SINCERITY APPLIED MAT (SINC) Financials

SINC

FY2021 annual

Revenue $63K -87.0% YoY

Net Income -$61K -171.7% YoY

Free Cash Flow $36K -84.9% YoY

Operating Cash Flow $36K -84.9% YoY

Market Cap $198K as of Oct 9, 2026

Price / Sales 3.1x on $63K revenue, FY2021

Price / Earnings n/m net loss, so no earnings multiple, FY2021

Price / Book 0.3x on $752K equity, Q2 FY2022

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2022, ended Jun 30, 2022 Reported Aug 15, 2022 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2022, filed Aug 15, 2022. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SINC SEC filings page.

SINCERITY APPLIED MAT (SINC) reported $63K in revenue for fiscal year 2021, down 87.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SINC FY2021 2026-10-03

The reported business is now very small relative to its asset base, while liabilities leave a thin equity cushion and cash generation is not tied to investment.

Revenue fell from $482.6K in FY2020 to $63.0K in FY2021, while assets remained $713.1K. That makes the company asset-heavy relative to current operating volume, suggesting the balance sheet is carrying substantially more scale than the latest business activity supports.

FY2021 operating cash flow was positive at $35.7K despite a net loss of $61.3K. Free cash flow matched operating cash flow because capital expenditures were zero, so the cash result appears driven by noncash or working-capital effects rather than reinvestment-funded expansion.

The operating result reversed from a 15.4% margin in FY2020 to a -138.6% margin in FY2021, showing that the smaller revenue base could not absorb operating costs. Although the company had no long-term debt, its 0.8x current ratio means current assets did not fully cover current liabilities, leaving limited short-term flexibility.

Financial Health Signals

Financial health score not available

SINCERITY APPLIED MAT does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Altman Z-Score Distress

-7.23

SINCERITY APPLIED MAT scores -7.23, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($198K) relative to total liabilities ($662K). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

4/9

SINCERITY APPLIED MAT passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Mixed

N/A

SINCERITY APPLIED MAT reported a net loss of $61K while generating $36K in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

SINCERITY APPLIED MAT reported an operating loss of $87K against $6K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue

$2K

YoY-89.5%

QoQ-88.7%

SINCERITY APPLIED MAT generated $2K in revenue in Q2 2022. This represents a decrease of 89.5% from the same quarter a year earlier. Against the prior quarter it is down 88.7%.

EBITDA

-$138K

YoY-7786.9%

QoQ-1366.1%

SINCERITY APPLIED MAT's EBITDA was -$138K in Q2 2022, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 7786.9% from the same quarter a year earlier. Against the prior quarter it is down 1366.1%.

Net Income

-$114K

YoY-1130.0%

QoQ-1804.9%

SINCERITY APPLIED MAT reported -$114K in net income in Q2 2022. This represents a decrease of 1130.0% from the same quarter a year earlier. Against the prior quarter it is down 1804.9%.

EPS (Diluted)

$0.00

SINCERITY APPLIED MAT earned $0.00 per diluted share (EPS) in Q2 2022.

Cash & Balance Sheet

Cash & Debt

$14K

YoY+532.6%

QoQ+368.4%

5Y CAGR+5.2%

SINCERITY APPLIED MAT held $14K in cash against $0 in long-term debt as of Q2 2022, with $831K of liabilities due within a year.

Shares Outstanding

27M

YoY-63.6%

QoQ+4.9%

SINCERITY APPLIED MAT had 27M shares outstanding in Q2 2022. This represents a decrease of 63.6% from the same quarter a year earlier. Against the prior quarter it is up 4.9%.

Free Cash Flow

Not reported for Q2 2022.

Dividends Per Share

Not reported for Q2 2022.

Margins & Returns

Return on Equity

-15.2%

YoY-6.1pp

QoQ-23.8pp

SINCERITY APPLIED MAT's ROE was -15.2% in Q2 2022, measuring profit generated per dollar of shareholder equity. This is down 6.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 23.8 percentage points.

Gross Margin

Not shown for Q2 2022: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Operating Margin

Not shown for Q2 2022: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Net Margin

Not shown for Q2 2022: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Capital Allocation

None of these metrics is reported for Q2 2022.

SINC Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SINC quarterly income statement

Metric	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Revenue	$63K-87.0%	$483K-28.8%	$678K-56.5%	$1.6M-27.6%	$2.2M+135.2%	$915K+159.0%	$353K+27.8%	$276K+247.9%	$79K-26.3%	$108K
Cost of Revenue	$21K-94.1%	$360K-37.4%	$575K-61.0%	$1.5M-24.5%	$2.0M+205.1%	$639K	N/A	N/A	N/A	N/A
Gross Profit	$42K-66.0%	$122K+19.4%	$103K+19.9%	$86K-57.2%	$200K-27.3%	$275K	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	$33K-45.2%	$60K-81.3%	$320K+306.3%	$79K-52.4%	$165K
SG&A Expenses	$23K+274.7%	$6K-81.9%	$33K-74.3%	$129K+18.2%	$109K+187.1%	$38K-97.5%	$1.5M-28.7%	$2.2M+407.1%	$427K+47.1%	$290K
Operating Income	-$87K-217.5%	$74K+329.2%	-$32K+91.0%	-$362K+86.0%	-$2.6M-2097.6%	$130K+106.0%	-$2.2M+29.2%	-$3.0M-148.7%	-$1.2M-174.1%	-$446K
EBITDA	-$81K-202.8%	$78K+1317.1%	-$6K+98.1%	-$342K+86.6%	-$2.5M-1689.8%	$160K+108.2%	-$2.0M+34.2%	-$3.0M-143.2%	-$1.2M-174.4%	-$445K
Interest Expense	$6K+6.6%	$6K-63.5%	$15K-93.6%	$240K+164.1%	$91K+217.6%	$29K-80.7%	$149K+372.9%	$31K+55.7%	$20K+28.5%	$16K
Income Tax	-$10K-127.2%	$37K+15313.7%	$241+100.3%	-$78K-40.1%	-$56K-322.6%	$25K	N/A	N/A	N/A	N/A
Net Income	-$61K-171.7%	$86K+831.9%	-$12K-101.5%	$762K+119.1%	-$4.0M-6193.7%	$65K+103.0%	-$2.2M+21.2%	-$2.8M-127.0%	-$1.2M-179.3%	-$440K

Metric	Q2'2210-Q	Q1'2210-Q	Q4'2110-Q	Q3'2110-Q	Q2'2110-Q	Q1'2110-Q	Q4'2010-K	Q3'2010-Q
Revenue	$2K-89.5%	$14K-55.4%	N/A	$17K-81.3%	$15K-92.9%	$31K-66.8%	$84K-52.8%	$93K-8.4%
Cost of Revenue	$7K+132.6%	$0-100.0%	N/A	N/A	-$22K-116.8%	$26K-68.4%	$36K-66.0%	$110K-7.7%
Gross Profit	-$6K	$14K+163.1%	N/A	-$235+98.6%	N/A	$5K-55.9%	$49K-34.3%	-$16K+3.6%
SG&A Expenses	$10K+286.2%	$2K-27.7%	N/A	$0	$3K	$3K-33.8%	$2K-81.3%	$0-100.0%
Operating Income	-$140K-3369.0%	$9K+5234.1%	N/A	-$42K-77.3%	-$4K-108.0%	$164-97.2%	$42K+257.0%	-$24K+26.8%
EBITDA	-$138K-7786.9%	$11K+343.6%	N/A	-$40K-84.6%	-$2K-103.3%	$2K-68.8%	$40K+29.2%	-$22K+28.9%
Interest Expense	$7K+367.3%	$1K-9.7%	N/A	$1K+2.7%	$2K+19.6%	$2K+9.8%	$1K+130.9%	$1K-66.1%
Income Tax	-$14K-476.2%	$3K+33.9%	N/A	-$5K-205.7%	$4K-84.8%	$2K+386.3%	$15K-7.1%	-$2K+89.9%
Net Income	-$114K-1130.0%	$7K+9.3%	N/A	-$28K-508.2%	-$9K-118.1%	$6K+293.5%	$42K-64.5%	-$5K+88.9%
EPS (Basic)	$0.00	N/A	N/A	N/A	$0.00	N/A	N/A	N/A
EPS (Diluted)	$0.00	N/A	N/A	N/A	$0.00	N/A	N/A	N/A

Not reported in any period shown, so not listed: R&D Expenses, Diluted Shares (Avg).

SINC Balance Sheet

SINC quarterly balance sheet

Metric	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Total Assets	$713K-9.2%	$785K+21.4%	$647K-42.8%	$1.1M+284.2%	$294K+129.0%	$128K-91.2%	$1.5M+5.8%	$1.4M+44.1%	$960K+852.3%	$101K
Current Assets	$518K-11.8%	$588K+41.7%	$415K+144.4%	$170K-8.3%	$185K+307.1%	$45K-93.1%	$661K+99.4%	$332K-65.3%	$954K+1976.2%	$46K
Cash & Equivalents	$1K-74.3%	$4K-81.6%	$23K-2.1%	$23K-63.5%	$64K+93.0%	$33K+167.1%	$12K-94.7%	$233K-73.9%	$892K+11431.2%	$8K
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	N/A	N/A	N/A	N/A	N/A	$0	N/A	N/A	N/A	N/A
Accounts Receivable	$3K-96.1%	$68K-27.3%	$93K-35.9%	$145K+202.1%	$48K+311.7%	$12K-81.9%	$65K+43.4%	$45K+1455.7%	$3K-52.0%	$6K
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$662K-3.9%	$689K+14.7%	$601K-46.6%	$1.1M-52.8%	$2.4M+537.7%	$374K-78.8%	$1.8M+70.4%	$1.0M+4.3%	$990K+81.4%	$545K
Current Liabilities	$662K+5.4%	$629K+22.2%	$514K+14.5%	$449K-80.8%	$2.3M+688.4%	$298K-40.1%	$497K-36.9%	$788K+75.8%	$448K+61.2%	$278K
Non-Current Liabilities	$0-100.0%	$60K-30.2%	$86K-87.2%	$675K+1640.6%	$39K-49.2%	$76K-94.0%	$1.3M+415.6%	$245K-54.8%	$542K+102.4%	$268K
Long-Term Debt	$0-100.0%	$60K-30.2%	$86K-22.0%	$111K+185.5%	$39K-49.2%	$76K-88.0%	$637K+592.9%	$92K-61.4%	$238K-11.1%	$268K
Total Equity	$51K-47.2%	$96K+108.6%	$46K+714.6%	$6K+100.3%	-$2.1M-751.7%	-$245K+17.7%	-$298K-169.7%	$428K+1348.2%	$30K+106.6%	-$445K
Retained Earnings	-$3.5M-1.8%	-$3.4M+2.4%	-$3.5M+1.2%	-$3.6M+16.6%	-$4.3M-1465.3%	-$272K+96.1%	-$7.0M-45.9%	-$4.8M-139.5%	-$2.0M-159.4%	-$772K

Metric	Q2'2210-Q	Q1'2210-Q	Q4'2110-Q	Q3'2110-Q	Q2'2110-Q	Q1'2110-Q	Q4'2010-K	Q3'2010-Q
Total Assets	$1.6M+120.5%	$729K-3.5%	$713K-9.2%	$710K-11.2%	$718K-6.7%	$755K+22.0%	$785K+21.4%	$800K+143.2%
Current Assets	$1.4M+159.9%	$536K-4.9%	$518K-11.8%	$527K-11.6%	$534K-6.3%	$563K+39.5%	$588K+41.7%	$596K+641.3%
Cash & Equivalents	$14K+532.6%	$3K-47.9%	$1K-74.3%	$6K+25.7%	$2K-89.0%	$6K0.0%	$4K-81.6%	$5K-42.5%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$3K-57.3%	$3K-93.7%	$3K-96.1%	$3K-98.4%	$6K-96.4%	$42K-53.7%	$68K-27.3%	$168K+173.1%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$831K+35.1%	$652K+1.5%	$662K-3.9%	$630K-15.8%	$616K-14.9%	$642K+5.2%	$689K+14.7%	$749K-90.6%
Current Liabilities	$831K+44.8%	$652K+10.2%	$662K+5.4%	$599K-12.6%	$574K-12.3%	$591K+9.1%	$629K+22.2%	$685K-91.3%
Non-Current Liabilities	$0-100.0%	$0-100.0%	$0-100.0%	$32K-50.1%	$42K-39.8%	$51K-25.6%	$60K-30.2%	$64K-29.1%
Long-Term Debt	$0-100.0%	$0-100.0%	$0-100.0%	$32K-50.1%	$42K-39.8%	$51K-25.6%	$60K-30.2%	$64K-29.1%
Total Equity	$752K+634.3%	$77K-31.7%	$51K-47.2%	$80K+56.4%	$102K+119.9%	$113K+1248.3%	$96K+108.6%	$51K+100.7%
Retained Earnings	-$3.5M-3.4%	-$3.5M-1.8%	-$3.5M-1.8%	-$3.5M+0.3%	-$3.4M+1.0%	-$3.4M+2.7%	-$3.4M+2.4%	-$3.5M+69.1%

Not reported in any period shown, so not listed: Inventory, Goodwill.

SINC Cash Flow Statement

SINC quarterly cash flow statement

Metric	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Operating Cash Flow	$36K-84.9%	$237K+146.0%	$96K+115.1%	-$636K-928.7%	-$62K-379.5%	-$13K+99.3%	-$1.8M+1.0%	-$1.8M-96.7%	-$926K-1886.1%	-$47K
Depreciation & Amortization	$7K+63.2%	$4K-84.2%	$26K+31.5%	$20K-51.7%	$41K+33.1%	$31K-84.6%	$199K+182.5%	$71K+5316.1%	$1K+33.0%	$979
Stock-Based Compensation	N/A	N/A	N/A	N/A	N/A	$32K-93.2%	$473K-51.6%	$977K	$0	N/A
Capital Expenditures	$0	$0	$0	$0-100.0%	$5K+1615.8%	$304-96.9%	$10K+44.2%	$7K	$0-100.0%	$3K
Free Cash Flow	$36K-84.9%	$237K+146.0%	$96K+115.1%	-$636K-848.7%	-$67K-408.0%	-$13K+99.3%	-$1.8M+0.8%	-$1.8M-97.4%	-$926K-1775.2%	-$49K
Investing Cash Flow	$0	$0	$0	$0+100.0%	-$5K-1615.8%	-$304-102.9%	$10K+116.2%	-$64K-4563.0%	-$1K+98.8%	-$115K
Financing Cash Flow	-$47K+79.2%	-$226K-130.7%	-$98K-116.9%	$579K+216.0%	$183K+142.9%	$75K-96.6%	$2.2M+64.7%	$1.3M-27.1%	$1.8M+319.4%	$435K

Metric	Q2'2210-Q	Q1'2210-Q	Q4'2110-Q	Q3'2110-Q	Q2'2110-Q	Q1'2110-Q	Q4'2010-K	Q3'2010-Q
Operating Cash Flow	-$112K-575.0%	-$3K-153.7%	N/A	$9K-49.1%	$24K-68.0%	$6K-92.1%	$72K+109.3%	$17K-61.5%
Depreciation & Amortization	$2K-14.1%	$2K-6.3%	N/A	$2K+2.7%	$2K+17.2%	$2K+17.4%	-$2K-110.0%	$2K+5.0%
Capital Expenditures	N/A	N/A	N/A	$0	N/A	N/A	$0	$0
Free Cash Flow	N/A	N/A	N/A	$9K-49.1%	N/A	N/A	$72K+109.3%	$17K-61.5%
Investing Cash Flow	$0	$0	N/A	$0	$0-100.0%	$0+100.0%	$0	$0
Financing Cash Flow	$278K+1307.1%	-$17K-31.6%	N/A	-$7K+85.0%	-$23K+48.8%	-$13K+75.9%	-$82K-299.9%	-$46K+3.7%

Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.

SINC Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SINC quarterly financial ratios

Metric	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Gross Margin	66.1%+40.7pp	25.4%+10.2pp	15.2%+9.7pp	5.5%-3.8pp	9.3%-20.8pp	30.1%	N/A	N/A	N/A	N/A
Operating Margin	-138.5%	15.4%+20.2pp	-4.8%+18.4pp	-23.2%	-120.4%	14.2%	-610.2%	-1100.9%	-1540.2%	-414.3%
Net Margin	-97.4%-115.1pp	17.7%+19.5pp	-1.7%-50.6pp	48.9%	-185.5%	7.2%	-623.0%	-1010.8%	-1548.8%	-408.8%
Return on Equity	-120.6%-209.4pp	88.9%+114.2pp	-25.3%-13475.3pp	13450.0%	N/A	N/A	N/A	-653.1%+3512.7pp	-4165.7%	N/A
Return on Assets	-8.6%-19.5pp	10.9%+12.7pp	-1.8%-69.2pp	67.4%+1423.8pp	-1356.3%-1407.3pp	51.0%+201.4pp	-150.4%+51.6pp	-202.0%-73.8pp	-128.2%+308.8pp	-437.0%
Current Ratio	0.78-0.2x	0.94+0.1x	0.81+0.4x	0.38+0.3x	0.08-0.1x	0.15-1.2x	1.33+0.9x	0.42-1.7x	2.13+2.0x	0.17
Debt-to-Equity	0.00-0.6x	0.63-1.2x	1.87-17.7x	19.56	N/A	N/A	N/A	0.21-7.8x	8.06	N/A
Asset Turnover	0.09-0.5x	0.61-0.4x	1.05-0.3x	1.38-5.9x	7.31+0.2x	7.12+6.9x	0.240.0x	0.20+0.1x	0.08-1.0x	1.07
FCF Margin	56.6%+7.6pp	49.0%+34.9pp	14.2%+55.0pp	-40.8%-37.7pp	-3.1%-1.7pp	-1.4%	-513.5%	-661.3%	-1165.3%	-45.8%

Metric	Q2'2210-Q	Q1'2210-Q	Q4'2110-Q	Q3'2110-Q	Q2'2110-Q	Q1'2110-Q	Q4'2010-K	Q3'2010-Q
Gross Margin	-362.8%	100.0%+83.0pp	N/A	-1.4%+16.2pp	N/A	17.0%+4.2pp	57.9%+16.3pp	-17.6%-0.9pp
Operating Margin	-8894.1%	63.0%+62.5pp	N/A	-242.0%	-27.0%-50.8pp	0.5%-5.8pp	49.5%+43.0pp	-25.5%+6.4pp
Net Margin	-7247.9%	48.2%+28.5pp	N/A	-157.8%	-62.1%-86.4pp	19.7%+23.1pp	49.6%-16.3pp	-4.9%+35.1pp
Return on Equity	-15.2%-6.1pp	8.7%+3.3pp	N/A	-34.5%-25.6pp	-9.1%-119.3pp	5.4%+43.2pp	43.6%-212.4pp	-8.9%
Return on Assets	-7.2%-5.9pp	0.9%+0.1pp	N/A	-3.9%-3.3pp	-1.3%-8.0pp	0.8%+1.3pp	5.3%-12.9pp	-0.6%+11.8pp
Current Ratio	1.67+0.7x	0.82-0.1x	0.78-0.2x	0.880.0x	0.93+0.1x	0.95+0.2x	0.94+0.1x	0.87+0.9x
Debt-to-Equity	0.00-0.4x	0.00-0.5x	0.00-0.6x	0.40-0.9x	0.41-1.1x	0.45-7.7x	0.63-1.2x	1.25
Asset Turnover	0.000.0x	0.020.0x	N/A	0.02-0.1x	0.02-0.3x	0.04-0.1x	0.11-0.2x	0.12-0.2x
FCF Margin	N/A	N/A	N/A	50.7%+32.0pp	N/A	N/A	84.9%+65.8pp	18.6%-25.7pp

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Gross Margin, Operating Margin, Net Margin.

Note: The current ratio is below 1.0 (0.78), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
SINCERITY APPLIED MAT SINC	FY2021	$63K	-$61K	-97.4%	$198K	—
C-BOND SYSTEMS INC CBNT	FY2023	$2.5M	$1.9M	75.8%	$239K	—
CROWN ELECTROKINETICS CRP CRKN	FY2024	$19.7M	-$25.9M	N/A	$9.4M	—

Where SINCERITY APPLIED MAT Ranks

Frequently Asked Questions

What is SINCERITY APPLIED MAT's annual revenue?

SINCERITY APPLIED MAT (SINC) reported $63K in total revenue for fiscal year 2021. This represents a -87.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is SINCERITY APPLIED MAT's revenue growing?

SINCERITY APPLIED MAT (SINC) revenue declined by 87.0% year-over-year, from $483K to $63K in fiscal year 2021.

Is SINCERITY APPLIED MAT profitable?

No, SINCERITY APPLIED MAT (SINC) reported a net income of -$61K in fiscal year 2021, with a net profit margin of -97.4%.

What is SINCERITY APPLIED MAT's EBITDA?

SINCERITY APPLIED MAT (SINC) had EBITDA of -$81K in fiscal year 2021, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does SINCERITY APPLIED MAT have?

As of fiscal year 2021, SINCERITY APPLIED MAT (SINC) had $1K in cash and equivalents against $0 in long-term debt.

What is SINCERITY APPLIED MAT's gross margin?

SINCERITY APPLIED MAT (SINC) had a gross margin of 66.1% in fiscal year 2021, indicating the percentage of revenue retained after direct costs of goods sold.

What is SINCERITY APPLIED MAT's net profit margin?

SINCERITY APPLIED MAT (SINC) had a net profit margin of -97.4% in fiscal year 2021, representing the share of revenue converted into profit after all expenses.

What is SINCERITY APPLIED MAT's return on equity (ROE)?

SINCERITY APPLIED MAT (SINC) has a return on equity of -120.6% for fiscal year 2021, measuring how efficiently the company generates profit from shareholder equity.

What is SINCERITY APPLIED MAT's free cash flow?

SINCERITY APPLIED MAT (SINC) generated $36K in free cash flow during fiscal year 2021. This represents a -84.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is SINCERITY APPLIED MAT's operating cash flow?

SINCERITY APPLIED MAT (SINC) generated $36K in operating cash flow during fiscal year 2021, representing cash generated from core business activities.

What are SINCERITY APPLIED MAT's total assets?

SINCERITY APPLIED MAT (SINC) had $713K in total assets as of fiscal year 2021, including both current and long-term assets.

What are SINCERITY APPLIED MAT's capital expenditures?

SINCERITY APPLIED MAT (SINC) reported no capital expenditure during fiscal year 2021.

How many shares does SINCERITY APPLIED MAT have outstanding?

SINCERITY APPLIED MAT (SINC) had 74M shares outstanding as of fiscal year 2021.

What is SINCERITY APPLIED MAT's current ratio?

SINCERITY APPLIED MAT (SINC) had a current ratio of 0.78 as of fiscal year 2021, which is below 1.0, which may suggest potential liquidity concerns.

What is SINCERITY APPLIED MAT's debt-to-equity ratio?

SINCERITY APPLIED MAT (SINC) had a debt-to-equity ratio of 0.00 as of fiscal year 2021, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is SINCERITY APPLIED MAT's return on assets (ROA)?

SINCERITY APPLIED MAT (SINC) had a return on assets of -8.6% for fiscal year 2021, measuring how efficiently the company uses its assets to generate profit.

What is SINCERITY APPLIED MAT's P/E ratio?

SINCERITY APPLIED MAT (SINC) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2021). The market capitalization is $198K as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is SINCERITY APPLIED MAT's price-to-sales ratio?

SINCERITY APPLIED MAT (SINC) trades at 3.1x sales, its market capitalization divided by revenue of $63K revenue, FY2021. The market capitalization is $198K as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is SINCERITY APPLIED MAT's Altman Z-Score?

SINCERITY APPLIED MAT (SINC) has an Altman Z-Score of -7.23, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is SINCERITY APPLIED MAT's Piotroski F-Score?

SINCERITY APPLIED MAT (SINC) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are SINCERITY APPLIED MAT's earnings high quality?

SINCERITY APPLIED MAT (SINC) reported a net loss of $61K while generating $36K in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can SINCERITY APPLIED MAT cover its interest payments?

SINCERITY APPLIED MAT (SINC) reported an operating loss of $87K against $6K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.