Editorial standards

Editorial policy

Last reviewed: . This policy describes how all content on this site is produced. It applies to every guide, explainer and article we publish.

The purpose of publishing this is simple: a reader should be able to judge our work rather than trust it. Everything below is a commitment you can check us against, and complain about if we fall short.

A quiet desk with potted plants beside the edge of an open laptop

Read the rules before the writing

Most publications describe their standards vaguely, if at all. We would rather state ours precisely enough to be held to, because a reader who cannot check a claim has no real way to weigh it.

Everything below covers how sources are ranked, how figures are verified, how corrections are handled when we get something wrong, and what we will not publish regardless of how many people would read it.

Our editorial position

GreenValley publishes general educational information about how stock markets and listed companies work. We explain mechanics, describe documents and show methods. We do not recommend securities, publish price targets or forecasts, review portfolios, or tell readers what to buy, sell or hold. This boundary is not a restriction we work around — it is the definition of what we do, and it is why we can publish without knowing anything about the individual reading.

Who writes and reviews

All content is written and reviewed by our editor, Ava Thomas. Every published page carries a byline, a publication date and a review date. Where a page has been substantially updated, the review date changes and, for material changes, a note records what changed and when.

We do not publish content under invented names, and we do not present syndicated or third-party material as our own.

Source hierarchy

Sources are gathered in a fixed order of authority. Where sources conflict, the higher-ranked source wins, and we say so on the page rather than silently choosing.

How sources are ranked, and what each may be used for
RankSource typeWhat it may be used for
1Primary documents: annual reports, financial statements and notes, ASX and regulatory announcements, prospectuses, official noticesAny factual claim about a company, its figures, its disclosures or its obligations. This is the only evidence we accept for a number.
2Our own worked examples, with the calculation shownDemonstrating a method or arithmetic. Shown in full so a reader can reproduce it against the same source document.
3Regulatory guidance, accounting standards, and peer-reviewed or published academic researchExplaining market rules, reporting requirements and how markets behave in aggregate.
4Company investor-relations pages, promotional material and media summariesRecording what a company or third party claims. Never used as evidence that a claim is accurate.

We do not cite unattributed market rumour, social media commentary, or promotional material as a factual basis for anything. If a widely repeated claim has no document behind it, we either leave it alone or write about why it cannot be verified.

How a guide is checked before publication

  1. Step 1 — Trace every figure Each figure in a draft is matched to the specific document and page it came from. Page references are recorded and kept on file. A figure that cannot be traced is removed rather than softened.
  2. Step 2 — Re-perform every calculation Anything we compute from published data is recalculated from the source figures, independently of the original draft. An arithmetic error in a worked example teaches the wrong method with confidence, so calculations are not taken on trust.
  3. Step 3 — Check the qualifiers Passages drawn from company documents are compared against the original wording. Reporting language is carefully conditioned, and compressing it into something blunter changes its meaning. Where a company presents an adjusted figure alongside a statutory one, both are shown.
  4. Step 4 — Separate fact from interpretation Every sentence is classified as either a sourced fact or our interpretation. Interpretations are written as interpretations and labelled as such, so a reader can accept our facts while rejecting our reasoning.
  5. Step 5 — Read it as a beginner The draft is read by someone who did not write it, to find the points where the explanation assumes knowledge the reader may not have.
  6. Step 6 — Date and publish The guide is published with a publication date and a review date, so a reader can judge how current any description of a market rule or reporting standard is.

Corrections

We will make mistakes, particularly where market rules or reporting standards change after publication. Our approach is to correct openly rather than quietly.

To report an error, write to info@xinshitui.com with the page address and what you observed. You will receive a reply, including a straight answer if we disagree with you and why.

Independence and commercial arrangements

Editorial decisions are made solely by our editor and are not subject to approval by any commercial party. Our only revenue source is the optional paid consultation described on our services page, which concerns research method and never reaches conclusions about specific securities.

The site currently carries no advertising, sponsored content, paid placements or affiliate links. We do not accept payment or any other consideration from an issuer, broker, fund manager or product provider to be covered, to be left uncovered, or to have critical material softened. If any commercial arrangement is introduced, it will be disclosed on our disclosure page and labelled clearly on the affected content before publication.

Use of software tools

We may use software, including language-model tools, for tasks such as locating sections of long documents, reformatting tables we have already extracted, or checking our own drafts for clarity. These tools are used as aids, not as sources. No figure, quotation or claim is published on the basis of a tool's output alone: every one is verified against the original document by a person before publication, and responsibility for the accuracy of published content rests with our editor.

What we decline to publish

Photography and image credits

Photographs on this site are used to illustrate subject matter. They are sourced from Wikimedia Commons under the licence stated against each one, and we credit the photographer wherever the licence requires it. Images are not used to imply that any person or organisation shown endorses, is affiliated with, or has any connection to GreenValley, and no photograph on this site should be read as a statement about any company or security.

Image credits, by the section of the site where each is used
Used onPhotographer / sourceLicence
Home (hero) — Perth CBD from Elizabeth Quay–wuppertaler, Wikimedia CommonsCC BY 4.0
Home (panorama) — Perth from Kings ParkDietmar Rabich, Wikimedia CommonsCC BY-SA 4.0
Home, guides — financial statement reviewDave Dugdale, Wikimedia CommonsCC BY-SA 2.0
Home, guides — market data on screenWikimedia CommonsCC0
Home, guides — listed security price listStock Catalog, Wikimedia CommonsCC BY 2.0
Home, guides — historical share certificateOleg Yunakov, Wikimedia CommonsCC BY-SA 4.0
Home, services — discussion sceneRawpixel Ltd, Wikimedia CommonsCC BY 2.0
Services — consultation sceneRawpixel Ltd, Wikimedia CommonsCC BY 2.0
About — Elizabeth Quay, Perth–wuppertaler, Wikimedia CommonsCC BY 4.0
About — Perth CBD skylineKgbo, Wikimedia CommonsCC BY-SA 4.0
Contact — Perth CBD from Kings ParkKelapstick, Wikimedia CommonsCC BY-SA 3.0
Guides — annual report guideDave Dugdale, Wikimedia CommonsCC BY-SA 2.0
Guides — market data explainerWikimedia CommonsCC0
Guides — ASX structure explainerKlauskazamias, Wikimedia CommonsCC0
Editorial policy — workspaceAlessio Lin, Wikimedia CommonsCC0

Contact

Questions about this policy, or requests to see the source documents behind a published claim: info@xinshitui.com, or +61 665 514 5777 during business hours. Postal address: GreenValley, 2742 Elizabeth Street, Perth WA 3824, Australia.