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GRAN

Grande Group Ltd/HK
CIK 0002027722 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
18.5
composite ยท 3 signals ยท CLEAN

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 2026-03-31 ยท CLEAN0.0

Earnings quality

Beneish M-Score -4.04 โ€” no manipulation profile
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2026-07-31) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -4.036,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.14,
    "GMI": 1.663,
    "AQI": 3.561,
    "SGI": 0.417,
    "DEPI": 0.462,
    "SGAI": 5.021,
    "LVGI": 0.668,
    "TATA": -0.21
  },
  "defaulted_to_neutral": [],
  "sloan_accruals": -0.3095,
  "inputs": {
    "revenue_t": 1807643,
    "revenue_t1": 4338827,
    "total_assets_t": 13027856,
    "net_income_t": -3474675,
    "cfo_t": -734152
  },
  "stale": false,
  "latest_filing_period": "2026-03-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/2027722/000121390026084010/0001213900-26-084010-index.htm",
    "form": "20-F",
    "filed": "2026-07-31"
  }
}
P-05 ยท FY 2025-03-31 ยท CLEAN21.9

Tax arbitrage

ETR 15.4% โ€” within normal range of statutory
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2026-07-31) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2025-03-31": 0.1537,
    "2024-03-31": 0.1567
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2025-03-31": 0.0563,
    "2024-03-31": 0.0533
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2026-03-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/2027722/000121390026084010/0001213900-26-084010-index.htm",
    "form": "20-F",
    "filed": "2026-07-31"
  }
}
P-12 ยท FY 2026-03-31 ยท CLEAN18.3

Restatement predictor

F-Score 0.55 โ€” at or below the population base rate
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2026-07-31) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.549,
  "probability": 0.00203,
  "components": {
    "rsst": -0.3095,
    "drec": -0.1263,
    "dinv": null,
    "soft": 0.8809,
    "dcs": -0.3257,
    "droa": -0.6126,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2026-03-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/2027722/000121390026084010/0001213900-26-084010-index.htm",
    "form": "20-F",
    "filed": "2026-07-31"
  }
}