Lepu Biopharma Co (HKSE:02157) Piotroski F-Score: 6 (As of Aug. 12, 2026) — 50% Above Median

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HKSE:02157 Lepu Biopharma Co Ltd HKSE:02157
44 GF Score
Price HK$4.65
GF Value HK$15.69
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Lepu Biopharma Co Piotroski F-Score?

Lepu Biopharma Co HKSE:02157 -2.92% 44 Piotroski F-Score is 6 as of Aug. 12, 2026, which is 50% above its 10-year median of 4.00. GuruFocus rates HKSE:02157 with a GF Score™ of 44/100 and a GF Value™ of HK$15.69 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,320 Biotechnology companies, Lepu Biopharma Co ranks better than 91.82% 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

Lepu Biopharma Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Lepu Biopharma Co's Piotroski F-Score or its related term are showing as below:

HKSE:02157' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 6
Current: 6

During the past 7 years, the highest Piotroski F-Score of Lepu Biopharma Co was 6. The lowest was 2. And the median was 4.

Lepu Biopharma Co  (HKSE:02157) 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.


Lepu Biopharma Co Piotroski F-Score Related Terms


Lepu Biopharma Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Lepu Biopharma Co'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.

Lepu Biopharma Co Piotroski F-Score Chart

Lepu Biopharma Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 2.00 6.00 4.00 3.00 6.00

Lepu Biopharma Co Semi-Annual Data
Dec19 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 4.00 0.00 3.00 0.00 6.00

HKSE:02157 vs VRTX, REGN, RVMD: Piotroski F-Score Comparison

For the Biotechnology subindustry, Lepu Biopharma Co'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.


Lepu Biopharma Co Piotroski F-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Lepu Biopharma Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Lepu Biopharma Co's Piotroski F-Score falls into.


HKSE:02157
44GF Score
Lepu Biopharma Co Ltd HKSE:02157
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$289 Mil.
Cash Flow from Operations was HK$-14 Mil.
Revenue was HK$1,033 Mil.
Gross Profit was HK$934 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (2435.024 + 3424.299) / 2 = HK$2929.6615 Mil.
Total Assets at the begining of this year (Dec24) was HK$2,435 Mil.
Long-Term Debt & Capital Lease Obligation was HK$304 Mil.
Total Current Assets was HK$1,262 Mil.
Total Current Liabilities was HK$1,284 Mil.
Net Income was HK$-439 Mil.

Revenue was HK$393 Mil.
Gross Profit was HK$313 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (2607.904 + 2435.024) / 2 = HK$2521.464 Mil.
Total Assets at the begining of last year (Dec23) was HK$2,608 Mil.
Long-Term Debt & Capital Lease Obligation was HK$285 Mil.
Total Current Assets was HK$689 Mil.
Total Current Liabilities was HK$1,114 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.

Lepu Biopharma Co's current Net Income (TTM) was 289. ==> 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.

Lepu Biopharma Co's current Cash Flow from Operations (TTM) was -14. ==> 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.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec24)
=288.735/2435.024
=0.11857583

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-439.215/2607.904
=-0.16841686

Lepu Biopharma Co's return on assets of this year was 0.11857583. Lepu Biopharma Co's return on assets of last year was -0.16841686. ==> 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.

Lepu Biopharma Co's current Net Income (TTM) was 289. Lepu Biopharma Co's current Cash Flow from Operations (TTM) was -14. ==> -14 <= 289 ==> CFROA <= ROA ==> Score 0.

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
=304.408/2929.6615
=0.10390552

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=285.49/2521.464
=0.1132239

Lepu Biopharma Co's gearing of this year was 0.10390552. Lepu Biopharma Co's gearing of last year was 0.1132239. ==> 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
=1261.918/1283.756
=0.98298898

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=689.191/1114.13
=0.61859119

Lepu Biopharma Co's current ratio of this year was 0.98298898. Lepu Biopharma Co's current ratio of last year was 0.61859119. ==> 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.

Lepu Biopharma Co's number of shares in issue this year was 1755.085. Lepu Biopharma Co's number of shares in issue last year was 1690.482. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=933.8/1032.773
=0.90416771

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=312.796/392.683
=0.79656109

Lepu Biopharma Co's gross margin of this year was 0.90416771. Lepu Biopharma Co's gross margin of last year was 0.79656109. ==> 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)
=1032.773/2435.024
=0.42413258

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=392.683/2607.904
=0.15057418

Lepu Biopharma Co's asset turnover of this year was 0.42413258. Lepu Biopharma Co's asset turnover of last year was 0.15057418. ==> 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+0+1+0+1+1+0+1+1
=6

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

Lepu Biopharma Co has an F-score of 6 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 6 mean?
Lepu Biopharma Co (HKSE:02157) has a Piotroski F-Score of 6 as of Aug. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Lepu Biopharma Co and its competitors. This is 50% above median its historical median of 4.00. Over the past decade, Lepu Biopharma Co's Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, Lepu Biopharma Co ranks #108 out of 1320 companies in the Biotechnology industry, placing it in the top 8.2%.
Is Lepu Biopharma Co's Piotroski F-Score too high?
Lepu Biopharma Co's current Piotroski F-Score of 6 is 50% above 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 Biotechnology industry median Piotroski F-Score is 3.00. Lepu Biopharma Co's value of 6 is 100% above this industry median. Based on the distribution chart, Lepu Biopharma Co ranks #108 out of 1320 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Lepu Biopharma Co has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lepu Biopharma Co's Piotroski F-Score compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Lepu Biopharma Co ranks #108 out of 1320 companies for Piotroski F-Score. This places Lepu Biopharma Co in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. Lepu Biopharma Co's value of 6 is 100% above this benchmark. Historically, Lepu Biopharma Co'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, Lepu Biopharma Co 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 Biotechnology company?
The median Piotroski F-Score among Biotechnology companies is 3.00, based on 1,320 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. Lepu Biopharma Co's current Piotroski F-Score of 6 is 100% 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 Lepu Biopharma Co and its competitors. For the Biotechnology 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. Lepu Biopharma Co's current Piotroski F-Score is 6, which is 50% above 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 Lepu Biopharma Co stock overvalued right now?
Based on GuruFocus' analysis, Lepu Biopharma Co (HKSE:02157) is currently considered Possible Value Trap. The stock's GF Value™ is HK$15.69, compared to a current price of HK$4.65 — trading 70.4% below its estimated fair value. The current Piotroski F-Score is 6, which is 50% above median its 10-year median of 4.00 and 100% above the Biotechnology industry median of 3.00. Lepu Biopharma Co's overall GF Score™ is 44/100 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 Lepu Biopharma Co (HKSE:02157), the current Piotroski F-Score is 6 as of Aug. 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 Lepu Biopharma Co (HKSE:02157) Overvalued in 2026?

Based on GuruFocus' analysis, Lepu Biopharma Co stock appears to be undervalued. The current stock price of HK$4.65 is trading 70.4% below its estimated GF Value™ of HK$15.69. GuruFocus considers Lepu Biopharma Co to be Possible Value Trap.

Key valuation signals for HKSE:02157:

  • Piotroski F-Score: 6 (50% above median its 10-year median of 4.00)
  • GF Value™: HK$15.69 vs. price of HK$4.65 (70.4% below fair value)
  • GF Score™: 44/100 with 6 warning signs
  • Industry Position: 100% above the Biotechnology median (#108 of 1320)

No single metric tells the full story. See the HKSE:02157 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lepu Biopharma Co Business Description

Address Lianheng Road, Block 4, No. 651, Minhang District, Shanghai, CHN, 201112
Lepu Biopharma Co Ltd is focused on discovering, developing, and commercializing drug candidates in anti-tumor targeted therapy and oncology immunotherapy. Its commercial products include Puyouheng (Pucotenlimab Injection) and Meiyouheng (Becotatug Vedotin Injection). In addition, two other products, CMG901 and MRG007, have also been licensed out through its business development activities. Additionally, the company has several clinical-stage drug candidates and clinical-stage combination therapies of candidates, which are being developed as targeted therapeutics and immunotherapeutics. The various drug candidates in its pipeline include MRG003, MRG002, MRG004A, CG0070, MRG001, and MRG006A, among others. Geographically, the company generates maximum revenue from the Chinese mainland.
44GF Score

Get the complete analysis for HKSE:02157

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

HK$4.65
Price
HK$15.69
GF Value