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Contemporary Amperex Technology Co (SZSE:300750) Piotroski F-Score : 7 (As of Jul. 20, 2025)


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What is Contemporary Amperex Technology Co Piotroski F-Score?

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

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

Contemporary Amperex Technology Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

SZSE:300750' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 7
Current: 7

During the past 11 years, the highest Piotroski F-Score of Contemporary Amperex Technology Co was 7. The lowest was 3. And the median was 5.


Contemporary Amperex Technology Co Piotroski F-Score Historical Data

The historical data trend for Contemporary Amperex Technology 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.

Contemporary Amperex Technology Co Piotroski F-Score Chart

Contemporary Amperex Technology 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 6.00 6.00 6.00 7.00

Contemporary Amperex Technology 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 5.00 5.00 6.00 7.00 7.00

Competitive Comparison of Contemporary Amperex Technology Co's Piotroski F-Score

For the Electrical Equipment & Parts subindustry, Contemporary Amperex Technology 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.


Contemporary Amperex Technology Co's Piotroski F-Score Distribution in the Industrial Products Industry

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

* The bar in red indicates where Contemporary Amperex Technology 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 12355.064 + 13136.086 + 14743.608 + 13962.558 = ¥54,197 Mil.
Cash Flow from Operations was 16351.044 + 22734.647 + 29546.744 + 32868.257 = ¥101,501 Mil.
Revenue was 86996.055 + 92277.915 + 102967.805 + 84704.589 = ¥366,946 Mil.
Gross Profit was 25700.793 + 28762.863 + 15481.747 + 20674.478 = ¥90,620 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was
(731286.482 + 715251.889 + 738235.004 + 786658.123 + 820097.269) / 5 = ¥758305.7534 Mil.
Total Assets at the begining of this year (Mar24) was ¥731,286 Mil.
Long-Term Debt & Capital Lease Obligation was ¥97,312 Mil.
Total Current Assets was ¥530,299 Mil.
Total Current Liabilities was ¥328,209 Mil.
Net Income was 10894.999 + 10428.209 + 12975.774 + 10509.923 = ¥44,809 Mil.

Revenue was 100207.576 + 105431.209 + 106239.794 + 79770.779 = ¥391,649 Mil.
Gross Profit was 22002.654 + 23641.105 + 12353.703 + 18548.192 = ¥76,546 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was
(640203.578 + 640998.785 + 671832.207 + 717168.041 + 731286.482) / 5 = ¥680297.8186 Mil.
Total Assets at the begining of last year (Mar23) was ¥640,204 Mil.
Long-Term Debt & Capital Lease Obligation was ¥108,015 Mil.
Total Current Assets was ¥459,956 Mil.
Total Current Liabilities was ¥278,962 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.

Contemporary Amperex Technology Co's current Net Income (TTM) was 54,197. ==> 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.

Contemporary Amperex Technology Co's current Cash Flow from Operations (TTM) was 101,501. ==> 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)
=54197.316/731286.482
=0.07411229

ROA (Last Year)=Net Income/Total Assets (Mar23)
=44808.905/640203.578
=0.06999165

Contemporary Amperex Technology Co's return on assets of this year was 0.07411229. Contemporary Amperex Technology Co's return on assets of last year was 0.06999165. ==> 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.

Contemporary Amperex Technology Co's current Net Income (TTM) was 54,197. Contemporary Amperex Technology Co's current Cash Flow from Operations (TTM) was 101,501. ==> 101,501 > 54,197 ==> 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
=97312.153/758305.7534
=0.12832839

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=108014.544/680297.8186
=0.15877538

Contemporary Amperex Technology Co's gearing of this year was 0.12832839. Contemporary Amperex Technology Co's gearing of last year was 0.15877538. ==> 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
=530298.544/328208.754
=1.61573553

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=459955.987/278962.39
=1.64881003

Contemporary Amperex Technology Co's current ratio of this year was 1.61573553. Contemporary Amperex Technology Co's current ratio of last year was 1.64881003. ==> 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.

Contemporary Amperex Technology Co's number of shares in issue this year was 4390.742. Contemporary Amperex Technology Co's number of shares in issue last year was 4397.457. ==> 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
=90619.881/366946.364
=0.24695675

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=76545.654/391649.358
=0.19544435

Contemporary Amperex Technology Co's gross margin of this year was 0.24695675. Contemporary Amperex Technology Co's gross margin of last year was 0.19544435. ==> 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)
=366946.364/731286.482
=0.50178196

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=391649.358/640203.578
=0.61175753

Contemporary Amperex Technology Co's asset turnover of this year was 0.50178196. Contemporary Amperex Technology Co's asset turnover of last year was 0.61175753. ==> 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+1+1+1+0+1+1+0
=7

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

Contemporary Amperex Technology Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Contemporary Amperex Technology Co  (SZSE:300750) 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.


Contemporary Amperex Technology Co Piotroski F-Score Related Terms

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Contemporary Amperex Technology Co Business Description

Traded in Other Exchanges
Address
No. 2, Xingang Road, Liwan Town, Jiaocheng District, Fujian Province, Ningde City, CHN, 352100
CATL, headquartered in Ningde, Fujian Province, is a global leading battery manufacturer founded in 2011. The company specializes in the development and production of lithium-ion batteries for EVs and energy storage systems. CATL is the largest EV battery manufacturer in the world and leads the industry in innovative battery technology development for higher-energy density and safety, longer battery service life and super-fast charging. CATL is also involved in the manufacturing of cathode and other related battery materials. Through its subsidiary Brunp, it works with customers to create a closed-loop battery life cycle from production, application, to recycling.
Executives
Huang Shi Lin Directors, executives
Zheng Shu Executives
Tan Li Bin Executives

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