BIRCH BRANCH INC

Operating margin

−4.5%

Net margin

−8.3%

Return on equity

−172.7%

Return on assets

−6.8%

Return on capital (ROCE)

−16.0%

Liabilities / assets

96.0%

Debt / equity

24.24×

Book value / share

$0.58

Revenue growth (YoY)

28.7%

Net income growth (YoY)

−554.3%

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.

Accruals / assets

−18.0%clean

Beneish M-Score

-1.74elevated

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.

• Entered a material agreement · Change in controlMar 20, 2013
• Director / officer changeDec 31, 2012
• Changed auditorMay 4, 2012
• Director / officer changeMar 7, 2011
• Director / officer changeNov 19, 2010
• Entered a material agreement · New financial obligationAug 23, 2010
• Director / officer changeAug 17, 2010
• Changed auditorAug 9, 2010

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.