SNLAY (Sino Land Co) Piotroski F-Score: 4 (As of Jun. 25, 2026) — Near Median


SNLAY Sino Land Co Ltd SNLAY
72 GF Score
Price $6.99
GF Value $4.56
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Sino Land Co Piotroski F-Score?

Sino Land Co SNLAY -0.14% 72 Piotroski F-Score is 4 as of Jun. 25, 2026, which is at its 10-year median of 4.00. GuruFocus rates SNLAY with a GF Score™ of 72/100 and a GF Value™ of $4.56 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,756 Real Estate companies, Sino Land Co ranks worse than 61.9% 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

Sino Land Co has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

SNLAY' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 4   Max: 6
Current: 4

During the past 13 years, the highest Piotroski F-Score of Sino Land Co was 6. The lowest was 4. And the median was 4.

Sino Land Co  (OTCPK:SNLAY) 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.


Sino Land Co Piotroski F-Score Related Terms


Sino Land Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Sino Land 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.

Sino Land Co Piotroski F-Score Chart

Sino Land Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 5.00 4.00 4.00 4.00

Sino Land Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 4.00 0.00 4.00 0.00

Sino Land Co Piotroski F-Score Competitor Comparison

For the Real Estate - Development subindustry, Sino Land 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.


Sino Land Co Piotroski F-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Sino Land Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Sino Land Co's Piotroski F-Score falls into.


SNLAY
72GF Score
Sino Land Co Ltd SNLAY
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 (Jun25) TTM:Last Year (Jun24) TTM:
Net Income was $512 Mil.
Cash Flow from Operations was $489 Mil.
Revenue was $1,043 Mil.
Gross Profit was $496 Mil.
Average Total Assets from the begining of this year (Jun24)
to the end of this year (Jun25) was (23091.421 + 23394.363) / 2 = $23242.892 Mil.
Total Assets at the begining of this year (Jun24) was $23,091 Mil.
Long-Term Debt & Capital Lease Obligation was $143 Mil.
Total Current Assets was $9,300 Mil.
Total Current Liabilities was $1,243 Mil.
Net Income was $564 Mil.

Revenue was $1,122 Mil.
Gross Profit was $438 Mil.
Average Total Assets from the begining of last year (Jun23)
to the end of last year (Jun24) was (22886.506 + 23091.421) / 2 = $22988.9635 Mil.
Total Assets at the begining of last year (Jun23) was $22,887 Mil.
Long-Term Debt & Capital Lease Obligation was $314 Mil.
Total Current Assets was $9,019 Mil.
Total Current Liabilities was $1,001 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.

Sino Land Co's current Net Income (TTM) was 512. ==> 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.

Sino Land Co's current Cash Flow from Operations (TTM) was 489. ==> 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 (Jun24)
=512.066/23091.421
=0.02217559

ROA (Last Year)=Net Income/Total Assets (Jun23)
=563.636/22886.506
=0.02462744

Sino Land Co's return on assets of this year was 0.02217559. Sino Land Co's return on assets of last year was 0.02462744. ==> 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.

Sino Land Co's current Net Income (TTM) was 512. Sino Land Co's current Cash Flow from Operations (TTM) was 489. ==> 489 <= 512 ==> 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: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=142.955/23242.892
=0.00615048

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=313.956/22988.9635
=0.01365681

Sino Land Co's gearing of this year was 0.00615048. Sino Land Co's gearing of last year was 0.01365681. ==> 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: Jun25)=Total Current Assets/Total Current Liabilities
=9300.385/1242.515
=7.48512895

Current Ratio (Last Year: Jun24)=Total Current Assets/Total Current Liabilities
=9018.566/1001.024
=9.00934044

Sino Land Co's current ratio of this year was 7.48512895. Sino Land Co's current ratio of last year was 9.00934044. ==> 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.

Sino Land Co's number of shares in issue this year was 1777.339. Sino Land Co's number of shares in issue last year was 1680.486. ==> 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
=496.267/1042.606
=0.47598709

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=438.028/1122.279
=0.39030223

Sino Land Co's gross margin of this year was 0.47598709. Sino Land Co's gross margin of last year was 0.39030223. ==> 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 (Jun24)
=1042.606/23091.421
=0.04515123

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=1122.279/22886.506
=0.04903671

Sino Land Co's asset turnover of this year was 0.04515123. Sino Land Co's asset turnover of last year was 0.04903671. ==> 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+0+1+0+0+1+0
=4

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

Sino Land Co has an F-score of 4 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 4 mean?
Sino Land Co (SNLAY) has a Piotroski F-Score of 4 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sino Land Co and its competitors. This is near median its historical median of 4.00. Over the past decade, Sino Land Co's Piotroski F-Score has ranged from 4.00 to 6.00. According to the industry distribution chart, Sino Land Co ranks #1087 out of 1756 companies in the Real Estate industry, placing it in the top 61.9%.
Is Sino Land Co's Piotroski F-Score too high?
Sino Land Co's current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 6.00. The Real Estate industry median Piotroski F-Score is 5.00. Sino Land Co's value of 4 is 20% below this industry median. Based on the distribution chart, Sino Land Co ranks #1087 out of 1756 companies in the Real Estate industry, which is below the industry midpoint. Overall, Sino Land Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sino Land Co's Piotroski F-Score compare to competitors?
According to the Real Estate industry distribution chart, Sino Land Co ranks #1087 out of 1756 companies for Piotroski F-Score. This places Sino Land Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Sino Land Co's value of 4 is 20% below this benchmark. Historically, Sino Land Co's own Piotroski F-Score has ranged from 4.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Sino Land Co 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 Real Estate company?
The median Piotroski F-Score among Real Estate companies is 5.00, based on 1,756 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. Sino Land Co's current Piotroski F-Score of 4 is 20% 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 Sino Land Co and its competitors. For the Real Estate 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. Sino Land Co's current Piotroski F-Score is 4, which is near 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 Sino Land Co stock overvalued right now?
Based on GuruFocus' analysis, Sino Land Co (SNLAY) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.56, compared to a current price of $6.99 — trading 53.3% above its estimated fair value. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Real Estate industry median of 5.00. Sino Land Co's overall GF Score™ is 72/100 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 Sino Land Co (SNLAY), the current Piotroski F-Score is 4 as of Jun. 25, 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 Sino Land Co (SNLAY) Overvalued in 2026?

Based on GuruFocus' analysis, Sino Land Co stock appears to be overvalued. The current stock price of $6.99 is trading 53.3% above its estimated GF Value™ of $4.56. GuruFocus considers Sino Land Co to be Significantly Overvalued.

Key valuation signals for SNLAY:

  • Piotroski F-Score: 4 (near median its 10-year median of 4.00)
  • GF Value™: $4.56 vs. price of $6.99 (53.3% above fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 20% below the Real Estate median (#1087 of 1756)

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


Sino Land Co Business Description

Address Salisbury Road, 12th Floor, Tsim Sha Tsui Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Sino Land Co Ltd is a property developer mainly engaged in residential development in Hong Kong. The company also holds a portfolio of investment properties in the city, mostly commercial properties adjoining the housing projects it built in the past. Many of its residential projects were developed in joint ventures with government-related entities such as MTR and Urban Renewal Authority. The segments of the company are Property sales, Property rental, Property management and other services, Hotel operations, and Investments in securities and financing.
72GF Score

Get the complete analysis for SNLAY

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

$6.99
Price
$4.56
GF Value