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Shenzhen Jiang&Associates Creative Design Co (SZSE:300668) Piotroski F-Score : 1 (As of Apr. 22, 2025)


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What is Shenzhen Jiang&Associates Creative Design Co Piotroski F-Score?

Warning Sign:

Piotroski F-Score of 1 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

Shenzhen Jiang&Associates Creative Design 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 Shenzhen Jiang&Associates Creative Design Co's Piotroski F-Score or its related term are showing as below:

SZSE:300668' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 4   Max: 7
Current: 1

During the past 12 years, the highest Piotroski F-Score of Shenzhen Jiang&Associates Creative Design Co was 7. The lowest was 1. And the median was 4.


Shenzhen Jiang&Associates Creative Design Co Piotroski F-Score Historical Data

The historical data trend for Shenzhen Jiang&Associates Creative Design 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.

Shenzhen Jiang&Associates Creative Design Co Piotroski F-Score Chart

Shenzhen Jiang&Associates Creative Design 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 5.00 6.00 3.00 -

Shenzhen Jiang&Associates Creative Design 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 2.00 2.00 1.00 - -

Competitive Comparison of Shenzhen Jiang&Associates Creative Design Co's Piotroski F-Score

For the Engineering & Construction subindustry, Shenzhen Jiang&Associates Creative Design 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.


Shenzhen Jiang&Associates Creative Design Co's Piotroski F-Score Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shenzhen Jiang&Associates Creative Design Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Shenzhen Jiang&Associates Creative Design 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 11.835 + 7.56 + -22.468 + -1.62 = ¥-4.7 Mil.
Cash Flow from Operations was 11.811 + 1.973 + -5.216 + 35.533 = ¥44.1 Mil.
Revenue was 157.814 + 157.923 + 171.383 + 88.791 = ¥575.9 Mil.
Gross Profit was 50.89 + 44.063 + 36.268 + 8.656 = ¥139.9 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was
(1181.055 + 1152.233 + 1161.773 + 1170.202 + 1098.668) / 5 = ¥1152.7862 Mil.
Total Assets at the begining of this year (Mar24) was ¥1,181.1 Mil.
Long-Term Debt & Capital Lease Obligation was ¥12.2 Mil.
Total Current Assets was ¥913.2 Mil.
Total Current Liabilities was ¥331.9 Mil.
Net Income was 24.586 + 19.638 + 7.278 + -8.922 = ¥42.6 Mil.

Revenue was 192.204 + 224.256 + 222.625 + 98.805 = ¥737.9 Mil.
Gross Profit was 67.605 + 76.323 + 56.526 + 14.07 = ¥214.5 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was
(935.881 + 1020.278 + 1121.039 + 1178.78 + 1181.055) / 5 = ¥1087.4066 Mil.
Total Assets at the begining of last year (Mar23) was ¥935.9 Mil.
Long-Term Debt & Capital Lease Obligation was ¥26.7 Mil.
Total Current Assets was ¥973.9 Mil.
Total Current Liabilities was ¥368.0 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.

Shenzhen Jiang&Associates Creative Design Co's current Net Income (TTM) was -4.7. ==> 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.

Shenzhen Jiang&Associates Creative Design Co's current Cash Flow from Operations (TTM) was 44.1. ==> 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 (Mar24)
=-4.693/1181.055
=-0.00397357

ROA (Last Year)=Net Income/Total Assets (Mar23)
=42.58/935.881
=0.04549724

Shenzhen Jiang&Associates Creative Design Co's return on assets of this year was -0.00397357. Shenzhen Jiang&Associates Creative Design Co's return on assets of last year was 0.04549724. ==> 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.

Shenzhen Jiang&Associates Creative Design Co's current Net Income (TTM) was -4.7. Shenzhen Jiang&Associates Creative Design Co's current Cash Flow from Operations (TTM) was 44.1. ==> 44.1 > -4.7 ==> 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
=12.171/1152.7862
=0.0105579

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=26.676/1087.4066
=0.02453176

Shenzhen Jiang&Associates Creative Design Co's gearing of this year was 0.0105579. Shenzhen Jiang&Associates Creative Design Co's gearing of last year was 0.02453176. ==> 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
=913.247/331.92
=2.75140697

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=973.935/367.98
=2.64670634

Shenzhen Jiang&Associates Creative Design Co's current ratio of this year was 2.75140697. Shenzhen Jiang&Associates Creative Design Co's current ratio of last year was 2.64670634. ==> 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.

Shenzhen Jiang&Associates Creative Design Co's number of shares in issue this year was 119.984. Shenzhen Jiang&Associates Creative Design Co's number of shares in issue last year was 123.228. ==> 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
=139.877/575.911
=0.24287954

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=214.524/737.89
=0.29072626

Shenzhen Jiang&Associates Creative Design Co's gross margin of this year was 0.24287954. Shenzhen Jiang&Associates Creative Design Co's gross margin of last year was 0.29072626. ==> 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)
=575.911/1181.055
=0.4876242

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=737.89/935.881
=0.78844426

Shenzhen Jiang&Associates Creative Design Co's asset turnover of this year was 0.4876242. Shenzhen Jiang&Associates Creative Design Co's asset turnover of last year was 0.78844426. ==> 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+1+0+1+1+1+1+0+0
=5

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

Shenzhen Jiang&Associates Creative Design Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Shenzhen Jiang&Associates Creative Design Co  (SZSE:300668) 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.


Shenzhen Jiang&Associates Creative Design Co Piotroski F-Score Related Terms

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Shenzhen Jiang&Associates Creative Design Co Business Description

Traded in Other Exchanges
N/A
Address
No. 15, Keyuan Road, Kexing Science Park, 13th Floor, Unit B4, Yuehai Street, Nanshan District, Guangdong Province, Shenzhen, CHN, 518048
Shenzhen Jiang&Associates Creative Design Co Ltd operates in the architectural interior design industry. The company provides customers with a dynamic line design, concept design, solution design and expansion. Its design businesses cover the commercial construction, hotel building, and office buildings, rail transit buildings, medical care and old buildings.
Executives
Ran Xiao Feng Directors, executives
Yuan Xiao Yun Directors, executives
Chen Wen Tao Executives
Li Jin Song Supervisors
Song Yue Directors, executives

Shenzhen Jiang&Associates Creative Design Co Headlines

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