Shanghai Yatong Co (SHSE:600692) Piotroski F-Score: 7 (As of Jul. 14, 2026) — 40% Above Median

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SHSE:600692 Shanghai Yatong Co Ltd SHSE:600692
53 GF Score
Price ¥5.63
GF Value ¥8.92
Valuation Possible Value Trap
! 5 Warning Signs
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What is Shanghai Yatong Co Piotroski F-Score?

Shanghai Yatong Co SHSE:600692 +5.43% 53 Piotroski F-Score is 7 as of Jul. 14, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates SHSE:600692 with a GF Score™ of 53/100 and a GF Value™ of ¥8.92 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 978 Transportation companies, Shanghai Yatong Co ranks better than 86.91% on this metric.

Good Sign:

Piotroski F-Score is 7, 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

Shanghai Yatong Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

SHSE:600692' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 7
Current: 7

During the past 13 years, the highest Piotroski F-Score of Shanghai Yatong Co was 7. The lowest was 2. And the median was 5.

Shanghai Yatong Co  (SHSE:600692) 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.


Shanghai Yatong Co Piotroski F-Score Related Terms


Shanghai Yatong Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Shanghai Yatong 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.

Shanghai Yatong Co Piotroski F-Score Chart

Shanghai Yatong 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 3.00 2.00 2.00 6.00 6.00

Shanghai Yatong 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 3.00 5.00 4.00 6.00 7.00

Shanghai Yatong Co Piotroski F-Score Competitor Comparison

For the Marine Shipping subindustry, Shanghai Yatong 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.


Shanghai Yatong Co Piotroski F-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Shanghai Yatong Co's Piotroski F-Score distribution charts can be found below:

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


SHSE:600692
53GF Score
Shanghai Yatong Co Ltd SHSE:600692
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 0.34 + -5.937 + 30.645 + 1.75 = ¥27 Mil.
Cash Flow from Operations was -332.221 + 583.607 + 355.392 + -218.926 = ¥388 Mil.
Revenue was 132.159 + 76.909 + 1096.397 + 258.482 = ¥1,564 Mil.
Gross Profit was 22.587 + 7.063 + 89.347 + 25.036 = ¥144 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(5021.061 + 5055.085 + 5740.191 + 5428.487 + 4766.387) / 5 = ¥5202.2422 Mil.
Total Assets at the begining of this year (Mar25) was ¥5,021 Mil.
Long-Term Debt & Capital Lease Obligation was ¥218 Mil.
Total Current Assets was ¥3,865 Mil.
Total Current Liabilities was ¥3,279 Mil.
Net Income was 13.08 + -8.611 + 1.866 + -10.655 = ¥-4 Mil.

Revenue was 138.979 + 184.586 + 207.549 + 79.943 = ¥611 Mil.
Gross Profit was 8.548 + 4.872 + 19.779 + 4.897 = ¥38 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(3855.814 + 4033.217 + 4213.114 + 5187.487 + 5021.061) / 5 = ¥4462.1386 Mil.
Total Assets at the begining of last year (Mar24) was ¥3,856 Mil.
Long-Term Debt & Capital Lease Obligation was ¥92 Mil.
Total Current Assets was ¥4,267 Mil.
Total Current Liabilities was ¥3,501 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.

Shanghai Yatong Co's current Net Income (TTM) was 27. ==> 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.

Shanghai Yatong Co's current Cash Flow from Operations (TTM) was 388. ==> 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)
=26.798/5021.061
=0.00533712

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-4.32/3855.814
=-0.00112039

Shanghai Yatong Co's return on assets of this year was 0.00533712. Shanghai Yatong Co's return on assets of last year was -0.00112039. ==> 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.

Shanghai Yatong Co's current Net Income (TTM) was 27. Shanghai Yatong Co's current Cash Flow from Operations (TTM) was 388. ==> 388 > 27 ==> 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
=218.302/5202.2422
=0.04196306

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=92.219/4462.1386
=0.020667

Shanghai Yatong Co's gearing of this year was 0.04196306. Shanghai Yatong Co's gearing of last year was 0.020667. ==> 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

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=3864.98/3279.212
=1.17863072

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=4266.566/3500.518
=1.21883847

Shanghai Yatong Co's current ratio of this year was 1.17863072. Shanghai Yatong Co's current ratio of last year was 1.21883847. ==> 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.

Shanghai Yatong Co's number of shares in issue this year was 350.036. Shanghai Yatong Co's number of shares in issue last year was 351.666. ==> 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
=144.033/1563.947
=0.09209583

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=38.096/611.057
=0.06234443

Shanghai Yatong Co's gross margin of this year was 0.09209583. Shanghai Yatong Co's gross margin of last year was 0.06234443. ==> 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)
=1563.947/5021.061
=0.31147739

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=611.057/3855.814
=0.15847678

Shanghai Yatong Co's asset turnover of this year was 0.31147739. Shanghai Yatong Co's asset turnover of last year was 0.15847678. ==> 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+0+0+1+1+1
=7

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

Shanghai Yatong Co has an F-score of 7. 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 7 mean?
Shanghai Yatong Co (SHSE:600692) has a Piotroski F-Score of 7 as of Jul. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Shanghai Yatong Co and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Shanghai Yatong Co's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Shanghai Yatong Co ranks #128 out of 978 companies in the Transportation industry, placing it in the top 13.1%.
Is Shanghai Yatong Co's Piotroski F-Score too high?
Shanghai Yatong Co's current Piotroski F-Score of 7 is 40% 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 7.00. The Transportation industry median Piotroski F-Score is 6.00. Shanghai Yatong Co's value of 7 is 16.7% above this industry median. Based on the distribution chart, Shanghai Yatong Co ranks #128 out of 978 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Yatong Co has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shanghai Yatong Co's Piotroski F-Score compare to competitors?
According to the Transportation industry distribution chart, Shanghai Yatong Co ranks #128 out of 978 companies for Piotroski F-Score. This places Shanghai Yatong Co in the top 13% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Shanghai Yatong Co's value of 7 is 16.7% above this benchmark. Historically, Shanghai Yatong Co's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 6.00, Shanghai Yatong 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 Transportation company?
The median Piotroski F-Score among Transportation companies is 6.00, based on 978 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. Shanghai Yatong Co's current Piotroski F-Score of 7 is 16.7% 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 Shanghai Yatong Co and its competitors. For the Transportation industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Yatong Co's current Piotroski F-Score is 7, which is 40% 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 Shanghai Yatong Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Yatong Co (SHSE:600692) is currently considered Possible Value Trap. The stock's GF Value™ is ¥8.92, compared to a current price of ¥5.63 — trading 36.9% below its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 16.7% above the Transportation industry median of 6.00. Shanghai Yatong Co's overall GF Score™ is 53/100 with 5 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 Shanghai Yatong Co (SHSE:600692), the current Piotroski F-Score is 7 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 Shanghai Yatong Co (SHSE:600692) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Yatong Co stock appears to be undervalued. The current stock price of ¥5.63 is trading 36.9% below its estimated GF Value™ of ¥8.92. GuruFocus considers Shanghai Yatong Co to be Possible Value Trap.

Key valuation signals for SHSE:600692:

  • Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
  • GF Value™: ¥8.92 vs. price of ¥5.63 (36.9% below fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 16.7% above the Transportation median (#128 of 978)

No single metric tells the full story. See the SHSE:600692 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Yatong Co Business Description

Address No. 1, Lane 780, Lvhai Road, Chengqiao Town, Chongming District, Shanghai, CHN, 202155
Shanghai Yatong Co Ltd is engaged in real estate development, communication network construction and maintenance, steel trade, concrete production and sales, and the construction and operation of photovoltaic power stations. Its real estate business focuses on commercial and affordable housing, with all commercial projects located in the Chongming District. The communication engineering segment serves telecom and tower companies. The steel trade follows an order-based purchase and sales model. The new energy segment focuses on building and operating solar and wind power stations. The company generates key revenue from the commodity sales such as steel and concrete.
53GF Score

Get the complete analysis for SHSE:600692

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

¥5.63
Price
¥8.92
GF Value