GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Dilli Illustrate Inc (XKRX:131180) » Definitions » Piotroski F-Score

Dilli Illustrate (XKRX:131180) Piotroski F-Score : 6 (As of Apr. 17, 2025)


View and export this data going back to 2011. Start your Free Trial

What is Dilli Illustrate 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

Dilli Illustrate 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 Dilli Illustrate's Piotroski F-Score or its related term are showing as below:

XKRX:131180' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 6
Current: 6

During the past 13 years, the highest Piotroski F-Score of Dilli Illustrate was 6. The lowest was 4. And the median was 5.


Dilli Illustrate Piotroski F-Score Historical Data

The historical data trend for Dilli Illustrate'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.

Dilli Illustrate Piotroski F-Score Chart

Dilli Illustrate 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 6.00 4.00 5.00 6.00

Dilli Illustrate 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 5.00 4.00 6.00 6.00 6.00

Competitive Comparison of Dilli Illustrate's Piotroski F-Score

For the Computer Hardware subindustry, Dilli Illustrate'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.


Dilli Illustrate's Piotroski F-Score Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Dilli Illustrate's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Dilli Illustrate'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 (Dec24) TTM:Last Year (Dec23) TTM:
Net Income was 908.551 + 1417.932 + 175.018 + 2308.433 = ₩4,810 Mil.
Cash Flow from Operations was -2461.437 + 3451.565 + 441.713 + 357.033 = ₩1,789 Mil.
Revenue was 8004.366 + 10076.957 + 9588.579 + 10542.613 = ₩38,213 Mil.
Gross Profit was 2475.918 + 3580.413 + 2973.254 + 3705.559 = ₩12,735 Mil.
Average Total Assets from the begining of this year (Dec23)
to the end of this year (Dec24) was
(66406.318 + 67690.023 + 72443.502 + 72936.859 + 71633.476) / 5 = ₩70222.0356 Mil.
Total Assets at the begining of this year (Dec23) was ₩66,406 Mil.
Long-Term Debt & Capital Lease Obligation was ₩80 Mil.
Total Current Assets was ₩35,716 Mil.
Total Current Liabilities was ₩7,140 Mil.
Net Income was 463.727 + -217.08 + 453.699 + -16.176 = ₩684 Mil.

Revenue was 5488.46 + 6093.852 + 7866.392 + 6256.481 = ₩25,705 Mil.
Gross Profit was 1762.544 + 1443.836 + 2212.374 + 1873.047 = ₩7,292 Mil.
Average Total Assets from the begining of last year (Dec22)
to the end of last year (Dec23) was
(70129.721 + 68656.392 + 68161.214 + 66859.819 + 66406.318) / 5 = ₩68042.6928 Mil.
Total Assets at the begining of last year (Dec22) was ₩70,130 Mil.
Long-Term Debt & Capital Lease Obligation was ₩11 Mil.
Total Current Assets was ₩25,839 Mil.
Total Current Liabilities was ₩7,524 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.

Dilli Illustrate's current Net Income (TTM) was 4,810. ==> 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.

Dilli Illustrate's current Cash Flow from Operations (TTM) was 1,789. ==> 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)
=4809.934/66406.318
=0.07243187

ROA (Last Year)=Net Income/Total Assets (Dec22)
=684.17/70129.721
=0.00975578

Dilli Illustrate's return on assets of this year was 0.07243187. Dilli Illustrate's return on assets of last year was 0.00975578. ==> 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.

Dilli Illustrate's current Net Income (TTM) was 4,810. Dilli Illustrate's current Cash Flow from Operations (TTM) was 1,789. ==> 1,789 <= 4,810 ==> 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: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=79.784/70222.0356
=0.00113617

Gearing (Last Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=11.27/68042.6928
=0.00016563

Dilli Illustrate's gearing of this year was 0.00113617. Dilli Illustrate's gearing of last year was 0.00016563. ==> 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

Current Ratio (This Year: Dec24)=Total Current Assets/Total Current Liabilities
=35716.236/7140.208
=5.00212823

Current Ratio (Last Year: Dec23)=Total Current Assets/Total Current Liabilities
=25838.563/7523.733
=3.43427432

Dilli Illustrate's current ratio of this year was 5.00212823. Dilli Illustrate's current ratio of last year was 3.43427432. ==> 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.

Dilli Illustrate's number of shares in issue this year was 27.803. Dilli Illustrate's number of shares in issue last year was 25.426. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=12735.144/38212.515
=0.33327155

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=7291.801/25705.185
=0.28367043

Dilli Illustrate's gross margin of this year was 0.33327155. Dilli Illustrate's gross margin of last year was 0.28367043. ==> 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 (Dec23)
=38212.515/66406.318
=0.57543493

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec22)
=25705.185/70129.721
=0.36653768

Dilli Illustrate's asset turnover of this year was 0.57543493. Dilli Illustrate's asset turnover of last year was 0.36653768. ==> 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+1+0+0+1+0+1+1
=6

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

Dilli Illustrate has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Dilli Illustrate  (XKRX:131180) 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.


Dilli Illustrate Piotroski F-Score Related Terms

Thank you for viewing the detailed overview of Dilli Illustrate's Piotroski F-Score provided by GuruFocus.com. Please click on the following links to see related term pages.


Dilli Illustrate Business Description

Traded in Other Exchanges
N/A
Address
30, Gangbyeon-ro 702 beon-gil, Kyunggi-Do, Dongducheon-si, KOR, 483-080
Dilli Illustrate Inc is a Korea based company engaged in manufacturing and marketing industrial digital UV printer. The company also offers ink of both the rigid and flexible type. The UV printer product portfolio covers NEO TITAN, NEO SIRIUS, NEO SUN, NEO PICASSO, NEO TRITON and NEO JUPITER, among others.

Dilli Illustrate Headlines

No Headlines