Event-Driven Stocks

Titanium Asset Management Corp

Financials · Investment Advice · DE · SEC filings ↗ · Compare ⊕

Signs● 4 good● 2 warning● 1 severedetails ↓

Financials

SEC XBRL · annual
 FY12FY11FY10
Revenue$23.8M$21.9M$23.6M
Operating income−$6.7M−$18.6M−$14.9M
Net income−$6.1M−$18.3M−$13.6M
Total assets$37.6M$43.7M$67.1M
Total liabilities$2.4M$2.4M$7.6M
Equity$35.2M$41.3M$59.5M
EPS (diluted)$-0.30$-0.88$-0.66
Shares out.20.6M20.6M20.4M

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

Key ratios

from filings · FY2012
Operating margin
−28.2%
Net margin
−25.6%
Return on equity
−17.3%
Return on assets
−16.2%
Return on capital (ROCE)
—
Liabilities / assets
6.4%
Debt / equity
0.07×
Book value / share
$1.71
Revenue growth (YoY)
9.0%
Net income growth (YoY)
—

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 · FY2012
Accruals / assets
−21.1%clean
Piotroski F-Score
6/8mixed

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
73
/ 100
Profitability 0Growth 100Catalyst 67Earnings quality 100Financial strength 100

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

● 1 severe● 2 warning● 4 good
  • 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
  • Conservative leverage (liabilities < 50% of assets)
  • 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

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
1 acquisitions1 disposals1 open-market buy(s)net +55,000 shares · last 2
InsiderDateTypeSharesPrice
Sidler Norman EDirectorOct 21, 2013D45,000$0.00
Clal Finance Ltd.10% ownerDec 8, 2010Buy100,000$1.10

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

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)