Yu-Chen System Technology (ROCO:7813) Piotroski F-Score: 6 (As of Jul. 03, 2026) — 14% Below Median


ROCO:7813 Yu-Chen System Technology Corp ROCO:7813
17 GF Score
Price NT$121.50
! 4 Warning Signs
View Full Analysis

What is Yu-Chen System Technology Piotroski F-Score?

Yu-Chen System Technology ROCO:7813 +0.41% 17 Piotroski F-Score is 6 as of Jul. 03, 2026, which is 14% below its 10-year median of 7.00. GuruFocus rates ROCO:7813 with a GF Score™ of 17/100. The stock has 4 warning signs investors should review. Among 2,742 Software companies, Yu-Chen System Technology ranks better than 78.74% 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

Yu-Chen System Technology has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Yu-Chen System Technology's Piotroski F-Score or its related term are showing as below:

ROCO:7813' s Piotroski F-Score Range Over the Past 10 Years
Min: 6   Med: 7   Max: 7
Current: 6

During the past 4 years, the highest Piotroski F-Score of Yu-Chen System Technology was 7. The lowest was 6. And the median was 7.

Yu-Chen System Technology  (ROCO:7813) 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.


Yu-Chen System Technology Piotroski F-Score Related Terms


Yu-Chen System Technology Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Yu-Chen System Technology'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.

Yu-Chen System Technology Piotroski F-Score Chart

Yu-Chen System Technology Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 7.00 6.00

Yu-Chen System Technology Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial N/A 0.00 7.00 0.00 6.00

ROCO:7813 vs UBER, SHOP, CRM: Piotroski F-Score Comparison

For the Software - Application subindustry, Yu-Chen System Technology'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.


Yu-Chen System Technology Piotroski F-Score vs Software Industry

For the Software industry and Technology sector, Yu-Chen System Technology's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Yu-Chen System Technology's Piotroski F-Score falls into.


ROCO:7813
17GF Score
Yu-Chen System Technology Corp ROCO:7813
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 NT$5 Mil.
Cash Flow from Operations was NT$80 Mil.
Revenue was NT$1,953 Mil.
Gross Profit was NT$414 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (1802.734 + 2027.808) / 2 = NT$1915.271 Mil.
Total Assets at the begining of this year (Dec24) was NT$1,803 Mil.
Long-Term Debt & Capital Lease Obligation was NT$38 Mil.
Total Current Assets was NT$1,591 Mil.
Total Current Liabilities was NT$777 Mil.
Net Income was NT$45 Mil.

Revenue was NT$1,757 Mil.
Gross Profit was NT$371 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (1710.29 + 1802.734) / 2 = NT$1756.512 Mil.
Total Assets at the begining of last year (Dec23) was NT$1,710 Mil.
Long-Term Debt & Capital Lease Obligation was NT$46 Mil.
Total Current Assets was NT$1,463 Mil.
Total Current Liabilities was NT$640 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.

Yu-Chen System Technology's current Net Income (TTM) was 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.

Yu-Chen System Technology's current Cash Flow from Operations (TTM) was 80. ==> 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 (Dec24)
=5.212/1802.734
=0.00289116

ROA (Last Year)=Net Income/Total Assets (Dec23)
=44.554/1710.29
=0.02605055

Yu-Chen System Technology's return on assets of this year was 0.00289116. Yu-Chen System Technology's return on assets of last year was 0.02605055. ==> 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.

Yu-Chen System Technology's current Net Income (TTM) was 5. Yu-Chen System Technology's current Cash Flow from Operations (TTM) was 80. ==> 80 > 5 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=38.338/1915.271
=0.02001701

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=46.413/1756.512
=0.02642339

Yu-Chen System Technology's gearing of this year was 0.02001701. Yu-Chen System Technology's gearing of last year was 0.02642339. ==> 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
=1590.983/777.469
=2.04636198

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=1462.956/639.958
=2.28601877

Yu-Chen System Technology's current ratio of this year was 2.04636198. Yu-Chen System Technology's current ratio of last year was 2.28601877. ==> 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.

Yu-Chen System Technology's number of shares in issue this year was 19.403. Yu-Chen System Technology's number of shares in issue last year was 17.803. ==> 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
=414.278/1952.523
=0.21217573

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=370.607/1756.952
=0.21093746

Yu-Chen System Technology's gross margin of this year was 0.21217573. Yu-Chen System Technology's gross margin of last year was 0.21093746. ==> 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)
=1952.523/1802.734
=1.08308991

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=1756.952/1710.29
=1.02728309

Yu-Chen System Technology's asset turnover of this year was 1.08308991. Yu-Chen System Technology's asset turnover of last year was 1.02728309. ==> 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+0+0+1+1
=6

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

Yu-Chen System Technology has an F-score of 6 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 6 mean?
Yu-Chen System Technology (ROCO:7813) has a Piotroski F-Score of 6 as of Jul. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Yu-Chen System Technology and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, Yu-Chen System Technology's Piotroski F-Score has ranged from 6.00 to 7.00. According to the industry distribution chart, Yu-Chen System Technology ranks #583 out of 2742 companies in the Software industry, placing it in the top 21.3%.
Is Yu-Chen System Technology's Piotroski F-Score too high?
Yu-Chen System Technology's current Piotroski F-Score of 6 is 14% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 7.00. The Software industry median Piotroski F-Score is 5.00. Yu-Chen System Technology's value of 6 is 20% above this industry median. Based on the distribution chart, Yu-Chen System Technology ranks #583 out of 2742 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Yu-Chen System Technology has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Yu-Chen System Technology's Piotroski F-Score compare to UBER and SHOP?
According to the Software industry distribution chart, Yu-Chen System Technology ranks #583 out of 2742 companies for Piotroski F-Score. This places Yu-Chen System Technology in the top 21% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Yu-Chen System Technology's value of 6 is 20% above this benchmark. Historically, Yu-Chen System Technology's own Piotroski F-Score has ranged from 6.00 to 7.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Yu-Chen System Technology 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 a Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,742 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. Yu-Chen System Technology's current Piotroski F-Score of 6 is 20% 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 Yu-Chen System Technology and its competitors. For the Software 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. Yu-Chen System Technology's current Piotroski F-Score is 6, which is 14% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yu-Chen System Technology stock overvalued right now?
Yu-Chen System Technology (ROCO:7813) has a current Piotroski F-Score of 6. The current Piotroski F-Score is 6, which is 14% below median its 10-year median of 7.00 and 20% above the Software industry median of 5.00. Yu-Chen System Technology's overall GF Score™ is 17/100 with 4 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 Yu-Chen System Technology (ROCO:7813), the current Piotroski F-Score is 6 as of Jul. 03, 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.

Yu-Chen System Technology Business Description

Address Lane. 91, Dongmei Road, 4 Floor, No. 5, Hsinchu, TWN
Yu-Chen System Technology Corp is engaged in providing services to customers. The company focuses on providing intelligent software solutions to understand customer needs, develops more humane operations, and provides complete and convenient system integration and solutions. The company's products and services include smart monitoring, Vial acid management, factory management, energy management, and others.
17GF Score

Get the complete analysis for ROCO:7813

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

NT$121.50
Price