QDM International Inc.
QDMI · Insurance Agents, Brokers & Service · 8.6M shares · +0%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: -$14K (gross $22K, SBC $36K)
Grade
C64QDM International — small China-based insurance brokerage with high margins.
Strengths
- Operating margin 100th pct, ROA (96th), strong liquidity (current 5.8)
Risks
- China-operations/VIE, related-party and disclosure risk
- Sub-scale; minimal cash (22nd pct)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
87.3%
Operating margin
70.5%
Net margin
57.5%
Return on equity
54.6%
Return on assets
45.0%
Revenue growth (QoQ)
20.1%
Net-income growth
208.3%
Current ratio
5.8×
Tangible book value
$9M
Cash & investments
$9M
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2025-02-21 | Zheng Huihe | Gift | 150K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2025-12-12 | Exec/director changeExhibits | filing ↗ |
| 2025-09-22 | 5.03OtherExhibits | filing ↗ |
| 2024-11-07 | Exec/director changeExhibits | filing ↗ |
| 2024-10-10 | Material agreement3.025.03Exhibits | filing ↗ |
| 2024-08-08 | Exec/director changeExhibits | filing ↗ |
| 2024-04-10 | 5.03Exhibits | filing ↗ |
| 2021-08-16 | 5.03 | filing ↗ |
| 2021-05-19 | 3.02 | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 10-Q | 2026-02-17 | 2025-12-31 | 0001213900-26-017312 ↗ |
| 8-K | 2025-12-12 | 2025-12-11 | 0001213900-25-121185 ↗ |
| 10-Q | 2025-11-14 | 2025-09-30 | 0001213900-25-110954 ↗ |
| 8-K | 2025-09-22 | 2025-09-16 | 0001213900-25-090168 ↗ |
| 10-Q | 2025-08-14 | 2025-06-30 | 0001213900-25-076780 ↗ |
| 10-K | 2025-07-10 | 2025-03-31 | 0001213900-25-062865 ↗ |
| 10-Q | 2025-02-14 | 2024-12-31 | 0001213900-25-014275 ↗ |
| 10-Q | 2024-11-14 | 2024-09-30 | 0001213900-24-098495 ↗ |
| 8-K | 2024-11-07 | 2024-11-04 | 0001213900-24-095396 ↗ |
| 8-K | 2024-10-10 | 2024-10-04 | 0001213900-24-086893 ↗ |
| 10-Q | 2024-08-19 | 2024-06-30 | 0001213900-24-070371 ↗ |
| 8-K | 2024-08-08 | 2024-08-05 | 0001213900-24-066291 ↗ |