China Precision Steel, Inc.
Materials · Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) · CO · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY14 | FY13 | FY12 | FY11 | |
|---|---|---|---|---|
| Revenue | $47.2M | $36.5M | $143.0M | $42.2M |
| Operating income | −$45.6M | −$70.2M | −$13.9M | — |
| Net income | −$37.5M | −$68.9M | −$3.3M | −$1.1M |
| Total assets | $77.9M | $119.9M | $185.5M | — |
| Total liabilities | — | — | — | — |
| Equity | $14.6M | $52.9M | $118.9M | $133.5M |
| EPS (diluted) | $-9.67 | $-17.76 | $-0.85 | $-0.28 |
| Shares out. | 3.9M | 3.9M | 3.9M | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2014- Operating margin
- −96.7%
- Net margin
- −79.5%
- Return on equity
- −256.1%
- Return on assets
- −48.2%
- Return on capital (ROCE)
- −311.5%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $3.73
- Revenue growth (YoY)
- 29.2%
- 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 · FY2014- Accruals / assets
- −49.4%clean
- Piotroski F-Score
- 5/8mixed
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
● 1 severe● 2 warning● 3 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue is growing year-over-year
- Positive operating cash flow
- 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-Qmissed a reporting deadline ↗Nov 17, 2014
- NT 10-Kmissed a reporting deadline ↗Sep 30, 2014
- NT 10-Qmissed a reporting deadline ↗Feb 14, 2014
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2013
- NT 10-K/Amissed a reporting deadline ↗Oct 3, 2013
- NT 10-Qmissed a reporting deadline ↗Feb 15, 2013
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.
Material events
SEC Form 8-K · most recent- Director / officer changeAug 31, 2015
- Changed auditorJun 22, 2015
- Costs from exit or disposal · Material impairment · Director / officer changeJun 10, 2015
- Delisting / listing-standard noticeMay 22, 2014
- Results of operationsMay 16, 2014
- Results of operationsNov 20, 2013
- Director / officer changeNov 7, 2013
- Changed auditorNov 4, 2013
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 ↗- REVOKEDMay 17, 2018
- 8-KAug 31, 2015
- 8-KJun 22, 2015
- 8-KJun 10, 2015
- UPLOADApr 2, 2015
- CORRESPApr 2, 2015
- UPLOADMar 26, 2015
- CORRESPMar 25, 2015
- UPLOADMar 9, 2015
- SC 13GFeb 18, 2015
- 10-QFeb 13, 2015
- UPLOADFeb 9, 2015
- 10-QQUARTERLY REPORTNov 19, 2014
- NT 10-QNOTIFICATION OF LATE FILINGNov 17, 2014
- 10-KANNUAL REPORTOct 14, 2014
Event-driven situations (1)
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