GL-Carlink Technology Holding (FRA:U7Y) Beneish M-Score: -2.16 (As of Aug. 17, 2026)

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FRA:U7Y GL-Carlink Technology Holding Ltd FRA:U7Y
20 GF Score
Price €0.47
! 4 Warning Signs
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What is GL-Carlink Technology Holding Beneish M-Score?

GL-Carlink Technology Holding FRA:U7Y 20 Beneish M-Score is -2.16 as of Aug. 17, 2026. GuruFocus rates FRA:U7Y with a GF Score™ of 20/100. The stock has 4 warning signs investors should review. Among 1,276 Vehicles & Parts companies, GL-Carlink Technology Holding ranks worse than 76.88% 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 -2.16 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for GL-Carlink Technology Holding's Beneish M-Score or its related term are showing as below:

FRA:U7Y' s Beneish M-Score Range Over the Past 10 Years
Min: -2.39   Med: -2.16   Max: -1.93
Current: -2.16

During the past 5 years, the highest Beneish M-Score of GL-Carlink Technology Holding was -1.93. The lowest was -2.39. And the median was -2.16.

GL-Carlink Technology Holding Beneish M-Score Historical Data

* Premium members only.

The historical data trend for GL-Carlink Technology Holding'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.

GL-Carlink Technology Holding Beneish M-Score Chart

GL-Carlink Technology Holding Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
0.00 0.00 -2.39 -1.93 -2.16

GL-Carlink Technology Holding Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beneish M-Score Get a 7-Day Free Trial -2.39 0.00 -1.93 0.00 -2.16

FRA:U7Y vs ORLY, AZO: Beneish M-Score Comparison

For the Auto Parts subindustry, GL-Carlink Technology Holding'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.

GL-Carlink Technology Holding Beneish M-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, GL-Carlink Technology Holding's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where GL-Carlink Technology Holding's Beneish M-Score falls into.


FRA:U7Y
20GF Score
GL-Carlink Technology Holding Ltd FRA:U7Y
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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GL-Carlink Technology Holding 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 GL-Carlink Technology Holding 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 * 1.5897+0.528 * 0.8717+0.404 * 0.9996+0.892 * 0.9464+0.115 * 0.8838
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.2275+4.679 * -0.004662-0.327 * 1.3925
=-2.26

* 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:
Total Receivables was €24.82 Mil.
Revenue was €86.95 Mil.
Gross Profit was €62.28 Mil.
Total Current Assets was €101.00 Mil.
Total Assets was €130.41 Mil.
Property, Plant and Equipment(Net PPE) was €0.99 Mil.
Depreciation, Depletion and Amortization(DDA) was €1.99 Mil.
Selling, General, & Admin. Expense(SGA) was €55.46 Mil.
Total Current Liabilities was €45.69 Mil.
Long-Term Debt & Capital Lease Obligation was €0.17 Mil.
Net Income was €2.52 Mil.
Gross Profit was €0.00 Mil.
Cash Flow from Operations was €3.12 Mil.
 Total Receivables was €16.50 Mil.
Revenue was €91.87 Mil.
Gross Profit was €57.37 Mil.
Total Current Assets was €91.69 Mil.
Total Assets was €119.07 Mil.
Property, Plant and Equipment(Net PPE) was €1.42 Mil.
Depreciation, Depletion and Amortization(DDA) was €2.05 Mil.
Selling, General, & Admin. Expense(SGA) was €47.75 Mil.
Total Current Liabilities was €29.75 Mil.
Long-Term Debt & Capital Lease Obligation was €0.31 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)
=(24.823 / 86.947) / (16.5 / 91.873)
=0.285496 / 0.179596
=1.5897

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)
=(57.367 / 91.873) / (62.279 / 86.947)
=0.624416 / 0.716287
=0.8717

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 - (100.998 + 0.992) / 130.409) / (1 - (91.687 + 1.423) / 119.068)
=0.217922 / 0.21801
=0.9996

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
=86.947 / 91.873
=0.9464

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))
=(2.045 / (2.045 + 1.423)) / (1.989 / (1.989 + 0.992))
=0.589677 / 0.667226
=0.8838

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)
=(55.463 / 86.947) / (47.745 / 91.873)
=0.637894 / 0.519685
=1.2275

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)
=((0.168 + 45.687) / 130.409) / ((0.312 + 29.754) / 119.068)
=0.351625 / 0.252511
=1.3925

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
=(2.515 - 0 - 3.123) / 130.409
=-0.004662

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.

GL-Carlink Technology Holding has a M-score of -2.26 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 -2.16 mean?
GL-Carlink Technology Holding (FRA:U7Y) has a Beneish M-Score of -2.16 as of Aug. 17, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on GL-Carlink Technology Holding and its competitors. According to the industry distribution chart, GL-Carlink Technology Holding ranks #981 out of 1276 companies in the Vehicles & Parts industry, placing it in the top 76.9%.
Is GL-Carlink Technology Holding's Beneish M-Score too high?
GL-Carlink Technology Holding's current Beneish M-Score is -2.16. Based on the distribution chart, GL-Carlink Technology Holding ranks #981 out of 1276 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, GL-Carlink Technology Holding has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does GL-Carlink Technology Holding's Beneish M-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, GL-Carlink Technology Holding ranks #981 out of 1276 companies for Beneish M-Score. This places GL-Carlink Technology Holding in the lower half of its industry. 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 Vehicles & Parts company?
A good Beneish M-Score depends on the Vehicles & Parts 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 GL-Carlink Technology Holding and its competitors. GL-Carlink Technology Holding's current Beneish M-Score is -2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GL-Carlink Technology Holding stock overvalued right now?
GL-Carlink Technology Holding (FRA:U7Y) has a current Beneish M-Score of -2.16. The current Beneish M-Score is -2.16. GL-Carlink Technology Holding's overall GF Score™ is 20/100 with 4 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 GL-Carlink Technology Holding (FRA:U7Y), the current Beneish M-Score is -2.16 as of Aug. 17, 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.

GL-Carlink Technology Holding Business Description

Other Exchanges 02531:Hong Kong
Address 3370 Liuxian Avenue, 14th Floor, Building 1, Chongwen Garden, Nanshan IPark, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
GL-Carlink Technology Holding Ltd is an in-vehicle hardware and SaaS marketing and management service provider for players within the automotive aftermarket industry in China. The Group focuses on sales of in-vehicle hardware products and provision of SaaS marketing and management services, including SaaS subscription services and SaaS value-added services to industry participants along the industry value chain. The Group generates maximum revenue from SaaS value-added services. The Group's revenue is derived from the PRC.
20GF Score

Get the complete analysis for FRA:U7Y

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

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