Suzhou Novosense Microelectronics Co (SHSE:688052) Beneish M-Score: -1.78 (As of Jun. 28, 2026)


SHSE:688052 Suzhou Novosense Microelectronics Co Ltd SHSE:688052
86 GF Score
Price ¥273.33
GF Value ¥263.03
Valuation Fairly Valued
! 8 Warning Signs
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What is Suzhou Novosense Microelectronics Co Beneish M-Score?

Suzhou Novosense Microelectronics Co SHSE:688052 -3.60% 86 Beneish M-Score is -1.78 as of Jun. 28, 2026. GuruFocus rates SHSE:688052 with a GF Score™ of 86/100 and a GF Value™ of ¥263.03 (Fairly Valued). The stock has 8 warning signs investors should review. Among 986 Semiconductors companies, Suzhou Novosense Microelectronics Co ranks worse than 77.99% 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 -1.78 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Suzhou Novosense Microelectronics Co's Beneish M-Score or its related term are showing as below:

SHSE:688052' s Beneish M-Score Range Over the Past 10 Years
Min: -3.78   Med: -1.76   Max: 4.83
Current: -1.78

During the past 12 years, the highest Beneish M-Score of Suzhou Novosense Microelectronics Co was 4.83. The lowest was -3.78. And the median was -1.76.


Suzhou Novosense Microelectronics Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Suzhou Novosense Microelectronics 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 Novosense Microelectronics Co Beneish M-Score Chart

Suzhou Novosense Microelectronics Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.83 -1.21 -3.19 -1.40 -1.75

Suzhou Novosense Microelectronics Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -1.20 -1.54 -1.56 -1.75 -1.78

SHSE:688052 vs NVDA, AVGO, MU: Beneish M-Score Comparison

For the Semiconductors subindustry, Suzhou Novosense Microelectronics 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 Novosense Microelectronics Co Beneish M-Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Suzhou Novosense Microelectronics Co's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Suzhou Novosense Microelectronics Co's Beneish M-Score falls into.


SHSE:688052
86GF Score
Suzhou Novosense Microelectronics Co Ltd SHSE:688052
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suzhou Novosense Microelectronics 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 Novosense Microelectronics 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 * 0.9081+0.528 * 0.961+0.404 * 0.8872+0.892 * 1.6382+0.115 * 1
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.6268+4.679 * 0.045718-0.327 * 0.9977
=-1.78

* 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 ¥827 Mil.
Revenue was 1141.366 + 1002.271 + 841.887 + 806.598 = ¥3,792 Mil.
Gross Profit was 384.291 + 357.214 + 283.438 + 290.097 = ¥1,315 Mil.
Total Current Assets was ¥5,939 Mil.
Total Assets was ¥9,538 Mil.
Property, Plant and Equipment(Net PPE) was ¥1,918 Mil.
Depreciation, Depletion and Amortization(DDA) was ¥0 Mil.
Selling, General, & Admin. Expense(SGA) was ¥166 Mil.
Total Current Liabilities was ¥828 Mil.
Long-Term Debt & Capital Lease Obligation was ¥944 Mil.
Net Income was -35.737 + -88.389 + -62.476 + -26.672 = ¥-213 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = ¥0 Mil.
Cash Flow from Operations was -192.914 + -114.241 + -204.72 + -137.465 = ¥-649 Mil.
Total Receivables was ¥556 Mil.
Revenue was 717.067 + 594.292 + 517.111 + 486.389 = ¥2,315 Mil.
Gross Profit was 246.445 + 187.394 + 165.789 + 171.823 = ¥771 Mil.
Total Current Assets was ¥4,499 Mil.
Total Assets was ¥7,514 Mil.
Property, Plant and Equipment(Net PPE) was ¥1,523 Mil.
Depreciation, Depletion and Amortization(DDA) was ¥0 Mil.
Selling, General, & Admin. Expense(SGA) was ¥162 Mil.
Total Current Liabilities was ¥603 Mil.
Long-Term Debt & Capital Lease Obligation was ¥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)
=(827.225 / 3792.122) / (556.089 / 2314.859)
=0.218143 / 0.240226
=0.9081

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)
=(771.451 / 2314.859) / (1315.04 / 3792.122)
=0.33326 / 0.346782
=0.961

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 - (5939.076 + 1917.79) / 9538.082) / (1 - (4498.539 + 1522.763) / 7514.128)
=0.176264 / 0.198669
=0.8872

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
=3792.122 / 2314.859
=1.6382

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 + 1522.763)) / (0 / (0 + 1917.79))
=0 / 0
=1

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)
=(166.279 / 3792.122) / (161.945 / 2314.859)
=0.043849 / 0.069959
=0.6268

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)
=((943.905 + 828.156) / 9538.082) / ((796.459 + 602.747) / 7514.128)
=0.185788 / 0.18621
=0.9977

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
=(-213.274 - 0 - -649.34) / 9538.082
=0.045718

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.

Suzhou Novosense Microelectronics Co has a M-score of -1.78 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 -1.78 mean?
Suzhou Novosense Microelectronics Co (SHSE:688052) has a Beneish M-Score of -1.78 as of Jun. 28, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Suzhou Novosense Microelectronics Co and its competitors. According to the industry distribution chart, Suzhou Novosense Microelectronics Co ranks #769 out of 986 companies in the Semiconductors industry, placing it in the top 78%.
Is Suzhou Novosense Microelectronics Co's Beneish M-Score too high?
Suzhou Novosense Microelectronics Co's current Beneish M-Score is -1.78. Based on the distribution chart, Suzhou Novosense Microelectronics Co ranks #769 out of 986 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Suzhou Novosense Microelectronics Co has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Suzhou Novosense Microelectronics Co's Beneish M-Score compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Suzhou Novosense Microelectronics Co ranks #769 out of 986 companies for Beneish M-Score. This places Suzhou Novosense Microelectronics 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 Semiconductors company?
A good Beneish M-Score depends on the Semiconductors 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 Novosense Microelectronics Co and its competitors. Suzhou Novosense Microelectronics Co's current Beneish M-Score is -1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou Novosense Microelectronics Co stock overvalued right now?
Based on GuruFocus' analysis, Suzhou Novosense Microelectronics Co (SHSE:688052) is currently considered Fairly Valued. The stock's GF Value™ is ¥263.03, compared to a current price of ¥273.33 — trading 3.9% above its estimated fair value. The current Beneish M-Score is -1.78. Suzhou Novosense Microelectronics Co's overall GF Score™ is 86/100 with 8 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 Novosense Microelectronics Co (SHSE:688052), the current Beneish M-Score is -1.78 as of Jun. 28, 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 Suzhou Novosense Microelectronics Co (SHSE:688052) Overvalued in 2026?

Based on GuruFocus' analysis, Suzhou Novosense Microelectronics Co stock appears to be overvalued. The current stock price of ¥273.33 is trading 3.9% above its estimated GF Value™ of ¥263.03. GuruFocus considers Suzhou Novosense Microelectronics Co to be Fairly Valued.

Key valuation signals for SHSE:688052:

  • Beneish M-Score: -1.78
  • GF Value™: ¥263.03 vs. price of ¥273.33 (3.9% above fair value)
  • GF Score™: 86/100 with 8 warning signs

No single metric tells the full story. See the SHSE:688052 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Suzhou Novosense Microelectronics Co Business Description

Other Exchanges 02676:Hong Kong
Address No.9, Dongdangtian Alley, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215000
Suzhou Novosense Microelectronics Co Ltd operates as an analog chip provider in China. The company and its subsidiaries are principally engaged in design, research and development (R&D) of various types of chip products. Its three core product categories include - sensor products, signal chain chips and power management chips that cover (i) sensing, (ii) signal processing, and (iii) system power supply and power drive. The company serves application sectors such as automotive electronics, energy and industrial automation, and consumer electronics. The majority of the company's revenue is derived from the sale of Signal Chain Chips, followed by Power Management Chips, Sensor Products, and Others, mainly in the Chinese Mainland.
86GF Score

Get the complete analysis for SHSE:688052

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

¥273.33
Price
¥263.03
GF Value