RYET (Ruanyun Edai Technology) Beneish M-Score: -0.67 (As of Jul. 10, 2026)


RYET Ruanyun Edai Technology Inc RYET
12 GF Score
Price $1.07
! 4 Warning Signs
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What is Ruanyun Edai Technology Beneish M-Score?

Ruanyun Edai Technology RYET -0.93% 12 Beneish M-Score is -0.67 as of Jul. 10, 2026. GuruFocus rates RYET with a GF Score™ of 12/100. The stock has 4 warning signs investors should review. Among 240 Education companies, Ruanyun Edai Technology ranks worse than 94.58% on this metric.

The zones of discrimination for M-Score is as such:

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Warning Sign:

Beneish M-Score -0.67 higher than -1.78, which implies that the company might have manipulated its financial results.

The historical rank and industry rank for Ruanyun Edai Technology's Beneish M-Score or its related term are showing as below:

RYET' s Beneish M-Score Range Over the Past 10 Years
Min: -5.33   Med: -3.96   Max: -0.67
Current: -0.67

During the past 5 years, the highest Beneish M-Score of Ruanyun Edai Technology was -0.67. The lowest was -5.33. And the median was -3.96.


Ruanyun Edai Technology Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Ruanyun Edai Technology's Beneish M-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ruanyun Edai Technology Beneish M-Score Chart

Ruanyun Edai Technology Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Beneish M-Score
0.00 0.00 -5.33 -3.96 -0.67

Ruanyun Edai Technology Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Beneish M-Score Get a 7-Day Free Trial 0.00 -3.96 0.00 -0.67 0.00

RYET vs AACG, GNS, FEDU: Beneish M-Score Comparison

For the Education & Training Services subindustry, Ruanyun Edai Technology's Beneish M-Score, along with its competitors' market caps and Beneish M-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ruanyun Edai Technology Beneish M-Score vs Education Industry

For the Education industry and Consumer Defensive sector, Ruanyun Edai Technology's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Ruanyun Edai Technology's Beneish M-Score falls into.


RYET
12GF Score
Ruanyun Edai Technology Inc RYET
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Ruanyun Edai Technology Beneish M-Score Calculation

The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.

The M-Score Variables:

The M-score of Ruanyun Edai Technology for today is based on a combination of the following eight different indices:

M=-4.84+0.92 * DSRI+0.528 * GMI+0.404 * AQI+0.892 * SGI+0.115 * DEPI
=-4.84+0.92 * 2.2973+0.528 * 0.5655+0.404 * 1.1151+0.892 * 0.7303+0.115 * 1.4721
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.2042+4.679 * 0.22366-0.327 * 1.0922
=-0.67

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Mar25) TTM:Last Year (Mar24) TTM:
Total Receivables was $3.36 Mil.
Revenue was $6.69 Mil.
Gross Profit was $3.79 Mil.
Total Current Assets was $4.28 Mil.
Total Assets was $5.88 Mil.
Property, Plant and Equipment(Net PPE) was $0.46 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.24 Mil.
Selling, General, & Admin. Expense(SGA) was $3.35 Mil.
Total Current Liabilities was $6.38 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Net Income was $-0.40 Mil.
Gross Profit was $0.11 Mil.
Cash Flow from Operations was $-1.82 Mil.
Total Receivables was $2.00 Mil.
Revenue was $9.15 Mil.
Gross Profit was $2.94 Mil.
Total Current Assets was $3.91 Mil.
Total Assets was $5.22 Mil.
Property, Plant and Equipment(Net PPE) was $0.41 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.42 Mil.
Selling, General, & Admin. Expense(SGA) was $3.81 Mil.
Total Current Liabilities was $5.19 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.




1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI=(Receivables_t / Revenue_t) / (Receivables_t-1 / Revenue_t-1)
=(3.357 / 6.685) / (2.001 / 9.154)
=0.502169 / 0.218593
=2.2973

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI=GrossMargin_t-1 / GrossMargin_t
=(GrossProfit_t-1 / Revenue_t-1) / (GrossProfit_t / Revenue_t)
=(2.937 / 9.154) / (3.793 / 6.685)
=0.320843 / 0.56739
=0.5655

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI=(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t) / (1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
=(1 - (4.279 + 0.46) / 5.875) / (1 - (3.909 + 0.405) / 5.219)
=0.193362 / 0.173405
=1.1151

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.

SGI=Sales_t / Sales_t-1
=Revenue_t / Revenue_t-1
=6.685 / 9.154
=0.7303

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.

DEPI=(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1)) / (Depreciation_t / (Depreciaton_t + PPE_t))
=(0.415 / (0.415 + 0.405)) / (0.241 / (0.241 + 0.46))
=0.506098 / 0.343795
=1.4721

Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.

6. SGAI = Sales, General and Administrative expenses Index

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI=(SGA_t / Sales_t) / (SGA_t-1 /Sales_t-1)
=(3.348 / 6.685) / (3.807 / 9.154)
=0.500823 / 0.415884
=1.2042

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI=((LTD_t + CurrentLiabilities_t) / TotalAssets_t) / ((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
=((0 + 6.381) / 5.875) / ((0 + 5.19) / 5.219)
=1.086128 / 0.994443
=1.0922

8. TATA = Total Accruals to Total Assets

Total accruals calculated as the change in working capital accounts other than cash less depreciation.

TATA=(IncomefromContinuingOperations_t - CashFlowsfromOperations_t) / TotalAssets_t
=(NetIncome_t - NonOperatingIncome_t - CashFlowsfromOperations_t) / TotalAssets_t
=(-0.397 - 0.109 - -1.82) / 5.875
=0.22366

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Ruanyun Edai Technology has a M-score of -0.67 signals that the company is likely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of -0.67 mean?
Ruanyun Edai Technology (RYET) has a Beneish M-Score of -0.67 as of Jul. 10, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Ruanyun Edai Technology and its competitors. According to the industry distribution chart, Ruanyun Edai Technology ranks #227 out of 240 companies in the Education industry, placing it in the top 94.6%.
Is Ruanyun Edai Technology's Beneish M-Score too high?
Ruanyun Edai Technology's current Beneish M-Score is -0.67. Based on the distribution chart, Ruanyun Edai Technology ranks #227 out of 240 companies in the Education industry, which is in the bottom quartile relative to peers. Overall, Ruanyun Edai Technology has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Ruanyun Edai Technology's Beneish M-Score compare to AACG and GNS?
According to the Education industry distribution chart, Ruanyun Edai Technology ranks #227 out of 240 companies for Beneish M-Score. This places Ruanyun Edai Technology in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beneish M-Score for an Education company?
A good Beneish M-Score depends on the Education industry context. However, Beneish M-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beneish M-Score mean?
A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Ruanyun Edai Technology and its competitors. Ruanyun Edai Technology's current Beneish M-Score is -0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ruanyun Edai Technology stock overvalued right now?
Ruanyun Edai Technology (RYET) has a current Beneish M-Score of -0.67. The current Beneish M-Score is -0.67. Ruanyun Edai Technology's overall GF Score™ is 12/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beneish M-Score calculated?
Beneish M-Score is calculated from a company's financial statements. For Ruanyun Edai Technology (RYET), the current Beneish M-Score is -0.67 as of Jul. 10, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ruanyun Edai Technology Business Description

Address No. 698 Jing Dong Avenue, ZheJiang University HighTech Campus, Jiangxi, Nanchang, CHN, 330096
Ruanyun Edai Technology Inc is primarily engaged in providing online academic exercise question banks with A.I. capabilities, online classes and homework, and on-demand lectures and evaluations that cover all K-12 subject fields and grade levels.
12GF Score

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Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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