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Shengshi Elevator International Holding Group (OTCPK:SSDT) Piotroski F-Score

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The zones of discrimination were as such:

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

Shengshi Elevator International Holding Group 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 Shengshi Elevator International Holding Group's Piotroski F-Score or its related term are showing as below:

During the past 5 years, the highest Piotroski F-Score of Shengshi Elevator International Holding Group was 9999. The lowest was 1. And the median was 1.


Shengshi Elevator International Holding Group (OTCPK:SSDT) Piotroski F-Score Historical Data

The historical data trend for Shengshi Elevator International Holding Group'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.

Shengshi Elevator International Holding Group Annual Data
Trend Jun17 Jun18 Jun19 Dec20 Dec21
Piotroski F-Score N/A N/A 2.00 N/A N/A

Shengshi Elevator International Holding Group Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Piotroski F-Score 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 Premium Member Only Premium Member Only Premium Member Only N/A N/A N/A N/A N/A

Shengshi Elevator International Holding Group (OTCPK:SSDT) Piotroski F-Score Competitive Comparison

For the Shell Companies subindustry, Shengshi Elevator International Holding Group'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.

   

Shengshi Elevator International Holding Group (OTCPK:SSDT) Piotroski F-Score Distribution

For the Diversified Financial Services industry and Financial Services sector, Shengshi Elevator International Holding Group's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Shengshi Elevator International Holding Group'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 (Sep22) TTM:Last Year (Sep21) TTM:
Net Income was -0.001 + -0.03 + -0.009 + 8.325 = $8.29 Mil.
Cash Flow from Operations was 0 + -0.032 + -0.011 + -0.006 = $-0.05 Mil.
Revenue was 0 + 0 + 0 + 0 = $0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = $0.00 Mil.
Average Total Assets from the begining of this year (Sep21)
to the end of this year (Sep22) was
(0 + 0 + 0.01 + 0.009 + 0.009) / 5 = $0.00933333 Mil.
Total Assets at the begining of this year (Sep21) was $0.00 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $0.01 Mil.
Total Current Liabilities was $0.06 Mil.
Net Income was -1.549 + -0.002 + -0.004 + -0.276 = $-1.83 Mil.

Revenue was 0 + 0 + 0 + 0 = $0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = $0.00 Mil.
Average Total Assets from the begining of last year (Sep20)
to the end of last year (Sep21) was
(0 + 0 + 0 + 0 + 0) / 5 = $0 Mil.
Total Assets at the begining of last year (Sep20) was $0.00 Mil.
Long-Term Debt & Capital Lease Obligation was $0.73 Mil.
Total Current Assets was $0.00 Mil.
Total Current Liabilities was $7.54 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.

Shengshi Elevator International Holding Group's current Net Income (TTM) was 8.29. ==> 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.

Shengshi Elevator International Holding Group's current Cash Flow from Operations (TTM) was -0.05. ==> 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 (Sep21)
=8.285/0
=

ROA (Last Year)=Net Income/Total Assets (Sep20)
=-1.831/0
=

Shengshi Elevator International Holding Group's return on assets of this year was . Shengshi Elevator International Holding Group's return on assets of last year was . ==> 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.

Shengshi Elevator International Holding Group's current Net Income (TTM) was 8.29. Shengshi Elevator International Holding Group's current Cash Flow from Operations (TTM) was -0.05. ==> -0.05 <= 8.29 ==> 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: Sep22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep21 to Sep22
=0/0.00933333
=0

Gearing (Last Year: Sep21)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep20 to Sep21
=0.732/0
=

Shengshi Elevator International Holding Group's gearing of this year was 0. Shengshi Elevator International Holding Group's gearing of last year was . ==> 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: Sep22)=Total Current Assets/Total Current Liabilities
=0.009/0.057
=0.15789474

Current Ratio (Last Year: Sep21)=Total Current Assets/Total Current Liabilities
=0/7.537
=0

Shengshi Elevator International Holding Group's current ratio of this year was 0.15789474. Shengshi Elevator International Holding Group's current ratio of last year was 0. ==> 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.

Shengshi Elevator International Holding Group's number of shares in issue this year was 603.97. Shengshi Elevator International Holding Group's number of shares in issue last year was 603.97. ==> 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
=0/0
=

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0/0
=

Shengshi Elevator International Holding Group's gross margin of this year was . Shengshi Elevator International Holding Group's gross margin of last year was . ==> 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

Shengshi Elevator International Holding Group's asset turnover of this year was . Shengshi Elevator International Holding Group's asset turnover of last year was . ==> 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+0+0+1+1+1+0+0
=4

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

Shengshi Elevator International Holding Group has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Shengshi Elevator International Holding Group  (OTCPK:SSDT) 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.


Shengshi Elevator International Holding Group Piotroski F-Score Related Terms

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Shengshi Elevator International Holding Group (OTCPK:SSDT) Business Description

Shengshi Elevator International Holding Group logo
Traded in Other Exchanges
N/A
Address
1185 Avenue of the Americas, 3rd Floor, New York, NY, USA, 10036
Shengshi Elevator International Holding Group Inc is a shell company.

Shengshi Elevator International Holding Group (OTCPK:SSDT) Headlines

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