Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Hevol Services Group CoHKSE:06093 83 Piotroski F-Score is 4 as of Sep. 08, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates HKSE:06093 with a GF Score™ of 83/100 and a GF Value™ of HK$1.54 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,752 Real Estate companies, Hevol Services Group Co ranks worse than 62.16% 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
Hevol Services Group Co has an F-score of 4 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Hevol Services Group Co's Piotroski F-Score or its related term are showing as below:
HKSE:06093'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 6
Current: 4
During the past 10 years, the highest Piotroski F-Score of Hevol Services Group Co was 6. The lowest was 2. And the median was 5.
Hevol Services Group Co (HKSE:06093) 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.
Hevol Services Group Co Piotroski F-Score Related Terms
Hevol Services Group Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Hevol Services Group 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.
HKSE:06093 vs CBRE, BEKE, JLL: Piotroski F-Score Comparison
For the Real Estate Services subindustry, Hevol Services Group 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.
Hevol Services Group Co Piotroski F-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Hevol Services Group Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Hevol Services Group 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.
Hevol Services Group Co's current Net Income (TTM) was -71.
==> 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.
Hevol Services Group Co's return on assets of this year was -0.03874587. Hevol Services Group Co's return on assets of last year was 0.03212776.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Hevol Services Group Co's gearing of this year was 0.02884909. Hevol Services Group Co's gearing of last year was 0.02503157.
==> 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
Hevol Services Group Co's current ratio of this year was 0.99936671. Hevol Services Group Co's current ratio of last year was 1.13071493.
==> 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.
Hevol Services Group Co's number of shares in issue this year was 560. Hevol Services Group Co's number of shares in issue last year was 560.
==> 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.
Hevol Services Group Co's gross margin of this year was 0.22573452. Hevol Services Group Co's gross margin of last year was 0.25610984.
==> 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
Hevol Services Group Co's asset turnover of this year was 0.81260705. Hevol Services Group Co's asset turnover of last year was 0.80635872.
==> 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
=
0
+
1
+
0
+
1
+
0
+
0
+
1
+
0
+
1
=
4
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Hevol Services Group Co has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Hevol Services Group Co (HKSE:06093) has a Piotroski F-Score of 4 as of Sep. 08, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Hevol Services Group Co and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Hevol Services Group Co's Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, Hevol Services Group Co ranks #1089 out of 1752 companies in the Real Estate industry, placing it in the top 62.2%.
Is Hevol Services Group Co's Piotroski F-Score too high?
Hevol Services Group Co's current Piotroski F-Score of 4 is 20% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 6.00. The Real Estate industry median Piotroski F-Score is 5.00. Hevol Services Group Co's value of 4 is 20% below this industry median. Based on the distribution chart, Hevol Services Group Co ranks #1089 out of 1752 companies in the Real Estate industry, which is below the industry midpoint. Overall, Hevol Services Group Co has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hevol Services Group Co's Piotroski F-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Hevol Services Group Co ranks #1089 out of 1752 companies for Piotroski F-Score. This places Hevol Services Group Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Hevol Services Group Co's value of 4 is 20% below this benchmark. Historically, Hevol Services Group Co's own Piotroski F-Score has ranged from 2.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Hevol Services Group Co 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 Real Estate company?
The median Piotroski F-Score among Real Estate companies is 5.00, based on 1,752 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. Hevol Services Group Co's current Piotroski F-Score of 4 is 20% 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 Hevol Services Group Co and its competitors. For the Real Estate 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. Hevol Services Group Co's current Piotroski F-Score is 4, which is 20% below median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hevol Services Group Co stock overvalued right now?
Based on GuruFocus' analysis, Hevol Services Group Co (HKSE:06093) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.54, compared to a current price of HK$0.67 — trading 56.5% below its estimated fair value. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Real Estate industry median of 5.00. Hevol Services Group Co's overall GF Score™ is 83/100 with 6 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 Hevol Services Group Co (HKSE:06093), the current Piotroski F-Score is 4 as of Sep. 08, 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 Hevol Services Group Co (HKSE:06093) Overvalued in 2026?
Based on GuruFocus' analysis, Hevol Services Group Co stock appears to be undervalued.
The current stock price of HK$0.67 is trading 56.5% below its estimated GF Value™ of HK$1.54.
GuruFocus considers Hevol Services Group Co to be Possible Value Trap.
Key valuation signals for HKSE:06093:
Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
GF Value™: HK$1.54 vs. price of HK$0.67 (56.5% below fair value)
Industry Position: 20% below the Real Estate median (#1089 of 1752)
No single metric tells the full story. See the HKSE:06093 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hevol Services Group Co Ltd is engaged in the provision of property management services and related value-added services in the PRC. The firm's operating segments are Property management services, Community value-added services, and Value-added services to non-property owners. The company generates a majority of its revenue from the Property management segment. Geographically, it generates revenue from the People's Republic of China. The company's projects are Sanya Hehong Holiday Sunshine, Chongqing Hehong Wenhua Mansion, and Changsha Hehong Taoli Chunfeng among others.
83GF Score
Get the complete analysis for HKSE:06093
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:06093 has been successfully added to your 
