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China Graphite GroupHKSE:02237 54 Piotroski F-Score is 7 as of Aug. 28, 2026, which is at its 10-year median of 7.00. GuruFocus rates HKSE:02237 with a GF Score™ of 54/100 and a GF Value™ of HK$0.33 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,511 Metals & Mining companies, China Graphite Group ranks better than 95.3% 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
China Graphite Group 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 China Graphite Group's Piotroski F-Score or its related term are showing as below:
HKSE:02237'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 7 Max: 8
Current: 7
During the past 7 years, the highest Piotroski F-Score of China Graphite Group was 8. The lowest was 3. And the median was 7.
China Graphite Group (HKSE:02237) 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.
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.
China Graphite Group Piotroski F-Score Related Terms
China Graphite Group Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for China Graphite 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.
China Graphite Group Piotroski F-Score Competitor Comparison
For the Other Industrial Metals & Mining subindustry, China Graphite 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.
China Graphite Group Piotroski F-Score vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, China Graphite Group's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where China Graphite Group'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.
China Graphite Group's current Net Income (TTM) was 5.4.
==> 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.
China Graphite Group's return on assets of this year was 0.0090249. China Graphite Group's return on assets of last year was -0.02119897.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
China Graphite Group's gearing of this year was 0.00930437. China Graphite Group's gearing of last year was 0.00119507.
==> 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
China Graphite Group's current ratio of this year was 1.49669509. China Graphite Group's current ratio of last year was 1.74594377.
==> 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.
China Graphite Group's number of shares in issue this year was 1600. China Graphite Group's number of shares in issue last year was 1602.692.
==> 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.
China Graphite Group's gross margin of this year was 0.29389096. China Graphite Group's gross margin of last year was 0.29202795.
==> 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
China Graphite Group's asset turnover of this year was 0.281339. China Graphite Group's asset turnover of last year was 0.24143035.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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7
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
China Graphite Group has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
China Graphite Group (HKSE:02237) has a Piotroski F-Score of 7 as of Aug. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on China Graphite Group and its competitors. This is near median its historical median of 7.00. Over the past decade, China Graphite Group's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, China Graphite Group ranks #118 out of 2511 companies in the Metals & Mining industry, placing it in the top 4.7%.
Is China Graphite Group's Piotroski F-Score too high?
China Graphite Group's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Metals & Mining industry median Piotroski F-Score is 3.00. China Graphite Group's value of 7 is 133.3% above this industry median. Based on the distribution chart, China Graphite Group ranks #118 out of 2511 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, China Graphite Group has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Graphite Group's Piotroski F-Score compare to competitors?
According to the Metals & Mining industry distribution chart, China Graphite Group ranks #118 out of 2511 companies for Piotroski F-Score. This places China Graphite Group in the top 5% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. China Graphite Group's value of 7 is 133.3% above this benchmark. Historically, China Graphite Group'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 7.00 vs. the industry median of 3.00, China Graphite Group 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 Metals & Mining company?
The median Piotroski F-Score among Metals & Mining companies is 3.00, based on 2,511 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. China Graphite Group's current Piotroski F-Score of 7 is 133.3% 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 China Graphite Group and its competitors. For the Metals & Mining 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. China Graphite Group's current Piotroski F-Score is 7, which is near 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 China Graphite Group stock overvalued right now?
Based on GuruFocus' analysis, China Graphite Group (HKSE:02237) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.33, compared to a current price of HK$0.21 — trading 37.9% below its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 133.3% above the Metals & Mining industry median of 3.00. China Graphite Group's overall GF Score™ is 54/100 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 China Graphite Group (HKSE:02237), the current Piotroski F-Score is 7 as of Aug. 28, 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 China Graphite Group (HKSE:02237) Overvalued in 2026?
Based on GuruFocus' analysis, China Graphite Group stock appears to be undervalued.
The current stock price of HK$0.21 is trading 37.9% below its estimated GF Value™ of HK$0.33.
GuruFocus considers China Graphite Group to be Possible Value Trap.
Key valuation signals for HKSE:02237:
Piotroski F-Score: 7 (near median its 10-year median of 7.00)
GF Value™: HK$0.33 vs. price of HK$0.21 (37.9% below fair value)
Industry Position: 133.3% above the Metals & Mining median (#118 of 2511)
No single metric tells the full story. See the HKSE:02237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Graphite Group Ltd is engaged in the manufacturing and sale of graphite products, focusing on the production and sale of flake graphite concentrate and spherical graphite in the PRC. The company operates through reportable segments comprising the sale of flake graphite concentrate, which generates the majority of its revenue, and the sale of spherical graphite and its by-products, along with unprocessed marble.
54GF Score
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