Ubtech Robotics (HKSE:09880) Beneish M-Score: -1.90 (As of Jul. 09, 2026)


HKSE:09880 Ubtech Robotics Corp Ltd HKSE:09880
38 GF Score
Price HK$89.95
! 4 Warning Signs
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What is Ubtech Robotics Beneish M-Score?

Ubtech Robotics HKSE:09880 +2.57% 38 Beneish M-Score is -1.90 as of Jul. 09, 2026. GuruFocus rates HKSE:09880 with a GF Score™ of 38/100. The stock has 4 warning signs investors should review. Among 2,916 Industrial Products companies, Ubtech Robotics ranks worse than 81.17% 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 -1.9 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

HKSE:09880' s Beneish M-Score Range Over the Past 10 Years
Min: -3.23   Med: -2.4   Max: -1.49
Current: -1.9

During the past 6 years, the highest Beneish M-Score of Ubtech Robotics was -1.49. The lowest was -3.23. And the median was -2.40.

Ubtech Robotics Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Ubtech Robotics'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.

Ubtech Robotics Beneish M-Score Chart

Ubtech Robotics Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial 0.00 -3.23 -1.49 -2.90 -1.90

Ubtech Robotics Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.49 0.00 -2.90 0.00 -1.90

HKSE:09880 vs GEV, ETN, PH: Beneish M-Score Comparison

For the Specialty Industrial Machinery subindustry, Ubtech Robotics'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.

Ubtech Robotics Beneish M-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ubtech Robotics's Beneish M-Score distribution charts can be found below:

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


HKSE:09880
38GF Score
Ubtech Robotics Corp Ltd HKSE:09880
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Ubtech Robotics 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 Ubtech Robotics 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 * 0.982+0.528 * 0.7606+0.404 * 0.6587+0.892 * 1.5861+0.115 * 1.6104
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.6075+4.679 * 0.007902-0.327 * 0.5047
=-1.90

* 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$1,624 Mil.
Revenue was HK$2,211 Mil.
Gross Profit was HK$833 Mil.
Total Current Assets was HK$8,039 Mil.
Total Assets was HK$11,313 Mil.
Property, Plant and Equipment(Net PPE) was HK$2,279 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$50 Mil.
Selling, General, & Admin. Expense(SGA) was HK$338 Mil.
Total Current Liabilities was HK$2,643 Mil.
Long-Term Debt & Capital Lease Obligation was HK$514 Mil.
Net Income was HK$-777 Mil.
Gross Profit was HK$0 Mil.
Cash Flow from Operations was HK$-866 Mil.
 Total Receivables was HK$1,043 Mil.
Revenue was HK$1,394 Mil.
Gross Profit was HK$399 Mil.
Total Current Assets was HK$3,103 Mil.
Total Assets was HK$5,481 Mil.
Property, Plant and Equipment(Net PPE) was HK$1,646 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$59 Mil.
Selling, General, & Admin. Expense(SGA) was HK$351 Mil.
Total Current Liabilities was HK$2,234 Mil.
Long-Term Debt & Capital Lease Obligation was HK$796 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)
=(1624.315 / 2210.554) / (1042.851 / 1393.697)
=0.7348 / 0.748262
=0.982

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)
=(399.319 / 1393.697) / (832.756 / 2210.554)
=0.286518 / 0.376718
=0.7606

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 - (8039.038 + 2278.848) / 11313.278) / (1 - (3102.861 + 1645.975) / 5480.921)
=0.087984 / 0.13357
=0.6587

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
=2210.554 / 1393.697
=1.5861

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))
=(59.43 / (59.43 + 1645.975)) / (50.405 / (50.405 + 2278.848))
=0.034848 / 0.02164
=1.6104

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)
=(338.363 / 2210.554) / (351.136 / 1393.697)
=0.153067 / 0.251946
=0.6075

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)
=((513.612 + 2642.531) / 11313.278) / ((795.611 + 2234.154) / 5480.921)
=0.278977 / 0.552784
=0.5047

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
=(-776.833 - 0 - -866.227) / 11313.278
=0.007902

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.

Ubtech Robotics has a M-score of -1.90 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 -1.90 mean?
Ubtech Robotics (HKSE:09880) has a Beneish M-Score of -1.90 as of Jul. 09, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Ubtech Robotics and its competitors. According to the industry distribution chart, Ubtech Robotics ranks #2367 out of 2916 companies in the Industrial Products industry, placing it in the top 81.2%.
Is Ubtech Robotics' Beneish M-Score too high?
Ubtech Robotics' current Beneish M-Score is -1.90. Based on the distribution chart, Ubtech Robotics ranks #2367 out of 2916 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Ubtech Robotics has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Ubtech Robotics' Beneish M-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Ubtech Robotics ranks #2367 out of 2916 companies for Beneish M-Score. This places Ubtech Robotics 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 Industrial Products company?
A good Beneish M-Score depends on the Industrial Products 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 Ubtech Robotics and its competitors. Ubtech Robotics's current Beneish M-Score is -1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ubtech Robotics stock overvalued right now?
Ubtech Robotics (HKSE:09880) has a current Beneish M-Score of -1.90. The current Beneish M-Score is -1.90. Ubtech Robotics' overall GF Score™ is 38/100 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 Ubtech Robotics (HKSE:09880), the current Beneish M-Score is -1.90 as of Jul. 09, 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.

Ubtech Robotics Business Description

Other Exchanges 7US:Germany
Address Taoyuan Street, Room 2201, Building C1, Nanshan Smart Park, No. 1001 Xueyuan Avenue, Changyuan Community, Nanshan Distric, Shenzhen, CHN
Ubtech Robotics Corp Ltd is engaged in design, production, commercialization, sales and marketing and research and development (R&D) of smart service robotic products and services. It offers consumer-level robots and appliances, enterprise-level smart service robotic products and services tailored for education, logistics and other sectors, are equipped to different extent with smart features that sense, interact, analyze and process human instructions and external environment such as mapping, temperature measurement and facial recognition. Geographically, the company operates in Chinese Mainland and Hong Kong, of which it derives maximum revenue from Chinese Mainland.
38GF 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$89.95
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