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Shanghai Bao Pharmaceuticals CoHKSE:02659 +0.25%9 Piotroski F-Score is 7 as of Aug. 27, 2026, which is at its 10-year median of 7.00. GuruFocus rates HKSE:02659 with a GF Score™ of 9/100. The stock has 2 warning signs investors should review. Among 1,341 Biotechnology companies, Shanghai Bao Pharmaceuticals Co ranks better than 96.79% on this metric.
Good Sign:
Piotroski F-Score is 7, 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
Shanghai Bao Pharmaceuticals Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Shanghai Bao Pharmaceuticals Co's Piotroski F-Score or its related term are showing as below:
HKSE:02659'
s Piotroski F-Score Range Over the Past 10 Years
Min: 7 Med: 7 Max: 7
Current: 7
During the past 3 years, the highest Piotroski F-Score of Shanghai Bao Pharmaceuticals Co was 7. The lowest was 7. And the median was 7.
Shanghai Bao Pharmaceuticals Co (HKSE:02659) 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.
Shanghai Bao Pharmaceuticals Co Piotroski F-Score Related Terms
Shanghai Bao Pharmaceuticals Co Piotroski F-Score Historical Data
* 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.
Shanghai Bao Pharmaceuticals Co Piotroski F-Score Chart
Shanghai Bao Pharmaceuticals Co Annual Data
Trend
Dec23
Dec24
Dec25
Piotroski F-Score
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7.00
Shanghai Bao Pharmaceuticals Co Semi-Annual Data
Dec23
Jun24
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Dec25
Piotroski F-Score
N/A
0.00
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0.00
7.00
HKSE:02659 vs VRTX, REGN, RVMD: Piotroski F-Score Comparison
For the Biotechnology subindustry, Shanghai Bao Pharmaceuticals 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.
Shanghai Bao Pharmaceuticals Co Piotroski F-Score vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Shanghai Bao Pharmaceuticals Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Shanghai Bao Pharmaceuticals 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.
Shanghai Bao Pharmaceuticals Co's current Net Income (TTM) was -436.70.
==> Negative ==> Score 0.
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.
Shanghai Bao Pharmaceuticals Co's current Cash Flow from Operations (TTM) was -198.91.
==> Negative ==> Score 0.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
Shanghai Bao Pharmaceuticals Co's return on assets of this year was -0.30002982. Shanghai Bao Pharmaceuticals Co's return on assets of last year was -0.36527573.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Shanghai Bao Pharmaceuticals Co's gearing of this year was 0.11284681. Shanghai Bao Pharmaceuticals Co's gearing of last year was 0.11362339.
==> 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
Shanghai Bao Pharmaceuticals Co's current ratio of this year was 4.12262648. Shanghai Bao Pharmaceuticals Co's current ratio of last year was 3.39182378.
==> 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.
Shanghai Bao Pharmaceuticals Co's number of shares in issue this year was 290.236. Shanghai Bao Pharmaceuticals Co's number of shares in issue last year was 325.981.
==> 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.
Shanghai Bao Pharmaceuticals Co's gross margin of this year was 0.89004493. Shanghai Bao Pharmaceuticals Co's gross margin of last year was 0.81496123.
==> 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
Shanghai Bao Pharmaceuticals Co's asset turnover of this year was 0.03730895. Shanghai Bao Pharmaceuticals Co's asset turnover of last year was 0.00617438.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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+
Que. 4
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=
7
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Shanghai Bao Pharmaceuticals Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Shanghai Bao Pharmaceuticals Co (HKSE:02659) has a Piotroski F-Score of 7 as of Aug. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Shanghai Bao Pharmaceuticals Co and its competitors. This is near median its historical median of 7.00. Over the past decade, Shanghai Bao Pharmaceuticals Co's Piotroski F-Score has ranged from 7.00 to 7.00. According to the industry distribution chart, Shanghai Bao Pharmaceuticals Co ranks #43 out of 1341 companies in the Biotechnology industry, placing it in the top 3.2%.
Is Shanghai Bao Pharmaceuticals Co's Piotroski F-Score too high?
Shanghai Bao Pharmaceuticals Co's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 7.00 to a high of 7.00. The Biotechnology industry median Piotroski F-Score is 3.00. Shanghai Bao Pharmaceuticals Co's value of 7 is 133.3% above this industry median. Based on the distribution chart, Shanghai Bao Pharmaceuticals Co ranks #43 out of 1341 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Bao Pharmaceuticals Co has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai Bao Pharmaceuticals Co's Piotroski F-Score compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Shanghai Bao Pharmaceuticals Co ranks #43 out of 1341 companies for Piotroski F-Score. This places Shanghai Bao Pharmaceuticals Co in the top 3% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. Shanghai Bao Pharmaceuticals Co's value of 7 is 133.3% above this benchmark. Historically, Shanghai Bao Pharmaceuticals Co's own Piotroski F-Score has ranged from 7.00 to 7.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 3.00, Shanghai Bao Pharmaceuticals 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 Biotechnology company?
The median Piotroski F-Score among Biotechnology companies is 3.00, based on 1,341 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. Shanghai Bao Pharmaceuticals Co's current Piotroski F-Score of 7 is 133.3% 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 Shanghai Bao Pharmaceuticals Co and its competitors. For the Biotechnology industry, the median Piotroski F-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Bao Pharmaceuticals Co's current Piotroski F-Score is 7, which is near 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 Shanghai Bao Pharmaceuticals Co stock overvalued right now?
Shanghai Bao Pharmaceuticals Co (HKSE:02659) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 133.3% above the Biotechnology industry median of 3.00. Shanghai Bao Pharmaceuticals Co's overall GF Score™ is 9/100 with 2 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 Shanghai Bao Pharmaceuticals Co (HKSE:02659), the current Piotroski F-Score is 7 as of Aug. 27, 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.
Shanghai Bao Pharmaceuticals Co Ltd is a biotechnology company with an approved product and a diverse clinical pipeline, leveraging synthetic biology technology to develop and deliver recombinant biologic drugs in China, targeting conditions with limited treatment options and complex manufacturing challenges. The company has proprietary technology platforms, supported by its chassis cell engineering technology, that combine drug design and bioprocessing capabilities. It has production lines for finished dosage forms, including injectable solutions, lyophilized powder injections, and pre-filled syringes. The group has only one reportable operating segment, which is the research, development, and commercialisation of pharmaceutical products.
9GF Score
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