Sling Group Holdings (HKSE:08285) Piotroski F-Score: 8 (As of Jul. 27, 2026) — 100% Above Median

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What is Sling Group Holdings Piotroski F-Score?

Sling Group Holdings HKSE:08285 +2.70% Piotroski F-Score is 8 as of Jul. 27, 2026, which is 100% above its 10-year median of 4.00. The stock has 4 warning signs investors should review. Among 1,052 Manufacturing - Apparel & Accessories companies, Sling Group Holdings ranks better than 98.38% on this metric.

Good Sign:

Piotroski F-Score is 8, 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

Sling Group Holdings has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

HKSE:08285' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 8
Current: 8

During the past 11 years, the highest Piotroski F-Score of Sling Group Holdings was 8. The lowest was 2. And the median was 4.

Sling Group Holdings  (HKSE:08285) 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.


Sling Group Holdings Piotroski F-Score Related Terms


Sling Group Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Sling Group 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.

Sling Group Holdings Piotroski F-Score Chart

Sling Group Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 3.00 4.00 3.00 8.00

Sling Group Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 4.00 0.00 3.00 0.00 8.00

HKSE:08285 vs NKE, DECK, ONON: Piotroski F-Score Comparison

For the Footwear & Accessories subindustry, Sling Group 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.


Sling Group Holdings Piotroski F-Score vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sling Group Holdings's Piotroski F-Score distribution charts can be found below:

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


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$0.05 Mil.
Cash Flow from Operations was HK$0.74 Mil.
Revenue was HK$72.47 Mil.
Gross Profit was HK$41.23 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (35.688 + 36.758) / 2 = HK$36.223 Mil.
Total Assets at the begining of this year (Dec24) was HK$35.69 Mil.
Long-Term Debt & Capital Lease Obligation was HK$12.02 Mil.
Total Current Assets was HK$30.82 Mil.
Total Current Liabilities was HK$34.70 Mil.
Net Income was HK$-11.41 Mil.

Revenue was HK$71.10 Mil.
Gross Profit was HK$37.09 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (53.676 + 35.688) / 2 = HK$44.682 Mil.
Total Assets at the begining of last year (Dec23) was HK$53.68 Mil.
Long-Term Debt & Capital Lease Obligation was HK$12.25 Mil.
Total Current Assets was HK$30.32 Mil.
Total Current Liabilities was HK$35.81 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.

Sling Group Holdings's current Net Income (TTM) was 0.05. ==> 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.

Sling Group Holdings's current Cash Flow from Operations (TTM) was 0.74. ==> 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)
=0.049/35.688
=0.00137301

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-11.412/53.676
=-0.21260899

Sling Group Holdings's return on assets of this year was 0.00137301. Sling Group Holdings's return on assets of last year was -0.21260899. ==> 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.

Sling Group Holdings's current Net Income (TTM) was 0.05. Sling Group Holdings's current Cash Flow from Operations (TTM) was 0.74. ==> 0.74 > 0.05 ==> 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
=12.022/36.223
=0.33188858

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=12.248/44.682
=0.27411486

Sling Group Holdings's gearing of this year was 0.33188858. Sling Group Holdings's gearing of last year was 0.27411486. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=30.821/34.697
=0.88829005

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=30.317/35.812
=0.84655981

Sling Group Holdings's current ratio of this year was 0.88829005. Sling Group Holdings's current ratio of last year was 0.84655981. ==> 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.

Sling Group Holdings's number of shares in issue this year was 560. Sling Group Holdings'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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=41.233/72.473
=0.56894292

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=37.094/71.098
=0.52173057

Sling Group Holdings's gross margin of this year was 0.56894292. Sling Group Holdings's gross margin of last year was 0.52173057. ==> 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 (Dec24)
=72.473/35.688
=2.03073862

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=71.098/53.676
=1.32457709

Sling Group Holdings's asset turnover of this year was 2.03073862. Sling Group Holdings's asset turnover of last year was 1.32457709. ==> 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+1+1+0+1+1+1+1
=8

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

Sling Group Holdings has an F-score of 8. 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 8 mean?
Sling Group Holdings (HKSE:08285) has a Piotroski F-Score of 8 as of Jul. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sling Group Holdings and its competitors. This is 100% above median its historical median of 4.00. Over the past decade, Sling Group Holdings' Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Sling Group Holdings ranks #17 out of 1052 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 1.6%.
Is Sling Group Holdings' Piotroski F-Score too high?
Sling Group Holdings' current Piotroski F-Score of 8 is 100% above 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 8.00. The Manufacturing - Apparel & Accessories industry median Piotroski F-Score is 5.00. Sling Group Holdings' value of 8 is 60% above this industry median. Based on the distribution chart, Sling Group Holdings ranks #17 out of 1052 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers.
How does Sling Group Holdings' Piotroski F-Score compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Sling Group Holdings ranks #17 out of 1052 companies for Piotroski F-Score. This places Sling Group Holdings in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Sling Group Holdings' value of 8 is 60% above this benchmark. Historically, Sling Group Holdings' own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Sling Group Holdings 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 Manufacturing - Apparel & Accessories company?
The median Piotroski F-Score among Manufacturing - Apparel & Accessories companies is 5.00, based on 1,052 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. Sling Group Holdings's current Piotroski F-Score of 8 is 60% 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 Sling Group Holdings and its competitors. For the Manufacturing - Apparel & Accessories 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. Sling Group Holdings's current Piotroski F-Score is 8, which is 100% 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 Sling Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sling Group Holdings (HKSE:08285) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.02, compared to a current price of HK$0.04 — trading 90% above its estimated fair value. The current Piotroski F-Score is 8, which is 100% above median its 10-year median of 4.00 and 60% above the Manufacturing - Apparel & Accessories industry median of 5.00. 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 Sling Group Holdings (HKSE:08285), the current Piotroski F-Score is 8 as of Jul. 27, 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.

Sling Group Holdings Business Description

Address 64 Hoi Yuen Road, Unit 1, 21st Floor, Yen Sheng Centre, Kwun Tong, Kowloon, Hong Kong, HKG
Sling Group Holdings Ltd is an investment holding company engaged in the design and sale of womens handbags, small leather goods, luggage, and travel goods. Its products of the company include designing, promoting, and selling womens handbags, small leather goods, and travel goods, including handle bags, clutch bags, wallets, coin cases, cardholders, and suitcases in the PRC. It group has a business presence in China and Hong Kong, of which key revenue is derived from China. It brand portfolio of the company comprises two brands namely, Elle, Jessie, and Jane.