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Zonqing EnvironmentalHKSE:01855 +0.51%68 Piotroski F-Score is 7 as of Aug. 15, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates HKSE:01855 with a GF Score™ of 68/100 and a GF Value™ of HK$6.71 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,736 Construction companies, Zonqing Environmental ranks better than 89% 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
Zonqing Environmental 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 Zonqing Environmental's Piotroski F-Score or its related term are showing as below:
HKSE:01855'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 8
Current: 7
During the past 9 years, the highest Piotroski F-Score of Zonqing Environmental was 8. The lowest was 3. And the median was 5.
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.
Zonqing Environmental Piotroski F-Score Related Terms
Zonqing Environmental Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Zonqing Environmental'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.
HKSE:01855 vs PWR, FIX, EME: Piotroski F-Score Comparison
For the Engineering & Construction subindustry, Zonqing Environmental'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.
Zonqing Environmental Piotroski F-Score vs Construction Industry
For the Construction industry and Industrials sector, Zonqing Environmental's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Zonqing Environmental'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.
Zonqing Environmental's current Net Income (TTM) was 24.
==> 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.
Zonqing Environmental's return on assets of this year was 0.00518229. Zonqing Environmental's return on assets of last year was 0.01014395.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Zonqing Environmental's gearing of this year was 0.00034812. Zonqing Environmental's gearing of last year was 0.00148684.
==> 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
Zonqing Environmental's current ratio of this year was 1.09492346. Zonqing Environmental's current ratio of last year was 1.08980281.
==> 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.
Zonqing Environmental's number of shares in issue this year was 825. Zonqing Environmental's number of shares in issue last year was 825.
==> 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.
Zonqing Environmental's gross margin of this year was 0.21073187. Zonqing Environmental's gross margin of last year was 0.18015895.
==> 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
Zonqing Environmental's asset turnover of this year was 0.38680018. Zonqing Environmental's asset turnover of last year was 0.44235538.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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7
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Zonqing Environmental has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Zonqing Environmental (HKSE:01855) has a Piotroski F-Score of 7 as of Aug. 15, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Zonqing Environmental and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Zonqing Environmental's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Zonqing Environmental ranks #191 out of 1736 companies in the Construction industry, placing it in the top 11%.
Is Zonqing Environmental's Piotroski F-Score too high?
Zonqing Environmental's 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 8.00. The Construction industry median Piotroski F-Score is 5.00. Zonqing Environmental's value of 7 is 40% above this industry median. Based on the distribution chart, Zonqing Environmental ranks #191 out of 1736 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Zonqing Environmental has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zonqing Environmental's Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Zonqing Environmental ranks #191 out of 1736 companies for Piotroski F-Score. This places Zonqing Environmental in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Zonqing Environmental's value of 7 is 40% above this benchmark. Historically, Zonqing Environmental's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Zonqing Environmental 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,736 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. Zonqing Environmental'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 Zonqing Environmental and its competitors. For the Construction 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. Zonqing Environmental'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 Zonqing Environmental stock overvalued right now?
Based on GuruFocus' analysis, Zonqing Environmental (HKSE:01855) is currently considered Possible Value Trap. The stock's GF Value™ is HK$6.71, compared to a current price of HK$0.20 — trading 97.1% below 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 Construction industry median of 5.00. Zonqing Environmental's overall GF Score™ is 68/100 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 Zonqing Environmental (HKSE:01855), the current Piotroski F-Score is 7 as of Aug. 15, 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 Zonqing Environmental (HKSE:01855) Overvalued in 2026?
Based on GuruFocus' analysis, Zonqing Environmental stock appears to be undervalued.
The current stock price of HK$0.20 is trading 97.1% below its estimated GF Value™ of HK$6.71.
GuruFocus considers Zonqing Environmental to be Possible Value Trap.
Key valuation signals for HKSE:01855:
Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
GF Value™: HK$6.71 vs. price of HK$0.20 (97.1% below fair value)
Industry Position: 40% above the Construction median (#191 of 1736)
No single metric tells the full story. See the HKSE:01855 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zonqing Environmental Ltd is principally engaged in city renewal services, city operation and maintenance services, town planning design services and cultural tourism.. Its business segments include City renewal construction services: City operation and maintenance services: Town planning design services: and Cultural tourism. A majority of revenue is derived from the City renewal construction services segment includes construction engineering services in various fields such as landscaping and municipal project. The group's revenue is generated in the PRC.
68GF Score
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Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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