KIWA BIO-TECH PRODUCTS GROUP CORP
Materials · Agricultural Chemicals · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | |
|---|---|---|---|---|---|---|
| Revenue | $40.1M | $30.7M | $17.3M | $9.6M | — | $0 |
| Operating income | −$1.2M | $2.6M | $1.8M | $872,726 | −$492,577 | −$527,558 |
| Net income | −$6.6M | $343,821 | $5.3M | $891,030 | −$677,358 | −$707,556 |
| Total assets | $24.1M | $32.5M | $20.0M | $6.1M | $50,981 | $24,615 |
| Total liabilities | $14.4M | $19.8M | $9.3M | $10.3M | $11.2M | $11.9M |
| Equity | $9.7M | $12.7M | $10.7M | −$4.2M | −$11.1M | −$11.8M |
| EPS (diluted) | $-0.29 | $0.02 | $0.43 | $0.09 | $-0.34 | — |
| Shares out. | 18.9M | 16.1M | 9.8M | 5.1M | 400.0M | 400.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2019- Operating margin
- −3.0%
- Net margin
- −16.6%
- Return on equity
- −68.5%
- Return on assets
- −27.6%
- Return on capital (ROCE)
- −12.1%
- Liabilities / assets
- 59.8%
- Debt / equity
- 1.49×
- Book value / share
- $0.51
- Revenue growth (YoY)
- 30.8%
- Net income growth (YoY)
- −2029.9%
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 · FY2019- Altman Z″ (distress)
- -0.15distress
- Accruals / assets
- −28.3%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.
Signs
● 2 severe● 2 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 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-Kmissed a reporting deadline ↗May 14, 2020
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2019
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2019
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2018
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2017
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2017
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 |
|---|---|---|---|---|
| Li Wei10% owner | Jun 15, 2016 | J | 1.0M | $0.00 |
| Wang YvonneOfficer — Chief Executive Officer | Apr 1, 2016 | J | 240,000 | $1.00 |
| Li Wei10% owner | Apr 1, 2016 | J | 3.0M | $1.00 |
| Luo Lian JunOfficer — Chief Financial Officer | Oct 10, 2006 | Grant | 0 | $0.00 |
| Wang JuhuaOfficer — Chief Operating Officer | May 18, 2006 | Buy | 100,000 | $0.15 |
| Lau Johnson Shun PongOfficer — Chief Operating Officer | Jul 26, 2005 | Buy | 67,000 | $0.01 |
| Coombs John Michael | Apr 16, 2004 | Sell | 1.1M | $0.05 |
| Christopulos George | Apr 16, 2004 | Sell | 509,391 | $0.18 |
| Coombs Jack R | Apr 16, 2004 | Sell | 392,595 | $0.09 |
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- Entered a material agreementOct 3, 2022
- Director / officer changeApr 26, 2021
- Changed auditorFeb 8, 2021
- Changed auditorJan 26, 2021
- Other material eventApr 30, 2020
- Entered a material agreementApr 28, 2020
- Other material eventMar 6, 2020
- Director / officer changeMar 6, 2020
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)
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