Jiangyin Huaxin Precision Technology (SHSE:603370) Beneish M-Score: 0.00 (As of Jul. 27, 2026)

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SHSE:603370 Jiangyin Huaxin Precision Technology Corp SHSE:603370
45 GF Score
Price ¥31.84
! 3 Warning Signs
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What is Jiangyin Huaxin Precision Technology Beneish M-Score?

Jiangyin Huaxin Precision Technology SHSE:603370 +2.08% 45 Beneish M-Score is 0.00 as of Jul. 27, 2026. GuruFocus rates SHSE:603370 with a GF Score™ of 45/100. The stock has 3 warning signs investors should review. Among 2,914 Industrial Products companies, Jiangyin Huaxin Precision Technology ranks worse than 34317.06% 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 Jiangyin Huaxin Precision Technology's Beneish M-Score or its related term are showing as below:

During the past 11 years, the highest Beneish M-Score of Jiangyin Huaxin Precision Technology was -0.32. The lowest was -6.39. And the median was -2.51.


Jiangyin Huaxin Precision Technology Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Jiangyin Huaxin Precision Technology'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.

Jiangyin Huaxin Precision Technology Beneish M-Score Chart

Jiangyin Huaxin Precision Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.56 0.00 -6.39 -0.88 -2.51

Jiangyin Huaxin Precision Technology Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Dec23 Mar24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 -3.80 0.00 -2.51 0.00

SHSE:603370 vs VRT, BE: Beneish M-Score Comparison

For the Electrical Equipment & Parts subindustry, Jiangyin Huaxin Precision Technology'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.


Jiangyin Huaxin Precision Technology Beneish M-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangyin Huaxin Precision Technology's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Jiangyin Huaxin Precision Technology's Beneish M-Score falls into.


SHSE:603370
45GF Score
Jiangyin Huaxin Precision Technology Corp SHSE:603370
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangyin Huaxin Precision Technology 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 Jiangyin Huaxin Precision Technology 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 ¥616 Mil.
Revenue was 323.247 + 415.946 + 412.887 + 369.499 = ¥1,522 Mil.
Gross Profit was 68.479 + 68.556 + 77.164 + 78.017 = ¥292 Mil.
Total Current Assets was ¥1,811 Mil.
Total Assets was ¥2,687 Mil.
Property, Plant and Equipment(Net PPE) was ¥666 Mil.
Depreciation, Depletion and Amortization(DDA) was ¥0 Mil.
Selling, General, & Admin. Expense(SGA) was ¥35 Mil.
Total Current Liabilities was ¥631 Mil.
Long-Term Debt & Capital Lease Obligation was ¥3 Mil.
Net Income was 33.411 + 29.754 + 37.272 + 49.092 = ¥150 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = ¥0 Mil.
Cash Flow from Operations was -60.895 + 59.344 + 37.471 + 132.726 = ¥169 Mil.
Total Receivables was ¥0 Mil.
Revenue was 382.114 + 434.012 + 357.016 + 328.184 = ¥1,501 Mil.
Gross Profit was 82.687 + 81.869 + 58.819 + -151.787 = ¥72 Mil.
Total Current Assets was ¥0 Mil.
Total Assets was ¥1,882 Mil.
Property, Plant and Equipment(Net PPE) was ¥0 Mil.
Depreciation, Depletion and Amortization(DDA) was ¥0 Mil.
Selling, General, & Admin. Expense(SGA) was ¥33 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)
=(616.473 / 1521.579) / (0 / 1501.326)
=0.405153 / 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)
=(71.588 / 1501.326) / (292.216 / 1521.579)
=0.047683 / 0.192048
=

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 - (1811.288 + 665.827) / 2687.186) / (1 - (0 + 0) / 1882.214)
=0.078175 / 1
=

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
=1521.579 / 1501.326
=

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 + 665.827))
= / 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)
=(35.157 / 1521.579) / (33.167 / 1501.326)
=0.023106 / 0.022092
=

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)
=((2.72 + 631.383) / 2687.186) / ((0 + 0) / 1882.214)
=0.235973 / 0
=

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
=(149.529 - 0 - 168.646) / 2687.186
=-0.007114

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?
Jiangyin Huaxin Precision Technology (SHSE:603370) has a Beneish M-Score of 0.00 as of Jul. 27, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Jiangyin Huaxin Precision Technology and its competitors. According to the industry distribution chart, Jiangyin Huaxin Precision Technology ranks #999999 out of 2914 companies in the Industrial Products industry.
Is Jiangyin Huaxin Precision Technology's Beneish M-Score too high?
Jiangyin Huaxin Precision Technology's current Beneish M-Score is 0.00. Based on the distribution chart, Jiangyin Huaxin Precision Technology ranks #999999 out of 2914 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Jiangyin Huaxin Precision Technology has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Jiangyin Huaxin Precision Technology's Beneish M-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, Jiangyin Huaxin Precision Technology ranks #999999 out of 2914 companies for Beneish M-Score. This places Jiangyin Huaxin Precision Technology 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 Jiangyin Huaxin Precision Technology and its competitors. Jiangyin Huaxin Precision Technology'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 Jiangyin Huaxin Precision Technology stock overvalued right now?
Jiangyin Huaxin Precision Technology (SHSE:603370) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Jiangyin Huaxin Precision Technology's overall GF Score™ is 45/100 with 3 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 Jiangyin Huaxin Precision Technology (SHSE:603370), the current Beneish M-Score is 0.00 as of Jul. 27, 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.

Jiangyin Huaxin Precision Technology Business Description

Address No. 137, Yungu Road, Xingong Village, Gushan Town, Jiangsu Province, Jiangyin, CHN, 214413
Jiangyin Huaxin Precision Technology Corp is engaged in Research and development, production and sales of products in the field of precision stamping.
45GF Score

Get the complete analysis for SHSE:603370

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

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