Proya Cosmetics Co (SHSE:603605) Piotroski F-Score: 5 (As of Aug. 29, 2026) — 29% Below Median

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SHSE:603605 Proya Cosmetics Co Ltd SHSE:603605
92 GF Score
Price ¥61.35
GF Value ¥88.17
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Proya Cosmetics Co Piotroski F-Score?

Proya Cosmetics Co SHSE:603605 -1.59% 92 Piotroski F-Score is 5 as of Aug. 29, 2026, which is 29% below its 10-year median of 7.00. GuruFocus rates SHSE:603605 with a GF Score™ of 92/100 and a GF Value™ of ¥88.17 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,919 Consumer Packaged Goods companies, Proya Cosmetics Co ranks better than 51.49% 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

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

SHSE:603605' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 9
Current: 5

During the past 13 years, the highest Piotroski F-Score of Proya Cosmetics Co was 9. The lowest was 4. And the median was 7.

Proya Cosmetics Co  (SHSE:603605) 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.


Proya Cosmetics Co Piotroski F-Score Related Terms


Proya Cosmetics Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Proya Cosmetics 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.

Proya Cosmetics Co Piotroski F-Score Chart

Proya Cosmetics 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 7.00 7.00 8.00 7.00 6.00

Proya Cosmetics Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 7.00 6.00 6.00 5.00

SHSE:603605 vs PG, CL, KVUE: Piotroski F-Score Comparison

For the Household & Personal Products subindustry, Proya Cosmetics 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.


Proya Cosmetics Co Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Proya Cosmetics Co's Piotroski F-Score distribution charts can be found below:

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


SHSE:603605
92GF Score
Proya Cosmetics Co Ltd SHSE:603605
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 227.189 + 472.051 + 366.687 + 801.21 = ¥1,867 Mil.
Cash Flow from Operations was -94.862 + 994.679 + 106.971 + 843.87 = ¥1,851 Mil.
Revenue was 1736.009 + 3499.529 + 2305.345 + 3069.456 = ¥10,610 Mil.
Gross Profit was 1296.381 + 2533.414 + 1718.061 + 2276.533 = ¥7,824 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(8282.681 + 8574.81 + 8487.416 + 8912.125 + 10866.569) / 5 = ¥9024.7202 Mil.
Total Assets at the begining of this year (Jun25) was ¥8,283 Mil.
Long-Term Debt & Capital Lease Obligation was ¥838 Mil.
Total Current Assets was ¥7,751 Mil.
Total Current Liabilities was ¥2,745 Mil.
Net Income was 297.538 + 552.786 + 390.282 + 408.23 = ¥1,649 Mil.

Revenue was 1964.568 + 3812.378 + 2359.335 + 3002.556 = ¥11,139 Mil.
Gross Profit was 1389.214 + 2813.414 + 1717.03 + 2217.361 = ¥8,137 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(7362.863 + 7478.062 + 7530.183 + 8201.525 + 8282.681) / 5 = ¥7771.0628 Mil.
Total Assets at the begining of last year (Jun24) was ¥7,363 Mil.
Long-Term Debt & Capital Lease Obligation was ¥813 Mil.
Total Current Assets was ¥6,156 Mil.
Total Current Liabilities was ¥1,587 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.

Proya Cosmetics Co's current Net Income (TTM) was 1,867. ==> 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.

Proya Cosmetics Co's current Cash Flow from Operations (TTM) was 1,851. ==> 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 (Jun25)
=1867.137/8282.681
=0.22542665

ROA (Last Year)=Net Income/Total Assets (Jun24)
=1648.836/7362.863
=0.22393952

Proya Cosmetics Co's return on assets of this year was 0.22542665. Proya Cosmetics Co's return on assets of last year was 0.22393952. ==> 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.

Proya Cosmetics Co's current Net Income (TTM) was 1,867. Proya Cosmetics Co's current Cash Flow from Operations (TTM) was 1,851. ==> 1,851 <= 1,867 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=837.672/9024.7202
=0.09281972

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=813.103/7771.0628
=0.10463215

Proya Cosmetics Co's gearing of this year was 0.09281972. Proya Cosmetics Co's gearing of last year was 0.10463215. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=7751.36/2745.416
=2.82338269

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=6156.017/1586.639
=3.8799103

Proya Cosmetics Co's current ratio of this year was 2.82338269. Proya Cosmetics Co's current ratio of last year was 3.8799103. ==> 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.

Proya Cosmetics Co's number of shares in issue this year was 400.201. Proya Cosmetics Co's number of shares in issue last year was 396.381. ==> 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
=7824.389/10610.339
=0.73743063

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=8137.019/11138.837
=0.73050885

Proya Cosmetics Co's gross margin of this year was 0.73743063. Proya Cosmetics Co's gross margin of last year was 0.73050885. ==> 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 (Jun25)
=10610.339/8282.681
=1.28102712

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=11138.837/7362.863
=1.51284045

Proya Cosmetics Co's asset turnover of this year was 1.28102712. Proya Cosmetics Co's asset turnover of last year was 1.51284045. ==> Last year's asset turnover is higher ==> Score 0.

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+0+0+1+0
=5

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

Proya Cosmetics 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?
Proya Cosmetics Co (SHSE:603605) has a Piotroski F-Score of 5 as of Aug. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Proya Cosmetics Co and its competitors. This is 29% below median its historical median of 7.00. Over the past decade, Proya Cosmetics Co's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Proya Cosmetics Co ranks #931 out of 1919 companies in the Consumer Packaged Goods industry, placing it in the top 48.5%.
Is Proya Cosmetics Co's Piotroski F-Score too high?
Proya Cosmetics Co's current Piotroski F-Score of 5 is 29% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Proya Cosmetics Co's value of 5 is 0% at this industry median. Based on the distribution chart, Proya Cosmetics Co ranks #931 out of 1919 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Proya Cosmetics Co has a GF Score™ of 92/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Proya Cosmetics Co's Piotroski F-Score compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Proya Cosmetics Co ranks #931 out of 1919 companies for Piotroski F-Score. This puts Proya Cosmetics Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Proya Cosmetics Co's value of 5 is 0% at this benchmark. Historically, Proya Cosmetics 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 7.00 vs. the industry median of 5.00, Proya Cosmetics 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,919 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. Proya Cosmetics 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 Proya Cosmetics Co and its competitors. For the Consumer Packaged Goods 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. Proya Cosmetics Co's current Piotroski F-Score is 5, which is 29% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Proya Cosmetics Co stock overvalued right now?
Based on GuruFocus' analysis, Proya Cosmetics Co (SHSE:603605) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥88.17, compared to a current price of ¥61.35 — trading 30.4% below its estimated fair value. The current Piotroski F-Score is 5, which is 29% below median its 10-year median of 7.00 and 0% at the Consumer Packaged Goods industry median of 5.00. Proya Cosmetics Co's overall GF Score™ is 92/100 with 1 warning sign 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 Proya Cosmetics Co (SHSE:603605), the current Piotroski F-Score is 5 as of Aug. 29, 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 Proya Cosmetics Co (SHSE:603605) Overvalued in 2026?

Based on GuruFocus' analysis, Proya Cosmetics Co stock appears to be undervalued. The current stock price of ¥61.35 is trading 30.4% below its estimated GF Value™ of ¥88.17. GuruFocus considers Proya Cosmetics Co to be Significantly Undervalued.

Key valuation signals for SHSE:603605:

  • Piotroski F-Score: 5 (29% below median its 10-year median of 7.00)
  • GF Value™: ¥88.17 vs. price of ¥61.35 (30.4% below fair value)
  • GF Score™: 92/100 with 1 warning sign
  • Industry Position: 0% at the Consumer Packaged Goods median (#931 of 1919)

No single metric tells the full story. See the SHSE:603605 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Proya Cosmetics Co Business Description

Address Jiaogong Road No. 18, Area A, Building A, EAC, 16th Floor, Legend City of World Trade Center, Hangzhou, CHN, 310012
Proya Cosmetics Co Ltd is engaged in the research and development, manufacture and sale of skin care and cosmetics products. Its Sells products under Proya, Uzero, Anya, Yoya, and Cats Roses brands in China. It focuses on the application of advanced marine technology, pure clean skin beautifying energy and nursing ingredients.
92GF Score

Get the complete analysis for SHSE:603605

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

¥61.35
Price
¥88.17
GF Value