PW Medtech Group (HKSE:01358) Piotroski F-Score: 6 (As of Aug. 14, 2026) — Near Median

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HKSE:01358 PW Medtech Group Ltd HKSE:01358
77 GF Score
Price HK$0.91
GF Value HK$1.32
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is PW Medtech Group Piotroski F-Score?

PW Medtech Group HKSE:01358 -1.09% 77 Piotroski F-Score is 6 as of Aug. 14, 2026, which is at its 10-year median of 6.00. GuruFocus rates HKSE:01358 with a GF Score™ of 77/100 and a GF Value™ of HK$1.32 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 799 Medical Devices & Instruments companies, PW Medtech Group ranks better than 81.6% 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

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

HKSE:01358' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of PW Medtech Group was 9. The lowest was 4. And the median was 6.

PW Medtech Group  (HKSE:01358) 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.


PW Medtech Group Piotroski F-Score Related Terms


PW Medtech Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for PW Medtech 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.

PW Medtech Group Piotroski F-Score Chart

PW Medtech 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 7.00 5.00 9.00 5.00 6.00

PW Medtech 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 9.00 0.00 5.00 0.00 6.00

HKSE:01358 vs ISRG, BDX, MDLN: Piotroski F-Score Comparison

For the Medical Instruments & Supplies subindustry, PW Medtech 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.


PW Medtech Group Piotroski F-Score vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, PW Medtech Group's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where PW Medtech Group's Piotroski F-Score falls into.


HKSE:01358
77GF Score
PW Medtech Group Ltd HKSE:01358
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$104.3 Mil.
Cash Flow from Operations was HK$265.9 Mil.
Revenue was HK$909.7 Mil.
Gross Profit was HK$450.1 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (5510.18 + 5783.517) / 2 = HK$5646.8485 Mil.
Total Assets at the begining of this year (Dec24) was HK$5,510.2 Mil.
Long-Term Debt & Capital Lease Obligation was HK$5.3 Mil.
Total Current Assets was HK$2,608.5 Mil.
Total Current Liabilities was HK$239.5 Mil.
Net Income was HK$161.0 Mil.

Revenue was HK$820.9 Mil.
Gross Profit was HK$447.8 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (5635.202 + 5510.18) / 2 = HK$5572.691 Mil.
Total Assets at the begining of last year (Dec23) was HK$5,635.2 Mil.
Long-Term Debt & Capital Lease Obligation was HK$11.1 Mil.
Total Current Assets was HK$2,236.0 Mil.
Total Current Liabilities was HK$189.4 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.

PW Medtech Group's current Net Income (TTM) was 104.3. ==> 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.

PW Medtech Group's current Cash Flow from Operations (TTM) was 265.9. ==> 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)
=104.257/5510.18
=0.0189208

ROA (Last Year)=Net Income/Total Assets (Dec23)
=160.984/5635.202
=0.02856757

PW Medtech Group's return on assets of this year was 0.0189208. PW Medtech Group's return on assets of last year was 0.02856757. ==> 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.

PW Medtech Group's current Net Income (TTM) was 104.3. PW Medtech Group's current Cash Flow from Operations (TTM) was 265.9. ==> 265.9 > 104.3 ==> 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
=5.252/5646.8485
=0.00093008

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=11.079/5572.691
=0.00198809

PW Medtech Group's gearing of this year was 0.00093008. PW Medtech Group's gearing of last year was 0.00198809. ==> 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
=2608.461/239.5
=10.89127766

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=2235.96/189.448
=11.80249989

PW Medtech Group's current ratio of this year was 10.89127766. PW Medtech Group's current ratio of last year was 11.80249989. ==> 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.

PW Medtech Group's number of shares in issue this year was 1510.882. PW Medtech Group's number of shares in issue last year was 1543.447. ==> 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
=450.13/909.747
=0.49478591

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=447.833/820.936
=0.54551512

PW Medtech Group's gross margin of this year was 0.49478591. PW Medtech Group's gross margin of last year was 0.54551512. ==> 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)
=909.747/5510.18
=0.16510295

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=820.936/5635.202
=0.14567996

PW Medtech Group's asset turnover of this year was 0.16510295. PW Medtech Group's asset turnover of last year was 0.14567996. ==> 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+0+1+1+0+1+0+1
=6

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

PW Medtech 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?
PW Medtech Group (HKSE:01358) has a Piotroski F-Score of 6 as of Aug. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PW Medtech Group and its competitors. This is near median its historical median of 6.00. Over the past decade, PW Medtech Group's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, PW Medtech Group ranks #147 out of 799 companies in the Medical Devices & Instruments industry, placing it in the top 18.4%.
Is PW Medtech Group's Piotroski F-Score too high?
PW Medtech Group's current Piotroski F-Score of 6 is near 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 9.00. The Medical Devices & Instruments industry median Piotroski F-Score is 5.00. PW Medtech Group's value of 6 is 20% above this industry median. Based on the distribution chart, PW Medtech Group ranks #147 out of 799 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, PW Medtech Group has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PW Medtech Group's Piotroski F-Score compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, PW Medtech Group ranks #147 out of 799 companies for Piotroski F-Score. This places PW Medtech Group in the top 18% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. PW Medtech Group's value of 6 is 20% above this benchmark. Historically, PW Medtech Group's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, PW Medtech 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 Medical Devices & Instruments company?
The median Piotroski F-Score among Medical Devices & Instruments companies is 5.00, based on 799 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. PW Medtech 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 PW Medtech Group and its competitors. For the Medical Devices & Instruments 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. PW Medtech Group's current Piotroski F-Score is 6, which is near 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 PW Medtech Group stock overvalued right now?
Based on GuruFocus' analysis, PW Medtech Group (HKSE:01358) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$1.32, compared to a current price of HK$0.91 — trading 31.4% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Medical Devices & Instruments industry median of 5.00. PW Medtech Group's overall GF Score™ is 77/100 with 6 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 PW Medtech Group (HKSE:01358), the current Piotroski F-Score is 6 as of Aug. 14, 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 PW Medtech Group (HKSE:01358) Overvalued in 2026?

Based on GuruFocus' analysis, PW Medtech Group stock appears to be undervalued. The current stock price of HK$0.91 is trading 31.4% below its estimated GF Value™ of HK$1.32. GuruFocus considers PW Medtech Group to be Significantly Undervalued.

Key valuation signals for HKSE:01358:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: HK$1.32 vs. price of HK$0.91 (31.4% below fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 20% above the Medical Devices & Instruments median (#147 of 799)

No single metric tells the full story. See the HKSE:01358 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PW Medtech Group Business Description

Other Exchanges PWE:Germany
Address No. 23 Panlong West Road, Building 1, Pinggu District, Beijing, CHN, 101204
PW Medtech Group Ltd is a medical device company focused on China's medical device industry. The Group operates in infusion sets, blood purification products, and regenerative medical biomaterials. Its products include non-PVC-based infusion sets, precision filter infusion sets, light-resistant infusion sets, intravenous cannula products, insulin needles and pens, high flux and low flux hemodialyzers, hemodiafilters, hemoperfutors, and dialysis machines. Its segments are Infusion Set Business, Blood Purification Business, which represents the R&D, manufacturing, and sales of hemodialysis and blood purification medical devices, and Regenerative Medical Biomaterials Business, which generates maximum revenue. Geographically, it operates in China, North America, India and Others.
77GF Score

Get the complete analysis for HKSE:01358

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

HK$0.91
Price
HK$1.32
GF Value