Tianjin Port Holding Co (SHSE:600717) Piotroski F-Score: 8 (As of Aug. 10, 2026) — 33% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600717 Tianjin Port Holding Co Ltd SHSE:600717
68 GF Score
Price ¥4.24
GF Value ¥4.75
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Tianjin Port Holding Co Piotroski F-Score?

Tianjin Port Holding Co SHSE:600717 +0.24% 68 Piotroski F-Score is 8 as of Aug. 10, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates SHSE:600717 with a GF Score™ of 68/100 and a GF Value™ of ¥4.75 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 980 Transportation companies, Tianjin Port Holding Co ranks better than 97.04% 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

Tianjin Port Holding 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 Tianjin Port Holding Co's Piotroski F-Score or its related term are showing as below:

SHSE:600717' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of Tianjin Port Holding Co was 9. The lowest was 4. And the median was 6.

Tianjin Port Holding Co  (SHSE:600717) 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.


Tianjin Port Holding Co Piotroski F-Score Related Terms


Tianjin Port Holding Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Tianjin Port Holding 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.

Tianjin Port Holding Co Piotroski F-Score Chart

Tianjin Port Holding 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 8.00 6.00 8.00 6.00 7.00

Tianjin Port Holding 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 8.00 6.00 7.00 7.00 8.00

Tianjin Port Holding Co Piotroski F-Score Competitor Comparison

For the Marine Shipping subindustry, Tianjin Port Holding 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.


Tianjin Port Holding Co Piotroski F-Score vs Transportation Industry

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

* The bar in red indicates where Tianjin Port Holding Co's Piotroski F-Score falls into.


SHSE:600717
68GF Score
Tianjin Port Holding Co Ltd SHSE:600717
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 228.107 + 276.627 + 200.786 + 353.012 = ¥1,059 Mil.
Cash Flow from Operations was 701.74 + 565.785 + 848.296 + 378.869 = ¥2,495 Mil.
Revenue was 3163.993 + 3193.565 + 3420.044 + 2631.96 = ¥12,410 Mil.
Gross Profit was 867.649 + 860.52 + 978.652 + 1024.885 = ¥3,732 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(35847.744 + 36476.136 + 36318.816 + 35760.471 + 35935.356) / 5 = ¥36067.7046 Mil.
Total Assets at the begining of this year (Mar25) was ¥35,848 Mil.
Long-Term Debt & Capital Lease Obligation was ¥2,535 Mil.
Total Current Assets was ¥7,736 Mil.
Total Current Liabilities was ¥5,378 Mil.
Net Income was 310.684 + 276.633 + 100.77 + 275.178 = ¥963 Mil.

Revenue was 3133.955 + 3060.131 + 3088.284 + 3014.077 = ¥12,296 Mil.
Gross Profit was 897.838 + 881.427 + 838.532 + 851.916 = ¥3,470 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(35592.744 + 35711.083 + 36027.412 + 36018.513 + 35847.744) / 5 = ¥35839.4992 Mil.
Total Assets at the begining of last year (Mar24) was ¥35,593 Mil.
Long-Term Debt & Capital Lease Obligation was ¥2,836 Mil.
Total Current Assets was ¥7,804 Mil.
Total Current Liabilities was ¥5,510 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.

Tianjin Port Holding Co's current Net Income (TTM) was 1,059. ==> 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.

Tianjin Port Holding Co's current Cash Flow from Operations (TTM) was 2,495. ==> 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)
=1058.532/35847.744
=0.02952855

ROA (Last Year)=Net Income/Total Assets (Mar24)
=963.265/35592.744
=0.02706352

Tianjin Port Holding Co's return on assets of this year was 0.02952855. Tianjin Port Holding Co's return on assets of last year was 0.02706352. ==> 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.

Tianjin Port Holding Co's current Net Income (TTM) was 1,059. Tianjin Port Holding Co's current Cash Flow from Operations (TTM) was 2,495. ==> 2,495 > 1,059 ==> 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
=2534.709/36067.7046
=0.07027642

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=2835.938/35839.4992
=0.07912884

Tianjin Port Holding Co's gearing of this year was 0.07027642. Tianjin Port Holding Co's gearing of last year was 0.07912884. ==> 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
=7736.305/5377.515
=1.43863941

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=7804.295/5510.149
=1.41634918

Tianjin Port Holding Co's current ratio of this year was 1.43863941. Tianjin Port Holding Co's current ratio of last year was 1.41634918. ==> This year's current ratio is higher. ==> Score 1.

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.

Tianjin Port Holding Co's number of shares in issue this year was 2941.766. Tianjin Port Holding Co's number of shares in issue last year was 2751.777. ==> 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
=3731.706/12409.562
=0.30071214

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3469.713/12296.447
=0.282172

Tianjin Port Holding Co's gross margin of this year was 0.30071214. Tianjin Port Holding Co's gross margin of last year was 0.282172. ==> 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)
=12409.562/35847.744
=0.34617414

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=12296.447/35592.744
=0.34547623

Tianjin Port Holding Co's asset turnover of this year was 0.34617414. Tianjin Port Holding Co's asset turnover of last year was 0.34547623. ==> 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+1+0+1+1
=8

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

Tianjin Port Holding 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?
Tianjin Port Holding Co (SHSE:600717) has a Piotroski F-Score of 8 as of Aug. 10, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Tianjin Port Holding Co and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Tianjin Port Holding Co's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Tianjin Port Holding Co ranks #29 out of 980 companies in the Transportation industry, placing it in the top 3%.
Is Tianjin Port Holding Co's Piotroski F-Score too high?
Tianjin Port Holding Co's current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Transportation industry median Piotroski F-Score is 6.00. Tianjin Port Holding Co's value of 8 is 33.3% above this industry median. Based on the distribution chart, Tianjin Port Holding Co ranks #29 out of 980 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Tianjin Port Holding Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tianjin Port Holding Co's Piotroski F-Score compare to competitors?
According to the Transportation industry distribution chart, Tianjin Port Holding Co ranks #29 out of 980 companies for Piotroski F-Score. This places Tianjin Port Holding Co in the top 3% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Tianjin Port Holding Co's value of 8 is 33.3% above this benchmark. Historically, Tianjin Port Holding Co's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Tianjin Port Holding 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 980 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. Tianjin Port Holding Co's current Piotroski F-Score of 8 is 33.3% 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 Tianjin Port Holding 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. Tianjin Port Holding Co's current Piotroski F-Score is 8, which is 33% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianjin Port Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Tianjin Port Holding Co (SHSE:600717) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.75, compared to a current price of ¥4.24 — trading 10.7% below its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 33.3% above the Transportation industry median of 6.00. Tianjin Port Holding Co's overall GF Score™ is 68/100 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 Tianjin Port Holding Co (SHSE:600717), the current Piotroski F-Score is 8 as of Aug. 10, 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 Tianjin Port Holding Co (SHSE:600717) Overvalued in 2026?

Based on GuruFocus' analysis, Tianjin Port Holding Co stock appears to be undervalued. The current stock price of ¥4.24 is trading 10.7% below its estimated GF Value™ of ¥4.75. GuruFocus considers Tianjin Port Holding Co to be Modestly Undervalued.

Key valuation signals for SHSE:600717:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: ¥4.75 vs. price of ¥4.24 (10.7% below fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 33.3% above the Transportation median (#29 of 980)

No single metric tells the full story. See the SHSE:600717 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tianjin Port Holding Co Business Description

Address Tongda Square No. 1 District A, Tianjin Free Trade Zone, Tianjin, Tianjin, CHN, 300461
Tianjin Port Holding Co Ltd is engaged in the shipping industry.
68GF Score

Get the complete analysis for SHSE:600717

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

¥4.24
Price
¥4.75
GF Value