Fengyinhe Holdings (HKSE:08030) Beneish M-Score: 0.00 (As of Jul. 14, 2026)

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Fengyinhe Holdings Ltd HKSE:08030

53 GF Score

Price HK$1.43

GF Value HK$0.12

Valuation Significantly Overvalued

1 Warning Sign

View Full Analysis

What is Fengyinhe Holdings Beneish M-Score?

Fengyinhe Holdings HKSE:08030 53 Beneish M-Score is 0.00 as of Jul. 14, 2026. GuruFocus rates HKSE:08030 with a GF Score™ of 53/100 and a GF Value™ of HK$0.12 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 953 Asset Management companies, Fengyinhe Holdings ranks worse than 104931.69% 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 Fengyinhe Holdings's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Fengyinhe Holdings was 4.53. The lowest was -18.38. And the median was -2.88.

Fengyinhe Holdings Beneish M-Score Related Terms

Fengyinhe Holdings Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Fengyinhe 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.

Fengyinhe Holdings Beneish M-Score Chart

Fengyinhe Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Beneish M-Score

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-18.38

4.53

-0.25

0.00

Fengyinhe Holdings 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															-0.25	0.00	0.00	0.00	0.00

HKSE:08030 vs BLK, BX, KKR: Beneish M-Score Comparison

For the Asset Management subindustry, Fengyinhe 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.

Fengyinhe Holdings Beneish M-Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Fengyinhe Holdings's Beneish M-Score distribution charts can be found below:

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

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53GF Score

Fengyinhe Holdings Ltd HKSE:08030

Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Fengyinhe 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 Fengyinhe Holdings for today is based on a combination of the following eight different indices:

-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 *

This Year (Dec25) TTM:

Last Year (Dec24) TTM:

Total Receivables was HK$130.3 Mil.
Revenue was HK$125.6 Mil.
Gross Profit was HK$96.4 Mil.
Total Current Assets was HK$323.1 Mil.
Total Assets was HK$377.0 Mil.
Property, Plant and Equipment(Net PPE) was HK$22.8 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$1.0 Mil.
Selling, General, & Admin. Expense(SGA) was HK$28.7 Mil.
Total Current Liabilities was HK$90.5 Mil.
Long-Term Debt & Capital Lease Obligation was HK$20.0 Mil.
Net Income was HK$52.5 Mil.
Gross Profit was HK$0.0 Mil.
Cash Flow from Operations was HK$139.7 Mil.

Total Receivables was HK$176.0 Mil.
Revenue was HK$140.1 Mil.
Gross Profit was HK$104.8 Mil.
Total Current Assets was HK$236.8 Mil.
Total Assets was HK$236.8 Mil.
Property, Plant and Equipment(Net PPE) was HK$0.0 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$1.3 Mil.
Selling, General, & Admin. Expense(SGA) was HK$31.3 Mil.
Total Current Liabilities was HK$52.8 Mil.
Long-Term Debt & Capital Lease Obligation was HK$0.0 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)
	=	(130.337 / 125.553)	/	(176.029 / 140.127)
	=	1.038103	/	1.25621
	=

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)
	=	(104.755 / 140.127)	/	(96.391 / 125.553)
	=	0.747572	/	0.767732
	=

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 - (323.08 + 22.802) / 376.978)	/	(1 - (236.833 + 0.005) / 236.838)
	=	0.082488	/	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
	=	125.553	/	140.127
	=

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))
	=	(1.263 / (1.263 + 0.005))	/	(0.964 / (0.964 + 22.802))
	=	0.996057	/	0.040562
	=

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)
	=	(28.728 / 125.553)	/	(31.287 / 140.127)
	=	0.228812	/	0.223276
	=

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)
	=	((19.962 + 90.518) / 376.978)	/	((0 + 52.771) / 236.838)
	=	0.293067	/	0.222815
	=

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
	=	(52.478 - 0	-	139.734)	/	376.978
	=	-0.231462

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?

Fengyinhe Holdings (HKSE:08030) has a Beneish M-Score of 0.00 as of Jul. 14, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Fengyinhe Holdings and its competitors. According to the industry distribution chart, Fengyinhe Holdings ranks #999999 out of 953 companies in the Asset Management industry.

Is Fengyinhe Holdings' Beneish M-Score too high?

Fengyinhe Holdings' current Beneish M-Score is 0.00. Based on the distribution chart, Fengyinhe Holdings ranks #999999 out of 953 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Fengyinhe Holdings has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Fengyinhe Holdings' Beneish M-Score compare to BLK and BX?

According to the Asset Management industry distribution chart, Fengyinhe Holdings ranks #999999 out of 953 companies for Beneish M-Score. This places Fengyinhe 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 Asset Management company?

A good Beneish M-Score depends on the Asset Management 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 Fengyinhe Holdings and its competitors. Fengyinhe 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 Fengyinhe Holdings stock overvalued right now?

Based on GuruFocus' analysis, Fengyinhe Holdings (HKSE:08030) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.12, compared to a current price of HK$1.43 — trading 1091.7% above its estimated fair value. The current Beneish M-Score is 0.00. Fengyinhe Holdings' overall GF Score™ is 53/100 with 1 warning sign 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 Fengyinhe Holdings (HKSE:08030), the current Beneish M-Score is 0.00 as of Jul. 14, 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 Fengyinhe Holdings (HKSE:08030) Overvalued in 2026?

Based on GuruFocus' analysis, Fengyinhe Holdings stock appears to be overvalued. The current stock price of HK$1.43 is trading 1091.7% above its estimated GF Value™ of HK$0.12. GuruFocus considers Fengyinhe Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:08030:

Beneish M-Score: 0.00
GF Value™: HK$0.12 vs. price of HK$1.43 (1091.7% above fair value)
GF Score™: 53/100 with 1 warning sign

No single metric tells the full story. See the HKSE:08030 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fengyinhe Holdings Business Description

Industry Financial Services Asset Management

Comparable Companies HKSE:00080 HKSE:00721 HKSE:01226 HKSE:00993 HKSE:00339 HKSE:00129 HKSE:1062 HKSE:01835 HKSE:00905 HKSE:00214 BLK BX OSTO:INVE A TSX:BN KKR TSX:BAM APO STT AMP LSE:III

Address No. 4060 Qiaoxiang Road, Shahe Street, Room 902, Block A, Gaofa Community, Xiangnian Plaza, Nanshan District, Shenzhen, CHN

Website https://www.fengyinhe.com

Fengyinhe Holdings Ltd is an investment holding company. The company's operating segments include the Operation of a financial services platform, and the Provision of entrusted loans, pawn loans, other loan services, and financial consultation services. It generates maximum revenue from the Operation of the financial services platform segment. Geographically, the company's business has spread over Hong Kong and China. The majority of the company's revenue is generated from China.

53GF Score

Get the complete analysis for HKSE:08030

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

HK$1.43

Price

HK$0.12

GF Value

View HKSE:08030 Analysis

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