FORLINK SOFTWARE CORP INC
Technology · Services-Prepackaged Software · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY12 | FY11 | FY10 | |
|---|---|---|---|
| Revenue | $2.9M | $3.4M | $5.0M |
| Operating income | −$1.9M | −$5.0M | −$431,443 |
| Net income | −$1.9M | −$4.9M | −$330,428 |
| Total assets | $4.2M | $5.0M | $10.1M |
| Total liabilities | — | — | — |
| Equity | −$26,630 | $2.1M | $6.9M |
| EPS (diluted) | — | — | — |
| Shares out. | 4.7M | 4.7M | 4.7M |
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
- −65.1%
- Net margin
- −66.5%
- Return on equity
- 7318.4%
- Return on assets
- −46.5%
- Return on capital (ROCE)
- —
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $-0.01
- Revenue growth (YoY)
- −14.0%
- 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
- −22.7%clean
- Piotroski F-Score
- 5/8mixed
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 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● 4 warning● 2 good- Negative shareholder equity
- 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
- Negative operating cash flow
- Strong return on equity (>15%)
- 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-Qmissed a reporting deadline ↗May 16, 2013
- NT 10-Kmissed a reporting deadline ↗Apr 2, 2013
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2005
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2001
- NT 10-Kmissed a reporting deadline ↗Apr 2, 2001
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2000
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- Other material eventAug 14, 2013
- Director / officer changeApr 22, 2011
- Changed auditorJan 23, 2008
- Modified shareholder rights · Amended charter or bylawsJan 18, 2007
- Director / officer changeNov 29, 2006
- Entered a material agreement · Completed an acquisition or disposition · Unregistered equity saleOct 10, 2006
- Prior financials not reliable (restatement)Mar 2, 2006
- Item 5 · Item 7May 22, 2003
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 ↗- UPLOADAug 22, 2013
- 15-12GAug 14, 2013
- SC 13E3/AAug 14, 2013
- 8-KAug 14, 2013
- DEF 14CJul 25, 2013
- SC 13E3/AJul 25, 2013
- CORRESPJul 22, 2013
- CORRESPJul 22, 2013
- SC 13D/AAMENDMENT NO. 1Jul 19, 2013
- UPLOADJul 19, 2013
- CORRESPJul 3, 2013
- PRER14CJul 3, 2013
- SC 13E3/AJul 3, 2013
- UPLOADJun 20, 2013
- PRE 14CFORM PRE 14CMay 24, 2013
Event-driven situations (1)
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