Giti Tire (SHSE:600182) Piotroski F-Score: 6 (As of Jun. 30, 2026) — 20% Above Median


SHSE:600182 Giti Tire Corp SHSE:600182
71 GF Score
Price ¥12.88
GF Value ¥16.43
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Giti Tire Piotroski F-Score?

Giti Tire SHSE:600182 +0.63% 71 Piotroski F-Score is 6 as of Jun. 30, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates SHSE:600182 with a GF Score™ of 71/100 and a GF Value™ of ¥16.43 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,286 Vehicles & Parts companies, Giti Tire ranks better than 73.41% 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

Giti Tire 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 Giti Tire's Piotroski F-Score or its related term are showing as below:

SHSE:600182' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of Giti Tire was 9. The lowest was 3. And the median was 5.

Giti Tire  (SHSE:600182) 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.


Giti Tire Piotroski F-Score Related Terms


Giti Tire Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Giti Tire'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.

Giti Tire Piotroski F-Score Chart

Giti Tire Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 5.00 7.00 4.00 6.00

Giti Tire Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.00 5.00 4.00 6.00 6.00

SHSE:600182 vs ORLY, AZO: Piotroski F-Score Comparison

For the Auto Parts subindustry, Giti Tire'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.


Giti Tire Piotroski F-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Giti Tire's Piotroski F-Score distribution charts can be found below:

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


SHSE:600182
71GF Score
Giti Tire Corp SHSE:600182
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 33.112 + 64.92 + 75.398 + 47.433 = ¥221 Mil.
Cash Flow from Operations was 195.882 + 156.08 + 110.428 + 191.49 = ¥654 Mil.
Revenue was 1161.564 + 1300.109 + 1257.386 + 1103.157 = ¥4,822 Mil.
Gross Profit was 185.079 + 283.918 + 306.346 + 222.937 = ¥998 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(4498.622 + 4529.736 + 4478.043 + 4492.497 + 4487.585) / 5 = ¥4497.2966 Mil.
Total Assets at the begining of this year (Mar25) was ¥4,499 Mil.
Long-Term Debt & Capital Lease Obligation was ¥286 Mil.
Total Current Assets was ¥3,207 Mil.
Total Current Liabilities was ¥2,033 Mil.
Net Income was 43.494 + 66.554 + 17.935 + 23.657 = ¥152 Mil.

Revenue was 1109.048 + 1241.516 + 1243.725 + 1125.696 = ¥4,720 Mil.
Gross Profit was 210.231 + 229.527 + 211.73 + 157.925 = ¥809 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(3882.91 + 4215.842 + 4360.174 + 4343.579 + 4498.622) / 5 = ¥4260.2254 Mil.
Total Assets at the begining of last year (Mar24) was ¥3,883 Mil.
Long-Term Debt & Capital Lease Obligation was ¥692 Mil.
Total Current Assets was ¥3,300 Mil.
Total Current Liabilities was ¥1,626 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.

Giti Tire's current Net Income (TTM) was 221. ==> 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.

Giti Tire's current Cash Flow from Operations (TTM) was 654. ==> 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 (Mar25)
=220.863/4498.622
=0.0490957

ROA (Last Year)=Net Income/Total Assets (Mar24)
=151.64/3882.91
=0.03905318

Giti Tire's return on assets of this year was 0.0490957. Giti Tire's return on assets of last year was 0.03905318. ==> 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.

Giti Tire's current Net Income (TTM) was 221. Giti Tire's current Cash Flow from Operations (TTM) was 654. ==> 654 > 221 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=285.65/4497.2966
=0.06351594

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=691.9/4260.2254
=0.16240925

Giti Tire's gearing of this year was 0.06351594. Giti Tire's gearing of last year was 0.16240925. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=3207.207/2032.709
=1.57779938

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=3300.385/1625.908
=2.02987192

Giti Tire's current ratio of this year was 1.57779938. Giti Tire's current ratio of last year was 2.02987192. ==> 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.

Giti Tire's number of shares in issue this year was 340.023. Giti Tire's number of shares in issue last year was 339.892. ==> 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
=998.28/4822.216
=0.20701686

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=809.413/4719.985
=0.17148635

Giti Tire's gross margin of this year was 0.20701686. Giti Tire's gross margin of last year was 0.17148635. ==> 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 (Mar25)
=4822.216/4498.622
=1.0719318

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=4719.985/3882.91
=1.21557929

Giti Tire's asset turnover of this year was 1.0719318. Giti Tire's asset turnover of last year was 1.21557929. ==> 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+1+1+1+0+0+1+0
=6

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

Giti Tire 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?
Giti Tire (SHSE:600182) has a Piotroski F-Score of 6 as of Jun. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Giti Tire and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Giti Tire's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Giti Tire ranks #342 out of 1286 companies in the Vehicles & Parts industry, placing it in the top 26.6%.
Is Giti Tire's Piotroski F-Score too high?
Giti Tire's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Vehicles & Parts industry median Piotroski F-Score is 5.00. Giti Tire's value of 6 is 20% above this industry median. Based on the distribution chart, Giti Tire ranks #342 out of 1286 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Giti Tire has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Giti Tire's Piotroski F-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Giti Tire ranks #342 out of 1286 companies for Piotroski F-Score. This puts Giti Tire in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Giti Tire's value of 6 is 20% above this benchmark. Historically, Giti Tire's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Giti Tire 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 Vehicles & Parts company?
The median Piotroski F-Score among Vehicles & Parts companies is 5.00, based on 1,286 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. Giti Tire'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 Giti Tire and its competitors. For the Vehicles & Parts 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. Giti Tire's current Piotroski F-Score is 6, which is 20% above 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 Giti Tire stock overvalued right now?
Based on GuruFocus' analysis, Giti Tire (SHSE:600182) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥16.43, compared to a current price of ¥12.88 — trading 21.6% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Vehicles & Parts industry median of 5.00. Giti Tire's overall GF Score™ is 71/100 with 3 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 Giti Tire (SHSE:600182), the current Piotroski F-Score is 6 as of Jun. 30, 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 Giti Tire (SHSE:600182) Overvalued in 2026?

Based on GuruFocus' analysis, Giti Tire stock appears to be undervalued. The current stock price of ¥12.88 is trading 21.6% below its estimated GF Value™ of ¥16.43. GuruFocus considers Giti Tire to be Modestly Undervalued.

Key valuation signals for SHSE:600182:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: ¥16.43 vs. price of ¥12.88 (21.6% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 20% above the Vehicles & Parts median (#342 of 1286)

No single metric tells the full story. See the SHSE:600182 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Giti Tire Business Description

Address No. 280-2 Linhong Road, Changning District, Shanghai, Shanghai, CHN, 200335
Giti Tire Corp is engaged in the production and sales of different types of automobile tyres.
71GF Score

Get the complete analysis for SHSE:600182

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

¥12.88
Price
¥16.43
GF Value