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CIK 1491487

TAKUNG ART CO., LTD
CIK 0001491487 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
86.4
composite ยท 3 signals ยท TRIGGERED

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-01 ยท FY 2022-12-31 ยท TRIGGERED100.0

Earnings quality

Beneish M-Score 19.74 exceeds the -1.78 manipulation threshold
trend: flat
Trend
Source: 10-K/A on SEC.gov (filed 2023-05-24) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": 19.737,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.025,
    "GMI": 1,
    "AQI": 0.001,
    "SGI": 28.363,
    "DEPI": 0.082,
    "SGAI": 1,
    "LVGI": 0.297,
    "TATA": -0.217
  },
  "defaulted_to_neutral": [
    "GMI",
    "SGAI"
  ],
  "sloan_accruals": -0.3635,
  "inputs": {
    "revenue_t": 3403536,
    "revenue_t1": 120000,
    "total_assets_t": 67751063,
    "net_income_t": -10353512,
    "cfo_t": 4079307
  },
  "stale": false,
  "latest_filing_period": "2022-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1491487/000121390023042697/0001213900-23-042697-index.htm",
    "form": "10-K/A",
    "filed": "2023-05-24"
  }
}
P-13 ยท FY 2020-12-31 ยท ELEVATED80.0

Zombie / distress

[FY2020 data, stale โ€” no more recent EBIT figure in XBRL] Interest coverage -4.82x below 1.0
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2021-03-31) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2022-12-31": null,
    "2021-12-31": null,
    "2020-12-31": -4.821,
    "2019-12-31": -63.548
  },
  "consecutive_years_below_1": 2,
  "altman_z_double_prime": 1.322,
  "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": -787738,
    "interest_expense_t": 163401
  },
  "stale": true,
  "latest_filing_period": "2022-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1491487/000110465921044731/0001104659-21-044731-index.htm",
    "form": "10-K",
    "filed": "2021-03-31"
  }
}
P-12 ยท FY 2022-12-31 ยท CLEAN32.2

Restatement predictor

F-Score 0.96 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K/A on SEC.gov (filed 2023-05-24) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.965,
  "probability": 0.00357,
  "components": {
    "rsst": -0.3635,
    "drec": -0.0008,
    "dinv": null,
    "soft": 0.0436,
    "dcs": 27.6425,
    "droa": 2.4278,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2022-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1491487/000121390023042697/0001213900-23-042697-index.htm",
    "form": "10-K/A",
    "filed": "2023-05-24"
  }
}