Liaoning Fu-An Heavy Industry Co.,Ltd / Financial strength (Piotroski F-Value)

    The F-Value, developed by Stanford accounting professor Joseph Piotroski, measures a company's financial strength based on nine distinct criteria. Piotroski suggest using the value as part of a value investing strategy to rank stocks with a low price-to-book ratio. The approach is described in detail in Piotroski's 2002 Paper Value Investing: The Use of Historical Financial Statement Information to Separate Winners From Losers.

    Financial strength (Piotroski F-Value)
    6 / 9
    Return on assets (ROA) greater than 0
    check 2.6%
    Operating cash flow greater than 0
    check $9.78M
    ROA greater than previous year
    close 2.6%3.4%
    Cash flow return on assets (CFROA) greater than Return on assets (ROA)
    check 2.7% > 2.6%
    Leverage ratio lower than previous year
    close 2.2%1.7%
    Current ratio greater than previous year
    check 175.4% > 172.8%
    No new common stock issued last year
    check $0.00
    Gross margin greater than previous year
    close 14.4%20.9%
    Asset turnover greater than previous year
    check 40.7% > 37.7%

    F-Value history

    The F-Value is calculated for each quarter based on the cumulation of the previous four quarterly statements. Click on the chart to see the F-Value at a specific time in the past.

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