Wing Chi Holdings (HKSE:06080) Piotroski F-Score: 2 (As of Sep. 02, 2026) — 67% Below Median

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HKSE:06080 Wing Chi Holdings Ltd HKSE:06080
57 GF Score
Price HK$0.14
GF Value HK$0.07
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Wing Chi Holdings Piotroski F-Score?

Wing Chi Holdings HKSE:06080 57 Piotroski F-Score is 2 as of Sep. 02, 2026, which is 67% below its 10-year median of 6.00. GuruFocus rates HKSE:06080 with a GF Score™ of 57/100 and a GF Value™ of HK$0.07 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,744 Construction companies, Wing Chi Holdings ranks worse than 93% on this metric.

Warning Sign:

Piotroski F-Score of 2 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Wing Chi Holdings has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

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

HKSE:06080' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 8
Current: 2

During the past 12 years, the highest Piotroski F-Score of Wing Chi Holdings was 8. The lowest was 2. And the median was 6.

Wing Chi Holdings  (HKSE:06080) 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.


Wing Chi Holdings Piotroski F-Score Related Terms


Wing Chi Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Wing Chi 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.

Wing Chi Holdings Piotroski F-Score Chart

Wing Chi Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 8.00 6.00 6.00 2.00

Wing Chi Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 6.00 0.00 6.00 0.00 2.00

HKSE:06080 vs PWR, FIX, EME: Piotroski F-Score Comparison

For the Engineering & Construction subindustry, Wing Chi 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.


Wing Chi Holdings Piotroski F-Score vs Construction Industry

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

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


HKSE:06080
57GF Score
Wing Chi Holdings Ltd HKSE:06080
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was HK$-19.1 Mil.
Cash Flow from Operations was HK$-8.3 Mil.
Revenue was HK$720.8 Mil.
Gross Profit was HK$12.2 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (329.335 + 338.946) / 2 = HK$334.1405 Mil.
Total Assets at the begining of this year (Mar25) was HK$329.3 Mil.
Long-Term Debt & Capital Lease Obligation was HK$2.1 Mil.
Total Current Assets was HK$281.3 Mil.
Total Current Liabilities was HK$205.4 Mil.
Net Income was HK$4.4 Mil.

Revenue was HK$808.0 Mil.
Gross Profit was HK$42.2 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (344.474 + 329.335) / 2 = HK$336.9045 Mil.
Total Assets at the begining of last year (Mar24) was HK$344.5 Mil.
Long-Term Debt & Capital Lease Obligation was HK$3.3 Mil.
Total Current Assets was HK$254.3 Mil.
Total Current Liabilities was HK$184.1 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.

Wing Chi Holdings's current Net Income (TTM) was -19.1. ==> 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.

Wing Chi Holdings's current Cash Flow from Operations (TTM) was -8.3. ==> 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.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=-19.098/329.335
=-0.05798959

ROA (Last Year)=Net Income/Total Assets (Mar24)
=4.417/344.474
=0.01282245

Wing Chi Holdings's return on assets of this year was -0.05798959. Wing Chi Holdings's return on assets of last year was 0.01282245. ==> 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.

Wing Chi Holdings's current Net Income (TTM) was -19.1. Wing Chi Holdings's current Cash Flow from Operations (TTM) was -8.3. ==> -8.3 > -19.1 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=2.053/334.1405
=0.00614412

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=3.33/336.9045
=0.00988411

Wing Chi Holdings's gearing of this year was 0.00614412. Wing Chi Holdings's gearing of last year was 0.00988411. ==> 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

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=281.282/205.365
=1.36966864

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=254.335/184.122
=1.38133955

Wing Chi Holdings's current ratio of this year was 1.36966864. Wing Chi Holdings's current ratio of last year was 1.38133955. ==> 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.

Wing Chi Holdings's number of shares in issue this year was 1033.44. Wing Chi Holdings's number of shares in issue last year was 933.75. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=12.178/720.766
=0.01689591

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=42.179/808.017
=0.05220063

Wing Chi Holdings's gross margin of this year was 0.01689591. Wing Chi Holdings's gross margin of last year was 0.05220063. ==> 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 (Mar25)
=720.766/329.335
=2.18854965

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=808.017/344.474
=2.34565453

Wing Chi Holdings's asset turnover of this year was 2.18854965. Wing Chi Holdings's asset turnover of last year was 2.34565453. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+0+0+1+1+0+0+0+0
=2

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

Wing Chi Holdings has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 2 mean?
Wing Chi Holdings (HKSE:06080) has a Piotroski F-Score of 2 as of Sep. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Wing Chi Holdings and its competitors. This is 67% below median its historical median of 6.00. Over the past decade, Wing Chi Holdings' Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Wing Chi Holdings ranks #1622 out of 1744 companies in the Construction industry, placing it in the top 93%.
Is Wing Chi Holdings' Piotroski F-Score too high?
Wing Chi Holdings' current Piotroski F-Score of 2 is 67% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Construction industry median Piotroski F-Score is 5.00. Wing Chi Holdings' value of 2 is 60% below this industry median. Based on the distribution chart, Wing Chi Holdings ranks #1622 out of 1744 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Wing Chi Holdings has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wing Chi Holdings' Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Wing Chi Holdings ranks #1622 out of 1744 companies for Piotroski F-Score. This places Wing Chi Holdings in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Wing Chi Holdings' value of 2 is 60% below this benchmark. Historically, Wing Chi Holdings' own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Wing Chi Holdings 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,744 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. Wing Chi Holdings's current Piotroski F-Score of 2 is 60% 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 Wing Chi 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. Wing Chi Holdings's current Piotroski F-Score is 2, which is 67% 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 Wing Chi Holdings stock overvalued right now?
Based on GuruFocus' analysis, Wing Chi Holdings (HKSE:06080) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.07, compared to a current price of HK$0.14 — trading 92.9% above its estimated fair value. The current Piotroski F-Score is 2, which is 67% below median its 10-year median of 6.00 and 60% below the Construction industry median of 5.00. Wing Chi Holdings' overall GF Score™ is 57/100 with 5 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 Wing Chi Holdings (HKSE:06080), the current Piotroski F-Score is 2 as of Sep. 02, 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 Wing Chi Holdings (HKSE:06080) Overvalued in 2026?

Based on GuruFocus' analysis, Wing Chi Holdings stock appears to be overvalued. The current stock price of HK$0.14 is trading 92.9% above its estimated GF Value™ of HK$0.07. GuruFocus considers Wing Chi Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:06080:

  • Piotroski F-Score: 2 (67% below median its 10-year median of 6.00)
  • GF Value™: HK$0.07 vs. price of HK$0.14 (92.9% above fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 60% below the Construction median (#1622 of 1744)

No single metric tells the full story. See the HKSE:06080 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wing Chi Holdings Business Description

Address 9 Hoi Shing Road, Room 3010, 30th Floor, Cable TV Tower, Tsuen Wan, New Territories, Hong Kong, HKG
Wing Chi Holdings Ltd is an Hong Kong-based investment holding company. The corporation is principally engaged in the provision of foundation and site formation works and machinery leasing. All of the group's operations are located in Hong Kong.
57GF Score

Get the complete analysis for HKSE:06080

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

HK$0.14
Price
HK$0.07
GF Value