Values Cultural Investment (HKSE:01740) Beneish M-Score: 15.47 (As of Aug. 09, 2026)

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HKSE:01740 Values Cultural Investment Ltd HKSE:01740
48 GF Score
Price HK$0.16
GF Value HK$0.17
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Values Cultural Investment Beneish M-Score?

Values Cultural Investment HKSE:01740 48 Beneish M-Score is 15.47 as of Aug. 09, 2026. GuruFocus rates HKSE:01740 with a GF Score™ of 48/100 and a GF Value™ of HK$0.17 (Fairly Valued). The stock has 4 warning signs investors should review. Among 970 Media - Diversified companies, Values Cultural Investment ranks worse than 98.66% 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.

Warning Sign:

Beneish M-Score 15.47 higher than -1.78, which implies that the company might have manipulated its financial results.

The historical rank and industry rank for Values Cultural Investment's Beneish M-Score or its related term are showing as below:

HKSE:01740' s Beneish M-Score Range Over the Past 10 Years
Min: -37.61   Med: -0.71   Max: 15.47
Current: 15.47

During the past 10 years, the highest Beneish M-Score of Values Cultural Investment was 15.47. The lowest was -37.61. And the median was -0.71.

Values Cultural Investment Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Values Cultural Investment'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.

Values Cultural Investment Beneish M-Score Chart

Values Cultural Investment 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 -37.61 0.99 11.42 -7.75 15.47

Values Cultural Investment Semi-Annual Data
Dec16 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 11.42 0.00 -7.75 0.00 15.47

HKSE:01740 vs NFLX, DIS, WBD: Beneish M-Score Comparison

For the Entertainment subindustry, Values Cultural Investment'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.

Values Cultural Investment Beneish M-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Values Cultural Investment's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Values Cultural Investment's Beneish M-Score falls into.


HKSE:01740
48GF Score
Values Cultural Investment Ltd HKSE:01740
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Values Cultural Investment 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 Values Cultural Investment 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 * 0.0909+0.528 * 32.2384+0.404 * 0+0.892 * 5.0802+0.115 * 0.4958
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.184+4.679 * -0.211123-0.327 * 1.1002
=15.47

* 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$5.70 Mil.
Revenue was HK$22.36 Mil.
Gross Profit was HK$-6.55 Mil.
Total Current Assets was HK$86.94 Mil.
Total Assets was HK$86.97 Mil.
Property, Plant and Equipment(Net PPE) was HK$0.03 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$0.73 Mil.
Selling, General, & Admin. Expense(SGA) was HK$9.46 Mil.
Total Current Liabilities was HK$18.00 Mil.
Long-Term Debt & Capital Lease Obligation was HK$0.06 Mil.
Net Income was HK$-19.90 Mil.
Gross Profit was HK$0.00 Mil.
Cash Flow from Operations was HK$-1.54 Mil.
 Total Receivables was HK$12.34 Mil.
Revenue was HK$4.40 Mil.
Gross Profit was HK$-41.53 Mil.
Total Current Assets was HK$105.76 Mil.
Total Assets was HK$106.80 Mil.
Property, Plant and Equipment(Net PPE) was HK$1.02 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$0.93 Mil.
Selling, General, & Admin. Expense(SGA) was HK$10.12 Mil.
Total Current Liabilities was HK$20.16 Mil.
Long-Term Debt & Capital Lease Obligation was HK$0.00 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)
=(5.699 / 22.363) / (12.341 / 4.402)
=0.254841 / 2.803498
=0.0909

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)
=(-41.534 / 4.402) / (-6.545 / 22.363)
=-9.435257 / -0.292671
=32.2384

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 - (86.942 + 0.031) / 86.973) / (1 - (105.758 + 1.021) / 106.799)
=0 / 0.000187
=0

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
=22.363 / 4.402
=5.0802

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))
=(0.926 / (0.926 + 1.021)) / (0.729 / (0.729 + 0.031))
=0.475603 / 0.959211
=0.4958

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)
=(9.46 / 22.363) / (10.118 / 4.402)
=0.42302 / 2.298501
=0.184

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)
=((0.06 + 18) / 86.973) / ((0 + 20.157) / 106.799)
=0.207651 / 0.188738
=1.1002

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
=(-19.902 - 0 - -1.54) / 86.973
=-0.211123

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.

Values Cultural Investment has a M-score of 15.47 signals that the company is likely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 15.47 mean?
Values Cultural Investment (HKSE:01740) has a Beneish M-Score of 15.47 as of Aug. 09, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Values Cultural Investment and its competitors. According to the industry distribution chart, Values Cultural Investment ranks #957 out of 970 companies in the Media - Diversified industry, placing it in the top 98.7%.
Is Values Cultural Investment's Beneish M-Score too high?
Values Cultural Investment's current Beneish M-Score is 15.47. Based on the distribution chart, Values Cultural Investment ranks #957 out of 970 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Values Cultural Investment has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Values Cultural Investment's Beneish M-Score compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Values Cultural Investment ranks #957 out of 970 companies for Beneish M-Score. This places Values Cultural Investment 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 Media - Diversified company?
A good Beneish M-Score depends on the Media - Diversified 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 Values Cultural Investment and its competitors. Values Cultural Investment's current Beneish M-Score is 15.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Values Cultural Investment stock overvalued right now?
Based on GuruFocus' analysis, Values Cultural Investment (HKSE:01740) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.17, compared to a current price of HK$0.16 — trading 4.7% below its estimated fair value. The current Beneish M-Score is 15.47. Values Cultural Investment's overall GF Score™ is 48/100 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 Values Cultural Investment (HKSE:01740), the current Beneish M-Score is 15.47 as of Aug. 09, 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 Values Cultural Investment (HKSE:01740) Overvalued in 2026?

Based on GuruFocus' analysis, Values Cultural Investment stock appears to be undervalued. The current stock price of HK$0.16 is trading 4.7% below its estimated GF Value™ of HK$0.17. GuruFocus considers Values Cultural Investment to be Fairly Valued.

Key valuation signals for HKSE:01740:

  • Beneish M-Score: 15.47
  • GF Value™: HK$0.17 vs. price of HK$0.16 (4.7% below fair value)
  • GF Score™: 48/100 with 4 warning signs

No single metric tells the full story. See the HKSE:01740 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Values Cultural Investment Business Description

Address 255 King’s Road, Room 1503, 15th Floor, Olympia Plaza, North Point, Hong Kong, HKG
Values Cultural Investment Ltd is an investment holding company. Along with its subsidiaries, it is principally engaged in the business of licensing broadcasting rights of TV or web series; investments in TV or web series as a non-executive producer; and acting as a distribution agent of TV series. Geographically, all of the companies revenue is generated from customers located in Mainland China.
48GF Score

Get the complete analysis for HKSE:01740

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

HK$0.16
Price
HK$0.17
GF Value