Shuangdeng Group Co (HKSE:06960) Piotroski F-Score: 7 (As of Jul. 30, 2026) — 17% Above Median

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HKSE:06960 Shuangdeng Group Co Ltd HKSE:06960
20 GF Score
Price HK$6.60
! 1 Warning Sign
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What is Shuangdeng Group Co Piotroski F-Score?

Shuangdeng Group Co HKSE:06960 +0.76% 20 Piotroski F-Score is 7 as of Jul. 30, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates HKSE:06960 with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 2,969 Industrial Products companies, Shuangdeng Group Co ranks better than 90.6% on this metric.

Good Sign:

Piotroski F-Score is 7, 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

Shuangdeng Group Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Shuangdeng Group Co's Piotroski F-Score or its related term are showing as below:

HKSE:06960' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 7
Current: 7

During the past 4 years, the highest Piotroski F-Score of Shuangdeng Group Co was 7. The lowest was 4. And the median was 6.

Shuangdeng Group Co  (HKSE:06960) 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.


Shuangdeng Group Co Piotroski F-Score Related Terms


Shuangdeng Group Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Shuangdeng 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.

Shuangdeng Group Co Piotroski F-Score Chart

Shuangdeng Group Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 4.00 7.00

Shuangdeng Group Co Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial N/A 0.00 4.00 0.00 7.00

HKSE:06960 vs VRT, BE: Piotroski F-Score Comparison

For the Electrical Equipment & Parts subindustry, Shuangdeng 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.


Shuangdeng Group Co Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shuangdeng Group Co's Piotroski F-Score distribution charts can be found below:

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


HKSE:06960
20GF Score
Shuangdeng Group Co Ltd HKSE:06960
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$282 Mil.
Cash Flow from Operations was HK$1,152 Mil.
Revenue was HK$5,616 Mil.
Gross Profit was HK$783 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (5510.181 + 7284.639) / 2 = HK$6397.41 Mil.
Total Assets at the begining of this year (Dec24) was HK$5,510 Mil.
Long-Term Debt & Capital Lease Obligation was HK$248 Mil.
Total Current Assets was HK$5,550 Mil.
Total Current Liabilities was HK$3,044 Mil.
Net Income was HK$377 Mil.

Revenue was HK$4,803 Mil.
Gross Profit was HK$802 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (4733.768 + 5510.181) / 2 = HK$5121.9745 Mil.
Total Assets at the begining of last year (Dec23) was HK$4,734 Mil.
Long-Term Debt & Capital Lease Obligation was HK$282 Mil.
Total Current Assets was HK$3,887 Mil.
Total Current Liabilities was HK$2,473 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.

Shuangdeng Group Co's current Net Income (TTM) was 282. ==> 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.

Shuangdeng Group Co's current Cash Flow from Operations (TTM) was 1,152. ==> 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)
=282.284/5510.181
=0.05122953

ROA (Last Year)=Net Income/Total Assets (Dec23)
=377.242/4733.768
=0.0796917

Shuangdeng Group Co's return on assets of this year was 0.05122953. Shuangdeng Group Co's return on assets of last year was 0.0796917. ==> 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.

Shuangdeng Group Co's current Net Income (TTM) was 282. Shuangdeng Group Co's current Cash Flow from Operations (TTM) was 1,152. ==> 1,152 > 282 ==> 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
=247.651/6397.41
=0.03871113

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=281.866/5121.9745
=0.05503073

Shuangdeng Group Co's gearing of this year was 0.03871113. Shuangdeng Group Co's gearing of last year was 0.05503073. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=5549.545/3043.792
=1.82323398

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=3886.774/2472.892
=1.57175243

Shuangdeng Group Co's current ratio of this year was 1.82323398. Shuangdeng Group Co's current ratio of last year was 1.57175243. ==> 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.

Shuangdeng Group Co's number of shares in issue this year was 381.002. Shuangdeng Group Co's number of shares in issue last year was 416.826. ==> 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
=783.483/5615.809
=0.13951383

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=801.697/4802.946
=0.16691776

Shuangdeng Group Co's gross margin of this year was 0.13951383. Shuangdeng Group Co's gross margin of last year was 0.16691776. ==> 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)
=5615.809/5510.181
=1.01916961

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=4802.946/4733.768
=1.01461373

Shuangdeng Group Co's asset turnover of this year was 1.01916961. Shuangdeng Group Co's asset turnover of last year was 1.01461373. ==> 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+1+1+1+0+1
=7

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

Shuangdeng Group Co has an F-score of 7. 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 7 mean?
Shuangdeng Group Co (HKSE:06960) has a Piotroski F-Score of 7 as of Jul. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Shuangdeng Group Co and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Shuangdeng Group Co's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Shuangdeng Group Co ranks #279 out of 2969 companies in the Industrial Products industry, placing it in the top 9.4%.
Is Shuangdeng Group Co's Piotroski F-Score too high?
Shuangdeng Group Co's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Industrial Products industry median Piotroski F-Score is 5.00. Shuangdeng Group Co's value of 7 is 40% above this industry median. Based on the distribution chart, Shuangdeng Group Co ranks #279 out of 2969 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shuangdeng Group Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Shuangdeng Group Co's Piotroski F-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shuangdeng Group Co ranks #279 out of 2969 companies for Piotroski F-Score. This places Shuangdeng Group Co in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Shuangdeng Group Co's value of 7 is 40% above this benchmark. Historically, Shuangdeng Group Co's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Shuangdeng Group Co 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,969 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. Shuangdeng Group Co's current Piotroski F-Score of 7 is 40% 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 Shuangdeng Group Co and its competitors. For the Industrial Products 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. Shuangdeng Group Co's current Piotroski F-Score is 7, which is 17% 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 Shuangdeng Group Co stock overvalued right now?
Shuangdeng Group Co (HKSE:06960) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Industrial Products industry median of 5.00. Shuangdeng Group Co's overall GF Score™ is 20/100 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 Shuangdeng Group Co (HKSE:06960), the current Piotroski F-Score is 7 as of Jul. 30, 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.

Shuangdeng Group Co Business Description

Address No. 999 Tianmu West Road, Jiangyan Economic Development Zone, Jiangsu Province, Taizhou, CHN
Shuangdeng Group Co Ltd is a company in the energy storage business for big-data and telecommunication industries. It focuses on the design, R&D, manufacturing, and sales of energy storage batteries and systems. The group principally engaged in the research and development, manufacture, and sale of lead-acid energy storage battery products and lithium-ion energy storage battery products, and it is the only one reportable segment. Geographically, the company operates in the Chinese mainland and overseas regions. The majority of its revenues is generated from the Chinese mainland.
20GF Score

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