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Shouhui GroupHKSE:02621 +0.54%18 Piotroski F-Score is 5 as of Aug. 29, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates HKSE:02621 with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 490 Insurance companies, Shouhui Group ranks worse than 56.53% 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
Shouhui Group 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 Shouhui Group's Piotroski F-Score or its related term are showing as below:
HKSE:02621'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 6 Max: 6
Current: 5
During the past 4 years, the highest Piotroski F-Score of Shouhui Group was 6. The lowest was 5. And the median was 6.
Shouhui Group (HKSE:02621) 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.
Shouhui Group Piotroski F-Score Related Terms
Shouhui Group Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Shouhui Group'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:02621 vs MRSH, AON, AJG: Piotroski F-Score Comparison
For the Insurance Brokers subindustry, Shouhui Group'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.
Shouhui Group Piotroski F-Score vs Insurance Industry
For the Insurance industry and Financial Services sector, Shouhui Group's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Shouhui Group'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.
Shouhui Group's current Net Income (TTM) was 876.
==> 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.
Shouhui Group's return on assets of this year was 0.44703801. Shouhui Group's return on assets of last year was -0.0852885.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Shouhui Group's gearing of this year was 0.00500346. Shouhui Group's gearing of last year was 0.00080886.
==> 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
Shouhui Group's current ratio of this year was 1.68455862. Shouhui Group's current ratio of last year was 0.47361543.
==> 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.
Shouhui Group's number of shares in issue this year was 174.816. Shouhui Group's number of shares in issue last year was 226.379.
==> 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.
Shouhui Group's gross margin of this year was 0.32863948. Shouhui Group's gross margin of last year was 0.38128827.
==> Last year's gross margin is higher ==> Score 0.
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
Shouhui Group's asset turnover of this year was 0.82792906. Shouhui Group's asset turnover of last year was 0.86913142.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Shouhui Group has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Shouhui Group (HKSE:02621) has a Piotroski F-Score of 5 as of Aug. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Shouhui Group and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Shouhui Group's Piotroski F-Score has ranged from 5.00 to 6.00. According to the industry distribution chart, Shouhui Group ranks #277 out of 490 companies in the Insurance industry, placing it in the top 56.5%.
Is Shouhui Group's Piotroski F-Score too high?
Shouhui Group's current Piotroski F-Score of 5 is 17% below 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 6.00. The Insurance industry median Piotroski F-Score is 6.00. Shouhui Group's value of 5 is 16.7% below this industry median. Based on the distribution chart, Shouhui Group ranks #277 out of 490 companies in the Insurance industry, which is below the industry midpoint. Overall, Shouhui Group has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Shouhui Group's Piotroski F-Score compare to MRSH and AON?
According to the Insurance industry distribution chart, Shouhui Group ranks #277 out of 490 companies for Piotroski F-Score. This places Shouhui Group in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Shouhui Group's value of 5 is 16.7% below this benchmark. Historically, Shouhui Group's own Piotroski F-Score has ranged from 5.00 to 6.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Shouhui Group 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 an Insurance company?
The median Piotroski F-Score among Insurance companies is 6.00, based on 490 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. Shouhui Group's current Piotroski F-Score of 5 is 16.7% 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 Shouhui Group and its competitors. For the Insurance industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shouhui Group's current Piotroski F-Score is 5, which is 17% 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 Shouhui Group stock overvalued right now?
Shouhui Group (HKSE:02621) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 16.7% below the Insurance industry median of 6.00. Shouhui Group's overall GF Score™ is 18/100 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 Shouhui Group (HKSE:02621), the current Piotroski F-Score is 5 as of Aug. 29, 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.
Shouhui Group Ltd is a life and health insurance intermediary service provider in China, dedicated to providing insurance service solutions to policyholders and the insured online through life and health insurance transaction and service platforms. It distribute life and health insurance products through three distribution platforms, namely (1) online direct distribution on Xiaoyusan, (2) distribution via insurance agents on Kachabao, and (3) distribution with the assistance of business partners on Niubao 100. It operates in two reportable segments: Insurance transaction services and Insurance technology services. Key revenue is generated from Insurance transaction services which acts as the agent in distributing insurance products on behalf of the insurance companies.
18GF Score
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