Yuanda China Holdings (HKSE:02789) Piotroski F-Score: 8 (As of Aug. 07, 2026) — 33% Above Median

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HKSE:02789 Yuanda China Holdings Ltd HKSE:02789
44 GF Score
Price HK$0.19
GF Value HK$0.05
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Yuanda China Holdings Piotroski F-Score?

Yuanda China Holdings HKSE:02789 -6.31% 44 Piotroski F-Score is 8 as of Aug. 07, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates HKSE:02789 with a GF Score™ of 44/100 and a GF Value™ of HK$0.05 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,735 Construction companies, Yuanda China Holdings ranks better than 98.04% on this metric.

Good Sign:

Piotroski F-Score is 8, 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

Yuanda China Holdings has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Yuanda China Holdings's Piotroski F-Score or its related term are showing as below:

HKSE:02789' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of Yuanda China Holdings was 9. The lowest was 3. And the median was 6.

Yuanda China Holdings  (HKSE:02789) 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.


Yuanda China Holdings Piotroski F-Score Related Terms


Yuanda China Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Yuanda China Holdings'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.

Yuanda China Holdings Piotroski F-Score Chart

Yuanda China Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 7.00 5.00 5.00 8.00

Yuanda China Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.00 0.00 5.00 0.00 8.00

HKSE:02789 vs PWR, FIX, EME: Piotroski F-Score Comparison

For the Engineering & Construction subindustry, Yuanda China Holdings'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.


Yuanda China Holdings Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, Yuanda China Holdings's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Yuanda China Holdings's Piotroski F-Score falls into.


HKSE:02789
44GF Score
Yuanda China Holdings Ltd HKSE:02789
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$389 Mil.
Cash Flow from Operations was HK$479 Mil.
Revenue was HK$3,109 Mil.
Gross Profit was HK$811 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (4699.225 + 4733.078) / 2 = HK$4716.1515 Mil.
Total Assets at the begining of this year (Dec24) was HK$4,699 Mil.
Long-Term Debt & Capital Lease Obligation was HK$98 Mil.
Total Current Assets was HK$3,894 Mil.
Total Current Liabilities was HK$3,659 Mil.
Net Income was HK$-378 Mil.

Revenue was HK$2,362 Mil.
Gross Profit was HK$461 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (5425.211 + 4699.225) / 2 = HK$5062.218 Mil.
Total Assets at the begining of last year (Dec23) was HK$5,425 Mil.
Long-Term Debt & Capital Lease Obligation was HK$6 Mil.
Total Current Assets was HK$3,850 Mil.
Total Current Liabilities was HK$3,931 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.

Yuanda China Holdings's current Net Income (TTM) was 389. ==> 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.

Yuanda China Holdings's current Cash Flow from Operations (TTM) was 479. ==> 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)
=389.448/4699.225
=0.08287494

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-377.943/5425.211
=-0.0696642

Yuanda China Holdings's return on assets of this year was 0.08287494. Yuanda China Holdings's return on assets of last year was -0.0696642. ==> This year is higher. ==> Score 1.

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.

Yuanda China Holdings's current Net Income (TTM) was 389. Yuanda China Holdings's current Cash Flow from Operations (TTM) was 479. ==> 479 > 389 ==> 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
=98.107/4716.1515
=0.02080234

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=6.456/5062.218
=0.00127533

Yuanda China Holdings's gearing of this year was 0.02080234. Yuanda China Holdings's gearing of last year was 0.00127533. ==> 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
=3894.139/3659.348
=1.06416198

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=3850.346/3930.522
=0.97960169

Yuanda China Holdings's current ratio of this year was 1.06416198. Yuanda China Holdings's current ratio of last year was 0.97960169. ==> 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.

Yuanda China Holdings's number of shares in issue this year was 6208.734. Yuanda China Holdings's number of shares in issue last year was 6208.734. ==> 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
=810.764/3109.313
=0.26075342

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=461.131/2362.078
=0.1952226

Yuanda China Holdings's gross margin of this year was 0.26075342. Yuanda China Holdings's gross margin of last year was 0.1952226. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=3109.313/4699.225
=0.66166506

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=2362.078/5425.211
=0.43538915

Yuanda China Holdings's asset turnover of this year was 0.66166506. Yuanda China Holdings's asset turnover of last year was 0.43538915. ==> 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+1+1+0+1+1+1+1
=8

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

Yuanda China Holdings has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
Yuanda China Holdings (HKSE:02789) has a Piotroski F-Score of 8 as of Aug. 07, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Yuanda China Holdings and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Yuanda China Holdings' Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Yuanda China Holdings ranks #34 out of 1735 companies in the Construction industry, placing it in the top 2%.
Is Yuanda China Holdings' Piotroski F-Score too high?
Yuanda China Holdings' current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Construction industry median Piotroski F-Score is 5.00. Yuanda China Holdings' value of 8 is 60% above this industry median. Based on the distribution chart, Yuanda China Holdings ranks #34 out of 1735 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Yuanda China Holdings has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yuanda China Holdings' Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Yuanda China Holdings ranks #34 out of 1735 companies for Piotroski F-Score. This places Yuanda China Holdings in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Yuanda China Holdings' value of 8 is 60% above this benchmark. Historically, Yuanda China Holdings' own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Yuanda China Holdings 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,735 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. Yuanda China Holdings's current Piotroski F-Score of 8 is 60% 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 Yuanda China Holdings and its competitors. For the Construction 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. Yuanda China Holdings's current Piotroski F-Score is 8, which is 33% above 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 Yuanda China Holdings stock overvalued right now?
Based on GuruFocus' analysis, Yuanda China Holdings (HKSE:02789) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.05, compared to a current price of HK$0.19 — trading 286% above its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Construction industry median of 5.00. Yuanda China Holdings' overall GF Score™ is 44/100 with 3 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 Yuanda China Holdings (HKSE:02789), the current Piotroski F-Score is 8 as of Aug. 07, 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.

Is Yuanda China Holdings (HKSE:02789) Overvalued in 2026?

Based on GuruFocus' analysis, Yuanda China Holdings stock appears to be overvalued. The current stock price of HK$0.19 is trading 286% above its estimated GF Value™ of HK$0.05. GuruFocus considers Yuanda China Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:02789:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: HK$0.05 vs. price of HK$0.19 (286% above fair value)
  • GF Score™: 44/100 with 3 warning signs
  • Industry Position: 60% above the Construction median (#34 of 1735)

No single metric tells the full story. See the HKSE:02789 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yuanda China Holdings Business Description

Address No.20, Street 13, Shenyang Economic & Technological Development Area, Shenyang, CHN, 110027
Yuanda China Holdings Ltd principal activities of the Group are the design, procurement, production, sale and installation of curtain wall systems. It operates in two segments namely Domestic that comprises construction contracts carried out in Chinese Mainland; and Overseas that comprises construction contracts carried out outside of Chinese Mainland. The company's projects are China projects, United Kingdom projects, United States project, Europe projects, Australia projects, Middle East projects, Southeast Asia projects, Singapore projects, Japan and beyond projects. Its products are Curtain wall, Skylight, Metal roof system, Canopy, Breast Board system. The company has presence in Chinese Mainland, United Kingdom, Dubai, Cambodia, Saudi, Australia, United States of America, and Others.
44GF Score

Get the complete analysis for HKSE:02789

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

HK$0.19
Price
HK$0.05
GF Value