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SHSE:688353'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 3 Max: 6
Current: 5
During the past 8 years, the highest Piotroski F-Score of Jiangsu HSC New Energy Materials Co was 6. The lowest was 1. And the median was 3.
Jiangsu HSC New Energy Materials Co (SHSE:688353) 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.
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.
Jiangsu HSC New Energy Materials Co Piotroski F-Score Related Terms
Jiangsu HSC New Energy Materials Co Piotroski F-Score Historical Data
* 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.
Jiangsu HSC New Energy Materials Co Piotroski F-Score Chart
For the Chemicals subindustry, Jiangsu HSC New Energy Materials 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.
Jiangsu HSC New Energy Materials Co Piotroski F-Score vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Jiangsu HSC New Energy Materials Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Jiangsu HSC New Energy Materials Co's Piotroski F-Score falls into.
* 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.
*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.
Jiangsu HSC New Energy Materials Co's current Net Income (TTM) was 153.
==> 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.
Jiangsu HSC New Energy Materials Co's current Cash Flow from Operations (TTM) was -285.
==> Negative ==> Score 0.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
Jiangsu HSC New Energy Materials Co's return on assets of this year was 0.03628976. Jiangsu HSC New Energy Materials Co's return on assets of last year was -0.04787422.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Jiangsu HSC New Energy Materials Co's gearing of this year was 0.07663967. Jiangsu HSC New Energy Materials Co's gearing of last year was 0.05976236.
==> 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
Jiangsu HSC New Energy Materials Co's current ratio of this year was 3.92909749. Jiangsu HSC New Energy Materials Co's current ratio of last year was 4.88946245.
==> 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.
Jiangsu HSC New Energy Materials Co's number of shares in issue this year was 156.479. Jiangsu HSC New Energy Materials Co's number of shares in issue last year was 159.566.
==> 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.
Jiangsu HSC New Energy Materials Co's gross margin of this year was 0.26783073. Jiangsu HSC New Energy Materials Co's gross margin of last year was -0.1880201.
==> 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
Jiangsu HSC New Energy Materials Co's asset turnover of this year was 0.24382075. Jiangsu HSC New Energy Materials Co's asset turnover of last year was 0.13288335.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Jiangsu HSC New Energy Materials Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Jiangsu HSC New Energy Materials Co (SHSE:688353) has a Piotroski F-Score of 5 as of Jul. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Jiangsu HSC New Energy Materials Co and its competitors. This is 67% above median its historical median of 3.00. Over the past decade, Jiangsu HSC New Energy Materials Co's Piotroski F-Score has ranged from 1.00 to 6.00. According to the industry distribution chart, Jiangsu HSC New Energy Materials Co ranks #702 out of 1558 companies in the Chemicals industry, placing it in the top 45.1%.
Is Jiangsu HSC New Energy Materials Co's Piotroski F-Score too high?
Jiangsu HSC New Energy Materials Co's current Piotroski F-Score of 5 is 67% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 6.00. The Chemicals industry median Piotroski F-Score is 5.00. Jiangsu HSC New Energy Materials Co's value of 5 is 0% at this industry median. Based on the distribution chart, Jiangsu HSC New Energy Materials Co ranks #702 out of 1558 companies in the Chemicals industry, which is above the industry midpoint. Overall, Jiangsu HSC New Energy Materials Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu HSC New Energy Materials Co's Piotroski F-Score compare to DOW?
According to the Chemicals industry distribution chart, Jiangsu HSC New Energy Materials Co ranks #702 out of 1558 companies for Piotroski F-Score. This puts Jiangsu HSC New Energy Materials Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Jiangsu HSC New Energy Materials Co's value of 5 is 0% at this benchmark. Historically, Jiangsu HSC New Energy Materials Co's own Piotroski F-Score has ranged from 1.00 to 6.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Jiangsu HSC New Energy Materials 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 Chemicals company?
The median Piotroski F-Score among Chemicals companies is 5.00, based on 1,558 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. Jiangsu HSC New Energy Materials 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 Jiangsu HSC New Energy Materials Co and its competitors. For the Chemicals 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. Jiangsu HSC New Energy Materials Co's current Piotroski F-Score is 5, which is 67% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu HSC New Energy Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu HSC New Energy Materials Co (SHSE:688353) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥48.57, compared to a current price of ¥93.03 — trading 91.5% above its estimated fair value. The current Piotroski F-Score is 5, which is 67% above median its 10-year median of 3.00 and 0% at the Chemicals industry median of 5.00. Jiangsu HSC New Energy Materials Co's overall GF Score™ is 60/100 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 Jiangsu HSC New Energy Materials Co (SHSE:688353), the current Piotroski F-Score is 5 as of Jul. 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 Jiangsu HSC New Energy Materials Co (SHSE:688353) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu HSC New Energy Materials Co stock appears to be overvalued.
The current stock price of ¥93.03 is trading 91.5% above its estimated GF Value™ of ¥48.57.
GuruFocus considers Jiangsu HSC New Energy Materials Co to be Significantly Overvalued.
Key valuation signals for SHSE:688353:
Piotroski F-Score: 5 (67% above median its 10-year median of 3.00)
GF Value™: ¥48.57 vs. price of ¥93.03 (91.5% above fair value)
Industry Position: 0% at the Chemicals median (#702 of 1558)
No single metric tells the full story. See the SHSE:688353 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu HSC New Energy Materials Co Business Description
Jiangsu HSC New Energy Materials Co Ltd is engaged in the production and sales of lithium battery electrolyte additives. The company's products mainly include two series of electronic chemicals and special silicones. In the field of electronic chemicals, the company supplies vinylene carbonate (VC) and fluoroethylene carbonate (FEC) in the market. The products are widely used in new energy vehicles, electric two-wheelers, power tools, UPS power supplies, mobile base station power supply, photovoltaic power station, 3C products and other fields. In the field of special silicones, the company manufacturers the technology of non-phosgene production of isocyanate silanes.
60GF Score
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