Life Concepts Holdings (HKSE:08056) Piotroski F-Score: 3 (As of Jul. 17, 2026) — 40% Below Median

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HKSE:08056 Life Concepts Holdings Ltd HKSE:08056
35 GF Score
Price HK$0.17
GF Value HK$0.02
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Life Concepts Holdings Piotroski F-Score?

Life Concepts Holdings HKSE:08056 35 Piotroski F-Score is 3 as of Jul. 17, 2026, which is 40% below its 10-year median of 5.00. GuruFocus rates HKSE:08056 with a GF Score™ of 35/100 and a GF Value™ of HK$0.02 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 355 Restaurants companies, Life Concepts Holdings ranks worse than 86.2% on this metric.

Warning Sign:

Piotroski F-Score of 3 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

Life Concepts Holdings has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

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

HKSE:08056' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 6
Current: 3

During the past 12 years, the highest Piotroski F-Score of Life Concepts Holdings was 6. The lowest was 2. And the median was 5.

Life Concepts Holdings  (HKSE:08056) 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.


Life Concepts Holdings Piotroski F-Score Related Terms


Life Concepts Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Life Concepts 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.

Life Concepts Holdings Piotroski F-Score Chart

Life Concepts Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 5.00 2.00 5.00 3.00

Life Concepts Holdings Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.00 5.00 0.00 3.00 0.00

HKSE:08056 vs MCD, SBUX, YUM: Piotroski F-Score Comparison

For the Restaurants subindustry, Life Concepts 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.


Life Concepts Holdings Piotroski F-Score vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Life Concepts Holdings's Piotroski F-Score distribution charts can be found below:

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


HKSE:08056
35GF Score
Life Concepts Holdings Ltd HKSE:08056
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 (Mar25) TTM:Last Year (Mar24) TTM:
Net Income was HK$49.67 Mil.
Cash Flow from Operations was HK$-9.71 Mil.
Revenue was HK$7.39 Mil.
Gross Profit was HK$-2.18 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was (122.241 + 128.022) / 2 = HK$125.1315 Mil.
Total Assets at the begining of this year (Mar24) was HK$122.24 Mil.
Long-Term Debt & Capital Lease Obligation was HK$0.82 Mil.
Total Current Assets was HK$40.48 Mil.
Total Current Liabilities was HK$63.98 Mil.
Net Income was HK$-19.56 Mil.

Revenue was HK$16.09 Mil.
Gross Profit was HK$0.56 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was (139.252 + 122.241) / 2 = HK$130.7465 Mil.
Total Assets at the begining of last year (Mar23) was HK$139.25 Mil.
Long-Term Debt & Capital Lease Obligation was HK$0.36 Mil.
Total Current Assets was HK$40.17 Mil.
Total Current Liabilities was HK$229.38 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.

Life Concepts Holdings's current Net Income (TTM) was 49.67. ==> 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.

Life Concepts Holdings's current Cash Flow from Operations (TTM) was -9.71. ==> 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 (Mar24)
=49.668/122.241
=0.40631212

ROA (Last Year)=Net Income/Total Assets (Mar23)
=-19.558/139.252
=-0.14045041

Life Concepts Holdings's return on assets of this year was 0.40631212. Life Concepts Holdings's return on assets of last year was -0.14045041. ==> 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.

Life Concepts Holdings's current Net Income (TTM) was 49.67. Life Concepts Holdings's current Cash Flow from Operations (TTM) was -9.71. ==> -9.71 <= 49.67 ==> CFROA <= ROA ==> Score 0.

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: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0.822/125.1315
=0.00656909

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=0.356/130.7465
=0.00272283

Life Concepts Holdings's gearing of this year was 0.00656909. Life Concepts Holdings's gearing of last year was 0.00272283. ==> 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: Mar25)=Total Current Assets/Total Current Liabilities
=40.48/63.977
=0.63272739

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=40.172/229.377
=0.17513526

Life Concepts Holdings's current ratio of this year was 0.63272739. Life Concepts Holdings's current ratio of last year was 0.17513526. ==> 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.

Life Concepts Holdings's number of shares in issue this year was 107.18. Life Concepts Holdings's number of shares in issue last year was 94.915. ==> 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
=-2.183/7.394
=-0.29523938

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0.557/16.086
=0.03462638

Life Concepts Holdings's gross margin of this year was -0.29523938. Life Concepts Holdings's gross margin of last year was 0.03462638. ==> 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 (Mar24)
=7.394/122.241
=0.06048707

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=16.086/139.252
=0.11551719

Life Concepts Holdings's asset turnover of this year was 0.06048707. Life Concepts Holdings's asset turnover of last year was 0.11551719. ==> 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
=1+0+1+0+0+1+0+0+0
=3

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

Life Concepts Holdings has an F-score of 3. 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 3 mean?
Life Concepts Holdings (HKSE:08056) has a Piotroski F-Score of 3 as of Jul. 17, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Life Concepts Holdings and its competitors. This is 40% below median its historical median of 5.00. Over the past decade, Life Concepts Holdings' Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, Life Concepts Holdings ranks #306 out of 355 companies in the Restaurants industry, placing it in the top 86.2%.
Is Life Concepts Holdings' Piotroski F-Score too high?
Life Concepts Holdings' current Piotroski F-Score of 3 is 40% 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 Restaurants industry median Piotroski F-Score is 5.00. Life Concepts Holdings' value of 3 is 40% below this industry median. Based on the distribution chart, Life Concepts Holdings ranks #306 out of 355 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Life Concepts Holdings has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Life Concepts Holdings' Piotroski F-Score compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Life Concepts Holdings ranks #306 out of 355 companies for Piotroski F-Score. This places Life Concepts Holdings in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Life Concepts Holdings' value of 3 is 40% below this benchmark. Historically, Life Concepts Holdings' 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, Life Concepts 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 Restaurants company?
The median Piotroski F-Score among Restaurants companies is 5.00, based on 355 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. Life Concepts Holdings's current Piotroski F-Score of 3 is 40% 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 Life Concepts Holdings and its competitors. For the Restaurants 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. Life Concepts Holdings's current Piotroski F-Score is 3, which is 40% 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 Life Concepts Holdings stock overvalued right now?
Based on GuruFocus' analysis, Life Concepts Holdings (HKSE:08056) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.02, compared to a current price of HK$0.17 — trading 750% above its estimated fair value. The current Piotroski F-Score is 3, which is 40% below median its 10-year median of 5.00 and 40% below the Restaurants industry median of 5.00. Life Concepts Holdings' overall GF Score™ is 35/100 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 Life Concepts Holdings (HKSE:08056), the current Piotroski F-Score is 3 as of Jul. 17, 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 Life Concepts Holdings (HKSE:08056) Overvalued in 2026?

Based on GuruFocus' analysis, Life Concepts Holdings stock appears to be overvalued. The current stock price of HK$0.17 is trading 750% above its estimated GF Value™ of HK$0.02. GuruFocus considers Life Concepts Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:08056:

  • Piotroski F-Score: 3 (40% below median its 10-year median of 5.00)
  • GF Value™: HK$0.02 vs. price of HK$0.17 (750% above fair value)
  • GF Score™: 35/100 with 6 warning signs
  • Industry Position: 40% below the Restaurants median (#306 of 355)

No single metric tells the full story. See the HKSE:08056 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Life Concepts Holdings Business Description

Address 287-299 Queen’s Road Central, The Centre Mark, Shop 1, Ground Floor, Central, Hong Kong, HKG
Life Concepts Holdings Ltd is an investment holding company. The company's operating segment includes Provision of Catering Services; Provision of organic vegetables consulting services and Provision of financial intermediation services. It generates maximum revenue from Provision of Catering Services segment. Geographically, it derives a majority of revenue from Hong Kong.
35GF Score

Get the complete analysis for HKSE:08056

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

HK$0.17
Price
HK$0.02
GF Value