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
06/2017-0.16NAN/E
03/20170.12NA19.17
12/20160.12NA30.15
09/20160.22NA8.82
06/20162.24NA1.48

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.03Total Liab/Total Assets0.05
Net Inc/Total Assets-0.02Total Liab/Inv Cap0.05
Net Inc/Inv Cap-0.03Total Liab/Comm Equity0.07
Pretax Inc/Net Sales0.03Interest Coverage RatioNA
Net Inc/Net Sales-0.06Curr Debt/Equity0.05
Cash Flow/Net Sales0.30LTD/EquityNA
SG&A/NetSales0.12Total Debt/Equity0.05
Asset Utilization   Liquidity  
Net Receivables Turnover6.80Quick Ratio13.80
Inventory Turnover4.89Current Ratio15.15
Inventory Day Sales0.01Net Rec/Curr Assets0.02
Net Sales/Work Cap0.59Inv/Curr Assets0.09
Net Sales/PP&E1.60  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 6.22 6.68 7.19 7.84
Cost of Goods Sold 5.39 5.74 5.92 6.98
Selling & Admin Exps 0.78 0.91 0.93 0.95
Operating Income 0.06 0.03 0.34 -0.09
Interest Exp NA NA NA NA
Pretax Income 0.06 0.03 0.37 -1.78
Other Income 0.01 0.00 0.04 -1.69
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 0.06 0.03 0.36 -2.83

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 57.89 56.52 54.46 54.72
Receivables - Total 0.76 1.21 1.48 2.09
Inventories - Total 5.07 4.96 5.51 5.88
Total Current Assets 63.76 62.77 61.56 67.79
Net Property, Plant & Equipment 20.47 20.70 21.11 22.58
Total Assets 89.85 89.00 88.18 96.07
Liabilities        
Accounts Payable 0.02 0.02 0.01 0.04
Debt in Current Liabilities 3.54 4.18 4.06 5.78
Total Current Liabilities 3.56 4.20 4.06 8.20
Long-Term Debt NA NA NA NA
Total Liabilities 3.56 4.20 4.06 9.20
Stockholder's Equity        
Minority Interest NA NA 0.00 1.01
Preferred Stock NA NA NA NA
Common Stock 0.03 0.03 0.03 0.03
Retained Earnings 26.93 26.87 26.84 26.46
Treasury Stock NA NA NA NA
Total Stockholders' Equity 86.29 84.80 84.11 86.86
Total Liabilities and Stockholders' Equity 89.85 89.00 88.18 96.07

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities 1.01 1.64 0.06 2.73
Net Cash Provided by Investing Activities 0.00 0.00 1.85 -0.09
Net Cash Provided by Financing Activities -0.58 0.00 0.00 0.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201226.53-0.21--
12/201333.35-2.68--
12/201438.534.71--
12/201537.374.44--
12/201633.70-2.140.12
Growth Rates6.16----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1751061.33




Report Date : 10/16/2017

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