Event-Driven Stocks

NEOPHOTONICS CORP

Technology · Semiconductors & Related Devices · SEC filings ↗ · Compare ⊕

Signs2 good4 warning2 severedetails ↓

Financials

SEC XBRL · annual
 FY21FY20FY19FY18FY17FY16
Revenue$60.9M$97.4M$356.8M$322.5M$292.9M$411.4M
Operating income−$37.8M$3.6M−$14.5M−$41.7M−$51.4M$3.0M
Net income−$10.7M$6.3M−$17.1M−$43.6M−$53.3M−$205,000
Total assets$305.6M$323.7M$334.7M$340.6M$403.0M$390.9M
Total liabilities$152.6M$143.3M$174.5M$180.3M$208.5M$165.5M
Equity$153.0M$180.4M$160.2M$160.2M$194.5M$225.4M
EPS (diluted)$-0.21$0.12$-0.36$-0.97$-1.23$0.00
Shares out.50.8M48.6M46.4M44.3M42.6M41.1M

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

Key ratios

from filings · FY2021
Operating margin
−62.1%
Net margin
−17.5%
Return on equity
−7.0%
Return on assets
−3.5%
Return on capital (ROCE)
−19.0%
Liabilities / assets
49.9%
Debt / equity
1.00×
Book value / share
$3.01
Revenue growth (YoY)
−37.4%
Net income growth (YoY)
−269.5%

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)
-2.02distress
Accruals / assets
3.2%clean
Piotroski F-Score
0/9weak

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 Score
28
/ 100
Profitability 0Growth 0Catalyst 33Earnings quality 33Financial strength 75

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

2 severe4 warning2 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
  • Negative operating cash flow
  • Conservative leverage (liabilities < 50% of assets)
  • 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)

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