PX1
ConstructionValuation Track Record
Retroactive intrinsic value vs actual close price — PX1
Earnings Quality
Fiscal year 2017
Financial Forensics
Beneish M-Score · 2017
PX1 exhibits several concerning indicators, particularly with a Beneish M-Score of -2.0724, suggesting a lower likelihood of earnings manipulation. However, the high GMI of 2.0996 and low earnings quality score of 53.3 indicate potential risks in revenue recognition and cash conversion.
- Beneish M-Score of -2.0724, indicating a lower likelihood of manipulation but still within a concerning range.
- Earnings Quality Score of 53.3/100, with a notably low eq_margin of 0.0/100, suggesting poor profitability management.
- High GMI of 2.0996, indicating a significant increase in gross margin which may not be sustainable.
- DSRI of 0.5220, indicating that accounts receivable are growing slower than sales, which is generally a positive sign.
- High eq_receivables score of 100.0/100, suggesting effective management of receivables.
The ownership structure is heavily concentrated, with CÔNG TY CỔ PHẦN VISSAI NINH BÌNH holding 98.5% and Công ty Cổ phần Xây dựng Dầu khí Nghệ An holding 96.3%. This concentration may lead to governance issues and reduced shareholder influence.
Investors should proceed with caution, closely monitoring PX1's earnings quality and cash conversion metrics. Consider diversifying investments to mitigate risks associated with high ownership concentration.
Generated by AI based on quantitative data. Not financial advice.