HGYN (Hong Yuan Hldg Group) Beneish M-Score: 0.00 (As of Jun. 25, 2026)


What is Hong Yuan Hldg Group Beneish M-Score?

Hong Yuan Hldg Group HGYN -15.00% Beneish M-Score is 0.00 as of Jun. 25, 2026. The stock has 4 warning signs investors should review. Among 966 Transportation companies, Hong Yuan Hldg Group ranks worse than 103519.57% 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.

The historical rank and industry rank for Hong Yuan Hldg Group's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Hong Yuan Hldg Group was -5.77. The lowest was -5.77. And the median was -5.77.

Hong Yuan Hldg Group Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Hong Yuan Hldg Group'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.

Hong Yuan Hldg Group Beneish M-Score Chart

Hong Yuan Hldg Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
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Hong Yuan Hldg Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beneish M-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 0.00 0.00 0.00 0.00 0.00

HGYN vs CIIT, CTNT, CJMB: Beneish M-Score Comparison

For the Integrated Freight & Logistics subindustry, Hong Yuan Hldg Group'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.

Hong Yuan Hldg Group Beneish M-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Hong Yuan Hldg Group's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Hong Yuan Hldg Group's Beneish M-Score falls into.


Hong Yuan Hldg Group 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 Hong Yuan Hldg Group 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 * +0.528 * +0.404 * +0.892 * +0.115 *
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * +4.679 * -0.327 *
=

* 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 (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was $0.51 Mil.
Revenue was 0.044 + 0.226 + 0.258 + 0.113 = $0.64 Mil.
Gross Profit was 0.022 + 0.149 + 0.178 + 0.096 = $0.45 Mil.
Total Current Assets was $0.55 Mil.
Total Assets was $0.58 Mil.
Property, Plant and Equipment(Net PPE) was $0.01 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.00 Mil.
Selling, General, & Admin. Expense(SGA) was $0.40 Mil.
Total Current Liabilities was $0.65 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Net Income was -0.093 + 0.039 + 0.049 + 0.03 = $0.03 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = $0.00 Mil.
Cash Flow from Operations was -0.003 + 0 + -0.027 + 0.011 = $-0.02 Mil.
 Total Receivables was $0.12 Mil.
Revenue was 0.184 + 0.23 + 0 + 0.015 = $0.43 Mil.
Gross Profit was 0.113 + 0.084 + 0 + 0.009 = $0.21 Mil.
Total Current Assets was $0.21 Mil.
Total Assets was $0.24 Mil.
Property, Plant and Equipment(Net PPE) was $0.04 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.00 Mil.
Selling, General, & Admin. Expense(SGA) was $0.21 Mil.
Total Current Liabilities was $0.37 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 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)
=(0.511 / 0.641) / (0.123 / 0.429)
=0.797192 / 0.286713
=

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)
=(0.206 / 0.429) / (0.445 / 0.641)
=0.480186 / 0.694228
=

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 - (0.545 + 0.006) / 0.578) / (1 - (0.205 + 0.038) / 0.243)
=0.046713 / 0
=

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
=0.641 / 0.429
=

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 / (0 + 0.038)) / (0.002 / (0.002 + 0.006))
=0 / 0.25
=

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)
=(0.404 / 0.641) / (0.212 / 0.429)
=0.630265 / 0.494172
=

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)
=((0.002 + 0.646) / 0.578) / ((0 + 0.374) / 0.243)
=1.121107 / 1.539095
=

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
=(0.025 - 0 - -0.019) / 0.578
=0.076125

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.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 0.00 mean?
Hong Yuan Hldg Group (HGYN) has a Beneish M-Score of 0.00 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Hong Yuan Hldg Group and its competitors. According to the industry distribution chart, Hong Yuan Hldg Group ranks #999999 out of 966 companies in the Transportation industry.
Is Hong Yuan Hldg Group's Beneish M-Score too high?
Hong Yuan Hldg Group's current Beneish M-Score is 0.00. Based on the distribution chart, Hong Yuan Hldg Group ranks #999999 out of 966 companies in the Transportation industry, which is in the bottom quartile relative to peers.
How does Hong Yuan Hldg Group's Beneish M-Score compare to CIIT and CTNT?
According to the Transportation industry distribution chart, Hong Yuan Hldg Group ranks #999999 out of 966 companies for Beneish M-Score. This places Hong Yuan Hldg Group 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 Transportation company?
A good Beneish M-Score depends on the Transportation 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 Hong Yuan Hldg Group and its competitors. Hong Yuan Hldg Group's current Beneish M-Score is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Yuan Hldg Group stock overvalued right now?
Hong Yuan Hldg Group (HGYN) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. 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 Hong Yuan Hldg Group (HGYN), the current Beneish M-Score is 0.00 as of Jun. 25, 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.

Hong Yuan Hldg Group Business Description

Address 176, Jiqing 1st Road, No. 3, 21st Floor, Building, Chengdu High-tech Zone, Pilot Free Trade Zone, Henan Province, Sichuan, CHN, 610094
Hong Yuan Hldg Group, through its subsidiary and the Agreements with Fengcuiyuan, focuses on supply chain management services, mainly engaged in the wholesale and internet sales of fast-moving consumer goods, including food, daily necessities, and electronic products, across various fields such as pre-packaged food, agricultural by-products, and household goods. Supply chain companies help optimize all the activities involved in procuring raw materials and transforming them into products, as well as managing logistics, storage, sales, and shipping those products to consumers, all of which is done using technology such as artificial intelligence, IoT, blockchain, and robots.