Cang Bao Tian Xia International Art Trade Center, Inc.
Industrials · Wholesale-Motor Vehicles & Motor Vehicle Parts & Supplies · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY21 | FY20 | FY18 | |
|---|---|---|---|
| Revenue | $1.3M | $7.2M | — |
| Operating income | −$8.1M | −$1.9M | — |
| Net income | −$8.4M | −$2.0M | −$4.0M |
| Total assets | $20.4M | $9.2M | $5,000 |
| Total liabilities | $33.9M | $13.6M | — |
| Equity | −$13.5M | −$4.4M | −$14,096 |
| EPS (diluted) | — | — | — |
| Shares out. | 110.3M | 110.3M | 3.3M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2021- Operating margin
- −622.1%
- Net margin
- −647.9%
- Return on equity
- 62.8%
- Return on assets
- −41.3%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 165.8%
- Debt / equity
- —
- Book value / share
- $-0.12
- Revenue growth (YoY)
- −81.8%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2021- Altman Z″ (distress)
- -13.92distress
- Accruals / assets
- −33.5%clean
- Piotroski F-Score
- 2/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 severe● 5 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Sep 29, 2022
- NT 10-Qmissed a reporting deadline ↗Feb 14, 2022
- NT 10-Kmissed a reporting deadline ↗Sep 29, 2021
- NT 10-Qmissed a reporting deadline ↗May 13, 2021
- NT 10-Qmissed a reporting deadline ↗Feb 16, 2021
- NT 10-Kmissed a reporting deadline ↗Sep 30, 2020
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Tan LiangDirector | Jul 27, 2020 | Buy | 15.0M | — |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Changed auditorApr 7, 2021
- Entered a material agreement · Terminated a material agreement · Unregistered equity sale · Changed auditor · Change in control · Item 5.06Jul 27, 2020
- Entered a material agreement · Change in controlDec 28, 2018
- Modified shareholder rights · Other material eventJul 29, 2011
- Modified shareholder rights · Other material eventJul 27, 2011
- Completed an acquisition or dispositionJun 9, 2010
- Shareholder voteMay 25, 2010
- Director / officer changeMar 1, 2010
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- REVOKEDOct 4, 2024
- NT 10-KNOTIFICATION OF LATE FILINGSep 29, 2022
- 10-QQUARTERLY REPORTMay 16, 2022
- 10-QQUARTERLY REPORTFeb 22, 2022
- NT 10-QNOTIFICATION OF LATE FILINGFeb 14, 2022
- 10-QQUARTERLY REPORTNov 15, 2021
- 10-KANNUAL REPORTOct 13, 2021
- NT 10-KNOTIFICATION OF LATE FILINGSep 29, 2021
- 10-QQUARTERLY REPORTMay 20, 2021
- NT 10-QNOTIFICATION OF LATE FILINGMay 13, 2021
- 8-KCURRENT REPORTApr 7, 2021
- 10-QQUARTERLY REPORTFeb 22, 2021
- NT 10-QNOTIFICATION OF LATE FILINGFeb 16, 2021
- 10-QQUARTERLY REPORTNov 16, 2020
- 10-KANNUAL REPORTOct 13, 2020