MeritValue

Yinfu Gold Corp.

ELREdata completeness 75%13 fiscal years on file

Data notes: no data for concept 'capex'; no data for concept 'investmentsAtFairValue'; no data for concept 'netInvestmentIncome'; no data for concept 'depreciationAmortization'; no data for concept 'gainsOnRealEstateSales'; no data for concept 'realEstateImpairment'; no data for concept 'dividendsPaid'

i. The business — what you’d actually own
FigureFY 2022FY 2023FY 2024FY 2025FY 2026
Revenue$01$58,3952$03$03$04
Net income−$473,2205−$371,0846−$65,4617$29,4448−$131,0628
Operating cash flow−$172,7719−$71,38210−$33,44211−$72,11412−$50,16012
Capital expenditure—————
Free cash flow (derived)—————
Total debt$013$24,74914$014——
Cash & equivalents$52515$89616$48817$44017$82217
Diluted shares2.0M122.0M122.0M122.0M122.0M

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).

ii. Your slice — ownership made literal
If you owned
shares
Net assets behind them
−$0.05
your share of equity
Profit it earned you last year
−$0.01
Free cash flow it threw off
—
Debt you’d be carrying
—

10 shares is a claim on −$0.05 of net worth that earned you −$0.01 last year.

iii. Is this a good business?
Moat signal · return on equity
— avg · 5y

Not enough data in the filings for a return-on-capital reading.

seeing a moat in the numbers →
Management signal · capital allocation
+6048% shares · 5y

Share count is up 6048% over 5 years — owners have been diluted. Worth asking what they got for it.

reading capital allocation →

Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.

iv. What it’s worth — engine v0.5.0
DCF · Growth Exit 10Y
not applicable
only 0 years of FCF (need ≥3) — model not applicable
DCF · Growth Exit 5Y
not applicable
only 0 years of FCF (need ≥3) — model not applicable
Earnings Power Value
not applicable
normalized (5y-median) earnings non-positive — EPV undefined
Graham Number
not applicable
diluted EPS missing or non-positive — Graham Number undefined

Different models answer different questions — which to trust when →

Sources — the receipts
  1. 10-K/A · period ending 2022-03-31 · accession 0001640334-23-001303 (Revenues)
  2. 10-K · period ending 2023-03-31 · accession 0001640334-24-001102 (Revenues)
  3. 10-K/A · period ending 2024-03-31 · accession 0001640334-26-000139 (RevenueFromContractWithCustomerIncludingAssessedTax)
  4. 10-K · period ending 2026-03-31 · accession 0001640334-26-001178 (Revenues)
  5. 10-K/A · period ending 2022-03-31 · accession 0001640334-23-001303 (NetIncomeLoss)
  6. 10-K · period ending 2023-03-31 · accession 0001640334-24-001102 (NetIncomeLoss)
  7. 10-K/A · period ending 2024-03-31 · accession 0001640334-26-000139 (NetIncomeLoss)
  8. 10-K · period ending 2025-03-31 · accession 0001640334-26-001178 (NetIncomeLoss)
  9. 10-K/A · period ending 2022-03-31 · accession 0001640334-23-001303 (NetCashProvidedByUsedInOperatingActivities)
  10. 10-K · period ending 2023-03-31 · accession 0001640334-24-001102 (NetCashProvidedByUsedInOperatingActivities)
  11. 10-K/A · period ending 2024-03-31 · accession 0001640334-26-000139 (NetCashProvidedByUsedInOperatingActivities)
  12. 10-K · period ending 2025-03-31 · accession 0001640334-26-001178 (NetCashProvidedByUsedInOperatingActivities)
  13. 10-K/A · period ending 2022-03-31 · accession 0001640334-23-001303 (ShortTermBorrowings)
  14. 10-K · period ending 2023-03-31 · accession 0001640334-24-001102 (ShortTermBorrowings)
  15. 10-K · period ending 2022-03-31 · accession 0001640334-22-001390 (CashAndCashEquivalentsAtCarryingValue)
  16. 10-K/A · period ending 2023-03-31 · accession 0001640334-26-000139 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)
  17. 10-K · period ending 2024-03-31 · accession 0001640334-26-001178 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)