Tianli International Holdings (HKSE:01773) Piotroski F-Score: 8 (As of Jul. 12, 2026) — 14% Above Median


HKSE:01773 Tianli International Holdings Ltd HKSE:01773
80 GF Score
Price HK$1.25
GF Value HK$5.40
Valuation Possible Value Trap
! 5 Warning Signs
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What is Tianli International Holdings Piotroski F-Score?

Tianli International Holdings HKSE:01773 +2.46% 80 Piotroski F-Score is 8 as of Jul. 12, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates HKSE:01773 with a GF Score™ of 80/100 and a GF Value™ of HK$5.40 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 251 Education companies, Tianli International Holdings ranks better than 98.8% on this metric.

Good Sign:

Piotroski F-Score is 8, 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

Tianli International Holdings has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

HKSE:01773' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 8
Current: 8

During the past 10 years, the highest Piotroski F-Score of Tianli International Holdings was 8. The lowest was 4. And the median was 7.

Tianli International Holdings  (HKSE:01773) 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.


Tianli International Holdings Piotroski F-Score Related Terms


Tianli International Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Tianli International 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.

Tianli International Holdings Piotroski F-Score Chart

Tianli International Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Aug22 Aug23 Aug24 Aug25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 6.00 7.00 5.00 8.00

Tianli International Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.00 5.00 0.00 8.00 0.00

HKSE:01773 vs EDU, TAL, LAUR: Piotroski F-Score Comparison

For the Education & Training Services subindustry, Tianli International 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.


Tianli International Holdings Piotroski F-Score vs Education Industry

For the Education industry and Consumer Defensive sector, Tianli International Holdings's Piotroski F-Score distribution charts can be found below:

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


HKSE:01773
80GF Score
Tianli International Holdings Ltd HKSE:01773
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 (Aug25) TTM:Last Year (Aug24) TTM:
Net Income was HK$725 Mil.
Cash Flow from Operations was HK$930 Mil.
Revenue was HK$3,916 Mil.
Gross Profit was HK$1,324 Mil.
Average Total Assets from the begining of this year (Aug24)
to the end of this year (Aug25) was (11118.888 + 10875.929) / 2 = HK$10997.4085 Mil.
Total Assets at the begining of this year (Aug24) was HK$11,119 Mil.
Long-Term Debt & Capital Lease Obligation was HK$2,108 Mil.
Total Current Assets was HK$2,205 Mil.
Total Current Liabilities was HK$4,525 Mil.
Net Income was HK$628 Mil.

Revenue was HK$3,622 Mil.
Gross Profit was HK$1,221 Mil.
Average Total Assets from the begining of last year (Aug23)
to the end of last year (Aug24) was (10318.918 + 11118.888) / 2 = HK$10718.903 Mil.
Total Assets at the begining of last year (Aug23) was HK$10,319 Mil.
Long-Term Debt & Capital Lease Obligation was HK$1,932 Mil.
Total Current Assets was HK$2,420 Mil.
Total Current Liabilities was HK$5,080 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.

Tianli International Holdings's current Net Income (TTM) was 725. ==> 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.

Tianli International Holdings's current Cash Flow from Operations (TTM) was 930. ==> 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 (Aug24)
=724.76/11118.888
=0.06518278

ROA (Last Year)=Net Income/Total Assets (Aug23)
=628.229/10318.918
=0.06088129

Tianli International Holdings's return on assets of this year was 0.06518278. Tianli International Holdings's return on assets of last year was 0.06088129. ==> 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.

Tianli International Holdings's current Net Income (TTM) was 725. Tianli International Holdings's current Cash Flow from Operations (TTM) was 930. ==> 930 > 725 ==> 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: Aug25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Aug24 to Aug25
=2107.656/10997.4085
=0.19165024

Gearing (Last Year: Aug24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Aug23 to Aug24
=1932.301/10718.903
=0.18027041

Tianli International Holdings's gearing of this year was 0.19165024. Tianli International Holdings's gearing of last year was 0.18027041. ==> 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: Aug25)=Total Current Assets/Total Current Liabilities
=2204.682/4524.537
=0.4872724

Current Ratio (Last Year: Aug24)=Total Current Assets/Total Current Liabilities
=2420.021/5079.716
=0.47640872

Tianli International Holdings's current ratio of this year was 0.4872724. Tianli International Holdings's current ratio of last year was 0.47640872. ==> This year's current ratio is higher. ==> Score 1.

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.

Tianli International Holdings's number of shares in issue this year was 2084.739. Tianli International Holdings's number of shares in issue last year was 2114.964. ==> 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
=1324.063/3915.783
=0.33813493

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1220.526/3622.299
=0.33694789

Tianli International Holdings's gross margin of this year was 0.33813493. Tianli International Holdings's gross margin of last year was 0.33694789. ==> 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 (Aug24)
=3915.783/11118.888
=0.35217398

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Aug23)
=3622.299/10318.918
=0.35103477

Tianli International Holdings's asset turnover of this year was 0.35217398. Tianli International Holdings's asset turnover of last year was 0.35103477. ==> 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+1+1+0+1+1+1+1
=8

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

Tianli International Holdings has an F-score of 8. 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 8 mean?
Tianli International Holdings (HKSE:01773) has a Piotroski F-Score of 8 as of Jul. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Tianli International Holdings and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, Tianli International Holdings' Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Tianli International Holdings ranks #3 out of 251 companies in the Education industry, placing it in the top 1.2%.
Is Tianli International Holdings' Piotroski F-Score too high?
Tianli International Holdings' current Piotroski F-Score of 8 is 14% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Education industry median Piotroski F-Score is 5.00. Tianli International Holdings' value of 8 is 60% above this industry median. Based on the distribution chart, Tianli International Holdings ranks #3 out of 251 companies in the Education industry, which is in the top quartile — a strong position relative to peers. Overall, Tianli International Holdings has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tianli International Holdings' Piotroski F-Score compare to EDU and TAL?
According to the Education industry distribution chart, Tianli International Holdings ranks #3 out of 251 companies for Piotroski F-Score. This places Tianli International Holdings in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Tianli International Holdings' value of 8 is 60% above this benchmark. Historically, Tianli International Holdings' own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Tianli International 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 an Education company?
The median Piotroski F-Score among Education companies is 5.00, based on 251 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. Tianli International Holdings's current Piotroski F-Score of 8 is 60% 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 Tianli International Holdings and its competitors. For the Education 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. Tianli International Holdings's current Piotroski F-Score is 8, which is 14% above 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 Tianli International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tianli International Holdings (HKSE:01773) is currently considered Possible Value Trap. The stock's GF Value™ is HK$5.40, compared to a current price of HK$1.25 — trading 76.9% below its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 60% above the Education industry median of 5.00. Tianli International Holdings' overall GF Score™ is 80/100 with 5 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 Tianli International Holdings (HKSE:01773), the current Piotroski F-Score is 8 as of Jul. 12, 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 Tianli International Holdings (HKSE:01773) Overvalued in 2026?

Based on GuruFocus' analysis, Tianli International Holdings stock appears to be undervalued. The current stock price of HK$1.25 is trading 76.9% below its estimated GF Value™ of HK$5.40. GuruFocus considers Tianli International Holdings to be Possible Value Trap.

Key valuation signals for HKSE:01773:

  • Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
  • GF Value™: HK$5.40 vs. price of HK$1.25 (76.9% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 60% above the Education median (#3 of 251)

No single metric tells the full story. See the HKSE:01773 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tianli International Holdings Business Description

Address Qingyang Industrial Zone, Tower T25, Sichuan Province, Chengdu, CHN
Tianli International Holdings Ltd operates as a private education service provider in Western China. The Company provides clients with integrated education management and diversified services. Its services mainly include comprehensive education services, training services, study trip services, early childhood education services, canteen operations, management and franchise, as well as supply chain management services. The Company also offers extracurricular programs in music, arts, physical education, and languages, as well as licensing rights to its brands for early childhood centers. Geographically, it derives revenue from the PRC.
80GF Score

Get the complete analysis for HKSE:01773

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

HK$1.25
Price
HK$5.40
GF Value