Company Information

  

Address: SUITE F, 23RD FLOOR, BUILDING B
228 YANJIANG AVE, JIANGAN DISTRICT 
City: WUHAN CITY, HUBEI PROVINCE 
State:  
Zip Code: 430010 
Telephone: (86) 27 8274 0726 

Description of Business

Primary SIC Code: 0200
(As filed with the SEC)  

Since inception we have been engaged in the business of breeding, raising, and selling hogs in the Wuhan City area of the PRC. Commencing in 2013 we began distributing specialty processed black hog products under our self-developed trademark Xiduhei, through supermarkets and to restaurants, hotels and other outlets, and direct to consumers via the internet. In July 2014 as part of a diversification strategy we acquired companies engaged in the manufacture and marketing of electro-hydraulic servo-valves and the development of optical fiber hardware and software solutions for the security and protection industry. However, in the fourth quarter of 2015, we decided to focus on our hog farming operations, sell our operations in electro-hydraulic servo-valves and optical fiber based security & protection and seek to grow through internal expansion and acquisitions of businesses in the agricultural industry.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20180.17NA13.41
12/20170.14NA21.07
06/2017-0.16NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.02Total Liab/Total Assets0.04
Net Inc/Total Assets0.01Total Liab/Inv Cap0.04
Net Inc/Inv Cap0.01Total Liab/Comm Equity0.06
Pretax Inc/Net Sales0.04Interest Coverage RatioNA
Net Inc/Net Sales0.04Curr Debt/Equity0.04
Cash Flow/Net Sales0.19LTD/EquityNA
SG&A/NetSales0.12Total Debt/Equity0.04
Asset Utilization   Liquidity  
Net Receivables Turnover29.29Quick Ratio17.91
Inventory Turnover4.09Current Ratio19.52
Inventory Day Sales0.01Net Rec/Curr Assets0.01
Net Sales/Work Cap0.41Inv/Curr Assets0.08
Net Sales/PP&E1.35  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 7.23 7.31 6.79 6.22
Cost of Goods Sold 6.06 5.97 5.66 5.39
Selling & Admin Exps 0.98 0.73 0.77 0.78
Operating Income 0.18 0.61 0.37 0.06
Interest Exp NA NA NA NA
Pretax Income 0.20 0.63 0.39 0.06
Other Income 0.02 0.01 0.02 0.01
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 0.20 0.63 0.39 0.06

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 66.13 62.64 60.39 57.89
Receivables - Total 0.39 0.36 0.39 0.76
Inventories - Total 6.13 5.63 5.33 5.07
Total Current Assets 72.66 68.63 66.12 63.76
Net Property, Plant & Equipment 20.23 20.03 20.31 20.47
Total Assets 98.24 94.06 92.00 89.85
Liabilities        
Accounts Payable 0.02 0.00 0.02 0.02
Debt in Current Liabilities 3.81 3.51 3.47 3.54
Total Current Liabilities 3.83 3.52 3.49 3.56
Long-Term Debt NA NA NA NA
Total Liabilities 3.83 3.52 3.49 3.56
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.03 0.03 0.03 0.03
Retained Earnings 28.15 27.94 27.32 26.93
Treasury Stock NA NA NA NA
Total Stockholders' Equity 94.40 90.54 88.51 86.29
Total Liabilities and Stockholders' Equity 98.24 94.06 92.00 89.85

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 0.96 1.30 1.27 1.01
Net Cash Provided by Investing Activities 0.00 -0.10 0.00 0.00
Net Cash Provided by Financing Activities -0.00 -0.00 -0.01 -0.58

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201333.35-2.68--
12/201438.534.71--
12/201537.374.44--
12/201633.70-2.14--
12/201727.001.110.14
Growth Rates-5.14----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1811241.25




Report Date : 7/16/2018

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