Datang Telecom Technology Stock Piotroski F Score

600198 Stock   9.17  0.10  1.08%   
This module uses fundamental data of Datang Telecom to approximate its Piotroski F score. Datang Telecom F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Datang Telecom Technology. 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 Datang Telecom financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Datang Telecom Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
  
The current year's Short Term Debt is expected to grow to about 1.9 B, whereas Long Term Debt is forecasted to decline to about 54.7 M.
At this time, it appears that Datang Telecom's Piotroski F Score is Inapplicable. 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..
2.0
Piotroski F Score - Inapplicable
Current Return On Assets

N/A

Focus
Change in Return on Assets

N/A

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

N/A

Focus
Current Ratio Change

N/A

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

N/A

Focus

Datang Telecom Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Datang Telecom is to make sure Datang is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Datang Telecom'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 Datang Telecom's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Debt308.5 M324.8 M
Notably Down
Slightly volatile
Total Current LiabilitiesB2.1 B
Notably Down
Slightly volatile
Non Current Liabilities Total140.2 M147.5 M
Notably Down
Slightly volatile
Total Assets2.7 B2.9 B
Notably Down
Slightly volatile
Total Current Assets3.1 BB
Way Up
Slightly volatile

Datang Telecom Technology 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 Datang Telecom's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Datang Telecom in a much-optimized way.

About Datang Telecom 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.

Long Term Debt

54.67 Million

At present, Datang Telecom's Long Term Debt is projected to decrease significantly based on the last few years of reporting.

About Datang Telecom Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Datang Telecom Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Datang Telecom using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Datang Telecom Technology 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Datang Stock

Datang Telecom financial ratios help investors to determine whether Datang Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Datang with respect to the benefits of owning Datang Telecom security.