Metropolis Capital Holdings (HKSE:08621) Piotroski F-Score: 4 (As of Aug. 02, 2026) — Near 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.

What is Metropolis Capital Holdings Piotroski F-Score?

Metropolis Capital Holdings HKSE:08621 Piotroski F-Score is 4 as of Aug. 02, 2026, which is at its 10-year median of 4.00. The stock has 3 warning signs investors should review. Among 535 Credit Services companies, Metropolis Capital Holdings ranks worse than 55.89% 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

Metropolis Capital 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 Metropolis Capital Holdings's Piotroski F-Score or its related term are showing as below:

HKSE:08621' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 6
Current: 4

During the past 10 years, the highest Piotroski F-Score of Metropolis Capital Holdings was 6. The lowest was 2. And the median was 4.

Metropolis Capital Holdings  (HKSE:08621) 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.


Metropolis Capital Holdings Piotroski F-Score Related Terms


Metropolis Capital Holdings Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Metropolis Capital 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.

Metropolis Capital Holdings Piotroski F-Score Chart

Metropolis Capital 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 3.00 2.00 4.00 6.00 4.00

Metropolis Capital Holdings Semi-Annual Data
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 4.00 0.00 6.00 0.00 4.00

HKSE:08621 vs V, MA, AXP: Piotroski F-Score Comparison

For the Credit Services subindustry, Metropolis Capital 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.


Metropolis Capital Holdings Piotroski F-Score vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Metropolis Capital Holdings's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Metropolis Capital 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$-27.45 Mil.
Cash Flow from Operations was HK$-5.43 Mil.
Revenue was HK$33.63 Mil.
Gross Profit was HK$10.67 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (280.48 + 206.937) / 2 = HK$243.7085 Mil.
Total Assets at the begining of this year (Dec24) was HK$280.48 Mil.
Long-Term Debt & Capital Lease Obligation was HK$0.00 Mil.
Total Current Assets was HK$199.80 Mil.
Total Current Liabilities was HK$28.67 Mil.
Net Income was HK$-11.04 Mil.

Revenue was HK$55.71 Mil.
Gross Profit was HK$19.51 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (440.696 + 280.48) / 2 = HK$360.588 Mil.
Total Assets at the begining of last year (Dec23) was HK$440.70 Mil.
Long-Term Debt & Capital Lease Obligation was HK$0.00 Mil.
Total Current Assets was HK$261.52 Mil.
Total Current Liabilities was HK$81.66 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.

Metropolis Capital Holdings's current Net Income (TTM) was -27.45. ==> 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.

Metropolis Capital Holdings's current Cash Flow from Operations (TTM) was -5.43. ==> Negative ==> Score 0.

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)
=-27.446/280.48
=-0.09785368

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-11.04/440.696
=-0.02505128

Metropolis Capital Holdings's return on assets of this year was -0.09785368. Metropolis Capital Holdings's return on assets of last year was -0.02505128. ==> 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.

Metropolis Capital Holdings's current Net Income (TTM) was -27.45. Metropolis Capital Holdings's current Cash Flow from Operations (TTM) was -5.43. ==> -5.43 > -27.45 ==> 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
=0/243.7085
=0

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0/360.588
=0

Metropolis Capital Holdings's gearing of this year was 0. Metropolis Capital Holdings's gearing of last year was 0. ==> 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: Dec25)=Total Current Assets/Total Current Liabilities
=199.798/28.67
=6.96888734

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=261.52/81.662
=3.20246871

Metropolis Capital Holdings's current ratio of this year was 6.96888734. Metropolis Capital Holdings's current ratio of last year was 3.20246871. ==> 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.

Metropolis Capital Holdings's number of shares in issue this year was 960. Metropolis Capital Holdings's number of shares in issue last year was 960. ==> 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
=10.671/33.629
=0.31731541

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=19.511/55.71
=0.35022438

Metropolis Capital Holdings's gross margin of this year was 0.31731541. Metropolis Capital Holdings's gross margin of last year was 0.35022438. ==> 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 (Dec24)
=33.629/280.48
=0.11989803

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=55.71/440.696
=0.12641367

Metropolis Capital Holdings's asset turnover of this year was 0.11989803. Metropolis Capital Holdings's asset turnover of last year was 0.12641367. ==> 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+0+0+1+1+1+1+0+0
=4

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

Metropolis Capital Holdings has an F-score of 4 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 4 mean?
Metropolis Capital Holdings (HKSE:08621) has a Piotroski F-Score of 4 as of Aug. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Metropolis Capital Holdings and its competitors. This is near median its historical median of 4.00. Over the past decade, Metropolis Capital Holdings' Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, Metropolis Capital Holdings ranks #299 out of 535 companies in the Credit Services industry, placing it in the top 55.9%.
Is Metropolis Capital Holdings' Piotroski F-Score too high?
Metropolis Capital Holdings' current Piotroski F-Score of 4 is near 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 Credit Services industry median Piotroski F-Score is 5.00. Metropolis Capital Holdings' value of 4 is 20% below this industry median. Based on the distribution chart, Metropolis Capital Holdings ranks #299 out of 535 companies in the Credit Services industry, which is below the industry midpoint.
How does Metropolis Capital Holdings' Piotroski F-Score compare to V and MA?
According to the Credit Services industry distribution chart, Metropolis Capital Holdings ranks #299 out of 535 companies for Piotroski F-Score. This places Metropolis Capital Holdings in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Metropolis Capital Holdings' value of 4 is 20% below this benchmark. Historically, Metropolis Capital 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, Metropolis Capital 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 Credit Services company?
The median Piotroski F-Score among Credit Services companies is 5.00, based on 535 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. Metropolis Capital Holdings's current Piotroski F-Score of 4 is 20% 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 Metropolis Capital Holdings and its competitors. For the Credit 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. Metropolis Capital Holdings's current Piotroski F-Score is 4, which is near 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 Metropolis Capital Holdings stock overvalued right now?
Based on GuruFocus' analysis, Metropolis Capital Holdings (HKSE:08621) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.02, compared to a current price of HK$0.03 — trading 70% above its estimated fair value. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Credit 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 Metropolis Capital Holdings (HKSE:08621), the current Piotroski F-Score is 4 as of Aug. 02, 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.

Metropolis Capital Holdings Business Description

Address 887 Huai Hai Zhong Road, Room 7003A, Yongxin Building, Huangpu District, Shanghai, CHN, 200020
Metropolis Capital Holdings Ltd is a financial leasing company engaged in providing customized vehicle finance leasing to its customers. The Group categorizes its vehicle finance leasing into typical finance leasing and sale and leaseback arrangements. Typical finance leasing generally involves the leasing of the vehicle acquired by the company from a vehicle dealer prior to a lease transaction, and the sale and leaseback arrangement generally involves the leasing of a new or second-hand vehicle acquired by its customer from a vehicle dealer prior to a lease transaction. The Group's operation is in the People's Republic of China.