Everbright Digital Holding Limited (EDHL) — RQD Stock Rating Cockpit

Per the Roarable RQD rating, EDHL carries a score of 36 out of 100, a letter grade of D-, and a verdict label of "Roarable Sell — Vulnerable Balance Sheet & Flow." The five pillars are scored as follows:

• Fundamental Cash Engine: 6 / 20 (ROIC -35%; FCF yield -6.65%). This is the weakest pillar on a return basis, indicating the business is currently destroying capital and generating negative free cash flow relative to its market value.
• Whale 13F Flow: 13 / 20 (Institutional accumulation and options positioning). This is a mid-range reading, and the source does not provide the underlying holder detail to explain it.
• Insider Conviction: 3 / 20 (SEC Form 4 and Congressional PTR cluster flow). This is the lowest pillar score, which the rating reads as weak insider-side conviction; the source does not itemize the underlying trades.
• Macro Regime Fit: 9 / 20 (Beta 1.0; sector sensitivity). A beta of 1.0 means the stock is modeled to move in line with the broader market, and the sector sensitivity component is not further detailed in the source.
• Forensic Balance Sheet: 5 / 20 (Altman Z 2.5; Piotroski F 2/9; Debt/Equity 0.5). The Piotroski F-Score of 2 out of 9 is a weak reading, and the Altman Z of 2.5 and Debt/Equity of 0.5 do not offset the weak profitability signals.

For a prospective investor evaluating the stock today, the pattern is that operating and return metrics are negative, insider conviction is weak, and balance-sheet quality scores poorly on the forensic measures. Any upside case would need to rest on factors outside the scored pillars, and the source data does not supply those factors. The rating's own verdict is a sell-side signal, and the valuation tradeoff is that a low market capitalization does not by itself offset negative returns on capital.

Per the profile, Everbright Digital Holding Limited is a NASDAQ-listed company in the Communication Services sector and the Advertising industry. The source data does not describe its products, customers, or specific revenue model. The profile reports a market capitalization of $0.0B, which conflicts with the $34.5M figure in the market data and should be treated as unreconciled.

Per the SEC financials, revenue declined from $2.8M in FY 2024 to $1.9M in FY 2025, and the company moved from a $0.4M net income in FY 2024 to a $-2.2M net loss in FY 2025. Operating income is reported as $0.0M across all periods. Per the market data, gross margin is 65.4%, operating margin is 0%, net margin is -60%, and ROIC is -35%. The Altman Z-Score is 2.5 and the Piotroski F-Score is 2 out of 9, both per the Roarable RQD rating. Debt/Equity is 0.5, and the source does not provide period-level debt or cash balances beyond those shown above.

Per the Butterfly Supply-Chain Graph, the supply chain is recorded as "NONE," with no butterfly links and no proprietary signals. The sector is Communication Services and the industry is Advertising, but the source does not define upstream suppliers, downstream customers, or sector correlations. No 2nd-order bottlenecks can be identified from the provided data.

• What are the company's products, customers, and revenue model, given that the source describes only its sector and industry?
• Why does the profile report a market capitalization of $0.0B while the market data reports $34.5M, and which figure is correct?
• What drove the decline in revenue from $2.8M to $1.9M and the swing from $0.4M net income to a $-2.2M net loss in FY 2025?
• What are the specific holders, insider transactions, and Congressional trades behind the 13F and insider pillar scores?
• What are the period-level cash and debt balances that would confirm the Debt/Equity of 0.5 and the Altman Z-Score?