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Beijing Yupont Electric Power Technology Co (SHSE:688597) Piotroski F-Score : 5 (As of Dec. 14, 2024)


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What is Beijing Yupont Electric Power Technology Co Piotroski F-Score?

The zones of discrimination were as such:

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

Beijing Yupont Electric Power Technology 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 Beijing Yupont Electric Power Technology Co's Piotroski F-Score or its related term are showing as below:

SHSE:688597' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 8
Current: 5

During the past 10 years, the highest Piotroski F-Score of Beijing Yupont Electric Power Technology Co was 8. The lowest was 4. And the median was 5.


Beijing Yupont Electric Power Technology Co Piotroski F-Score Historical Data

The historical data trend for Beijing Yupont Electric Power 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.

* Premium members only.

Beijing Yupont Electric Power Technology Co Piotroski F-Score Chart

Beijing Yupont Electric Power Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A 7.00 6.00 6.00 4.00

Beijing Yupont Electric Power Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.00 4.00 8.00 5.00

Competitive Comparison of Beijing Yupont Electric Power Technology Co's Piotroski F-Score

For the Electrical Equipment & Parts subindustry, Beijing Yupont Electric Power 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.


Beijing Yupont Electric Power Technology Co's Piotroski F-Score Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing Yupont Electric Power Technology Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Beijing Yupont Electric Power Technology Co's Piotroski F-Score falls into.


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 (Sep24) TTM:Last Year (Sep23) TTM:
Net Income was 21.536 + -7.9 + 46.642 + 19.262 = ¥79.5 Mil.
Cash Flow from Operations was 58.435 + -15.699 + 3.008 + -91.135 = ¥-45.4 Mil.
Revenue was 184.419 + 95.37 + 257.173 + 189.637 = ¥726.6 Mil.
Gross Profit was 69.827 + 30.625 + 108.966 + 69.615 = ¥279.0 Mil.
Average Total Assets from the begining of this year (Sep23)
to the end of this year (Sep24) was
(1647.569 + 1789.374 + 1615.187 + 1727.132 + 1685.828) / 5 = ¥1693.018 Mil.
Total Assets at the begining of this year (Sep23) was ¥1,647.6 Mil.
Long-Term Debt & Capital Lease Obligation was ¥426.3 Mil.
Total Current Assets was ¥1,130.4 Mil.
Total Current Liabilities was ¥402.2 Mil.
Net Income was 21.644 + -5.103 + 9.528 + 11.678 = ¥37.7 Mil.

Revenue was 255.746 + 70.14 + 142.639 + 164.591 = ¥633.1 Mil.
Gross Profit was 92.906 + 26.673 + 52.433 + 54.572 = ¥226.6 Mil.
Average Total Assets from the begining of last year (Sep22)
to the end of last year (Sep23) was
(1233.619 + 1418.607 + 1293.067 + 1265.597 + 1647.569) / 5 = ¥1371.6918 Mil.
Total Assets at the begining of last year (Sep22) was ¥1,233.6 Mil.
Long-Term Debt & Capital Lease Obligation was ¥413.5 Mil.
Total Current Assets was ¥1,178.6 Mil.
Total Current Liabilities was ¥320.8 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.

Beijing Yupont Electric Power Technology Co's current Net Income (TTM) was 79.5. ==> 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.

Beijing Yupont Electric Power Technology Co's current Cash Flow from Operations (TTM) was -45.4. ==> 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.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Sep23)
=79.54/1647.569
=0.04827719

ROA (Last Year)=Net Income/Total Assets (Sep22)
=37.747/1233.619
=0.03059859

Beijing Yupont Electric Power Technology Co's return on assets of this year was 0.04827719. Beijing Yupont Electric Power Technology Co's return on assets of last year was 0.03059859. ==> 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.

Beijing Yupont Electric Power Technology Co's current Net Income (TTM) was 79.5. Beijing Yupont Electric Power Technology Co's current Cash Flow from Operations (TTM) was -45.4. ==> -45.4 <= 79.5 ==> CFROA <= ROA ==> Score 0.

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: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=426.348/1693.018
=0.25182721

Gearing (Last Year: Sep23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep22 to Sep23
=413.534/1371.6918
=0.30147734

Beijing Yupont Electric Power Technology Co's gearing of this year was 0.25182721. Beijing Yupont Electric Power Technology Co's gearing of last year was 0.30147734. ==> 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: Sep24)=Total Current Assets/Total Current Liabilities
=1130.363/402.165
=2.81069462

Current Ratio (Last Year: Sep23)=Total Current Assets/Total Current Liabilities
=1178.636/320.781
=3.67426998

Beijing Yupont Electric Power Technology Co's current ratio of this year was 2.81069462. Beijing Yupont Electric Power Technology Co's current ratio of last year was 3.67426998. ==> 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.

Beijing Yupont Electric Power Technology Co's number of shares in issue this year was 240.262. Beijing Yupont Electric Power Technology Co's number of shares in issue last year was 247.586. ==> 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
=279.033/726.599
=0.38402613

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=226.584/633.116
=0.35788702

Beijing Yupont Electric Power Technology Co's gross margin of this year was 0.38402613. Beijing Yupont Electric Power Technology Co's gross margin of last year was 0.35788702. ==> 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 (Sep23)
=726.599/1647.569
=0.44101279

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep22)
=633.116/1233.619
=0.51321842

Beijing Yupont Electric Power Technology Co's asset turnover of this year was 0.44101279. Beijing Yupont Electric Power Technology Co's asset turnover of last year was 0.51321842. ==> 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+0+1+0+1+0+1+1+0
=5

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

Beijing Yupont Electric Power Technology Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Beijing Yupont Electric Power Technology Co  (SHSE:688597) 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.


Beijing Yupont Electric Power Technology Co Piotroski F-Score Related Terms

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Beijing Yupont Electric Power Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 38, Yong'an Road, Building 3, Science Park, Changping District, Beijing, CHN, 100020
Beijing Yupont Electric Power Technology Co Ltd is engaged in the research and development, production and sales of smart power products such as smart meters and power consumption information collection terminals, and provide smart inspection services and information technology services.
Executives
Ji Song Tao Directors, senior managers
Zhou De Qin Director
Huang Chao Hua Directors, senior managers, core technical personn

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