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Jhu Jian Catering Co (ROCO:7723) Piotroski F-Score : N/A (As of Apr. 07, 2025)


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What is Jhu Jian Catering Co Piotroski F-Score?

The zones of discrimination were as such:

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

Jhu Jian Catering Co 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 Jhu Jian Catering Co's Piotroski F-Score or its related term are showing as below:


Jhu Jian Catering Co Piotroski F-Score Historical Data

The historical data trend for Jhu Jian Catering 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.

* Premium members only.

Jhu Jian Catering Co Piotroski F-Score Chart

Jhu Jian Catering Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
N/A N/A N/A N/A

Jhu Jian Catering Co Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
Piotroski F-Score Get a 7-Day Free Trial N/A N/A N/A N/A N/A

Competitive Comparison of Jhu Jian Catering Co's Piotroski F-Score

For the Restaurants subindustry, Jhu Jian Catering 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.


Jhu Jian Catering Co's Piotroski F-Score Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Jhu Jian Catering Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Jhu Jian Catering Co's Piotroski F-Score falls into.


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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 (Dec24) TTM:Last Year (Dec23) TTM:
Net Income was NT$186 Mil.
Cash Flow from Operations was NT$572 Mil.
Revenue was NT$5,784 Mil.
Gross Profit was NT$2,649 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was (5252.345 + 4865.76) / 2 = NT$5059.0525 Mil.
Total Assets at the begining of this year (Dec23) was NT$5,252 Mil.
Long-Term Debt & Capital Lease Obligation was NT$2,071 Mil.
Total Current Assets was NT$809 Mil.
Total Current Liabilities was NT$1,376 Mil.
Net Income was NT$355 Mil.

Revenue was NT$5,763 Mil.
Gross Profit was NT$2,653 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was (3333.045 + 5252.345) / 2 = NT$4292.695 Mil.
Total Assets at the begining of last year (Dec22) was NT$3,333 Mil.
Long-Term Debt & Capital Lease Obligation was NT$2,025 Mil.
Total Current Assets was NT$1,479 Mil.
Total Current Liabilities was NT$1,563 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.

Jhu Jian Catering Co's current Net Income (TTM) was 186. ==> 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.

Jhu Jian Catering Co's current Cash Flow from Operations (TTM) was 572. ==> 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.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec23)
=185.936/5252.345
=0.03540057

ROA (Last Year)=Net Income/Total Assets (Dec22)
=355.005/3333.045
=0.10651071

Jhu Jian Catering Co's return on assets of this year was 0.03540057. Jhu Jian Catering Co's return on assets of last year was 0.10651071. ==> 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.

Jhu Jian Catering Co's current Net Income (TTM) was 186. Jhu Jian Catering Co's current Cash Flow from Operations (TTM) was 572. ==> 572 > 186 ==> 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: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=2070.743/5059.0525
=0.40931439

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=2025.032/4292.695
=0.47173908

Jhu Jian Catering Co's gearing of this year was 0.40931439. Jhu Jian Catering Co's gearing of last year was 0.47173908. ==> 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: Dec24)=Total Current Assets/Total Current Liabilities
=809.144/1375.687
=0.58817449

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=1478.771/1562.661
=0.94631593

Jhu Jian Catering Co's current ratio of this year was 0.58817449. Jhu Jian Catering Co's current ratio of last year was 0.94631593. ==> 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.

Jhu Jian Catering Co's number of shares in issue this year was 45.881. Jhu Jian Catering Co's number of shares in issue last year was 41.259. ==> 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
=2648.814/5783.701
=0.45797907

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2653.387/5762.799
=0.46043372

Jhu Jian Catering Co's gross margin of this year was 0.45797907. Jhu Jian Catering Co's gross margin of last year was 0.46043372. ==> 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 (Dec23)
=5783.701/5252.345
=1.10116548

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=5762.799/3333.045
=1.72898926

Jhu Jian Catering Co's asset turnover of this year was 1.10116548. Jhu Jian Catering Co's asset turnover of last year was 1.72898926. ==> 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
=1+1+0+1+1+0+0+0+0
=4

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

Jhu Jian Catering Co has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Jhu Jian Catering Co  (ROCO:7723) 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.


Jhu Jian Catering Co Piotroski F-Score Related Terms

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Jhu Jian Catering Co Business Description

Traded in Other Exchanges
N/A
Address
4th Floor, No. 455, Chongde 9th Road, Beitun District, Taichung, TWN
Jhu Jian Catering Co Ltd is a company that is a chain catering brand with seafood suppliers, integrating production and sales with Xinfeng Xianhui Aquatic Products to provide a fresh and high-quality seafood supply chain. they choose high-quality and complete food suppliers to provide a variety of selected ingredients that meet food safety standards, Where they combine the concept of "extracting the essence of various ingredients from hundreds of flavors to integrate the characteristics of the ingredients into soups and dishes.

Jhu Jian Catering Co Headlines

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