Ying Kee Tea House Group (HKSE:08241) Piotroski F-Score: 6 (As of Aug. 19, 2026) — 50% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

HKSE:08241 Ying Kee Tea House Group Ltd HKSE:08241
26 GF Score
Price HK$0.18
GF Value HK$0.12
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Ying Kee Tea House Group Piotroski F-Score?

Ying Kee Tea House Group HKSE:08241 26 Piotroski F-Score is 6 as of Aug. 19, 2026, which is 50% above its 10-year median of 4.00. GuruFocus rates HKSE:08241 with a GF Score™ of 26/100 and a GF Value™ of HK$0.12 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,911 Consumer Packaged Goods companies, Ying Kee Tea House Group ranks better than 72.42% 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

Ying Kee Tea House Group has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Ying Kee Tea House Group's Piotroski F-Score or its related term are showing as below:

HKSE:08241' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 6
Current: 6

During the past 11 years, the highest Piotroski F-Score of Ying Kee Tea House Group was 6. The lowest was 1. And the median was 4.

Ying Kee Tea House Group  (HKSE:08241) 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.


Ying Kee Tea House Group Piotroski F-Score Related Terms


Ying Kee Tea House Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Ying Kee Tea House Group'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.

Ying Kee Tea House Group Piotroski F-Score Chart

Ying Kee Tea House Group 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 5.00 6.00 3.00 3.00 6.00

Ying Kee Tea House Group 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 3.00 0.00 3.00 0.00 6.00

HKSE:08241 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Ying Kee Tea House Group'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.


Ying Kee Tea House Group Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ying Kee Tea House Group's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Ying Kee Tea House Group's Piotroski F-Score falls into.


HKSE:08241
26GF Score
Ying Kee Tea House Group Ltd HKSE:08241
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$-27.88 Mil.
Cash Flow from Operations was HK$4.52 Mil.
Revenue was HK$28.98 Mil.
Gross Profit was HK$22.46 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (87.151 + 61.473) / 2 = HK$74.312 Mil.
Total Assets at the begining of this year (Mar25) was HK$87.15 Mil.
Long-Term Debt & Capital Lease Obligation was HK$32.09 Mil.
Total Current Assets was HK$10.38 Mil.
Total Current Liabilities was HK$57.31 Mil.
Net Income was HK$-16.88 Mil.

Revenue was HK$30.28 Mil.
Gross Profit was HK$23.22 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (101.58 + 87.151) / 2 = HK$94.3655 Mil.
Total Assets at the begining of last year (Mar24) was HK$101.58 Mil.
Long-Term Debt & Capital Lease Obligation was HK$33.29 Mil.
Total Current Assets was HK$9.30 Mil.
Total Current Liabilities was HK$59.50 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.

Ying Kee Tea House Group's current Net Income (TTM) was -27.88. ==> 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.

Ying Kee Tea House Group's current Cash Flow from Operations (TTM) was 4.52. ==> 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 (Mar25)
=-27.877/87.151
=-0.31987011

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-16.88/101.58
=-0.16617444

Ying Kee Tea House Group's return on assets of this year was -0.31987011. Ying Kee Tea House Group's return on assets of last year was -0.16617444. ==> 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.

Ying Kee Tea House Group's current Net Income (TTM) was -27.88. Ying Kee Tea House Group's current Cash Flow from Operations (TTM) was 4.52. ==> 4.52 > -27.88 ==> 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
=32.091/74.312
=0.43184143

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=33.292/94.3655
=0.35279843

Ying Kee Tea House Group's gearing of this year was 0.43184143. Ying Kee Tea House Group's gearing of last year was 0.35279843. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=10.383/57.313
=0.18116309

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=9.295/59.504
=0.15620799

Ying Kee Tea House Group's current ratio of this year was 0.18116309. Ying Kee Tea House Group's current ratio of last year was 0.15620799. ==> 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.

Ying Kee Tea House Group's number of shares in issue this year was 361.65. Ying Kee Tea House Group's number of shares in issue last year was 361.65. ==> 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
=22.461/28.983
=0.77497154

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=23.218/30.28
=0.76677675

Ying Kee Tea House Group's gross margin of this year was 0.77497154. Ying Kee Tea House Group's gross margin of last year was 0.76677675. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=28.983/87.151
=0.33256073

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=30.28/101.58
=0.29809018

Ying Kee Tea House Group's asset turnover of this year was 0.33256073. Ying Kee Tea House Group's asset turnover of last year was 0.29809018. ==> 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+1+1+1+1
=6

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

Ying Kee Tea House Group has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
Ying Kee Tea House Group (HKSE:08241) has a Piotroski F-Score of 6 as of Aug. 19, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Ying Kee Tea House Group and its competitors. This is 50% above median its historical median of 4.00. Over the past decade, Ying Kee Tea House Group's Piotroski F-Score has ranged from 1.00 to 6.00. According to the industry distribution chart, Ying Kee Tea House Group ranks #527 out of 1911 companies in the Consumer Packaged Goods industry, placing it in the top 27.6%.
Is Ying Kee Tea House Group's Piotroski F-Score too high?
Ying Kee Tea House Group's current Piotroski F-Score of 6 is 50% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 6.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Ying Kee Tea House Group's value of 6 is 20% above this industry median. Based on the distribution chart, Ying Kee Tea House Group ranks #527 out of 1911 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Ying Kee Tea House Group has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ying Kee Tea House Group's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Ying Kee Tea House Group ranks #527 out of 1911 companies for Piotroski F-Score. This puts Ying Kee Tea House Group in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Ying Kee Tea House Group's value of 6 is 20% above this benchmark. Historically, Ying Kee Tea House Group's own Piotroski F-Score has ranged from 1.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Ying Kee Tea House Group 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 a Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,911 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. Ying Kee Tea House Group's current Piotroski F-Score of 6 is 20% 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 Ying Kee Tea House Group and its competitors. For the Consumer Packaged Goods 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. Ying Kee Tea House Group's current Piotroski F-Score is 6, which is 50% above 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 Ying Kee Tea House Group stock overvalued right now?
Based on GuruFocus' analysis, Ying Kee Tea House Group (HKSE:08241) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.12, compared to a current price of HK$0.18 — trading 46.7% above its estimated fair value. The current Piotroski F-Score is 6, which is 50% above median its 10-year median of 4.00 and 20% above the Consumer Packaged Goods industry median of 5.00. Ying Kee Tea House Group's overall GF Score™ is 26/100 with 7 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 Ying Kee Tea House Group (HKSE:08241), the current Piotroski F-Score is 6 as of Aug. 19, 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 Ying Kee Tea House Group (HKSE:08241) Overvalued in 2026?

Based on GuruFocus' analysis, Ying Kee Tea House Group stock appears to be overvalued. The current stock price of HK$0.18 is trading 46.7% above its estimated GF Value™ of HK$0.12. GuruFocus considers Ying Kee Tea House Group to be Significantly Overvalued.

Key valuation signals for HKSE:08241:

  • Piotroski F-Score: 6 (50% above median its 10-year median of 4.00)
  • GF Value™: HK$0.12 vs. price of HK$0.18 (46.7% above fair value)
  • GF Score™: 26/100 with 7 warning signs
  • Industry Position: 20% above the Consumer Packaged Goods median (#527 of 1911)

No single metric tells the full story. See the HKSE:08241 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ying Kee Tea House Group Business Description

Address 5 Fung Yip Street, 8th Floor, Wah Shing Centre, Siu Sai Wan, Hong Kong, HKG
Ying Kee Tea House Group Ltd is engaged in the retail trading of tea products, including Chinese tea leaves, tea wares, and tea gift sets. Its Tea products are categorized into Pu'er, green tea, black tea, Old Lu'an Tea, rock tea, White Tea, scented tea, and other. The firm operates in a single segment and generates revenue from sales of tea products.
26GF Score

Get the complete analysis for HKSE:08241

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

HK$0.18
Price
HK$0.12
GF Value