Folangsi CoHKSE:02499 -0.17%37 Piotroski F-Score is 5 as of Jul. 13, 2026, which is at its 10-year median of 5.00. GuruFocus rates HKSE:02499 with a GF Score™ of 37/100. The stock has 10 warning signs investors should review. Among 207 Farm & Heavy Construction Machinery companies, Folangsi Co ranks better than 58.94% 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
Folangsi Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Folangsi Co's Piotroski F-Score or its related term are showing as below:
HKSE:02499'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 5 Max: 7
Current: 5
During the past 6 years, the highest Piotroski F-Score of Folangsi Co was 7. The lowest was 4. And the median was 5.
Folangsi Co (HKSE:02499) 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.
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.
Folangsi Co Piotroski F-Score Related Terms
Folangsi Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Folangsi 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.
HKSE:02499 vs CAT, DE, PCAR: Piotroski F-Score Comparison
For the Farm & Heavy Construction Machinery subindustry, Folangsi 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.
Folangsi Co Piotroski F-Score vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Folangsi Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Folangsi Co's Piotroski F-Score falls into.
* 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.
*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.
Folangsi Co's current Net Income (TTM) was 91.
==> 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.
Folangsi Co's return on assets of this year was 0.02249673. Folangsi Co's return on assets of last year was 0.03161839.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Folangsi Co's gearing of this year was 0.37516706. Folangsi Co's gearing of last year was 0.33675981.
==> 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
Folangsi Co's current ratio of this year was 0.62801176. Folangsi Co's current ratio of last year was 0.64052524.
==> 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.
Folangsi Co's number of shares in issue this year was 348.023. Folangsi Co's number of shares in issue last year was 348.023.
==> 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.
Folangsi Co's gross margin of this year was 0.29963181. Folangsi Co's gross margin of last year was 0.28787274.
==> 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
Folangsi Co's asset turnover of this year was 0.47853197. Folangsi Co's asset turnover of last year was 0.49953398.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Folangsi Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Folangsi Co (HKSE:02499) has a Piotroski F-Score of 5 as of Jul. 13, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Folangsi Co and its competitors. This is near median its historical median of 5.00. Over the past decade, Folangsi Co's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Folangsi Co ranks #85 out of 207 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 41.1%.
Is Folangsi Co's Piotroski F-Score too high?
Folangsi Co's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Farm & Heavy Construction Machinery industry median Piotroski F-Score is 5.00. Folangsi Co's value of 5 is 0% at this industry median. Based on the distribution chart, Folangsi Co ranks #85 out of 207 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Folangsi Co has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Folangsi Co's Piotroski F-Score compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Folangsi Co ranks #85 out of 207 companies for Piotroski F-Score. This puts Folangsi Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Folangsi Co's value of 5 is 0% at this benchmark. Historically, Folangsi Co's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Folangsi Co has consistently been at 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 Farm & Heavy Construction Machinery company?
The median Piotroski F-Score among Farm & Heavy Construction Machinery companies is 5.00, based on 207 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. Folangsi Co's current Piotroski F-Score of 5 is 0% at 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 Folangsi Co and its competitors. For the Farm & Heavy Construction Machinery 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. Folangsi Co's current Piotroski F-Score is 5, which is near 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 Folangsi Co stock overvalued right now?
Folangsi Co (HKSE:02499) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Farm & Heavy Construction Machinery industry median of 5.00. Folangsi Co's overall GF Score™ is 37/100 with 10 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 Folangsi Co (HKSE:02499), the current Piotroski F-Score is 5 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.
Folangsi Co Ltd is engaged in the provision of intralogistics equipment subscription services (including leases of equipment), provision of maintenance and repair services and sale of intralogistics equipment and parts. Its segments include Intralogistics equipment subscription services; Maintenance and repair services; and Sales of intralogistics equipment and parts. The company generates majority of its revenue from Intralogistics equipment subscription services, where it charges customers fees based on the duration used relevant intralogistics equipment.
37GF Score
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