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Woorim Power Train Solution Co (XKRX:101170) Piotroski F-Score : 6 (As of Apr. 24, 2025)


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What is Woorim Power Train Solution Co Piotroski F-Score?

The zones of discrimination were as such:

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

Woorim Power Train Solution Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Woorim Power Train Solution Co's Piotroski F-Score or its related term are showing as below:

XKRX:101170' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of Woorim Power Train Solution Co was 9. The lowest was 2. And the median was 6.


Woorim Power Train Solution Co Piotroski F-Score Historical Data

The historical data trend for Woorim Power Train Solution 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.

Woorim Power Train Solution Co Piotroski F-Score Chart

Woorim Power Train Solution 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 6.00 9.00 7.00 2.00 6.00

Woorim Power Train Solution Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.00 5.00 8.00 6.00

Competitive Comparison of Woorim Power Train Solution Co's Piotroski F-Score

For the Specialty Industrial Machinery subindustry, Woorim Power Train Solution 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.


Woorim Power Train Solution Co's Piotroski F-Score Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Woorim Power Train Solution Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Woorim Power Train Solution 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 (Dec24) TTM:Last Year (Dec23) TTM:
Net Income was 1652.523 + 1331.479 + -891.024 + -9861.015 = ₩-7,768 Mil.
Cash Flow from Operations was -1033.434 + 5380.953 + 9785.411 + 4142.758 = ₩18,276 Mil.
Revenue was 21100.116 + 23416.174 + 12163.121 + 15087.383 = ₩71,767 Mil.
Gross Profit was 3777.878 + 3818.251 + 1371.181 + -1292.873 = ₩7,674 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was
(106077.338 + 111157.759 + 105047.005 + 102762.433 + 92390.151) / 5 = ₩103486.9372 Mil.
Total Assets at the begining of this year (Dec23) was ₩106,077 Mil.
Long-Term Debt & Capital Lease Obligation was ₩53 Mil.
Total Current Assets was ₩41,227 Mil.
Total Current Liabilities was ₩11,102 Mil.
Net Income was 1450.005 + 742.473 + -184.054 + 3029.178 = ₩5,038 Mil.

Revenue was 15378.776 + 13223.424 + 11728.087 + 17014.615 = ₩57,345 Mil.
Gross Profit was 2638.035 + 2462.767 + 1490.834 + 3908.196 = ₩10,500 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was
(95217.187 + 99999.161 + 98290.421 + 101880.259 + 106077.338) / 5 = ₩100292.8732 Mil.
Total Assets at the begining of last year (Dec22) was ₩95,217 Mil.
Long-Term Debt & Capital Lease Obligation was ₩198 Mil.
Total Current Assets was ₩46,021 Mil.
Total Current Liabilities was ₩16,126 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.

Woorim Power Train Solution Co's current Net Income (TTM) was -7,768. ==> 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.

Woorim Power Train Solution Co's current Cash Flow from Operations (TTM) was 18,276. ==> 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 (Dec23)
=-7768.037/106077.338
=-0.07322994

ROA (Last Year)=Net Income/Total Assets (Dec22)
=5037.602/95217.187
=0.05290644

Woorim Power Train Solution Co's return on assets of this year was -0.07322994. Woorim Power Train Solution Co's return on assets of last year was 0.05290644. ==> 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.

Woorim Power Train Solution Co's current Net Income (TTM) was -7,768. Woorim Power Train Solution Co's current Cash Flow from Operations (TTM) was 18,276. ==> 18,276 > -7,768 ==> 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: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=53.496/103486.9372
=0.00051693

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=197.62/100292.8732
=0.00197043

Woorim Power Train Solution Co's gearing of this year was 0.00051693. Woorim Power Train Solution Co's gearing of last year was 0.00197043. ==> 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: Dec24)=Total Current Assets/Total Current Liabilities
=41226.555/11102.352
=3.71331723

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=46021.297/16126.113
=2.85383694

Woorim Power Train Solution Co's current ratio of this year was 3.71331723. Woorim Power Train Solution Co's current ratio of last year was 2.85383694. ==> 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.

Woorim Power Train Solution Co's number of shares in issue this year was 13.104. Woorim Power Train Solution Co's number of shares in issue last year was 13.248. ==> 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
=7674.437/71766.794
=0.10693576

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=10499.832/57344.902
=0.18309966

Woorim Power Train Solution Co's gross margin of this year was 0.10693576. Woorim Power Train Solution Co's gross margin of last year was 0.18309966. ==> 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 (Dec23)
=71766.794/106077.338
=0.67655161

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=57344.902/95217.187
=0.60225369

Woorim Power Train Solution Co's asset turnover of this year was 0.67655161. Woorim Power Train Solution Co's asset turnover of last year was 0.60225369. ==> 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
=0+1+0+1+1+1+1+0+1
=6

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

Woorim Power Train Solution Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Woorim Power Train Solution Co  (XKRX:101170) 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.


Woorim Power Train Solution Co Piotroski F-Score Related Terms

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Woorim Power Train Solution Co Business Description

Traded in Other Exchanges
N/A
Address
853-10 Oe-Dong, Changwon, Gyeongsangnam-Do, KOR, 621-919
Woorim Power Train Solution Co Ltd manufactures various types of decelerators. The company also developed a 3MW gear box of aero generator. The company's profit in 2011 increased by 39.3% compared to the previous year.

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