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QDMI

QDM International Inc.
CIK 0001094032 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
77.2
composite ยท 3 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 2026-03-31 ยท TRIGGERED100.0

Earnings quality

Beneish M-Score 0.39 exceeds the -1.78 manipulation threshold
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-06-29) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": 0.386,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.664,
    "GMI": 1.629,
    "AQI": 0.36,
    "SGI": 2.562,
    "DEPI": 0.577,
    "SGAI": 1,
    "LVGI": 0.355,
    "TATA": 0.33
  },
  "defaulted_to_neutral": [
    "SGAI"
  ],
  "sloan_accruals": 0.4093,
  "inputs": {
    "revenue_t": 21475746,
    "revenue_t1": 8381274,
    "total_assets_t": 17443441,
    "net_income_t": 7533321,
    "cfo_t": 1771285
  },
  "stale": false,
  "latest_filing_period": "2026-03-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1094032/000121390026073119/0001213900-26-073119-index.htm",
    "form": "10-K",
    "filed": "2026-06-29"
  }
}
P-05 ยท FY 2026-03-31 ยท CLEAN12.6

Tax arbitrage

ETR 18.7% โ€” within normal range of statutory
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-06-29) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2026-03-31": 0.1866,
    "2025-03-31": 0.1838,
    "2024-03-31": 0.1649
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2026-03-31": 0.0234,
    "2025-03-31": 0.0262,
    "2024-03-31": 0.0451
  },
  "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/1094032/000121390026073119/0001213900-26-073119-index.htm",
    "form": "10-K",
    "filed": "2026-06-29"
  }
}
P-12 ยท FY 2026-03-31 ยท CLEAN16.7

Restatement predictor

F-Score 0.50 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-06-29) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.501,
  "probability": 0.00185,
  "components": {
    "rsst": 0.4093,
    "drec": 0.0849,
    "dinv": null,
    "soft": 0.4078,
    "dcs": 1.4198,
    "droa": -0.0185,
    "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/1094032/000121390026073119/0001213900-26-073119-index.htm",
    "form": "10-K",
    "filed": "2026-06-29"
  }
}