Zhe Jiang Li Zi Yuan Food Co (SHSE:605337) Piotroski F-Score: 5 (As of Jun. 30, 2026) — Near Median


SHSE:605337 Zhe Jiang Li Zi Yuan Food Co Ltd SHSE:605337
71 GF Score
Price ¥8.20
GF Value ¥11.79
Valuation Possible Value Trap
! 5 Warning Signs
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What is Zhe Jiang Li Zi Yuan Food Co Piotroski F-Score?

Zhe Jiang Li Zi Yuan Food Co SHSE:605337 -2.84% 71 Piotroski F-Score is 5 as of Jun. 30, 2026, which is at its 10-year median of 5.00. GuruFocus rates SHSE:605337 with a GF Score™ of 71/100 and a GF Value™ of ¥11.79 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,909 Consumer Packaged Goods companies, Zhe Jiang Li Zi Yuan Food Co ranks better than 51.91% 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

Zhe Jiang Li Zi Yuan Food 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 Zhe Jiang Li Zi Yuan Food Co's Piotroski F-Score or its related term are showing as below:

SHSE:605337' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 7
Current: 5

During the past 10 years, the highest Piotroski F-Score of Zhe Jiang Li Zi Yuan Food Co was 7. The lowest was 3. And the median was 5.

Zhe Jiang Li Zi Yuan Food Co  (SHSE:605337) 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.


Zhe Jiang Li Zi Yuan Food Co Piotroski F-Score Related Terms


Zhe Jiang Li Zi Yuan Food Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Zhe Jiang Li Zi Yuan 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.

Zhe Jiang Li Zi Yuan Food Co Piotroski F-Score Chart

Zhe Jiang Li Zi Yuan 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 4.00 5.00 5.00 6.00 5.00

Zhe Jiang Li Zi Yuan 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 4.00 7.00 7.00 5.00 5.00

SHSE:605337 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Zhe Jiang Li Zi Yuan 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.


Zhe Jiang Li Zi Yuan Food Co Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zhe Jiang Li Zi Yuan Food Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Zhe Jiang Li Zi Yuan Food Co's Piotroski F-Score falls into.


SHSE:605337
71GF Score
Zhe Jiang Li Zi Yuan Food Co Ltd SHSE:605337
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 29.957 + 51.793 + 48.373 + 53.51 = ¥184 Mil.
Cash Flow from Operations was -49.365 + 235.731 + -38.145 + 79.028 = ¥227 Mil.
Revenue was 301.428 + 352.002 + 322.217 + 299.538 = ¥1,275 Mil.
Gross Profit was 110.638 + 135.38 + 125.824 + 113.059 = ¥485 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(3011.888 + 3069.352 + 3199.891 + 3037.723 + 3137.943) / 5 = ¥3091.3594 Mil.
Total Assets at the begining of this year (Mar25) was ¥3,012 Mil.
Long-Term Debt & Capital Lease Obligation was ¥613 Mil.
Total Current Assets was ¥1,122 Mil.
Total Current Liabilities was ¥719 Mil.
Net Income was 38.166 + 62.118 + 66.565 + 66.165 = ¥233 Mil.

Revenue was 345.023 + 384.526 + 351.159 + 319.977 = ¥1,401 Mil.
Gross Profit was 132.231 + 157.465 + 135.693 + 137.031 = ¥562 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(2929.283 + 2848.233 + 2904.255 + 2988.138 + 3011.888) / 5 = ¥2936.3594 Mil.
Total Assets at the begining of last year (Mar24) was ¥2,929 Mil.
Long-Term Debt & Capital Lease Obligation was ¥594 Mil.
Total Current Assets was ¥1,139 Mil.
Total Current Liabilities was ¥534 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.

Zhe Jiang Li Zi Yuan Food Co's current Net Income (TTM) was 184. ==> 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.

Zhe Jiang Li Zi Yuan Food Co's current Cash Flow from Operations (TTM) was 227. ==> 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)
=183.633/3011.888
=0.0609694

ROA (Last Year)=Net Income/Total Assets (Mar24)
=233.014/2929.283
=0.07954643

Zhe Jiang Li Zi Yuan Food Co's return on assets of this year was 0.0609694. Zhe Jiang Li Zi Yuan Food Co's return on assets of last year was 0.07954643. ==> Last year is higher ==> Score 0.

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.

Zhe Jiang Li Zi Yuan Food Co's current Net Income (TTM) was 184. Zhe Jiang Li Zi Yuan Food Co's current Cash Flow from Operations (TTM) was 227. ==> 227 > 184 ==> 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
=612.761/3091.3594
=0.19821733

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=594.301/2936.3594
=0.20239382

Zhe Jiang Li Zi Yuan Food Co's gearing of this year was 0.19821733. Zhe Jiang Li Zi Yuan Food Co's gearing of last year was 0.20239382. ==> 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
=1121.55/718.743
=1.56043259

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1138.86/534.066
=2.13243307

Zhe Jiang Li Zi Yuan Food Co's current ratio of this year was 1.56043259. Zhe Jiang Li Zi Yuan Food Co's current ratio of last year was 2.13243307. ==> 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.

Zhe Jiang Li Zi Yuan Food Co's number of shares in issue this year was 411.617. Zhe Jiang Li Zi Yuan Food Co's number of shares in issue last year was 413.534. ==> 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
=484.901/1275.185
=0.38025933

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=562.42/1400.685
=0.40153211

Zhe Jiang Li Zi Yuan Food Co's gross margin of this year was 0.38025933. Zhe Jiang Li Zi Yuan Food Co's gross margin of last year was 0.40153211. ==> 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)
=1275.185/3011.888
=0.42338394

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1400.685/2929.283
=0.4781665

Zhe Jiang Li Zi Yuan Food Co's asset turnover of this year was 0.42338394. Zhe Jiang Li Zi Yuan Food Co's asset turnover of last year was 0.4781665. ==> 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+0+1+1+0+1+0+0
=5

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

Zhe Jiang Li Zi Yuan Food 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?
Zhe Jiang Li Zi Yuan Food Co (SHSE:605337) has a Piotroski F-Score of 5 as of Jun. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Zhe Jiang Li Zi Yuan Food Co and its competitors. This is near median its historical median of 5.00. Over the past decade, Zhe Jiang Li Zi Yuan Food Co's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Zhe Jiang Li Zi Yuan Food Co ranks #918 out of 1909 companies in the Consumer Packaged Goods industry, placing it in the top 48.1%.
Is Zhe Jiang Li Zi Yuan Food Co's Piotroski F-Score too high?
Zhe Jiang Li Zi Yuan Food 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 3.00 to a high of 7.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Zhe Jiang Li Zi Yuan Food Co's value of 5 is 0% at this industry median. Based on the distribution chart, Zhe Jiang Li Zi Yuan Food Co ranks #918 out of 1909 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Zhe Jiang Li Zi Yuan Food Co has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhe Jiang Li Zi Yuan Food Co's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Zhe Jiang Li Zi Yuan Food Co ranks #918 out of 1909 companies for Piotroski F-Score. This puts Zhe Jiang Li Zi Yuan Food Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Zhe Jiang Li Zi Yuan Food Co's value of 5 is 0% at this benchmark. Historically, Zhe Jiang Li Zi Yuan Food Co's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Zhe Jiang Li Zi Yuan Food 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 1,909 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. Zhe Jiang Li Zi Yuan Food 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 Zhe Jiang Li Zi Yuan 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. Zhe Jiang Li Zi Yuan Food 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 Zhe Jiang Li Zi Yuan Food Co stock overvalued right now?
Based on GuruFocus' analysis, Zhe Jiang Li Zi Yuan Food Co (SHSE:605337) is currently considered Possible Value Trap. The stock's GF Value™ is ¥11.79, compared to a current price of ¥8.20 — trading 30.4% 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 Consumer Packaged Goods industry median of 5.00. Zhe Jiang Li Zi Yuan Food Co's overall GF Score™ is 71/100 with 5 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 Zhe Jiang Li Zi Yuan Food Co (SHSE:605337), the current Piotroski F-Score is 5 as of Jun. 30, 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 Zhe Jiang Li Zi Yuan Food Co (SHSE:605337) Overvalued in 2026?

Based on GuruFocus' analysis, Zhe Jiang Li Zi Yuan Food Co stock appears to be undervalued. The current stock price of ¥8.20 is trading 30.4% below its estimated GF Value™ of ¥11.79. GuruFocus considers Zhe Jiang Li Zi Yuan Food Co to be Possible Value Trap.

Key valuation signals for SHSE:605337:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: ¥11.79 vs. price of ¥8.20 (30.4% below fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 0% at the Consumer Packaged Goods median (#918 of 1909)

No single metric tells the full story. See the SHSE:605337 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhe Jiang Li Zi Yuan Food Co Business Description

Address Liziyuan Industrial Park, Caozhai Town, Jindong District, Zhejiang Province, Jinhua, CHN, 321031
Zhe Jiang Li Zi Yuan Food Co Ltd is engaged in research and development, production and sales of milk-containing beverages and other beverages such as sweet milk and milk beverage series. Its products include dairy products, vegetable protein beverages, compound protein beverages, fruit juice beverages, and cereal beverages.
71GF Score

Get the complete analysis for SHSE:605337

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

¥8.20
Price
¥11.79
GF Value