Langu Co (HKSE:08072) Beneish M-Score: -2.75 (As of Jul. 12, 2026)

What is Langu Co Beneish M-Score?

Langu Co HKSE:08072 44 Beneish M-Score is -2.75 as of Jul. 12, 2026. GuruFocus rates HKSE:08072 with a GF Score™ of 44/100 and a GF Value™ of HK$0.11 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 704 Capital Markets companies, Langu Co ranks better than 76.99% 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 -2.75 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

HKSE:08072' s Beneish M-Score Range Over the Past 10 Years
Min: -3.19 Med: -2.08 Max: 0.6
Current: -2.75

During the past 13 years, the highest Beneish M-Score of Langu Co was 0.60. The lowest was -3.19. And the median was -2.08.

Langu Co Beneish M-Score Related Terms

Langu Co Beneish M-Score Historical Data

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The historical data trend for Langu 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.

Langu Co Beneish M-Score Chart

Langu Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Beneish M-Score

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-1.93

-2.07

-3.19

-2.75

0.00

Langu Co Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
Beneish M-Score	Get a 7-Day Free Trial															-3.19	0.00	-2.75	0.00	0.00

HKSE:08072 vs MS, GS, SCHW: Beneish M-Score Comparison

For the Capital Markets subindustry, Langu 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.

Langu Co Beneish M-Score vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Langu Co's Beneish M-Score distribution charts can be found below:

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

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44GF Score

Langu Co Ltd HKSE:08072

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

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Langu 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 Langu Co 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 * 1.2044

0.528 * 1.6866

0.404 * 0.2877

0.892 * 0.8004

0.115 * 0.7986

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 1

4.679 * -0.060825

0.327 * 1.149

-2.75

This Year (Mar25) TTM:

Last Year (Mar24) TTM:

Total Receivables was HK$332.22 Mil.
Revenue was HK$41.97 Mil.
Gross Profit was HK$10.75 Mil.
Total Current Assets was HK$482.32 Mil.
Total Assets was HK$493.27 Mil.
Property, Plant and Equipment(Net PPE) was HK$3.20 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$2.89 Mil.
Selling, General, & Admin. Expense(SGA) was HK$11.76 Mil.
Total Current Liabilities was HK$199.08 Mil.
Long-Term Debt & Capital Lease Obligation was HK$0.27 Mil.
Net Income was HK$-34.59 Mil.
Gross Profit was HK$0.00 Mil.
Cash Flow from Operations was HK$-4.59 Mil.

Total Receivables was HK$344.60 Mil.
Revenue was HK$52.44 Mil.
Gross Profit was HK$22.66 Mil.
Total Current Assets was HK$436.87 Mil.
Total Assets was HK$468.47 Mil.
Property, Plant and Equipment(Net PPE) was HK$6.02 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$3.67 Mil.
Selling, General, & Admin. Expense(SGA) was HK$0.00 Mil.
Total Current Liabilities was HK$161.74 Mil.
Long-Term Debt & Capital Lease Obligation was HK$3.04 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)
	=	(332.222 / 41.972)	/	(344.6 / 52.436)
	=	7.915325	/	6.571821
	=	1.2044

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)
	=	(22.658 / 52.436)	/	(10.753 / 41.972)
	=	0.432108	/	0.256195
	=	1.6866

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 - (482.316 + 3.204) / 493.27)	/	(1 - (436.865 + 6.024) / 468.468)
	=	0.015711	/	0.054601
	=	0.2877

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
	=	41.972	/	52.436
	=	0.8004

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))
	=	(3.669 / (3.669 + 6.024))	/	(2.887 / (2.887 + 3.204))
	=	0.378521	/	0.473978
	=	0.7986

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)
	=	(11.757 / 41.972)	/	(0 / 52.436)
	=	0.280115	/	0
	=	1

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)
	=	((0.271 + 199.075) / 493.27)	/	((3.036 + 161.741) / 468.468)
	=	0.404132	/	0.351736
	=	1.149

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
	=	(-34.589 - 0	-	-4.586)	/	493.27
	=	-0.060825

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.

Langu Co has a M-score of -2.75 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 -2.75 mean?

Langu Co (HKSE:08072) has a Beneish M-Score of -2.75 as of Jul. 12, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Langu Co and its competitors. According to the industry distribution chart, Langu Co ranks #162 out of 704 companies in the Capital Markets industry, placing it in the top 23%.

Is Langu Co's Beneish M-Score too high?

Langu Co's current Beneish M-Score is -2.75. Based on the distribution chart, Langu Co ranks #162 out of 704 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Langu Co has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Langu Co's Beneish M-Score compare to MS and GS?

According to the Capital Markets industry distribution chart, Langu Co ranks #162 out of 704 companies for Beneish M-Score. This places Langu Co in the top 23% of its industry — outperforming the majority of peers. 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 Capital Markets company?

A good Beneish M-Score depends on the Capital Markets 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 Langu Co and its competitors. Langu Co's current Beneish M-Score is -2.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Langu Co stock overvalued right now?

Based on GuruFocus' analysis, Langu Co (HKSE:08072) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.11, compared to a current price of HK$0.34 — trading 209.1% above its estimated fair value. The current Beneish M-Score is -2.75. Langu Co's overall GF Score™ is 44/100 with 5 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 Langu Co (HKSE:08072), the current Beneish M-Score is -2.75 as of Jul. 12, 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 Langu Co (HKSE:08072) Overvalued in 2026?

Based on GuruFocus' analysis, Langu Co stock appears to be overvalued. The current stock price of HK$0.34 is trading 209.1% above its estimated GF Value™ of HK$0.11. GuruFocus considers Langu Co to be Significantly Overvalued.

Key valuation signals for HKSE:08072:

Beneish M-Score: -2.75
GF Value™: HK$0.11 vs. price of HK$0.34 (209.1% above fair value)
GF Score™: 44/100 with 5 warning signs

No single metric tells the full story. See the HKSE:08072 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Langu Co Business Description

Industry Financial Services Capital Markets

Comparable Companies HKSE:01225 HKSE:00372 HKSE:08210 HKSE:08333 HKSE:08226 HKSE:08340 HKSE:00428 HKSE:08193 HKSE:00619 HKSE:00821 MS GS SCHW HOOD ASX:MQG SHSE:600030 BSP:BPAC3 SZSE:300059 SHSE:601211 IBKR

Address 39 Gloucester Road, Room 1101-4, 11th Floor, Harcourt House, Wanchai, Hong Kong, HKG

Website https://www.romagroup.com

Langu Co Ltd, formerly known as Roma (meta) Group Ltd, is principally engaged in the provision of valuation and advisory services, financing services and securities broking, placing and underwriting, and investment advisory and asset management services. The services of the company include natural resources valuation and technical advisory services, specialized valuation and consultancy services, such as business and intangible assets valuation, and financial instruments valuation. Its business segments are Valuation and advisory services, Financing services, Securities broking, placing and underwriting investment advisory and asset management, and other segments. It operates in Hong Kong and derives the majority of its revenue from the Valuation and advisory services segment.

44GF Score

Get the complete analysis for HKSE:08072

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

HK$0.34

Price

HK$0.11

GF Value

View HKSE:08072 Analysis

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