Shenzhen Yanmade TechnologySHSE:688312 +6.12%75 Piotroski F-Score is 8 as of Jun. 24, 2026, which is 60% above its 10-year median of 5.00. GuruFocus rates SHSE:688312 with a GF Score™ of 75/100 and a GF Value™ of ¥42.41 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,979 Industrial Products companies, Shenzhen Yanmade Technology ranks better than 97.95% on this metric.
Good Sign:
Piotroski F-Score is 8, indicates a very healthy situation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Shenzhen Yanmade Technology has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Shenzhen Yanmade Technology's Piotroski F-Score or its related term are showing as below:
SHSE:688312'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 9
Current: 8
During the past 10 years, the highest Piotroski F-Score of Shenzhen Yanmade Technology was 9. The lowest was 2. And the median was 5.
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.
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.
Shenzhen Yanmade Technology Piotroski F-Score Related Terms
Shenzhen Yanmade Technology Piotroski F-Score Historical Data
* 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.
SHSE:688312 vs GEV, ETN, PH: Piotroski F-Score Comparison
For the Specialty Industrial Machinery subindustry, Shenzhen Yanmade Technology'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.
Shenzhen Yanmade Technology Piotroski F-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shenzhen Yanmade Technology's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Shenzhen Yanmade Technology's Piotroski F-Score falls into.
* 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.
*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.
Shenzhen Yanmade Technology's current Net Income (TTM) was 136.4.
==> 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.
Shenzhen Yanmade Technology's current Cash Flow from Operations (TTM) was 304.4.
==> 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.
Shenzhen Yanmade Technology's return on assets of this year was 0.07960233. Shenzhen Yanmade Technology's return on assets of last year was 0.05736514.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Shenzhen Yanmade Technology's gearing of this year was 0.00577404. Shenzhen Yanmade Technology's gearing of last year was 0.
==> 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
Shenzhen Yanmade Technology's current ratio of this year was 5.84024198. Shenzhen Yanmade Technology's current ratio of last year was 4.41879069.
==> 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.
Shenzhen Yanmade Technology's number of shares in issue this year was 123.442. Shenzhen Yanmade Technology's number of shares in issue last year was 125.866.
==> There is smaller number of shares in issue this year, or the same. ==> Score 1.
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.
Shenzhen Yanmade Technology's gross margin of this year was 0.50298962. Shenzhen Yanmade Technology's gross margin of last year was 0.48518309.
==> 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
Shenzhen Yanmade Technology's asset turnover of this year was 0.35899339. Shenzhen Yanmade Technology's asset turnover of last year was 0.33033649.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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8
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Shenzhen Yanmade Technology has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
Shenzhen Yanmade Technology (SHSE:688312) has a Piotroski F-Score of 8 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Shenzhen Yanmade Technology and its competitors. This is 60% above median its historical median of 5.00. Over the past decade, Shenzhen Yanmade Technology's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Shenzhen Yanmade Technology ranks #61 out of 2979 companies in the Industrial Products industry, placing it in the top 2%.
Is Shenzhen Yanmade Technology's Piotroski F-Score too high?
Shenzhen Yanmade Technology's current Piotroski F-Score of 8 is 60% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Industrial Products industry median Piotroski F-Score is 5.00. Shenzhen Yanmade Technology's value of 8 is 60% above this industry median. Based on the distribution chart, Shenzhen Yanmade Technology ranks #61 out of 2979 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shenzhen Yanmade Technology has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Yanmade Technology's Piotroski F-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shenzhen Yanmade Technology ranks #61 out of 2979 companies for Piotroski F-Score. This places Shenzhen Yanmade Technology in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Shenzhen Yanmade Technology's value of 8 is 60% above this benchmark. Historically, Shenzhen Yanmade Technology's own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Shenzhen Yanmade Technology has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,979 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shenzhen Yanmade Technology's current Piotroski F-Score of 8 is 60% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Shenzhen Yanmade Technology and its competitors. For the Industrial Products industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Yanmade Technology's current Piotroski F-Score is 8, which is 60% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Yanmade Technology stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Yanmade Technology (SHSE:688312) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥42.41, compared to a current price of ¥96.95 — trading 128.6% above its estimated fair value. The current Piotroski F-Score is 8, which is 60% above median its 10-year median of 5.00 and 60% above the Industrial Products industry median of 5.00. Shenzhen Yanmade Technology's overall GF Score™ is 75/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Shenzhen Yanmade Technology (SHSE:688312), the current Piotroski F-Score is 8 as of Jun. 24, 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 Shenzhen Yanmade Technology (SHSE:688312) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Yanmade Technology stock appears to be overvalued.
The current stock price of ¥96.95 is trading 128.6% above its estimated GF Value™ of ¥42.41.
GuruFocus considers Shenzhen Yanmade Technology to be Significantly Overvalued.
Key valuation signals for SHSE:688312:
Piotroski F-Score: 8 (60% above median its 10-year median of 5.00)
GF Value™: ¥42.41 vs. price of ¥96.95 (128.6% above fair value)
Industry Position: 60% above the Industrial Products median (#61 of 2979)
No single metric tells the full story. See the SHSE:688312 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Yanmade Technology Inc is engaged in design, production and sales of automated and intelligent test equipment. The cmpany's products include multiple test fields such as automatic test equipment, test fixtures, accessories, etc., and use mechanical automation solutions with independent intellectual property rights to realize flexible manufacturing and intelligent manufacturing platforms for customers.
75GF Score
Get the complete analysis for SHSE:688312
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