HIGR (Hi-Great Group Holding Co) Beneish M-Score: 0.00 (As of Jul. 30, 2026)

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What is Hi-Great Group Holding Co Beneish M-Score?

Hi-Great Group Holding Co HIGR Beneish M-Score is 0.00 as of Jul. 30, 2026. The stock has 2 warning signs investors should review. Among 1,852 Consumer Packaged Goods companies, Hi-Great Group Holding Co ranks worse than 53995.63% 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 Hi-Great Group Holding Co's Beneish M-Score or its related term are showing as below:

During the past 7 years, the highest Beneish M-Score of Hi-Great Group Holding Co was -7.99. The lowest was -8.93. And the median was -8.46.

Hi-Great Group Holding Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Hi-Great Group Holding 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.

Hi-Great Group Holding Co Beneish M-Score Chart

Hi-Great Group Holding Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial 0.00 0.00 0.00 -7.99 0.00

Hi-Great Group Holding Co 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 -8.93 0.00 0.00 0.00 0.00

HIGR vs TOFB, ATPC, NCRA: Beneish M-Score Comparison

For the Packaged Foods subindustry, Hi-Great Group Holding 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.

Hi-Great Group Holding Co Beneish M-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hi-Great Group Holding Co's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Hi-Great Group Holding Co's Beneish M-Score falls into.


Hi-Great Group Holding 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 Hi-Great Group Holding 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 * +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 $0.00 Mil.
Revenue was 0.013 + 0.002 + 0.016 + 0.01 = $0.04 Mil.
Gross Profit was 0.006 + -0.039 + 0.007 + 0.006 = $-0.02 Mil.
Total Current Assets was $0.02 Mil.
Total Assets was $0.02 Mil.
Property, Plant and Equipment(Net PPE) was $0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.00 Mil.
Selling, General, & Admin. Expense(SGA) was $0.06 Mil.
Total Current Liabilities was $0.20 Mil.
Long-Term Debt & Capital Lease Obligation was $0.08 Mil.
Net Income was -0.008 + -0.043 + -0.008 + -0.017 = $-0.08 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = $0.00 Mil.
Cash Flow from Operations was 0.005 + -0.087 + 0.008 + -0.002 = $-0.08 Mil.
 Total Receivables was $0.00 Mil.
Revenue was 0.009 + 0.014 + 0.031 + 0.015 = $0.07 Mil.
Gross Profit was 0.001 + 0.006 + 0.016 + 0.007 = $0.03 Mil.
Total Current Assets was $0.07 Mil.
Total Assets was $0.07 Mil.
Property, Plant and Equipment(Net PPE) was $0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.04 Mil.
Selling, General, & Admin. Expense(SGA) was $0.07 Mil.
Total Current Liabilities was $0.25 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 / 0.041) / (0 / 0.069)
=0 / 0
=

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)
=(0.03 / 0.069) / (-0.02 / 0.041)
=0.434783 / -0.487805
=

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 - (0.022 + 0) / 0.022) / (1 - (0.071 + 0) / 0.071)
=0 / 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
=0.041 / 0.069
=

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))
=(0.042 / (0.042 + 0)) / (0 / (0 + 0))
=1 /
=

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)
=(0.055 / 0.041) / (0.069 / 0.069)
=1.341463 / 1
=

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)
=((0.083 + 0.195) / 0.022) / ((0 + 0.253) / 0.071)
=12.636364 / 3.56338
=

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
=(-0.076 - 0 - -0.076) / 0.022
=-0

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?
Hi-Great Group Holding Co (HIGR) has a Beneish M-Score of 0.00 as of Jul. 30, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Hi-Great Group Holding Co and its competitors. According to the industry distribution chart, Hi-Great Group Holding Co ranks #999999 out of 1852 companies in the Consumer Packaged Goods industry.
Is Hi-Great Group Holding Co's Beneish M-Score too high?
Hi-Great Group Holding Co's current Beneish M-Score is 0.00. Based on the distribution chart, Hi-Great Group Holding Co ranks #999999 out of 1852 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers.
How does Hi-Great Group Holding Co's Beneish M-Score compare to TOFB and ATPC?
According to the Consumer Packaged Goods industry distribution chart, Hi-Great Group Holding Co ranks #999999 out of 1852 companies for Beneish M-Score. This places Hi-Great Group Holding Co 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 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 Hi-Great Group Holding Co and its competitors. Hi-Great Group Holding Co'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 Hi-Great Group Holding Co stock overvalued right now?
Hi-Great Group Holding Co (HIGR) 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 Hi-Great Group Holding Co (HIGR), the current Beneish M-Score is 0.00 as of Jul. 30, 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.

Hi-Great Group Holding Co Business Description

Address 621 South Virgil Avenue, Suite 460, Los Angeles, CA, USA, 90005
Hi-Great Group Holding Co is engaged in the distribution of plant-based finished consumer products and the sale of herbal supplements and compounds. The company integrates the use of specialty herbs into its health supplement business to include expansion into the cosmetics sector using multiple herbal oils and compounds. The Company is also involved in Agritourism and sells herbal supplements. The company focuses on two core business activities namely, sales of Nutritional Health Supplements and the build out of the Harvest Island Garden Resort. Currently, the Nutritional Health Supplements is engaged in selling health supplements online, and the new retail website is being developed to increase internet traffic and customer retention.