Highpower International, Inc.
Technology · Miscellaneous Electrical Machinery, Equipment & Supplies · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | |
|---|---|---|---|---|---|---|
| Revenue | $293.9M | $244.2M | $173.9M | $146.2M | $147.1M | $132.8M |
| Operating income | $15.9M | $12.6M | $5.7M | $3.2M | $3.2M | $2.2M |
| Net income | $13.2M | $16.8M | $6.1M | $3.9M | $2.8M | $1.5M |
| Total assets | $288.1M | $220.3M | $163.3M | $134.2M | $146.2M | $151.8M |
| Total liabilities | $210.8M | $153.1M | $118.0M | $91.3M | $104.4M | $117.1M |
| Equity | $77.3M | $67.2M | $45.0M | $42.0M | $40.4M | $33.4M |
| EPS (diluted) | $0.84 | $1.09 | $0.40 | $0.25 | $0.18 | $0.11 |
| Shares out. | 15.5M | 15.1M | 15.1M | 15.1M | 14.0M | 13.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2018- Operating margin
- 5.4%
- Net margin
- 4.5%
- Return on equity
- 17.0%
- Return on assets
- 4.6%
- Return on capital (ROCE)
- 20.5%
- Liabilities / assets
- 73.2%
- Debt / equity
- 2.73×
- Book value / share
- $4.98
- Revenue growth (YoY)
- 20.4%
- Net income growth (YoY)
- −21.6%
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 · FY2018- Accruals / assets
- 2.0%clean
- Beneish M-Score
- -2.24normal
- Piotroski F-Score
- 3/9weak
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
● 1 severe● 1 warning● 5 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Operating margin is positive
- Strong return on equity (>15%)
- 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 ↗Apr 3, 2018
- NT 10-Kmissed a reporting deadline ↗Apr 2, 2013
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2012
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2011
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2011
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2009
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- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Other material eventOct 31, 2019
- Shareholder vote · Other material eventOct 30, 2019
- Other material eventOct 18, 2019
- Other material eventSep 30, 2019
- Results of operations · Regulation FD disclosureAug 13, 2019
- Entered a material agreement · Director / officer change · Amended charter or bylaws · Other material eventJun 28, 2019
- Results of operations · Regulation FD disclosureMay 13, 2019
- Other material eventApr 26, 2019
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 ↗- SC 13G/AFeb 13, 2020
- 15-12BNov 12, 2019
- EFFECTNov 5, 2019
- 4FORM 4 SUBMISSIONNov 1, 2019
- 4FORM 4 SUBMISSIONNov 1, 2019
- 4FORM 4 SUBMISSIONNov 1, 2019
- 4FORM 4 SUBMISSIONNov 1, 2019
- 4FORM 4 SUBMISSIONNov 1, 2019
- 4FORM 4 SUBMISSIONNov 1, 2019
- SC 13D/ANov 1, 2019
- 25-NSEOct 31, 2019
- POS AMOct 31, 2019
- S-8 POSOct 31, 2019
- SC 13E3/AOct 31, 2019
- S-8 POSOct 31, 2019
Event-driven situations (2)
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