Fujing Holdings Co (HKSE:02497) Piotroski F-Score: 4 (As of Jul. 18, 2026) — 33% Below Median

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HKSE:02497 Fujing Holdings Co Ltd HKSE:02497
47 GF Score
Price HK$0.63
! 7 Warning Signs
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What is Fujing Holdings Co Piotroski F-Score?

Fujing Holdings Co HKSE:02497 47 Piotroski F-Score is 4 as of Jul. 18, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates HKSE:02497 with a GF Score™ of 47/100. The stock has 7 warning signs investors should review. Among 1,915 Consumer Packaged Goods companies, Fujing Holdings Co ranks worse than 67.1% 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

Fujing Holdings 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 Fujing Holdings Co's Piotroski F-Score or its related term are showing as below:

HKSE:02497' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 4

During the past 6 years, the highest Piotroski F-Score of Fujing Holdings Co was 8. The lowest was 4. And the median was 6.

Fujing Holdings Co  (HKSE:02497) 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.


Fujing Holdings Co Piotroski F-Score Related Terms


Fujing Holdings Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Fujing Holdings 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.

Fujing Holdings Co Piotroski F-Score Chart

Fujing Holdings Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial N/A 6.00 8.00 5.00 4.00

Fujing Holdings 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 8.00 N/A 5.00 0.00 4.00

HKSE:02497 vs ADM, BG, TSN: Piotroski F-Score Comparison

For the Farm Products subindustry, Fujing Holdings 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.


Fujing Holdings Co Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fujing Holdings Co's Piotroski F-Score distribution charts can be found below:

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


HKSE:02497
47GF Score
Fujing Holdings Co Ltd HKSE:02497
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$70.0 Mil.
Cash Flow from Operations was HK$92.2 Mil.
Revenue was HK$211.0 Mil.
Gross Profit was HK$93.4 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (632.725 + 824.107) / 2 = HK$728.416 Mil.
Total Assets at the begining of this year (Dec24) was HK$632.7 Mil.
Long-Term Debt & Capital Lease Obligation was HK$20.5 Mil.
Total Current Assets was HK$407.2 Mil.
Total Current Liabilities was HK$202.9 Mil.
Net Income was HK$55.3 Mil.

Revenue was HK$194.6 Mil.
Gross Profit was HK$82.6 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (411.88 + 632.725) / 2 = HK$522.3025 Mil.
Total Assets at the begining of last year (Dec23) was HK$411.9 Mil.
Long-Term Debt & Capital Lease Obligation was HK$9.4 Mil.
Total Current Assets was HK$384.1 Mil.
Total Current Liabilities was HK$110.0 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.

Fujing Holdings Co's current Net Income (TTM) was 70.0. ==> 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.

Fujing Holdings Co's current Cash Flow from Operations (TTM) was 92.2. ==> 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)
=70.023/632.725
=0.11066893

ROA (Last Year)=Net Income/Total Assets (Dec23)
=55.256/411.88
=0.13415558

Fujing Holdings Co's return on assets of this year was 0.11066893. Fujing Holdings Co's return on assets of last year was 0.13415558. ==> 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.

Fujing Holdings Co's current Net Income (TTM) was 70.0. Fujing Holdings Co's current Cash Flow from Operations (TTM) was 92.2. ==> 92.2 > 70.0 ==> 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
=20.524/728.416
=0.02817621

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=9.424/522.3025
=0.01804318

Fujing Holdings Co's gearing of this year was 0.02817621. Fujing Holdings Co's gearing of last year was 0.01804318. ==> 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
=407.217/202.92
=2.00678593

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=384.085/109.978
=3.49238029

Fujing Holdings Co's current ratio of this year was 2.00678593. Fujing Holdings Co's current ratio of last year was 3.49238029. ==> 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.

Fujing Holdings Co's number of shares in issue this year was 500. Fujing Holdings Co's number of shares in issue last year was 476.23. ==> 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
=93.369/211.031
=0.44244211

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=82.565/194.58
=0.42432419

Fujing Holdings Co's gross margin of this year was 0.44244211. Fujing Holdings Co's gross margin of last year was 0.42432419. ==> 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)
=211.031/632.725
=0.3335272

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=194.58/411.88
=0.47241915

Fujing Holdings Co's asset turnover of this year was 0.3335272. Fujing Holdings Co's asset turnover of last year was 0.47241915. ==> 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+0+1+0+0+0+1+0
=4

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

Fujing Holdings 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?
Fujing Holdings Co (HKSE:02497) has a Piotroski F-Score of 4 as of Jul. 18, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Fujing Holdings Co and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, Fujing Holdings Co's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Fujing Holdings Co ranks #1285 out of 1915 companies in the Consumer Packaged Goods industry, placing it in the top 67.1%.
Is Fujing Holdings Co's Piotroski F-Score too high?
Fujing Holdings Co's current Piotroski F-Score of 4 is 33% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Fujing Holdings Co's value of 4 is 20% below this industry median. Based on the distribution chart, Fujing Holdings Co ranks #1285 out of 1915 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Fujing Holdings Co has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Fujing Holdings Co's Piotroski F-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Fujing Holdings Co ranks #1285 out of 1915 companies for Piotroski F-Score. This places Fujing Holdings Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Fujing Holdings Co's value of 4 is 20% below this benchmark. Historically, Fujing Holdings Co's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Fujing Holdings 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,915 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. Fujing Holdings 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 Fujing Holdings Co and its competitors. For the Consumer Packaged Goods 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. Fujing Holdings Co's current Piotroski F-Score is 4, which is 33% below 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 Fujing Holdings Co stock overvalued right now?
Fujing Holdings Co (HKSE:02497) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 20% below the Consumer Packaged Goods industry median of 5.00. Fujing Holdings Co's overall GF Score™ is 47/100 with 7 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 Fujing Holdings Co (HKSE:02497), the current Piotroski F-Score is 4 as of Jul. 18, 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.

Fujing Holdings Co Business Description

Address Huanhu North Road South, Nanbu Village South, Rizhuang Town Laixi, Shandong Province, Qingdao, CHN
Fujing Holdings Co Ltd is engaged in the cultivation and sales of potted vegetable produce in the PRC, which are cultivated and sold in pots. Its potted vegetable produce was mainly leafy vegetable species, such as crown daisy, rapeseed, Frisee, Indian lettuce, pak choi, lettuce, Chinese celery and tatsoi. The Company's products are offered in the market under its brand. It sells its products in Shandong province, and also in Xi'an, Shaanxi province, Dalian, Liaoning province and Beijing.
47GF Score

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

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