current Assets was HK$703 Mil.
Total Current Liabilities was HK$710 Mil.
Net Income was HK$-23 Mil.

Revenue was HK$1,762 Mil.
Gross Profit was HK$79 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (1730.497 + 1413.13) / 2 = HK$1571.8135 Mil.
Total Assets at the begining of last year (Dec23) was HK$1,730 Mil.
Long-Term Debt & Capital Lease Obligation was HK$97 Mil.
Total Current Assets was HK$698 Mil.
Total Current Liabilities was HK$727 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.

Shengrong Holding's current Net Income (TTM) was -19. ==> 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.

Shengrong Holding's current Cash Flow from Operations (TTM) was 22. ==> 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)
=-19.202/1413.13
=-0.01358828

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-22.926/1730.497
=-0.01324822

Shengrong Holding's return on assets of this year was -0.01358828. Shengrong Holding's return on assets of last year was -0.01324822. ==> 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.

Shengrong Holding's current Net Income (TTM) was -19. Shengrong Holding's current Cash Flow from Operations (TTM) was 22. ==> 22 > -19 ==> 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
=123.872/1422.173
=0.08710051

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=97.03/1571.8135
=0.06173124

Shengrong Holding's gearing of this year was 0.08710051. Shengrong Holding's gearing of last year was 0.06173124. ==> 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
=703.295/710.493
=0.98986901

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=698.466/726.813
=0.96099822

Shengrong Holding's current ratio of this year was 0.98986901. Shengrong Holding's current ratio of last year was 0.96099822. ==> 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.

Shengrong Holding's number of shares in issue this year was 452.948. Shengrong Holding's number of shares in issue last year was 442.153. ==> 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
=103.332/2051.787
=0.05036195

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=78.968/1762.202
=0.04481212

Shengrong Holding's gross margin of this year was 0.05036195. Shengrong Holding's gross margin of last year was 0.04481212. ==> 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)
=2051.787/1413.13
=1.45194497

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=1762.202/1730.497
=1.01832133

Shengrong Holding's asset turnover of this year was 1.45194497. Shengrong Holding's asset turnover of last year was 1.01832133. ==> 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+0+1+0+1+1
=5

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

Shengrong Holding 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?
Shengrong Holding (HKSE:00834) has a Piotroski F-Score of 5 as of Aug. 18, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Shengrong Holding and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Shengrong Holding's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Shengrong Holding ranks #934 out of 1910 companies in the Consumer Packaged Goods industry, placing it in the top 48.9%.
Is Shengrong Holding's Piotroski F-Score too high?
Shengrong Holding's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Shengrong Holding's value of 5 is 0% at this industry median. Based on the distribution chart, Shengrong Holding ranks #934 out of 1910 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Shengrong Holding has a GF Score™ of 45/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shengrong Holding's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Shengrong Holding ranks #934 out of 1910 companies for Piotroski F-Score. This puts Shengrong Holding in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Shengrong Holding's value of 5 is 0% at this benchmark. Historically, Shengrong Holding's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Shengrong Holding 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,910 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. Shengrong Holding'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 Shengrong Holding and its competitors. For the Consumer Packaged Goods 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. Shengrong Holding's current Piotroski F-Score is 5, which is 17% 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 Shengrong Holding stock overvalued right now?
Based on GuruFocus' analysis, Shengrong Holding (HKSE:00834) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.23, compared to a current price of HK$0.26 — trading 13% above its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Consumer Packaged Goods industry median of 5.00. Shengrong Holding's overall GF Score™ is 45/100 with 2 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 Shengrong Holding (HKSE:00834), the current Piotroski F-Score is 5 as of Aug. 18, 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 Shengrong Holding (HKSE:00834) Overvalued in 2026?

Based on GuruFocus' analysis, Shengrong Holding stock appears to be overvalued. The current stock price of HK$0.26 is trading 13% above its estimated GF Value™ of HK$0.23. GuruFocus considers Shengrong Holding to be Modestly Overvalued.

Key valuation signals for HKSE:00834:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: HK$0.23 vs. price of HK$0.26 (13% above fair value)
  • GF Score™: 45/100 with 2 warning signs
  • Industry Position: 0% at the Consumer Packaged Goods median (#934 of 1910)

No single metric tells the full story. See the HKSE:00834 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shengrong Holding Business Description

Other Exchanges P74:Singapore
Address No. 8399, Binhai Boulevard, Huangdao District, Shandong Province, Qingdao, CHN
China Kangda Food Co Ltd is a diversified food manufacturing and processing group based in China. Its operating segments are the production and sale of processed food products, chilled and frozen rabbit meat, chilled and frozen chicken meat, and other products comprising chicken and rabbit meat by-products and pet food products. The key revenue is generated from the processed food products business. Geographically, the company operates in Japan, Europe, the People's Republic of China, and others. It generates a majority of its revenue from the PRC.
45GF Score

Get the complete analysis for HKSE:00834

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

HK$0.26
Price
HK$0.23
GF Value