Wuxi Taclink Optoelectronics Technology Co (SHSE:688205) Beneish M-Score: -1.54 (As of Aug. 31, 2026)

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SHSE:688205 Wuxi Taclink Optoelectronics Technology Co Ltd SHSE:688205
67 GF Score
Price ¥184.77
GF Value ¥64.36
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Wuxi Taclink Optoelectronics Technology Co Beneish M-Score?

Wuxi Taclink Optoelectronics Technology Co SHSE:688205 +4.86% 67 Beneish M-Score is -1.54 as of Aug. 31, 2026. GuruFocus rates SHSE:688205 with a GF Score™ of 67/100 and a GF Value™ of ¥64.36 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,411 Hardware companies, Wuxi Taclink Optoelectronics Technology Co ranks worse than 86.44% 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.

Warning Sign:

Beneish M-Score -1.54 higher than -1.78, which implies that the company might have manipulated its financial results.

The historical rank and industry rank for Wuxi Taclink Optoelectronics Technology Co's Beneish M-Score or its related term are showing as below:

SHSE:688205' s Beneish M-Score Range Over the Past 10 Years
Min: -2.92   Med: -2.05   Max: -1.32
Current: -1.54

During the past 8 years, the highest Beneish M-Score of Wuxi Taclink Optoelectronics Technology Co was -1.32. The lowest was -2.92. And the median was -2.05.


Wuxi Taclink Optoelectronics Technology Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Wuxi Taclink Optoelectronics Technology 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.

Wuxi Taclink Optoelectronics Technology Co Beneish M-Score Chart

Wuxi Taclink Optoelectronics Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial 0.00 -2.09 -1.44 -2.73 -2.34

Wuxi Taclink Optoelectronics Technology Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -2.92 -2.72 -2.34 -2.04 -1.54

SHSE:688205 vs APH, GLW, TEL: Beneish M-Score Comparison

For the Electronic Components subindustry, Wuxi Taclink Optoelectronics Technology 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.


Wuxi Taclink Optoelectronics Technology Co Beneish M-Score vs Hardware Industry

For the Hardware industry and Technology sector, Wuxi Taclink Optoelectronics Technology Co's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Wuxi Taclink Optoelectronics Technology Co's Beneish M-Score falls into.


SHSE:688205
67GF Score
Wuxi Taclink Optoelectronics Technology Co Ltd SHSE:688205
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wuxi Taclink Optoelectronics Technology 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 Wuxi Taclink Optoelectronics Technology 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 * 0.9351+0.528 * 1.0453+0.404 * 2.3836+0.892 * 1.2079+0.115 * 1
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0344+4.679 * 0.07366-0.327 * 1.3326
=-1.54

* 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 (Jun26) TTM:Last Year (Jun25) TTM:
Total Receivables was ¥560 Mil.
Revenue was 290.625 + 254.444 + 281.546 + 218.89 = ¥1,046 Mil.
Gross Profit was 73.767 + 65.479 + 83.516 + 60.033 = ¥283 Mil.
Total Current Assets was ¥2,140 Mil.
Total Assets was ¥3,057 Mil.
Property, Plant and Equipment(Net PPE) was ¥587 Mil.
Depreciation, Depletion and Amortization(DDA) was ¥0 Mil.
Selling, General, & Admin. Expense(SGA) was ¥35 Mil.
Total Current Liabilities was ¥596 Mil.
Long-Term Debt & Capital Lease Obligation was ¥0 Mil.
Net Income was 78.617 + 19.639 + 31.449 + 12.013 = ¥142 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = ¥0 Mil.
Cash Flow from Operations was -90.587 + -64.23 + 2.684 + 68.674 = ¥-83 Mil.
Total Receivables was ¥496 Mil.
Revenue was 234.524 + 198.832 + 240.629 + 191.562 = ¥866 Mil.
Gross Profit was 59.597 + 54.163 + 67.957 + 62.999 = ¥245 Mil.
Total Current Assets was ¥2,152 Mil.
Total Assets was ¥2,659 Mil.
Property, Plant and Equipment(Net PPE) was ¥387 Mil.
Depreciation, Depletion and Amortization(DDA) was ¥0 Mil.
Selling, General, & Admin. Expense(SGA) was ¥28 Mil.
Total Current Liabilities was ¥388 Mil.
Long-Term Debt & Capital Lease Obligation was ¥1 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)
=(560.396 / 1045.505) / (496.114 / 865.547)
=0.536005 / 0.57318
=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)
=(244.716 / 865.547) / (282.795 / 1045.505)
=0.28273 / 0.270487
=1.0453

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 - (2139.964 + 587.3) / 3056.964) / (1 - (2151.839 + 386.652) / 2658.794)
=0.107852 / 0.045247
=2.3836

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
=1045.505 / 865.547
=1.2079

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 + 386.652)) / (0 / (0 + 587.3))
=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)
=(34.662 / 1045.505) / (27.74 / 865.547)
=0.033153 / 0.032049
=1.0344

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)
=((0.212 + 595.907) / 3056.964) / ((1.173 + 387.906) / 2658.794)
=0.195004 / 0.146337
=1.3326

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
=(141.718 - 0 - -83.459) / 3056.964
=0.07366

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.

Wuxi Taclink Optoelectronics Technology Co has a M-score of -1.54 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 -1.54 mean?
Wuxi Taclink Optoelectronics Technology Co (SHSE:688205) has a Beneish M-Score of -1.54 as of Aug. 31, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Wuxi Taclink Optoelectronics Technology Co and its competitors. According to the industry distribution chart, Wuxi Taclink Optoelectronics Technology Co ranks #2084 out of 2411 companies in the Hardware industry, placing it in the top 86.4%.
Is Wuxi Taclink Optoelectronics Technology Co's Beneish M-Score too high?
Wuxi Taclink Optoelectronics Technology Co's current Beneish M-Score is -1.54. Based on the distribution chart, Wuxi Taclink Optoelectronics Technology Co ranks #2084 out of 2411 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Wuxi Taclink Optoelectronics Technology Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wuxi Taclink Optoelectronics Technology Co's Beneish M-Score compare to APH and GLW?
According to the Hardware industry distribution chart, Wuxi Taclink Optoelectronics Technology Co ranks #2084 out of 2411 companies for Beneish M-Score. This places Wuxi Taclink Optoelectronics Technology 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 Hardware company?
A good Beneish M-Score depends on the Hardware 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 Wuxi Taclink Optoelectronics Technology Co and its competitors. Wuxi Taclink Optoelectronics Technology Co's current Beneish M-Score is -1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wuxi Taclink Optoelectronics Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Wuxi Taclink Optoelectronics Technology Co (SHSE:688205) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥64.36, compared to a current price of ¥184.77 — trading 187.1% above its estimated fair value. The current Beneish M-Score is -1.54. Wuxi Taclink Optoelectronics Technology Co's overall GF Score™ is 67/100 with 6 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 Wuxi Taclink Optoelectronics Technology Co (SHSE:688205), the current Beneish M-Score is -1.54 as of Aug. 31, 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 Wuxi Taclink Optoelectronics Technology Co (SHSE:688205) Overvalued in 2026?

Based on GuruFocus' analysis, Wuxi Taclink Optoelectronics Technology Co stock appears to be overvalued. The current stock price of ¥184.77 is trading 187.1% above its estimated GF Value™ of ¥64.36. GuruFocus considers Wuxi Taclink Optoelectronics Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:688205:

  • Beneish M-Score: -1.54
  • GF Value™: ¥64.36 vs. price of ¥184.77 (187.1% above fair value)
  • GF Score™: 67/100 with 6 warning signs

No single metric tells the full story. See the SHSE:688205 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wuxi Taclink Optoelectronics Technology Co Business Description

Address No. 93, Science and Technology Industrial Park, Block C, New District, Jiangsu Province, Wuxi, CHN, 214028
Wuxi Taclink Optoelectronics Technology Co Ltd is engaged in the research and development, production, and sales of optical transceiver modules, optical amplifiers, and optical transmission subsystems.
67GF Score

Get the complete analysis for SHSE:688205

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

¥184.77
Price
¥64.36
GF Value