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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
China Metal Resources Utilization 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 China Metal Resources Utilization's Piotroski F-Score or its related term are showing as below:
HKSE:01636'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 4 Max: 6
Current: 4
During the past 13 years, the highest Piotroski F-Score of China Metal Resources Utilization was 6. The lowest was 2. And the median was 4.
China Metal Resources Utilization (HKSE:01636) 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.
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.
China Metal Resources Utilization Piotroski F-Score Related Terms
China Metal Resources Utilization Piotroski F-Score Historical Data
* 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.
China Metal Resources Utilization Piotroski F-Score Chart
HKSE:01636 vs SCCO, FCX: Piotroski F-Score Comparison
For the Copper subindustry, China Metal Resources Utilization'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.
China Metal Resources Utilization Piotroski F-Score vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, China Metal Resources Utilization's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where China Metal Resources Utilization's Piotroski F-Score falls into.
* 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.
*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.
China Metal Resources Utilization's current Net Income (TTM) was -696.6.
==> 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.
China Metal Resources Utilization's current Cash Flow from Operations (TTM) was -18.9.
==> Negative ==> Score 0.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
China Metal Resources Utilization's return on assets of this year was -0.46073914. China Metal Resources Utilization's return on assets of last year was -0.32911047.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
China Metal Resources Utilization's gearing of this year was 0. China Metal Resources Utilization's gearing of last year was 0.
==> 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
China Metal Resources Utilization's current ratio of this year was 0.10174502. China Metal Resources Utilization's current ratio of last year was 0.16317986.
==> 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.
China Metal Resources Utilization's number of shares in issue this year was 448.156. China Metal Resources Utilization's number of shares in issue last year was 448.156.
==> 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.
China Metal Resources Utilization's gross margin of this year was -0.07728909. China Metal Resources Utilization's gross margin of last year was -0.1581785.
==> 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
China Metal Resources Utilization's asset turnover of this year was 0.32693718. China Metal Resources Utilization's asset turnover of last year was 0.33488053.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
China Metal Resources Utilization has an F-score of 4 indicating the company's financial situation is typical for a stable company.
China Metal Resources Utilization (HKSE:01636) has a Piotroski F-Score of 4 as of Jul. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on China Metal Resources Utilization and its competitors. This is near median its historical median of 4.00. Over the past decade, China Metal Resources Utilization's Piotroski F-Score has ranged from 2.00 to 6.00.
Is China Metal Resources Utilization's Piotroski F-Score too high?
China Metal Resources Utilization's current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 6.00. The Metals & Mining industry median Piotroski F-Score is 3.00. China Metal Resources Utilization's value of 4 is 33.3% above this industry median. Overall, China Metal Resources Utilization has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does China Metal Resources Utilization's Piotroski F-Score compare to SCCO and FCX?
China Metal Resources Utilization's Piotroski F-Score of 4 can be compared against companies in the Metals & Mining industry. The industry median Piotroski F-Score is 3.00. China Metal Resources Utilization's value of 4 is 33.3% above this benchmark. Historically, China Metal Resources Utilization's own Piotroski F-Score has ranged from 2.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 3.00, China Metal Resources Utilization 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 Metals & Mining company?
The median Piotroski F-Score among Metals & Mining companies is 3.00, based on 2,502 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. China Metal Resources Utilization's current Piotroski F-Score of 4 is 33.3% 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 China Metal Resources Utilization and its competitors. For the Metals & Mining industry, the median Piotroski F-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Metal Resources Utilization's current Piotroski F-Score is 4, which is near median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Metal Resources Utilization stock overvalued right now?
China Metal Resources Utilization (HKSE:01636) has a current Piotroski F-Score of 4. The stock's GF Value™ is HK$0.11, compared to a current price of HK$0.31 — trading 181.8% above its estimated fair value. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 33.3% above the Metals & Mining industry median of 3.00. China Metal Resources Utilization's overall GF Score™ is 21/100 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 China Metal Resources Utilization (HKSE:01636), the current Piotroski F-Score is 4 as of Jul. 24, 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 China Metal Resources Utilization (HKSE:01636) Overvalued in 2026?
Based on GuruFocus' analysis, China Metal Resources Utilization stock appears to be overvalued.
The current stock price of HK$0.31 is trading 181.8% above its estimated GF Value™ of HK$0.11.
Key valuation signals for HKSE:01636:
Piotroski F-Score: 4 (near median its 10-year median of 4.00)
GF Value™: HK$0.11 vs. price of HK$0.31 (181.8% above fair value)
Industry Position: 33.3% above the Metals & Mining median
No single metric tells the full story. See the HKSE:01636 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Metal Resources Utilization Business Description
China Metal Resources Utilization Ltd is a manufacturer of recycled copper products, also known as copper semis, in Southwest China. The company's majority revenue-earning segment is recycled copper products, in which it processes recycled scrap and electrolytic copper to manufacture a various product, including copper wire rods, copper wires, copper plates, and copper granules. The power transmission and distribution cables segment include manufacturing and sales of power transmission and distribution cables, and the Communication cables segment engages in manufacturing and sales of communication cables.
21GF Score
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