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BYAH

Park Ha Biological Technology Co., Ltd.
CIK 0001986247 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
64.3
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-13 ยท FY 2025-10-31 ยท ELEVATED90.0

Zombie / distress

Interest coverage -588997.59x below 1.0
trend: flat
Trend
Source: 20-F/A on SEC.gov (filed 2026-05-15) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2025-10-31": -588997.585,
    "2024-10-31": null,
    "2023-10-31": null,
    "2022-10-31": 1015.588
  },
  "consecutive_years_below_1": 1,
  "altman_z_double_prime": -34.371,
  "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": -24148901,
    "interest_expense_t": 41
  },
  "stale": false,
  "latest_filing_period": "2025-10-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1986247/000121390026057152/0001213900-26-057152-index.htm",
    "form": "20-F/A",
    "filed": "2026-05-15"
  }
}
P-01 ยท FY 2025-10-31 ยท CLEAN0.0

Earnings quality

Beneish M-Score -21.81 โ€” no manipulation profile
trend: flat
Trend
Source: 20-F/A on SEC.gov (filed 2026-05-15) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -21.808,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.729,
    "GMI": 0.973,
    "AQI": 1.122,
    "SGI": 1.06,
    "DEPI": 0.425,
    "SGAI": 1,
    "LVGI": 0.639,
    "TATA": -4.108
  },
  "defaulted_to_neutral": [
    "SGAI"
  ],
  "sloan_accruals": -5.4119,
  "inputs": {
    "revenue_t": 2524843,
    "revenue_t1": 2381851,
    "total_assets_t": 5952616,
    "net_income_t": -24364753,
    "cfo_t": 85852
  },
  "stale": false,
  "latest_filing_period": "2025-10-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1986247/000121390026057152/0001213900-26-057152-index.htm",
    "form": "20-F/A",
    "filed": "2026-05-15"
  }
}
P-05 ยท FY 2024-10-31 ยท CLEAN0.0

Tax arbitrage

ETR 39.7% โ€” within normal range of statutory
trend: flat
Trend
Source: 20-F/A on SEC.gov (filed 2026-05-15) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2024-10-31": 0.3968,
    "2023-10-31": 0.2789
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2024-10-31": -0.1868,
    "2023-10-31": -0.0689
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2025-10-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1986247/000121390026057152/0001213900-26-057152-index.htm",
    "form": "20-F/A",
    "filed": "2026-05-15"
  }
}
P-12 ยท FY 2025-10-31 ยท CLEAN13.0

Restatement predictor

F-Score 0.39 โ€” at or below the population base rate
trend: flat
Trend
Source: 20-F/A on SEC.gov (filed 2026-05-15) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.391,
  "probability": 0.00145,
  "components": {
    "rsst": -5.4119,
    "drec": -0.0166,
    "dinv": 0.0008,
    "soft": 0.3372,
    "dcs": 0.0915,
    "droa": -4.2483,
    "issue": 1
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2025-10-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1986247/000121390026057152/0001213900-26-057152-index.htm",
    "form": "20-F/A",
    "filed": "2026-05-15"
  }
}