ORG Technology Co (SZSE:002701) Beneish M-Score: -2.21 (As of Aug. 08, 2026)

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SZSE:002701 ORG Technology Co Ltd SZSE:002701
71 GF Score
Price ¥4.84
GF Value ¥8.28
Valuation Possible Value Trap
! 7 Warning Signs
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What is ORG Technology Co Beneish M-Score?

ORG Technology Co SZSE:002701 71 Beneish M-Score is -2.21 as of Aug. 08, 2026. GuruFocus rates SZSE:002701 with a GF Score™ of 71/100 and a GF Value™ of ¥8.28 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 376 Packaging & Containers companies, ORG Technology Co ranks worse than 75.53% 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 -2.21 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

SZSE:002701' s Beneish M-Score Range Over the Past 10 Years
Min: -3.55   Med: -2.39   Max: -1.66
Current: -2.21

During the past 13 years, the highest Beneish M-Score of ORG Technology Co was -1.66. The lowest was -3.55. And the median was -2.39.


ORG Technology Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for ORG 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.

ORG Technology Co Beneish M-Score Chart

ORG Technology 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 -2.42 -2.36 -2.81 -3.10 -1.85

ORG Technology 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 -2.12 -2.07 -2.00 -1.85 -2.21

SZSE:002701 vs SW, PKG, IP: Beneish M-Score Comparison

For the Packaging & Containers subindustry, ORG 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.


ORG Technology Co Beneish M-Score vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, ORG Technology Co's Beneish M-Score distribution charts can be found below:

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


SZSE:002701
71GF Score
ORG Technology Co Ltd SZSE:002701
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ORG 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 ORG 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 * 0.8293+0.528 * 1.1351+0.404 * 0.9865+0.892 * 1.6344+0.115 * 1
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.7602+4.679 * -0.052446-0.327 * 0.9884
=-2.21

* 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 ¥9,245 Mil.
Revenue was 7206.787 + 5674.602 + 6619.032 + 6152.232 = ¥25,653 Mil.
Gross Profit was 1042.566 + 605.113 + 823.633 + 897.874 = ¥3,369 Mil.
Total Current Assets was ¥16,228 Mil.
Total Assets was ¥32,519 Mil.
Property, Plant and Equipment(Net PPE) was ¥11,172 Mil.
Depreciation, Depletion and Amortization(DDA) was ¥0 Mil.
Selling, General, & Admin. Expense(SGA) was ¥676 Mil.
Total Current Liabilities was ¥14,223 Mil.
Long-Term Debt & Capital Lease Obligation was ¥5,565 Mil.
Net Income was 517.125 + -69.534 + 173.062 + 238.587 = ¥859 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = ¥0 Mil.
Cash Flow from Operations was -54.289 + 925.507 + 750.454 + 943.054 = ¥2,565 Mil.
Total Receivables was ¥6,821 Mil.
Revenue was 5574.337 + 2815.769 + 3651.23 + 3654.473 = ¥15,696 Mil.
Gross Profit was 758.126 + 352.039 + 594.188 + 635.635 = ¥2,340 Mil.
Total Current Assets was ¥13,041 Mil.
Total Assets was ¥30,137 Mil.
Property, Plant and Equipment(Net PPE) was ¥12,286 Mil.
Depreciation, Depletion and Amortization(DDA) was ¥0 Mil.
Selling, General, & Admin. Expense(SGA) was ¥544 Mil.
Total Current Liabilities was ¥14,585 Mil.
Long-Term Debt & Capital Lease Obligation was ¥3,970 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)
=(9245.104 / 25652.653) / (6821.081 / 15695.809)
=0.360396 / 0.43458
=0.8293

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)
=(2339.988 / 15695.809) / (3369.186 / 25652.653)
=0.149084 / 0.131339
=1.1351

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 - (16227.679 + 11171.61) / 32519.056) / (1 - (13040.718 + 12286.497) / 30136.929)
=0.157439 / 0.159595
=0.9865

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
=25652.653 / 15695.809
=1.6344

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 + 12286.497)) / (0 / (0 + 11171.61))
=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)
=(675.968 / 25652.653) / (544.063 / 15695.809)
=0.026351 / 0.034663
=0.7602

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)
=((5565.487 + 14222.824) / 32519.056) / ((3969.509 + 14585.079) / 30136.929)
=0.608514 / 0.615676
=0.9884

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
=(859.24 - 0 - 2564.726) / 32519.056
=-0.052446

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.

ORG Technology Co has a M-score of -2.21 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 -2.21 mean?
ORG Technology Co (SZSE:002701) has a Beneish M-Score of -2.21 as of Aug. 08, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on ORG Technology Co and its competitors. According to the industry distribution chart, ORG Technology Co ranks #284 out of 376 companies in the Packaging & Containers industry, placing it in the top 75.5%.
Is ORG Technology Co's Beneish M-Score too high?
ORG Technology Co's current Beneish M-Score is -2.21. Based on the distribution chart, ORG Technology Co ranks #284 out of 376 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, ORG Technology Co has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ORG Technology Co's Beneish M-Score compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, ORG Technology Co ranks #284 out of 376 companies for Beneish M-Score. This places ORG 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 Packaging & Containers company?
A good Beneish M-Score depends on the Packaging & Containers 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 ORG Technology Co and its competitors. ORG Technology Co's current Beneish M-Score is -2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ORG Technology Co stock overvalued right now?
Based on GuruFocus' analysis, ORG Technology Co (SZSE:002701) is currently considered Possible Value Trap. The stock's GF Value™ is ¥8.28, compared to a current price of ¥4.84 — trading 41.5% below its estimated fair value. The current Beneish M-Score is -2.21. ORG Technology Co's overall GF Score™ is 71/100 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 ORG Technology Co (SZSE:002701), the current Beneish M-Score is -2.21 as of Aug. 08, 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 ORG Technology Co (SZSE:002701) Overvalued in 2026?

Based on GuruFocus' analysis, ORG Technology Co stock appears to be undervalued. The current stock price of ¥4.84 is trading 41.5% below its estimated GF Value™ of ¥8.28. GuruFocus considers ORG Technology Co to be Possible Value Trap.

Key valuation signals for SZSE:002701:

  • Beneish M-Score: -2.21
  • GF Value™: ¥8.28 vs. price of ¥4.84 (41.5% below fair value)
  • GF Score™: 71/100 with 7 warning signs

No single metric tells the full story. See the SZSE:002701 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ORG Technology Co Business Description

Address YanQi Industrial Development Zone, Huai Rou District, Beijing, CHN, 101407
ORG Technology Co Ltd is engaged in providing internet information services. The firm engages in offering technology development, technical services, technology testing; product design; economic and trade consultation; automatic identification and identification systems development and application; development and application of visualization and cargo tracking system; development and application of intelligent management system. Geographically it operates through China however it also holds a presence in the international market.
71GF Score

Get the complete analysis for SZSE:002701

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

¥4.84
Price
¥8.28
GF Value