Daohe Global Group (HKSE:00915) Piotroski F-Score: 5 (As of Aug. 17, 2026) — Near Median

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What is Daohe Global Group Piotroski F-Score?

Daohe Global Group HKSE:00915 Piotroski F-Score is 5 as of Aug. 17, 2026, which is at its 10-year median of 5.00. The stock has 2 warning signs investors should review. Among 1,103 Retail - Cyclical companies, Daohe Global Group ranks worse than 52.13% 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

Daohe Global 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 Daohe Global Group's Piotroski F-Score or its related term are showing as below:

HKSE:00915' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 9
Current: 5

During the past 13 years, the highest Piotroski F-Score of Daohe Global Group was 9. The lowest was 3. And the median was 5.

Daohe Global Group  (HKSE:00915) 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.


Daohe Global Group Piotroski F-Score Related Terms


Daohe Global Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Daohe Global 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.

Daohe Global Group Piotroski F-Score Chart

Daohe Global Group Annual Data
Trend Apr16 Apr17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.00 5.00 9.00 7.00 5.00

Daohe Global Group Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 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 9.00 0.00 7.00 0.00 5.00

HKSE:00915 vs CASY, WSM, ULTA: Piotroski F-Score Comparison

For the Specialty Retail subindustry, Daohe Global 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.


Daohe Global Group Piotroski F-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Daohe Global Group's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Daohe Global 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$0.6 Mil.
Cash Flow from Operations was HK$2.4 Mil.
Revenue was HK$252.9 Mil.
Gross Profit was HK$103.7 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (233.272 + 216.695) / 2 = HK$224.9835 Mil.
Total Assets at the begining of this year (Dec24) was HK$233.3 Mil.
Long-Term Debt & Capital Lease Obligation was HK$4.9 Mil.
Total Current Assets was HK$201.8 Mil.
Total Current Liabilities was HK$83.5 Mil.
Net Income was HK$20.6 Mil.

Revenue was HK$324.7 Mil.
Gross Profit was HK$136.0 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (229.733 + 233.272) / 2 = HK$231.5025 Mil.
Total Assets at the begining of last year (Dec23) was HK$229.7 Mil.
Long-Term Debt & Capital Lease Obligation was HK$1.1 Mil.
Total Current Assets was HK$222.7 Mil.
Total Current Liabilities was HK$105.7 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.

Daohe Global Group's current Net Income (TTM) was 0.6. ==> 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.

Daohe Global Group's current Cash Flow from Operations (TTM) was 2.4. ==> 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)
=0.599/233.272
=0.00256782

ROA (Last Year)=Net Income/Total Assets (Dec23)
=20.638/229.733
=0.08983472

Daohe Global Group's return on assets of this year was 0.00256782. Daohe Global Group's return on assets of last year was 0.08983472. ==> 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.

Daohe Global Group's current Net Income (TTM) was 0.6. Daohe Global Group's current Cash Flow from Operations (TTM) was 2.4. ==> 2.4 > 0.6 ==> 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
=4.894/224.9835
=0.02175271

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=1.081/231.5025
=0.0046695

Daohe Global Group's gearing of this year was 0.02175271. Daohe Global Group's gearing of last year was 0.0046695. ==> 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
=201.787/83.504
=2.41649502

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=222.7/105.71
=2.10670703

Daohe Global Group's current ratio of this year was 2.41649502. Daohe Global Group's current ratio of last year was 2.10670703. ==> 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.

Daohe Global Group's number of shares in issue this year was 1509.593. Daohe Global Group's number of shares in issue last year was 1509.593. ==> 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
=103.741/252.853
=0.41028186

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=136.027/324.749
=0.41886811

Daohe Global Group's gross margin of this year was 0.41028186. Daohe Global Group's gross margin of last year was 0.41886811. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=252.853/233.272
=1.08394064

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=324.749/229.733
=1.41359317

Daohe Global Group's asset turnover of this year was 1.08394064. Daohe Global Group's asset turnover of last year was 1.41359317. ==> 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
=1+1+0+1+0+1+1+0+0
=5

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

Daohe Global Group 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?
Daohe Global Group (HKSE:00915) has a Piotroski F-Score of 5 as of Aug. 17, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Daohe Global Group and its competitors. This is near median its historical median of 5.00. Over the past decade, Daohe Global Group's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Daohe Global Group ranks #575 out of 1103 companies in the Retail - Cyclical industry, placing it in the top 52.1%.
Is Daohe Global Group's Piotroski F-Score too high?
Daohe Global Group's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Retail - Cyclical industry median Piotroski F-Score is 6.00. Daohe Global Group's value of 5 is 16.7% below this industry median. Based on the distribution chart, Daohe Global Group ranks #575 out of 1103 companies in the Retail - Cyclical industry, which is below the industry midpoint.
How does Daohe Global Group's Piotroski F-Score compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Daohe Global Group ranks #575 out of 1103 companies for Piotroski F-Score. This places Daohe Global Group in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Daohe Global Group's value of 5 is 16.7% below this benchmark. Historically, Daohe Global Group's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 6.00, Daohe Global Group 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 Retail - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 6.00, based on 1,103 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. Daohe Global Group's current Piotroski F-Score of 5 is 16.7% 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 Daohe Global Group and its competitors. For the Retail - Cyclical 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. Daohe Global Group's current Piotroski F-Score is 5, which is near 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 Daohe Global Group stock overvalued right now?
Based on GuruFocus' analysis, Daohe Global Group (HKSE:00915) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.05, compared to a current price of HK$0.04 — trading 22% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 16.7% below the Retail - Cyclical industry median of 6.00. 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 Daohe Global Group (HKSE:00915), the current Piotroski F-Score is 5 as of Aug. 17, 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.

Daohe Global Group Business Description

Address 1 Sheung Yuet Road, 6th Floor, YHC Tower, Kowloon Bay, Hong Kong, HKG
Daohe Global Group Ltd is an investment holding company. The company principally engaged in the trading and supply chain management services, and the culture and entertainment. The Group's business comprises two operating segments, namely Trading and supply chain management services; and Culture and entertainment. The majority of revenue comes from Culture and entertainment segment. The company has presence in PRC, Southern hemisphere, North America, Europe, and Others, of which majority of revenue comes from PRC.