Gold Li Holdings Bhd (XKLS:0452) Piotroski F-Score: 5 (As of Jul. 13, 2026) — Near Median


What is Gold Li Holdings Bhd Piotroski F-Score?

Gold Li Holdings Bhd XKLS:0452 Piotroski F-Score is 5 as of Jul. 13, 2026, which is at its 10-year median of 5.00. The stock has 3 warning signs investors should review. Among 1,757 Real Estate companies, Gold Li Holdings Bhd ranks better than 60.84% 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

Gold Li Holdings Bhd 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 Gold Li Holdings Bhd's Piotroski F-Score or its related term are showing as below:

XKLS:0452' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 5   Max: 5
Current: 5

During the past 3 years, the highest Piotroski F-Score of Gold Li Holdings Bhd was 5. The lowest was 5. And the median was 5.

Gold Li Holdings Bhd  (XKLS:0452) 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.


Gold Li Holdings Bhd Piotroski F-Score Related Terms


Gold Li Holdings Bhd Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Gold Li Holdings Bhd'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.

Gold Li Holdings Bhd Piotroski F-Score Chart

Gold Li Holdings Bhd Annual Data
Trend Jan23 Jan24 Jan25
Piotroski F-Score
N/A N/A 5.00

Gold Li Holdings Bhd Semi-Annual Data
Jan23 Jan24 Jan25
Piotroski F-Score N/A N/A 5.00

Gold Li Holdings Bhd Piotroski F-Score Competitor Comparison

For the Real Estate - Development subindustry, Gold Li Holdings Bhd'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.


Gold Li Holdings Bhd Piotroski F-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Gold Li Holdings Bhd's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Gold Li Holdings Bhd'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 (Jan25) TTM:Last Year (Jan24) TTM:
Net Income was RM7.84 Mil.
Cash Flow from Operations was RM6.82 Mil.
Revenue was RM65.03 Mil.
Gross Profit was RM17.21 Mil.
Average Total Assets from the begining of this year (Jan24)
to the end of this year (Jan25) was (191.888 + 205.715) / 2 = RM198.8015 Mil.
Total Assets at the begining of this year (Jan24) was RM191.89 Mil.
Long-Term Debt & Capital Lease Obligation was RM24.25 Mil.
Total Current Assets was RM132.38 Mil.
Total Current Liabilities was RM74.85 Mil.
Net Income was RM6.68 Mil.

Revenue was RM47.57 Mil.
Gross Profit was RM14.54 Mil.
Average Total Assets from the begining of last year (Jan23)
to the end of last year (Jan24) was (159.641 + 191.888) / 2 = RM175.7645 Mil.
Total Assets at the begining of last year (Jan23) was RM159.64 Mil.
Long-Term Debt & Capital Lease Obligation was RM24.70 Mil.
Total Current Assets was RM121.99 Mil.
Total Current Liabilities was RM65.96 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.

Gold Li Holdings Bhd's current Net Income (TTM) was 7.84. ==> 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.

Gold Li Holdings Bhd's current Cash Flow from Operations (TTM) was 6.82. ==> 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 (Jan24)
=7.843/191.888
=0.0408728

ROA (Last Year)=Net Income/Total Assets (Jan23)
=6.675/159.641
=0.04181257

Gold Li Holdings Bhd's return on assets of this year was 0.0408728. Gold Li Holdings Bhd's return on assets of last year was 0.04181257. ==> 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.

Gold Li Holdings Bhd's current Net Income (TTM) was 7.84. Gold Li Holdings Bhd's current Cash Flow from Operations (TTM) was 6.82. ==> 6.82 <= 7.84 ==> CFROA <= ROA ==> Score 0.

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: Jan25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jan24 to Jan25
=24.249/198.8015
=0.12197594

Gearing (Last Year: Jan24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jan23 to Jan24
=24.701/175.7645
=0.14053464

Gold Li Holdings Bhd's gearing of this year was 0.12197594. Gold Li Holdings Bhd's gearing of last year was 0.14053464. ==> 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: Jan25)=Total Current Assets/Total Current Liabilities
=132.375/74.85
=1.76853707

Current Ratio (Last Year: Jan24)=Total Current Assets/Total Current Liabilities
=121.994/65.964
=1.8494027

Gold Li Holdings Bhd's current ratio of this year was 1.76853707. Gold Li Holdings Bhd's current ratio of last year was 1.8494027. ==> 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.

Gold Li Holdings Bhd's number of shares in issue this year was 600. Gold Li Holdings Bhd's number of shares in issue last year was 600. ==> 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
=17.209/65.026
=0.26464799

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=14.539/47.566
=0.3056595

Gold Li Holdings Bhd's gross margin of this year was 0.26464799. Gold Li Holdings Bhd's gross margin of last year was 0.3056595. ==> 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 (Jan24)
=65.026/191.888
=0.33887476

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jan23)
=47.566/159.641
=0.29795604

Gold Li Holdings Bhd's asset turnover of this year was 0.33887476. Gold Li Holdings Bhd's asset turnover of last year was 0.29795604. ==> 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+0+1+0+1+0+1
=5

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

Gold Li Holdings Bhd has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
Gold Li Holdings Bhd (XKLS:0452) has a Piotroski F-Score of 5 as of Jul. 13, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Gold Li Holdings Bhd and its competitors. This is near median its historical median of 5.00. Over the past decade, Gold Li Holdings Bhd's Piotroski F-Score has ranged from 5.00 to 5.00. According to the industry distribution chart, Gold Li Holdings Bhd ranks #688 out of 1757 companies in the Real Estate industry, placing it in the top 39.2%.
Is Gold Li Holdings Bhd's Piotroski F-Score too high?
Gold Li Holdings Bhd'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 Real Estate industry median Piotroski F-Score is 5.00. Gold Li Holdings Bhd's value of 5 is 0% at this industry median. Based on the distribution chart, Gold Li Holdings Bhd ranks #688 out of 1757 companies in the Real Estate industry, which is above the industry midpoint.
How does Gold Li Holdings Bhd's Piotroski F-Score compare to competitors?
According to the Real Estate industry distribution chart, Gold Li Holdings Bhd ranks #688 out of 1757 companies for Piotroski F-Score. This puts Gold Li Holdings Bhd in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Gold Li Holdings Bhd's value of 5 is 0% at this benchmark. Historically, Gold Li Holdings Bhd'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, Gold Li Holdings Bhd 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 Real Estate company?
The median Piotroski F-Score among Real Estate companies is 5.00, based on 1,757 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. Gold Li Holdings Bhd'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 Gold Li Holdings Bhd and its competitors. For the Real Estate 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. Gold Li Holdings Bhd'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 Gold Li Holdings Bhd stock overvalued right now?
Gold Li Holdings Bhd (XKLS:0452) 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 Real Estate industry median of 5.00. 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 Gold Li Holdings Bhd (XKLS:0452), the current Piotroski F-Score is 5 as of Jul. 13, 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.

Gold Li Holdings Bhd Business Description

Address 1201-6, Jalan Perniagaan Jaya 5, Pusat Perniagaan Mas Jaya, Muar, JHR, MYS, 84000
Gold Li Holdings Bhd is principally engaged in investment holding and provision of management services. Through its subsidiaries, the company is a property developer, specialising in the development of landed residential properties, located in the districts of Muar, Tangkak and Batu Pahat in the state of Johor, Malaysia. Its residential property developments comprise terrace, semi-detached and detached houses. The company operates predominantly in one business segment in Malaysia, namely property developer which comprises development of residential and commercial properties. Its revenue is mainly derived from the sale of ongoing property developments and completed developments.