MeritValue

SUIC Worldwide Holdings Ltd.

SUICdata completeness 88%16 fiscal years on file
i. The business — what you’d actually own
FigureFY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$379,0001$221,0002$150,0002$03$18,4823
Net income$12,0244−$2,4195−$552,7536−$234,2117−$119,6447
Operating cash flow−$168,1428−$13,7789−$76,94210−$174,24511−$46,62011
Capital expenditure—————
Free cash flow (derived)—————
Total debt$172,73412$172,73413$107,73414$97,90015$114,35515
Cash & equivalents$29,85016$16,07217$7,60018$38,49518$8,56019
Diluted shares320.5M290.4M283.6M290.4M290.4M

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
−$0.03
your share of equity
Profit it earned you last year
−$0
Free cash flow it threw off
—
Debt you’d be carrying
$0

10 shares is a claim on −$0.03 of net worth that earned you −$0 last year, against $0 of debt.

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
−9% shares · 5y

Share count is down 9% over 5 years — management has been buying back stock, quietly handing owners a bigger slice. Total debt has fallen 34% — deleveraging.

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 v0.1.0
DCF · Growth Exit 10Y
not applicable
only 1 years of FCF (need ≥3) — model not applicable
DCF · Growth Exit 5Y
not applicable
only 1 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 2021-12-31 · accession 0001554795-23-000317 (Revenues)
  2. 10-K · period ending 2022-12-31 · accession 0001554795-24-000105 (Revenues)
  3. 10-K · period ending 2024-12-31 · accession 0001477932-26-001715 (Revenues)
  4. 10-K/A · period ending 2021-12-31 · accession 0001554795-23-000317 (NetIncomeLoss)
  5. 10-K · period ending 2022-12-31 · accession 0001554795-24-000105 (NetIncomeLoss)
  6. 10-K · period ending 2023-12-31 · accession 0001554795-25-000172 (NetIncomeLoss)
  7. 10-K · period ending 2024-12-31 · accession 0001477932-26-001715 (NetIncomeLoss)
  8. 10-K/A · period ending 2021-12-31 · accession 0001554795-23-000317 (NetCashProvidedByUsedInOperatingActivities)
  9. 10-K · period ending 2022-12-31 · accession 0001554795-24-000105 (NetCashProvidedByUsedInOperatingActivities)
  10. 10-K · period ending 2023-12-31 · accession 0001554795-25-000172 (NetCashProvidedByUsedInOperatingActivities)
  11. 10-K · period ending 2024-12-31 · accession 0001477932-26-001715 (NetCashProvidedByUsedInOperatingActivities)
  12. 10-K/A · period ending 2021-12-31 · accession 0001554795-23-000317 (ShortTermBorrowings)
  13. 10-K · period ending 2022-12-31 · accession 0001554795-24-000105 (ShortTermBorrowings)
  14. 10-K · period ending 2023-12-31 · accession 0001554795-25-000172 (ShortTermBorrowings)
  15. 10-K · period ending 2024-12-31 · accession 0001477932-26-001715 (ShortTermBorrowings)
  16. 10-K/A · period ending 2021-12-31 · accession 0001554795-23-000317 (CashAndCashEquivalentsAtCarryingValue)
  17. 10-K · period ending 2022-12-31 · accession 0001554795-24-000105 (CashAndCashEquivalentsAtCarryingValue)
  18. 10-K · period ending 2023-12-31 · accession 0001554795-25-000172 (CashAndCashEquivalentsAtCarryingValue)
  19. 10-K · period ending 2025-12-31 · accession 0001477932-26-001715 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)