Super Telecom Co (SHSE:603322) Piotroski F-Score: 5 (As of Jul. 28, 2026) — Near Median

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SHSE:603322 Super Telecom Co Ltd SHSE:603322
58 GF Score
Price ¥26.33
GF Value ¥37.66
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Super Telecom Co Piotroski F-Score?

Super Telecom Co SHSE:603322 +0.61% 58 Piotroski F-Score is 5 as of Jul. 28, 2026, which is at its 10-year median of 5.00. GuruFocus rates SHSE:603322 with a GF Score™ of 58/100 and a GF Value™ of ¥37.66 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,427 Hardware companies, Super Telecom Co ranks better than 59.13% 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

Super Telecom 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 Super Telecom Co's Piotroski F-Score or its related term are showing as below:

SHSE:603322' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 7
Current: 5

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

Super Telecom Co  (SHSE:603322) 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.


Super Telecom Co Piotroski F-Score Related Terms


Super Telecom Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Super Telecom 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.

Super Telecom Co Piotroski F-Score Chart

Super Telecom 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 7.00 6.00 2.00 6.00

Super Telecom 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 3.00 4.00 6.00 5.00

SHSE:603322 vs CSCO, MSI, HPE: Piotroski F-Score Comparison

For the Communication Equipment subindustry, Super Telecom 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.


Super Telecom Co Piotroski F-Score vs Hardware Industry

For the Hardware industry and Technology sector, Super Telecom Co's Piotroski F-Score distribution charts can be found below:

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


SHSE:603322
58GF Score
Super Telecom Co Ltd SHSE:603322
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 22.016 + -12.216 + -95.541 + 41.664 = ¥-44 Mil.
Cash Flow from Operations was -32.841 + 17.089 + 171.224 + -54.284 = ¥101 Mil.
Revenue was 1344.366 + 167.595 + 543.126 + 235.371 = ¥2,290 Mil.
Gross Profit was 33.706 + 15.643 + 65.968 + 82.126 = ¥197 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(3117.542 + 2339.856 + 2230.383 + 2275.29 + 2287.449) / 5 = ¥2450.104 Mil.
Total Assets at the begining of this year (Mar25) was ¥3,118 Mil.
Long-Term Debt & Capital Lease Obligation was ¥96 Mil.
Total Current Assets was ¥1,809 Mil.
Total Current Liabilities was ¥1,870 Mil.
Net Income was 6.039 + -2.815 + -87.188 + 50.074 = ¥-34 Mil.

Revenue was 352.824 + 169.739 + 683.213 + 266.363 = ¥1,472 Mil.
Gross Profit was 44.687 + 17.173 + 40.165 + 102.765 = ¥205 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(2289.309 + 2692.308 + 2730.903 + 2736.849 + 3117.542) / 5 = ¥2713.3822 Mil.
Total Assets at the begining of last year (Mar24) was ¥2,289 Mil.
Long-Term Debt & Capital Lease Obligation was ¥93 Mil.
Total Current Assets was ¥2,532 Mil.
Total Current Liabilities was ¥2,687 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.

Super Telecom Co's current Net Income (TTM) was -44. ==> Negative ==> Score 0.

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.

Super Telecom Co's current Cash Flow from Operations (TTM) was 101. ==> 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)
=-44.077/3117.542
=-0.01413838

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-33.89/2289.309
=-0.01480359

Super Telecom Co's return on assets of this year was -0.01413838. Super Telecom Co's return on assets of last year was -0.01480359. ==> 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.

Super Telecom Co's current Net Income (TTM) was -44. Super Telecom Co's current Cash Flow from Operations (TTM) was 101. ==> 101 > -44 ==> 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
=95.668/2450.104
=0.03904651

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=92.738/2713.3822
=0.03417801

Super Telecom Co's gearing of this year was 0.03904651. Super Telecom Co's gearing of last year was 0.03417801. ==> 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
=1808.971/1869.596
=0.96757321

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=2532.011/2686.845
=0.9423733

Super Telecom Co's current ratio of this year was 0.96757321. Super Telecom Co's current ratio of last year was 0.9423733. ==> 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.

Super Telecom Co's number of shares in issue this year was 160.246. Super Telecom Co's number of shares in issue last year was 156.48. ==> 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
=197.443/2290.458
=0.08620241

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=204.79/1472.139
=0.13911051

Super Telecom Co's gross margin of this year was 0.08620241. Super Telecom Co's gross margin of last year was 0.13911051. ==> Last year's gross margin is higher ==> Score 0.

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)
=2290.458/3117.542
=0.73469997

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1472.139/2289.309
=0.6430495

Super Telecom Co's asset turnover of this year was 0.73469997. Super Telecom Co's asset turnover of last year was 0.6430495. ==> 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
=0+1+1+1+0+1+0+0+1
=5

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

Super Telecom Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
Super Telecom Co (SHSE:603322) has a Piotroski F-Score of 5 as of Jul. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Super Telecom Co and its competitors. This is near median its historical median of 5.00. Over the past decade, Super Telecom Co's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Super Telecom Co ranks #992 out of 2427 companies in the Hardware industry, placing it in the top 40.9%.
Is Super Telecom Co's Piotroski F-Score too high?
Super Telecom Co's current Piotroski F-Score of 5 is near 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 Hardware industry median Piotroski F-Score is 5.00. Super Telecom Co's value of 5 is 0% at this industry median. Based on the distribution chart, Super Telecom Co ranks #992 out of 2427 companies in the Hardware industry, which is above the industry midpoint. Overall, Super Telecom Co has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Super Telecom Co's Piotroski F-Score compare to CSCO and MSI?
According to the Hardware industry distribution chart, Super Telecom Co ranks #992 out of 2427 companies for Piotroski F-Score. This puts Super Telecom Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Super Telecom Co's value of 5 is 0% at this benchmark. Historically, Super Telecom 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 5.00, Super Telecom 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 Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,427 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. Super Telecom 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 Super Telecom Co and its competitors. For the Hardware 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. Super Telecom Co's current Piotroski F-Score is 5, which is near 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 Super Telecom Co stock overvalued right now?
Based on GuruFocus' analysis, Super Telecom Co (SHSE:603322) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥37.66, compared to a current price of ¥26.33 — trading 30.1% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Hardware industry median of 5.00. Super Telecom Co's overall GF Score™ is 58/100 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 Super Telecom Co (SHSE:603322), the current Piotroski F-Score is 5 as of Jul. 28, 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 Super Telecom Co (SHSE:603322) Overvalued in 2026?

Based on GuruFocus' analysis, Super Telecom Co stock appears to be undervalued. The current stock price of ¥26.33 is trading 30.1% below its estimated GF Value™ of ¥37.66. GuruFocus considers Super Telecom Co to be Significantly Undervalued.

Key valuation signals for SHSE:603322:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: ¥37.66 vs. price of ¥26.33 (30.1% below fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 0% at the Hardware median (#992 of 2427)

No single metric tells the full story. See the SHSE:603322 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Super Telecom Co Business Description

Address No. 48, Science Avenue, 28th Floor, Building E, Greenland Central Plaza, Huangpu District, Guangzhou, CHN, 510670
Super Telecom Co Ltd is engaged in the computer, communications, and other electronic equipment manufacturing industry. The various products and services offered by the company include computing power construction and leasing, computing equipment and products such as servers and GPU products. It also offers charging piles, photovoltaics, and other products for the new energy industry. In addition, the company provides the Internet of Things, Communication engineering and maintenance services, and a range of information and communication technology solutions. Maximum revenue for the company is derived from its Communication business which provides daily maintenance services, communication network inspection, adjustments for communication operators, and other related products and services.
58GF Score

Get the complete analysis for SHSE:603322

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

¥26.33
Price
¥37.66
GF Value