GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Inly Media Co Ltd (SHSE:603598) » Definitions » Piotroski F-Score

Inly Media Co (SHSE:603598) Piotroski F-Score : 6 (As of May. 25, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Inly Media Co Piotroski F-Score?

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Inly Media Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Inly Media Co's Piotroski F-Score or its related term are showing as below:

SHSE:603598' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Inly Media Co was 8. The lowest was 2. And the median was 5.


Inly Media Co Piotroski F-Score Historical Data

The historical data trend for Inly Media Co's Piotroski F-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.

* Premium members only.

Inly Media Co Piotroski F-Score Chart

Inly Media Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 5.00 3.00 5.00 7.00

Inly Media Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Piotroski F-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 5.00 5.00 3.00 7.00 6.00

Competitive Comparison of Inly Media Co's Piotroski F-Score

For the Advertising Agencies subindustry, Inly Media Co's Piotroski F-Score, along with its competitors' market caps and Piotroski F-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.


Inly Media Co's Piotroski F-Score Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Inly Media Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Inly Media Co's Piotroski F-Score falls into.


How is the Piotroski F-Score calculated?

* 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 (Mar24) TTM:Last Year (Mar23) TTM:
Net Income was 23.35 + 3.18 + 12.834 + 8.044 = ¥47 Mil.
Cash Flow from Operations was -1.466 + 21.346 + 273.259 + -250.137 = ¥43 Mil.
Revenue was 1326.719 + 1167.663 + 1286.461 + 1267.678 = ¥5,049 Mil.
Gross Profit was 79.608 + 54.748 + 79.483 + 58.726 = ¥273 Mil.
Average Total Assets from the begining of this year (Mar23)
to the end of this year (Mar24) was
(1347.472 + 1253.58 + 1267.517 + 1222.062 + 1394.19) / 5 = ¥1296.9642 Mil.
Total Assets at the begining of this year (Mar23) was ¥1,347 Mil.
Long-Term Debt & Capital Lease Obligation was ¥42 Mil.
Total Current Assets was ¥1,278 Mil.
Total Current Liabilities was ¥1,139 Mil.
Net Income was 22.266 + 3.554 + -125.925 + 8.677 = ¥-91 Mil.

Revenue was 1167.36 + 1127.047 + 1231.886 + 957.084 = ¥4,483 Mil.
Gross Profit was 88.029 + 63.901 + 2.988 + 55.516 = ¥210 Mil.
Average Total Assets from the begining of last year (Mar22)
to the end of last year (Mar23) was
(1459.315 + 1383.02 + 1276.007 + 1387.903 + 1347.472) / 5 = ¥1370.7434 Mil.
Total Assets at the begining of last year (Mar22) was ¥1,459 Mil.
Long-Term Debt & Capital Lease Obligation was ¥43 Mil.
Total Current Assets was ¥1,249 Mil.
Total Current Liabilities was ¥1,149 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Inly Media Co's current Net Income (TTM) was 47. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Inly Media Co's current Cash Flow from Operations (TTM) was 43. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar23)
=47.408/1347.472
=0.03518292

ROA (Last Year)=Net Income/Total Assets (Mar22)
=-91.428/1459.315
=-0.06265131

Inly Media Co's return on assets of this year was 0.03518292. Inly Media Co's return on assets of last year was -0.06265131. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Inly Media Co's current Net Income (TTM) was 47. Inly Media Co's current Cash Flow from Operations (TTM) was 43. ==> 43 <= 47 ==> CFROA <= ROA ==> Score 0.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=42.205/1296.9642
=0.03254138

Gearing (Last Year: Mar23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar22 to Mar23
=42.636/1370.7434
=0.03110429

Inly Media Co's gearing of this year was 0.03254138. Inly Media Co's gearing of last year was 0.03110429. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar24)=Total Current Assets/Total Current Liabilities
=1278.225/1138.733
=1.12249755

Current Ratio (Last Year: Mar23)=Total Current Assets/Total Current Liabilities
=1248.6/1149.08
=1.08660842

Inly Media Co's current ratio of this year was 1.12249755. Inly Media Co's current ratio of last year was 1.08660842. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Inly Media Co's number of shares in issue this year was 268.148. Inly Media Co's number of shares in issue last year was 267.823. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=272.565/5048.521
=0.05398908

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=210.434/4483.377
=0.04693649

Inly Media Co's gross margin of this year was 0.05398908. Inly Media Co's gross margin of last year was 0.04693649. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar23)
=5048.521/1347.472
=3.74666116

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar22)
=4483.377/1459.315
=3.0722476

Inly Media Co's asset turnover of this year was 3.74666116. Inly Media Co's asset turnover of last year was 3.0722476. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+0+0+1+0+1+1
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Inly Media Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Inly Media Co  (SHSE:603598) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Inly Media Co Piotroski F-Score Related Terms

Thank you for viewing the detailed overview of Inly Media Co's Piotroski F-Score provided by GuruFocus.com. Please click on the following links to see related term pages.


Inly Media Co (SHSE:603598) Business Description

Traded in Other Exchanges
N/A
Address
Water Park B, Building 3, Room 105, Fu Wai liangjiadian, Haidian District, Beijing, CHN, 100020
Inly Media Co Ltd is engaged in providing advertising services.
Executives
Luo Yan Ji Director
Li Hao Director
Pan Xin Xin Director
Wang Xiao Ying Director
Zhang Hua senior management
Chen Wan Yin senior management
Zhang Zhao Yang senior management
Jiang Jia Xiao senior management
Sang Zhi Yong Director
Li Jian Xin senior management
Sun Yue Supervisors
Wang Qian Director

Inly Media Co (SHSE:603598) Headlines

No Headlines