Voicecomm Technology Co (HKSE:02495) Piotroski F-Score: 6 (As of Jul. 21, 2026) — 20% Above Median

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HKSE:02495 Voicecomm Technology Co Ltd HKSE:02495
45 GF Score
Price HK$38.56
! 6 Warning Signs
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What is Voicecomm Technology Co Piotroski F-Score?

Voicecomm Technology Co HKSE:02495 -0.10% 45 Piotroski F-Score is 6 as of Jul. 21, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates HKSE:02495 with a GF Score™ of 45/100. The stock has 6 warning signs investors should review. Among 2,740 Software companies, Voicecomm Technology Co ranks better than 78.47% 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

Voicecomm Technology Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

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

HKSE:02495' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 6
Current: 6

During the past 6 years, the highest Piotroski F-Score of Voicecomm Technology Co was 6. The lowest was 3. And the median was 5.

Voicecomm Technology Co  (HKSE:02495) 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.


Voicecomm Technology Co Piotroski F-Score Related Terms


Voicecomm Technology Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Voicecomm Technology 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.

Voicecomm Technology Co Piotroski F-Score Chart

Voicecomm Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial N/A 3.00 5.00 5.00 6.00

Voicecomm Technology Co Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only 5.00 N/A 5.00 0.00 6.00

HKSE:02495 vs MSFT, ORCL, PLTR: Piotroski F-Score Comparison

For the Software - Infrastructure subindustry, Voicecomm Technology 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.


Voicecomm Technology Co Piotroski F-Score vs Software Industry

For the Software industry and Technology sector, Voicecomm Technology Co's Piotroski F-Score distribution charts can be found below:

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


HKSE:02495
45GF Score
Voicecomm Technology Co Ltd HKSE:02495
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$150 Mil.
Cash Flow from Operations was HK$235 Mil.
Revenue was HK$1,112 Mil.
Gross Profit was HK$609 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (2557.417 + 3282.326) / 2 = HK$2919.8715 Mil.
Total Assets at the begining of this year (Dec24) was HK$2,557 Mil.
Long-Term Debt & Capital Lease Obligation was HK$7 Mil.
Total Current Assets was HK$1,868 Mil.
Total Current Liabilities was HK$1,376 Mil.
Net Income was HK$-522 Mil.

Revenue was HK$1,005 Mil.
Gross Profit was HK$545 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (1509.559 + 2557.417) / 2 = HK$2033.488 Mil.
Total Assets at the begining of last year (Dec23) was HK$1,510 Mil.
Long-Term Debt & Capital Lease Obligation was HK$11 Mil.
Total Current Assets was HK$1,633 Mil.
Total Current Liabilities was HK$834 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.

Voicecomm Technology Co's current Net Income (TTM) was 150. ==> 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.

Voicecomm Technology Co's current Cash Flow from Operations (TTM) was 235. ==> 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)
=149.673/2557.417
=0.05852507

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-521.745/1509.559
=-0.34562743

Voicecomm Technology Co's return on assets of this year was 0.05852507. Voicecomm Technology Co's return on assets of last year was -0.34562743. ==> 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.

Voicecomm Technology Co's current Net Income (TTM) was 150. Voicecomm Technology Co's current Cash Flow from Operations (TTM) was 235. ==> 235 > 150 ==> 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
=6.53/2919.8715
=0.0022364

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=11.326/2033.488
=0.00556974

Voicecomm Technology Co's gearing of this year was 0.0022364. Voicecomm Technology Co's gearing of last year was 0.00556974. ==> 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
=1868.49/1376.229
=1.35768829

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=1633.387/834.076
=1.95831915

Voicecomm Technology Co's current ratio of this year was 1.35768829. Voicecomm Technology Co's current ratio of last year was 1.95831915. ==> 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.

Voicecomm Technology Co's number of shares in issue this year was 35.524. Voicecomm Technology Co's number of shares in issue last year was 26.064. ==> 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
=608.975/1112.385
=0.54744985

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=544.963/1005.121
=0.54218646

Voicecomm Technology Co's gross margin of this year was 0.54744985. Voicecomm Technology Co's gross margin of last year was 0.54218646. ==> 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)
=1112.385/2557.417
=0.43496426

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=1005.121/1509.559
=0.66583751

Voicecomm Technology Co's asset turnover of this year was 0.43496426. Voicecomm Technology Co's asset turnover of last year was 0.66583751. ==> 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+0+0+1+0
=6

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

Voicecomm Technology Co has an F-score of 6 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 6 mean?
Voicecomm Technology Co (HKSE:02495) has a Piotroski F-Score of 6 as of Jul. 21, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Voicecomm Technology Co and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Voicecomm Technology Co's Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, Voicecomm Technology Co ranks #590 out of 2740 companies in the Software industry, placing it in the top 21.5%.
Is Voicecomm Technology Co's Piotroski F-Score too high?
Voicecomm Technology Co's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. The Software industry median Piotroski F-Score is 5.00. Voicecomm Technology Co's value of 6 is 20% above this industry median. Based on the distribution chart, Voicecomm Technology Co ranks #590 out of 2740 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Voicecomm Technology Co has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Voicecomm Technology Co's Piotroski F-Score compare to MSFT and ORCL?
According to the Software industry distribution chart, Voicecomm Technology Co ranks #590 out of 2740 companies for Piotroski F-Score. This places Voicecomm Technology Co in the top 22% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Voicecomm Technology Co's value of 6 is 20% above this benchmark. Historically, Voicecomm Technology Co's own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Voicecomm Technology Co 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,740 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. Voicecomm Technology Co's current Piotroski F-Score of 6 is 20% 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 Voicecomm Technology Co and its competitors. For the Software 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. Voicecomm Technology Co's current Piotroski F-Score is 6, which is 20% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voicecomm Technology Co stock overvalued right now?
Voicecomm Technology Co (HKSE:02495) has a current Piotroski F-Score of 6. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Software industry median of 5.00. Voicecomm Technology Co's overall GF Score™ is 45/100 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 Voicecomm Technology Co (HKSE:02495), the current Piotroski F-Score is 6 as of Jul. 21, 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.

Voicecomm Technology Co Business Description

Address Gudai Road, 7DEF, Building G, Weijing Center, No. 2337, Minhang District, Shanghai, CHN
Voicecomm Technology Co Ltd is an IT solution provider in China. It provide services for enterprise-level users to improve the level of convenience and intelligence for their information exchanges and business interactions. The solutions are built upon technologies comprising core conversational AI technologies, unified communication technologies, and other AI and computer technologies. It offers Voicecomm Brain, technology infrastructure, and Voicecomm Suites. The principal activities of the group are provision of on-premised integrated enterprise-level solutions including software license, hardware and services.
45GF Score

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

HK$38.56
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