China XD Plastics Co Ltd
Other · Plastics Foam Products · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|---|---|
| Revenue | $144.8M | $301.5M | $310.5M | $237.8M | $215.0M | $999.2M |
| Operating income | −$102.0M | $69.4M | $112.0M | $158.2M | $167.7M | $135.0M |
| Net income | −$11.0M | $11.0M | $19.1M | $9.9M | $11.4M | $83.7M |
| Total assets | $2.92B | $2.64B | $2.75B | $2.54B | $2.13B | $1.75B |
| Total liabilities | $2.16B | $1.80B | $1.91B | $1.73B | $1.39B | $1.08B |
| Equity | $717.2M | $836.4M | $748.9M | $712.8M | $634.3M | $578.0M |
| EPS (diluted) | $-0.16 | $0.16 | $0.29 | $0.15 | $0.17 | — |
| Shares out. | 66.9M | 50.9M | 49.7M | 49.5M | 49.4M | 49.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2020- Operating margin
- −70.5%
- Net margin
- −7.6%
- Return on equity
- −1.5%
- Return on assets
- −0.4%
- Return on capital (ROCE)
- −6.0%
- Liabilities / assets
- 73.8%
- Debt / equity
- 3.01×
- Book value / share
- $10.71
- Revenue growth (YoY)
- −52.0%
- Net income growth (YoY)
- −200.0%
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 · FY2020- Altman Z″ (distress)
- 0.97distress
- Accruals / assets
- −0.3%clean
- 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.
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● 5 warning● 1 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
- High leverage (liabilities > 70% of assets)
- Negative 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 ↗Mar 31, 2021
- NT 10-Kmissed a reporting deadline ↗May 12, 2020
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2019
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2010
- NT 10-Kmissed a reporting deadline ↗Mar 27, 2008
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2007
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- Director / officer changeMay 4, 2022
- Director / officer changeDec 15, 2021
- Delisting / listing-standard noticeOct 28, 2021
- Changed auditorSep 17, 2021
- Delisting / listing-standard noticeSep 10, 2021
- Director / officer changeSep 10, 2021
- Delisting / listing-standard noticeSep 2, 2021
- Delisting / listing-standard noticeJul 1, 2021
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 (2)
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