Company Analysis

Bon Natural Life Limited (BON)

Nasdaq: BON · Medicinal Chemicals & Botanical Products · Shaanxi, CN · filing with the SEC since 2020
Grade3.7
◀ Past 3.9● Present 3.4▶ Future 3.8
1 est.

The grade of Bon Natural Life Limited

Nine metrics read from its own filings, by tense
Headline grade
3.7/10
◀ Past3.930% of the headline
● Present3.440% of the headline
▶ Future3.830% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

3.9/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
6.0/10

Has it survived what it has been through?

2 warning events since 2020; the latest 2024-01-30.

weight 33% of this tense · 60th percentile among 20 sector filers · read for itself

From the record

Bon Natural Life Limited's filings since 2020 show 2 warning events: a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2024-01-30) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.8/10

What has it actually done, year after year?

+2.2% a year over 7 filed years; profitable in 6 of 7.

weight 45% of this tense · 38th percentile among 18 sector filers · read for its customers

From the record

Bon Natural Life Limited's 7 filed years say what it did: revenue went from $16 million in fiscal 2019 to $19 million in fiscal 2025, up 2.2% a year; it rose in 3 of 6 years; the deepest fall was 38% from fiscal 2022 to fiscal 2025; net income was positive in 6 of 7 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span2.2%bottom 19% of its family
  • the share of years revenue rosebottom 19% of its family
  • the share of filed years with a profittop 14% of its family
  • the deepest fall from a revenue peak37.6%bottom 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
1.3/10

How has it treated the people who own it?

Share count grew 334.4% a year. 0% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 13th percentile among 9 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-09-30, Bon Natural Life Limited's diluted share count grew about 334.4% a year, and dividends and buybacks returned about 0% of its net income over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 3% of its family
  • cash returned against operating cash flowbottom 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

3.4/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
3.4/10

Is it financially healthy right now?

ROE -3%: lost 3¢ per shareholder dollar. Leverage 32%: owes 32¢ per asset dollar.

weight 45% of this tense · 34th percentile among 20 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-09-30, Bon Natural Life Limited lost about 3 cents for every dollar of shareholders' money, and gross profitability: its products earned about 5 cents per dollar of everything the company owns. Leverage: it owed about 32 cents per dollar of assets, and net share issuance: its share count grew 2766.6% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 42% of its family
  • return on equitytop 41% of its family
  • gross profit against assetsbottom 15% of its family
  • the share count against the year beforebottom 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
2.5/10

How strong is its position in its industry?

bottom 24% of 18 in its family; net margin -10.7%.

weight 33% of this tense · 24th percentile among 18 sector filers · read for its customers

From the record

Bon Natural Life Limited's standing among 18 graded names in its industry family: revenue of $19 million in fiscal 2025 ranks in the bottom 18% by size; a net margin of -10.7% ranks in the top 47%; revenue growth of -14.5% a year over the last 3 filed years ranks in the bottom 3% (its annual reports).

What it rests on

  • revenue against the family$18.7Mbottom 18% of its family
  • net margin-10.7%top 47% of its family
  • three-year revenue growth-14.5%bottom 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.0/10

What are the people in charge doing?

SI estimate 5.0/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 12 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-04-10 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 7 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 12 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-04-10 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 7 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 12 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Bon Natural Life Limited's leadership is put at 5.0 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-04-10 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 7 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 12 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

3.8/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.5/10

How much room does it have to grow?

bottom 45% of 18 in its family for room to expand.

weight 45% of this tense · 45th percentile among 18 sector filers · read for itself

From the record

Bon Natural Life Limited's room to grow, from the newest filed statements (fiscal 2025): cash of $6 million against debt of $2 million leaves 5.1% of its assets as net cash, bottom 29% of its family; cash from operations less capital spending is 0.7% of revenue (top 47%); a gross margin of 20.8% (bottom 21%); research spending of 4% of revenue (top 23%) (its annual report).

What it rests on

  • cash less debt against assets5.1%bottom 29% of its family
  • cash from operations less capital spending against revenue0.7%top 47% of its family
  • gross margin20.8%bottom 21% of its family
  • research spending against revenue4.0%top 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.0/10

What could actually drive growth from here?

bottom 40% of 18 in its family for growth drivers.

weight 33% of this tense · 40th percentile among 18 sector filers · read for its customers

From the record

Bon Natural Life Limited's growth drivers, from the filed years to fiscal 2025: revenue grew -14.5% a year over the last three filed years against 2.2% over all 7, slowing (top 47% of its family); the newest year grew -21.7% (bottom 3%); research spending grew 21.1% a year (top 4%); capital spending grew -37.3% a year (bottom 9%) (its annual reports). Bon Natural Life Limited reported 3 product lines in fiscal 2025: Fragrance Compounds at $8 million (43%), Bioactive Food Ingredients at $7 million (39%), Health Supplements Solid Drinks at $3 million (18%); 1 of 3 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-16.7 points a yeartop 47% of its family
  • the newest year's revenue growth-21.7%bottom 3% of its family
  • three-year growth of research spending21.1%top 4% of its family
  • three-year growth of capital spending-37.3%bottom 9% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
1.9/10

Did its newest year beat what its own record pointed to?

bottom 19% of 18 in its family for expectations against reality.

weight 22% of this tense · 19th percentile among 18 sector filers · read for its shareholders

From the record

Bon Natural Life Limited's newest year against its own record: revenue of $19 million in fiscal 2025 came in 12.3% below the $21 million its prior three years' pace pointed to (bottom 25% of its family); net income of $2 million against a prior three-year average of $4 million (bottom 19%); a net margin of -10.7% against 12.7% before (bottom 14%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-12.3%bottom 25% of its family
  • net income against the prior three years' average-153%bottom 19% of its family
  • net margin against its prior average-23.4 pointsbottom 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton BON · research, not advice