Niutech Environment Technology Stock Piotroski F Score

688309 Stock   14.30  0.14  0.99%   
This module uses fundamental data of Niutech Environment to approximate its Piotroski F score. Niutech Environment F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Niutech Environment 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 Niutech Environment 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 Niutech Environment 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 board of governors.
  
As of November 27, 2024, Long Term Debt is expected to decline to about 8.9 M. In addition to that, Short and Long Term Debt is expected to decline to about 8 M.
At this time, it appears that Niutech Environment'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..
3.0
Piotroski F Score - Inapplicable
Current Return On Assets

N/A

Focus
Change in Return on Assets

N/A

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

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

Niutech Environment Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Niutech Environment is to make sure Niutech is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Niutech Environment'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 Niutech Environment's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities99.2 M121.1 M
Significantly Down
Slightly volatile
Non Current Liabilities Total5.1 M5.6 M
Significantly Down
Slightly volatile
Total Assets630.9 M852.1 M
Way Down
Slightly volatile
Total Current Assets421.5 M484 M
Fairly Down
Slightly volatile

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

About Niutech Environment 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.

Total Assets

630.88 Million

At present, Niutech Environment's Total Assets are projected to increase significantly based on the last few years of reporting.

About Niutech Environment Fundamental Analysis

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

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Other Information on Investing in Niutech Stock

Niutech Environment financial ratios help investors to determine whether Niutech 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 Niutech with respect to the benefits of owning Niutech Environment security.