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CIK 1429360

Wowjoint Holdings Ltd
CIK 0001429360 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
79.7
composite ยท 4 signals ยท ELEVATED

Every card below shows the score and the exact filing data it was computed from โ€” no unexplained numbers. Some signals (P-02, P-03, P-08, P-09, P-10, P-11) pull live documents from SEC EDGAR the first time you view this company; a few of those (P-03, P-10, P-11) use AI to read the filing text, but every AI claim must quote the actual document verbatim or it's discarded โ€” never a guess.

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Signals

P-13 ยท FY 2013-12-31 ยท ELEVATED100.0

Zombie / distress

Interest coverage -2.68x below 1.0
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2014-06-18) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2013-12-31": -2.678,
    "2012-12-31": -14.723,
    "2011-12-31": 2.205,
    "2010-12-31": -10.631
  },
  "consecutive_years_below_1": 2,
  "altman_z_double_prime": -0.136,
  "definitions": {
    "zombie": "ICR<1 for 3+ consecutive FYs (BIS 2018)",
    "z_distress": "<1.1 distress, 1.1-2.6 gray, >2.6 safe"
  },
  "inputs": {
    "ebit_t": -1209784,
    "interest_expense_t": 451665
  },
  "stale": false,
  "latest_filing_period": "2013-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1429360/000121390014004291/0001213900-14-004291-index.htm",
    "form": "20-F",
    "filed": "2014-06-18"
  }
}
P-01 ยท FY 2013-12-31 ยท CLEAN32.9

Earnings quality

Beneish M-Score -2.35 โ€” no manipulation profile
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2014-06-18) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.348,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1.364,
    "GMI": 1,
    "AQI": 0.661,
    "SGI": 1.527,
    "DEPI": 1.119,
    "SGAI": 1,
    "LVGI": 1.177,
    "TATA": -0.105
  },
  "defaulted_to_neutral": [
    "GMI",
    "SGAI"
  ],
  "sloan_accruals": -0.1179,
  "inputs": {
    "revenue_t": 15247753,
    "revenue_t1": 9984724,
    "total_assets_t": 48836551,
    "net_income_t": -1331775,
    "cfo_t": 3806973
  },
  "stale": false,
  "latest_filing_period": "2013-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1429360/000121390014004291/0001213900-14-004291-index.htm",
    "form": "20-F",
    "filed": "2014-06-18"
  }
}
P-05 ยท FY 2011-12-31 ยท CLEAN0.0

Tax arbitrage

[FY2011 data, stale โ€” no more recent pretax-income figure in XBRL] ETR 100.7% โ€” within normal range of statutory
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2014-06-18) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2011-12-31": 1.0072
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2011-12-31": -0.7972
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": true,
  "latest_filing_period": "2013-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1429360/000121390014004291/0001213900-14-004291-index.htm",
    "form": "20-F",
    "filed": "2014-06-18"
  }
}
P-12 ยท FY 2013-12-31 ยท CLEAN14.5

Restatement predictor

F-Score 0.44 โ€” at or below the population base rate
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2014-06-18) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.435,
  "probability": 0.00161,
  "components": {
    "rsst": -0.1179,
    "drec": 0.1957,
    "dinv": -0.0316,
    "soft": 0.6228,
    "dcs": -0.3269,
    "droa": 0.0804,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2013-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1429360/000121390014004291/0001213900-14-004291-index.htm",
    "form": "20-F",
    "filed": "2014-06-18"
  }
}