Lucide Ledger

A filing-first public record from Lucide House.

Issue 003 | U.S. Pilot | US

CDTG

CDT Environmental Technology Investment Holdings Ltd

Screen state: Passing Source state: Verified 20-F | 2026-05-15 Filing currency: USD
Open Filing Back to Register Report a correction
Internal NCAV Discount 50.7%

GNNI internal NCAV discount calculation. Market context inputs are retained internally and are not displayed.

Current Assets
84,317,347USD
Total Liabilities
58,264,162USD
NCAV
26,053,185USD
Cash
66,686USD
NCAV per share
1.93USD/share
Evidence
3 annual | 0 quarterly

Mary filing review

Financial Statement Evidence

Deterministic observations from the frozen Mary Reason Card. They annotate filing evidence and do not determine screen inclusion.

Evaluated
12
Triggered
3
Unavailable
3
Requires inspection Material 1Y Share Increase 13,525,000
Latest
13,525,0002025-12-31
Comparison
10,825,0002024-12-31
Change
+24.9%

Basis: 1Y share change >= +2% using the same share-count source

Source periods: SEC 20-F 2025-12-31 · 0001731122-26-000740; REPORTED_FILING 20-F 2024-12-31

Requires inspection Negative OCF -1,490,957
Latest
-1,490,9572025-12-31
Comparison
n/a
Change
n/a

Basis: latest reporting-period cash from operations < 0

Source periods: SEC 20-F 2025-12-31 · 0001731122-26-000740

Requires inspection Current Ratio <= 1.5 1.46
Latest
1.462025-12-31
Comparison
1.5
Change
n/a

Basis: current assets / current liabilities <= 1.5

Source periods: SEC 20-F 2025-12-31 · 0001731122-26-000740

3 unavailable checks — inspect missing inputs
High Debt (short-term debt + long-term debt) / ordinary equity >= 50%
Low Debt (short-term debt + long-term debt) / ordinary equity < 20%
Non-Positive Equity ordinary shareholders equity <= 0

Business Profile

Published only when a substantive filing-text profile has been prepared for this issue.

Not available for this issue.

A substantive filing-text profile was not prepared for this company. Financial statement evidence and filing links remain available above for direct inspection.

Share Count & Per-Share Comparability

Data Vault has not published the normalized share-count artifact for this company.

Known Unknowns

Only 0 quarterly periods available from Data Vault for this company.

quarterly periods are missing

Medium | Share Count

The current U.S. Pilot does not yet evaluate share-count trends or post-filing dilution beyond Mary's screening flags.

Low | Classification

U.S. Pilot rows are surfaced for source inspection and may still need manual business classification review.

Annual Financials

Latest annual periods, newest first. Missing cells render as n/a.

Metric
2025-12-31
20-F
USD
2024-12-31
20-F
USD
2023-12-31
20-F
USD
Revenue 18,225,819 29,765,205 34,209,919
Operating Income -11,651,404 1,998,107 8,611,493
Net Income -10,197,242 1,453,191 7,417,706
Cash From Operations -1,490,957 -1,987,028 -3,132,666
Capex -2,233 -3,893 -21,550
Free Cash Flow -1,493,190 -1,990,921 -3,154,216
Cash And Equivalents 66,686 124,379 268,102
Accounts Receivable 44,128,933 45,188,231 29,076,549
Inventory n/a n/a n/a
Total Current Assets 84,317,347 77,704,451 64,741,493
Total Assets 88,904,053 89,360,588 72,791,561
Total Current Liabilities 57,906,667 51,708,562 40,519,875
Total Liabilities 58,264,162 51,922,531 40,705,318
Shareholders Equity 30,612,713 37,283,779 31,902,645
Shares Outstanding 13,525,000 10,825,000 9,200,000
Shares Outstanding Diluted n/a n/a n/a
Weighted Avg Shares Diluted 12,141,807 10,320,628 9,200,000
Weighted Avg Shares Basic 12,141,807 10,320,628 9,200,000
Net Share Count Change (Normalized) Insufficient evidence Insufficient evidence Insufficient evidence
Ownership Claim Change (Normalized) Insufficient evidence Insufficient evidence Insufficient evidence
Quarterly Financials

Latest quarterly periods, newest first. Periods are shown only when Data Vault has them.

Only 0 quarterly periods available from Data Vault for this company.

Metric
Revenue
Operating Income
Net Income
Cash From Operations
Capex
Free Cash Flow
Cash And Equivalents
Total Current Assets
Total Liabilities
Shares Outstanding
Shares Outstanding Diluted
Weighted Avg Shares Diluted
Weighted Avg Shares Basic
Net Share Count Change (Normalized)
Ownership Claim Change (Normalized)
Audit Trail

NCAV Audit

Official-source inputs remain linked to filing provenance. Derived values are labeled as such.

Input Value Source concept Filing period Confidence Provenance
Current Assets 84,317,347USD us-gaap:AssetsCurrent 2025-12-31 1.00 Data Vault | sec/companyfacts/cik=0001793895/companyfacts.json
Data Vault | sec/companyfacts/cik=0001793895/companyfacts.json
Total Liabilities 58,264,162USD us-gaap:Liabilities 2025-12-31 1.00 Data Vault | sec/companyfacts/cik=0001793895/companyfacts.json
Data Vault | sec/companyfacts/cik=0001793895/companyfacts.json
Cash 66,686USD us-gaap:CashAndCashEquivalentsAtCarryingValue 2025-12-31 1.00 Data Vault | sec/companyfacts/cik=0001793895/companyfacts.json
Data Vault | sec/companyfacts/cik=0001793895/companyfacts.json
Shares Outstanding 13,525,000 dei:EntityCommonStockSharesOutstanding 2025-12-31 1.00 Data Vault | sec/companyfacts/cik=0001793895/companyfacts.json
Data Vault | sec/companyfacts/cik=0001793895/companyfacts.json
NCAV 26,053,185USD derived 2025-12-31 n/a company-evidence-v1 | total_current_assets - total_liabilities
NCAV per share 1.93USD derived 2025-12-31 n/a company-evidence-v1 | NCAV / shares_outstanding
Internal NCAV Discount 50.7% derived 2025-12-31 n/a gnni_publication_pack | internal_discount

NCAV = total_current_assets - total_liabilities | NCAV per share = NCAV / shares_outstanding

Source Provenance

Data Source
Data Vault
Data Vault Root
Local evidence | The Data Vault
CIK
0001793895
Company ID
n/a
Selected Annual Source
Data Vault | sec/companyfacts/cik=0001793895/companyfacts.json
Selected Quarterly Source
Data Vault | sec/companyfacts/cik=0001793895/companyfacts.json
Statement Extractor
companyfacts-screener-v1
View Extractor
companyfacts-screener-v1
Source Accession Count
3
Imported At
2026-08-02T05:40:53+00:00
Rendered At
2026-08-16T03:29:48+00:00

Run Audit

Mary Run
8f67c1da7de642feb640d04491409c50
Mary As Of
2026-07-25
Accession
0001731122-26-000740
CIK
0001793895
Mary Filing Date
2026-05-15
Filing Currency
USD
Internal Discount
50.7%
Source State
Verified
Market Context
Not Displayed
Market Policy
internal_only_not_redistributed
Share Trend
Not Evaluated
Dilution
Needs Review

mary_run=8f67c1da7de642feb640d04491409c50; mary_as_of=2026-07-25; mary_filing_date=2026-05-15; mary_accession=0001731122-26-000740; mary_cik=0001793895; gnni_supporting_filing_date=2026-05-15; internal_discount=0.506826; mary_reason=Mary's deterministic net-net screen flagged this candidate. The internal discount is shown; raw market-data fields are not published in this pilot.

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