Event-Driven Stocks

Pingtan Marine Enterprise Ltd.

Materials · Fishing, Hunting and Trapping · E9 · SEC filings ↗ · Compare ⊕

Signs● 1 good● 6 warning● 2 severedetails ↓

Financials

SEC XBRL · annual
 FY20FY19FY18FY17FY16FY15
Revenue$87.2M$89.6M$64.3M$63.2M$20.5M$60.7M
Operating income−$68.5M$13.2M$15.9M$33.3M−$13.4M$24.0M
Net income−$72.9M$5.7M$13.4M$29.7M−$13.7M$18.4M
Total assets$463.5M$404.1M$247.0M$201.1M$226.5M$231.9M
Total liabilities$378.5M$249.1M$95.4M$53.6M$86.8M$65.0M
Equity$69.7M$135.7M$132.7M$129.4M$125.0M$150.5M
EPS (diluted)——————
Shares out.79.1M79.1M79.1M79.1M79.1M79.1M

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

Key ratios

from filings · FY2020
Operating margin
−78.5%
Net margin
−83.5%
Return on equity
−104.5%
Return on assets
−15.7%
Return on capital (ROCE)
−20.7%
Liabilities / assets
81.7%
Debt / equity
5.43×
Book value / share
$0.88
Revenue growth (YoY)
−2.7%
Net income growth (YoY)
−1382.6%

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 · FY2020
Altman Z″ (distress)
-1.20distress
Accruals / assets
−8.7%clean
Beneish M-Score
-0.68elevated
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 Score
25
/ 100
Profitability 0Growth 0Catalyst 33Earnings quality 67Financial strength 25

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 severe● 6 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
  • Beneish M-Score elevated — earnings-manipulation screen flag
  • 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)