China Chippacking Technology Co (SHSE:688216) Piotroski F-Score: 7 (As of Jul. 26, 2026) — 40% Above Median

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SHSE:688216 China Chippacking Technology Co Ltd SHSE:688216
64 GF Score
Price ¥28.48
GF Value ¥31.54
Valuation Modestly Undervalued
! 6 Warning Signs
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What is China Chippacking Technology Co Piotroski F-Score?

China Chippacking Technology Co SHSE:688216 -1.86% 64 Piotroski F-Score is 7 as of Jul. 26, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates SHSE:688216 with a GF Score™ of 64/100 and a GF Value™ of ¥31.54 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 989 Semiconductors companies, China Chippacking Technology Co ranks better than 92.92% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

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

China Chippacking Technology Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for China Chippacking Technology Co's Piotroski F-Score or its related term are showing as below:

SHSE:688216' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 5   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of China Chippacking Technology Co was 8. The lowest was 1. And the median was 5.

China Chippacking Technology Co  (SHSE:688216) 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.


China Chippacking Technology Co Piotroski F-Score Related Terms


China Chippacking Technology Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for China Chippacking Technology 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.

China Chippacking Technology Co Piotroski F-Score Chart

China Chippacking Technology 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 8.00 1.00 3.00 6.00 6.00

China Chippacking Technology 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 4.00 5.00 6.00 7.00

SHSE:688216 vs NVDA, AVGO, MU: Piotroski F-Score Comparison

For the Semiconductors subindustry, China Chippacking Technology 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.


China Chippacking Technology Co Piotroski F-Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, China Chippacking Technology Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where China Chippacking Technology Co's Piotroski F-Score falls into.


SHSE:688216
64GF Score
China Chippacking Technology Co Ltd SHSE:688216
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 -26.496 + -18 + 1.285 + -3.725 = ¥-46.9 Mil.
Cash Flow from Operations was 33.972 + 5.882 + 43.556 + -9.337 = ¥74.1 Mil.
Revenue was 194.291 + 204.643 + 238.239 + 223.444 = ¥860.6 Mil.
Gross Profit was -1.072 + 12.311 + 35.716 + 23.622 = ¥70.6 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1950.893 + 1881.141 + 1937.362 + 2011.456 + 2025.933) / 5 = ¥1961.357 Mil.
Total Assets at the begining of this year (Mar25) was ¥1,950.9 Mil.
Long-Term Debt & Capital Lease Obligation was ¥285.5 Mil.
Total Current Assets was ¥484.7 Mil.
Total Current Liabilities was ¥857.1 Mil.
Net Income was -19.49 + -20.306 + -41.212 + -32.172 = ¥-113.2 Mil.

Revenue was 189.524 + 182.348 + 171.11 + 131.616 = ¥674.6 Mil.
Gross Profit was -1.203 + -2.169 + -4.031 + -5.985 = ¥-13.4 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1838.119 + 1915.995 + 1988.54 + 1999.717 + 1950.893) / 5 = ¥1938.6528 Mil.
Total Assets at the begining of last year (Mar24) was ¥1,838.1 Mil.
Long-Term Debt & Capital Lease Obligation was ¥286.8 Mil.
Total Current Assets was ¥388.1 Mil.
Total Current Liabilities was ¥879.9 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.

China Chippacking Technology Co's current Net Income (TTM) was -46.9. ==> 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.

China Chippacking Technology Co's current Cash Flow from Operations (TTM) was 74.1. ==> 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)
=-46.936/1950.893
=-0.02405873

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-113.18/1838.119
=-0.06157382

China Chippacking Technology Co's return on assets of this year was -0.02405873. China Chippacking Technology Co's return on assets of last year was -0.06157382. ==> 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.

China Chippacking Technology Co's current Net Income (TTM) was -46.9. China Chippacking Technology Co's current Cash Flow from Operations (TTM) was 74.1. ==> 74.1 > -46.9 ==> 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
=285.489/1961.357
=0.14555688

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=286.848/1938.6528
=0.14796254

China Chippacking Technology Co's gearing of this year was 0.14555688. China Chippacking Technology Co's gearing of last year was 0.14796254. ==> 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
=484.67/857.059
=0.56550366

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=388.052/879.939
=0.44099875

China Chippacking Technology Co's current ratio of this year was 0.56550366. China Chippacking Technology Co's current ratio of last year was 0.44099875. ==> 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.

China Chippacking Technology Co's number of shares in issue this year was 124.155. China Chippacking Technology Co's number of shares in issue last year was 107.241. ==> 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
=70.577/860.617
=0.08200744

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=-13.388/674.598
=-0.01984589

China Chippacking Technology Co's gross margin of this year was 0.08200744. China Chippacking Technology Co's gross margin of last year was -0.01984589. ==> 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 (Mar25)
=860.617/1950.893
=0.44114003

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=674.598/1838.119
=0.36700453

China Chippacking Technology Co's asset turnover of this year was 0.44114003. China Chippacking Technology Co's asset turnover of last year was 0.36700453. ==> 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+1+1+0+1+1
=7

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

China Chippacking Technology Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
China Chippacking Technology Co (SHSE:688216) has a Piotroski F-Score of 7 as of Jul. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on China Chippacking Technology Co and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, China Chippacking Technology Co's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, China Chippacking Technology Co ranks #70 out of 989 companies in the Semiconductors industry, placing it in the top 7.1%.
Is China Chippacking Technology Co's Piotroski F-Score too high?
China Chippacking Technology Co's current Piotroski F-Score of 7 is 40% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Semiconductors industry median Piotroski F-Score is 5.00. China Chippacking Technology Co's value of 7 is 40% above this industry median. Based on the distribution chart, China Chippacking Technology Co ranks #70 out of 989 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, China Chippacking Technology Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Chippacking Technology Co's Piotroski F-Score compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, China Chippacking Technology Co ranks #70 out of 989 companies for Piotroski F-Score. This places China Chippacking Technology Co in the top 7% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. China Chippacking Technology Co's value of 7 is 40% above this benchmark. Historically, China Chippacking Technology Co's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, China Chippacking Technology 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 Semiconductors company?
The median Piotroski F-Score among Semiconductors companies is 5.00, based on 989 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. China Chippacking Technology Co's current Piotroski F-Score of 7 is 40% 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 China Chippacking Technology Co and its competitors. For the Semiconductors 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. China Chippacking Technology Co's current Piotroski F-Score is 7, which is 40% 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 China Chippacking Technology Co stock overvalued right now?
Based on GuruFocus' analysis, China Chippacking Technology Co (SHSE:688216) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥31.54, compared to a current price of ¥28.48 — trading 9.7% below its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Semiconductors industry median of 5.00. China Chippacking Technology Co's overall GF Score™ is 64/100 with 6 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 China Chippacking Technology Co (SHSE:688216), the current Piotroski F-Score is 7 as of Jul. 26, 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 China Chippacking Technology Co (SHSE:688216) Overvalued in 2026?

Based on GuruFocus' analysis, China Chippacking Technology Co stock appears to be undervalued. The current stock price of ¥28.48 is trading 9.7% below its estimated GF Value™ of ¥31.54. GuruFocus considers China Chippacking Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:688216:

  • Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
  • GF Value™: ¥31.54 vs. price of ¥28.48 (9.7% below fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 40% above the Semiconductors median (#70 of 989)

No single metric tells the full story. See the SHSE:688216 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Chippacking Technology Co Business Description

Address No. 250, Pinglong West Road, Pinghu Street, Room 301-2, Longgang District, Guangdong, Shenzhen, CHN, 523330
China Chippacking Technology Co Ltd is engaged in the integrated circuit packaging and testing, and providing packaging technology solutions.
64GF Score

Get the complete analysis for SHSE:688216

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

¥28.48
Price
¥31.54
GF Value