Mongolian Mining (HKSE:00975) Piotroski F-Score: 4 (As of Jul. 26, 2026) — 43% Below Median

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HKSE:00975 Mongolian Mining Corp HKSE:00975
79 GF Score
Price HK$7.32
GF Value HK$6.32
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Mongolian Mining Piotroski F-Score?

Mongolian Mining HKSE:00975 -4.06% 79 Piotroski F-Score is 4 as of Jul. 26, 2026, which is 43% below its 10-year median of 7.00. GuruFocus rates HKSE:00975 with a GF Score™ of 79/100 and a GF Value™ of HK$6.32 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 622 Steel companies, Mongolian Mining ranks worse than 63.34% 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

Mongolian Mining 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 Mongolian Mining's Piotroski F-Score or its related term are showing as below:

HKSE:00975' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 7   Max: 9
Current: 4

During the past 13 years, the highest Piotroski F-Score of Mongolian Mining was 9. The lowest was 3. And the median was 7.

Mongolian Mining  (HKSE:00975) 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.


Mongolian Mining Piotroski F-Score Related Terms


Mongolian Mining Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Mongolian Mining'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.

Mongolian Mining Piotroski F-Score Chart

Mongolian Mining 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 7.00 9.00 3.00 4.00

Mongolian Mining 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 9.00 0.00 3.00 0.00 4.00

HKSE:00975 vs HCC, AMR, METC: Piotroski F-Score Comparison

For the Coking Coal subindustry, Mongolian Mining'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.


Mongolian Mining Piotroski F-Score vs Steel Industry

For the Steel industry and Basic Materials sector, Mongolian Mining's Piotroski F-Score distribution charts can be found below:

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


HKSE:00975
79GF Score
Mongolian Mining Corp HKSE:00975
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$47 Mil.
Cash Flow from Operations was HK$1,823 Mil.
Revenue was HK$6,407 Mil.
Gross Profit was HK$1,121 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (16597.865 + 18261.74) / 2 = HK$17429.8025 Mil.
Total Assets at the begining of this year (Dec24) was HK$16,598 Mil.
Long-Term Debt & Capital Lease Obligation was HK$2,677 Mil.
Total Current Assets was HK$3,700 Mil.
Total Current Liabilities was HK$3,175 Mil.
Net Income was HK$1,881 Mil.

Revenue was HK$8,083 Mil.
Gross Profit was HK$3,200 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (15685.523 + 16597.865) / 2 = HK$16141.694 Mil.
Total Assets at the begining of last year (Dec23) was HK$15,686 Mil.
Long-Term Debt & Capital Lease Obligation was HK$1,835 Mil.
Total Current Assets was HK$3,006 Mil.
Total Current Liabilities was HK$2,531 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.

Mongolian Mining's current Net Income (TTM) was 47. ==> 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.

Mongolian Mining's current Cash Flow from Operations (TTM) was 1,823. ==> 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)
=47.463/16597.865
=0.00285958

ROA (Last Year)=Net Income/Total Assets (Dec23)
=1881.256/15685.523
=0.11993582

Mongolian Mining's return on assets of this year was 0.00285958. Mongolian Mining's return on assets of last year was 0.11993582. ==> 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.

Mongolian Mining's current Net Income (TTM) was 47. Mongolian Mining's current Cash Flow from Operations (TTM) was 1,823. ==> 1,823 > 47 ==> 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
=2676.689/17429.8025
=0.15356967

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=1835.471/16141.694
=0.11370994

Mongolian Mining's gearing of this year was 0.15356967. Mongolian Mining's gearing of last year was 0.11370994. ==> 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
=3699.716/3175.329
=1.16514415

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=3006.417/2531.167
=1.18775924

Mongolian Mining's current ratio of this year was 1.16514415. Mongolian Mining's current ratio of last year was 1.18775924. ==> 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.

Mongolian Mining's number of shares in issue this year was 1051.719. Mongolian Mining's number of shares in issue last year was 1063.424. ==> 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
=1120.762/6406.695
=0.17493606

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3200.114/8083.186
=0.39589761

Mongolian Mining's gross margin of this year was 0.17493606. Mongolian Mining's gross margin of last year was 0.39589761. ==> 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)
=6406.695/16597.865
=0.38599513

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=8083.186/15685.523
=0.5153278

Mongolian Mining's asset turnover of this year was 0.38599513. Mongolian Mining's asset turnover of last year was 0.5153278. ==> 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+0+1+0+0
=4

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

Mongolian Mining has an F-score of 4 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 4 mean?
Mongolian Mining (HKSE:00975) has a Piotroski F-Score of 4 as of Jul. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Mongolian Mining and its competitors. This is 43% below median its historical median of 7.00. Over the past decade, Mongolian Mining's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Mongolian Mining ranks #394 out of 622 companies in the Steel industry, placing it in the top 63.3%.
Is Mongolian Mining's Piotroski F-Score too high?
Mongolian Mining's current Piotroski F-Score of 4 is 43% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Steel industry median Piotroski F-Score is 5.00. Mongolian Mining's value of 4 is 20% below this industry median. Based on the distribution chart, Mongolian Mining ranks #394 out of 622 companies in the Steel industry, which is below the industry midpoint. Overall, Mongolian Mining has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mongolian Mining's Piotroski F-Score compare to HCC and AMR?
According to the Steel industry distribution chart, Mongolian Mining ranks #394 out of 622 companies for Piotroski F-Score. This places Mongolian Mining in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Mongolian Mining's value of 4 is 20% below this benchmark. Historically, Mongolian Mining'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 7.00 vs. the industry median of 5.00, Mongolian Mining 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 Steel company?
The median Piotroski F-Score among Steel companies is 5.00, based on 622 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. Mongolian Mining's current Piotroski F-Score of 4 is 20% 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 Mongolian Mining and its competitors. For the Steel 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. Mongolian Mining's current Piotroski F-Score is 4, which is 43% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mongolian Mining stock overvalued right now?
Based on GuruFocus' analysis, Mongolian Mining (HKSE:00975) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$6.32, compared to a current price of HK$7.32 — trading 15.8% above its estimated fair value. The current Piotroski F-Score is 4, which is 43% below median its 10-year median of 7.00 and 20% below the Steel industry median of 5.00. Mongolian Mining's overall GF Score™ is 79/100 with 4 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 Mongolian Mining (HKSE:00975), the current Piotroski F-Score is 4 as of Jul. 26, 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 Mongolian Mining (HKSE:00975) Overvalued in 2026?

Based on GuruFocus' analysis, Mongolian Mining stock appears to be overvalued. The current stock price of HK$7.32 is trading 15.8% above its estimated GF Value™ of HK$6.32. GuruFocus considers Mongolian Mining to be Modestly Overvalued.

Key valuation signals for HKSE:00975:

  • Piotroski F-Score: 4 (43% below median its 10-year median of 7.00)
  • GF Value™: HK$6.32 vs. price of HK$7.32 (15.8% above fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 20% below the Steel median (#394 of 622)

No single metric tells the full story. See the HKSE:00975 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mongolian Mining Business Description

Other Exchanges MOGLF:USA29X2:Germany
Address Central Tower, 16th Floor, Sukhbaatar District, Ulaanbaatar, MNG, 14200
Mongolian Mining Corp together with its subsidiaries, is principally engaged in the mining, processing, transportation, and sale of coal and gold products. The company owns and operates the Ukhaa Khudag and Baruun Naran open-pit coking coal mines in Umnugobi aimag, Mongolia. The company generates revenue from the sale of washed hard-coking coal, washed semi-soft coking coal, Middlings, washed mid-ash semi-hard coking coal, Raw thermal coal, and gold & silver products. The majority of the revenue is generated from the sale of washed hard-coking coal. China accounts for the majority of the sales of its products.
79GF Score

Get the complete analysis for HKSE:00975

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

HK$7.32
Price
HK$6.32
GF Value