China Electronics Huada Technology Co (HKSE:00085) Beneish M-Score: -2.60 (As of Aug. 25, 2026)

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HKSE:00085 China Electronics Huada Technology Co Ltd HKSE:00085
68 GF Score
Price HK$0.89
GF Value HK$1.14
Valuation Modestly Undervalued
! 4 Warning Signs
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What is China Electronics Huada Technology Co Beneish M-Score?

China Electronics Huada Technology Co HKSE:00085 68 Beneish M-Score is -2.60 as of Aug. 25, 2026. GuruFocus rates HKSE:00085 with a GF Score™ of 68/100 and a GF Value™ of HK$1.14 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 985 Semiconductors companies, China Electronics Huada Technology Co ranks better than 65.58% 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 -2.6 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for China Electronics Huada Technology Co's Beneish M-Score or its related term are showing as below:

HKSE:00085' s Beneish M-Score Range Over the Past 10 Years
Min: -5.28   Med: -2.25   Max: 6.34
Current: -2.6

During the past 13 years, the highest Beneish M-Score of China Electronics Huada Technology Co was 6.34. The lowest was -5.28. And the median was -2.25.

China Electronics Huada Technology Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for China Electronics Huada 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.

China Electronics Huada Technology Co Beneish M-Score Chart

China Electronics Huada Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.73 -2.86 -2.11 -2.19 -2.60

China Electronics Huada Technology Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.11 0.00 -2.19 0.00 -2.60

HKSE:00085 vs NVDA, AVGO, MU: Beneish M-Score Comparison

For the Semiconductors subindustry, China Electronics Huada 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.

China Electronics Huada Technology Co Beneish M-Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, China Electronics Huada Technology Co's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where China Electronics Huada Technology Co's Beneish M-Score falls into.


HKSE:00085
68GF Score
China Electronics Huada Technology Co Ltd HKSE:00085
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Electronics Huada 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 China Electronics Huada 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 * 0.8707+0.528 * 1.2593+0.404 * 0.968+0.892 * 0.9286+0.115 * 0.8844
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.1292+4.679 * -0.01827-0.327 * 0.8239
=-2.60

* 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$425 Mil.
Revenue was HK$2,181 Mil.
Gross Profit was HK$837 Mil.
Total Current Assets was HK$2,874 Mil.
Total Assets was HK$3,814 Mil.
Property, Plant and Equipment(Net PPE) was HK$85 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$96 Mil.
Selling, General, & Admin. Expense(SGA) was HK$168 Mil.
Total Current Liabilities was HK$1,169 Mil.
Long-Term Debt & Capital Lease Obligation was HK$3 Mil.
Net Income was HK$235 Mil.
Gross Profit was HK$0 Mil.
Cash Flow from Operations was HK$305 Mil.
 Total Receivables was HK$526 Mil.
Revenue was HK$2,349 Mil.
Gross Profit was HK$1,135 Mil.
Total Current Assets was HK$3,106 Mil.
Total Assets was HK$4,174 Mil.
Property, Plant and Equipment(Net PPE) was HK$101 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$88 Mil.
Selling, General, & Admin. Expense(SGA) was HK$161 Mil.
Total Current Liabilities was HK$1,543 Mil.
Long-Term Debt & Capital Lease Obligation was HK$14 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)
=(425.222 / 2181.165) / (525.949 / 2348.984)
=0.194952 / 0.223905
=0.8707

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)
=(1134.963 / 2348.984) / (836.864 / 2181.165)
=0.483172 / 0.383678
=1.2593

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 - (2873.983 + 85.195) / 3814.452) / (1 - (3106.414 + 100.712) / 4174.001)
=0.224219 / 0.231642
=0.968

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
=2181.165 / 2348.984
=0.9286

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))
=(88.459 / (88.459 + 100.712)) / (95.582 / (95.582 + 85.195))
=0.467614 / 0.528729
=0.8844

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)
=(168.462 / 2181.165) / (160.674 / 2348.984)
=0.077235 / 0.068401
=1.1292

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)
=((2.601 + 1169.387) / 3814.452) / ((13.706 + 1542.805) / 4174.001)
=0.307249 / 0.372906
=0.8239

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
=(235.356 - 0 - 305.045) / 3814.452
=-0.01827

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.

China Electronics Huada Technology Co has a M-score of -2.60 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 -2.60 mean?
China Electronics Huada Technology Co (HKSE:00085) has a Beneish M-Score of -2.60 as of Aug. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on China Electronics Huada Technology Co and its competitors. According to the industry distribution chart, China Electronics Huada Technology Co ranks #339 out of 985 companies in the Semiconductors industry, placing it in the top 34.4%.
Is China Electronics Huada Technology Co's Beneish M-Score too high?
China Electronics Huada Technology Co's current Beneish M-Score is -2.60. Based on the distribution chart, China Electronics Huada Technology Co ranks #339 out of 985 companies in the Semiconductors industry, which is above the industry midpoint. Overall, China Electronics Huada Technology Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Electronics Huada Technology Co's Beneish M-Score compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, China Electronics Huada Technology Co ranks #339 out of 985 companies for Beneish M-Score. This puts China Electronics Huada Technology Co in the upper 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 Semiconductors company?
A good Beneish M-Score depends on the Semiconductors 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 China Electronics Huada Technology Co and its competitors. China Electronics Huada Technology Co's current Beneish M-Score is -2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Electronics Huada Technology Co stock overvalued right now?
Based on GuruFocus' analysis, China Electronics Huada Technology Co (HKSE:00085) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.14, compared to a current price of HK$0.89 — trading 21.9% below its estimated fair value. The current Beneish M-Score is -2.60. China Electronics Huada Technology Co's overall GF Score™ is 68/100 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 China Electronics Huada Technology Co (HKSE:00085), the current Beneish M-Score is -2.60 as of Aug. 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.

Is China Electronics Huada Technology Co (HKSE:00085) Overvalued in 2026?

Based on GuruFocus' analysis, China Electronics Huada Technology Co stock appears to be undervalued. The current stock price of HK$0.89 is trading 21.9% below its estimated GF Value™ of HK$1.14. GuruFocus considers China Electronics Huada Technology Co to be Modestly Undervalued.

Key valuation signals for HKSE:00085:

  • Beneish M-Score: -2.60
  • GF Value™: HK$1.14 vs. price of HK$0.89 (21.9% below fair value)
  • GF Score™: 68/100 with 4 warning signs

No single metric tells the full story. See the HKSE:00085 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Electronics Huada Technology Co Business Description

Address 26 Harbour Road, Room 3403, 34th Floor, China Resources Building, Wanchai, Hong Kong, HKG
China Electronics Huada Technology Co Ltd is an investment holding company. The principal activities of the Group are the design and sale of integrated circuit chips. The Group's integrated circuits design business comprises the design of smart cards and secure element chips and the development of application systems. Its products are mainly used in the sectors of identity authentication, financial payment, government utilities, telecommunications, Internet of Things and Internet of Vehicles. Its segment is sale of integrated circuit products and provision of services. The Group generates revenue from Mainland China.
68GF Score

Get the complete analysis for HKSE:00085

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

HK$0.89
Price
HK$1.14
GF Value