Event-Driven Stocks

China Natural Gas, Inc.

Utilities · Natural Gas Transmisison & Distribution · DE · SEC filings ↗ · Compare ⊕

Signs● 5 good● 1 severedetails ↓

Financials

SEC XBRL · annual
 FY12FY11
Revenue$145.3M$124.2M
Operating income$19.8M$20.9M
Net income$11.2M$15.3M
Total assets$288.5M$277.0M
Total liabilities$84.3M$86.2M
Equity$204.2M$190.8M
EPS (diluted)$0.52$0.71
Shares out.21.5M21.5M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2012
Operating margin
13.6%
Net margin
7.7%
Return on equity
5.5%
Return on assets
3.9%
Return on capital (ROCE)
9.5%
Liabilities / assets
29.2%
Debt / equity
0.41×
Book value / share
$9.52
Revenue growth (YoY)
17.0%
Net income growth (YoY)
−26.6%

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 · FY2012
Accruals / assets
−6.4%clean
Beneish M-Score
-2.85normal
Piotroski F-Score
6/9mixed

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 Score
70
/ 100
Profitability 100Growth 50Catalyst 33Earnings quality 100Financial strength 67

Our 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● 5 good
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating margin is positive
  • Revenue is growing 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

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

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 ↗

Event-driven situations (1)