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Xiangxue Pharmaceutical Co (SZSE:300147) Piotroski F-Score : 5 (As of Mar. 02, 2025)


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What is Xiangxue Pharmaceutical 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

Xiangxue Pharmaceutical Co 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 Xiangxue Pharmaceutical Co's Piotroski F-Score or its related term are showing as below:

SZSE:300147' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 7
Current: 5

During the past 13 years, the highest Piotroski F-Score of Xiangxue Pharmaceutical Co was 7. The lowest was 3. And the median was 5.


Xiangxue Pharmaceutical Co Piotroski F-Score Historical Data

The historical data trend for Xiangxue Pharmaceutical 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.

Xiangxue Pharmaceutical Co Piotroski F-Score Chart

Xiangxue Pharmaceutical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 6.00 3.00 5.00 7.00

Xiangxue Pharmaceutical Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 7.00 7.00 5.00 6.00 5.00

Competitive Comparison of Xiangxue Pharmaceutical Co's Piotroski F-Score

For the Biotechnology subindustry, Xiangxue Pharmaceutical 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.


Xiangxue Pharmaceutical Co's Piotroski F-Score Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Xiangxue Pharmaceutical Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Xiangxue Pharmaceutical 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 (Sep24) TTM:Last Year (Sep23) TTM:
Net Income was -242.891 + -35.66 + -99.561 + -82.577 = ¥-461 Mil.
Cash Flow from Operations was 71.473 + 25.814 + -32.449 + -29.53 = ¥35 Mil.
Revenue was 571.106 + 568.857 + 527.686 + 437.017 = ¥2,105 Mil.
Gross Profit was 165.491 + 203.807 + 158.598 + 114.527 = ¥642 Mil.
Average Total Assets from the begining of this year (Sep23)
to the end of this year (Sep24) was
(8468.878 + 8280.63 + 8240.218 + 8116.268 + 8054.105) / 5 = ¥8232.0198 Mil.
Total Assets at the begining of this year (Sep23) was ¥8,469 Mil.
Long-Term Debt & Capital Lease Obligation was ¥612 Mil.
Total Current Assets was ¥1,858 Mil.
Total Current Liabilities was ¥5,157 Mil.
Net Income was -231.399 + 4.537 + -70.53 + -80.08 = ¥-377 Mil.

Revenue was 441.469 + 588.725 + 612.628 + 526.829 = ¥2,170 Mil.
Gross Profit was 114.878 + 233.771 + 213.96 + 176.544 = ¥739 Mil.
Average Total Assets from the begining of last year (Sep22)
to the end of last year (Sep23) was
(9334.274 + 8642.021 + 8602.459 + 8493.36 + 8468.878) / 5 = ¥8708.1984 Mil.
Total Assets at the begining of last year (Sep22) was ¥9,334 Mil.
Long-Term Debt & Capital Lease Obligation was ¥828 Mil.
Total Current Assets was ¥1,889 Mil.
Total Current Liabilities was ¥4,802 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.

Xiangxue Pharmaceutical Co's current Net Income (TTM) was -461. ==> 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.

Xiangxue Pharmaceutical Co's current Cash Flow from Operations (TTM) was 35. ==> 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)
=-460.689/8468.878
=-0.05439788

ROA (Last Year)=Net Income/Total Assets (Sep22)
=-377.472/9334.274
=-0.04043935

Xiangxue Pharmaceutical Co's return on assets of this year was -0.05439788. Xiangxue Pharmaceutical Co's return on assets of last year was -0.04043935. ==> 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.

Xiangxue Pharmaceutical Co's current Net Income (TTM) was -461. Xiangxue Pharmaceutical Co's current Cash Flow from Operations (TTM) was 35. ==> 35 > -461 ==> 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
=612.394/8232.0198
=0.07439171

Gearing (Last Year: Sep23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep22 to Sep23
=828.317/8708.1984
=0.09511922

Xiangxue Pharmaceutical Co's gearing of this year was 0.07439171. Xiangxue Pharmaceutical Co's gearing of last year was 0.09511922. ==> 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: Sep24)=Total Current Assets/Total Current Liabilities
=1857.554/5156.548
=0.36023208

Current Ratio (Last Year: Sep23)=Total Current Assets/Total Current Liabilities
=1888.651/4802.199
=0.39328878

Xiangxue Pharmaceutical Co's current ratio of this year was 0.36023208. Xiangxue Pharmaceutical Co's current ratio of last year was 0.39328878. ==> 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.

Xiangxue Pharmaceutical Co's number of shares in issue this year was 627.769. Xiangxue Pharmaceutical Co's number of shares in issue last year was 672.037. ==> 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
=642.423/2104.666
=0.30523751

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=739.153/2169.651
=0.34067829

Xiangxue Pharmaceutical Co's gross margin of this year was 0.30523751. Xiangxue Pharmaceutical Co's gross margin of last year was 0.34067829. ==> 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 (Sep23)
=2104.666/8468.878
=0.24851769

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep22)
=2169.651/9334.274
=0.23243918

Xiangxue Pharmaceutical Co's asset turnover of this year was 0.24851769. Xiangxue Pharmaceutical Co's asset turnover of last year was 0.23243918. ==> 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+1+0+1+1+0+1+0+1
=5

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

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

Xiangxue Pharmaceutical Co  (SZSE:300147) 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.


Xiangxue Pharmaceutical Co Piotroski F-Score Related Terms

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Xiangxue Pharmaceutical Co Business Description

Traded in Other Exchanges
N/A
Address
No 2 Jinfeng Road , Science City, Guangzhou Economic and Technological Development Z, Guangzhou, CHN, 510663
Xiangxue Pharmaceutical Co Ltd is a China-based company engages in the manufacture and distribution of pharmaceutical products. Its diversified healthcare portfolio includes Chinese Herbal Slices, TCM, Life Science, Biomedical Engineering health solutions (food and beverage), healthcare supplements and so on.
Executives
Huang Wei Hua Supervisors
Tan Wen Hui Director
Kang Zhi Ying Executives
Ceng Lun Executives
Liu Yan Executives
Lu Feng Executives
Xu Li Secretary, Director
Mo Zi Yu Supervisors
Mai Zhen Jiang Supervisors
Wang Yong Hui Directors, executives
He Tao Executives
Fang Wei Min Supervisors
Huang Bin Directors, Directors, and Executives
Wu Jun Executives
Chen Wen Jin Executives

Xiangxue Pharmaceutical Co Headlines

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