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Quantgroup HoldingHKSE:02685 -31.02%21 Piotroski F-Score is 5 as of Jul. 29, 2026, which is 29% below its 10-year median of 7.00. GuruFocus rates HKSE:02685 with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 1,098 Retail - Cyclical companies, Quantgroup Holding ranks worse than 51.18% 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
Quantgroup Holding 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 Quantgroup Holding's Piotroski F-Score or its related term are showing as below:
HKSE:02685'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 7 Max: 9
Current: 5
During the past 4 years, the highest Piotroski F-Score of Quantgroup Holding was 9. The lowest was 5. And the median was 7.
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.
Quantgroup Holding Piotroski F-Score Related Terms
Quantgroup Holding Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Quantgroup Holding'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.
Quantgroup Holding Piotroski F-Score Chart
Quantgroup Holding Annual Data
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Piotroski F-Score
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Quantgroup Holding Semi-Annual Data
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HKSE:02685 vs AMZN, BABA, PDD: Piotroski F-Score Comparison
For the Internet Retail subindustry, Quantgroup Holding'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.
Quantgroup Holding Piotroski F-Score vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Quantgroup Holding's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Quantgroup Holding'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.
Quantgroup Holding's current Net Income (TTM) was 216.
==> 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.
Quantgroup Holding's return on assets of this year was 0.20165829. Quantgroup Holding's return on assets of last year was 0.23387637.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Quantgroup Holding's gearing of this year was 0.01006936. Quantgroup Holding's gearing of last year was 0.02472676.
==> 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
Quantgroup Holding's current ratio of this year was 5.67009997. Quantgroup Holding's current ratio of last year was 0.51792879.
==> 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.
Quantgroup Holding's number of shares in issue this year was 263.587. Quantgroup Holding's number of shares in issue last year was 513.348.
==> 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.
Quantgroup Holding's gross margin of this year was 0.95399385. Quantgroup Holding's gross margin of last year was 0.96864357.
==> 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
Quantgroup Holding's asset turnover of this year was 1.06935497. Quantgroup Holding's asset turnover of last year was 1.57853448.
==> 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
Quantgroup Holding has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Quantgroup Holding (HKSE:02685) has a Piotroski F-Score of 5 as of Jul. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Quantgroup Holding and its competitors. This is 29% below median its historical median of 7.00. Over the past decade, Quantgroup Holding's Piotroski F-Score has ranged from 5.00 to 9.00. According to the industry distribution chart, Quantgroup Holding ranks #562 out of 1098 companies in the Retail - Cyclical industry, placing it in the top 51.2%.
Is Quantgroup Holding's Piotroski F-Score too high?
Quantgroup Holding's current Piotroski F-Score of 5 is 29% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 9.00. The Retail - Cyclical industry median Piotroski F-Score is 6.00. Quantgroup Holding's value of 5 is 16.7% below this industry median. Based on the distribution chart, Quantgroup Holding ranks #562 out of 1098 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Quantgroup Holding has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Quantgroup Holding's Piotroski F-Score compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Quantgroup Holding ranks #562 out of 1098 companies for Piotroski F-Score. This places Quantgroup Holding in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Quantgroup Holding's value of 5 is 16.7% below this benchmark. Historically, Quantgroup Holding's own Piotroski F-Score has ranged from 5.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 6.00, Quantgroup Holding 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 Retail - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 6.00, based on 1,098 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. Quantgroup Holding'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 Quantgroup Holding and its competitors. For the Retail - Cyclical 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. Quantgroup Holding's current Piotroski F-Score is 5, which is 29% below 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 Quantgroup Holding stock overvalued right now?
Quantgroup Holding (HKSE:02685) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is 29% below median its 10-year median of 7.00 and 16.7% below the Retail - Cyclical industry median of 6.00. Quantgroup Holding's overall GF Score™ is 21/100 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 Quantgroup Holding (HKSE:02685), the current Piotroski F-Score is 5 as of Jul. 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.
Quantgroup Holding Ltd is an investment holding company. The company and its subsidiaries are principally engaged in the operation of online marketplaces and other businesses, including advertisement placement and provision of matching services for financial institutions. Its consumer E-commerce marketplaces include: i) Yangxiaomie: It carries a wide spectrum of retail goods ranging from consumer electronics, food and beverages, home appliances, cosmetics, jewelry to clothing and personal daily care provided by third-party marketplace suppliers. ii) Consumption Guide: It matches end customers who purchase automobiles and, to a small extent, local lifestyle services, which are sold/provided by the marketplace suppliers in offline stores. The company derives maximum revenue from Yangxiaomie.
21GF Score
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