Sansure Biotech (SHSE:688289) Piotroski F-Score: 3 (As of Jul. 01, 2026) — 25% Below Median


SHSE:688289 Sansure Biotech Inc SHSE:688289
63 GF Score
Price ¥15.28
GF Value ¥20.60
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Sansure Biotech Piotroski F-Score?

Sansure Biotech SHSE:688289 +6.11% 63 Piotroski F-Score is 3 as of Jul. 01, 2026, which is 25% below its 10-year median of 4.00. GuruFocus rates SHSE:688289 with a GF Score™ of 63/100 and a GF Value™ of ¥20.60 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 806 Medical Devices & Instruments companies, Sansure Biotech ranks worse than 76.55% on this metric.

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Sansure Biotech has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for Sansure Biotech's Piotroski F-Score or its related term are showing as below:

SHSE:688289' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 4   Max: 7
Current: 3

During the past 9 years, the highest Piotroski F-Score of Sansure Biotech was 7. The lowest was 3. And the median was 4.

Sansure Biotech  (SHSE:688289) 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.


Sansure Biotech Piotroski F-Score Related Terms


Sansure Biotech Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Sansure Biotech'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.

Sansure Biotech Piotroski F-Score Chart

Sansure Biotech Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only 4.00 5.00 5.00 5.00 4.00

Sansure Biotech 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 6.00 4.00 4.00 4.00 3.00

SHSE:688289 vs ISRG, BDX, MDLN: Piotroski F-Score Comparison

For the Medical Instruments & Supplies subindustry, Sansure Biotech'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.


Sansure Biotech Piotroski F-Score vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sansure Biotech's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Sansure Biotech's Piotroski F-Score falls into.


SHSE:688289
63GF Score
Sansure Biotech Inc SHSE:688289
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 70.984 + 28.602 + 7.616 + 49.739 = ¥157 Mil.
Cash Flow from Operations was -109.03 + 58.367 + 268.441 + -0.964 = ¥217 Mil.
Revenue was 393.132 + 375.519 + 397.394 + 437.346 = ¥1,603 Mil.
Gross Profit was 271.792 + 271.368 + 336.131 + 320.637 = ¥1,200 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(9684.305 + 9519.933 + 9464.187 + 9526.68 + 9606.771) / 5 = ¥9560.3752 Mil.
Total Assets at the begining of this year (Mar25) was ¥9,684 Mil.
Long-Term Debt & Capital Lease Obligation was ¥1,017 Mil.
Total Current Assets was ¥5,161 Mil.
Total Current Liabilities was ¥1,211 Mil.
Net Income was 75.681 + 38.721 + 80.169 + 91.735 = ¥286 Mil.

Revenue was 326.011 + 315.623 + 425.481 + 475.488 = ¥1,543 Mil.
Gross Profit was 236.92 + 246.304 + 335.74 + 364.762 = ¥1,184 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(8745.537 + 8632.08 + 8571.194 + 8603.796 + 9684.305) / 5 = ¥8847.3824 Mil.
Total Assets at the begining of last year (Mar24) was ¥8,746 Mil.
Long-Term Debt & Capital Lease Obligation was ¥822 Mil.
Total Current Assets was ¥5,776 Mil.
Total Current Liabilities was ¥1,301 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.

Sansure Biotech's current Net Income (TTM) was 157. ==> 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.

Sansure Biotech's current Cash Flow from Operations (TTM) was 217. ==> 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)
=156.941/9684.305
=0.01620571

ROA (Last Year)=Net Income/Total Assets (Mar24)
=286.306/8745.537
=0.03273738

Sansure Biotech's return on assets of this year was 0.01620571. Sansure Biotech's return on assets of last year was 0.03273738. ==> 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.

Sansure Biotech's current Net Income (TTM) was 157. Sansure Biotech's current Cash Flow from Operations (TTM) was 217. ==> 217 > 157 ==> 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
=1016.792/9560.3752
=0.10635482

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=821.603/8847.3824
=0.09286396

Sansure Biotech's gearing of this year was 0.10635482. Sansure Biotech's gearing of last year was 0.09286396. ==> 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
=5160.631/1210.639
=4.26273315

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=5776.19/1301.244
=4.43897532

Sansure Biotech's current ratio of this year was 4.26273315. Sansure Biotech's current ratio of last year was 4.43897532. ==> 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.

Sansure Biotech's number of shares in issue this year was 621.742. Sansure Biotech's number of shares in issue last year was 573.347. ==> 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
=1199.928/1603.391
=0.74836893

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1183.726/1542.603
=0.76735622

Sansure Biotech's gross margin of this year was 0.74836893. Sansure Biotech's gross margin of last year was 0.76735622. ==> 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)
=1603.391/9684.305
=0.16556593

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1542.603/8745.537
=0.17638745

Sansure Biotech's asset turnover of this year was 0.16556593. Sansure Biotech's asset turnover of last year was 0.17638745. ==> 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+0+0+0+0+0
=3

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

Sansure Biotech has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 3 mean?
Sansure Biotech (SHSE:688289) has a Piotroski F-Score of 3 as of Jul. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sansure Biotech and its competitors. This is 25% below median its historical median of 4.00. Over the past decade, Sansure Biotech's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Sansure Biotech ranks #617 out of 806 companies in the Medical Devices & Instruments industry, placing it in the top 76.6%.
Is Sansure Biotech's Piotroski F-Score too high?
Sansure Biotech's current Piotroski F-Score of 3 is 25% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Medical Devices & Instruments industry median Piotroski F-Score is 5.00. Sansure Biotech's value of 3 is 40% below this industry median. Based on the distribution chart, Sansure Biotech ranks #617 out of 806 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Sansure Biotech has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sansure Biotech's Piotroski F-Score compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Sansure Biotech ranks #617 out of 806 companies for Piotroski F-Score. This places Sansure Biotech in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Sansure Biotech's value of 3 is 40% below this benchmark. Historically, Sansure Biotech'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 4.00 vs. the industry median of 5.00, Sansure Biotech has consistently been below 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 Medical Devices & Instruments company?
The median Piotroski F-Score among Medical Devices & Instruments companies is 5.00, based on 806 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. Sansure Biotech's current Piotroski F-Score of 3 is 40% below 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 Sansure Biotech and its competitors. For the Medical Devices & Instruments 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. Sansure Biotech's current Piotroski F-Score is 3, which is 25% below median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sansure Biotech stock overvalued right now?
Based on GuruFocus' analysis, Sansure Biotech (SHSE:688289) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥20.60, compared to a current price of ¥15.28 — trading 25.8% below its estimated fair value. The current Piotroski F-Score is 3, which is 25% below median its 10-year median of 4.00 and 40% below the Medical Devices & Instruments industry median of 5.00. Sansure Biotech's overall GF Score™ is 63/100 with 7 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 Sansure Biotech (SHSE:688289), the current Piotroski F-Score is 3 as of Jul. 01, 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 Sansure Biotech (SHSE:688289) Overvalued in 2026?

Based on GuruFocus' analysis, Sansure Biotech stock appears to be undervalued. The current stock price of ¥15.28 is trading 25.8% below its estimated GF Value™ of ¥20.60. GuruFocus considers Sansure Biotech to be Modestly Undervalued.

Key valuation signals for SHSE:688289:

  • Piotroski F-Score: 3 (25% below median its 10-year median of 4.00)
  • GF Value™: ¥20.60 vs. price of ¥15.28 (25.8% below fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 40% below the Medical Devices & Instruments median (#617 of 806)

No single metric tells the full story. See the SHSE:688289 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sansure Biotech Business Description

Address No. 680, Lusong Road, Changsha High-tech Industrial Development Zone, Hunan Province, Changsha, CHN, 410205
Sansure Biotech Inc is engaged in the Research, development, production, and sales of diagnostic reagents and instruments.
63GF Score

Get the complete analysis for SHSE:688289

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

¥15.28
Price
¥20.60
GF Value