Fujian Haiqin Energy Group Co (SHSE:600753) Piotroski F-Score: 7 (As of Jul. 02, 2026) — 40% Above Median


SHSE:600753 Fujian Haiqin Energy Group Co Ltd SHSE:600753
45 GF Score
Price ¥11.41
GF Value ¥19.28
Valuation Possible Value Trap
! 4 Warning Signs
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What is Fujian Haiqin Energy Group Co Piotroski F-Score?

Fujian Haiqin Energy Group Co SHSE:600753 +4.97% 45 Piotroski F-Score is 7 as of Jul. 02, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates SHSE:600753 with a GF Score™ of 45/100 and a GF Value™ of ¥19.28 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 621 Steel companies, Fujian Haiqin Energy Group Co ranks better than 91.47% 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

Fujian Haiqin Energy Group 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 Fujian Haiqin Energy Group Co's Piotroski F-Score or its related term are showing as below:

SHSE:600753' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 5   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Fujian Haiqin Energy Group Co was 8. The lowest was 1. And the median was 5.

Fujian Haiqin Energy Group Co  (SHSE:600753) 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.


Fujian Haiqin Energy Group Co Piotroski F-Score Related Terms


Fujian Haiqin Energy Group Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Fujian Haiqin Energy Group 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.

Fujian Haiqin Energy Group Co Piotroski F-Score Chart

Fujian Haiqin Energy Group 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 6.00 4.00 2.00 8.00

Fujian Haiqin Energy Group 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 4.00 3.00 4.00 8.00 7.00

SHSE:600753 vs HCC, AMR, METC: Piotroski F-Score Comparison

For the Coking Coal subindustry, Fujian Haiqin Energy Group 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.


Fujian Haiqin Energy Group Co Piotroski F-Score vs Steel Industry

For the Steel industry and Basic Materials sector, Fujian Haiqin Energy Group Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Fujian Haiqin Energy Group Co's Piotroski F-Score falls into.


SHSE:600753
45GF Score
Fujian Haiqin Energy Group Co Ltd SHSE:600753
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 8.834 + 18.235 + 10.553 + 22.375 = ¥60 Mil.
Cash Flow from Operations was -37.541 + -12.69 + 34.431 + 73.522 = ¥58 Mil.
Revenue was 104.05 + 351.86 + 1065.669 + 524.485 = ¥2,046 Mil.
Gross Profit was 14.36 + 23.616 + 41.315 + 29.43 = ¥109 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(216.108 + 304.222 + 280.311 + 295.857 + 294.446) / 5 = ¥278.1888 Mil.
Total Assets at the begining of this year (Mar25) was ¥216 Mil.
Long-Term Debt & Capital Lease Obligation was ¥9 Mil.
Total Current Assets was ¥149 Mil.
Total Current Liabilities was ¥150 Mil.
Net Income was -17.309 + -35.45 + -163.53 + -1.311 = ¥-218 Mil.

Revenue was 37.75 + 18.711 + 347.765 + 221.268 = ¥625 Mil.
Gross Profit was 0.962 + -1.138 + 2.993 + 2.755 = ¥6 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(398.049 + 358.526 + 295.105 + 237.905 + 216.108) / 5 = ¥301.1386 Mil.
Total Assets at the begining of last year (Mar24) was ¥398 Mil.
Long-Term Debt & Capital Lease Obligation was ¥22 Mil.
Total Current Assets was ¥116 Mil.
Total Current Liabilities was ¥195 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.

Fujian Haiqin Energy Group Co's current Net Income (TTM) was 60. ==> 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.

Fujian Haiqin Energy Group Co's current Cash Flow from Operations (TTM) was 58. ==> 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)
=59.997/216.108
=0.27762508

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-217.6/398.049
=-0.54666637

Fujian Haiqin Energy Group Co's return on assets of this year was 0.27762508. Fujian Haiqin Energy Group Co's return on assets of last year was -0.54666637. ==> 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.

Fujian Haiqin Energy Group Co's current Net Income (TTM) was 60. Fujian Haiqin Energy Group Co's current Cash Flow from Operations (TTM) was 58. ==> 58 <= 60 ==> CFROA <= ROA ==> Score 0.

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
=9.236/278.1888
=0.03320047

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=21.534/301.1386
=0.0715086

Fujian Haiqin Energy Group Co's gearing of this year was 0.03320047. Fujian Haiqin Energy Group Co's gearing of last year was 0.0715086. ==> 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
=148.805/149.984
=0.99213916

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=116.095/194.647
=0.59643868

Fujian Haiqin Energy Group Co's current ratio of this year was 0.99213916. Fujian Haiqin Energy Group Co's current ratio of last year was 0.59643868. ==> 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.

Fujian Haiqin Energy Group Co's number of shares in issue this year was 230.675. Fujian Haiqin Energy Group Co's number of shares in issue last year was 218.547. ==> 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
=108.721/2046.064
=0.05313666

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=5.572/625.494
=0.00890816

Fujian Haiqin Energy Group Co's gross margin of this year was 0.05313666. Fujian Haiqin Energy Group Co's gross margin of last year was 0.00890816. ==> 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)
=2046.064/216.108
=9.46778463

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=625.494/398.049
=1.5713995

Fujian Haiqin Energy Group Co's asset turnover of this year was 9.46778463. Fujian Haiqin Energy Group Co's asset turnover of last year was 1.5713995. ==> 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+0+1+1+0+1+1
=7

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

Fujian Haiqin Energy Group 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?
Fujian Haiqin Energy Group Co (SHSE:600753) has a Piotroski F-Score of 7 as of Jul. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Fujian Haiqin Energy Group Co and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Fujian Haiqin Energy Group Co's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Fujian Haiqin Energy Group Co ranks #53 out of 621 companies in the Steel industry, placing it in the top 8.5%.
Is Fujian Haiqin Energy Group Co's Piotroski F-Score too high?
Fujian Haiqin Energy Group 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 1.00 to a high of 8.00. The Steel industry median Piotroski F-Score is 5.00. Fujian Haiqin Energy Group Co's value of 7 is 40% above this industry median. Based on the distribution chart, Fujian Haiqin Energy Group Co ranks #53 out of 621 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Fujian Haiqin Energy Group Co has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fujian Haiqin Energy Group Co's Piotroski F-Score compare to HCC and AMR?
According to the Steel industry distribution chart, Fujian Haiqin Energy Group Co ranks #53 out of 621 companies for Piotroski F-Score. This places Fujian Haiqin Energy Group Co in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Fujian Haiqin Energy Group Co's value of 7 is 40% above this benchmark. Historically, Fujian Haiqin Energy Group Co's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Fujian Haiqin Energy Group 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 Steel company?
The median Piotroski F-Score among Steel companies is 5.00, based on 621 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. Fujian Haiqin Energy Group Co's current Piotroski F-Score of 7 is 40% 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 Fujian Haiqin Energy Group Co and its competitors. For the Steel 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. Fujian Haiqin Energy Group 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 Fujian Haiqin Energy Group Co stock overvalued right now?
Based on GuruFocus' analysis, Fujian Haiqin Energy Group Co (SHSE:600753) is currently considered Possible Value Trap. The stock's GF Value™ is ¥19.28, compared to a current price of ¥11.41 — trading 40.8% 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 40% above the Steel industry median of 5.00. Fujian Haiqin Energy Group Co's overall GF Score™ is 45/100 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 Fujian Haiqin Energy Group Co (SHSE:600753), the current Piotroski F-Score is 7 as of Jul. 02, 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 Fujian Haiqin Energy Group Co (SHSE:600753) Overvalued in 2026?

Based on GuruFocus' analysis, Fujian Haiqin Energy Group Co stock appears to be undervalued. The current stock price of ¥11.41 is trading 40.8% below its estimated GF Value™ of ¥19.28. GuruFocus considers Fujian Haiqin Energy Group Co to be Possible Value Trap.

Key valuation signals for SHSE:600753:

  • Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
  • GF Value™: ¥19.28 vs. price of ¥11.41 (40.8% below fair value)
  • GF Score™: 45/100 with 4 warning signs
  • Industry Position: 40% above the Steel median (#53 of 621)

No single metric tells the full story. See the SHSE:600753 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujian Haiqin Energy Group Co Business Description

Address No. 2, Hujiang Road, Room 306, R&D Building, No. 1, Southeast Big Data Industrial Park, Wenwusha Town, Changle District, Fujian Province, Fuzhou, CHN, 201102
Fujian Haiqin Energy Group Co Ltd is engaged in the business of the supply chain management business of bulk commodities such as coal (including coke), and promoted strategic transformation relevant work has been gradually implemented, including the investment and construction of new energy vehicle charging infrastructure, the development of charging smart platforms and charging operation services business preparations and others.
45GF Score

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

¥11.41
Price
¥19.28
GF Value