Linmon Media (HKSE:09857) Piotroski F-Score: 5 (As of Aug. 28, 2026) — Near Median

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HKSE:09857 Linmon Media Ltd HKSE:09857
71 GF Score
Price HK$2.74
GF Value HK$6.57
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Linmon Media Piotroski F-Score?

Linmon Media HKSE:09857 -1.44% 71 Piotroski F-Score is 5 as of Aug. 28, 2026, which is at its 10-year median of 5.00. GuruFocus rates HKSE:09857 with a GF Score™ of 71/100 and a GF Value™ of HK$6.57 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,006 Media - Diversified companies, Linmon Media ranks better than 59.24% 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

Linmon Media has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

HKSE:09857' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 8
Current: 5

During the past 7 years, the highest Piotroski F-Score of Linmon Media was 8. The lowest was 2. And the median was 5.

Linmon Media  (HKSE:09857) 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.


Linmon Media Piotroski F-Score Related Terms


Linmon Media Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Linmon Media'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.

Linmon Media Piotroski F-Score Chart

Linmon Media Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 8.00 3.00 7.00 2.00 5.00

Linmon Media Semi-Annual Data
Dec19 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 7.00 0.00 2.00 0.00 5.00

HKSE:09857 vs NFLX, DIS, WBD: Piotroski F-Score Comparison

For the Entertainment subindustry, Linmon Media'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.


Linmon Media Piotroski F-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Linmon Media's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Linmon Media's Piotroski F-Score falls into.


HKSE:09857
71GF Score
Linmon Media Ltd HKSE:09857
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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$34.5 Mil.
Cash Flow from Operations was HK$-334.7 Mil.
Revenue was HK$952.8 Mil.
Gross Profit was HK$253.7 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (3435.612 + 3514.691) / 2 = HK$3475.1515 Mil.
Total Assets at the begining of this year (Dec24) was HK$3,435.6 Mil.
Long-Term Debt & Capital Lease Obligation was HK$16.2 Mil.
Total Current Assets was HK$3,224.2 Mil.
Total Current Liabilities was HK$675.7 Mil.
Net Income was HK$-201.9 Mil.

Revenue was HK$701.5 Mil.
Gross Profit was HK$115.9 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (3902.063 + 3435.612) / 2 = HK$3668.8375 Mil.
Total Assets at the begining of last year (Dec23) was HK$3,902.1 Mil.
Long-Term Debt & Capital Lease Obligation was HK$36.4 Mil.
Total Current Assets was HK$3,054.3 Mil.
Total Current Liabilities was HK$553.9 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.

Linmon Media's current Net Income (TTM) was 34.5. ==> 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.

Linmon Media's current Cash Flow from Operations (TTM) was -334.7. ==> 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)
=34.496/3435.612
=0.01004071

ROA (Last Year)=Net Income/Total Assets (Dec23)
=-201.944/3902.063
=-0.05175314

Linmon Media's return on assets of this year was 0.01004071. Linmon Media's return on assets of last year was -0.05175314. ==> This year is higher. ==> Score 1.

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.

Linmon Media's current Net Income (TTM) was 34.5. Linmon Media's current Cash Flow from Operations (TTM) was -334.7. ==> -334.7 <= 34.5 ==> CFROA <= ROA ==> Score 0.

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
=16.158/3475.1515
=0.00464958

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=36.414/3668.8375
=0.00992521

Linmon Media's gearing of this year was 0.00464958. Linmon Media's gearing of last year was 0.00992521. ==> 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
=3224.243/675.748
=4.77136891

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=3054.286/553.947
=5.51367911

Linmon Media's current ratio of this year was 4.77136891. Linmon Media's current ratio of last year was 5.51367911. ==> 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.

Linmon Media's number of shares in issue this year was 365.554. Linmon Media's number of shares in issue last year was 360.484. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=253.69/952.831
=0.26624868

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=115.867/701.469
=0.16517765

Linmon Media's gross margin of this year was 0.26624868. Linmon Media's gross margin of last year was 0.16517765. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=952.831/3435.612
=0.27733952

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=701.469/3902.063
=0.17976875

Linmon Media's asset turnover of this year was 0.27733952. Linmon Media's asset turnover of last year was 0.17976875. ==> 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+0+1+0+1+0+0+1+1
=5

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

Linmon Media has an F-score of 5 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 5 mean?
Linmon Media (HKSE:09857) has a Piotroski F-Score of 5 as of Aug. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Linmon Media and its competitors. This is near median its historical median of 5.00. Over the past decade, Linmon Media's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Linmon Media ranks #410 out of 1006 companies in the Media - Diversified industry, placing it in the top 40.8%.
Is Linmon Media's Piotroski F-Score too high?
Linmon Media's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Media - Diversified industry median Piotroski F-Score is 5.00. Linmon Media's value of 5 is 0% at this industry median. Based on the distribution chart, Linmon Media ranks #410 out of 1006 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Linmon Media has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Linmon Media's Piotroski F-Score compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Linmon Media ranks #410 out of 1006 companies for Piotroski F-Score. This puts Linmon Media in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Linmon Media's value of 5 is 0% at this benchmark. Historically, Linmon Media's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Linmon Media has consistently been at 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 Media - Diversified company?
The median Piotroski F-Score among Media - Diversified companies is 5.00, based on 1,006 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. Linmon Media's current Piotroski F-Score of 5 is 0% at 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 Linmon Media and its competitors. For the Media - Diversified 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. Linmon Media's current Piotroski F-Score is 5, which is near 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 Linmon Media stock overvalued right now?
Based on GuruFocus' analysis, Linmon Media (HKSE:09857) is currently considered Possible Value Trap. The stock's GF Value™ is HK$6.57, compared to a current price of HK$2.74 — trading 58.3% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Media - Diversified industry median of 5.00. Linmon Media's overall GF Score™ is 71/100 with 7 warning signs to review. 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 Linmon Media (HKSE:09857), the current Piotroski F-Score is 5 as of Aug. 28, 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.

Is Linmon Media (HKSE:09857) Overvalued in 2026?

Based on GuruFocus' analysis, Linmon Media stock appears to be undervalued. The current stock price of HK$2.74 is trading 58.3% below its estimated GF Value™ of HK$6.57. GuruFocus considers Linmon Media to be Possible Value Trap.

Key valuation signals for HKSE:09857:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: HK$6.57 vs. price of HK$2.74 (58.3% below fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 0% at the Media - Diversified median (#410 of 1006)

No single metric tells the full story. See the HKSE:09857 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Linmon Media Business Description

Address No. 99 North Shanxi Road, 31st Floor, Suhe Centre, Jing’an District, Shanghai, CHN
Linmon Media Ltd is a drama series production company in China with a track record of creating premium content. The company typically creates high-viewership drama series based on its abundant reserve of original IPs. The majority of the Companies revenue is earned from Mainland China.
71GF Score

Get the complete analysis for HKSE:09857

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$2.74
Price
HK$6.57
GF Value