Song Chuan Precision CoTPE:7788 -1.96%18 Piotroski F-Score is 5 as of Jun. 28, 2026, which is at its 10-year median of 5.00. GuruFocus rates TPE:7788 with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 2,972 Industrial Products companies, Song Chuan Precision Co ranks better than 56.43% 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
Song Chuan Precision 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 Song Chuan Precision Co's Piotroski F-Score or its related term are showing as below:
TPE:7788'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 5 Max: 5
Current: 5
During the past 6 years, the highest Piotroski F-Score of Song Chuan Precision Co was 5. The lowest was 5. And the median was 5.
Song Chuan Precision Co (TPE:7788) 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.
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.
Song Chuan Precision Co Piotroski F-Score Related Terms
Song Chuan Precision Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Song Chuan Precision 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.
For the Electrical Equipment & Parts subindustry, Song Chuan Precision 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.
Song Chuan Precision Co Piotroski F-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Song Chuan Precision Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Song Chuan Precision Co's Piotroski F-Score falls into.
* 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 (Dec25) TTM:
Last Year (Dec24) TTM:
Net Income was 144.731 + -97.525 + 111.044 + 110.914 = NT$269 Mil. Cash Flow from Operations was 49.717 + 38.244 + 219.155 + 124.345 = NT$431 Mil. Revenue was 1622.748 + 1610.809 + 1529.502 + 1669.744 = NT$6,433 Mil. Gross Profit was 462.202 + 438.002 + 404.619 + 434.812 = NT$1,740 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was
(9681.515 + 9593.116 + 9331.728 + 9388.061 + 10574.15) / 5 = NT$9713.714 Mil. Total Assets at the begining of this year (Dec24) was NT$9,682 Mil. Long-Term Debt & Capital Lease Obligation was NT$1,510 Mil. Total Current Assets was NT$6,173 Mil. Total Current Liabilities was NT$2,982 Mil.
Net Income was 182.685 + 79.513 + 103.033 + 139.174 = NT$504 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.
Song Chuan Precision Co's current Net Income (TTM) was 269.
==> 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.
Song Chuan Precision Co's current Cash Flow from Operations (TTM) was 431.
==> 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.
Song Chuan Precision Co's return on assets of this year was 0.02780185. Song Chuan Precision Co's return on assets of last year was 0.05348391.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Song Chuan Precision Co's gearing of this year was 0.15543354. Song Chuan Precision Co's gearing of last year was 0.15383375.
==> 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
Song Chuan Precision Co's current ratio of this year was 2.06968659. Song Chuan Precision Co's current ratio of last year was 1.84155052.
==> 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.
Song Chuan Precision Co's number of shares in issue this year was 78.881. Song Chuan Precision Co's number of shares in issue last year was 72.616.
==> There is larger number of shares in issue this year. ==> Score 0.
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.
Song Chuan Precision Co's gross margin of this year was 0.27043188. Song Chuan Precision Co's gross margin of last year was 0.27729918.
==> 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
Song Chuan Precision Co's asset turnover of this year was 0.66444177. Song Chuan Precision Co's asset turnover of last year was 0.63235439.
==> 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
=
1
+
1
+
0
+
1
+
0
+
1
+
0
+
0
+
1
=
5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Song Chuan Precision Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Song Chuan Precision Co (TPE:7788) has a Piotroski F-Score of 5 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Song Chuan Precision Co and its competitors. This is near median its historical median of 5.00. Over the past decade, Song Chuan Precision Co's Piotroski F-Score has ranged from 5.00 to 5.00. According to the industry distribution chart, Song Chuan Precision Co ranks #1295 out of 2972 companies in the Industrial Products industry, placing it in the top 43.6%.
Is Song Chuan Precision Co's Piotroski F-Score too high?
Song Chuan Precision Co's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 5.00. The Industrial Products industry median Piotroski F-Score is 5.00. Song Chuan Precision Co's value of 5 is 0% at this industry median. Based on the distribution chart, Song Chuan Precision Co ranks #1295 out of 2972 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Song Chuan Precision Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Song Chuan Precision Co's Piotroski F-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, Song Chuan Precision Co ranks #1295 out of 2972 companies for Piotroski F-Score. This puts Song Chuan Precision Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Song Chuan Precision Co's value of 5 is 0% at this benchmark. Historically, Song Chuan Precision Co's own Piotroski F-Score has ranged from 5.00 to 5.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Song Chuan Precision Co 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,972 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. Song Chuan Precision Co's current Piotroski F-Score of 5 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 Song Chuan Precision Co and its competitors. For the Industrial Products industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Song Chuan Precision Co's current Piotroski F-Score is 5, which is near 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 Song Chuan Precision Co stock overvalued right now?
Song Chuan Precision Co (TPE:7788) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Industrial Products industry median of 5.00. Song Chuan Precision Co's overall GF Score™ is 18/100 with 3 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 Song Chuan Precision Co (TPE:7788), the current Piotroski F-Score is 5 as of Jun. 28, 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.
Song Chuan Precision Co Ltd is engaged in the research and development, manufacturing, processing, and sales of electronic components such as relays and capacitors. Its product range includes PCB and plug-in automotive relays, PCB miniature power relays, Industrial and general purpose relays, and Safety relays. Its products are used in various applications such as home appliances, automotives, IT products, other applications. The company's segment includes Song Chung, Xiamen, America, Shanghai, and Other segment.
18GF Score
Get the complete analysis for TPE:7788
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:7788 has been successfully added to your 
