China Mining International (SGX:BHD) Beneish M-Score: 0.00 (As of Aug. 03, 2026)

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What is China Mining International Beneish M-Score?

China Mining International SGX:BHD Beneish M-Score is 0.00 as of Aug. 03, 2026. The stock has 3 warning signs investors should review. Among 1,854 Consumer Packaged Goods companies, China Mining International ranks worse than 53937.38% 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.

The historical rank and industry rank for China Mining International's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of China Mining International was 28.74. The lowest was -10.38. And the median was -2.16.

China Mining International Beneish M-Score Historical Data

* Premium members only.

The historical data trend for China Mining International'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.

China Mining International Beneish M-Score Chart

China Mining International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.46 0.00 0.00 0.00 0.00

China Mining International Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25 Mar26
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

SGX:BHD vs ADM, BG, TSN: Beneish M-Score Comparison

For the Farm Products subindustry, China Mining International'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.

China Mining International Beneish M-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Mining International's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where China Mining International's Beneish M-Score falls into.


China Mining International 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 China Mining International 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 * +0.528 * +0.404 * +0.892 * +0.115 *
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * +4.679 * -0.327 *
=

* 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 (Mar26) TTM:Last Year (Dec24) TTM:
Total Receivables was S$0.16 Mil.
Revenue was 0 + 0.009 + 0 + 0 = S$0.01 Mil.
Gross Profit was 0 + 0 + 0 + 0 = S$0.00 Mil.
Total Current Assets was S$0.57 Mil.
Total Assets was S$6.35 Mil.
Property, Plant and Equipment(Net PPE) was S$0.35 Mil.
Depreciation, Depletion and Amortization(DDA) was S$0.01 Mil.
Selling, General, & Admin. Expense(SGA) was S$0.30 Mil.
Total Current Liabilities was S$3.99 Mil.
Long-Term Debt & Capital Lease Obligation was S$0.49 Mil.
Net Income was 0 + -0.157 + -0.277 + 0 = S$-0.43 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = S$0.00 Mil.
Cash Flow from Operations was 0 + -0.172 + 0.01 + 0 = S$-0.16 Mil.
 Total Receivables was S$0.82 Mil.
Revenue was 0 + 0 + 0 + 0 = S$0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = S$0.00 Mil.
Total Current Assets was S$2.07 Mil.
Total Assets was S$8.60 Mil.
Property, Plant and Equipment(Net PPE) was S$1.10 Mil.
Depreciation, Depletion and Amortization(DDA) was S$0.75 Mil.
Selling, General, & Admin. Expense(SGA) was S$0.94 Mil.
Total Current Liabilities was S$7.11 Mil.
Long-Term Debt & Capital Lease Obligation was S$0.45 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)
=(0.162 / 0.009) / (0.815 / 0)
=18 /
=

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)
=(0 / 0) / (0 / 0.009)
= / 0
=

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 - (0.57 + 0.349) / 6.354) / (1 - (2.065 + 1.102) / 8.596)
=0.855367 / 0.631573
=

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
=0.009 / 0
=

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))
=(0.748 / (0.748 + 1.102)) / (0.014 / (0.014 + 0.349))
=0.404324 / 0.038567
=

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)
=(0.298 / 0.009) / (0.935 / 0)
=33.111111 /
=

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)
=((0.489 + 3.987) / 6.354) / ((0.447 + 7.106) / 8.596)
=0.704438 / 0.878664
=

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
=(-0.434 - 0 - -0.162) / 6.354
=-0.042808

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.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 0.00 mean?
China Mining International (SGX:BHD) has a Beneish M-Score of 0.00 as of Aug. 03, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on China Mining International and its competitors. According to the industry distribution chart, China Mining International ranks #999999 out of 1854 companies in the Consumer Packaged Goods industry.
Is China Mining International's Beneish M-Score too high?
China Mining International's current Beneish M-Score is 0.00. Based on the distribution chart, China Mining International ranks #999999 out of 1854 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers.
How does China Mining International's Beneish M-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, China Mining International ranks #999999 out of 1854 companies for Beneish M-Score. This places China Mining International 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 a Consumer Packaged Goods company?
A good Beneish M-Score depends on the Consumer Packaged Goods 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 China Mining International and its competitors. China Mining International's current Beneish M-Score is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Mining International stock overvalued right now?
China Mining International (SGX:BHD) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. 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 China Mining International (SGX:BHD), the current Beneish M-Score is 0.00 as of Aug. 03, 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.

China Mining International Business Description

Address Jinshui East Road, 18 Floor, Building C, Kailin Mansion, Henan Province, Zhengzhou City, CHN, 450000
China Mining International Ltd is engaged in its agricultural business. The Group is currently active in the agriculture and trading sectors. The company segment includes: Agriculture, which includes Plantation and cultivation of pomegranate, as well as trading, distributing, importing, and exporting agricultural products and agriculture-related products; and the Mining segment, which includes Investment in the mining business for capital gain or future dividend income.