Hongli Group Ordinary Stock Piotroski F Score

HLP Stock   1.32  0.01  0.76%   
This module uses fundamental data of Hongli Group to approximate its Piotroski F score. Hongli Group F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Hongli Group Ordinary. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Hongli Group financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Hongli Group Altman Z Score, Hongli Group Correlation, Hongli Group Valuation, as well as analyze Hongli Group Alpha and Beta and Hongli Group Hype Analysis.
  
At this time, Hongli Group's Cash Flow To Debt Ratio is relatively stable compared to the past year. At this time, Hongli Group's Capex To Operating Cash Flow is relatively stable compared to the past year. As of 03/02/2025, PFCF Ratio is likely to grow to 883.05, while Days Sales Outstanding is likely to drop 105.02.
At this time, it appears that Hongli Group's Piotroski F Score is Healthy. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
6.0
Piotroski F Score - Healthy
Current Return On Assets

Positive

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Hongli Group Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Hongli Group is to make sure Hongli is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Hongli Group's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Hongli Group's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.02940.031
Notably Down
Slightly volatile
Asset Turnover0.840.57
Way Up
Slightly volatile
Gross Profit Margin0.410.37
Significantly Up
Slightly volatile
Net Debt7.6 M9.6 M
Significantly Down
Slightly volatile
Total Current Liabilities8.8 M8.8 M
Slightly Down
Slightly volatile
Total Assets25 M36.9 M
Way Down
Slightly volatile
Total Current Assets11 M12.4 M
Fairly Down
Slightly volatile
Total Cash From Operating Activities1.5 M796.4 K
Way Up
Slightly volatile

Hongli Group Ordinary F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Hongli Group's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Hongli Group in a much-optimized way.

About Hongli Group Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Common Stock Shares Outstanding

9.6 Million

At this time, Hongli Group's Common Stock Shares Outstanding is relatively stable compared to the past year.

About Hongli Group Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hongli Group Ordinary's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hongli Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hongli Group Ordinary based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Hongli Group

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hongli Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hongli Group will appreciate offsetting losses from the drop in the long position's value.

Moving against Hongli Stock

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The ability to find closely correlated positions to Hongli Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hongli Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hongli Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hongli Group Ordinary to buy it.
The correlation of Hongli Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hongli Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hongli Group Ordinary moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hongli Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Hongli Stock Analysis

When running Hongli Group's price analysis, check to measure Hongli Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hongli Group is operating at the current time. Most of Hongli Group's value examination focuses on studying past and present price action to predict the probability of Hongli Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hongli Group's price. Additionally, you may evaluate how the addition of Hongli Group to your portfolios can decrease your overall portfolio volatility.