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China Development Bank Intl InvtHKSE:1062 Piotroski F-Score is 7 as of Aug. 27, 2026, which is 17% above its 10-year median of 6.00. Among 1,596 Asset Management companies, China Development Bank Intl Invt ranks better than 92.92% 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
China Development Bank Intl Invt 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 China Development Bank Intl Invt's Piotroski F-Score or its related term are showing as below:
HKSE:1062'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 6 Max: 7
Current: 7
During the past 13 years, the highest Piotroski F-Score of China Development Bank Intl Invt was 7. The lowest was 2. And the median was 6.
China Development Bank Intl Invt (HKSE:1062) 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.
China Development Bank Intl Invt Piotroski F-Score Related Terms
China Development Bank Intl Invt Piotroski F-Score Historical Data
* 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.
China Development Bank Intl Invt Piotroski F-Score Chart
HKSE:1062 vs BLK, BX, KKR: Piotroski F-Score Comparison
For the Asset Management subindustry, China Development Bank Intl Invt'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.
China Development Bank Intl Invt Piotroski F-Score vs Asset Management Industry
For the Asset Management industry and Financial Services sector, China Development Bank Intl Invt's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where China Development Bank Intl Invt'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.
China Development Bank Intl Invt's current Net Income (TTM) was -64.80.
==> 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.
China Development Bank Intl Invt's current Cash Flow from Operations (TTM) was -14.97.
==> 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.
China Development Bank Intl Invt's return on assets of this year was -0.0636906. China Development Bank Intl Invt's return on assets of last year was -0.1291993.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
China Development Bank Intl Invt's gearing of this year was 0.00950945. China Development Bank Intl Invt's gearing of last year was 0.017657.
==> 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
* Note that for banks and insurance companies, there's no Total Current Assets and Total Current Liabilities reported. Thus, we use Total Assets and Total Liabilities to calculate current ratio for banks and insurance companies.
China Development Bank Intl Invt's current ratio of this year was 63.1376705. China Development Bank Intl Invt's current ratio of last year was 43.82630423.
==> 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.
China Development Bank Intl Invt's number of shares in issue this year was 2902.215. China Development Bank Intl Invt's number of shares in issue last year was 2902.215.
==> 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.
* Note that for banks and insurance companies, there's no Gross Profit reported. Thus, we use net income instead of gross profit and calculate Net Margin for this score.
China Development Bank Intl Invt's net margin of this year was 1.67867043. China Development Bank Intl Invt's net margin of last year was 1.12226925.
==> This year's net 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
China Development Bank Intl Invt's asset turnover of this year was -0.0379411. China Development Bank Intl Invt's asset turnover of last year was -0.11512326.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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7
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
China Development Bank Intl Invt has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
China Development Bank Intl Invt (HKSE:1062) 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 China Development Bank Intl Invt and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, China Development Bank Intl Invt's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, China Development Bank Intl Invt ranks #113 out of 1596 companies in the Asset Management industry, placing it in the top 7.1%.
Is China Development Bank Intl Invt's Piotroski F-Score too high?
China Development Bank Intl Invt's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Asset Management industry median Piotroski F-Score is 5.00. China Development Bank Intl Invt's value of 7 is 40% above this industry median. Based on the distribution chart, China Development Bank Intl Invt ranks #113 out of 1596 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers.
How does China Development Bank Intl Invt's Piotroski F-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, China Development Bank Intl Invt ranks #113 out of 1596 companies for Piotroski F-Score. This places China Development Bank Intl Invt in the top 7% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. China Development Bank Intl Invt's value of 7 is 40% above this benchmark. Historically, China Development Bank Intl Invt's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, China Development Bank Intl Invt 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 an Asset Management company?
The median Piotroski F-Score among Asset Management companies is 5.00, based on 1,596 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. China Development Bank Intl Invt'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 China Development Bank Intl Invt and its competitors. For the Asset Management 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. China Development Bank Intl Invt's current Piotroski F-Score is 7, which is 17% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Development Bank Intl Invt stock overvalued right now?
China Development Bank Intl Invt (HKSE:1062) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Asset Management 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 China Development Bank Intl Invt (HKSE:1062), 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.
China Development Bank Intl Invt Ltd is an investment company. The company's goal is to achieve medium- to long-term capital appreciation of its assets, principally through investments in private equity businesses globally. The company's revenue was all derived from the operation, which is located in Hong Kong.
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