Meridian
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LSE · CIK 0001985139 · FY2025 live · 2025-09-30

Leishen Energy Holding Co., Ltd.

SafeSEC 10-KClassic ZIndustrials82nd percentile in Industrials · 430 names

View as

Model

Classic Z

FY2025

3.15

Zone

Safe

Prior

Market DD

1y PD

3.15

Z″ 7.03

−21.83.08+

Score 3.15 · distress below 1.80, grey to 2.99, safe at 3.00 and above.

Classic Z factor contributions

  • X1 Working capital / assets

    Short-term liquidity versus the size of the balance sheet.

    0.52
    1.2 × = 0.62
  • X2 Retained earnings / assets

    Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.

    0.55
    1.4 × = 0.77
  • X3 EBIT / assets

    Operating return on assets. Highest weight in the original model.

    −0.02
    3.3 × = −0.08
  • X4 Book equity / liabilities

    Book equity versus the liability stack. Mega-caps often look greyer here than they would if X4 used market cap.

    1.90
    0.6 × = 1.14
  • X5 Sales / assets

    Asset turnover — how much revenue the asset base supports.

    0.70
    1 × = 0.70

Five-year path

Need two annual 10-Ks to draw a path. The desk will pull this issuer’s filings.

Meridian Rank

75.82

0–100 · Classic Z family

  • Book standing

    81

  • Year change

  • Market PD

  • O-score

    62

Events on this name

Same published rows as Today.

  • Approaching grey

    low · 33

    • Live score: — → 3.15
    • Cut: — → 1.80

Overview

rule-v1

Leishen Energy Holding Co., Ltd. is on classic Z at 3.15 (safe) for FY2025, from an SEC 10-K. Book equity / liabilities is the line that sets the print; retained earnings / assets is the runner-up. This is the first live year on the desk. No market tape loaded. Classic Z was fit on manufacturers. Buybacks can send retained earnings negative at otherwise healthy issuers. X4 is book equity.

Book screen Safe; market PD —. Market PD has not been priced on this name.

Market DD · naive Merton

No market tape yet.

Pull a year of closes (Yahoo, Nasdaq if Yahoo is limited) and size equity from Nasdaq cap or EDGAR shares. Distance-to-default and 1-year PD stay blank until then.

Sector peers

Closest Classic Z scores · 82nd percentile in Industrials.

Filing line items

Current assets

$59M

Total assets

$69M

Current liabilities

$23M

Total liabilities

$24M

Working capital

$36M

Retained earnings

$38M

EBIT

−$2M

Total sales

$48M

Book equity

$45M

Accession 0001493152-26-004368. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-09-30). Classic Z is the live score. View as is a display overlay. X4 is book equity. Pulled 13 Sept 2026.