CIK 1208790

CHINA ENERGY RECOVERY, INC.

CIK 0001208790 · EDGAR ↗

cleanelevatedtriggeredno dataplanned

34.1

composite · 4 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-01 · FY 2012-12-31 · ELEVATED44.4

Earnings quality

Beneish M-Score -1.95 in the elevated zone

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2013-04-18) ↗

Evidence — inputs and thresholds

{
  "m_score": -1.947,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.775,
    "GMI": 0.899,
    "AQI": 3.29,
    "SGI": 1.016,
    "DEPI": 0.964,
    "SGAI": 1.295,
    "LVGI": 0.981,
    "TATA": -0.021
  },
  "defaulted_to_neutral": [],
  "sloan_accruals": -0.0195,
  "inputs": {
    "revenue_t": 92461713,
    "revenue_t1": 90987247,
    "total_assets_t": 84098535,
    "net_income_t": 97293,
    "cfo_t": 1848537
  },
  "stale": false,
  "latest_filing_period": "2012-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1208790/000114420413022653/0001144204-13-022653-index.htm",
    "form": "10-K",
    "filed": "2013-04-18"
  }
}

P-13 · FY 2012-12-31 · ELEVATED20.0

Zombie / distress

Altman Z'' -2.47 in the distress zone

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2013-04-18) ↗

Evidence — inputs and thresholds

{
  "icr_by_year": {
    "2012-12-31": 24.609,
    "2011-12-31": 69.733,
    "2010-12-31": null
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": -2.467,
  "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": 1825797,
    "interest_expense_t": 74191
  },
  "stale": false,
  "latest_filing_period": "2012-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1208790/000114420413022653/0001144204-13-022653-index.htm",
    "form": "10-K",
    "filed": "2013-04-18"
  }
}

P-05 · FY 2012-12-31 · CLEAN0.0

Tax arbitrage

ETR 92.7% — within normal range of statutory

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2013-04-18) ↗

Evidence — inputs and thresholds

{
  "etr_by_year": {
    "2012-12-31": 0.9272,
    "2011-12-31": 0.2707
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2012-12-31": -0.7172,
    "2011-12-31": -0.0607
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2012-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1208790/000114420413022653/0001144204-13-022653-index.htm",
    "form": "10-K",
    "filed": "2013-04-18"
  }
}

P-12 · FY 2012-12-31 · CLEAN10.3

Restatement predictor

F-Score 0.31 — at or below the population base rate

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2013-04-18) ↗

Evidence — inputs and thresholds

{
  "f_score": 0.31,
  "probability": 0.00115,
  "components": {
    "rsst": -0.0195,
    "drec": -0.0491,
    "dinv": -0.0695,
    "soft": 0.6647,
    "dcs": 0.0645,
    "droa": -0.0198,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2012-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1208790/000114420413022653/0001144204-13-022653-index.htm",
    "form": "10-K",
    "filed": "2013-04-18"
  }
}