Impression Dahongpao Co (HKSE:02695) Piotroski F-Score: 5 (As of Aug. 12, 2026) — 17% Below Median

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HKSE:02695 Impression Dahongpao Co Ltd HKSE:02695
19 GF Score
Price HK$1.57
! 1 Warning Sign
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What is Impression Dahongpao Co Piotroski F-Score?

Impression Dahongpao Co HKSE:02695 19 Piotroski F-Score is 5 as of Aug. 12, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates HKSE:02695 with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 829 Travel & Leisure companies, Impression Dahongpao Co ranks better than 52.11% 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

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

HKSE:02695' 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 Impression Dahongpao Co was 6. The lowest was 5. And the median was 6.

Impression Dahongpao Co  (HKSE:02695) 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.


Impression Dahongpao Co Piotroski F-Score Related Terms


Impression Dahongpao Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Impression Dahongpao 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.

Impression Dahongpao Co Piotroski F-Score Chart

Impression Dahongpao Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 6.00 5.00

Impression Dahongpao Co Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial N/A 0.00 6.00 0.00 5.00

HKSE:02695 vs AS, HAS, LTH: Piotroski F-Score Comparison

For the Leisure subindustry, Impression Dahongpao 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.


Impression Dahongpao Co Piotroski F-Score vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Impression Dahongpao Co's Piotroski F-Score distribution charts can be found below:

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


HKSE:02695
19GF Score
Impression Dahongpao Co Ltd HKSE:02695
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$39.1 Mil.
Cash Flow from Operations was HK$51.9 Mil.
Revenue was HK$166.7 Mil.
Gross Profit was HK$78.8 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (334.496 + 572.717) / 2 = HK$453.6065 Mil.
Total Assets at the begining of this year (Dec24) was HK$334.5 Mil.
Long-Term Debt & Capital Lease Obligation was HK$86.0 Mil.
Total Current Assets was HK$235.1 Mil.
Total Current Liabilities was HK$63.5 Mil.
Net Income was HK$48.3 Mil.

Revenue was HK$150.9 Mil.
Gross Profit was HK$85.4 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (321.872 + 334.496) / 2 = HK$328.184 Mil.
Total Assets at the begining of last year (Dec23) was HK$321.9 Mil.
Long-Term Debt & Capital Lease Obligation was HK$16.2 Mil.
Total Current Assets was HK$122.1 Mil.
Total Current Liabilities was HK$27.5 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.

Impression Dahongpao Co's current Net Income (TTM) was 39.1. ==> 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.

Impression Dahongpao Co's current Cash Flow from Operations (TTM) was 51.9. ==> 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)
=39.092/334.496
=0.11686836

ROA (Last Year)=Net Income/Total Assets (Dec23)
=48.287/321.872
=0.15001926

Impression Dahongpao Co's return on assets of this year was 0.11686836. Impression Dahongpao Co's return on assets of last year was 0.15001926. ==> 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.

Impression Dahongpao Co's current Net Income (TTM) was 39.1. Impression Dahongpao Co's current Cash Flow from Operations (TTM) was 51.9. ==> 51.9 > 39.1 ==> 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
=86.029/453.6065
=0.18965557

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=16.167/328.184
=0.049262

Impression Dahongpao Co's gearing of this year was 0.18965557. Impression Dahongpao Co's gearing of last year was 0.049262. ==> 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
=235.063/63.525
=3.70032271

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=122.142/27.48
=4.44475983

Impression Dahongpao Co's current ratio of this year was 3.70032271. Impression Dahongpao Co's current ratio of last year was 4.44475983. ==> 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.

Impression Dahongpao Co's number of shares in issue this year was 107.23. Impression Dahongpao Co's number of shares in issue last year was 144.17. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=78.762/166.724
=0.47240949

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=85.409/150.89
=0.56603486

Impression Dahongpao Co's gross margin of this year was 0.47240949. Impression Dahongpao Co's gross margin of last year was 0.56603486. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=166.724/334.496
=0.49843346

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=150.89/321.872
=0.46878884

Impression Dahongpao Co's asset turnover of this year was 0.49843346. Impression Dahongpao Co's asset turnover of last year was 0.46878884. ==> This year's asset turnover is higher. ==> Score 1.

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+1+0+1
=5

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

Impression Dahongpao Co has an F-score of 5 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 5 mean?
Impression Dahongpao Co (HKSE:02695) has a Piotroski F-Score of 5 as of Aug. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Impression Dahongpao Co and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Impression Dahongpao Co's Piotroski F-Score has ranged from 5.00 to 6.00. According to the industry distribution chart, Impression Dahongpao Co ranks #397 out of 829 companies in the Travel & Leisure industry, placing it in the top 47.9%.
Is Impression Dahongpao Co's Piotroski F-Score too high?
Impression Dahongpao Co'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 Travel & Leisure industry median Piotroski F-Score is 5.00. Impression Dahongpao Co's value of 5 is 0% at this industry median. Based on the distribution chart, Impression Dahongpao Co ranks #397 out of 829 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Impression Dahongpao Co has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Impression Dahongpao Co's Piotroski F-Score compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Impression Dahongpao Co ranks #397 out of 829 companies for Piotroski F-Score. This puts Impression Dahongpao Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Impression Dahongpao Co's value of 5 is 0% at this benchmark. Historically, Impression Dahongpao Co'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 5.00, Impression Dahongpao 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 Travel & Leisure company?
The median Piotroski F-Score among Travel & Leisure companies is 5.00, based on 829 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. Impression Dahongpao 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 Impression Dahongpao Co and its competitors. For the Travel & Leisure 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. Impression Dahongpao Co'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 Impression Dahongpao Co stock overvalued right now?
Impression Dahongpao Co (HKSE:02695) 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 0% at the Travel & Leisure industry median of 5.00. Impression Dahongpao Co's overall GF Score™ is 19/100 with 1 warning sign 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 Impression Dahongpao Co (HKSE:02695), the current Piotroski F-Score is 5 as of Aug. 12, 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.

Impression Dahongpao Co Business Description

Address 62 Sangu Street, Impression Villa (Yinxiang Bieyuan), Resort Area, Nanping City, Fujian Province, Mount Wuyi, CHN
Impression Dahongpao Co Ltd is a cultural tourism service provider company based in China. It operates in three main business segments: shows and performance services, Impression Cultural Tourism Town business, and Chatang hotel business. The majority of the company's revenue is generated from the shows and performance services segment, which includes its three main offerings: the signature show, the Impression-Dahongpao Scenery Show; the new show Moonlight over Mount Wuyi; and the provision of customised performances for corporate customers, who typically engage the company to perform at their special corporate events, such as team-building activities and annual meetings.
19GF Score

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

HK$1.57
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