UISEE Technologies (Beijing) Co (HKSE:01511) Beneish M-Score: -2.80 (As of Aug. 26, 2026)

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HKSE:01511 UISEE Technologies (Beijing) Co Ltd HKSE:01511
9 GF Score
Price HK$60.50
! 2 Warning Signs
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What is UISEE Technologies (Beijing) Co Beneish M-Score?

UISEE Technologies (Beijing) Co HKSE:01511 +0.17% 9 Beneish M-Score is -2.80 as of Aug. 26, 2026. GuruFocus rates HKSE:01511 with a GF Score™ of 9/100. The stock has 2 warning signs investors should review. Among 207 Farm & Heavy Construction Machinery companies, UISEE Technologies (Beijing) Co ranks better than 77.29% 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 -2.8 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for UISEE Technologies (Beijing) Co's Beneish M-Score or its related term are showing as below:

HKSE:01511' s Beneish M-Score Range Over the Past 10 Years
Min: -2.8   Med: -2.35   Max: -1.89
Current: -2.8

During the past 4 years, the highest Beneish M-Score of UISEE Technologies (Beijing) Co was -1.89. The lowest was -2.80. And the median was -2.35.

UISEE Technologies (Beijing) Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for UISEE Technologies (Beijing) 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.

UISEE Technologies (Beijing) Co Beneish M-Score Chart

UISEE Technologies (Beijing) Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Beneish M-Score
0.00 0.00 -1.89 -2.80

UISEE Technologies (Beijing) Co Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Beneish M-Score Get a 7-Day Free Trial 0.00 0.00 -1.89 0.00 -2.80

HKSE:01511 vs CAT, DE, PCAR: Beneish M-Score Comparison

For the Farm & Heavy Construction Machinery subindustry, UISEE Technologies (Beijing) 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.

UISEE Technologies (Beijing) Co Beneish M-Score vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, UISEE Technologies (Beijing) Co's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where UISEE Technologies (Beijing) Co's Beneish M-Score falls into.


HKSE:01511
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UISEE Technologies (Beijing) Co Ltd HKSE:01511
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UISEE Technologies (Beijing) 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 UISEE Technologies (Beijing) 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 * 1.0164+0.528 * 0.8544+0.404 * 1.3023+0.892 * 1.2793+0.115 * 1.0022
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.9354+4.679 * -0.08393-0.327 * 1.7657
=-2.80

* 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$359.1 Mil.
Revenue was HK$362.6 Mil.
Gross Profit was HK$185.5 Mil.
Total Current Assets was HK$579.0 Mil.
Total Assets was HK$695.7 Mil.
Property, Plant and Equipment(Net PPE) was HK$48.8 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$23.6 Mil.
Selling, General, & Admin. Expense(SGA) was HK$48.9 Mil.
Total Current Liabilities was HK$387.6 Mil.
Long-Term Debt & Capital Lease Obligation was HK$12.6 Mil.
Net Income was HK$-250.5 Mil.
Gross Profit was HK$0.0 Mil.
Cash Flow from Operations was HK$-192.1 Mil.
 Total Receivables was HK$276.2 Mil.
Revenue was HK$283.5 Mil.
Gross Profit was HK$123.9 Mil.
Total Current Assets was HK$598.4 Mil.
Total Assets was HK$713.0 Mil.
Property, Plant and Equipment(Net PPE) was HK$61.1 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$29.7 Mil.
Selling, General, & Admin. Expense(SGA) was HK$40.8 Mil.
Total Current Liabilities was HK$202.9 Mil.
Long-Term Debt & Capital Lease Obligation was HK$29.3 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)
=(359.122 / 362.634) / (276.185 / 283.463)
=0.990315 / 0.974325
=1.0164

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)
=(123.857 / 283.463) / (185.458 / 362.634)
=0.436942 / 0.511419
=0.8544

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 - (579.016 + 48.803) / 695.744) / (1 - (598.398 + 61.124) / 712.972)
=0.097629 / 0.074968
=1.3023

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
=362.634 / 283.463
=1.2793

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))
=(29.675 / (29.675 + 61.124)) / (23.617 / (23.617 + 48.803))
=0.326821 / 0.326112
=1.0022

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)
=(48.88 / 362.634) / (40.847 / 283.463)
=0.134792 / 0.1441
=0.9354

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)
=((12.566 + 387.55) / 695.744) / ((29.263 + 202.948) / 712.972)
=0.575091 / 0.325694
=1.7657

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
=(-250.469 - 0 - -192.075) / 695.744
=-0.08393

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.

UISEE Technologies (Beijing) Co has a M-score of -2.80 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 -2.80 mean?
UISEE Technologies (Beijing) Co (HKSE:01511) has a Beneish M-Score of -2.80 as of Aug. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on UISEE Technologies (Beijing) Co and its competitors. According to the industry distribution chart, UISEE Technologies (Beijing) Co ranks #47 out of 207 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 22.7%.
Is UISEE Technologies (Beijing) Co's Beneish M-Score too high?
UISEE Technologies (Beijing) Co's current Beneish M-Score is -2.80. Based on the distribution chart, UISEE Technologies (Beijing) Co ranks #47 out of 207 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, UISEE Technologies (Beijing) Co has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does UISEE Technologies (Beijing) Co's Beneish M-Score compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, UISEE Technologies (Beijing) Co ranks #47 out of 207 companies for Beneish M-Score. This places UISEE Technologies (Beijing) Co in the top 23% 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 Farm & Heavy Construction Machinery company?
A good Beneish M-Score depends on the Farm & Heavy Construction Machinery 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 UISEE Technologies (Beijing) Co and its competitors. UISEE Technologies (Beijing) Co's current Beneish M-Score is -2.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UISEE Technologies (Beijing) Co stock overvalued right now?
UISEE Technologies (Beijing) Co (HKSE:01511) has a current Beneish M-Score of -2.80. The current Beneish M-Score is -2.80. UISEE Technologies (Beijing) Co's overall GF Score™ is 9/100 with 2 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 UISEE Technologies (Beijing) Co (HKSE:01511), the current Beneish M-Score is -2.80 as of Aug. 26, 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.

UISEE Technologies (Beijing) Co Business Description

Address No. 85 Hongan Road, Room 101, 1st Floor, Yuan Building 1, Fangshan District, Beijing, CHN
UISEE Technologies (Beijing) Co Ltd, along with its subsidiaries, is principally engaged in provision of autonomous driving solutions in the PRC and overseas. It operates as a specialized provider of Level 4 (L4) autonomous driving solutions, dedicated to delivering L4 autonomous driving technology services across industries globally. Its offerings serve corporate customers such as airports, factories, and commercial and passenger car manufacturers. The majority of the company's revenue is derived from the sale of Autonomous driving vehicle solutions in the Chinese mainland, followed by Hong Kong and Others.
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