Jiangsu Expressway CoJEXYF 84 Piotroski F-Score is 5 as of Jun. 25, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates JEXYF with a GF Score™ of 84/100 and a GF Value™ of $1.61 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,734 Construction companies, Jiangsu Expressway Co ranks better than 52.77% 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
Jiangsu Expressway Co 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 Jiangsu Expressway Co's Piotroski F-Score or its related term are showing as below:
JEXYF'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 8
Current: 5
During the past 13 years, the highest Piotroski F-Score of Jiangsu Expressway Co was 8. The lowest was 4. And the median was 6.
Jiangsu Expressway Co (OTCPK:JEXYF) 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.
Jiangsu Expressway Co Piotroski F-Score Related Terms
Jiangsu Expressway Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Jiangsu Expressway Co'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.
Jiangsu Expressway Co Piotroski F-Score Competitor Comparison
For the Infrastructure Operations subindustry, Jiangsu Expressway Co'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.
Jiangsu Expressway Co Piotroski F-Score vs Construction Industry
For the Construction industry and Industrials sector, Jiangsu Expressway Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Jiangsu Expressway Co'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 (Mar26) TTM:
Last Year (Mar25) TTM:
Net Income was 168.934 + 198.389 + 107.446 + 198.19 = $673 Mil. Cash Flow from Operations was 217.831 + 302.621 + 188.637 + 248.922 = $958 Mil. Revenue was 644.003 + 501.952 + 1037.571 + 656.92 = $2,840 Mil. Gross Profit was 203.556 + 270.313 + 149.954 + 240.414 = $864 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(12619.807 + 13388.404 + 13034.664 + 13685.397 + 14506.25) / 5 = $13446.9044 Mil. Total Assets at the begining of this year (Mar25) was $12,620 Mil. Long-Term Debt & Capital Lease Obligation was $4,145 Mil. Total Current Assets was $1,239 Mil. Total Current Liabilities was $1,420 Mil.
Net Income was 206.988 + 193.786 + 113.586 + 167.032 = $681 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.
Jiangsu Expressway Co's current Net Income (TTM) was 673.
==> 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.
Jiangsu Expressway Co's return on assets of this year was 0.05332562. Jiangsu Expressway Co's return on assets of last year was 0.06025581.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Jiangsu Expressway Co's gearing of this year was 0.30822417. Jiangsu Expressway Co's gearing of last year was 0.26670667.
==> Last year is lower than this year ==> Score 0.
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
Jiangsu Expressway Co's current ratio of this year was 0.87220273. Jiangsu Expressway Co's current ratio of last year was 0.61521482.
==> 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.
Jiangsu Expressway Co's number of shares in issue this year was 5038.532. Jiangsu Expressway Co's number of shares in issue last year was 5036.881.
==> 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.
Jiangsu Expressway Co's gross margin of this year was 0.30426102. Jiangsu Expressway Co's gross margin of last year was 0.25058681.
==> 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
Jiangsu Expressway Co's asset turnover of this year was 0.2250784. Jiangsu Expressway Co's asset turnover of last year was 0.29962497.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Jiangsu Expressway Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Jiangsu Expressway Co (JEXYF) has a Piotroski F-Score of 5 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Jiangsu Expressway Co and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Jiangsu Expressway Co's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Jiangsu Expressway Co ranks #819 out of 1734 companies in the Construction industry, placing it in the top 47.2%.
Is Jiangsu Expressway Co's Piotroski F-Score too high?
Jiangsu Expressway Co's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Construction industry median Piotroski F-Score is 5.00. Jiangsu Expressway Co's value of 5 is 0% at this industry median. Based on the distribution chart, Jiangsu Expressway Co ranks #819 out of 1734 companies in the Construction industry, which is above the industry midpoint. Overall, Jiangsu Expressway Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Expressway Co's Piotroski F-Score compare to competitors?
According to the Construction industry distribution chart, Jiangsu Expressway Co ranks #819 out of 1734 companies for Piotroski F-Score. This puts Jiangsu Expressway Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Jiangsu Expressway Co's value of 5 is 0% at this benchmark. Historically, Jiangsu Expressway Co's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Jiangsu Expressway Co 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,734 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. Jiangsu Expressway Co'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 Jiangsu Expressway Co and its competitors. For the Construction 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. Jiangsu Expressway Co's current Piotroski F-Score is 5, which is 17% below 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 Jiangsu Expressway Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Expressway Co (JEXYF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.61, compared to a current price of $1.40 — trading 13% below its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Construction industry median of 5.00. Jiangsu Expressway Co's overall GF Score™ is 84/100 with 6 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 Jiangsu Expressway Co (JEXYF), the current Piotroski F-Score is 5 as of Jun. 25, 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 Jiangsu Expressway Co (JEXYF) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Expressway Co stock appears to be undervalued.
The current stock price of $1.40 is trading 13% below its estimated GF Value™ of $1.61.
GuruFocus considers Jiangsu Expressway Co to be Modestly Undervalued.
Key valuation signals for JEXYF:
Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
GF Value™: $1.61 vs. price of $1.40 (13% below fair value)
Industry Position: 0% at the Construction median (#819 of 1734)
No single metric tells the full story. See the JEXYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Expressway Co Ltd is principally engaged in the investment, construction, operation and management of toll roads and bridges in Jiangsu Province and the development of service areas along expressways. It operates through the following segments: Shanghai-Nanjing Expressway, Ningchang Expressway and Zhenli Expressway, Guangjing Expressway and Xicheng Expressway, Xiyi Expressway and Wuxi Huantaihu Expressway, Zhendan Expressway, Wufengshan Bridge, Changyi Expressway, Yichang Expressway, Longtan Bridge, Xitai Expressway, Danjin Expressway, ancillary services (including petrol, food and retail in service zones along the expressways), real estate development, sales of electricity and advertising and others. The Shanghai-Nanjing Expressway is the maximum revenue driver.
84GF Score
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