Chu Kong Shipping Enterprises (Group) Co (HKSE:00560) Beneish M-Score: -2.44 (As of Jul. 21, 2026)

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HKSE:00560 Chu Kong Shipping Enterprises (Group) Co Ltd HKSE:00560
52 GF Score
Price HK$0.63
GF Value HK$0.74
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Chu Kong Shipping Enterprises (Group) Co Beneish M-Score?

Chu Kong Shipping Enterprises (Group) Co HKSE:00560 52 Beneish M-Score is -2.44 as of Jul. 21, 2026. GuruFocus rates HKSE:00560 with a GF Score™ of 52/100 and a GF Value™ of HK$0.74 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 966 Transportation companies, Chu Kong Shipping Enterprises (Group) Co ranks worse than 62.63% 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.

Good Sign:

Beneish M-Score -2.44 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Chu Kong Shipping Enterprises (Group) Co's Beneish M-Score or its related term are showing as below:

HKSE:00560' s Beneish M-Score Range Over the Past 10 Years
Min: -2.96   Med: -2.44   Max: -1.93
Current: -2.44

During the past 13 years, the highest Beneish M-Score of Chu Kong Shipping Enterprises (Group) Co was -1.93. The lowest was -2.96. And the median was -2.44.

Chu Kong Shipping Enterprises (Group) Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Chu Kong Shipping Enterprises (Group) 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.

Chu Kong Shipping Enterprises (Group) Co Beneish M-Score Chart

Chu Kong Shipping Enterprises (Group) 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 -2.96 -2.37 -2.44 -1.93 -2.44

Chu Kong Shipping Enterprises (Group) 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 -2.44 0.00 -1.93 0.00 -2.44

Chu Kong Shipping Enterprises (Group) Co Beneish M-Score Competitor Comparison

For the Marine Shipping subindustry, Chu Kong Shipping Enterprises (Group) 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.

Chu Kong Shipping Enterprises (Group) Co Beneish M-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Chu Kong Shipping Enterprises (Group) Co's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Chu Kong Shipping Enterprises (Group) Co's Beneish M-Score falls into.


HKSE:00560
52GF Score
Chu Kong Shipping Enterprises (Group) Co Ltd HKSE:00560
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chu Kong Shipping Enterprises (Group) 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 Chu Kong Shipping Enterprises (Group) 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 * 1.1616+0.528 * 1.4236+0.404 * 1.0436+0.892 * 0.9306+0.115 * 0.909
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.1089+4.679 * -0.037502-0.327 * 1.2534
=-2.44

* 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$649 Mil.
Revenue was HK$2,551 Mil.
Gross Profit was HK$157 Mil.
Total Current Assets was HK$1,634 Mil.
Total Assets was HK$6,095 Mil.
Property, Plant and Equipment(Net PPE) was HK$3,148 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$200 Mil.
Selling, General, & Admin. Expense(SGA) was HK$308 Mil.
Total Current Liabilities was HK$1,213 Mil.
Long-Term Debt & Capital Lease Obligation was HK$323 Mil.
Net Income was HK$52 Mil.
Gross Profit was HK$0 Mil.
Cash Flow from Operations was HK$281 Mil.
 Total Receivables was HK$600 Mil.
Revenue was HK$2,741 Mil.
Gross Profit was HK$240 Mil.
Total Current Assets was HK$1,466 Mil.
Total Assets was HK$5,505 Mil.
Property, Plant and Equipment(Net PPE) was HK$2,902 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$167 Mil.
Selling, General, & Admin. Expense(SGA) was HK$298 Mil.
Total Current Liabilities was HK$967 Mil.
Long-Term Debt & Capital Lease Obligation was HK$139 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)
=(648.778 / 2551.156) / (600.128 / 2741.286)
=0.254307 / 0.218922
=1.1616

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)
=(240.068 / 2741.286) / (156.942 / 2551.156)
=0.087575 / 0.061518
=1.4236

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 - (1633.523 + 3147.539) / 6095.133) / (1 - (1465.987 + 2901.884) / 5505.157)
=0.215593 / 0.206586
=1.0436

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
=2551.156 / 2741.286
=0.9306

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))
=(166.662 / (166.662 + 2901.884)) / (200.013 / (200.013 + 3147.539))
=0.054313 / 0.059749
=0.909

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)
=(307.858 / 2551.156) / (298.326 / 2741.286)
=0.120674 / 0.108827
=1.1089

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)
=((322.948 + 1212.75) / 6095.133) / ((139.476 + 967.173) / 5505.157)
=0.251955 / 0.20102
=1.2534

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
=(51.996 - 0 - 280.577) / 6095.133
=-0.037502

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.

Chu Kong Shipping Enterprises (Group) Co has a M-score of -2.44 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 -2.44 mean?
Chu Kong Shipping Enterprises (Group) Co (HKSE:00560) has a Beneish M-Score of -2.44 as of Jul. 21, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Chu Kong Shipping Enterprises (Group) Co and its competitors. According to the industry distribution chart, Chu Kong Shipping Enterprises (Group) Co ranks #605 out of 966 companies in the Transportation industry, placing it in the top 62.6%.
Is Chu Kong Shipping Enterprises (Group) Co's Beneish M-Score too high?
Chu Kong Shipping Enterprises (Group) Co's current Beneish M-Score is -2.44. Based on the distribution chart, Chu Kong Shipping Enterprises (Group) Co ranks #605 out of 966 companies in the Transportation industry, which is below the industry midpoint. Overall, Chu Kong Shipping Enterprises (Group) Co has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chu Kong Shipping Enterprises (Group) Co's Beneish M-Score compare to competitors?
According to the Transportation industry distribution chart, Chu Kong Shipping Enterprises (Group) Co ranks #605 out of 966 companies for Beneish M-Score. This places Chu Kong Shipping Enterprises (Group) 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 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 Chu Kong Shipping Enterprises (Group) Co and its competitors. Chu Kong Shipping Enterprises (Group) Co's current Beneish M-Score is -2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chu Kong Shipping Enterprises (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, Chu Kong Shipping Enterprises (Group) Co (HKSE:00560) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.74, compared to a current price of HK$0.63 — trading 14.9% below its estimated fair value. The current Beneish M-Score is -2.44. Chu Kong Shipping Enterprises (Group) Co's overall GF Score™ is 52/100 with 9 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 Chu Kong Shipping Enterprises (Group) Co (HKSE:00560), the current Beneish M-Score is -2.44 as of Jul. 21, 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 Chu Kong Shipping Enterprises (Group) Co (HKSE:00560) Overvalued in 2026?

Based on GuruFocus' analysis, Chu Kong Shipping Enterprises (Group) Co stock appears to be undervalued. The current stock price of HK$0.63 is trading 14.9% below its estimated GF Value™ of HK$0.74. GuruFocus considers Chu Kong Shipping Enterprises (Group) Co to be Modestly Undervalued.

Key valuation signals for HKSE:00560:

  • Beneish M-Score: -2.44
  • GF Value™: HK$0.74 vs. price of HK$0.63 (14.9% below fair value)
  • GF Score™: 52/100 with 9 warning signs

No single metric tells the full story. See the HKSE:00560 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Chu Kong Shipping Enterprises (Group) Co Business Description

Address 143 Connaught Road, 24th Floor, Chu Kong Shipping Tower, Central, Hong Kong, HKG
Chu Kong Shipping Enterprises (Group) Co Ltd is an investment holding company, focusing mainly on terminal navigation logistics, high-speed waterway passenger transportation, and fuel supply business. The operating segments of the group are Cargo transportation, Cargo handling and storage, Passenger transportation, Fuel supply, and Corporate and other businesses. It derives key revenue from the Cargo transportation segment, which consists of shipping agency, river trade, cargo direct shipment and transhipment, and container handling and trucking. The group's revenue is derived from operations carried out in Mainland China and Hong Kong, and also has a joint venture in Singapore and Macao.
52GF Score

Get the complete analysis for HKSE:00560

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

HK$0.63
Price
HK$0.74
GF Value