Wuhan Dazhong Dental Medical Co (HKSE:02651) Beneish M-Score: -2.70 (As of Aug. 31, 2026)

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HKSE:02651 Wuhan Dazhong Dental Medical Co Ltd HKSE:02651
22 GF Score
Price HK$25.40
! 4 Warning Signs
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What is Wuhan Dazhong Dental Medical Co Beneish M-Score?

Wuhan Dazhong Dental Medical Co HKSE:02651 -6.82% 22 Beneish M-Score is -2.70 as of Aug. 31, 2026. GuruFocus rates HKSE:02651 with a GF Score™ of 22/100. The stock has 4 warning signs investors should review. Among 629 Healthcare Providers & Services companies, Wuhan Dazhong Dental Medical Co ranks better than 58.51% 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 -2.7 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Wuhan Dazhong Dental Medical Co's Beneish M-Score or its related term are showing as below:

HKSE:02651' s Beneish M-Score Range Over the Past 10 Years
Min: -3.22   Med: -2.96   Max: -2.7
Current: -2.7

During the past 4 years, the highest Beneish M-Score of Wuhan Dazhong Dental Medical Co was -2.70. The lowest was -3.22. And the median was -2.96.

Wuhan Dazhong Dental Medical Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Wuhan Dazhong Dental Medical 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.

Wuhan Dazhong Dental Medical Co Beneish M-Score Chart

Wuhan Dazhong Dental Medical Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Beneish M-Score
0.00 0.00 -3.22 -2.70

Wuhan Dazhong Dental Medical Co Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Beneish M-Score Get a 7-Day Free Trial 0.00 0.00 -3.22 0.00 -2.70

HKSE:02651 vs HCA, THC, EHC: Beneish M-Score Comparison

For the Medical Care Facilities subindustry, Wuhan Dazhong Dental Medical 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.

Wuhan Dazhong Dental Medical Co Beneish M-Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Wuhan Dazhong Dental Medical Co's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Wuhan Dazhong Dental Medical Co's Beneish M-Score falls into.


HKSE:02651
22GF Score
Wuhan Dazhong Dental Medical Co Ltd HKSE:02651
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Wuhan Dazhong Dental Medical 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 Wuhan Dazhong Dental Medical 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 * 1.4499+0.528 * 0.9927+0.404 * 0.7183+0.892 * 0.9444+0.115 * 0.8691
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.1452+4.679 * -0.127818-0.327 * 0.4678
=-2.70

* 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$12.2 Mil.
Revenue was HK$410.5 Mil.
Gross Profit was HK$154.7 Mil.
Total Current Assets was HK$336.8 Mil.
Total Assets was HK$568.9 Mil.
Property, Plant and Equipment(Net PPE) was HK$155.6 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$57.2 Mil.
Selling, General, & Admin. Expense(SGA) was HK$44.5 Mil.
Total Current Liabilities was HK$100.5 Mil.
Long-Term Debt & Capital Lease Obligation was HK$52.3 Mil.
Net Income was HK$31.1 Mil.
Gross Profit was HK$0.0 Mil.
Cash Flow from Operations was HK$103.8 Mil.
 Total Receivables was HK$8.9 Mil.
Revenue was HK$434.6 Mil.
Gross Profit was HK$162.6 Mil.
Total Current Assets was HK$129.9 Mil.
Total Assets was HK$403.6 Mil.
Property, Plant and Equipment(Net PPE) was HK$198.2 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$60.5 Mil.
Selling, General, & Admin. Expense(SGA) was HK$41.2 Mil.
Total Current Liabilities was HK$144.2 Mil.
Long-Term Debt & Capital Lease Obligation was HK$87.4 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)
=(12.224 / 410.484) / (8.927 / 434.631)
=0.029779 / 0.020539
=1.4499

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)
=(162.649 / 434.631) / (154.743 / 410.484)
=0.374223 / 0.376977
=0.9927

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 - (336.828 + 155.633) / 568.911) / (1 - (129.876 + 198.191) / 403.571)
=0.13438 / 0.18709
=0.7183

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
=410.484 / 434.631
=0.9444

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))
=(60.451 / (60.451 + 198.191)) / (57.248 / (57.248 + 155.633))
=0.233725 / 0.26892
=0.8691

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)
=(44.51 / 410.484) / (41.152 / 434.631)
=0.108433 / 0.094683
=1.1452

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)
=((52.288 + 100.509) / 568.911) / ((87.444 + 144.238) / 403.571)
=0.268578 / 0.57408
=0.4678

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
=(31.126 - 0 - 103.843) / 568.911
=-0.127818

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.

Wuhan Dazhong Dental Medical Co has a M-score of -2.70 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 -2.70 mean?
Wuhan Dazhong Dental Medical Co (HKSE:02651) has a Beneish M-Score of -2.70 as of Aug. 31, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Wuhan Dazhong Dental Medical Co and its competitors. According to the industry distribution chart, Wuhan Dazhong Dental Medical Co ranks #261 out of 629 companies in the Healthcare Providers & Services industry, placing it in the top 41.5%.
Is Wuhan Dazhong Dental Medical Co's Beneish M-Score too high?
Wuhan Dazhong Dental Medical Co's current Beneish M-Score is -2.70. Based on the distribution chart, Wuhan Dazhong Dental Medical Co ranks #261 out of 629 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Wuhan Dazhong Dental Medical Co has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Wuhan Dazhong Dental Medical Co's Beneish M-Score compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Wuhan Dazhong Dental Medical Co ranks #261 out of 629 companies for Beneish M-Score. This puts Wuhan Dazhong Dental Medical Co 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 Healthcare Providers & Services company?
A good Beneish M-Score depends on the Healthcare Providers & Services 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 Wuhan Dazhong Dental Medical Co and its competitors. Wuhan Dazhong Dental Medical Co's current Beneish M-Score is -2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wuhan Dazhong Dental Medical Co stock overvalued right now?
Wuhan Dazhong Dental Medical Co (HKSE:02651) has a current Beneish M-Score of -2.70. The current Beneish M-Score is -2.70. Wuhan Dazhong Dental Medical Co's overall GF Score™ is 22/100 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 Wuhan Dazhong Dental Medical Co (HKSE:02651), the current Beneish M-Score is -2.70 as of Aug. 31, 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.

Wuhan Dazhong Dental Medical Co Business Description

Address No. 786 Minzhu Road, Room 5, 11th Floor and Rooms 601, 608-612, 6th Floor Huayin Building, Zhongnan Road Sub-District, Wuchang District, Hubei Province, Wuhan, CHN
Wuhan Dazhong Dental Medical Co Ltd is a dental services provider in Central China with a focus on Hubei and Hunan provinces, operating an expanding dental service network. The company operates a Partnership Program targeting seasoned medical professionals, to underpin the expansion of its dental service network, maintain the cohesion and stability of its core talent team and facilitate its talent team development, all of which constitute its competitive advantages and make its dental service network an ideal entrepreneurial platform for dentists.
22GF Score

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

HK$25.40
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