BYAH (Park Ha Biological Technology Co) Beneish M-Score: -25.02 (As of Aug. 10, 2026)

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BYAH Park Ha Biological Technology Co Ltd BYAH
20 GF Score
Price $3.37
! 2 Warning Signs
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What is Park Ha Biological Technology Co Beneish M-Score?

Park Ha Biological Technology Co BYAH +8.01% 20 Beneish M-Score is -25.02 as of Aug. 10, 2026. GuruFocus rates BYAH with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 1,854 Consumer Packaged Goods companies, Park Ha Biological Technology Co ranks better than 99.62% on this metric.

The zones of discrimination for M-Score is as such:

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Good Sign:

Beneish M-Score -25.02 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Park Ha Biological Technology Co's Beneish M-Score or its related term are showing as below:

BYAH' s Beneish M-Score Range Over the Past 10 Years
Min: -25.02   Med: -2.07   Max: -1.49
Current: -25.02

During the past 5 years, the highest Beneish M-Score of Park Ha Biological Technology Co was -1.49. The lowest was -25.02. And the median was -2.07.

Park Ha Biological Technology Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Park Ha Biological Technology Co's Beneish M-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.

Park Ha Biological Technology Co Beneish M-Score Chart

Park Ha Biological Technology Co Annual Data
Trend Oct21 Oct22 Oct23 Oct24 Oct25
Beneish M-Score
0.00 0.00 -1.49 -2.07 -25.02

Park Ha Biological Technology Co Semi-Annual Data
Oct21 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Beneish M-Score Get a 7-Day Free Trial Premium Member Only 0.00 -2.07 0.00 -25.02 0.00

BYAH vs CAWW, NASO, SKVI: Beneish M-Score Comparison

For the Household & Personal Products subindustry, Park Ha Biological Technology Co's Beneish M-Score, along with its competitors' market caps and Beneish M-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.

Park Ha Biological Technology Co Beneish M-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Park Ha Biological Technology Co's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Park Ha Biological Technology Co's Beneish M-Score falls into.


BYAH
20GF Score
Park Ha Biological Technology Co Ltd BYAH
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Park Ha Biological Technology Co Beneish M-Score Calculation

The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.

The M-Score Variables:

The M-score of Park Ha Biological Technology Co for today is based on a combination of the following eight different indices:

M=-4.84+0.92 * DSRI+0.528 * GMI+0.404 * AQI+0.892 * SGI+0.115 * DEPI
=-4.84+0.92 * 1.098+0.528 * 0.9733+0.404 * 0.9144+0.892 * 1.06+0.115 * 0.4764
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 20.9442+4.679 * -4.117252-0.327 * 0.643
=-25.02

* 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 (Oct25) TTM:Last Year (Oct24) TTM:
Total Receivables was $1.29 Mil.
Revenue was $2.53 Mil.
Gross Profit was $2.38 Mil.
Total Current Assets was $5.50 Mil.
Total Assets was $5.95 Mil.
Property, Plant and Equipment(Net PPE) was $0.34 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.11 Mil.
Selling, General, & Admin. Expense(SGA) was $26.11 Mil.
Total Current Liabilities was $1.88 Mil.
Long-Term Debt & Capital Lease Obligation was $0.08 Mil.
Net Income was $-24.37 Mil.
Gross Profit was $0.06 Mil.
Cash Flow from Operations was $0.09 Mil.
 Total Receivables was $1.11 Mil.
Revenue was $2.38 Mil.
Gross Profit was $2.19 Mil.
Total Current Assets was $2.84 Mil.
Total Assets was $3.08 Mil.
Property, Plant and Equipment(Net PPE) was $0.18 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.02 Mil.
Selling, General, & Admin. Expense(SGA) was $1.18 Mil.
Total Current Liabilities was $1.52 Mil.
Long-Term Debt & Capital Lease Obligation was $0.05 Mil.

1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI=(Receivables_t / Revenue_t) / (Receivables_t-1 / Revenue_t-1)
=(1.292 / 2.525) / (1.11 / 2.382)
=0.511683 / 0.465995
=1.098

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI=GrossMargin_t-1 / GrossMargin_t
=(GrossProfit_t-1 / Revenue_t-1) / (GrossProfit_t / Revenue_t)
=(2.187 / 2.382) / (2.382 / 2.525)
=0.918136 / 0.943366
=0.9733

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI=(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t) / (1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
=(1 - (5.502 + 0.338) / 5.953) / (1 - (2.844 + 0.175) / 3.083)
=0.018982 / 0.020759
=0.9144

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.

SGI=Sales_t / Sales_t-1
=Revenue_t / Revenue_t-1
=2.525 / 2.382
=1.06

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.

DEPI=(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1)) / (Depreciation_t / (Depreciaton_t + PPE_t))
=(0.023 / (0.023 + 0.175)) / (0.109 / (0.109 + 0.338))
=0.116162 / 0.243848
=0.4764

Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.

6. SGAI = Sales, General and Administrative expenses Index

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI=(SGA_t / Sales_t) / (SGA_t-1 /Sales_t-1)
=(26.109 / 2.525) / (1.176 / 2.382)
=10.340198 / 0.493703
=20.9442

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI=((LTD_t + CurrentLiabilities_t) / TotalAssets_t) / ((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
=((0.076 + 1.882) / 5.953) / ((0.053 + 1.524) / 3.083)
=0.32891 / 0.511515
=0.643

8. TATA = Total Accruals to Total Assets

Total accruals calculated as the change in working capital accounts other than cash less depreciation.

TATA=(IncomefromContinuingOperations_t - CashFlowsfromOperations_t) / TotalAssets_t
=(NetIncome_t - NonOperatingIncome_t - CashFlowsfromOperations_t) / TotalAssets_t
=(-24.365 - 0.059 - 0.086) / 5.953
=-4.117252

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Park Ha Biological Technology Co has a M-score of -25.02 suggests that the company is unlikely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of -25.02 mean?
Park Ha Biological Technology Co (BYAH) has a Beneish M-Score of -25.02 as of Aug. 10, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Park Ha Biological Technology Co and its competitors. According to the industry distribution chart, Park Ha Biological Technology Co ranks #7 out of 1854 companies in the Consumer Packaged Goods industry, placing it in the top 0.40000000000001%.
Is Park Ha Biological Technology Co's Beneish M-Score too high?
Park Ha Biological Technology Co's current Beneish M-Score is -25.02. Based on the distribution chart, Park Ha Biological Technology Co ranks #7 out of 1854 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Park Ha Biological Technology Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Park Ha Biological Technology Co's Beneish M-Score compare to CAWW and NASO?
According to the Consumer Packaged Goods industry distribution chart, Park Ha Biological Technology Co ranks #7 out of 1854 companies for Beneish M-Score. This places Park Ha Biological Technology Co in the top 0% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beneish M-Score for a Consumer Packaged Goods company?
A good Beneish M-Score depends on the Consumer Packaged Goods industry context. However, Beneish M-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beneish M-Score mean?
A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Park Ha Biological Technology Co and its competitors. Park Ha Biological Technology Co's current Beneish M-Score is -25.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Park Ha Biological Technology Co stock overvalued right now?
Park Ha Biological Technology Co (BYAH) has a current Beneish M-Score of -25.02. The current Beneish M-Score is -25.02. Park Ha Biological Technology Co's overall GF Score™ is 20/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beneish M-Score calculated?
Beneish M-Score is calculated from a company's financial statements. For Park Ha Biological Technology Co (BYAH), the current Beneish M-Score is -25.02 as of Aug. 10, 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.

Park Ha Biological Technology Co Business Description

Address 196 Jinghui East Road, 901, Building C, Phase 2, Wuxi International Life Science Innovation Campus, Xinwu District, Jiangsu, Wuxi, CHN, 214000
Park Ha Biological Technology Co Ltd is engaged in developing its private skincare label, direct skincare products sales, and franchise alliances promotions. Its Park Ha brand focuses on providing solutions for problematic skin. The company's Operating Subsidiaries provide skincare and cosmetic products under its brand, Park Ha, in China. Its Operating Subsidiaries develop its proprietary beauty products and offer complementary after-sales beauty services in its physical stores.
20GF Score

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

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