Company Analysis

Decent Holding Inc (DXST)

Nasdaq: DXST · Sanitary Services · Shandong Province, CN · filing with the SEC since 2023
Grade4.7
◀ Past 4.7● Present 5.0▶ Future 4.3
1 est.

The grade of Decent Holding Inc

Nine metrics read from its own filings, by tense
Headline grade
4.7/10
◀ Past4.725% of the headline
● Present5.045% of the headline
▶ Future4.330% 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?

4.7/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
4.0/10

Has it survived what it has been through?

1 warning event since 2023; the latest 2025-03-03.

weight 45% of this tense · 39th percentile among 19 sector filers · read for itself

From the record

Decent Holding Inc's filings since 2023 show 1 warning event: a late-report notice (Form NT 10-K or NT 10-Q, the latest 2025-03-03) (its current reports).

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

Track record

as filed
7.7/10

What has it actually done, year after year?

+53.3% a year over 4 filed years; profitable in 3 of 4.

weight 22% of this tense · 77th percentile among 17 sector filers · read for its customers

From the record

Decent Holding Inc's 4 filed years say what it did: revenue went from $4 million in fiscal 2022 to $13 million in fiscal 2025, up 53.3% a year; it rose in 3 of 3 years; it never fell from a peak; net income was positive in 3 of 4 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span53.3%top 3% of its family
  • the share of years revenue rosetop 9% of its family
  • the share of filed years with a profitbottom 32% of its family
  • the deepest fall from a revenue peak0.0%top 12% of its family

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

Shareholder treatment

as filed
3.6/10

How has it treated the people who own it?

Share count grew 2.7% a year. 0% of cash flow returned. Insiders: 0 sales, 1 purchases.

weight 33% of this tense · 36th percentile among 14 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-10-31, Decent Holding Inc's diluted share count grew about 2.7% 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 1 purchase of their own stock on the open market in the year to 2026-09-30, buying about $800 thousand (their Form 4 filings).

What it rests on

  • the share count over the yearstop 44% of its family
  • cash returned against operating cash flowbottom 17% 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?

5.0/1045% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
5.4/10

Is it financially healthy right now?

ROE -4%: lost 4¢ per shareholder dollar. Leverage 55%: owes 55¢ per asset dollar.

weight 45% of this tense · 54th percentile among 19 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-10-31, Decent Holding Inc lost about 4 cents for every dollar of shareholders' money, and gross profitability: its products earned about 20 cents per dollar of everything the company owns. Leverage: it owed about 55 cents per dollar of assets, and net share issuance: its share count grew 8.3% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 18% of its family
  • return on equitybottom 31% of its family
  • gross profit against assetstop 17% of its family
  • the share count against the year beforebottom 21% of its family

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

Industry position

as filed
4.1/10

How strong is its position in its industry?

bottom 41% of 16 in its family; net margin -2.5%.

weight 33% of this tense · 41st percentile among 16 sector filers · read for its customers

From the record

Decent Holding Inc's standing among 16 graded names in its industry family: revenue of $13 million in fiscal 2025 ranks in the bottom 3% by size; a net margin of -2.5% ranks in the bottom 22%; revenue growth of 53.3% a year over the last 3 filed years ranks in the top 3% (its annual reports).

What it rests on

  • revenue against the family$12.9Mbottom 3% of its family
  • net margin-2.5%bottom 22% of its family
  • three-year revenue growth53.3%top 3% of its family

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

Leadership

SI estimate
5.5/10

What are the people in charge doing?

SI estimate 5.5/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 16 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 2026-04-20 (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 16 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 2026-04-20 (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, 16 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: Decent Holding Inc's leadership is put at 5.5 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 2026-04-20 (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 16 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?

4.3/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.4/10

How much room does it have to grow?

top 46% of 15 in its family for room to expand.

weight 22% of this tense · 54th percentile among 15 sector filers · read for itself

From the record

Decent Holding Inc's room to grow, from the newest filed statements (fiscal 2025): cash of $573 thousand against no long-term debt tagged leaves 3.3% of its assets as net cash, top 8% of its family; cash from operations less capital spending is -26.7% of revenue (bottom 17%); a gross margin of 26.2% (bottom 44%); research spending of 2.3% of revenue (top 37%) (its annual report).

What it rests on

  • cash less debt against assets3.3%top 8% of its family
  • cash from operations less capital spending against revenue-26.7%bottom 17% of its family
  • gross margin26.2%bottom 44% of its family
  • research spending against revenue2.3%top 37% of its family

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

Growth drivers

as filed
5.8/10

What could actually drive growth from here?

top 42% of 17 in its family for growth drivers.

weight 45% of this tense · 58th percentile among 17 sector filers · read for its customers

From the record

Decent Holding Inc's growth drivers, from the filed years to fiscal 2025: revenue grew 53.3% a year over the last three filed years against 53.3% over all 4, speeding up (top 25% of its family); the newest year grew 12.2% (top 34%); research spending grew 70.5% a year (top 10%); capital spending grew -86.5% a year (bottom 3%) (its annual reports). Decent Holding Inc reported 4 product lines in fiscal 2025: River Water Quality Management Revenue at $7 million (51%), Wastewater Treatment Revenue at $4 million (32%), Product Sales Revenue at $2 million (16%), and 1 more; 2 of 4 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+0.0 points a yeartop 25% of its family
  • the newest year's revenue growth12.2%top 34% of its family
  • three-year growth of research spending70.5%top 10% of its family
  • three-year growth of capital spending-86.5%bottom 3% 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
1.5/10

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

bottom 15% of 16 in its family for expectations against reality.

weight 33% of this tense · 15th percentile among 16 sector filers · read for its shareholders

From the record

Decent Holding Inc's newest year against its own record: revenue of $13 million in fiscal 2025 came in 37.4% below the $21 million its prior three years' pace pointed to (bottom 9% of its family); net income of $322 thousand against a prior three-year average of $1 million (bottom 21%); a net margin of -2.5% against 16.1% before (bottom 16%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-37.4%bottom 9% of its family
  • net income against the prior three years' average-122%bottom 21% of its family
  • net margin against its prior average-18.6 pointsbottom 16% 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 DXST · research, not advice