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Zhende Medical CoSHSE:603301 -3.46%53 Piotroski F-Score is 5 as of Sep. 11, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates SHSE:603301 with a GF Score™ of 53/100 and a GF Value™ of ¥26.63 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 816 Medical Devices & Instruments companies, Zhende Medical Co ranks better than 62.62% 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
Zhende Medical Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Zhende Medical Co's Piotroski F-Score or its related term are showing as below:
SHSE:603301'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 8
Current: 5
During the past 12 years, the highest Piotroski F-Score of Zhende Medical Co was 8. The lowest was 3. And the median was 6.
Zhende Medical Co (SHSE:603301) 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.
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.
Zhende Medical Co Piotroski F-Score Related Terms
Zhende Medical Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Zhende Medical 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.
SHSE:603301 vs ISRG, BDX, RMD: Piotroski F-Score Comparison
For the Medical Instruments & Supplies subindustry, Zhende Medical 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.
Zhende Medical Co Piotroski F-Score vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Zhende Medical Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Zhende Medical Co's Piotroski F-Score falls into.
* 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.
*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.
Zhende Medical Co's current Net Income (TTM) was 277.
==> 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.
Zhende Medical Co's return on assets of this year was 0.03304485. Zhende Medical Co's return on assets of last year was 0.04513017.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Zhende Medical Co's gearing of this year was 0.04921233. Zhende Medical Co's gearing of last year was 0.04824904.
==> 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
Zhende Medical Co's current ratio of this year was 1.65884219. Zhende Medical Co's current ratio of last year was 1.77463184.
==> 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.
Zhende Medical Co's number of shares in issue this year was 260.274. Zhende Medical Co's number of shares in issue last year was 262.657.
==> 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.
Zhende Medical Co's gross margin of this year was 0.34127973. Zhende Medical Co's gross margin of last year was 0.33443769.
==> 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
Zhende Medical Co's asset turnover of this year was 0.53160062. Zhende Medical Co's asset turnover of last year was 0.55435914.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Zhende Medical Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Zhende Medical Co (SHSE:603301) has a Piotroski F-Score of 5 as of Sep. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Zhende Medical Co and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Zhende Medical Co's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Zhende Medical Co ranks #305 out of 816 companies in the Medical Devices & Instruments industry, placing it in the top 37.4%.
Is Zhende Medical Co's Piotroski F-Score too high?
Zhende Medical Co's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Medical Devices & Instruments industry median Piotroski F-Score is 5.00. Zhende Medical Co's value of 5 is 0% at this industry median. Based on the distribution chart, Zhende Medical Co ranks #305 out of 816 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Zhende Medical Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhende Medical Co's Piotroski F-Score compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Zhende Medical Co ranks #305 out of 816 companies for Piotroski F-Score. This puts Zhende Medical Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Zhende Medical Co's value of 5 is 0% at this benchmark. Historically, Zhende Medical Co's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Zhende Medical Co has consistently been at 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 Medical Devices & Instruments company?
The median Piotroski F-Score among Medical Devices & Instruments companies is 5.00, based on 816 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. Zhende Medical Co's current Piotroski F-Score of 5 is 0% at 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 Zhende Medical Co and its competitors. For the Medical Devices & Instruments 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. Zhende Medical Co's current Piotroski F-Score is 5, which is 17% below 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 Zhende Medical Co stock overvalued right now?
Based on GuruFocus' analysis, Zhende Medical Co (SHSE:603301) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥26.63, compared to a current price of ¥81.24 — trading 205.1% above its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Medical Devices & Instruments industry median of 5.00. Zhende Medical Co's overall GF Score™ is 53/100 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 Zhende Medical Co (SHSE:603301), the current Piotroski F-Score is 5 as of Sep. 11, 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 Zhende Medical Co (SHSE:603301) Overvalued in 2026?
Based on GuruFocus' analysis, Zhende Medical Co stock appears to be overvalued.
The current stock price of ¥81.24 is trading 205.1% above its estimated GF Value™ of ¥26.63.
GuruFocus considers Zhende Medical Co to be Significantly Overvalued.
Key valuation signals for SHSE:603301:
Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
GF Value™: ¥26.63 vs. price of ¥81.24 (205.1% above fair value)
Industry Position: 0% at the Medical Devices & Instruments median (#305 of 816)
No single metric tells the full story. See the SHSE:603301 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhende Medical Co Ltd operates as a supplier of medical care and protection in China. The company is engaged in the production and sales of medical dressings. Its product categories are basic medical dressings, operating room sensory control, pressure therapy and fixation, stoma and chronic wounds, Isolation protection, and personal protection.
53GF Score
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