China Oriented International Holdings (HKSE:01871) Beneish M-Score: 0.00 (As of Aug. 13, 2026)

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HKSE:01871 China Oriented International Holdings Ltd HKSE:01871
50 GF Score
Price HK$0.31
GF Value HK$0.18
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is China Oriented International Holdings Beneish M-Score?

China Oriented International Holdings HKSE:01871 50 Beneish M-Score is 0.00 as of Aug. 13, 2026. GuruFocus rates HKSE:01871 with a GF Score™ of 50/100 and a GF Value™ of HK$0.18 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 240 Education companies, China Oriented International Holdings ranks worse than 416666.25% 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.

The historical rank and industry rank for China Oriented International Holdings's Beneish M-Score or its related term are showing as below:

During the past 10 years, the highest Beneish M-Score of China Oriented International Holdings was -0.30. The lowest was -2.99. And the median was -2.27.

China Oriented International Holdings Beneish M-Score Historical Data

* Premium members only.

The historical data trend for China Oriented International Holdings'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 Oriented International Holdings Beneish M-Score Chart

China Oriented International Holdings 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 0.00 -2.99 0.00 0.00 0.00

China Oriented International Holdings Semi-Annual Data
Dec16 Dec17 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 0.00 0.00 0.00 0.00 0.00

HKSE:01871 vs EDU, TAL, LAUR: Beneish M-Score Comparison

For the Education & Training Services subindustry, China Oriented International Holdings'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 Oriented International Holdings Beneish M-Score vs Education Industry

For the Education industry and Consumer Defensive sector, China Oriented International Holdings's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where China Oriented International Holdings's Beneish M-Score falls into.


HKSE:01871
50GF Score
China Oriented International Holdings Ltd HKSE:01871
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Oriented International Holdings 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 Oriented International Holdings 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 * +0.528 * +0.404 * +0.892 * +0.115 *
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * +4.679 * -0.327 *
=

* 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$0.90 Mil.
Revenue was HK$36.28 Mil.
Gross Profit was HK$5.78 Mil.
Total Current Assets was HK$132.22 Mil.
Total Assets was HK$277.56 Mil.
Property, Plant and Equipment(Net PPE) was HK$145.34 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$19.26 Mil.
Selling, General, & Admin. Expense(SGA) was HK$16.38 Mil.
Total Current Liabilities was HK$68.47 Mil.
Long-Term Debt & Capital Lease Obligation was HK$13.48 Mil.
Net Income was HK$-11.19 Mil.
Gross Profit was HK$0.00 Mil.
Cash Flow from Operations was HK$5.25 Mil.
 Total Receivables was HK$0.29 Mil.
Revenue was HK$34.48 Mil.
Gross Profit was HK$4.20 Mil.
Total Current Assets was HK$130.83 Mil.
Total Assets was HK$284.35 Mil.
Property, Plant and Equipment(Net PPE) was HK$153.52 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$15.30 Mil.
Selling, General, & Admin. Expense(SGA) was HK$16.60 Mil.
Total Current Liabilities was HK$80.29 Mil.
Long-Term Debt & Capital Lease Obligation was HK$1.92 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)
=(0.9 / 36.277) / (0.286 / 34.483)
=0.024809 / 0.008294
=

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)
=(4.196 / 34.483) / (5.784 / 36.277)
=0.121683 / 0.15944
=

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 - (132.218 + 145.341) / 277.559) / (1 - (130.834 + 153.515) / 284.349)
=0 / 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
=36.277 / 34.483
=

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))
=(15.301 / (15.301 + 153.515)) / (19.262 / (19.262 + 145.341))
=0.090637 / 0.117021
=

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)
=(16.384 / 36.277) / (16.602 / 34.483)
=0.451636 / 0.481455
=

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)
=((13.475 + 68.473) / 277.559) / ((1.92 + 80.292) / 284.349)
=0.295245 / 0.289124
=

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
=(-11.185 - 0 - 5.247) / 277.559
=-0.059202

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.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 0.00 mean?
China Oriented International Holdings (HKSE:01871) has a Beneish M-Score of 0.00 as of Aug. 13, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on China Oriented International Holdings and its competitors. According to the industry distribution chart, China Oriented International Holdings ranks #999999 out of 240 companies in the Education industry.
Is China Oriented International Holdings' Beneish M-Score too high?
China Oriented International Holdings' current Beneish M-Score is 0.00. Based on the distribution chart, China Oriented International Holdings ranks #999999 out of 240 companies in the Education industry, which is in the bottom quartile relative to peers. Overall, China Oriented International Holdings has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Oriented International Holdings' Beneish M-Score compare to EDU and TAL?
According to the Education industry distribution chart, China Oriented International Holdings ranks #999999 out of 240 companies for Beneish M-Score. This places China Oriented International Holdings 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 an Education company?
A good Beneish M-Score depends on the Education 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 Oriented International Holdings and its competitors. China Oriented International Holdings's current Beneish M-Score is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Oriented International Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Oriented International Holdings (HKSE:01871) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.18, compared to a current price of HK$0.31 — trading 69.4% above its estimated fair value. The current Beneish M-Score is 0.00. China Oriented International Holdings' overall GF Score™ is 50/100 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 China Oriented International Holdings (HKSE:01871), the current Beneish M-Score is 0.00 as of Aug. 13, 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 Oriented International Holdings (HKSE:01871) Overvalued in 2026?

Based on GuruFocus' analysis, China Oriented International Holdings stock appears to be overvalued. The current stock price of HK$0.31 is trading 69.4% above its estimated GF Value™ of HK$0.18. GuruFocus considers China Oriented International Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01871:

  • Beneish M-Score: 0.00
  • GF Value™: HK$0.18 vs. price of HK$0.31 (69.4% above fair value)
  • GF Score™: 50/100 with 4 warning signs

No single metric tells the full story. See the HKSE:01871 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Oriented International Holdings Business Description

Address Baililiu Village, Zhutang Township, Suiping Count, Henan Province, Zhumadian, CHN
China Oriented International Holdings Ltd is engaged in providing driving training services. It has two driving schools, namely, Shun Da School and Tong Tai School. Shun Da School offers driving training services for preparation for Driving Tests of small manual cars and Tong Tai School is a qualified level I driving school offering driving training services for preparation for driving tests of both Large Vehicles and Small Vehicles. The Company's operation is regarded as one reportable and operating segment which is provision of driving training services. All of the group's revenue is derived from the PRC.
50GF Score

Get the complete analysis for HKSE:01871

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

HK$0.31
Price
HK$0.18
GF Value