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Sheng Tang HoldingsHKSE:08305 +7.14% Piotroski F-Score is 3 as of Aug. 25, 2026, which is 25% below its 10-year median of 4.00. The stock has 7 warning signs investors should review. Among 1,737 Construction companies, Sheng Tang Holdings ranks worse than 82.79% 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
Sheng Tang 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 Sheng Tang Holdings's Piotroski F-Score or its related term are showing as below:
HKSE:08305'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 4 Max: 6
Current: 3
During the past 11 years, the highest Piotroski F-Score of Sheng Tang Holdings was 6. The lowest was 2. And the median was 4.
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.
Sheng Tang Holdings Piotroski F-Score Related Terms
Sheng Tang Holdings Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Sheng Tang 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.
HKSE:08305 vs PWR, FIX, EME: Piotroski F-Score Comparison
For the Engineering & Construction subindustry, Sheng Tang 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.
Sheng Tang Holdings Piotroski F-Score vs Construction Industry
For the Construction industry and Industrials sector, Sheng Tang Holdings's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Sheng Tang Holdings'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.
Sheng Tang Holdings's current Net Income (TTM) was -19.3.
==> 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.
Sheng Tang Holdings's return on assets of this year was -0.14006416. Sheng Tang Holdings's return on assets of last year was -0.02365598.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Sheng Tang Holdings's gearing of this year was 0.01147789. Sheng Tang Holdings's gearing of last year was 0.00822635.
==> 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
Sheng Tang Holdings's current ratio of this year was 2.82239558. Sheng Tang Holdings's current ratio of last year was 1.48693329.
==> 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.
Sheng Tang Holdings's number of shares in issue this year was 1348.953. Sheng Tang Holdings's number of shares in issue last year was 1062.082.
==> 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.
Sheng Tang Holdings's gross margin of this year was 0.10028101. Sheng Tang Holdings's gross margin of last year was 0.06519.
==> 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
Sheng Tang Holdings's asset turnover of this year was 1.17243901. Sheng Tang Holdings's asset turnover of last year was 1.13023596.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Sheng Tang Holdings has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
Sheng Tang Holdings (HKSE:08305) has a Piotroski F-Score of 3 as of Aug. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sheng Tang Holdings and its competitors. This is 25% below median its historical median of 4.00. Over the past decade, Sheng Tang Holdings' Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, Sheng Tang Holdings ranks #1438 out of 1737 companies in the Construction industry, placing it in the top 82.8%.
Is Sheng Tang Holdings' Piotroski F-Score too high?
Sheng Tang Holdings' current Piotroski F-Score of 3 is 25% 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 Construction industry median Piotroski F-Score is 5.00. Sheng Tang Holdings' value of 3 is 40% below this industry median. Based on the distribution chart, Sheng Tang Holdings ranks #1438 out of 1737 companies in the Construction industry, which is in the bottom quartile relative to peers.
How does Sheng Tang Holdings' Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Sheng Tang Holdings ranks #1438 out of 1737 companies for Piotroski F-Score. This places Sheng Tang Holdings in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Sheng Tang Holdings' value of 3 is 40% below this benchmark. Historically, Sheng Tang 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 4.00 vs. the industry median of 5.00, Sheng Tang 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,737 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. Sheng Tang 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 Sheng Tang Holdings and its competitors. For the Construction 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. Sheng Tang Holdings's current Piotroski F-Score is 3, which is 25% 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 Sheng Tang Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sheng Tang Holdings (HKSE:08305) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.05, compared to a current price of HK$0.06 — trading 20% above its estimated fair value. The current Piotroski F-Score is 3, which is 25% below median its 10-year median of 4.00 and 40% below the Construction 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 Sheng Tang Holdings (HKSE:08305), the current Piotroski F-Score is 3 as of Aug. 25, 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.
Sheng Tang Holdings Ltd is a Hong Kong-based multi-disciplinary contractor engaged in the provision of construction-related services. The group has two reportable segments: Provision of construction works and Distribution of dairy products. The Provision of construction works segment is involved in performing RMAA works, new construction works, and corrosion protection works. The Distribution of dairy products segment is engaged in the distribution of sheep dairy products, including milk powder and ultra-high temperature milk. The Group generates the majority of its revenue from the Provision of construction works segment. Geographically, the company generates the majority of its revenue from Hong Kong.
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