ASIAFIN HOLDINGS CORP.
ASFHOTCIndustrials · Services-Business Services, NEC · NV · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $5.1M | $3.4M | $3.1M | — | $38,000 | $18,000 |
| Operating income | $39,667 | −$42,977 | $115,289 | −$108,203 | — | — |
| Net income | −$85,333 | −$143,577 | $19,214 | −$112,202 | −$377,505 | −$74,773 |
| Total assets | $4.8M | $4.2M | $3.8M | $877,690 | $981,930 | $533,480 |
| Total liabilities | $2.2M | $2.0M | $1.5M | $21,162 | $13,200 | $24,953 |
| Equity | $2.6M | $2.1M | $2.3M | $856,528 | $508,935 | $508,527 |
| EPS (diluted) | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — |
| Shares out. | 81.6M | 81.6M | 81.6M | 73.3M | 73.3M | 72.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 0.8%
- Net margin
- −1.7%
- Return on equity
- −3.3%
- Return on assets
- −1.8%
- Return on capital (ROCE)
- 1.3%
- Liabilities / assets
- 46.0%
- Debt / equity
- 0.85×
- Book value / share
- $0.03
- Revenue growth (YoY)
- 51.6%
- 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 · FY2025- Altman Z″ (distress)
- -1.75distress
- Accruals / assets
- −12.4%clean
- Beneish M-Score
- -2.90normal
- Piotroski F-Score
- 8/9strong
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
● 2 severe● 1 warning● 5 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- Operating margin is positive
- 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- NT 10-Kmissed a reporting deadline ↗Apr 1, 2026
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2023
- NT 10-Qmissed a reporting deadline ↗May 15, 2023
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| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Wong Kai CheongOfficer — CEO | Feb 23, 2023 | Grant | 4.7M | $5171021.90 |
| Hoo Swee Ping10% owner | Feb 23, 2023 | Grant | 3.3M | $3641955.90 |
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.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 40 | 1.0 | -95.8% |
| Apr 30, 2026 | 963 | 1.0 | +2307.5% |
| Apr 15, 2026 | 40 | 1.0 | +100.0% |
| Jun 13, 2025 | 33 | 1.0 | +100.0% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operationsMay 19, 2026
- Results of operationsApr 3, 2026
- Results of operationsNov 17, 2025
- Director / officer changeOct 3, 2025
- Results of operationsAug 14, 2025
- Director / officer change · Regulation FD disclosureAug 7, 2025
- Results of operationsJun 3, 2025
- Results of operationsMar 26, 2025
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 ↗- 8-KCURRENT REPORTMay 19, 2026
- 10-QQUARTERLY REPORTMay 13, 2026
- S-1/AAMENDMENT NO. 3 TO FORM S-1Apr 28, 2026
- 8-KApr 3, 2026
- 10-KApr 1, 2026
- NT 10-KApr 1, 2026
- S-1/ANov 28, 2025
- S-1/ANov 25, 2025
- 8-KNov 17, 2025
- 10-QNov 13, 2025
- 8-KOct 3, 2025
- 5Aug 21, 2025
- 8-KAug 14, 2025
- 10-QAug 13, 2025
- 8-KAug 7, 2025
Event-driven situations (1)
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