Deepexi Technology Co (HKSE:01384) Beneish M-Score: -4.87 (As of Aug. 14, 2026)

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HKSE:01384 Deepexi Technology Co Ltd HKSE:01384
11 GF Score
Price HK$37.50
! 3 Warning Signs
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What is Deepexi Technology Co Beneish M-Score?

Deepexi Technology Co HKSE:01384 +1.96% 11 Beneish M-Score is -4.87 as of Aug. 14, 2026. GuruFocus rates HKSE:01384 with a GF Score™ of 11/100. The stock has 3 warning signs investors should review. Among 2,634 Software companies, Deepexi Technology Co ranks better than 95.33% 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 -4.87 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

HKSE:01384' s Beneish M-Score Range Over the Past 10 Years
Min: -15.18   Med: -10.03   Max: -4.87
Current: -4.87

During the past 4 years, the highest Beneish M-Score of Deepexi Technology Co was -4.87. The lowest was -15.18. And the median was -10.03.

Deepexi Technology Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Deepexi 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.

Deepexi Technology Co Beneish M-Score Chart

Deepexi Technology Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Beneish M-Score
0.00 0.00 -15.18 -4.87

Deepexi Technology Co Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Beneish M-Score Get a 7-Day Free Trial 0.00 -15.18 0.00 -4.87 0.00

HKSE:01384 vs QH, SHOP, UBER: Beneish M-Score Comparison

For the Software - Application subindustry, Deepexi 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.

Deepexi Technology Co Beneish M-Score vs Software Industry

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

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


HKSE:01384
11GF Score
Deepexi Technology Co Ltd HKSE:01384
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Deepexi 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 Deepexi 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 * 1.0461+0.528 * 0.9431+0.404 * 0.3702+0.892 * 1.7676+0.115 * 1.7201
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.344+4.679 * -0.678986-0.327 * 0.0242
=-4.87

* 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$371.2 Mil.
Revenue was HK$458.5 Mil.
Gross Profit was HK$252.5 Mil.
Total Current Assets was HK$1,172.8 Mil.
Total Assets was HK$1,196.9 Mil.
Property, Plant and Equipment(Net PPE) was HK$20.8 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$11.5 Mil.
Selling, General, & Admin. Expense(SGA) was HK$351.1 Mil.
Total Current Liabilities was HK$274.5 Mil.
Long-Term Debt & Capital Lease Obligation was HK$5.6 Mil.
Net Income was HK$-1,032.4 Mil.
Gross Profit was HK$0.0 Mil.
Cash Flow from Operations was HK$-219.7 Mil.
 Total Receivables was HK$200.7 Mil.
Revenue was HK$259.4 Mil.
Gross Profit was HK$134.7 Mil.
Total Current Assets was HK$440.5 Mil.
Total Assets was HK$453.6 Mil.
Property, Plant and Equipment(Net PPE) was HK$9.7 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$15.3 Mil.
Selling, General, & Admin. Expense(SGA) was HK$147.8 Mil.
Total Current Liabilities was HK$4,376.5 Mil.
Long-Term Debt & Capital Lease Obligation was HK$1.7 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)
=(371.162 / 458.451) / (200.727 / 259.365)
=0.8096 / 0.773917
=1.0461

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)
=(134.716 / 259.365) / (252.49 / 458.451)
=0.519407 / 0.550746
=0.9431

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 - (1172.777 + 20.815) / 1196.92) / (1 - (440.495 + 9.663) / 453.564)
=0.00278 / 0.007509
=0.3702

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
=458.451 / 259.365
=1.7676

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))
=(15.273 / (15.273 + 9.663)) / (11.51 / (11.51 + 20.815))
=0.612488 / 0.356071
=1.7201

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)
=(351.056 / 458.451) / (147.776 / 259.365)
=0.765744 / 0.569761
=1.344

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)
=((5.64 + 274.534) / 1196.92) / ((1.714 + 4376.521) / 453.564)
=0.234079 / 9.65296
=0.0242

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
=(-1032.431 - 0 - -219.739) / 1196.92
=-0.678986

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.

Deepexi Technology Co has a M-score of -4.87 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 -4.87 mean?
Deepexi Technology Co (HKSE:01384) has a Beneish M-Score of -4.87 as of Aug. 14, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Deepexi Technology Co and its competitors. According to the industry distribution chart, Deepexi Technology Co ranks #123 out of 2634 companies in the Software industry, placing it in the top 4.7%.
Is Deepexi Technology Co's Beneish M-Score too high?
Deepexi Technology Co's current Beneish M-Score is -4.87. Based on the distribution chart, Deepexi Technology Co ranks #123 out of 2634 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Deepexi Technology Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Deepexi Technology Co's Beneish M-Score compare to QH and SHOP?
According to the Software industry distribution chart, Deepexi Technology Co ranks #123 out of 2634 companies for Beneish M-Score. This places Deepexi Technology Co in the top 5% of its industry — outperforming the majority of peers. 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 Deepexi Technology Co and its competitors. Deepexi Technology Co's current Beneish M-Score is -4.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deepexi Technology Co stock overvalued right now?
Deepexi Technology Co (HKSE:01384) has a current Beneish M-Score of -4.87. The current Beneish M-Score is -4.87. Deepexi Technology Co's overall GF Score™ is 11/100 with 3 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 Deepexi Technology Co (HKSE:01384), the current Beneish M-Score is -4.87 as of Aug. 14, 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.

Deepexi Technology Co Business Description

Address Xueyuan South Road, Room 1001-1002, 10th Floor, Building 1, No. 62 Courtyard, Haidian District, Beijing, CHN
Deepexi Technology Co Ltd provides artificial intelligence solutions aimed at improving operational efficiency across industries such as consumer goods, manufacturing, healthcare, and transportation. The company operates through two main platforms: the FastData Foil Data Fusion Platform, which organizes and processes large volumes of structured and unstructured data, and the Deepexi Enterprise Large Model Platform, which delivers AI applications for decision-making and automation. It generates revenue by offering these AI-powered software solutions and cloud services that help clients streamline operations, enhance data insights, and automate workflows. These platforms can be deployed independently or together to meet specific business needs.
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