JXG (JX Luxventure Group) Beneish M-Score: -3.25 (As of Jun. 26, 2026)

What is JX Luxventure Group Beneish M-Score?

JX Luxventure Group JXG 42 Beneish M-Score is -3.25 as of Jun. 26, 2026. GuruFocus rates JXG with a GF Score™ of 42/100 and a GF Value™ of $19.45 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,003 Manufacturing - Apparel & Accessories companies, JX Luxventure Group ranks better than 88.93% 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 -3.25 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

JXG' s Beneish M-Score Range Over the Past 10 Years
Min: -4717.5 Med: -1.97 Max: 31.74
Current: -3.25

During the past 13 years, the highest Beneish M-Score of JX Luxventure Group was 31.74. The lowest was -4717.50. And the median was -1.97.

JX Luxventure Group Beneish M-Score Related Terms

JX Luxventure Group Beneish M-Score Historical Data

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The historical data trend for JX Luxventure Group'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.

JX Luxventure Group Beneish M-Score Chart

JX Luxventure Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Beneish M-Score

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31.74

-23.00

2.25

-4,717.50

-3.25

JX Luxventure Group 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															2.25	0.00	-4,717.50	0.00	-3.25

JXG vs PLCE, LAKE, VNCE: Beneish M-Score Comparison

For the Apparel Manufacturing subindustry, JX Luxventure Group'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.

JX Luxventure Group Beneish M-Score vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, JX Luxventure Group's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where JX Luxventure Group's Beneish M-Score falls into.

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42GF Score

JX Luxventure Group Inc JXG

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

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JX Luxventure Group 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 JX Luxventure Group 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 * 0.9351

0.528 * 1.3319

0.404 * 0.7085

0.892 * 1.6641

0.115 * 0.8038

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 4.1602

4.679 * -0.136693

0.327 * 1.4575

-3.25

This Year (Dec25) TTM:

Last Year (Dec24) TTM:

Total Receivables was $0.17 Mil.
Revenue was $82.94 Mil.
Gross Profit was $10.44 Mil.
Total Current Assets was $24.72 Mil.
Total Assets was $42.97 Mil.
Property, Plant and Equipment(Net PPE) was $1.91 Mil.
Depreciation, Depletion and Amortization(DDA) was $5.11 Mil.
Selling, General, & Admin. Expense(SGA) was $16.61 Mil.
Total Current Liabilities was $18.53 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Net Income was $-11.00 Mil.
Gross Profit was $-1.04 Mil.
Cash Flow from Operations was $-4.09 Mil.

Total Receivables was $0.11 Mil.
Revenue was $49.84 Mil.
Gross Profit was $8.35 Mil.
Total Current Assets was $11.62 Mil.
Total Assets was $29.69 Mil.
Property, Plant and Equipment(Net PPE) was $2.14 Mil.
Depreciation, Depletion and Amortization(DDA) was $3.02 Mil.
Selling, General, & Admin. Expense(SGA) was $2.40 Mil.
Total Current Liabilities was $8.78 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 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)
	=	(0.165 / 82.937)	/	(0.106 / 49.84)
	=	0.001989	/	0.002127
	=	0.9351

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)
	=	(8.352 / 49.84)	/	(10.435 / 82.937)
	=	0.167576	/	0.125818
	=	1.3319

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 - (24.724 + 1.905) / 42.965)	/	(1 - (11.615 + 2.14) / 29.688)
	=	0.380216	/	0.536681
	=	0.7085

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
	=	82.937	/	49.84
	=	1.6641

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))
	=	(3.022 / (3.022 + 2.14))	/	(5.107 / (5.107 + 1.905))
	=	0.585432	/	0.728323
	=	0.8038

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)
	=	(16.608 / 82.937)	/	(2.399 / 49.84)
	=	0.200248	/	0.048134
	=	4.1602

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 + 18.531) / 42.965)	/	((0.004 + 8.781) / 29.688)
	=	0.431305	/	0.295911
	=	1.4575

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
	=	(-11.001 - -1.035	-	-4.093)	/	42.965
	=	-0.136693

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.

JX Luxventure Group has a M-score of -3.25 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 -3.25 mean?

JX Luxventure Group (JXG) has a Beneish M-Score of -3.25 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on JX Luxventure Group and its competitors. According to the industry distribution chart, JX Luxventure Group ranks #111 out of 1003 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 11.1%.

Is JX Luxventure Group's Beneish M-Score too high?

JX Luxventure Group's current Beneish M-Score is -3.25. Based on the distribution chart, JX Luxventure Group ranks #111 out of 1003 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, JX Luxventure Group has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does JX Luxventure Group's Beneish M-Score compare to PLCE and LAKE?

According to the Manufacturing - Apparel & Accessories industry distribution chart, JX Luxventure Group ranks #111 out of 1003 companies for Beneish M-Score. This places JX Luxventure Group in the top 11% 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 Manufacturing - Apparel & Accessories company?

A good Beneish M-Score depends on the Manufacturing - Apparel & Accessories 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 JX Luxventure Group and its competitors. JX Luxventure Group's current Beneish M-Score is -3.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is JX Luxventure Group stock overvalued right now?

Based on GuruFocus' analysis, JX Luxventure Group (JXG) is currently considered Possible Value Trap. The stock's GF Value™ is $19.45, compared to a current price of $10.00 — trading 48.6% below its estimated fair value. The current Beneish M-Score is -3.25. JX Luxventure Group's overall GF Score™ is 42/100 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 JX Luxventure Group (JXG), the current Beneish M-Score is -3.25 as of Jun. 26, 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 JX Luxventure Group (JXG) Overvalued in 2026?

Based on GuruFocus' analysis, JX Luxventure Group stock appears to be undervalued. The current stock price of $10.00 is trading 48.6% below its estimated GF Value™ of $19.45. GuruFocus considers JX Luxventure Group to be Possible Value Trap.

Key valuation signals for JXG:

Beneish M-Score: -3.25
GF Value™: $19.45 vs. price of $10.00 (48.6% below fair value)
GF Score™: 42/100 with 5 warning signs

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

JX Luxventure Group Business Description

Industry Consumer Cyclical Manufacturing - Apparel & Accessories

Comparable Companies PLCE LAKE VNCE JRSH JL NCI XELB PMNT AHRO SKFG OSTO:HM B RL MIL:MONC WAR:LPP TSX:GIL LEVI VFC HKSE:03998 SHSE:600177 BOM:532827

Other Exchanges KBP0:Germany

Address Bin Hai Da Dao No. 270, Lang Qin Wan Guo Ji Du Jia Cun Zong He Lou, Xiu Ying District, Hainan Province, Haikou, CHN, 570100

Website https://www.jxluxventure.com

JX Luxventure Group Inc is engaged in the tourism sector and supplying related products, including technology solutions, to business partners in China, both online and offline. The company operates in three segments Tourism products, Technology, and Cross board merchandise The majority of the group revenue is generated from Tourism products. The Company's operations are located in the PRC and all of the Company's revenue is derived from sales to customers in the PRC region.

42GF Score

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

$10.00

Price

$19.45

GF Value

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