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FCHL

Fitness Champs Holdings Limited
CIK 0002023796 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
78.0
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-05 ยท FY 2024-12-31 ยท ELEVATED97.2

Tax arbitrage

ETR -0.8% vs 21% statutory โ€” gap persistent across 1 of 1 years
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2025-05-14) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2024-12-31": -0.008
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2024-12-31": 0.218
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/2023796/000164117225010189/0001641172-25-010189-index.htm",
    "form": "20-F",
    "filed": "2025-05-14"
  }
}
P-13 ยท FY 2025-12-31 ยท ELEVATED90.0

Zombie / distress

Interest coverage -81.93x below 1.0
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2026-05-15) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2025-12-31": -81.929,
    "2024-12-31": 2.125
  },
  "consecutive_years_below_1": 1,
  "altman_z_double_prime": -3.61,
  "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": -1147000,
    "interest_expense_t": 14000
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/2023796/000149315226023516/0001493152-26-023516-index.htm",
    "form": "20-F",
    "filed": "2026-05-15"
  }
}
P-01 ยท FY 2025-12-31 ยท CLEAN0.0

Earnings quality

Beneish M-Score -5.70 โ€” no manipulation profile
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2026-05-15) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -5.705,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1,
    "GMI": 1.32,
    "AQI": 0.679,
    "SGI": 1.047,
    "DEPI": 0.979,
    "SGAI": 1,
    "LVGI": 0.695,
    "TATA": -0.727
  },
  "defaulted_to_neutral": [
    "DSRI",
    "SGAI"
  ],
  "sloan_accruals": -0.7933,
  "inputs": {
    "revenue_t": 3232000,
    "revenue_t1": 3086000,
    "total_assets_t": 2076000,
    "net_income_t": -1063000,
    "cfo_t": 447000
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/2023796/000149315226023516/0001493152-26-023516-index.htm",
    "form": "20-F",
    "filed": "2026-05-15"
  }
}
P-12 ยท FY 2025-12-31 ยท CLEAN9.7

Restatement predictor

F-Score 0.29 โ€” at or below the population base rate
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2026-05-15) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.291,
  "probability": 0.00108,
  "components": {
    "rsst": -0.7933,
    "drec": null,
    "dinv": null,
    "soft": 0.0525,
    "dcs": 0.0473,
    "droa": -0.5848,
    "issue": 1
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/2023796/000149315226023516/0001493152-26-023516-index.htm",
    "form": "20-F",
    "filed": "2026-05-15"
  }
}