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Finet GroupHKSE:08317 Piotroski F-Score is 7 as of Aug. 27, 2026, which is 40% above its 10-year median of 5.00. The stock has 3 warning signs investors should review. Among 1,061 Business Services companies, Finet Group ranks better than 89.35% on this metric.
Good Sign:
Piotroski F-Score is 7, 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
Finet Group has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Finet Group's Piotroski F-Score or its related term are showing as below:
HKSE:08317'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 7
Current: 7
During the past 13 years, the highest Piotroski F-Score of Finet Group was 7. The lowest was 3. And the median was 5.
Finet Group (HKSE:08317) 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.
Finet Group Piotroski F-Score Related Terms
Finet Group Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Finet 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.
HKSE:08317 vs CTAS, CPRT, GPN: Piotroski F-Score Comparison
For the Specialty Business Services subindustry, Finet 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.
Finet Group Piotroski F-Score vs Business Services Industry
For the Business Services industry and Industrials sector, Finet Group's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Finet Group'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.
Finet Group's current Net Income (TTM) was 0.10.
==> 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.
Finet Group's return on assets of this year was 0.00154383. Finet Group's return on assets of last year was -0.06444928.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Finet Group's gearing of this year was 0.16280208. Finet Group's gearing of last year was 0.15478883.
==> 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
Finet Group's current ratio of this year was 4.7688172. Finet Group's current ratio of last year was 4.58725962.
==> 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.
Finet Group's number of shares in issue this year was 999.808. Finet Group's number of shares in issue last year was 999.808.
==> 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.
Finet Group's gross margin of this year was 1. Finet Group's gross margin of last year was 1.
==> 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
Finet Group's asset turnover of this year was 0.28272146. Finet Group's asset turnover of last year was 0.15751581.
==> 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
Finet Group has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Finet Group (HKSE:08317) has a Piotroski F-Score of 7 as of Aug. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Finet Group and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Finet Group's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Finet Group ranks #113 out of 1061 companies in the Business Services industry, placing it in the top 10.7%.
Is Finet Group's Piotroski F-Score too high?
Finet Group's current Piotroski F-Score of 7 is 40% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Business Services industry median Piotroski F-Score is 5.00. Finet Group's value of 7 is 40% above this industry median. Based on the distribution chart, Finet Group ranks #113 out of 1061 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers.
How does Finet Group's Piotroski F-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Finet Group ranks #113 out of 1061 companies for Piotroski F-Score. This places Finet Group in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Finet Group's value of 7 is 40% above this benchmark. Historically, Finet Group's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Finet 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 Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,061 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. Finet Group's current Piotroski F-Score of 7 is 40% 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 Finet Group and its competitors. For the Business Services 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. Finet Group's current Piotroski F-Score is 7, which is 40% above 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 Finet Group stock overvalued right now?
Based on GuruFocus' analysis, Finet Group (HKSE:08317) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.14, compared to a current price of HK$0.08 — trading 42.9% below its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Business Services 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 Finet Group (HKSE:08317), the current Piotroski F-Score is 7 as of Aug. 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.
Finet Group Ltd is an investment holding company. The company has four business segments namely Financial Information, Advertising and Investor Relationship Service Business; Securities and Futures Business; and Property Investment Business. The Financial Information, Advertising and Investor Relationship Service Business segment which derives maximum revenue is involved in the development, production, and provision of financial information services and technology solutions to investors, corporate and retail clients. The Securities and Futures segment specializes in the provision of online securities and futures trading. The Money Lending Business segment engages in lending. The Property Investment segment involves in the real estate business.
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