Suzhou Fengbei Biotech Stock Co (SHSE:603334) Beneish M-Score: 0.00 (As of Jul. 29, 2026)

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SHSE:603334 Suzhou Fengbei Biotech Stock Co Ltd SHSE:603334
40 GF Score
Price ¥32.07
! 4 Warning Signs
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What is Suzhou Fengbei Biotech Stock Co Beneish M-Score?

Suzhou Fengbei Biotech Stock Co SHSE:603334 +0.88% 40 Beneish M-Score is 0.00 as of Jul. 29, 2026. GuruFocus rates SHSE:603334 with a GF Score™ of 40/100. The stock has 4 warning signs investors should review. Among 224 Waste Management companies, Suzhou Fengbei Biotech Stock Co ranks worse than 446428.13% 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 Suzhou Fengbei Biotech Stock Co's Beneish M-Score or its related term are showing as below:

During the past 6 years, the highest Beneish M-Score of Suzhou Fengbei Biotech Stock Co was -5.95. The lowest was -5.95. And the median was -5.95.


Suzhou Fengbei Biotech Stock Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Suzhou Fengbei Biotech Stock 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.

Suzhou Fengbei Biotech Stock Co Beneish M-Score Chart

Suzhou Fengbei Biotech Stock Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 -5.95

Suzhou Fengbei Biotech Stock Co Quarterly Data
Dec20 Dec21 Dec22 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 -5.95 0.00

SHSE:603334 vs WM, RSG, WCN: Beneish M-Score Comparison

For the Waste Management subindustry, Suzhou Fengbei Biotech Stock 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.


Suzhou Fengbei Biotech Stock Co Beneish M-Score vs Waste Management Industry

For the Waste Management industry and Industrials sector, Suzhou Fengbei Biotech Stock Co's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Suzhou Fengbei Biotech Stock Co's Beneish M-Score falls into.


SHSE:603334
40GF Score
Suzhou Fengbei Biotech Stock Co Ltd SHSE:603334
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Suzhou Fengbei Biotech Stock 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 Suzhou Fengbei Biotech Stock 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 * +0.528 * +0.404 * +0.892 * +0.115 *
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * +4.679 * -0.327 *
=

* 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 ¥254 Mil.
Revenue was 1108.73 + 919.39 + 773.276 + 812.435 = ¥3,614 Mil.
Gross Profit was 66.776 + 55.983 + 62.557 + 73.922 = ¥259 Mil.
Total Current Assets was ¥1,670 Mil.
Total Assets was ¥2,166 Mil.
Property, Plant and Equipment(Net PPE) was ¥414 Mil.
Depreciation, Depletion and Amortization(DDA) was ¥0 Mil.
Selling, General, & Admin. Expense(SGA) was ¥24 Mil.
Total Current Liabilities was ¥414 Mil.
Long-Term Debt & Capital Lease Obligation was ¥0 Mil.
Net Income was 40.879 + 23.256 + 32.236 + 48.39 = ¥145 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = ¥0 Mil.
Cash Flow from Operations was 55.351 + 106.314 + -125.274 + 52.246 = ¥89 Mil.
Total Receivables was ¥0 Mil.
Revenue was 665.695 + 560.973 + 399.149 + 0 = ¥1,626 Mil.
Gross Profit was 66.454 + 59.622 + -820.16 + 0 = ¥-694 Mil.
Total Current Assets was ¥0 Mil.
Total Assets was ¥0 Mil.
Property, Plant and Equipment(Net PPE) was ¥0 Mil.
Depreciation, Depletion and Amortization(DDA) was ¥0 Mil.
Selling, General, & Admin. Expense(SGA) was ¥7 Mil.
Total Current Liabilities was ¥0 Mil.
Long-Term Debt & Capital Lease Obligation was ¥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)
=(253.599 / 3613.831) / (0 / 1625.817)
=0.070175 / 0
=

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)
=(-694.084 / 1625.817) / (259.238 / 3613.831)
=-0.426914 / 0.071735
=

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 - (1669.977 + 414.473) / 2166.451) / (1 - (0 + 0) / 0)
=0.03785 /
=

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
=3613.831 / 1625.817
=

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))
=(0 / (0 + 0)) / (0 / (0 + 414.473))
= / 0
=

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)
=(24.259 / 3613.831) / (7.076 / 1625.817)
=0.006713 / 0.004352
=

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)
=((0.49 + 414.064) / 2166.451) / ((0 + 0) / 0)
=0.191352 /
=

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
=(144.761 - 0 - 88.637) / 2166.451
=0.025906

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?
Suzhou Fengbei Biotech Stock Co (SHSE:603334) has a Beneish M-Score of 0.00 as of Jul. 29, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Suzhou Fengbei Biotech Stock Co and its competitors. According to the industry distribution chart, Suzhou Fengbei Biotech Stock Co ranks #999999 out of 224 companies in the Waste Management industry.
Is Suzhou Fengbei Biotech Stock Co's Beneish M-Score too high?
Suzhou Fengbei Biotech Stock Co's current Beneish M-Score is 0.00. Based on the distribution chart, Suzhou Fengbei Biotech Stock Co ranks #999999 out of 224 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Suzhou Fengbei Biotech Stock Co has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Suzhou Fengbei Biotech Stock Co's Beneish M-Score compare to WM and RSG?
According to the Waste Management industry distribution chart, Suzhou Fengbei Biotech Stock Co ranks #999999 out of 224 companies for Beneish M-Score. This places Suzhou Fengbei Biotech Stock Co 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 a Waste Management company?
A good Beneish M-Score depends on the Waste 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 Suzhou Fengbei Biotech Stock Co and its competitors. Suzhou Fengbei Biotech Stock Co'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 Suzhou Fengbei Biotech Stock Co stock overvalued right now?
Suzhou Fengbei Biotech Stock Co (SHSE:603334) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Suzhou Fengbei Biotech Stock Co's overall GF Score™ is 40/100 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 Suzhou Fengbei Biotech Stock Co (SHSE:603334), the current Beneish M-Score is 0.00 as of Jul. 29, 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.

Suzhou Fengbei Biotech Stock Co Business Description

Address No. 1 Donghai Road, Yangtze River International Chemical Industrial Park, Jiangsu Province, Zhangjiagang, CHN, 215600
Suzhou Fengbei Biotech Stock Co Ltd is focused on the comprehensive utilization of waste oil and fat resources. The company is engaged in the research and development, production, and sales of industrial packaging materials, methyl oleate, and methylated soybean oil (excluding food products). It operates as an independent import and export agent for various commodities and technologies. The company's licensed projects include Fertilizer production, and General projects include Technical services, technical development, technical consultation, technical exchange, technology transfer, and technology promotion. It is into the research and development of bio-organic fertilizers, compound microbial fertilizers, and bio-pesticide technology.
40GF Score

Get the complete analysis for SHSE:603334

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

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