Shengda Network Technology, Inc.
Technology · Services-Computer Programming Services · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|
| Revenue | $9.5M | $253,803 | $1,500 | $25 |
| Operating income | −$2.4M | −$57,134 | −$21,319 | — |
| Net income | −$2.7M | −$57,003 | −$21,319 | −$1,808 |
| Total assets | $9.2M | $4.3M | $17,202 | $9,166 |
| Total liabilities | $680,772 | $4.4M | $15,729 | $5,974 |
| Equity | $8.6M | −$96,376 | $1,473 | $3,192 |
| EPS (diluted) | — | — | — | — |
| Shares out. | 14.0M | 7.0M | 7.0M | 5.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2021- Operating margin
- −24.9%
- Net margin
- −28.6%
- Return on equity
- −31.8%
- Return on assets
- −29.4%
- Return on capital (ROCE)
- −27.6%
- Liabilities / assets
- 7.4%
- Debt / equity
- 0.08×
- Book value / share
- $0.61
- Revenue growth (YoY)
- 3638.8%
- 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 · FY2021- Altman Z″ (distress)
- 16.52safe
- Accruals / assets
- −1.7%clean
- Piotroski F-Score
- 4/9mixed
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.
Signs
● 1 severe● 3 warning● 4 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
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-Qmissed a reporting deadline ↗Nov 15, 2022
- NT 10-Kmissed a reporting deadline ↗Oct 3, 2022
- NT 10-Qmissed a reporting deadline ↗May 17, 2022
- NT 10-Qmissed a reporting deadline ↗Nov 16, 2021
- NT 10-Kmissed a reporting deadline ↗Oct 1, 2019
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- Prior financials not reliable (restatement)Oct 27, 2022
- Director / officer change · Amended charter or bylaws · Other material eventAug 15, 2022
- Changed auditorJul 29, 2022
- Entered a material agreementOct 16, 2020
- Changed auditorAug 28, 2020
- Amended charter or bylawsMay 14, 2020
- Entered a material agreement · Change in control · Director / officer changeMar 6, 2020
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.