CIK 1417961

VANCEINFO TECHNOLOGIES INC.

CIK 0001417961 · EDGAR ↗

cleanelevatedtriggeredno dataplanned

67.1

composite · 4 signals · TRIGGERED

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 2011-12-31 · TRIGGERED54.3

Earnings quality

Beneish M-Score -1.69 exceeds the -1.78 manipulation threshold

trend: flat

Trend

Source: 20-F/A on SEC.gov (filed 2012-05-21) ↗

Evidence — inputs and thresholds

{
  "m_score": -1.692,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1.102,
    "GMI": 1.094,
    "AQI": 1.512,
    "SGI": 1.342,
    "DEPI": 1,
    "SGAI": 1.175,
    "LVGI": 1.219,
    "TATA": 0.05
  },
  "defaulted_to_neutral": [
    "DEPI"
  ],
  "sloan_accruals": 0.0524,
  "inputs": {
    "revenue_t": 290583000,
    "revenue_t1": 216492000,
    "total_assets_t": 385896000,
    "net_income_t": 22193000,
    "cfo_t": 2877000
  },
  "stale": false,
  "latest_filing_period": "2011-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1417961/000119312512241197/0001193125-12-241197-index.htm",
    "form": "20-F/A",
    "filed": "2012-05-21"
  }
}

P-05 · FY 2011-12-31 · TRIGGERED85.6

Tax arbitrage

ETR 4.6% vs 21% statutory — gap persistent across 3 of 3 years

trend: flat

Trend

Source: 20-F/A on SEC.gov (filed 2012-05-21) ↗

Evidence — inputs and thresholds

{
  "etr_by_year": {
    "2011-12-31": 0.0461,
    "2010-12-31": 0.0781,
    "2009-12-31": 0.0888
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2011-12-31": 0.1639,
    "2010-12-31": 0.1319,
    "2009-12-31": 0.1212
  },
  "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/1417961/000119312512241197/0001193125-12-241197-index.htm",
    "form": "20-F/A",
    "filed": "2012-05-21"
  }
}

P-12 · FY 2011-12-31 · CLEAN17.8

Restatement predictor

F-Score 0.54 — at or below the population base rate

trend: flat

Trend

Source: 20-F/A on SEC.gov (filed 2012-05-21) ↗

Evidence — inputs and thresholds

{
  "f_score": 0.535,
  "probability": 0.00198,
  "components": {
    "rsst": 0.0524,
    "drec": 0.1111,
    "dinv": null,
    "soft": 0.656,
    "dcs": 0.1531,
    "droa": -0.0274,
    "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/1417961/000119312512241197/0001193125-12-241197-index.htm",
    "form": "20-F/A",
    "filed": "2012-05-21"
  }
}

P-13 · FY 2011-12-31 · CLEAN0.0

Zombie / distress

Interest coverage 172.42x — servicing debt from operations

trend: flat

Trend

Source: 20-F/A on SEC.gov (filed 2012-05-21) ↗

Evidence — inputs and thresholds

{
  "icr_by_year": {
    "2011-12-31": 172.421,
    "2010-12-31": 374.953,
    "2009-12-31": 266.012,
    "2008-12-31": 213.116
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 8.195,
  "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": 20863000,
    "interest_expense_t": 121000
  },
  "stale": false,
  "latest_filing_period": "2011-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1417961/000119312512241197/0001193125-12-241197-index.htm",
    "form": "20-F/A",
    "filed": "2012-05-21"
  }
}