Strawbear Entertainment Group (HKSE:02125) Beneish M-Score: -2.30 (As of Aug. 23, 2026)

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HKSE:02125 Strawbear Entertainment Group HKSE:02125
49 GF Score
Price HK$0.30
GF Value HK$0.56
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Strawbear Entertainment Group Beneish M-Score?

Strawbear Entertainment Group HKSE:02125 +1.72% 49 Beneish M-Score is -2.30 as of Aug. 23, 2026. GuruFocus rates HKSE:02125 with a GF Score™ of 49/100 and a GF Value™ of HK$0.56 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 972 Media - Diversified companies, Strawbear Entertainment Group ranks worse than 70.06% 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 -2.3 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Strawbear Entertainment Group's Beneish M-Score or its related term are showing as below:

HKSE:02125' s Beneish M-Score Range Over the Past 10 Years
Min: -3.03   Med: -2.3   Max: 1.34
Current: -2.3

During the past 9 years, the highest Beneish M-Score of Strawbear Entertainment Group was 1.34. The lowest was -3.03. And the median was -2.30.

Strawbear Entertainment Group Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Strawbear Entertainment 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.

Strawbear Entertainment Group Beneish M-Score Chart

Strawbear Entertainment Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only -0.14 -2.34 -1.56 -2.51 -2.30

Strawbear Entertainment Group Semi-Annual Data
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 -1.56 0.00 -2.51 0.00 -2.30

HKSE:02125 vs NFLX, DIS, WBD: Beneish M-Score Comparison

For the Entertainment subindustry, Strawbear Entertainment 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.

Strawbear Entertainment Group Beneish M-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Strawbear Entertainment Group's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Strawbear Entertainment Group's Beneish M-Score falls into.


HKSE:02125
49GF Score
Strawbear Entertainment Group HKSE:02125
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Strawbear Entertainment 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 Strawbear Entertainment 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 * 1.2338+0.528 * 1.188+0.404 * 1.3044+0.892 * 0.947+0.115 * 1.0057
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.1995+4.679 * -0.031735-0.327 * 1.0857
=-2.30

* 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$1,352 Mil.
Revenue was HK$1,137 Mil.
Gross Profit was HK$129 Mil.
Total Current Assets was HK$2,833 Mil.
Total Assets was HK$3,088 Mil.
Property, Plant and Equipment(Net PPE) was HK$16 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$9 Mil.
Selling, General, & Admin. Expense(SGA) was HK$143 Mil.
Total Current Liabilities was HK$1,100 Mil.
Long-Term Debt & Capital Lease Obligation was HK$37 Mil.
Net Income was HK$-2 Mil.
Gross Profit was HK$0 Mil.
Cash Flow from Operations was HK$96 Mil.
 Total Receivables was HK$1,157 Mil.
Revenue was HK$1,201 Mil.
Gross Profit was HK$162 Mil.
Total Current Assets was HK$2,662 Mil.
Total Assets was HK$2,844 Mil.
Property, Plant and Equipment(Net PPE) was HK$13 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$7 Mil.
Selling, General, & Admin. Expense(SGA) was HK$126 Mil.
Total Current Liabilities was HK$963 Mil.
Long-Term Debt & Capital Lease Obligation was HK$2 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)
=(1352.043 / 1137.059) / (1157.108 / 1200.637)
=1.18907 / 0.963745
=1.2338

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)
=(161.72 / 1200.637) / (128.921 / 1137.059)
=0.134695 / 0.113381
=1.188

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 - (2832.864 + 15.556) / 3088.099) / (1 - (2662.151 + 13.055) / 2844.453)
=0.077614 / 0.059501
=1.3044

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
=1137.059 / 1200.637
=0.947

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))
=(7.461 / (7.461 + 13.055)) / (8.812 / (8.812 + 15.556))
=0.363667 / 0.361622
=1.0057

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)
=(143.433 / 1137.059) / (126.269 / 1200.637)
=0.126144 / 0.105168
=1.1995

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)
=((37.421 + 1099.54) / 3088.099) / ((2.045 + 962.532) / 2844.453)
=0.368175 / 0.339108
=1.0857

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
=(-2.197 - 0 - 95.803) / 3088.099
=-0.031735

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.

Strawbear Entertainment Group has a M-score of -2.30 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 -2.30 mean?
Strawbear Entertainment Group (HKSE:02125) has a Beneish M-Score of -2.30 as of Aug. 23, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Strawbear Entertainment Group and its competitors. According to the industry distribution chart, Strawbear Entertainment Group ranks #681 out of 972 companies in the Media - Diversified industry, placing it in the top 70.1%.
Is Strawbear Entertainment Group's Beneish M-Score too high?
Strawbear Entertainment Group's current Beneish M-Score is -2.30. Based on the distribution chart, Strawbear Entertainment Group ranks #681 out of 972 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Strawbear Entertainment Group has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Strawbear Entertainment Group's Beneish M-Score compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Strawbear Entertainment Group ranks #681 out of 972 companies for Beneish M-Score. This places Strawbear Entertainment Group 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 Strawbear Entertainment Group and its competitors. Strawbear Entertainment Group's current Beneish M-Score is -2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Strawbear Entertainment Group stock overvalued right now?
Based on GuruFocus' analysis, Strawbear Entertainment Group (HKSE:02125) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.56, compared to a current price of HK$0.30 — trading 47.3% below its estimated fair value. The current Beneish M-Score is -2.30. Strawbear Entertainment Group's overall GF Score™ is 49/100 with 7 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 Strawbear Entertainment Group (HKSE:02125), the current Beneish M-Score is -2.30 as of Aug. 23, 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 Strawbear Entertainment Group (HKSE:02125) Overvalued in 2026?

Based on GuruFocus' analysis, Strawbear Entertainment Group stock appears to be undervalued. The current stock price of HK$0.30 is trading 47.3% below its estimated GF Value™ of HK$0.56. GuruFocus considers Strawbear Entertainment Group to be Possible Value Trap.

Key valuation signals for HKSE:02125:

  • Beneish M-Score: -2.30
  • GF Value™: HK$0.56 vs. price of HK$0.30 (47.3% below fair value)
  • GF Score™: 49/100 with 7 warning signs

No single metric tells the full story. See the HKSE:02125 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Strawbear Entertainment Group Business Description

Address No. 98, Jiangdong Zhong Road, Room 2508, Building A, Wanda Plaza, Jianye District, Jiangsu, Nanjing, CHN
Strawbear Entertainment Group is principally engaged in the investment, development, production, and distribution of film and episodic content, including drama series, micro-short series, and other episodic formats. The Group operates in the PRC, focusing on the licensing of broadcasting rights of episodic content to TV channels, online video platforms, and third-party distributors, as well as the production of made-to-order episodic content for online video platforms. It is a film and TV company engaged in the investment, production, and distribution of TV dramas, leveraging creative capabilities, an experienced production team, and cooperation with traditional media and new media platforms. The company earns the majority of its revenue from mainland China.
49GF Score

Get the complete analysis for HKSE:02125

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

HK$0.30
Price
HK$0.56
GF Value