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DiDi Global (STU:92S) Piotroski F-Score : N/A (As of Apr. 04, 2025)


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What is DiDi Global 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

DiDi Global 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 DiDi Global's Piotroski F-Score or its related term are showing as below:

During the past 6 years, the highest Piotroski F-Score of DiDi Global was 5. The lowest was 4. And the median was 4.


DiDi Global Piotroski F-Score Historical Data

The historical data trend for DiDi Global'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.

DiDi Global Piotroski F-Score Chart

DiDi Global Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
Get a 7-Day Free Trial N/A N/A 4.00 N/A 4.00

DiDi Global Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 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 N/A 4.00 4.00 N/A N/A

Competitive Comparison of DiDi Global's Piotroski F-Score

For the Software - Application subindustry, DiDi Global'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.


DiDi Global's Piotroski F-Score Distribution in the Software Industry

For the Software industry and Technology sector, DiDi Global's Piotroski F-Score distribution charts can be found below:

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


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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 (Sep24) TTM:Last Year (Sep23) TTM:
Net Income was 138.445 + -138.61 + 216.541 + 118.291 = €335 Mil.
Cash Flow from Operations was 234.124 + -19.674 + 430.136 + 243.204 = €888 Mil.
Revenue was 6346.772 + 6269.005 + 6513.385 + 6869.425 = €25,999 Mil.
Gross Profit was 999.168 + 1074.004 + 1214.217 + 1306.425 = €4,594 Mil.
Average Total Assets from the begining of this year (Sep23)
to the end of this year (Sep24) was
(0 + 18471.317 + 18178.479 + 18219.397 + 17885.92) / 5 = €18188.77825 Mil.
Total Assets at the begining of this year (Sep23) was €0 Mil.
Long-Term Debt & Capital Lease Obligation was €163 Mil.
Total Current Assets was €8,206 Mil.
Total Current Liabilities was €5,110 Mil.
Net Income was -96.002 + -125.782 + -2.707 + -36.464 = €-261 Mil.

Revenue was 4307.219 + 5789.23 + 6295.795 + 6599.534 = €22,992 Mil.
Gross Profit was 770.723 + 842.117 + 956.072 + 1032.281 = €3,601 Mil.
Average Total Assets from the begining of last year (Jun22)
to the end of last year (Sep23) was
(0 + 17766.876 + 17722.944 + 17645.702 + 0) / 5 = €17711.84066667 Mil.
Total Assets at the begining of last year (Jun22) was €0 Mil.
Long-Term Debt & Capital Lease Obligation was €0 Mil.
Total Current Assets was €0 Mil.
Total Current Liabilities was €0 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.

DiDi Global's current Net Income (TTM) was 335. ==> 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.

DiDi Global's current Cash Flow from Operations (TTM) was 888. ==> 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 (Sep23)
=334.667/0
=

ROA (Last Year)=Net Income/Total Assets (Jun22)
=-260.955/0
=

DiDi Global's return on assets of this year was . DiDi Global'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.

DiDi Global's current Net Income (TTM) was 335. DiDi Global's current Cash Flow from Operations (TTM) was 888. ==> 888 > 335 ==> 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: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=162.603/18188.77825
=0.00893974

Gearing (Last Year: Sep23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun22 to Sep23
=0/17711.84066667
=0

DiDi Global's gearing of this year was 0.00893974. DiDi Global's gearing of last year was 0. ==> 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: Sep24)=Total Current Assets/Total Current Liabilities
=8206.154/5109.572
=1.6060355

Current Ratio (Last Year: Sep23)=Total Current Assets/Total Current Liabilities
=0/0
=

DiDi Global's current ratio of this year was 1.6060355. DiDi Global's current ratio of last year was . ==> 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.

DiDi Global's number of shares in issue this year was 4972.807. DiDi Global's number of shares in issue last year was 4905.768. ==> 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
=4593.814/25998.587
=0.17669476

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=3601.193/22991.778
=0.1566296

DiDi Global's gross margin of this year was 0.17669476. DiDi Global's gross margin of last year was 0.1566296. ==> 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)
=25998.587/0
=

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun22)
=22991.778/0
=

DiDi Global's asset turnover of this year was . DiDi Global'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+1+0+1+0+1+0+1+0
=5

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

DiDi Global has an F-score of 5 indicating the company's financial situation is typical for a stable company.

DiDi Global  (STU:92S) 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.


DiDi Global Piotroski F-Score Related Terms

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DiDi Global Business Description

Traded in Other Exchanges
Address
North Ring Road, Tangjialing, Building 1, Yard 6, Haidian District, Beijing, CHN
DiDi Global Inc is a mobility technology platform that provides a range of mobility services as well as other services. It is building four key components of its platform that work together to improve the consumer experience: shared mobility; energy and vehicle services; electric mobility; and autonomous driving. It is a go-to brand in China for shared mobility, providing consumers with a range of safe, affordable, and convenient mobility services, including ride-hailing, taxi-hailing, chauffeur, hitch, and other forms of shared mobility. The company operates in three segments: China Mobility, which mainly includes ride-hailing services to riders, and also acts as an agent by connecting end-users to service providers who provide taxi hailing; International; and Other Initiatives.

DiDi Global Headlines

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