HeartCore Enterprises, Inc. HTCR
HeartCore Enterprises, Inc. (HTCR) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the distress zone. It pays a dividend (safety: moderate). FY2025 revenue was $9.0M at a 64.6% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: 2.08 — elevated (above the −1.78 line — aggressive-accounting signals worth a closer look) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
How it ranks in Services · percentile among 982 companies
Percentile vs other Services companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | 0.236 |
| Retained earnings / assets | -1.053 |
| EBIT / assets | -0.239 |
| Equity / liabilities | 1.519 |
Sector peers · similar-size Services companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| HTCR | HeartCore Enterprises, Inc. | 4/9 | -1.89 | 0.8 | -70.5% |
| ONFO | Onfolio Holdings, Inc | 4/9 | -9.76 | — | — |
| DTCX | Datacentrex, Inc. | 4/9 | — | — | — |
| NXTT | Next Technology Holding Inc. | 4/9 | 13.41 | 0.6 | — |
| BHIC | BioScience Health Innovations, Inc. | 4/9 | — | — | — |
| TCGLF | TechCreate Group Ltd. | 3/9 | 18.16 | — | — |
| GLE | Global Engine Group Holding Ltd | 2/9 | 8.35 | — | -94.1% |
About HeartCore Enterprises, Inc.
HeartCore Enterprises, Inc. provides initial public offerings (IPO) consulting services in Japan, the United States, and internationally. It offers Go IPO consulting services, including assisting with introductions to law firms, underwriters, and auditing firms; providing process mining and task mining licenses for internal audit and internal control; assisting in the preparation of documentation for internal controls required for an initial public offering and simultaneous listing on the Nasdaq Stock Market, the New York Stock Exchange, or the NYSE American; providing support services to remove problematic accounting accounts upon listing support; translation of requested documents into English; attending and leading meetings of management and employees; support services related to the Nasdaq, the New York Stock Exchange, or the NYSE American listing; converting accounting data from Japanese standards to accounting principles generally accepted in the U.S.; assisting in the preparation of S-1 or F-1 filings; creating English web page; and preparing an investor presentation/deck and executive summary of the operations. HeartCore Enterprises, Inc. was founded in 2009 and is headquartered in Shibuya, Japan.
FAQ
Is HTCR financially healthy?
HeartCore Enterprises, Inc.'s Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does HTCR pay a dividend, and is it safe?
Yes. HeartCore Enterprises, Inc. pays a dividend with a 57.0% payout ratio, rated “moderate” for safety.
How profitable is HTCR?
In FY2025, HeartCore Enterprises, Inc. had a net margin of 64.6% and a return on equity of 66.0%.
What is HTCR's P/E ratio?
HeartCore Enterprises, Inc.'s trailing price-to-earnings (P/E) ratio is about 0.8×, based on its latest annual earnings.
Is HTCR a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on HeartCore Enterprises, Inc.: a Piotroski F-score of 4/9, an Altman Z″ in the distress zone, a P/E of about 0.8×. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.