ShanDong Cynda Chemical 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)
-
5 / 9
- Return on assets (ROA) greater than 0
- check 2.5%
- Operating cash flow greater than 0
- check $1.29M
- ROA greater than previous year
- check 2.5% > -4.0%
- Cash flow return on assets (CFROA) greater than Return on assets (ROA)
- close 0.3% ≤ 2.5%
- Leverage ratio lower than previous year
- close 0.0% ≥ 0.0%
- Current ratio greater than previous year
- close 126.1% ≤ 135.2%
- No new common stock issued last year
- check $0.00
- Gross margin greater than previous year
- check 17.2% > 8.9%
- Asset turnover greater than previous year
- close 61.2% ≤ 66.5%
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.
-
7
-
4
-
5
-
6
-
5
-
6
-
6
-
6
-
5
-
5
-
4
-
4
-
5
-
5
-
6
-
6
-
6
-
6
-
4
-
6
-
7
-
7
-
7
-
7
-
4
-
5
-
3
-
3
-
2
-
3
-
5
-
4
-
5