CIK 1044577

China Precision Steel, Inc.

CIK 0001044577 · EDGAR ↗

cleanelevatedtriggeredno dataplanned

73.7

composite · 3 signals · ELEVATED

Every card below shows the score and the exact filing data it was computed from — no unexplained numbers. Some signals (P-02, P-03, P-08, P-09, P-10, P-11) pull live documents from SEC EDGAR the first time you view this company; a few of those (P-03, P-10, P-11) use AI to read the filing text, but every AI claim must quote the actual document verbatim or it's discarded — never a guess.

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Signals

P-13 · FY 2013-06-30 · ELEVATED100.0

Zombie / distress

Interest coverage -19.73x below 1.0

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2014-10-14) ↗

Evidence — inputs and thresholds

{
  "icr_by_year": {
    "2014-06-30": null,
    "2013-06-30": -19.728,
    "2012-06-30": -4.491,
    "2011-06-30": 1.3
  },
  "consecutive_years_below_1": 2,
  "altman_z_double_prime": -4.908,
  "definitions": {
    "zombie": "ICR<1 for 3+ consecutive FYs (BIS 2018)",
    "z_distress": "<1.1 distress, 1.1-2.6 gray, >2.6 safe"
  },
  "inputs": {
    "ebit_t": -70166791,
    "interest_expense_t": 3556711
  },
  "stale": false,
  "latest_filing_period": "2014-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1044577/000149315214003323/0001493152-14-003323-index.htm",
    "form": "10-K",
    "filed": "2014-10-14"
  }
}

P-01 · FY 2014-06-30 · CLEAN0.0

Earnings quality

Beneish M-Score -5.41 — no manipulation profile

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2014-10-14) ↗

Evidence — inputs and thresholds

{
  "m_score": -5.409,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.07,
    "GMI": 0.855,
    "AQI": 1.541,
    "SGI": 1.292,
    "DEPI": 0.846,
    "SGAI": 1,
    "LVGI": 1.453,
    "TATA": -0.494
  },
  "defaulted_to_neutral": [
    "SGAI"
  ],
  "sloan_accruals": -0.3887,
  "inputs": {
    "revenue_t": 47192107,
    "revenue_t1": 36527550,
    "total_assets_t": 77854614,
    "net_income_t": -37511395,
    "cfo_t": 926136
  },
  "stale": false,
  "latest_filing_period": "2014-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1044577/000149315214003323/0001493152-14-003323-index.htm",
    "form": "10-K",
    "filed": "2014-10-14"
  }
}

P-12 · FY 2014-06-30 · CLEAN2.4

Restatement predictor

F-Score 0.07 — at or below the population base rate

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2014-10-14) ↗

Evidence — inputs and thresholds

{
  "f_score": 0.071,
  "probability": 0.00026,
  "components": {
    "rsst": -0.3887,
    "drec": -0.2711,
    "dinv": -0.0555,
    "soft": 0.3086,
    "dcs": 1.026,
    "droa": 0.093,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2014-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1044577/000149315214003323/0001493152-14-003323-index.htm",
    "form": "10-K",
    "filed": "2014-10-14"
  }
}