Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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 -2.76 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for CNFC Overseas Fisheries Co's Beneish M-Score or its related term are showing as below:
SZSE:000798'
s Beneish M-Score Range Over the Past 10 Years
Min: -5.51 Med: -2.66 Max: 38.29
Current: -2.76
During the past 13 years, the highest Beneish M-Score of CNFC Overseas Fisheries Co was 38.29. The lowest was -5.51. And the median was -2.66.
* 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.
SZSE:000798 vs KHC, GIS: Beneish M-Score Comparison
For the Packaged Foods subindustry, CNFC Overseas Fisheries 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.
CNFC Overseas Fisheries Co Beneish M-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, CNFC Overseas Fisheries Co's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where CNFC Overseas Fisheries Co's Beneish M-Score falls into.
CNFC Overseas Fisheries 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 CNFC Overseas Fisheries 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 * 1.0728
+
0.528 * 0.3644
+
0.404 * 1.2603
+
0.892 * 0.9069
+
0.115 * 1
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.9525
+
4.679 * -0.008481
-
0.327 * 0.9909
=
-2.76
* 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.
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.
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 + 2881.264))
/
(0 / (0 + 2874.236))
=
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
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
=
(73.656 - 0
-
123.927)
/
5927.612
=
-0.008481
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.
CNFC Overseas Fisheries Co has a M-score of -2.76 suggests that the company is unlikely to be a manipulator.
CNFC Overseas Fisheries Co (SZSE:000798) has a Beneish M-Score of -2.76 as of Aug. 02, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on CNFC Overseas Fisheries Co and its competitors. According to the industry distribution chart, CNFC Overseas Fisheries Co ranks #558 out of 1854 companies in the Consumer Packaged Goods industry, placing it in the top 30.1%.
Is CNFC Overseas Fisheries Co's Beneish M-Score too high?
CNFC Overseas Fisheries Co's current Beneish M-Score is -2.76. Based on the distribution chart, CNFC Overseas Fisheries Co ranks #558 out of 1854 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, CNFC Overseas Fisheries Co has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CNFC Overseas Fisheries Co's Beneish M-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, CNFC Overseas Fisheries Co ranks #558 out of 1854 companies for Beneish M-Score. This puts CNFC Overseas Fisheries Co in the upper 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 Consumer Packaged Goods company?
A good Beneish M-Score depends on the Consumer Packaged Goods 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 CNFC Overseas Fisheries Co and its competitors. CNFC Overseas Fisheries Co's current Beneish M-Score is -2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CNFC Overseas Fisheries Co stock overvalued right now?
Based on GuruFocus' analysis, CNFC Overseas Fisheries Co (SZSE:000798) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.78, compared to a current price of ¥7.95 — trading 9.5% below its estimated fair value. The current Beneish M-Score is -2.76. CNFC Overseas Fisheries Co's overall GF Score™ is 53/100 with 7 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 CNFC Overseas Fisheries Co (SZSE:000798), the current Beneish M-Score is -2.76 as of Aug. 02, 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 CNFC Overseas Fisheries Co (SZSE:000798) Overvalued in 2026?
Based on GuruFocus' analysis, CNFC Overseas Fisheries Co stock appears to be undervalued.
The current stock price of ¥7.95 is trading 9.5% below its estimated GF Value™ of ¥8.78.
GuruFocus considers CNFC Overseas Fisheries Co to be Fairly Valued.
Key valuation signals for SZSE:000798:
Beneish M-Score: -2.76
GF Value™: ¥8.78 vs. price of ¥7.95 (9.5% below fair value)
No single metric tells the full story. See the SZSE:000798 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CNFC Overseas Fisheries Co Ltd is a China-based company mainly engaged in distant water fishing operation and international economic and trading cooperation. It owns various ocean-going fishing vessels and carries out fishing operations in the Pacific Ocean, Indian Ocean, and the Atlantic Ocean. Its product offerings include squid from Argentina and Peru, saury, tuna, and by-catches as well as associated processed marine products. The company is also engaged in aquatic products trading, ship repair, import and export of fishing machinery, gears, other related equipment, and supplies.
53GF Score
Get the complete analysis for SZSE:000798
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SZSE:000798 has been successfully added to your 
