China Infrastructure & Logistics Group (HKSE:01719) Beneish M-Score: -2.66 (As of Aug. 17, 2026)

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HKSE:01719 China Infrastructure & Logistics Group Ltd HKSE:01719
54 GF Score
Price HK$0.27
GF Value HK$0.88
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is China Infrastructure & Logistics Group Beneish M-Score?

China Infrastructure & Logistics Group HKSE:01719 54 Beneish M-Score is -2.66 as of Aug. 17, 2026. GuruFocus rates HKSE:01719 with a GF Score™ of 54/100 and a GF Value™ of HK$0.88 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 966 Transportation companies, China Infrastructure & Logistics Group ranks better than 58.59% 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 -2.66 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

HKSE:01719' s Beneish M-Score Range Over the Past 10 Years
Min: -3.05   Med: -2.39   Max: -1.7
Current: -2.66

During the past 13 years, the highest Beneish M-Score of China Infrastructure & Logistics Group was -1.70. The lowest was -3.05. And the median was -2.39.

China Infrastructure & Logistics Group Beneish M-Score Historical Data

* Premium members only.

The historical data trend for China Infrastructure & Logistics 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.

China Infrastructure & Logistics Group Beneish M-Score Chart

China Infrastructure & Logistics Group 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 -3.05 -2.37 -2.44 -2.29 -2.66

China Infrastructure & Logistics Group 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 -2.29 0.00 -2.66

China Infrastructure & Logistics Group Beneish M-Score Competitor Comparison

For the Marine Shipping subindustry, China Infrastructure & Logistics 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.

China Infrastructure & Logistics Group Beneish M-Score vs Transportation Industry

For the Transportation industry and Industrials sector, China Infrastructure & Logistics Group's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where China Infrastructure & Logistics Group's Beneish M-Score falls into.


HKSE:01719
54GF Score
China Infrastructure & Logistics Group Ltd HKSE:01719
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Infrastructure & Logistics 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 China Infrastructure & Logistics 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 * 0.9607+0.528 * 0.8586+0.404 * 1.0115+0.892 * 1.0298+0.115 * 1.0335
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.7995+4.679 * -0.033608-0.327 * 0.9316
=-2.66

* 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$87.3 Mil.
Revenue was HK$408.3 Mil.
Gross Profit was HK$73.9 Mil.
Total Current Assets was HK$173.4 Mil.
Total Assets was HK$1,349.7 Mil.
Property, Plant and Equipment(Net PPE) was HK$311.8 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$25.7 Mil.
Selling, General, & Admin. Expense(SGA) was HK$27.0 Mil.
Total Current Liabilities was HK$323.3 Mil.
Long-Term Debt & Capital Lease Obligation was HK$40.2 Mil.
Net Income was HK$10.9 Mil.
Gross Profit was HK$0.0 Mil.
Cash Flow from Operations was HK$56.3 Mil.
 Total Receivables was HK$88.2 Mil.
Revenue was HK$396.5 Mil.
Gross Profit was HK$61.6 Mil.
Total Current Assets was HK$161.8 Mil.
Total Assets was HK$1,307.4 Mil.
Property, Plant and Equipment(Net PPE) was HK$317.7 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$27.2 Mil.
Selling, General, & Admin. Expense(SGA) was HK$32.8 Mil.
Total Current Liabilities was HK$293.4 Mil.
Long-Term Debt & Capital Lease Obligation was HK$84.6 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)
=(87.273 / 408.348) / (88.212 / 396.529)
=0.213722 / 0.22246
=0.9607

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)
=(61.613 / 396.529) / (73.899 / 408.348)
=0.155381 / 0.180971
=0.8586

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 - (173.379 + 311.8) / 1349.661) / (1 - (161.77 + 317.701) / 1307.385)
=0.640518 / 0.63326
=1.0115

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
=408.348 / 396.529
=1.0298

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))
=(27.169 / (27.169 + 317.701)) / (25.728 / (25.728 + 311.8))
=0.07878 / 0.076225
=1.0335

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)
=(26.982 / 408.348) / (32.772 / 396.529)
=0.066076 / 0.082647
=0.7995

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)
=((40.235 + 323.288) / 1349.661) / ((84.564 + 293.414) / 1307.385)
=0.269344 / 0.28911
=0.9316

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
=(10.947 - 0 - 56.306) / 1349.661
=-0.033608

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 Infrastructure & Logistics Group has a M-score of -2.66 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 -2.66 mean?
China Infrastructure & Logistics Group (HKSE:01719) has a Beneish M-Score of -2.66 as of Aug. 17, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on China Infrastructure & Logistics Group and its competitors. According to the industry distribution chart, China Infrastructure & Logistics Group ranks #400 out of 966 companies in the Transportation industry, placing it in the top 41.4%.
Is China Infrastructure & Logistics Group's Beneish M-Score too high?
China Infrastructure & Logistics Group's current Beneish M-Score is -2.66. Based on the distribution chart, China Infrastructure & Logistics Group ranks #400 out of 966 companies in the Transportation industry, which is above the industry midpoint. Overall, China Infrastructure & Logistics Group has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Infrastructure & Logistics Group's Beneish M-Score compare to competitors?
According to the Transportation industry distribution chart, China Infrastructure & Logistics Group ranks #400 out of 966 companies for Beneish M-Score. This puts China Infrastructure & Logistics Group 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 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 China Infrastructure & Logistics Group and its competitors. China Infrastructure & Logistics Group's current Beneish M-Score is -2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Infrastructure & Logistics Group stock overvalued right now?
Based on GuruFocus' analysis, China Infrastructure & Logistics Group (HKSE:01719) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.88, compared to a current price of HK$0.27 — trading 69.9% below its estimated fair value. The current Beneish M-Score is -2.66. China Infrastructure & Logistics Group's overall GF Score™ is 54/100 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 China Infrastructure & Logistics Group (HKSE:01719), the current Beneish M-Score is -2.66 as of Aug. 17, 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 Infrastructure & Logistics Group (HKSE:01719) Overvalued in 2026?

Based on GuruFocus' analysis, China Infrastructure & Logistics Group stock appears to be undervalued. The current stock price of HK$0.27 is trading 69.9% below its estimated GF Value™ of HK$0.88. GuruFocus considers China Infrastructure & Logistics Group to be Possible Value Trap.

Key valuation signals for HKSE:01719:

  • Beneish M-Score: -2.66
  • GF Value™: HK$0.88 vs. price of HK$0.27 (69.9% below fair value)
  • GF Score™: 54/100 with 3 warning signs

No single metric tells the full story. See the HKSE:01719 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Infrastructure & Logistics Group Business Description

Address No. 1 On Hing Terrace, On Hing Building, Unit A, 7th Floor, Central, Hong Kong, HKG
China Infrastructure & Logistics Group Ltd is an investment holding company. It operates in the segments of Property business that offers port and warehouse leasing; Terminal & related business which provides terminal service, Container handling, storage, and other services, general and bulk cargo handling service; Integrated logistics business renders agency and logistics services, including the provision of freight forwarding, customs clearance, transportation of containers and logistics management; and Supply chain management and trading business offer sourcing, procurement and trading of commodities. The company generates the majority of its revenue from the Terminal & related business segment.
54GF Score

Get the complete analysis for HKSE:01719

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

HK$0.27
Price
HK$0.88
GF Value