MicroPort NeuroScientific (HKSE:02172) Piotroski F-Score: 8 (As of Aug. 11, 2026) — 14% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:02172 MicroPort NeuroScientific Corp HKSE:02172
93 GF Score
Price HK$9.02
GF Value HK$13.19
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is MicroPort NeuroScientific Piotroski F-Score?

MicroPort NeuroScientific HKSE:02172 -1.20% 93 Piotroski F-Score is 8 as of Aug. 11, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates HKSE:02172 with a GF Score™ of 93/100 and a GF Value™ of HK$13.19 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 800 Medical Devices & Instruments companies, MicroPort NeuroScientific ranks better than 98.62% 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

MicroPort NeuroScientific 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 MicroPort NeuroScientific's Piotroski F-Score or its related term are showing as below:

HKSE:02172' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 8
Current: 8

During the past 7 years, the highest Piotroski F-Score of MicroPort NeuroScientific was 8. The lowest was 5. And the median was 7.

MicroPort NeuroScientific  (HKSE:02172) 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.


MicroPort NeuroScientific Piotroski F-Score Related Terms


MicroPort NeuroScientific Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for MicroPort NeuroScientific'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.

MicroPort NeuroScientific Piotroski F-Score Chart

MicroPort NeuroScientific Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 6.00 5.00 7.00 7.00 8.00

MicroPort NeuroScientific 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 7.00 0.00 7.00 0.00 8.00

HKSE:02172 vs ABT, SYK, MDT: Piotroski F-Score Comparison

For the Medical Devices subindustry, MicroPort NeuroScientific'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.


MicroPort NeuroScientific Piotroski F-Score vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, MicroPort NeuroScientific's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where MicroPort NeuroScientific's Piotroski F-Score falls into.


HKSE:02172
93GF Score
MicroPort NeuroScientific Corp HKSE:02172
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$203.8 Mil.
Cash Flow from Operations was HK$223.2 Mil.
Revenue was HK$873.3 Mil.
Gross Profit was HK$641.5 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (2180.759 + 2328.672) / 2 = HK$2254.7155 Mil.
Total Assets at the begining of this year (Dec24) was HK$2,180.8 Mil.
Long-Term Debt & Capital Lease Obligation was HK$2.2 Mil.
Total Current Assets was HK$1,655.6 Mil.
Total Current Liabilities was HK$275.6 Mil.
Net Income was HK$271.4 Mil.

Revenue was HK$813.3 Mil.
Gross Profit was HK$593.5 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (2144.508 + 2180.759) / 2 = HK$2162.6335 Mil.
Total Assets at the begining of last year (Dec23) was HK$2,144.5 Mil.
Long-Term Debt & Capital Lease Obligation was HK$15.8 Mil.
Total Current Assets was HK$1,462.8 Mil.
Total Current Liabilities was HK$279.2 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.

MicroPort NeuroScientific's current Net Income (TTM) was 203.8. ==> 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.

MicroPort NeuroScientific's current Cash Flow from Operations (TTM) was 223.2. ==> 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)
=203.833/2180.759
=0.09346883

ROA (Last Year)=Net Income/Total Assets (Dec23)
=271.365/2144.508
=0.12653951

MicroPort NeuroScientific's return on assets of this year was 0.09346883. MicroPort NeuroScientific's return on assets of last year was 0.12653951. ==> 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.

MicroPort NeuroScientific's current Net Income (TTM) was 203.8. MicroPort NeuroScientific's current Cash Flow from Operations (TTM) was 223.2. ==> 223.2 > 203.8 ==> 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
=2.202/2254.7155
=0.00097662

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=15.762/2162.6335
=0.00728834

MicroPort NeuroScientific's gearing of this year was 0.00097662. MicroPort NeuroScientific's gearing of last year was 0.00728834. ==> 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
=1655.644/275.58
=6.00785253

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=1462.791/279.237
=5.23852856

MicroPort NeuroScientific's current ratio of this year was 6.00785253. MicroPort NeuroScientific's current ratio of last year was 5.23852856. ==> 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.

MicroPort NeuroScientific's number of shares in issue this year was 570.549. MicroPort NeuroScientific's number of shares in issue last year was 579.057. ==> 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
=641.537/873.266
=0.73464099

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=593.548/813.312
=0.72979127

MicroPort NeuroScientific's gross margin of this year was 0.73464099. MicroPort NeuroScientific's gross margin of last year was 0.72979127. ==> 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)
=873.266/2180.759
=0.40044131

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=813.312/2144.508
=0.37925342

MicroPort NeuroScientific's asset turnover of this year was 0.40044131. MicroPort NeuroScientific's asset turnover of last year was 0.37925342. ==> 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+0+1+1+1+1+1+1
=8

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

MicroPort NeuroScientific 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?
MicroPort NeuroScientific (HKSE:02172) has a Piotroski F-Score of 8 as of Aug. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on MicroPort NeuroScientific and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, MicroPort NeuroScientific's Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, MicroPort NeuroScientific ranks #11 out of 800 companies in the Medical Devices & Instruments industry, placing it in the top 1.4%.
Is MicroPort NeuroScientific's Piotroski F-Score too high?
MicroPort NeuroScientific's 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 5.00 to a high of 8.00. The Medical Devices & Instruments industry median Piotroski F-Score is 5.00. MicroPort NeuroScientific's value of 8 is 60% above this industry median. Based on the distribution chart, MicroPort NeuroScientific ranks #11 out of 800 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, MicroPort NeuroScientific has a GF Score™ of 93/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MicroPort NeuroScientific's Piotroski F-Score compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, MicroPort NeuroScientific ranks #11 out of 800 companies for Piotroski F-Score. This places MicroPort NeuroScientific in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. MicroPort NeuroScientific's value of 8 is 60% above this benchmark. Historically, MicroPort NeuroScientific's own Piotroski F-Score has ranged from 5.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, MicroPort NeuroScientific 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 Medical Devices & Instruments company?
The median Piotroski F-Score among Medical Devices & Instruments companies is 5.00, based on 800 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. MicroPort NeuroScientific'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 MicroPort NeuroScientific and its competitors. For the Medical Devices & Instruments 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. MicroPort NeuroScientific'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 MicroPort NeuroScientific stock overvalued right now?
Based on GuruFocus' analysis, MicroPort NeuroScientific (HKSE:02172) is currently considered Possible Value Trap. The stock's GF Value™ is HK$13.19, compared to a current price of HK$9.02 — trading 31.6% 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 Medical Devices & Instruments industry median of 5.00. MicroPort NeuroScientific's overall GF Score™ is 93/100 with 3 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 MicroPort NeuroScientific (HKSE:02172), the current Piotroski F-Score is 8 as of Aug. 11, 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 MicroPort NeuroScientific (HKSE:02172) Overvalued in 2026?

Based on GuruFocus' analysis, MicroPort NeuroScientific stock appears to be undervalued. The current stock price of HK$9.02 is trading 31.6% below its estimated GF Value™ of HK$13.19. GuruFocus considers MicroPort NeuroScientific to be Possible Value Trap.

Key valuation signals for HKSE:02172:

  • Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
  • GF Value™: HK$13.19 vs. price of HK$9.02 (31.6% below fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 60% above the Medical Devices & Instruments median (#11 of 800)

No single metric tells the full story. See the HKSE:02172 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MicroPort NeuroScientific Business Description

Address No. 1661 Zhangdong Road, Zhangjiang High-tech Park, Pudong New Area, Shanghai, CHN
MicroPort NeuroScientific Corp is in the neuro-interventional medical device industry, dedicated to providing solutions for physicians and patients. The company boasts a comprehensive portfolio of approved therapeutic products covering all of three main areas of neurovascular disease, namely hemorrhagic stroke, cerebral atherosclerotic stenosis, and acute ischemic stroke. The company generates almost all of its revenue from the sale of medical devices. Geographically, the company generates the majority of its revenue from the PRC region, and also has operations in Israel.
93GF Score

Get the complete analysis for HKSE:02172

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

HK$9.02
Price
HK$13.19
GF Value