The Investment Scientist

The complete list of Chinese ADRs (with Piotroski ranking)

Posted on: April 22, 2009

The following link contains the complete list of Chinese ADRs with fundamental scores calculated based on Piotroski’s methodology.  Chinese ADRs listed in OTC markets not having financial statements  are omitted. For more information about Piotroski’s methodology please read his research paper – “Value Investing: The Use of Historical Finanical Statement Information to Separate Winners from Losers.”

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2 Responses to "The complete list of Chinese ADRs (with Piotroski ranking)"

Why isn’t Chinacast Education Corp (Cast) on your list are other chinese companies missing?

Good question. I actually bought the stock last year. I don’t know why I missed it. I left out many OTC Chinese ADRs, but CAST was not in OTC. As of today, the Piotroski fundamental score for CAST is 3.

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Michael Zhuang is principal of MZ Capital, a fee-only independent advisory firm based in Washington, DC.


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