Dexin Services Group (HKSE:02215) Piotroski F-Score: 5 (As of Aug. 13, 2026) — 17% Below Median

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HKSE:02215 Dexin Services Group Ltd HKSE:02215
72 GF Score
Price HK$0.29
GF Value HK$1.65
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Dexin Services Group Piotroski F-Score?

Dexin Services Group HKSE:02215 -3.33% 72 Piotroski F-Score is 5 as of Aug. 13, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates HKSE:02215 with a GF Score™ of 72/100 and a GF Value™ of HK$1.65 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,749 Real Estate companies, Dexin Services Group ranks better than 59.81% 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

Dexin Services 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 Dexin Services Group's Piotroski F-Score or its related term are showing as below:

HKSE:02215' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 6   Max: 8
Current: 5

During the past 8 years, the highest Piotroski F-Score of Dexin Services Group was 8. The lowest was 1. And the median was 6.

Dexin Services Group  (HKSE:02215) 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.


Dexin Services Group Piotroski F-Score Related Terms


Dexin Services Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Dexin Services 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.

Dexin Services Group Piotroski F-Score Chart

Dexin Services Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 7.00 1.00 6.00 4.00 5.00

Dexin Services Group Semi-Annual Data
Dec18 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 6.00 0.00 4.00 0.00 5.00

HKSE:02215 vs CBRE, BEKE, JLL: Piotroski F-Score Comparison

For the Real Estate Services subindustry, Dexin Services 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.


Dexin Services Group Piotroski F-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Dexin Services Group's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Dexin Services Group's Piotroski F-Score falls into.


HKSE:02215
72GF Score
Dexin Services Group Ltd HKSE:02215
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$-242.0 Mil.
Cash Flow from Operations was HK$22.4 Mil.
Revenue was HK$978.6 Mil.
Gross Profit was HK$189.9 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (1431.862 + 1268.513) / 2 = HK$1350.1875 Mil.
Total Assets at the begining of this year (Dec24) was HK$1,431.9 Mil.
Long-Term Debt & Capital Lease Obligation was HK$0.4 Mil.
Total Current Assets was HK$988.7 Mil.
Total Current Liabilities was HK$755.4 Mil.
Net Income was HK$41.1 Mil.

Revenue was HK$996.6 Mil.
Gross Profit was HK$200.3 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (1558.251 + 1431.862) / 2 = HK$1495.0565 Mil.
Total Assets at the begining of last year (Dec23) was HK$1,558.3 Mil.
Long-Term Debt & Capital Lease Obligation was HK$10.7 Mil.
Total Current Assets was HK$1,389.4 Mil.
Total Current Liabilities was HK$684.2 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.

Dexin Services Group's current Net Income (TTM) was -242.0. ==> 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.

Dexin Services Group's current Cash Flow from Operations (TTM) was 22.4. ==> 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)
=-241.997/1431.862
=-0.16900861

ROA (Last Year)=Net Income/Total Assets (Dec23)
=41.077/1558.251
=0.02636096

Dexin Services Group's return on assets of this year was -0.16900861. Dexin Services Group's return on assets of last year was 0.02636096. ==> 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.

Dexin Services Group's current Net Income (TTM) was -242.0. Dexin Services Group's current Cash Flow from Operations (TTM) was 22.4. ==> 22.4 > -242.0 ==> 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
=0.367/1350.1875
=0.00027181

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=10.677/1495.0565
=0.00714154

Dexin Services Group's gearing of this year was 0.00027181. Dexin Services Group's gearing of last year was 0.00714154. ==> 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
=988.675/755.445
=1.30873194

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=1389.426/684.243
=2.03060316

Dexin Services Group's current ratio of this year was 1.30873194. Dexin Services Group's current ratio of last year was 2.03060316. ==> 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.

Dexin Services Group's number of shares in issue this year was 882.422. Dexin Services Group's number of shares in issue last year was 920.093. ==> 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
=189.942/978.622
=0.19409128

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=200.296/996.59
=0.20098135

Dexin Services Group's gross margin of this year was 0.19409128. Dexin Services Group's gross margin of last year was 0.20098135. ==> 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)
=978.622/1431.862
=0.68346112

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=996.59/1558.251
=0.63955679

Dexin Services Group's asset turnover of this year was 0.68346112. Dexin Services Group's asset turnover of last year was 0.63955679. ==> 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

Dexin Services 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?
Dexin Services Group (HKSE:02215) has a Piotroski F-Score of 5 as of Aug. 13, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Dexin Services Group and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Dexin Services Group's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Dexin Services Group ranks #703 out of 1749 companies in the Real Estate industry, placing it in the top 40.2%.
Is Dexin Services Group's Piotroski F-Score too high?
Dexin Services Group's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Real Estate industry median Piotroski F-Score is 5.00. Dexin Services Group's value of 5 is 0% at this industry median. Based on the distribution chart, Dexin Services Group ranks #703 out of 1749 companies in the Real Estate industry, which is above the industry midpoint. Overall, Dexin Services Group has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dexin Services Group's Piotroski F-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Dexin Services Group ranks #703 out of 1749 companies for Piotroski F-Score. This puts Dexin Services Group in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Dexin Services Group's value of 5 is 0% at this benchmark. Historically, Dexin Services Group's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Dexin Services Group has consistently been at 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 Real Estate company?
The median Piotroski F-Score among Real Estate companies is 5.00, based on 1,749 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. Dexin Services Group's current Piotroski F-Score of 5 is 0% at 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 Dexin Services Group and its competitors. For the Real Estate 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. Dexin Services Group's current Piotroski F-Score is 5, which is 17% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dexin Services Group stock overvalued right now?
Based on GuruFocus' analysis, Dexin Services Group (HKSE:02215) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.65, compared to a current price of HK$0.29 — trading 82.4% below its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Real Estate industry median of 5.00. Dexin Services Group's overall GF Score™ is 72/100 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 Dexin Services Group (HKSE:02215), the current Piotroski F-Score is 5 as of Aug. 13, 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 Dexin Services Group (HKSE:02215) Overvalued in 2026?

Based on GuruFocus' analysis, Dexin Services Group stock appears to be undervalued. The current stock price of HK$0.29 is trading 82.4% below its estimated GF Value™ of HK$1.65. GuruFocus considers Dexin Services Group to be Possible Value Trap.

Key valuation signals for HKSE:02215:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: HK$1.65 vs. price of HK$0.29 (82.4% below fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 0% at the Real Estate median (#703 of 1749)

No single metric tells the full story. See the HKSE:02215 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dexin Services Group Business Description

Address Liangzhu Street, Yangfan Business Centre, Room 304, Building 1, Yuhang District, Hangzhou, CHN
Dexin Services Group Ltd is a property management service provider in Zhejiang province. It provides a wide range of services for both residential and non-residential properties through three business lines, namely, property management services, value-added services to non-property owners, and community value-added services. The company derives all of its revenue from the PRC.
72GF Score

Get the complete analysis for HKSE:02215

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

HK$0.29
Price
HK$1.65
GF Value