MeritValue

Sky Century Investment, Inc.

SKYIdata completeness 88%4 fiscal years on file

Data notes: no data for concept 'totalDebt'; 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 2013FY 2014FY 2024FY 2025
Revenue——$51,8001$76,3381
Net income−$17,5012−$23,2692−$72,9203−$117,2253
Operating cash flow−$14,8464−$20,8194−$5015$46,4815
Capital expenditure——$06$52,6006
Free cash flow (derived)——−$5015−$6,1195
Total debt————
Cash & equivalents$1547—$08$4778
Diluted shares6.0M110.0M220.6M222.6M

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
−$0.01
your share of equity
Profit it earned you last year
−$0.01
Free cash flow it threw off
−$0
Debt you’d be carrying
—

10 shares is a claim on −$0.01 of net worth that earned you −$0.01 and generated −$0 of cash last year.

iii. Is this a good business?
Moat signal · return on equity
— avg · 4y

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

seeing a moat in the numbers →
Management signal · capital allocation
+3611% shares · 4y

Share count is up 3611% over 4 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 2 years of FCF (need ≥3) — model not applicable
DCF · Growth Exit 5Y
not applicable
only 2 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 · period ending 2024-08-31 · accession 0001555017-25-000006 (Revenues)
  2. 10-K · period ending 2013-05-31 · accession 0001494733-14-000027 (NetIncomeLoss)
  3. 10-K · period ending 2024-08-31 · accession 0001555017-25-000006 (NetIncomeLoss)
  4. 10-K · period ending 2013-05-31 · accession 0001494733-14-000027 (NetCashProvidedByUsedInOperatingActivities)
  5. 10-K · period ending 2024-08-31 · accession 0001555017-25-000006 (NetCashProvidedByUsedInOperatingActivities)
  6. 10-K · period ending 2024-08-31 · accession 0001555017-25-000006 (PaymentsToAcquireProductiveAssets)
  7. 10-K · period ending 2013-05-31 · accession 0001555017-13-000005 (CashAndCashEquivalentsAtCarryingValue)
  8. 10-K · period ending 2024-08-31 · accession 0001555017-25-000006 (CashAndCashEquivalentsAtCarryingValue)