Rego Interactive Co (HKSE:02422) Piotroski F-Score: 4 (As of Jul. 26, 2026) — Near Median

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HKSE:02422 Rego Interactive Co Ltd HKSE:02422
60 GF Score
Price HK$2.04
GF Value HK$0.88
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Rego Interactive Co Piotroski F-Score?

Rego Interactive Co HKSE:02422 -1.92% 60 Piotroski F-Score is 4 as of Jul. 26, 2026, which is at its 10-year median of 4.00. GuruFocus rates HKSE:02422 with a GF Score™ of 60/100 and a GF Value™ of HK$0.88 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,004 Media - Diversified companies, Rego Interactive Co ranks worse than 59.56% 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

Rego Interactive Co has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

HKSE:02422' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 4   Max: 4
Current: 4

During the past 7 years, the highest Piotroski F-Score of Rego Interactive Co was 4. The lowest was 3. And the median was 4.

Rego Interactive Co  (HKSE:02422) 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.


Rego Interactive Co Piotroski F-Score Related Terms


Rego Interactive Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Rego Interactive 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.

Rego Interactive Co Piotroski F-Score Chart

Rego Interactive Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 4.00 4.00 3.00 3.00 4.00

Rego Interactive Co Semi-Annual Data
Dec19 Dec20 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 3.00 0.00 3.00 0.00 4.00

HKSE:02422 vs APP, OMC, TTD: Piotroski F-Score Comparison

For the Advertising Agencies subindustry, Rego Interactive 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.


Rego Interactive Co Piotroski F-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Rego Interactive Co's Piotroski F-Score distribution charts can be found below:

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


HKSE:02422
60GF Score
Rego Interactive Co Ltd HKSE:02422
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$-80.9 Mil.
Cash Flow from Operations was HK$-74.9 Mil.
Revenue was HK$556.3 Mil.
Gross Profit was HK$49.3 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (567.947 + 529.536) / 2 = HK$548.7415 Mil.
Total Assets at the begining of this year (Dec24) was HK$567.9 Mil.
Long-Term Debt & Capital Lease Obligation was HK$0.1 Mil.
Total Current Assets was HK$454.5 Mil.
Total Current Liabilities was HK$218.6 Mil.
Net Income was HK$-40.5 Mil.

Revenue was HK$261.2 Mil.
Gross Profit was HK$70.3 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (697.157 + 567.947) / 2 = HK$632.552 Mil.
Total Assets at the begining of last year (Dec23) was HK$697.2 Mil.
Long-Term Debt & Capital Lease Obligation was HK$5.6 Mil.
Total Current Assets was HK$483.9 Mil.
Total Current Liabilities was HK$177.2 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.

Rego Interactive Co's current Net Income (TTM) was -80.9. ==> 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.

Rego Interactive Co's current Cash Flow from Operations (TTM) was -74.9. ==> 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)
=-80.88/567.947
=-0.14240765

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-40.529/697.157
=-0.05813468

Rego Interactive Co's return on assets of this year was -0.14240765. Rego Interactive Co's return on assets of last year was -0.05813468. ==> 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.

Rego Interactive Co's current Net Income (TTM) was -80.9. Rego Interactive Co's current Cash Flow from Operations (TTM) was -74.9. ==> -74.9 > -80.9 ==> 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
=0.092/548.7415
=0.00016766

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=5.6/632.552
=0.00885303

Rego Interactive Co's gearing of this year was 0.00016766. Rego Interactive Co's gearing of last year was 0.00885303. ==> 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
=454.503/218.633
=2.07883988

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=483.912/177.21
=2.73072626

Rego Interactive Co's current ratio of this year was 2.07883988. Rego Interactive Co's current ratio of last year was 2.73072626. ==> 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.

Rego Interactive Co's number of shares in issue this year was 1485.136. Rego Interactive Co's number of shares in issue last year was 1485.136. ==> 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
=49.339/556.333
=0.08868609

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=70.261/261.202
=0.26899105

Rego Interactive Co's gross margin of this year was 0.08868609. Rego Interactive Co's gross margin of last year was 0.26899105. ==> 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)
=556.333/567.947
=0.97955091

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=261.202/697.157
=0.3746674

Rego Interactive Co's asset turnover of this year was 0.97955091. Rego Interactive Co's asset turnover of last year was 0.3746674. ==> 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+0+0+1+1+0+1+0+1
=4

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

Rego Interactive Co has an F-score of 4 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 4 mean?
Rego Interactive Co (HKSE:02422) has a Piotroski F-Score of 4 as of Jul. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Rego Interactive Co and its competitors. This is near median its historical median of 4.00. Over the past decade, Rego Interactive Co's Piotroski F-Score has ranged from 3.00 to 4.00. According to the industry distribution chart, Rego Interactive Co ranks #598 out of 1004 companies in the Media - Diversified industry, placing it in the top 59.6%.
Is Rego Interactive Co's Piotroski F-Score too high?
Rego Interactive Co's current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 4.00. The Media - Diversified industry median Piotroski F-Score is 5.00. Rego Interactive Co's value of 4 is 20% below this industry median. Based on the distribution chart, Rego Interactive Co ranks #598 out of 1004 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Rego Interactive Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rego Interactive Co's Piotroski F-Score compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Rego Interactive Co ranks #598 out of 1004 companies for Piotroski F-Score. This places Rego Interactive Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Rego Interactive Co's value of 4 is 20% below this benchmark. Historically, Rego Interactive Co's own Piotroski F-Score has ranged from 3.00 to 4.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Rego Interactive Co has consistently been below 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 Media - Diversified company?
The median Piotroski F-Score among Media - Diversified companies is 5.00, based on 1,004 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. Rego Interactive Co's current Piotroski F-Score of 4 is 20% below 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 Rego Interactive Co and its competitors. For the Media - Diversified 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. Rego Interactive Co's current Piotroski F-Score is 4, which is near 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 Rego Interactive Co stock overvalued right now?
Based on GuruFocus' analysis, Rego Interactive Co (HKSE:02422) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.88, compared to a current price of HK$2.04 — trading 131.8% above its estimated fair value. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Media - Diversified industry median of 5.00. Rego Interactive Co's overall GF Score™ is 60/100 with 8 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 Rego Interactive Co (HKSE:02422), the current Piotroski F-Score is 4 as of Jul. 26, 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 Rego Interactive Co (HKSE:02422) Overvalued in 2026?

Based on GuruFocus' analysis, Rego Interactive Co stock appears to be overvalued. The current stock price of HK$2.04 is trading 131.8% above its estimated GF Value™ of HK$0.88. GuruFocus considers Rego Interactive Co to be Significantly Overvalued.

Key valuation signals for HKSE:02422:

  • Piotroski F-Score: 4 (near median its 10-year median of 4.00)
  • GF Value™: HK$0.88 vs. price of HK$2.04 (131.8% above fair value)
  • GF Score™: 60/100 with 8 warning signs
  • Industry Position: 20% below the Media - Diversified median (#598 of 1004)

No single metric tells the full story. See the HKSE:02422 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rego Interactive Co Business Description

Address No. 77 Yinxi Road, Yinhu Street, 19th Floor, Runge Interactive Headquarters Building, Fuyang District, Hangzhou, CHN, 311400
Rego Interactive Co Ltd is engaged in providing marketing and promotion services and IT solutions services in the PRC. The group has two reporting segments namely provision of corporate digitalization solutions services and provision of industry digitalization solutions services. The Corporate digitalization solutions services mainly comprise the Groups traditional marketing and promotion services, advertisement placement services, advertisement distribution services, virtual goods sourcing and delivery services, tangible goods sourcing and delivery services and software development and maintenance services. The Industry digitalization solutions services mainly comprise the groups solutions on lottery related software systems and equipment.
60GF Score

Get the complete analysis for HKSE:02422

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

HK$2.04
Price
HK$0.88
GF Value