Riverine China Holdings (HKSE:01417) Piotroski F-Score: 7 (As of Aug. 26, 2026) — 40% Above Median

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HKSE:01417 Riverine China Holdings Ltd HKSE:01417
42 GF Score
Price HK$8.10
GF Value HK$0.38
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Riverine China Holdings Piotroski F-Score?

Riverine China Holdings HKSE:01417 +7.78% 42 Piotroski F-Score is 7 as of Aug. 26, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates HKSE:01417 with a GF Score™ of 42/100 and a GF Value™ of HK$0.38 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,749 Real Estate companies, Riverine China Holdings ranks better than 92.85% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

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

Riverine China Holdings has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Riverine China Holdings's Piotroski F-Score or its related term are showing as below:

HKSE:01417' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 7
Current: 7

During the past 12 years, the highest Piotroski F-Score of Riverine China Holdings was 7. The lowest was 3. And the median was 5.

Riverine China Holdings  (HKSE:01417) 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.


Riverine China Holdings Piotroski F-Score Related Terms


Riverine China Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Riverine China Holdings'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.

Riverine China Holdings Piotroski F-Score Chart

Riverine China Holdings 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 4.00 4.00 6.00 7.00

Riverine China Holdings 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 4.00 0.00 6.00 0.00 7.00

HKSE:01417 vs CBRE, BEKE, JLL: Piotroski F-Score Comparison

For the Real Estate Services subindustry, Riverine China Holdings'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.


Riverine China Holdings Piotroski F-Score vs Real Estate Industry

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

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


HKSE:01417
42GF Score
Riverine China Holdings Ltd HKSE:01417
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$-28 Mil.
Cash Flow from Operations was HK$24 Mil.
Revenue was HK$1,190 Mil.
Gross Profit was HK$146 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (1000.246 + 1111.326) / 2 = HK$1055.786 Mil.
Total Assets at the begining of this year (Dec24) was HK$1,000 Mil.
Long-Term Debt & Capital Lease Obligation was HK$171 Mil.
Total Current Assets was HK$731 Mil.
Total Current Liabilities was HK$719 Mil.
Net Income was HK$-54 Mil.

Revenue was HK$1,032 Mil.
Gross Profit was HK$123 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (1018.914 + 1000.246) / 2 = HK$1009.58 Mil.
Total Assets at the begining of last year (Dec23) was HK$1,019 Mil.
Long-Term Debt & Capital Lease Obligation was HK$197 Mil.
Total Current Assets was HK$589 Mil.
Total Current Liabilities was HK$568 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.

Riverine China Holdings's current Net Income (TTM) was -28. ==> 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.

Riverine China Holdings's current Cash Flow from Operations (TTM) was 24. ==> 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)
=-27.576/1000.246
=-0.02756922

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-53.749/1018.914
=-0.05275126

Riverine China Holdings's return on assets of this year was -0.02756922. Riverine China Holdings's return on assets of last year was -0.05275126. ==> 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.

Riverine China Holdings's current Net Income (TTM) was -28. Riverine China Holdings's current Cash Flow from Operations (TTM) was 24. ==> 24 > -28 ==> 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
=170.585/1055.786
=0.16157157

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=196.599/1009.58
=0.19473345

Riverine China Holdings's gearing of this year was 0.16157157. Riverine China Holdings's gearing of last year was 0.19473345. ==> 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
=731.279/719.23
=1.01675264

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=588.554/567.513
=1.0370758

Riverine China Holdings's current ratio of this year was 1.01675264. Riverine China Holdings's current ratio of last year was 1.0370758. ==> 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.

Riverine China Holdings's number of shares in issue this year was 396.782. Riverine China Holdings's number of shares in issue last year was 396.782. ==> 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
=146.203/1190.169
=0.12284222

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=123.062/1032.242
=0.11921817

Riverine China Holdings's gross margin of this year was 0.12284222. Riverine China Holdings's gross margin of last year was 0.11921817. ==> 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)
=1190.169/1000.246
=1.18987629

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=1032.242/1018.914
=1.01308059

Riverine China Holdings's asset turnover of this year was 1.18987629. Riverine China Holdings's asset turnover of last year was 1.01308059. ==> 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+1+1+1+0+1+1+1
=7

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

Riverine China Holdings has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Riverine China Holdings (HKSE:01417) has a Piotroski F-Score of 7 as of Aug. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Riverine China Holdings and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Riverine China Holdings' Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Riverine China Holdings ranks #125 out of 1749 companies in the Real Estate industry, placing it in the top 7.1%.
Is Riverine China Holdings' Piotroski F-Score too high?
Riverine China Holdings' current Piotroski F-Score of 7 is 40% above 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 7.00. The Real Estate industry median Piotroski F-Score is 5.00. Riverine China Holdings' value of 7 is 40% above this industry median. Based on the distribution chart, Riverine China Holdings ranks #125 out of 1749 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Riverine China Holdings has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Riverine China Holdings' Piotroski F-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Riverine China Holdings ranks #125 out of 1749 companies for Piotroski F-Score. This places Riverine China Holdings in the top 7% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Riverine China Holdings' value of 7 is 40% above this benchmark. Historically, Riverine China Holdings' own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Riverine China Holdings 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. Riverine China Holdings's current Piotroski F-Score of 7 is 40% 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 Riverine China Holdings 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. Riverine China Holdings's current Piotroski F-Score is 7, which is 40% above 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 Riverine China Holdings stock overvalued right now?
Based on GuruFocus' analysis, Riverine China Holdings (HKSE:01417) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.38, compared to a current price of HK$8.10 — trading 2031.6% above its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Real Estate industry median of 5.00. Riverine China Holdings' overall GF Score™ is 42/100 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 Riverine China Holdings (HKSE:01417), the current Piotroski F-Score is 7 as of Aug. 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 Riverine China Holdings (HKSE:01417) Overvalued in 2026?

Based on GuruFocus' analysis, Riverine China Holdings stock appears to be overvalued. The current stock price of HK$8.10 is trading 2031.6% above its estimated GF Value™ of HK$0.38. GuruFocus considers Riverine China Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01417:

  • Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
  • GF Value™: HK$0.38 vs. price of HK$8.10 (2031.6% above fair value)
  • GF Score™: 42/100 with 7 warning signs
  • Industry Position: 40% above the Real Estate median (#125 of 1749)

No single metric tells the full story. See the HKSE:01417 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Riverine China Holdings Business Description

Address 28 South Zhongshan Road, 29th Floor, Jiushi Tower, Shanghai, CHN, 200010
Riverine China Holdings Ltd, along with its subsidiaries, is principally engaged in the business of property management services, urban sanitary services, catering services, sublease services and other in the PRC. The company has five reportable operating segments: (a) Property management services; (b) Urban sanitary services; (c) Catering services; (d) Sublease services from investment properties; and (e) Other. The majority of revenue is derived from the Property management services segment. Geographically, all of the company's revenue was generated from its operations in the Chinese mainland.
42GF Score

Get the complete analysis for HKSE:01417

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

HK$8.10
Price
HK$0.38
GF Value