Sino Gas Holdings Group (HKSE:01759) Piotroski F-Score: 5 (As of Aug. 22, 2026) — Near Median

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HKSE:01759 Sino Gas Holdings Group Ltd HKSE:01759
47 GF Score
Price HK$0.69
GF Value HK$0.89
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Sino Gas Holdings Group Piotroski F-Score?

Sino Gas Holdings Group HKSE:01759 -0.72% 47 Piotroski F-Score is 5 as of Aug. 22, 2026, which is at its 10-year median of 5.00. GuruFocus rates HKSE:01759 with a GF Score™ of 47/100 and a GF Value™ of HK$0.89 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,104 Retail - Cyclical companies, Sino Gas Holdings Group ranks worse than 52.36% 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

Sino Gas Holdings 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 Sino Gas Holdings Group's Piotroski F-Score or its related term are showing as below:

HKSE:01759' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 7
Current: 5

During the past 11 years, the highest Piotroski F-Score of Sino Gas Holdings Group was 7. The lowest was 3. And the median was 5.

Sino Gas Holdings Group  (HKSE:01759) 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.


Sino Gas Holdings Group Piotroski F-Score Related Terms


Sino Gas Holdings Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Sino Gas Holdings 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.

Sino Gas Holdings Group Piotroski F-Score Chart

Sino Gas Holdings 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 6.00 5.00 7.00 5.00 5.00

Sino Gas Holdings Group Semi-Annual Data
Dec15 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 7.00 0.00 5.00 0.00 5.00

HKSE:01759 vs CASY, WSM, ULTA: Piotroski F-Score Comparison

For the Specialty Retail subindustry, Sino Gas Holdings 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.


Sino Gas Holdings Group Piotroski F-Score vs Retail - Cyclical Industry

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

* The bar in red indicates where Sino Gas Holdings Group's Piotroski F-Score falls into.


HKSE:01759
47GF Score
Sino Gas Holdings Group Ltd HKSE:01759
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$-29 Mil.
Cash Flow from Operations was HK$37 Mil.
Revenue was HK$2,421 Mil.
Gross Profit was HK$43 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (1216.731 + 2287.097) / 2 = HK$1751.914 Mil.
Total Assets at the begining of this year (Dec24) was HK$1,217 Mil.
Long-Term Debt & Capital Lease Obligation was HK$1 Mil.
Total Current Assets was HK$2,141 Mil.
Total Current Liabilities was HK$1,895 Mil.
Net Income was HK$-13 Mil.

Revenue was HK$1,745 Mil.
Gross Profit was HK$57 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (1045.534 + 1216.731) / 2 = HK$1131.1325 Mil.
Total Assets at the begining of last year (Dec23) was HK$1,046 Mil.
Long-Term Debt & Capital Lease Obligation was HK$2 Mil.
Total Current Assets was HK$1,043 Mil.
Total Current Liabilities was HK$799 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.

Sino Gas Holdings Group's current Net Income (TTM) was -29. ==> 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.

Sino Gas Holdings Group's current Cash Flow from Operations (TTM) was 37. ==> 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)
=-28.787/1216.731
=-0.0236593

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-13.2/1045.534
=-0.01262513

Sino Gas Holdings Group's return on assets of this year was -0.0236593. Sino Gas Holdings Group's return on assets of last year was -0.01262513. ==> 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.

Sino Gas Holdings Group's current Net Income (TTM) was -29. Sino Gas Holdings Group's current Cash Flow from Operations (TTM) was 37. ==> 37 > -29 ==> 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
=1.38/1751.914
=0.00078771

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=1.5/1131.1325
=0.0013261

Sino Gas Holdings Group's gearing of this year was 0.00078771. Sino Gas Holdings Group's gearing of last year was 0.0013261. ==> 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
=2140.855/1895.298
=1.12956116

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=1042.72/798.894
=1.30520445

Sino Gas Holdings Group's current ratio of this year was 1.12956116. Sino Gas Holdings Group's current ratio of last year was 1.30520445. ==> 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.

Sino Gas Holdings Group's number of shares in issue this year was 216. Sino Gas Holdings Group's number of shares in issue last year was 216. ==> 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
=43.354/2421.147
=0.01790639

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=56.768/1744.697
=0.03253745

Sino Gas Holdings Group's gross margin of this year was 0.01790639. Sino Gas Holdings Group's gross margin of last year was 0.03253745. ==> 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)
=2421.147/1216.731
=1.98987862

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=1744.697/1045.534
=1.66871379

Sino Gas Holdings Group's asset turnover of this year was 1.98987862. Sino Gas Holdings Group's asset turnover of last year was 1.66871379. ==> 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+0+1+1+0+1+0+1
=5

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

Sino Gas Holdings 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?
Sino Gas Holdings Group (HKSE:01759) has a Piotroski F-Score of 5 as of Aug. 22, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sino Gas Holdings Group and its competitors. This is near median its historical median of 5.00. Over the past decade, Sino Gas Holdings Group's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Sino Gas Holdings Group ranks #578 out of 1104 companies in the Retail - Cyclical industry, placing it in the top 52.4%.
Is Sino Gas Holdings Group's Piotroski F-Score too high?
Sino Gas Holdings 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 7.00. The Retail - Cyclical industry median Piotroski F-Score is 6.00. Sino Gas Holdings Group's value of 5 is 16.7% below this industry median. Based on the distribution chart, Sino Gas Holdings Group ranks #578 out of 1104 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Sino Gas Holdings Group has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sino Gas Holdings Group's Piotroski F-Score compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Sino Gas Holdings Group ranks #578 out of 1104 companies for Piotroski F-Score. This places Sino Gas Holdings Group in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Sino Gas Holdings Group's value of 5 is 16.7% below this benchmark. Historically, Sino Gas Holdings Group's 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 6.00, Sino Gas Holdings 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 1,104 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. Sino Gas Holdings 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 Sino Gas Holdings 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. Sino Gas Holdings 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 Sino Gas Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, Sino Gas Holdings Group (HKSE:01759) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.89, compared to a current price of HK$0.69 — trading 23% 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. Sino Gas Holdings Group's overall GF Score™ is 47/100 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 Sino Gas Holdings Group (HKSE:01759), the current Piotroski F-Score is 5 as of Aug. 22, 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 Sino Gas Holdings Group (HKSE:01759) Overvalued in 2026?

Based on GuruFocus' analysis, Sino Gas Holdings Group stock appears to be undervalued. The current stock price of HK$0.69 is trading 23% below its estimated GF Value™ of HK$0.89. GuruFocus considers Sino Gas Holdings Group to be Modestly Undervalued.

Key valuation signals for HKSE:01759:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: HK$0.89 vs. price of HK$0.69 (23% below fair value)
  • GF Score™: 47/100 with 6 warning signs
  • Industry Position: 16.7% below the Retail - Cyclical median (#578 of 1104)

No single metric tells the full story. See the HKSE:01759 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sino Gas Holdings Group Business Description

Address 13 Haian Road, Caifu Shiji Square, Room 3103, Block A1, Tianhe District, Guangzhou, CHN
Sino Gas Holdings Group Ltd is mainly engaged in the provision of integrated LPG and natural gas services. The Group operates CNG and LNG vehicle refuelling stations, LPG domestic stations, CNG mother stations, and LPG, CNG and LNG wholesale businesses. The Group is an integrated LPG and natural gas supplier in the PRC with a complete industry chain engaged in the sales of LPG and natural gas in Guangdong Province, Henan Province and Hebei Province. It has two reportable segments: Retail, which generates revenue from the sale of CNG and LNG to vehicular end-users and industrial customers; and Wholesale, which generates maximum revenue from the sale of LPG and CNG to gas merchants. The Group's revenue is substantially generated from the sales of LPG, CNG and LNG in the PRC.
47GF Score

Get the complete analysis for HKSE:01759

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

HK$0.69
Price
HK$0.89
GF Value