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CIK 1335106

CHINA SHENGHUO PHARMACEUTICAL HOLDINGS INC
CIK 0001335106 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
79.0
composite ยท 4 signals ยท ELEVATED

Every card below shows the score and the exact filing data it was computed from โ€” 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 โ€” never a guess.

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Signals

P-01 ยท FY 2011-12-31 ยท ELEVATED44.7

Earnings quality

Beneish M-Score -1.97 in the elevated zone
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2012-03-30) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -1.975,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1.161,
    "GMI": 1.068,
    "AQI": 0.861,
    "SGI": 1.351,
    "DEPI": 0.634,
    "SGAI": 1,
    "LVGI": 0.948,
    "TATA": 0.019
  },
  "defaulted_to_neutral": [
    "SGAI"
  ],
  "sloan_accruals": 0.0216,
  "inputs": {
    "revenue_t": 44158182,
    "revenue_t1": 32697195,
    "total_assets_t": 58309234,
    "net_income_t": 149680,
    "cfo_t": -970409
  },
  "stale": false,
  "latest_filing_period": "2011-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1335106/000114420412018552/0001144204-12-018552-index.htm",
    "form": "10-K",
    "filed": "2012-03-30"
  }
}
P-05 ยท FY 2011-12-31 ยท ELEVATED100.0

Tax arbitrage

ETR -9.8% vs 21% statutory โ€” gap persistent across 2 of 2 years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2012-03-30) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2011-12-31": -0.0981,
    "2010-12-31": 0.0764
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2011-12-31": 0.3081,
    "2010-12-31": 0.1336
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2011-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1335106/000114420412018552/0001144204-12-018552-index.htm",
    "form": "10-K",
    "filed": "2012-03-30"
  }
}
P-13 ยท FY 2011-12-31 ยท ELEVATED31.5

Zombie / distress

Interest coverage 0.94x below 1.0
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2012-03-30) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2011-12-31": 0.941,
    "2010-12-31": 1.767
  },
  "consecutive_years_below_1": 1,
  "altman_z_double_prime": -2.381,
  "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": 1613699,
    "interest_expense_t": 1714887
  },
  "stale": false,
  "latest_filing_period": "2011-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1335106/000114420412018552/0001144204-12-018552-index.htm",
    "form": "10-K",
    "filed": "2012-03-30"
  }
}
P-12 ยท FY 2011-12-31 ยท CLEAN14.2

Restatement predictor

F-Score 0.43 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2012-03-30) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.427,
  "probability": 0.00158,
  "components": {
    "rsst": 0.0216,
    "drec": 0.1263,
    "dinv": 0.0019,
    "soft": 0.5349,
    "dcs": 0.1503,
    "droa": -0.0243,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2011-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1335106/000114420412018552/0001144204-12-018552-index.htm",
    "form": "10-K",
    "filed": "2012-03-30"
  }
}