Qingdao Richen Food Co (SHSE:603755) Piotroski F-Score: 6 (As of Jul. 05, 2026) — 20% Above Median


SHSE:603755 Qingdao Richen Food Co Ltd SHSE:603755
78 GF Score
Price ¥24.41
GF Value ¥34.54
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Qingdao Richen Food Co Piotroski F-Score?

Qingdao Richen Food Co SHSE:603755 +4.90% 78 Piotroski F-Score is 6 as of Jul. 05, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates SHSE:603755 with a GF Score™ of 78/100 and a GF Value™ of ¥34.54 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,913 Consumer Packaged Goods companies, Qingdao Richen Food Co ranks better than 73.39% 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

Qingdao Richen Food Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Qingdao Richen Food Co's Piotroski F-Score or its related term are showing as below:

SHSE:603755' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 8
Current: 6

During the past 12 years, the highest Piotroski F-Score of Qingdao Richen Food Co was 8. The lowest was 2. And the median was 5.

Qingdao Richen Food Co  (SHSE:603755) 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.


Qingdao Richen Food Co Piotroski F-Score Related Terms


Qingdao Richen Food Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Qingdao Richen Food 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.

Qingdao Richen Food Co Piotroski F-Score Chart

Qingdao Richen Food 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 5.00 5.00 4.00 7.00 5.00

Qingdao Richen Food 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 7.00 5.00 5.00 6.00

SHSE:603755 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Qingdao Richen Food 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.


Qingdao Richen Food Co Piotroski F-Score vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Qingdao Richen Food Co's Piotroski F-Score falls into.


SHSE:603755
78GF Score
Qingdao Richen Food Co Ltd SHSE:603755
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 17.573 + 29.083 + 19.893 + 18.196 = ¥84.7 Mil.
Cash Flow from Operations was 18.747 + 24.499 + 46.867 + 22.502 = ¥112.6 Mil.
Revenue was 102.251 + 140.253 + 124.407 + 125.445 = ¥492.4 Mil.
Gross Profit was 38.187 + 52.58 + 45.842 + 44.648 = ¥181.3 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1034.391 + 1046.445 + 1099.335 + 1196.246 + 1365.509) / 5 = ¥1148.3852 Mil.
Total Assets at the begining of this year (Mar25) was ¥1,034.4 Mil.
Long-Term Debt & Capital Lease Obligation was ¥264.7 Mil.
Total Current Assets was ¥210.3 Mil.
Total Current Liabilities was ¥339.2 Mil.
Net Income was 15.826 + 25.704 + 9.423 + 17.662 = ¥68.6 Mil.

Revenue was 95.697 + 109.789 + 107.495 + 101.386 = ¥414.4 Mil.
Gross Profit was 36.417 + 42.858 + 42.22 + 39.749 = ¥161.2 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1000.715 + 963.147 + 992.306 + 1002.929 + 1034.391) / 5 = ¥998.6976 Mil.
Total Assets at the begining of last year (Mar24) was ¥1,000.7 Mil.
Long-Term Debt & Capital Lease Obligation was ¥142.9 Mil.
Total Current Assets was ¥275.8 Mil.
Total Current Liabilities was ¥164.7 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.

Qingdao Richen Food Co's current Net Income (TTM) was 84.7. ==> 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.

Qingdao Richen Food Co's current Cash Flow from Operations (TTM) was 112.6. ==> 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)
=84.745/1034.391
=0.08192743

ROA (Last Year)=Net Income/Total Assets (Mar24)
=68.615/1000.715
=0.06856598

Qingdao Richen Food Co's return on assets of this year was 0.08192743. Qingdao Richen Food Co's return on assets of last year was 0.06856598. ==> 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.

Qingdao Richen Food Co's current Net Income (TTM) was 84.7. Qingdao Richen Food Co's current Cash Flow from Operations (TTM) was 112.6. ==> 112.6 > 84.7 ==> 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
=264.67/1148.3852
=0.23047145

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=142.933/998.6976
=0.1431194

Qingdao Richen Food Co's gearing of this year was 0.23047145. Qingdao Richen Food Co's gearing of last year was 0.1431194. ==> 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
=210.309/339.191
=0.62003119

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=275.831/164.675
=1.67500228

Qingdao Richen Food Co's current ratio of this year was 0.62003119. Qingdao Richen Food Co's current ratio of last year was 1.67500228. ==> 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.

Qingdao Richen Food Co's number of shares in issue this year was 97.2. Qingdao Richen Food Co's number of shares in issue last year was 97.205. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=181.257/492.356
=0.36814216

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=161.244/414.367
=0.3891333

Qingdao Richen Food Co's gross margin of this year was 0.36814216. Qingdao Richen Food Co's gross margin of last year was 0.3891333. ==> 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)
=492.356/1034.391
=0.47598635

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=414.367/1000.715
=0.41407094

Qingdao Richen Food Co's asset turnover of this year was 0.47598635. Qingdao Richen Food Co's asset turnover of last year was 0.41407094. ==> 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+0+0+1+0+1
=6

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

Qingdao Richen Food Co has an F-score of 6 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 6 mean?
Qingdao Richen Food Co (SHSE:603755) has a Piotroski F-Score of 6 as of Jul. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Qingdao Richen Food Co and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Qingdao Richen Food Co's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Qingdao Richen Food Co ranks #509 out of 1913 companies in the Consumer Packaged Goods industry, placing it in the top 26.6%.
Is Qingdao Richen Food Co's Piotroski F-Score too high?
Qingdao Richen Food Co's current Piotroski F-Score of 6 is 20% above 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 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Qingdao Richen Food Co's value of 6 is 20% above this industry median. Based on the distribution chart, Qingdao Richen Food Co ranks #509 out of 1913 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Qingdao Richen Food Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qingdao Richen Food Co's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Qingdao Richen Food Co ranks #509 out of 1913 companies for Piotroski F-Score. This puts Qingdao Richen Food Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Qingdao Richen Food Co's value of 6 is 20% above this benchmark. Historically, Qingdao Richen Food Co's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Qingdao Richen Food 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,913 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. Qingdao Richen Food Co's current Piotroski F-Score of 6 is 20% 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 Qingdao Richen Food 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. Qingdao Richen Food Co's current Piotroski F-Score is 6, which is 20% 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 Qingdao Richen Food Co stock overvalued right now?
Based on GuruFocus' analysis, Qingdao Richen Food Co (SHSE:603755) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥34.54, compared to a current price of ¥24.41 — trading 29.3% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Consumer Packaged Goods industry median of 5.00. Qingdao Richen Food Co's overall GF Score™ is 78/100 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 Qingdao Richen Food Co (SHSE:603755), the current Piotroski F-Score is 6 as of Jul. 05, 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 Qingdao Richen Food Co (SHSE:603755) Overvalued in 2026?

Based on GuruFocus' analysis, Qingdao Richen Food Co stock appears to be undervalued. The current stock price of ¥24.41 is trading 29.3% below its estimated GF Value™ of ¥34.54. GuruFocus considers Qingdao Richen Food Co to be Modestly Undervalued.

Key valuation signals for SHSE:603755:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: ¥34.54 vs. price of ¥24.41 (29.3% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 20% above the Consumer Packaged Goods median (#509 of 1913)

No single metric tells the full story. See the SHSE:603755 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qingdao Richen Food Co Business Description

Address Number 20, Longshan Road, Qingdao Environmental Protection Industrial Park, Jimo District, Shandong Province, Qingdao, CHN, 266200
Qingdao Richen Food Co Ltd is engaged in Research, development, production and sales of sauces, powdered seasonings and food additives.
78GF Score

Get the complete analysis for SHSE:603755

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

¥24.41
Price
¥34.54
GF Value