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Sichuan Crun Co (SZSE:002272) Piotroski F-Score : 3 (As of Jul. 16, 2025)


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What is Sichuan Crun Co Piotroski F-Score?

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Sichuan Crun Co has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

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

SZSE:002272' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 9
Current: 3

During the past 13 years, the highest Piotroski F-Score of Sichuan Crun Co was 9. The lowest was 1. And the median was 4.


Sichuan Crun Co Piotroski F-Score Historical Data

The historical data trend for Sichuan Crun 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.

Sichuan Crun Co Piotroski F-Score Chart

Sichuan Crun Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 1.00 3.00 4.00 2.00

Sichuan Crun Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.00 3.00 1.00 2.00 3.00

Competitive Comparison of Sichuan Crun Co's Piotroski F-Score

For the Specialty Industrial Machinery subindustry, Sichuan Crun 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.


Sichuan Crun Co's Piotroski F-Score Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sichuan Crun Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Sichuan Crun Co'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 (Mar25) TTM:Last Year (Mar24) TTM:
Net Income was -38.686 + 25.598 + -84.691 + -27.985 = ¥-126 Mil.
Cash Flow from Operations was 9.414 + -52.003 + 40.957 + -16.091 = ¥-18 Mil.
Revenue was 357.758 + 558.032 + 396.027 + 312.027 = ¥1,624 Mil.
Gross Profit was 75.465 + 126.565 + 35.03 + 42.177 = ¥279 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was
(3495.872 + 3464.053 + 3551.78 + 3297.516 + 3378.904) / 5 = ¥3437.625 Mil.
Total Assets at the begining of this year (Mar24) was ¥3,496 Mil.
Long-Term Debt & Capital Lease Obligation was ¥283 Mil.
Total Current Assets was ¥2,126 Mil.
Total Current Liabilities was ¥1,493 Mil.
Net Income was -11.485 + -5.946 + -38.955 + -17.91 = ¥-74 Mil.

Revenue was 432.115 + 447.096 + 429.181 + 285.112 = ¥1,594 Mil.
Gross Profit was 76.259 + 82.758 + 36.191 + 46.071 = ¥241 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was
(3353.113 + 3512.215 + 3324.971 + 3271.535 + 3495.872) / 5 = ¥3391.5412 Mil.
Total Assets at the begining of last year (Mar23) was ¥3,353 Mil.
Long-Term Debt & Capital Lease Obligation was ¥406 Mil.
Total Current Assets was ¥2,296 Mil.
Total Current Liabilities was ¥1,347 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.

Sichuan Crun Co's current Net Income (TTM) was -126. ==> Negative ==> Score 0.

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.

Sichuan Crun Co's current Cash Flow from Operations (TTM) was -18. ==> 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 (Mar24)
=-125.764/3495.872
=-0.035975

ROA (Last Year)=Net Income/Total Assets (Mar23)
=-74.296/3353.113
=-0.02215732

Sichuan Crun Co's return on assets of this year was -0.035975. Sichuan Crun Co's return on assets of last year was -0.02215732. ==> 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.

Sichuan Crun Co's current Net Income (TTM) was -126. Sichuan Crun Co's current Cash Flow from Operations (TTM) was -18. ==> -18 > -126 ==> 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: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=282.798/3437.625
=0.08226552

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=405.907/3391.5412
=0.11968217

Sichuan Crun Co's gearing of this year was 0.08226552. Sichuan Crun Co's gearing of last year was 0.11968217. ==> 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: Mar25)=Total Current Assets/Total Current Liabilities
=2126.142/1493.111
=1.42396781

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=2296.345/1347.014
=1.70476699

Sichuan Crun Co's current ratio of this year was 1.42396781. Sichuan Crun Co's current ratio of last year was 1.70476699. ==> 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.

Sichuan Crun Co's number of shares in issue this year was 485.01. Sichuan Crun Co's number of shares in issue last year was 434.71. ==> 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
=279.237/1623.844
=0.17196048

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=241.279/1593.504
=0.15141412

Sichuan Crun Co's gross margin of this year was 0.17196048. Sichuan Crun Co's gross margin of last year was 0.15141412. ==> 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 (Mar24)
=1623.844/3495.872
=0.46450328

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=1593.504/3353.113
=0.47523123

Sichuan Crun Co's asset turnover of this year was 0.46450328. Sichuan Crun Co's asset turnover of last year was 0.47523123. ==> 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
=0+0+0+1+1+0+0+1+0
=3

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

Sichuan Crun Co has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Sichuan Crun Co  (SZSE:002272) 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.


Sichuan Crun Co Piotroski F-Score Related Terms

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Sichuan Crun Co Business Description

Traded in Other Exchanges
N/A
Address
No. 85, Gangbei 6th Road, Modern Industrial Port, Pi County, Chengdu, CHN, 611743
Sichuan Crun Co Ltd is a China-based company engaged in research, development, production and sale of industrial lubrication and hydraulic systems, boiler components, and heavy pressure vessels. The company operates mainly in domestic markets.
Executives
Luo Li Hua Director
Li Hui Directors, executives
Rao Hong Secretary Dong
Mou Yin Bing Executives
Wang Hui Executives
Zhong Hai Hui Directors, executives
Luo Yong Zhong Director
Gao Huan Executives
Wang Xue Wei Supervisors
Ceng Jin Shan Executives
Yi Dong Sheng Executives
Yao Gang Independent director
Zhong Li Gang Director
Fu Xiao Fei Directors, executives
Luo Quan Supervisors

Sichuan Crun Co Headlines

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