Hongli Clean Energy Technologies Corp.
Materials · Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) · FL · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | |
|---|---|---|---|---|---|---|
| Revenue | $19.0M | $45.6M | $50.3M | $66.7M | $78.9M | $74.3M |
| Operating income | −$98.5M | −$3.1M | $6.7M | $5.1M | $12.0M | $23.5M |
| Net income | −$89.9M | −$3.5M | $990,582 | $1.0M | $12.5M | $39.9M |
| Total assets | $38.5M | $193.6M | $195.9M | $201.3M | $204.9M | $189.9M |
| Total liabilities | $5.8M | $58.4M | $61.6M | $68.5M | $75.4M | $71.2M |
| Equity | $32.7M | $130.9M | $130.0M | $128.5M | $125.2M | $110.0M |
| EPS (diluted) | — | — | — | — | $0.59 | $1.90 |
| Shares out. | 2.4M | 24.0M | 24.0M | 21.1M | 21.1M | 21.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2016- Operating margin
- −519.7%
- Net margin
- −474.3%
- Return on equity
- −274.6%
- Return on assets
- −233.6%
- Return on capital (ROCE)
- −300.5%
- Liabilities / assets
- 14.9%
- Debt / equity
- 0.18×
- Book value / share
- $13.66
- Revenue growth (YoY)
- −58.4%
- 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 · FY2016- Altman Z″ (distress)
- -10.57distress
- Accruals / assets
- −250.7%clean
- Piotroski F-Score
- 5/9mixed
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. What these scores mean →
Signs
● 2 severe● 3 warning● 3 good- 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
- Conservative leverage (liabilities < 50% of assets)
- 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-Kmissed a reporting deadline ↗Sep 29, 2016
- NT 10-Qmissed a reporting deadline ↗May 17, 2016
- NT 10-Kmissed a reporting deadline ↗Sep 29, 2015
- NT 10-Qmissed a reporting deadline ↗May 15, 2014
- NT 10-Qmissed a reporting deadline ↗Feb 14, 2014
- NT 10-Qmissed a reporting deadline ↗Feb 15, 2011
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- Delisting / listing-standard noticeJul 26, 2017
- Changed auditorApr 21, 2017
- Delisting / listing-standard notice · Regulation FD disclosureApr 13, 2017
- Other material eventFeb 13, 2017
- Other material eventNov 23, 2016
- Amended charter or bylaws · Other material eventOct 27, 2016
- Delisting / listing-standard noticeOct 18, 2016
- Other material eventOct 11, 2016
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 ↗- REVOKEDNov 25, 2020
- 25-NSEOct 6, 2017
- 8-KFORM 8-KJul 26, 2017
- 10-KJul 19, 2017
- 8-K/AApr 26, 2017
- 8-KFORM 8-KApr 21, 2017
- 8-KApr 13, 2017
- 8-KFORM 8-KFeb 13, 2017
- 8-KFORM 8-KNov 23, 2016
- 8-KFORM 8-KOct 27, 2016
- 8-KFORM 8-KOct 18, 2016
- 8-KFORM 8-KOct 11, 2016
- NT 10-KSep 29, 2016
- 8-KFORM 8-KSep 29, 2016
- DEF 14CSep 27, 2016
Event-driven situations (1)
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