Luyuan Group Holding (Cayman) (HKSE:02451) Piotroski F-Score: 8 (As of Aug. 01, 2026) — 14% Above Median

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HKSE:02451 Luyuan Group Holding (Cayman) Ltd HKSE:02451
46 GF Score
Price HK$12.50
! 4 Warning Signs
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What is Luyuan Group Holding (Cayman) Piotroski F-Score?

Luyuan Group Holding (Cayman) HKSE:02451 +6.11% 46 Piotroski F-Score is 8 as of Aug. 01, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates HKSE:02451 with a GF Score™ of 46/100. The stock has 4 warning signs investors should review. Among 1,282 Vehicles & Parts companies, Luyuan Group Holding (Cayman) ranks better than 97.74% 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

Luyuan Group Holding (Cayman) 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 Luyuan Group Holding (Cayman)'s Piotroski F-Score or its related term are showing as below:

HKSE:02451' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 7   Max: 8
Current: 8

During the past 6 years, the highest Piotroski F-Score of Luyuan Group Holding (Cayman) was 8. The lowest was 2. And the median was 7.

Luyuan Group Holding (Cayman)  (HKSE:02451) 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.


Luyuan Group Holding (Cayman) Piotroski F-Score Related Terms


Luyuan Group Holding (Cayman) Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Luyuan Group Holding (Cayman)'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.

Luyuan Group Holding (Cayman) Piotroski F-Score Chart

Luyuan Group Holding (Cayman) Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial N/A 7.00 7.00 2.00 8.00

Luyuan Group Holding (Cayman) Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only 7.00 0.00 2.00 0.00 8.00

HKSE:02451 vs TSLA, GM, F: Piotroski F-Score Comparison

For the Auto Manufacturers subindustry, Luyuan Group Holding (Cayman)'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.


Luyuan Group Holding (Cayman) Piotroski F-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Luyuan Group Holding (Cayman)'s Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Luyuan Group Holding (Cayman)'s Piotroski F-Score falls into.


HKSE:02451
46GF Score
Luyuan Group Holding (Cayman) Ltd HKSE:02451
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$193 Mil.
Cash Flow from Operations was HK$496 Mil.
Revenue was HK$6,525 Mil.
Gross Profit was HK$899 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (4616.98 + 5625) / 2 = HK$5120.99 Mil.
Total Assets at the begining of this year (Dec24) was HK$4,617 Mil.
Long-Term Debt & Capital Lease Obligation was HK$391 Mil.
Total Current Assets was HK$3,667 Mil.
Total Current Liabilities was HK$3,324 Mil.
Net Income was HK$125 Mil.

Revenue was HK$5,415 Mil.
Gross Profit was HK$710 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (4224.7 + 4616.98) / 2 = HK$4420.84 Mil.
Total Assets at the begining of last year (Dec23) was HK$4,225 Mil.
Long-Term Debt & Capital Lease Obligation was HK$290 Mil.
Total Current Assets was HK$2,849 Mil.
Total Current Liabilities was HK$2,688 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.

Luyuan Group Holding (Cayman)'s current Net Income (TTM) was 193. ==> 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.

Luyuan Group Holding (Cayman)'s current Cash Flow from Operations (TTM) was 496. ==> 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)
=193.438/4616.98
=0.04189708

ROA (Last Year)=Net Income/Total Assets (Dec23)
=124.658/4224.7
=0.02950695

Luyuan Group Holding (Cayman)'s return on assets of this year was 0.04189708. Luyuan Group Holding (Cayman)'s return on assets of last year was 0.02950695. ==> 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.

Luyuan Group Holding (Cayman)'s current Net Income (TTM) was 193. Luyuan Group Holding (Cayman)'s current Cash Flow from Operations (TTM) was 496. ==> 496 > 193 ==> 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
=391.393/5120.99
=0.07642917

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=289.601/4420.84
=0.06550814

Luyuan Group Holding (Cayman)'s gearing of this year was 0.07642917. Luyuan Group Holding (Cayman)'s gearing of last year was 0.06550814. ==> 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

Current Ratio (This Year: Dec25)=Total Current Assets/Total Current Liabilities
=3667.264/3324.34
=1.10315551

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=2848.858/2687.508
=1.06003703

Luyuan Group Holding (Cayman)'s current ratio of this year was 1.10315551. Luyuan Group Holding (Cayman)'s current ratio of last year was 1.06003703. ==> 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.

Luyuan Group Holding (Cayman)'s number of shares in issue this year was 397.597. Luyuan Group Holding (Cayman)'s number of shares in issue last year was 402.503. ==> 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
=898.779/6525.442
=0.13773458

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=710.016/5415.186
=0.13111572

Luyuan Group Holding (Cayman)'s gross margin of this year was 0.13773458. Luyuan Group Holding (Cayman)'s gross margin of last year was 0.13111572. ==> 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)
=6525.442/4616.98
=1.41335722

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=5415.186/4224.7
=1.28179184

Luyuan Group Holding (Cayman)'s asset turnover of this year was 1.41335722. Luyuan Group Holding (Cayman)'s asset turnover of last year was 1.28179184. ==> 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+1+1+0+1+1+1+1
=8

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

Luyuan Group Holding (Cayman) 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?
Luyuan Group Holding (Cayman) (HKSE:02451) has a Piotroski F-Score of 8 as of Aug. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Luyuan Group Holding (Cayman) and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, Luyuan Group Holding (Cayman)'s Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Luyuan Group Holding (Cayman) ranks #29 out of 1282 companies in the Vehicles & Parts industry, placing it in the top 2.3%.
Is Luyuan Group Holding (Cayman)'s Piotroski F-Score too high?
Luyuan Group Holding (Cayman)'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 2.00 to a high of 8.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. Luyuan Group Holding (Cayman)'s value of 8 is 60% above this industry median. Based on the distribution chart, Luyuan Group Holding (Cayman) ranks #29 out of 1282 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Luyuan Group Holding (Cayman) has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Luyuan Group Holding (Cayman)'s Piotroski F-Score compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Luyuan Group Holding (Cayman) ranks #29 out of 1282 companies for Piotroski F-Score. This places Luyuan Group Holding (Cayman) in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Luyuan Group Holding (Cayman)'s value of 8 is 60% above this benchmark. Historically, Luyuan Group Holding (Cayman)'s own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Luyuan Group Holding (Cayman) 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 1,282 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. Luyuan Group Holding (Cayman)'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 Luyuan Group Holding (Cayman) 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. Luyuan Group Holding (Cayman)'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 Luyuan Group Holding (Cayman) stock overvalued right now?
Luyuan Group Holding (Cayman) (HKSE:02451) has a current Piotroski F-Score of 8. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 60% above the Vehicles & Parts industry median of 5.00. Luyuan Group Holding (Cayman)'s overall GF Score™ is 46/100 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 Luyuan Group Holding (Cayman) (HKSE:02451), the current Piotroski F-Score is 8 as of Aug. 01, 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.

Luyuan Group Holding (Cayman) Business Description

Address No. 168 Shicheng Street, Development Zone, Jinhua Industry Zone, Zhejiang Province, Jinhua, CHN
Luyuan Group Holding (Cayman) Ltd is an investment holding company. The group engaged in the electric vehicle business in the People's Republic of China (the PRC). The Group's majority of its revenue and operating profit was generated from the sales of electric vehicles in the PRC.
46GF Score

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HK$12.50
Price