* 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.
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Super Hi International Holding Piotroski F-Score Chart
Competitive Comparison of Super Hi International Holding's Piotroski F-Score
For the Restaurants subindustry, Super Hi International Holding'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.
Super Hi International Holding's Piotroski F-Score Distribution in the Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Super Hi International Holding's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Super Hi International Holding'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.
This Year (Dec24) TTM:
Last Year (Dec23) TTM:
Net Income was -34.867 + -0.984 + 293.908 + -88.15 = HK$170 Mil. Cash Flow from Operations was 187.893 + 187.315 + 317.086 + 240.937 = HK$933 Mil. Revenue was 1467.962 + 1431.44 + 1547.417 + 1622.791 = HK$6,070 Mil. Gross Profit was 478.807 + 510.938 + 524.513 + 574.509 = HK$2,089 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was
(4505.341 + 4436.666 + 4874.354 + 5192.187 + 5320.309) / 5 = HK$4865.7714 Mil. Total Assets at the begining of this year (Dec23) was HK$4,505 Mil. Long-Term Debt & Capital Lease Obligation was HK$1,331 Mil. Total Current Assets was HK$2,513 Mil. Total Current Liabilities was HK$999 Mil.
Net Income was 44.078 + -16.246 + -10.882 + 180.453 = HK$197 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.
Super Hi International Holding's current Net Income (TTM) was 170.
==> 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.
Super Hi International Holding's current Cash Flow from Operations (TTM) was 933.
==> 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.
Super Hi International Holding's return on assets of this year was 0.03771235. Super Hi International Holding's return on assets of last year was 0.04401148.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Super Hi International Holding's gearing of this year was 0.27353402. Super Hi International Holding's gearing of last year was 0.28482917.
==> 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
Super Hi International Holding's current ratio of this year was 2.51405629. Super Hi International Holding's current ratio of last year was 1.70304268.
==> 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.
Super Hi International Holding's number of shares in issue this year was 567. Super Hi International Holding's number of shares in issue last year was 557.4.
==> 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.
Super Hi International Holding's gross margin of this year was 0.34413529. Super Hi International Holding's gross margin of last year was 0.31820142.
==> 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
Super Hi International Holding's asset turnover of this year was 1.34720324. Super Hi International Holding's asset turnover of last year was 1.19806401.
==> 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
+
0
+
1
+
1
+
1
+
0
+
1
+
1
=
7
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Super Hi International Holding has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Super Hi International Holding (HKSE:09658) 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.
Super Hi International Holding Piotroski F-Score Related Terms
Thank you for viewing the detailed overview of Super Hi International Holding's Piotroski F-Score provided by GuruFocus.com. Please click on the following links to see related term pages.
Super Hi International Holding Business Description
Super Hi International Holding Ltd is an investment holding company and its subsidiaries are principally engaged in restaurant operations, delivery business, and sales of hot pot condiment products and food ingredients located in the overseas market outside Mainland China, Hong Kong, Macau, and Taiwan.
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