Kingwisoft Technology Group Co (HKSE:08295) Beneish M-Score: -4.03 (As of Aug. 20, 2026)

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What is Kingwisoft Technology Group Co Beneish M-Score?

Kingwisoft Technology Group Co HKSE:08295 Beneish M-Score is -4.03 as of Aug. 20, 2026. The stock has 3 warning signs investors should review. Among 705 Capital Markets companies, Kingwisoft Technology Group Co ranks better than 93.19% 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 -4.03 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

HKSE:08295' s Beneish M-Score Range Over the Past 10 Years
Min: -4.03   Med: -2.79   Max: 25.89
Current: -4.03

During the past 13 years, the highest Beneish M-Score of Kingwisoft Technology Group Co was 25.89. The lowest was -4.03. And the median was -2.79.

Kingwisoft Technology Group Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Kingwisoft Technology Group 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.

Kingwisoft Technology Group Co Beneish M-Score Chart

Kingwisoft Technology Group Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.87 -2.79 -3.25 -2.99 -4.03

Kingwisoft Technology Group 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 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 Premium Member Only Premium Member Only Premium Member Only -3.25 0.00 -2.99 0.00 -4.03

HKSE:08295 vs MS, GS, SCHW: Beneish M-Score Comparison

For the Capital Markets subindustry, Kingwisoft Technology Group 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.

Kingwisoft Technology Group Co Beneish M-Score vs Capital Markets Industry

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

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


Kingwisoft Technology Group 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 Kingwisoft Technology Group 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 * 0.8246+0.528 * 0.4081+0.404 * 0.922+0.892 * 1.1178+0.115 * 0.9406
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.3574+4.679 * -0.214722-0.327 * 1.2421
=-4.03

* 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 (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was HK$569 Mil.
Revenue was HK$1,487 Mil.
Gross Profit was HK$120 Mil.
Total Current Assets was HK$760 Mil.
Total Assets was HK$1,051 Mil.
Property, Plant and Equipment(Net PPE) was HK$108 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$99 Mil.
Selling, General, & Admin. Expense(SGA) was HK$140 Mil.
Total Current Liabilities was HK$201 Mil.
Long-Term Debt & Capital Lease Obligation was HK$302 Mil.
Net Income was HK$-168 Mil.
Gross Profit was HK$0 Mil.
Cash Flow from Operations was HK$57 Mil.
 Total Receivables was HK$617 Mil.
Revenue was HK$1,330 Mil.
Gross Profit was HK$44 Mil.
Total Current Assets was HK$757 Mil.
Total Assets was HK$1,103 Mil.
Property, Plant and Equipment(Net PPE) was HK$139 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$114 Mil.
Selling, General, & Admin. Expense(SGA) was HK$92 Mil.
Total Current Liabilities was HK$159 Mil.
Long-Term Debt & Capital Lease Obligation was HK$267 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)
=(569.138 / 1486.959) / (617.431 / 1330.246)
=0.382753 / 0.464148
=0.8246

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)
=(43.709 / 1330.246) / (119.714 / 1486.959)
=0.032858 / 0.080509
=0.4081

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 - (760.097 + 107.87) / 1050.596) / (1 - (756.579 + 138.776) / 1103.395)
=0.173834 / 0.188545
=0.922

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
=1486.959 / 1330.246
=1.1178

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))
=(114.05 / (114.05 + 138.776)) / (99.417 / (99.417 + 107.87))
=0.451101 / 0.47961
=0.9406

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)
=(139.803 / 1486.959) / (92.137 / 1330.246)
=0.094019 / 0.069263
=1.3574

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)
=((301.771 + 201.477) / 1050.596) / ((267.004 + 158.519) / 1103.395)
=0.479012 / 0.385649
=1.2421

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
=(-168.477 - 0 - 57.109) / 1050.596
=-0.214722

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.

Kingwisoft Technology Group Co has a M-score of -4.03 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 -4.03 mean?
Kingwisoft Technology Group Co (HKSE:08295) has a Beneish M-Score of -4.03 as of Aug. 20, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Kingwisoft Technology Group Co and its competitors. According to the industry distribution chart, Kingwisoft Technology Group Co ranks #48 out of 705 companies in the Capital Markets industry, placing it in the top 6.8%.
Is Kingwisoft Technology Group Co's Beneish M-Score too high?
Kingwisoft Technology Group Co's current Beneish M-Score is -4.03. Based on the distribution chart, Kingwisoft Technology Group Co ranks #48 out of 705 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers.
How does Kingwisoft Technology Group Co's Beneish M-Score compare to MS and GS?
According to the Capital Markets industry distribution chart, Kingwisoft Technology Group Co ranks #48 out of 705 companies for Beneish M-Score. This places Kingwisoft Technology Group Co in the top 7% 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 Kingwisoft Technology Group Co and its competitors. Kingwisoft Technology Group Co's current Beneish M-Score is -4.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kingwisoft Technology Group Co stock overvalued right now?
Based on GuruFocus' analysis, Kingwisoft Technology Group Co (HKSE:08295) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.05, compared to a current price of HK$0.03 — trading 46% below its estimated fair value. The current Beneish M-Score is -4.03. 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 Kingwisoft Technology Group Co (HKSE:08295), the current Beneish M-Score is -4.03 as of Aug. 20, 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.

Kingwisoft Technology Group Co Business Description

Address 193 Prince Edward Road West, Unit 1608, Level 16, Tower 1, Grand Century Place, Kowloon, HKG
Kingwisoft Technology Group Co Ltd through its subsidiaries engages in the provision of value-added telecommunications and related services, including back-office services, comprehensive marketing services, and data center services. Geographically the company operates and generates it's key revenue from Mainland China.