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China Brilliant GlobalHKSE:08026 43 Piotroski F-Score is 2 as of Sep. 01, 2026, which is 50% below its 10-year median of 4.00. GuruFocus rates HKSE:08026 with a GF Score™ of 43/100 and a GF Value™ of HK$0.35 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,098 Retail - Cyclical companies, China Brilliant Global ranks worse than 96.36% 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
China Brilliant Global 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 China Brilliant Global's Piotroski F-Score or its related term are showing as below:
HKSE:08026'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 4 Max: 6
Current: 2
During the past 13 years, the highest Piotroski F-Score of China Brilliant Global was 6. The lowest was 2. And the median was 4.
China Brilliant Global (HKSE:08026) 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.
China Brilliant Global Piotroski F-Score Related Terms
China Brilliant Global Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for China Brilliant Global'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.
For the Luxury Goods subindustry, China Brilliant Global'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.
China Brilliant Global Piotroski F-Score vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, China Brilliant Global's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where China Brilliant Global'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.
China Brilliant Global's current Net Income (TTM) was 9.5.
==> 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.
China Brilliant Global's current Cash Flow from Operations (TTM) was -21.4.
==> 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.
China Brilliant Global's return on assets of this year was 0.02430388. China Brilliant Global's return on assets of last year was 0.02756906.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
China Brilliant Global's gearing of this year was 0.02756809. China Brilliant Global's gearing of last year was 0.
==> 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
China Brilliant Global's current ratio of this year was 2.64810006. China Brilliant Global's current ratio of last year was 2.65882634.
==> 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.
China Brilliant Global's number of shares in issue this year was 1540.439. China Brilliant Global's number of shares in issue last year was 1486.482.
==> 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.
China Brilliant Global's gross margin of this year was 0.30754142. China Brilliant Global's gross margin of last year was 0.19608464.
==> 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
China Brilliant Global's asset turnover of this year was 0.2726915. China Brilliant Global's asset turnover of last year was 0.2940152.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
China Brilliant Global has an F-score of 2. It is a bad or low score, which usually implies poor business operation.
China Brilliant Global (HKSE:08026) has a Piotroski F-Score of 2 as of Sep. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on China Brilliant Global and its competitors. This is 50% below median its historical median of 4.00. Over the past decade, China Brilliant Global's Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, China Brilliant Global ranks #1058 out of 1098 companies in the Retail - Cyclical industry, placing it in the top 96.4%.
Is China Brilliant Global's Piotroski F-Score too high?
China Brilliant Global's current Piotroski F-Score of 2 is 50% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 6.00. The Retail - Cyclical industry median Piotroski F-Score is 6.00. China Brilliant Global's value of 2 is 66.7% below this industry median. Based on the distribution chart, China Brilliant Global ranks #1058 out of 1098 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, China Brilliant Global has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Brilliant Global's Piotroski F-Score compare to TPR?
According to the Retail - Cyclical industry distribution chart, China Brilliant Global ranks #1058 out of 1098 companies for Piotroski F-Score. This places China Brilliant Global in the lower half of its industry. The industry median Piotroski F-Score is 6.00. China Brilliant Global's value of 2 is 66.7% below this benchmark. Historically, China Brilliant Global'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 4.00 vs. the industry median of 6.00, China Brilliant Global 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 Retail - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 6.00, based on 1,098 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. China Brilliant Global's current Piotroski F-Score of 2 is 66.7% 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 China Brilliant Global and its competitors. For the Retail - Cyclical industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Brilliant Global's current Piotroski F-Score is 2, which is 50% below median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Brilliant Global stock overvalued right now?
Based on GuruFocus' analysis, China Brilliant Global (HKSE:08026) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.35, compared to a current price of HK$0.30 — trading 15.7% below its estimated fair value. The current Piotroski F-Score is 2, which is 50% below median its 10-year median of 4.00 and 66.7% below the Retail - Cyclical industry median of 6.00. China Brilliant Global's overall GF Score™ is 43/100 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 China Brilliant Global (HKSE:08026), the current Piotroski F-Score is 2 as of Sep. 01, 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 China Brilliant Global (HKSE:08026) Overvalued in 2026?
Based on GuruFocus' analysis, China Brilliant Global stock appears to be undervalued.
The current stock price of HK$0.30 is trading 15.7% below its estimated GF Value™ of HK$0.35.
GuruFocus considers China Brilliant Global to be Modestly Undervalued.
Key valuation signals for HKSE:08026:
Piotroski F-Score: 2 (50% below median its 10-year median of 4.00)
GF Value™: HK$0.35 vs. price of HK$0.30 (15.7% below fair value)
Industry Position: 66.7% below the Retail - Cyclical median (#1058 of 1098)
No single metric tells the full story. See the HKSE:08026 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Brilliant Global Ltd engages in wholesale and retailing of jewellery, money lending, trading and related businesses. The company operates its business through segments namely gold and jewellery business segment; Lending business, and Property management services business, and the trading business. The gold and jewellery business segment contributes maximum in the revenue of the company. The company generates its maximum revenue from PRC.
43GF Score
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Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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