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CIK 1470157

SHANDA GAMES LTD
CIK 0001470157 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
34.3
composite ยท 3 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 2014-12-31 ยท ELEVATED39.2

Earnings quality

Beneish M-Score -2.13 in the elevated zone
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2015-04-17) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.129,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1.4,
    "GMI": 1,
    "AQI": 0.876,
    "SGI": 0.835,
    "DEPI": 0.857,
    "SGAI": 1,
    "LVGI": 0.398,
    "TATA": 0
  },
  "defaulted_to_neutral": [
    "GMI",
    "SGAI",
    "TATA"
  ],
  "sloan_accruals": null,
  "inputs": {
    "revenue_t": 599131000,
    "revenue_t1": 717699000,
    "total_assets_t": 587863000,
    "net_income_t": null,
    "cfo_t": 151463000
  },
  "stale": false,
  "latest_filing_period": "2014-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1470157/000114420415023547/0001144204-15-023547-index.htm",
    "form": "20-F",
    "filed": "2015-04-17"
  }
}
P-05 ยท FY 2011-12-31 ยท CLEAN0.0

Tax arbitrage

[FY2011 data, stale โ€” no more recent pretax-income figure in XBRL] ETR 27.2% โ€” within normal range of statutory
trend: flat
Trend
Source: 20-F/A on SEC.gov (filed 2013-04-08) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2011-12-31": 0.2724
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2011-12-31": -0.0624
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": true,
  "latest_filing_period": "2014-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1470157/000114420413020573/0001144204-13-020573-index.htm",
    "form": "20-F/A",
    "filed": "2013-04-08"
  }
}
P-12 ยท FY 2014-12-31 ยท CLEAN14.5

Restatement predictor

F-Score 0.43 โ€” at or below the population base rate
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2015-04-17) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.434,
  "probability": 0.0016,
  "components": {
    "rsst": null,
    "drec": 0.0075,
    "dinv": null,
    "soft": 0.7428,
    "dcs": -0.1727,
    "droa": null,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2014-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1470157/000114420415023547/0001144204-15-023547-index.htm",
    "form": "20-F",
    "filed": "2015-04-17"
  }
}