Quantasing Group Limited Stock Beneish M Score

QSG Stock   2.79  0.01  0.36%   
This module uses fundamental data of QuantaSing Group to approximate the value of its Beneish M Score. QuantaSing Group M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Check out QuantaSing Group Piotroski F Score and QuantaSing Group Altman Z Score analysis.
  
The current Short and Long Term Debt Total is estimated to decrease to about 52.8 M. The QuantaSing Group's current Net Debt is estimated to increase to about (678.2 M). At this time, QuantaSing Group's Free Cash Flow Yield is most likely to increase slightly in the upcoming years. The QuantaSing Group's current PB Ratio is estimated to increase to 1.32, while Days Sales Outstanding is projected to decrease to 14.87.
At this time, it appears that QuantaSing Group is an unlikely manipulator. The earnings manipulation may begin if QuantaSing Group's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by QuantaSing Group executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of QuantaSing Group's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-2.33
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

0.71

Focus
Asset Quality

1.16

Focus
Expense Coverage

1.63

Focus
Gross Margin Strengs

1.12

Focus
Accruals Factor

1.63

Focus
Depreciation Resistance

0.98

Focus
Net Sales Growth

0.83

Focus
Financial Leverage Condition

1.62

Focus

QuantaSing Group Beneish M-Score Indicator Trends

The cure to earnings manipulation is the transparency of financial reporting. It will typically remove the temptation of the top executives to inflate earnings (i.e., to promote the idea of 'winning at any cost'). Because a healthy internal audit department can enhance transparency, the board should promote the auditors' access to all the record-keeping systems across the enterprise. For example, if QuantaSing Group's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Receivables110.2 M185.5 M
Way Down
Very volatile
Total Revenue3.2 B3.8 B
Fairly Down
Slightly volatile
Total Assets985.4 M1.4 B
Way Down
Slightly volatile
Total Current Assets901.1 M1.3 B
Way Down
Slightly volatile
Non Current Assets Total84.2 M96.7 M
Fairly Down
Slightly volatile
Property Plant Equipment110.4 M105.1 M
Sufficiently Up
Slightly volatile
Depreciation And Amortization5.3 MM
Notably Up
Slightly volatile
Selling General Administrative170.4 M125.8 M
Significantly Up
Slightly volatile
Total Current Liabilities852.7 M869.6 M
Fairly Down
Slightly volatile
Non Current Liabilities Total38 M40 M
Notably Down
Pretty Stable
Short Term Debt31.3 M49.1 M
Way Down
Slightly volatile
Total Cash From Operating Activities239.4 M282.7 M
Fairly Down
Slightly volatile
Short Term Investments158.1 M246.2 M
Way Down
Slightly volatile
Gross Profit Margin0.960.855
Moderately Up
Very volatile

QuantaSing Group Beneish M-Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to detect the potential manipulation of earnings. Understanding the correlation between QuantaSing Group's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards QuantaSing Group in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find QuantaSing Group's degree of accounting gimmicks and manipulations.

About QuantaSing Group Beneish M Score

M-Score is one of many grading techniques for value stocks. It was developed by Professor M. Daniel Beneish of the Kelley School of Business at Indiana University and published in 1999 under the paper titled The Detection of Earnings Manipulation. The Beneish score is a multi-factor model that utilizes financial identifiers to compile eight variables used to classify whether a company has manipulated its reported earnings. The variables are built from the officially filed financial statements to create a final score call 'M Score.' The score helps to identify companies that are likely to manipulate their profits if they show deteriorating gross margins, operating expenses, and leverage against growing revenue.

Other Operating Expenses

3.24 Billion

At this time, QuantaSing Group's Other Operating Expenses is most likely to increase significantly in the upcoming years.

QuantaSing Group ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, QuantaSing Group's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to QuantaSing Group's managers, analysts, and investors.
Environmental
Governance
Social

About QuantaSing Group Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze QuantaSing Group Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of QuantaSing Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of QuantaSing Group Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

When determining whether QuantaSing Group is a strong investment it is important to analyze QuantaSing Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact QuantaSing Group's future performance. For an informed investment choice regarding QuantaSing Stock, refer to the following important reports:
Check out QuantaSing Group Piotroski F Score and QuantaSing Group Altman Z Score analysis.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of QuantaSing Group. If investors know QuantaSing will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about QuantaSing Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.965
Earnings Share
0.94
Revenue Per Share
69.007
Quarterly Revenue Growth
0.207
Return On Assets
0.1828
The market value of QuantaSing Group is measured differently than its book value, which is the value of QuantaSing that is recorded on the company's balance sheet. Investors also form their own opinion of QuantaSing Group's value that differs from its market value or its book value, called intrinsic value, which is QuantaSing Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because QuantaSing Group's market value can be influenced by many factors that don't directly affect QuantaSing Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between QuantaSing Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if QuantaSing Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QuantaSing Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.