China Energy CORP

Operating margin

25.1%

Net margin

17.5%

Return on equity

32.9%

Return on assets

14.8%

Return on capital (ROCE)

39.7%

Liabilities / assets

55.1%

Debt / equity

1.23×

Book value / share

$1.86

Revenue growth (YoY)

79.1%

Net income growth (YoY)

57.1%

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.

Altman Z″ (distress)

4.09safe

Accruals / assets

15.6%high accruals

Beneish M-Score

-0.65elevated

Piotroski F-Score

2/9weak

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.

• Modified shareholder rightsJul 9, 2013
• Other material eventMay 6, 2013
• Other material eventFeb 21, 2013
• Prior financials not reliable (restatement)Oct 19, 2012
• Director / officer change · Amended charter or bylawsSep 26, 2012
• Director / officer changeJul 16, 2012
• Results of operationsMar 15, 2012
• Director / officer changeFeb 27, 2012

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.