Hangzhou Onechance Tech Crop (SZSE:300792) Piotroski F-Score: 6 (As of Sep. 16, 2026) — 20% Above Median

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SZSE:300792 Hangzhou Onechance Tech Crop SZSE:300792
83 GF Score
Price ¥23.55
GF Value ¥20.38
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Hangzhou Onechance Tech Crop Piotroski F-Score?

Hangzhou Onechance Tech Crop SZSE:300792 +0.94% 83 Piotroski F-Score is 6 as of Sep. 16, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates SZSE:300792 with a GF Score™ of 83/100 and a GF Value™ of ¥20.38 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,105 Retail - Cyclical companies, Hangzhou Onechance Tech Crop ranks better than 69.86% on this metric.

The zones of discrimination were as such:

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

Hangzhou Onechance Tech Crop 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 Hangzhou Onechance Tech Crop's Piotroski F-Score or its related term are showing as below:

SZSE:300792' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 7
Current: 6

During the past 10 years, the highest Piotroski F-Score of Hangzhou Onechance Tech Crop was 7. The lowest was 3. And the median was 5.

Hangzhou Onechance Tech Crop  (SZSE:300792) 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.


Hangzhou Onechance Tech Crop Piotroski F-Score Related Terms


Hangzhou Onechance Tech Crop Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Hangzhou Onechance Tech Crop'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.

Hangzhou Onechance Tech Crop Piotroski F-Score Chart

Hangzhou Onechance Tech Crop Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 4.00 5.00 7.00 8.00

Hangzhou Onechance Tech Crop Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.00 7.00 8.00 7.00 6.00

SZSE:300792 vs AMZN, BABA, PDD: Piotroski F-Score Comparison

For the Internet Retail subindustry, Hangzhou Onechance Tech Crop'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.


Hangzhou Onechance Tech Crop Piotroski F-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hangzhou Onechance Tech Crop's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Hangzhou Onechance Tech Crop's Piotroski F-Score falls into.


SZSE:300792
83GF Score
Hangzhou Onechance Tech Crop SZSE:300792
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 24.47335186 + 0.04944529 + 28.18578201 + 33.14464528 = ¥85.9 Mil.
Cash Flow from Operations was 41.82421248 + 142.98606757 + 12.06138261 + 124.40303211 = ¥321.3 Mil.
Revenue was 229.99235936 + 310.0637325 + 213.02138454 + 217.38116866 = ¥970.5 Mil.
Gross Profit was 63.641132675 + 79.204604855 + 63.50351963 + 68.82553396 = ¥275.2 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(3065.71175165 + 3120.41251691 + 3174.72854684 + 3109.65634124 + 3201.88064912) / 5 = ¥3134.47796115 Mil.
Total Assets at the begining of this year (Jun25) was ¥3,065.7 Mil.
Long-Term Debt & Capital Lease Obligation was ¥0.0 Mil.
Total Current Assets was ¥2,269.1 Mil.
Total Current Liabilities was ¥209.6 Mil.
Net Income was 23.07123195 + -30.58768207 + 21.0055028 + 38.7493669 = ¥52.2 Mil.

Revenue was 259.36411304 + 354.58483638 + 247.91551309 + 285.04163634 = ¥1,146.9 Mil.
Gross Profit was 62.19481344 + 59.33035629 + 64.39137553 + 81.18851488 = ¥267.1 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(3043.86487831 + 3061.31092173 + 3068.68701705 + 2998.93037132 + 3065.71175165) / 5 = ¥3047.70098801 Mil.
Total Assets at the begining of last year (Jun24) was ¥3,043.9 Mil.
Long-Term Debt & Capital Lease Obligation was ¥0.0 Mil.
Total Current Assets was ¥1,950.2 Mil.
Total Current Liabilities was ¥149.3 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.

Hangzhou Onechance Tech Crop's current Net Income (TTM) was 85.9. ==> 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.

Hangzhou Onechance Tech Crop's current Cash Flow from Operations (TTM) was 321.3. ==> 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 (Jun25)
=85.85322444/3065.71175165
=0.02800434

ROA (Last Year)=Net Income/Total Assets (Jun24)
=52.23841958/3043.86487831
=0.01716187

Hangzhou Onechance Tech Crop's return on assets of this year was 0.02800434. Hangzhou Onechance Tech Crop's return on assets of last year was 0.01716187. ==> 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.

Hangzhou Onechance Tech Crop's current Net Income (TTM) was 85.9. Hangzhou Onechance Tech Crop's current Cash Flow from Operations (TTM) was 321.3. ==> 321.3 > 85.9 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=0/3134.47796115
=0

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=0/3047.70098801
=0

Hangzhou Onechance Tech Crop's gearing of this year was 0. Hangzhou Onechance Tech Crop's gearing of last year was 0. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=2269.14068238/209.63345896
=10.82432496

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=1950.23305011/149.25165769
=13.06674298

Hangzhou Onechance Tech Crop's current ratio of this year was 10.82432496. Hangzhou Onechance Tech Crop's current ratio of last year was 13.06674298. ==> 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.

Hangzhou Onechance Tech Crop's number of shares in issue this year was 236.943. Hangzhou Onechance Tech Crop's number of shares in issue last year was 236.943. ==> 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
=275.17479112/970.45864506
=0.28355128

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=267.10506014/1146.90609885
=0.23289183

Hangzhou Onechance Tech Crop's gross margin of this year was 0.28355128. Hangzhou Onechance Tech Crop's gross margin of last year was 0.23289183. ==> 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 (Jun25)
=970.45864506/3065.71175165
=0.31655248

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=1146.90609885/3043.86487831
=0.37679271

Hangzhou Onechance Tech Crop's asset turnover of this year was 0.31655248. Hangzhou Onechance Tech Crop's asset turnover of last year was 0.37679271. ==> 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

Hangzhou Onechance Tech Crop has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
Hangzhou Onechance Tech Crop (SZSE:300792) has a Piotroski F-Score of 6 as of Sep. 16, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Hangzhou Onechance Tech Crop and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Hangzhou Onechance Tech Crop's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Hangzhou Onechance Tech Crop ranks #333 out of 1105 companies in the Retail - Cyclical industry, placing it in the top 30.1%.
Is Hangzhou Onechance Tech Crop's Piotroski F-Score too high?
Hangzhou Onechance Tech Crop's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Retail - Cyclical industry median Piotroski F-Score is 6.00. Hangzhou Onechance Tech Crop's value of 6 is 0% at this industry median. Based on the distribution chart, Hangzhou Onechance Tech Crop ranks #333 out of 1105 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Hangzhou Onechance Tech Crop has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Onechance Tech Crop's Piotroski F-Score compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Hangzhou Onechance Tech Crop ranks #333 out of 1105 companies for Piotroski F-Score. This puts Hangzhou Onechance Tech Crop in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Hangzhou Onechance Tech Crop's value of 6 is 0% at this benchmark. Historically, Hangzhou Onechance Tech Crop's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 6.00, Hangzhou Onechance Tech Crop has consistently been at the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Retail - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 6.00, based on 1,105 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hangzhou Onechance Tech Crop's current Piotroski F-Score of 6 is 0% at the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Hangzhou Onechance Tech Crop and its competitors. For the Retail - Cyclical industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou Onechance Tech Crop's current Piotroski F-Score is 6, which is 20% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Onechance Tech Crop stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Onechance Tech Crop (SZSE:300792) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥20.38, compared to a current price of ¥23.55 — trading 15.6% above its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 0% at the Retail - Cyclical industry median of 6.00. Hangzhou Onechance Tech Crop's overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Hangzhou Onechance Tech Crop (SZSE:300792), the current Piotroski F-Score is 6 as of Sep. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hangzhou Onechance Tech Crop (SZSE:300792) Overvalued in 2026?

Based on GuruFocus' analysis, Hangzhou Onechance Tech Crop stock appears to be overvalued. The current stock price of ¥23.55 is trading 15.6% above its estimated GF Value™ of ¥20.38. GuruFocus considers Hangzhou Onechance Tech Crop to be Modestly Overvalued.

Key valuation signals for SZSE:300792:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: ¥20.38 vs. price of ¥23.55 (15.6% above fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 0% at the Retail - Cyclical median (#333 of 1105)

No single metric tells the full story. See the SZSE:300792 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hangzhou Onechance Tech Crop Business Description

Address No. 6 Xiasha Street, 12th Floor, Building 2, Singapore Science and Technology Park, Jianggan District, Hangzhou, CHN, 310018
Hangzhou Onechance Tech Crop is a Fast-Moving Consumer Goods (FMCG) vertical marketing e-commerce operator. The major business of the company is providing e-commerce operating service which is covering all channels of the network for well-known FMCG brands at home and abroad. It offers one package service which contains image-building of brand, design and planning of product, integrated marketing planning, visual design, big data analysis, online brand operation, precise advertising, CRM management, pre-sales and after-sales service, warehousing and logistics, which will assist brands to improve their popularity and market share.
83GF Score

Get the complete analysis for SZSE:300792

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥23.55
Price
¥20.38
GF Value