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CIK 1753931

SHENGDA NETWORK TECHNOLOGY, INC.
CIK 0001753931 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
89.1
composite ยท 4 signals ยท TRIGGERED

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 2022-06-30 ยท TRIGGERED100.0

Earnings quality

Beneish M-Score 615.68 exceeds the -1.78 manipulation threshold
trend: flat
Trend
Source: 10-K/A on SEC.gov (filed 2022-11-04) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": 615.684,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 5.464,
    "GMI": 1.83,
    "AQI": 1509.592,
    "SGI": 0.417,
    "DEPI": 1,
    "SGAI": 1,
    "LVGI": 0.486,
    "TATA": 0.961
  },
  "defaulted_to_neutral": [
    "DEPI",
    "SGAI"
  ],
  "sloan_accruals": 1.1202,
  "inputs": {
    "revenue_t": 3957283,
    "revenue_t1": 9489187,
    "total_assets_t": 12886288,
    "net_income_t": 4323899,
    "cfo_t": -8066026
  },
  "stale": false,
  "latest_filing_period": "2022-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1753931/000149315222030682/0001493152-22-030682-index.htm",
    "form": "10-K/A",
    "filed": "2022-11-04"
  }
}
P-05 ยท FY 2022-06-30 ยท ELEVATED74.9

Tax arbitrage

ETR 4.8% vs 21% statutory โ€” gap persistent across 1 of 1 years
trend: flat
Trend
Source: 10-K/A on SEC.gov (filed 2022-11-04) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2022-06-30": 0.0477
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2022-06-30": 0.1623
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2022-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1753931/000149315222030682/0001493152-22-030682-index.htm",
    "form": "10-K/A",
    "filed": "2022-11-04"
  }
}
P-12 ยท FY 2022-06-30 ยท ELEVATED36.0

Restatement predictor

F-Score 1.08 โ€” misstatement risk 1.1x the base rate
trend: flat
Trend
Source: 10-K/A on SEC.gov (filed 2022-11-04) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 1.081,
  "probability": 0.004,
  "components": {
    "rsst": 1.1202,
    "drec": 0.1112,
    "dinv": 0.0089,
    "soft": 0.9645,
    "dcs": -0.7126,
    "droa": 0.6297,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2022-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1753931/000149315222030682/0001493152-22-030682-index.htm",
    "form": "10-K/A",
    "filed": "2022-11-04"
  }
}
P-13 ยท FY 2022-06-30 ยท ELEVATED80.0

Zombie / distress

Interest coverage -1332.05x below 1.0
trend: flat
Trend
Source: 10-K/A on SEC.gov (filed 2022-11-04) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2022-06-30": -1332.05,
    "2021-06-30": -20701.149,
    "2020-06-30": null,
    "2019-06-30": null
  },
  "consecutive_years_below_1": 2,
  "altman_z_double_prime": 31.904,
  "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": -79923,
    "interest_expense_t": 60
  },
  "stale": false,
  "latest_filing_period": "2022-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1753931/000149315222030682/0001493152-22-030682-index.htm",
    "form": "10-K/A",
    "filed": "2022-11-04"
  }
}