Xizang Tianlu Co (SHSE:600326) Piotroski F-Score: 8 (As of Jul. 14, 2026) — 60% Above Median

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SHSE:600326 Xizang Tianlu Co Ltd SHSE:600326
43 GF Score
Price ¥6.35
GF Value ¥6.10
Valuation Fairly Valued
! 6 Warning Signs
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What is Xizang Tianlu Co Piotroski F-Score?

Xizang Tianlu Co SHSE:600326 +1.28% 43 Piotroski F-Score is 8 as of Jul. 14, 2026, which is 60% above its 10-year median of 5.00. GuruFocus rates SHSE:600326 with a GF Score™ of 43/100 and a GF Value™ of ¥6.10 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,730 Construction companies, Xizang Tianlu Co ranks better than 98.21% on this metric.

Good Sign:

Piotroski F-Score is 8, 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

Xizang Tianlu Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Xizang Tianlu Co's Piotroski F-Score or its related term are showing as below:

SHSE:600326' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of Xizang Tianlu Co was 9. The lowest was 2. And the median was 5.

Xizang Tianlu Co  (SHSE:600326) 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.


Xizang Tianlu Co Piotroski F-Score Related Terms


Xizang Tianlu Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Xizang Tianlu 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.

Xizang Tianlu Co Piotroski F-Score Chart

Xizang Tianlu Co 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 2.00 2.00 4.00 5.00 5.00

Xizang Tianlu Co 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 6.00 5.00 8.00

SHSE:600326 vs PWR, FIX, EME: Piotroski F-Score Comparison

For the Engineering & Construction subindustry, Xizang Tianlu 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.


Xizang Tianlu Co Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, Xizang Tianlu Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Xizang Tianlu Co's Piotroski F-Score falls into.


SHSE:600326
43GF Score
Xizang Tianlu Co Ltd SHSE:600326
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 12.148 + 134.492 + -79.431 + -37.15 = ¥30 Mil.
Cash Flow from Operations was 353.023 + 143.831 + -44.494 + -91.851 = ¥361 Mil.
Revenue was 1070.351 + 1003.7 + 1138.294 + 360.134 = ¥3,572 Mil.
Gross Profit was 162.09 + 244.639 + 158.329 + 3.811 = ¥569 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(12117.046 + 12227.819 + 12486.942 + 12216.948 + 11559.255) / 5 = ¥12121.602 Mil.
Total Assets at the begining of this year (Mar25) was ¥12,117 Mil.
Long-Term Debt & Capital Lease Obligation was ¥817 Mil.
Total Current Assets was ¥6,101 Mil.
Total Current Liabilities was ¥4,875 Mil.
Net Income was 6.196 + 1.35 + -38.313 + -124.04 = ¥-155 Mil.

Revenue was 869.605 + 868.958 + 1093.907 + 338.632 = ¥3,171 Mil.
Gross Profit was 104.426 + 210.502 + 185.011 + 1.771 = ¥502 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(13150.041 + 13200.413 + 12880.552 + 12818.089 + 12117.046) / 5 = ¥12833.2282 Mil.
Total Assets at the begining of last year (Mar24) was ¥13,150 Mil.
Long-Term Debt & Capital Lease Obligation was ¥1,504 Mil.
Total Current Assets was ¥6,423 Mil.
Total Current Liabilities was ¥4,958 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.

Xizang Tianlu Co's current Net Income (TTM) was 30. ==> 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.

Xizang Tianlu Co's current Cash Flow from Operations (TTM) was 361. ==> 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)
=30.059/12117.046
=0.00248072

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-154.807/13150.041
=-0.01177236

Xizang Tianlu Co's return on assets of this year was 0.00248072. Xizang Tianlu Co's return on assets of last year was -0.01177236. ==> 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.

Xizang Tianlu Co's current Net Income (TTM) was 30. Xizang Tianlu Co's current Cash Flow from Operations (TTM) was 361. ==> 361 > 30 ==> 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
=816.732/12121.602
=0.06737822

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=1503.808/12833.2282
=0.1171808

Xizang Tianlu Co's gearing of this year was 0.06737822. Xizang Tianlu Co's gearing of last year was 0.1171808. ==> 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
=6100.824/4875.35
=1.25136124

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=6422.839/4957.6
=1.2955541

Xizang Tianlu Co's current ratio of this year was 1.25136124. Xizang Tianlu Co's current ratio of last year was 1.2955541. ==> 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.

Xizang Tianlu Co's number of shares in issue this year was 1238.333. Xizang Tianlu Co's number of shares in issue last year was 1378.223. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=568.869/3572.479
=0.15923649

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=501.71/3171.102
=0.15821314

Xizang Tianlu Co's gross margin of this year was 0.15923649. Xizang Tianlu Co's gross margin of last year was 0.15821314. ==> 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)
=3572.479/12117.046
=0.29483085

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=3171.102/13150.041
=0.24114769

Xizang Tianlu Co's asset turnover of this year was 0.29483085. Xizang Tianlu Co's asset turnover of last year was 0.24114769. ==> 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+1+1+1+0+1+1+1
=8

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

Xizang Tianlu Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
Xizang Tianlu Co (SHSE:600326) has a Piotroski F-Score of 8 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Xizang Tianlu Co and its competitors. This is 60% above median its historical median of 5.00. Over the past decade, Xizang Tianlu Co's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Xizang Tianlu Co ranks #31 out of 1730 companies in the Construction industry, placing it in the top 1.8%.
Is Xizang Tianlu Co's Piotroski F-Score too high?
Xizang Tianlu Co's current Piotroski F-Score of 8 is 60% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Construction industry median Piotroski F-Score is 5.00. Xizang Tianlu Co's value of 8 is 60% above this industry median. Based on the distribution chart, Xizang Tianlu Co ranks #31 out of 1730 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Xizang Tianlu Co has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Xizang Tianlu Co's Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Xizang Tianlu Co ranks #31 out of 1730 companies for Piotroski F-Score. This places Xizang Tianlu Co in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Xizang Tianlu Co's value of 8 is 60% above this benchmark. Historically, Xizang Tianlu Co's own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Xizang Tianlu Co 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,730 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. Xizang Tianlu Co's current Piotroski F-Score of 8 is 60% 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 Xizang Tianlu 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. Xizang Tianlu Co's current Piotroski F-Score is 8, which is 60% 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 Xizang Tianlu Co stock overvalued right now?
Based on GuruFocus' analysis, Xizang Tianlu Co (SHSE:600326) is currently considered Fairly Valued. The stock's GF Value™ is ¥6.10, compared to a current price of ¥6.35 — trading 4.1% above its estimated fair value. The current Piotroski F-Score is 8, which is 60% above median its 10-year median of 5.00 and 60% above the Construction industry median of 5.00. Xizang Tianlu Co's overall GF Score™ is 43/100 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 Xizang Tianlu Co (SHSE:600326), the current Piotroski F-Score is 8 as of Jul. 14, 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 Xizang Tianlu Co (SHSE:600326) Overvalued in 2026?

Based on GuruFocus' analysis, Xizang Tianlu Co stock appears to be overvalued. The current stock price of ¥6.35 is trading 4.1% above its estimated GF Value™ of ¥6.10. GuruFocus considers Xizang Tianlu Co to be Fairly Valued.

Key valuation signals for SHSE:600326:

  • Piotroski F-Score: 8 (60% above median its 10-year median of 5.00)
  • GF Value™: ¥6.10 vs. price of ¥6.35 (4.1% above fair value)
  • GF Score™: 43/100 with 6 warning signs
  • Industry Position: 60% above the Construction median (#31 of 1730)

No single metric tells the full story. See the SHSE:600326 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xizang Tianlu Co Business Description

Address No. 14 Duodi Road, Lhasa, Tibet, CHN, 850000
Xizang Tianlu Co Ltd specializes in engineering construction and cement production and sales, as well as mining industry development. It undertakes various levels of general and professional contracting, including pavement, subgrade, and housing construction. In addition to construction, the company produces and sells building materials associated with infrastructure projects, especially cement products.
43GF Score

Get the complete analysis for SHSE:600326

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

¥6.35
Price
¥6.10
GF Value