SenseTime Group (HKSE:00020) Beneish M-Score: -2.25 (As of Sep. 09, 2026)

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HKSE:00020 SenseTime Group Inc HKSE:00020
76 GF Score
Price HK$1.33
GF Value HK$2.28
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is SenseTime Group Beneish M-Score?

SenseTime Group HKSE:00020 -2.56% 76 Beneish M-Score is -2.25 as of Sep. 09, 2026. GuruFocus rates HKSE:00020 with a GF Score™ of 76/100 and a GF Value™ of HK$2.28 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,644 Software companies, SenseTime Group ranks worse than 66.15% 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 -2.25 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

HKSE:00020' s Beneish M-Score Range Over the Past 10 Years
Min: -4.26   Med: -2.87   Max: -2.25
Current: -2.25

During the past 8 years, the highest Beneish M-Score of SenseTime Group was -2.25. The lowest was -4.26. And the median was -2.87.

SenseTime Group Beneish M-Score Historical Data

* Premium members only.

The historical data trend for SenseTime 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.

SenseTime Group Beneish M-Score Chart

SenseTime Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial -4.26 -2.87 -3.16 -2.74 -2.25

SenseTime Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -3.16 0.00 -2.74 0.00 -2.25

HKSE:00020 vs CRM, SHOP, UBER: Beneish M-Score Comparison

For the Software - Application subindustry, SenseTime 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.

SenseTime Group Beneish M-Score vs Software Industry

For the Software industry and Technology sector, SenseTime Group's Beneish M-Score distribution charts can be found below:

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


HKSE:00020
76GF Score
SenseTime Group Inc HKSE:00020
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SenseTime 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 SenseTime 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 * 0.8053+0.528 * 1.0471+0.404 * 1.2851+0.892 * 1.3755+0.115 * 1.0971
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.6374+4.679 * -0.03765-0.327 * 0.8972
=-2.25

* 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 HK$3,263 Mil.
Revenue was HK$5,540 Mil.
Gross Profit was HK$2,272 Mil.
Total Current Assets was HK$20,751 Mil.
Total Assets was HK$42,980 Mil.
Property, Plant and Equipment(Net PPE) was HK$8,086 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$1,375 Mil.
Selling, General, & Admin. Expense(SGA) was HK$1,983 Mil.
Total Current Liabilities was HK$6,334 Mil.
Long-Term Debt & Capital Lease Obligation was HK$4,293 Mil.
Net Income was HK$-1,951 Mil.
Gross Profit was HK$0 Mil.
Cash Flow from Operations was HK$-333 Mil.
 Total Receivables was HK$2,946 Mil.
Revenue was HK$4,027 Mil.
Gross Profit was HK$1,729 Mil.
Total Current Assets was HK$19,460 Mil.
Total Assets was HK$36,941 Mil.
Property, Plant and Equipment(Net PPE) was HK$8,022 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$1,522 Mil.
Selling, General, & Admin. Expense(SGA) was HK$2,262 Mil.
Total Current Liabilities was HK$5,076 Mil.
Long-Term Debt & Capital Lease Obligation was HK$5,104 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)
=(3263.392 / 5539.799) / (2946.152 / 4027.367)
=0.589081 / 0.731533
=0.8053

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)
=(1729.305 / 4027.367) / (2271.783 / 5539.799)
=0.429388 / 0.410084
=1.0471

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 - (20751.063 + 8085.942) / 42979.966) / (1 - (19460.215 + 8021.602) / 36940.931)
=0.329059 / 0.256061
=1.2851

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
=5539.799 / 4027.367
=1.3755

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))
=(1522.17 / (1522.17 + 8021.602)) / (1375.449 / (1375.449 + 8085.942))
=0.159494 / 0.145375
=1.0971

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)
=(1982.943 / 5539.799) / (2261.64 / 4027.367)
=0.357945 / 0.561568
=0.6374

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)
=((4293.343 + 6333.564) / 42979.966) / ((5104.244 + 5075.65) / 36940.931)
=0.247253 / 0.275572
=0.8972

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
=(-1950.866 - 0 - -332.679) / 42979.966
=-0.03765

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.

SenseTime Group has a M-score of -2.25 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 -2.25 mean?
SenseTime Group (HKSE:00020) has a Beneish M-Score of -2.25 as of Sep. 09, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on SenseTime Group and its competitors. According to the industry distribution chart, SenseTime Group ranks #1749 out of 2644 companies in the Software industry, placing it in the top 66.1%.
Is SenseTime Group's Beneish M-Score too high?
SenseTime Group's current Beneish M-Score is -2.25. Based on the distribution chart, SenseTime Group ranks #1749 out of 2644 companies in the Software industry, which is below the industry midpoint. Overall, SenseTime Group has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SenseTime Group's Beneish M-Score compare to CRM and SHOP?
According to the Software industry distribution chart, SenseTime Group ranks #1749 out of 2644 companies for Beneish M-Score. This places SenseTime 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 Software company?
A good Beneish M-Score depends on the Software 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 SenseTime Group and its competitors. SenseTime Group's current Beneish M-Score is -2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SenseTime Group stock overvalued right now?
Based on GuruFocus' analysis, SenseTime Group (HKSE:00020) is currently considered Possible Value Trap. The stock's GF Value™ is HK$2.28, compared to a current price of HK$1.33 — trading 41.7% below its estimated fair value. The current Beneish M-Score is -2.25. SenseTime Group's overall GF Score™ is 76/100 with 5 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 SenseTime Group (HKSE:00020), the current Beneish M-Score is -2.25 as of Sep. 09, 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.

Is SenseTime Group (HKSE:00020) Overvalued in 2026?

Based on GuruFocus' analysis, SenseTime Group stock appears to be undervalued. The current stock price of HK$1.33 is trading 41.7% below its estimated GF Value™ of HK$2.28. GuruFocus considers SenseTime Group to be Possible Value Trap.

Key valuation signals for HKSE:00020:

  • Beneish M-Score: -2.25
  • GF Value™: HK$2.28 vs. price of HK$1.33 (41.7% below fair value)
  • GF Score™: 76/100 with 5 warning signs

No single metric tells the full story. See the HKSE:00020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

SenseTime Group Business Description

Other Exchanges SNTMF:USA
Address No. 1900 Hongmei Road, Xuhui District, Shanghai, CHN, 200233
SenseTime Group Inc is a software company focused on creating an AI-empowered future through innovation. The company develops software & hardware products for different industry verticals and use cases based on the same AI infrastructure platform & model training framework. The principal activities of the Group are the sale of AI software, the sale of AI software platforms & related services, the sale of AI software-embedded hardware and related services, AIDC service as well as research and development activities with AI technology. The Company is domiciled in the Cayman Islands while the Group mainly operates its businesses in four geographical areas of the world Mainland China, Northeast Asia, Southeast Asia, and others, out of which the majority is from Mainland China.
76GF Score

Get the complete analysis for HKSE:00020

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

HK$1.33
Price
HK$2.28
GF Value