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BIG TREE CLOUD HOLDINGS LIMITED
CIK 0001999297 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
91.2
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 2025-06-30 ยท TRIGGERED100.0

Earnings quality

Beneish M-Score 33.70 exceeds the -1.78 manipulation threshold
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2025-10-30) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": 33.695,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 52.176,
    "GMI": 2.077,
    "AQI": 0.943,
    "SGI": 0.349,
    "DEPI": 1.207,
    "SGAI": 1,
    "LVGI": 0.39,
    "TATA": -2.371
  },
  "defaulted_to_neutral": [
    "SGAI"
  ],
  "sloan_accruals": -2.6108,
  "inputs": {
    "revenue_t": 2557266,
    "revenue_t1": 7323356,
    "total_assets_t": 10982879,
    "net_income_t": -32530121,
    "cfo_t": -6486454
  },
  "stale": false,
  "latest_filing_period": "2025-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1999297/000121390025104178/0001213900-25-104178-index.htm",
    "form": "20-F",
    "filed": "2025-10-30"
  }
}
P-05 ยท FY 2024-06-30 ยท ELEVATED100.0

Tax arbitrage

ETR -8.7% vs 21% statutory โ€” gap persistent across 2 of 2 years
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2025-10-30) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2024-06-30": -0.0874,
    "2023-06-30": 0.0933
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2024-06-30": 0.2974,
    "2023-06-30": 0.1167
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2025-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1999297/000121390025104178/0001213900-25-104178-index.htm",
    "form": "20-F",
    "filed": "2025-10-30"
  }
}
P-13 ยท FY 2025-06-30 ยท ELEVATED90.0

Zombie / distress

Interest coverage -581.70x below 1.0
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2025-10-30) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2025-06-30": -581.703,
    "2024-06-30": null,
    "2023-06-30": null,
    "2022-06-30": null
  },
  "consecutive_years_below_1": 1,
  "altman_z_double_prime": -34.199,
  "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": -38213264,
    "interest_expense_t": 65692
  },
  "stale": false,
  "latest_filing_period": "2025-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1999297/000121390025104178/0001213900-25-104178-index.htm",
    "form": "20-F",
    "filed": "2025-10-30"
  }
}
P-12 ยท FY 2025-06-30 ยท CLEAN22.4

Restatement predictor

F-Score 0.67 โ€” at or below the population base rate
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2025-10-30) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.673,
  "probability": 0.00249,
  "components": {
    "rsst": -2.6108,
    "drec": 0.0824,
    "dinv": -0.0339,
    "soft": 0.5556,
    "dcs": -0.7631,
    "droa": -3.0333,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2025-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1999297/000121390025104178/0001213900-25-104178-index.htm",
    "form": "20-F",
    "filed": "2025-10-30"
  }
}