GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Jlogo Holdings Ltd (HKSE:08527) » Definitions » Piotroski F-Score

Jlogo Holdings (HKSE:08527) Piotroski F-Score : 4 (As of Apr. 10, 2025)


View and export this data going back to 2018. Start your Free Trial

What is Jlogo Holdings Piotroski F-Score?

The zones of discrimination were as such:

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

Jlogo Holdings has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

HKSE:08527' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 6
Current: 4

During the past 9 years, the highest Piotroski F-Score of Jlogo Holdings was 6. The lowest was 1. And the median was 4.


Jlogo Holdings Piotroski F-Score Historical Data

The historical data trend for Jlogo 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.

* Premium members only.

Jlogo Holdings Piotroski F-Score Chart

Jlogo Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only 3.00 6.00 4.00 6.00 4.00

Jlogo Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 -

Competitive Comparison of Jlogo Holdings's Piotroski F-Score

For the Restaurants subindustry, Jlogo 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.


Jlogo Holdings's Piotroski F-Score Distribution in the Restaurants Industry

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

* The bar in red indicates where Jlogo 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 (Dec23) TTM:Last Year (Dec22) TTM:
Net Income was HK$-28.86 Mil.
Cash Flow from Operations was HK$12.61 Mil.
Revenue was HK$99.97 Mil.
Gross Profit was HK$68.69 Mil.
Average Total Assets from the begining of this year (Dec22)
to the end of this year (Dec23) was (89.344 + 51.751) / 2 = HK$70.5475 Mil.
Total Assets at the begining of this year (Dec22) was HK$89.34 Mil.
Long-Term Debt & Capital Lease Obligation was HK$23.23 Mil.
Total Current Assets was HK$11.80 Mil.
Total Current Liabilities was HK$47.42 Mil.
Net Income was HK$-9.72 Mil.

Revenue was HK$100.56 Mil.
Gross Profit was HK$71.81 Mil.
Average Total Assets from the begining of last year (Dec21)
to the end of last year (Dec22) was (83.247 + 89.344) / 2 = HK$86.2955 Mil.
Total Assets at the begining of last year (Dec21) was HK$83.25 Mil.
Long-Term Debt & Capital Lease Obligation was HK$38.39 Mil.
Total Current Assets was HK$22.70 Mil.
Total Current Liabilities was HK$40.66 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.

Jlogo Holdings's current Net Income (TTM) was -28.86. ==> 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.

Jlogo Holdings's current Cash Flow from Operations (TTM) was 12.61. ==> 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 (Dec22)
=-28.862/89.344
=-0.32304352

ROA (Last Year)=Net Income/Total Assets (Dec21)
=-9.716/83.247
=-0.11671291

Jlogo Holdings's return on assets of this year was -0.32304352. Jlogo Holdings's return on assets of last year was -0.11671291. ==> 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.

Jlogo Holdings's current Net Income (TTM) was -28.86. Jlogo Holdings's current Cash Flow from Operations (TTM) was 12.61. ==> 12.61 > -28.86 ==> 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: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=23.234/70.5475
=0.32933839

Gearing (Last Year: Dec22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec21 to Dec22
=38.391/86.2955
=0.44487835

Jlogo Holdings's gearing of this year was 0.32933839. Jlogo Holdings's gearing of last year was 0.44487835. ==> This year is lower or equal to last year. ==> Score 1.

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: Dec23)=Total Current Assets/Total Current Liabilities
=11.802/47.424
=0.24886134

Current Ratio (Last Year: Dec22)=Total Current Assets/Total Current Liabilities
=22.703/40.655
=0.5584307

Jlogo Holdings's current ratio of this year was 0.24886134. Jlogo Holdings's current ratio of last year was 0.5584307. ==> Last year's current ratio is higher ==> Score 0.

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.

Jlogo Holdings's number of shares in issue this year was 500. Jlogo Holdings's number of shares in issue last year was 500. ==> 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
=68.694/99.972
=0.6871324

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=71.807/100.563
=0.7140499

Jlogo Holdings's gross margin of this year was 0.6871324. Jlogo Holdings's gross margin of last year was 0.7140499. ==> 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 (Dec22)
=99.972/89.344
=1.11895595

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec21)
=100.563/83.247
=1.2080075

Jlogo Holdings's asset turnover of this year was 1.11895595. Jlogo Holdings's asset turnover of last year was 1.2080075. ==> 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
=0+1+0+1+1+0+1+0+0
=4

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

Jlogo Holdings has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Jlogo Holdings  (HKSE:08527) 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.


Jlogo Holdings Piotroski F-Score Related Terms

Thank you for viewing the detailed overview of Jlogo Holdings's Piotroski F-Score provided by GuruFocus.com. Please click on the following links to see related term pages.


Jlogo Holdings Business Description

Traded in Other Exchanges
N/A
Address
124, Lorong 23 Geylang, No.10-01 and No. 10-02 Arcsphere, Singapore, SGP, 388405
Jlogo Holdings Ltd is a food and beverage company that owns and operates restaurants in Singapore. It has two segments namely, the dining operations segment which relates to the operations and management of restaurants; and the artisanal bakery segment which relates to the retail outlets specializing in the sale of bread and flour confectionery products. The company generates maximum revenue from the Dining operations segment. Geographically, it derives a majority of its revenue from Singapore.
Executives
Low Yeun Ching 2101 Beneficial owner
Bernoth Tobias Li Xi 2201 Interest of corporation controlled by you
Jing Xin Liao Yang Yuan Guo Ji You Xian Gong Si 2101 Beneficial owner
Low Yeun Ching @kelly Tan 2101 Beneficial owner
Zhengqi Capital Holdings Limited 2101 Beneficial owner
Cai Da 2201 Interest of corporation controlled by you
Fan Li 2202 Interest of your spouse

Jlogo Holdings Headlines

No Headlines