GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Tianyu Digital Technology (Dalian) Group Co Ltd (SZSE:002354) » Definitions » Piotroski F-Score

Tianyu Digital Technology (Dalian) Group Co (SZSE:002354) Piotroski F-Score : 4 (As of Apr. 26, 2025)


View and export this data going back to 2010. Start your Free Trial

What is Tianyu Digital Technology (Dalian) Group 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

Tianyu Digital Technology (Dalian) Group 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 Tianyu Digital Technology (Dalian) Group Co's Piotroski F-Score or its related term are showing as below:

SZSE:002354' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 6
Current: 4

During the past 13 years, the highest Piotroski F-Score of Tianyu Digital Technology (Dalian) Group Co was 6. The lowest was 2. And the median was 4.


Tianyu Digital Technology (Dalian) Group Co Piotroski F-Score Historical Data

The historical data trend for Tianyu Digital Technology (Dalian) Group 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.

Tianyu Digital Technology (Dalian) Group Co Piotroski F-Score Chart

Tianyu Digital Technology (Dalian) Group 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 6.00 5.00 3.00 4.00 5.00

Tianyu Digital Technology (Dalian) Group 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 5.00 5.00 4.00

Competitive Comparison of Tianyu Digital Technology (Dalian) Group Co's Piotroski F-Score

For the Electronic Gaming & Multimedia subindustry, Tianyu Digital Technology (Dalian) Group 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.


Tianyu Digital Technology (Dalian) Group Co's Piotroski F-Score Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Tianyu Digital Technology (Dalian) Group Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Tianyu Digital Technology (Dalian) Group 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 (Mar25) TTM:Last Year (Mar24) TTM:
Net Income was -19.985 + -1.903 + -109.366 + 5.242 = ¥-126 Mil.
Cash Flow from Operations was 15.207 + 0.888 + -53.145 + -0.716 = ¥-38 Mil.
Revenue was 391.906 + 438.604 + 378.243 + 485.004 = ¥1,694 Mil.
Gross Profit was 73.504 + 80.779 + 99.271 + 87.992 = ¥342 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was
(2073.381 + 1970.573 + 1870.463 + 1765.842 + 1831.284) / 5 = ¥1902.3086 Mil.
Total Assets at the begining of this year (Mar24) was ¥2,073 Mil.
Long-Term Debt & Capital Lease Obligation was ¥20 Mil.
Total Current Assets was ¥1,010 Mil.
Total Current Liabilities was ¥554 Mil.
Net Income was 2.278 + 1.062 + -1100.624 + 13.307 = ¥-1,084 Mil.

Revenue was 527.722 + 354.92 + 404.596 + 369.822 = ¥1,657 Mil.
Gross Profit was 90.675 + 104.093 + 109.657 + 108.043 = ¥412 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was
(2878.482 + 3028.744 + 3005.299 + 2023.376 + 2073.381) / 5 = ¥2601.8564 Mil.
Total Assets at the begining of last year (Mar23) was ¥2,878 Mil.
Long-Term Debt & Capital Lease Obligation was ¥11 Mil.
Total Current Assets was ¥935 Mil.
Total Current Liabilities was ¥486 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.

Tianyu Digital Technology (Dalian) Group 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.

Tianyu Digital Technology (Dalian) Group Co's current Cash Flow from Operations (TTM) was -38. ==> 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)
=-126.012/2073.381
=-0.06077609

ROA (Last Year)=Net Income/Total Assets (Mar23)
=-1083.977/2878.482
=-0.37657939

Tianyu Digital Technology (Dalian) Group Co's return on assets of this year was -0.06077609. Tianyu Digital Technology (Dalian) Group Co's return on assets of last year was -0.37657939. ==> 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.

Tianyu Digital Technology (Dalian) Group Co's current Net Income (TTM) was -126. Tianyu Digital Technology (Dalian) Group Co's current Cash Flow from Operations (TTM) was -38. ==> -38 > -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
=19.629/1902.3086
=0.01031852

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=11.052/2601.8564
=0.00424774

Tianyu Digital Technology (Dalian) Group Co's gearing of this year was 0.01031852. Tianyu Digital Technology (Dalian) Group Co's gearing of last year was 0.00424774. ==> 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: Mar25)=Total Current Assets/Total Current Liabilities
=1009.776/553.591
=1.82404699

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=934.98/485.735
=1.92487673

Tianyu Digital Technology (Dalian) Group Co's current ratio of this year was 1.82404699. Tianyu Digital Technology (Dalian) Group Co's current ratio of last year was 1.92487673. ==> 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.

Tianyu Digital Technology (Dalian) Group Co's number of shares in issue this year was 1638.021. Tianyu Digital Technology (Dalian) Group Co's number of shares in issue last year was 1663.329. ==> 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
=341.546/1693.757
=0.20164994

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=412.468/1657.06
=0.24891555

Tianyu Digital Technology (Dalian) Group Co's gross margin of this year was 0.20164994. Tianyu Digital Technology (Dalian) Group Co's gross margin of last year was 0.24891555. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar24)
=1693.757/2073.381
=0.81690582

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=1657.06/2878.482
=0.57567148

Tianyu Digital Technology (Dalian) Group Co's asset turnover of this year was 0.81690582. Tianyu Digital Technology (Dalian) Group Co's asset turnover of last year was 0.57567148. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+0+1+1+0+0+1+0+1
=4

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

Tianyu Digital Technology (Dalian) Group Co has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Tianyu Digital Technology (Dalian) Group Co  (SZSE:002354) 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.


Tianyu Digital Technology (Dalian) Group Co Piotroski F-Score Related Terms

Thank you for viewing the detailed overview of Tianyu Digital Technology (Dalian) Group Co's Piotroski F-Score provided by GuruFocus.com. Please click on the following links to see related term pages.


Tianyu Digital Technology (Dalian) Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 31 Zhifu Street, Unit 905, Zhongshan District, Liaoning Province, Dalian, CHN, 100123
Tianyu Digital Technology (Dalian) Group Co Ltd develops and publishes online games. It offers various games such as Changfei Change, Dream Q Immortal, The People's Destruction of God, and Variety of Changes.
Executives
Shi Bo Tao Directors, executives
Shen Xue Lian Director
Gong Jiao Executives
Zhu Ye Directors, executives
Yin Chun Fen Directors, executives
Sun Jun Executives
Meng Xiang Dong Director
Shen Yan Ling Executives

Tianyu Digital Technology (Dalian) Group Co Headlines

No Headlines