Autostreets Development (HKSE:02443) Piotroski F-Score: 7 (As of Jul. 13, 2026) — 17% Above Median


HKSE:02443 Autostreets Development Ltd HKSE:02443
20 GF Score
Price HK$1.58
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What is Autostreets Development Piotroski F-Score?

Autostreets Development HKSE:02443 -0.63% 20 Piotroski F-Score is 7 as of Jul. 13, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates HKSE:02443 with a GF Score™ of 20/100. The stock has 4 warning signs investors should review. Among 1,286 Vehicles & Parts companies, Autostreets Development ranks better than 89.27% 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

Autostreets Development 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 Autostreets Development's Piotroski F-Score or its related term are showing as below:

HKSE:02443' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 6   Max: 7
Current: 7

During the past 5 years, the highest Piotroski F-Score of Autostreets Development was 7. The lowest was 5. And the median was 6.

Autostreets Development  (HKSE:02443) 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.


Autostreets Development Piotroski F-Score Related Terms


Autostreets Development Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Autostreets Development'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.

Autostreets Development Piotroski F-Score Chart

Autostreets Development Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 6.00 5.00 7.00

Autostreets Development Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial 6.00 0.00 5.00 0.00 7.00

HKSE:02443 vs CVNA, PAG, ALTB: Piotroski F-Score Comparison

For the Auto & Truck Dealerships subindustry, Autostreets Development'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.


Autostreets Development Piotroski F-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Autostreets Development's Piotroski F-Score distribution charts can be found below:

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


HKSE:02443
20GF Score
Autostreets Development Ltd HKSE:02443
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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$9.1 Mil.
Cash Flow from Operations was HK$41.3 Mil.
Revenue was HK$299.5 Mil.
Gross Profit was HK$187.5 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (1334.842 + 1359.255) / 2 = HK$1347.0485 Mil.
Total Assets at the begining of this year (Dec24) was HK$1,334.8 Mil.
Long-Term Debt & Capital Lease Obligation was HK$47.1 Mil.
Total Current Assets was HK$1,277.1 Mil.
Total Current Liabilities was HK$261.0 Mil.
Net Income was HK$-131.3 Mil.

Revenue was HK$436.2 Mil.
Gross Profit was HK$272.4 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (1254.262 + 1334.842) / 2 = HK$1294.552 Mil.
Total Assets at the begining of last year (Dec23) was HK$1,254.3 Mil.
Long-Term Debt & Capital Lease Obligation was HK$53.8 Mil.
Total Current Assets was HK$1,236.5 Mil.
Total Current Liabilities was HK$280.0 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.

Autostreets Development's current Net Income (TTM) was 9.1. ==> 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.

Autostreets Development's current Cash Flow from Operations (TTM) was 41.3. ==> 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)
=9.132/1334.842
=0.00684126

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-131.327/1254.262
=-0.1047046

Autostreets Development's return on assets of this year was 0.00684126. Autostreets Development's return on assets of last year was -0.1047046. ==> 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.

Autostreets Development's current Net Income (TTM) was 9.1. Autostreets Development's current Cash Flow from Operations (TTM) was 41.3. ==> 41.3 > 9.1 ==> 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
=47.058/1347.0485
=0.03493415

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=53.835/1294.552
=0.04158582

Autostreets Development's gearing of this year was 0.03493415. Autostreets Development's gearing of last year was 0.04158582. ==> 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
=1277.116/261.049
=4.89224628

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=1236.537/280.034
=4.41566738

Autostreets Development's current ratio of this year was 4.89224628. Autostreets Development's current ratio of last year was 4.41566738. ==> 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.

Autostreets Development's number of shares in issue this year was 832.662. Autostreets Development's number of shares in issue last year was 803.427. ==> 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
=187.504/299.463
=0.62613411

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=272.393/436.241
=0.62440944

Autostreets Development's gross margin of this year was 0.62613411. Autostreets Development's gross margin of last year was 0.62440944. ==> 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)
=299.463/1334.842
=0.22434341

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=436.241/1254.262
=0.34780692

Autostreets Development's asset turnover of this year was 0.22434341. Autostreets Development's asset turnover of last year was 0.34780692. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+1+1+0+1+0
=7

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

Autostreets Development has an F-score of 7. 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 7 mean?
Autostreets Development (HKSE:02443) has a Piotroski F-Score of 7 as of Jul. 13, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Autostreets Development and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Autostreets Development's Piotroski F-Score has ranged from 5.00 to 7.00. According to the industry distribution chart, Autostreets Development ranks #138 out of 1286 companies in the Vehicles & Parts industry, placing it in the top 10.7%.
Is Autostreets Development's Piotroski F-Score too high?
Autostreets Development's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 7.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. Autostreets Development's value of 7 is 40% above this industry median. Based on the distribution chart, Autostreets Development ranks #138 out of 1286 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Autostreets Development has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Autostreets Development's Piotroski F-Score compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Autostreets Development ranks #138 out of 1286 companies for Piotroski F-Score. This places Autostreets Development in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Autostreets Development's value of 7 is 40% above this benchmark. Historically, Autostreets Development's own Piotroski F-Score has ranged from 5.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Autostreets Development 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,286 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. Autostreets Development's current Piotroski F-Score of 7 is 40% 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 Autostreets Development and its competitors. For the Vehicles & Parts 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. Autostreets Development's current Piotroski F-Score is 7, which is 17% above 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 Autostreets Development stock overvalued right now?
Autostreets Development (HKSE:02443) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Vehicles & Parts industry median of 5.00. Autostreets Development's overall GF Score™ is 20/100 with 4 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 Autostreets Development (HKSE:02443), the current Piotroski F-Score is 7 as of Jul. 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.

Autostreets Development Business Description

Address Zhenbei Road, No. 2251, 6th Floor, Kailong Center, Putuo District, Shanghai, CHN
Autostreets Development Ltd is engaged in used vehicle transaction service provider. The company connects used vehicle buyers and sellers through its transaction platform in two auction formats, namely online-offline integrated auction and online auction. The company generates all of its revenues from PRC China.
20GF Score

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