Company Information

  

Address: BEIHUAN ROAD
JUNAN COUNTY 
City: SHANDONG 
State:  
Zip Code: 276600 
Telephone: (86) 539-7317959 

Description of Business

Primary SIC Code: 2030
(As filed with the SEC)  

We are an integrated food manufacturing company headquartered in Shandong Province, China. We develop, manufacture and sell the following types of food products: * Chestnut products; * Convenience foods (including ready-to-cook, or RTC, foods, ready-to-eat, or RTE, foods; and * Frozen food products. We conduct our production activities in China. Our products are sold in Chinese domestic markets as well as exported to foreign countries and regions such as Japan, South Korea and Europe. We derive most of our revenues from sales in China, Japan and South Korea.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/2018-1.79NAN/E
12/2017-2.05NAN/E
09/2017-2.36NAN/E
12/2016-2.28NAN/E
06/20160.11NA10.27
12/20150.11NA11.09
09/20150.01NA96.00
06/2015-0.07NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-1.35Total Liab/Total Assets1.04
Net Inc/Total Assets-1.14Total Liab/Inv Cap-1.08
Net Inc/Inv Cap1.18Total Liab/Comm Equity1.24
Pretax Inc/Net Sales-9.24Interest Coverage Ratio-10.58
Net Inc/Net Sales-15.32Curr Debt/Equity-18.18
Cash Flow/Net Sales-0.07LTD/EquityNA
SG&A/NetSales8.02Total Debt/Equity-18.18
Asset Utilization   Liquidity  
Net Receivables Turnover1.62Quick Ratio0.08
Inventory Turnover0.49Current Ratio0.21
Inventory Day Sales0.00Net Rec/Curr Assets0.14
Net Sales/Work Cap-0.08Inv/Curr Assets0.63
Net Sales/PP&E0.14  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 1.02 1.05 0.88 1.40
Cost of Goods Sold 0.90 1.98 0.25 1.72
Selling & Admin Exps 0.18 33.99 -1.40 -0.14
Operating Income -0.07 -34.93 2.02 -0.18
Interest Exp 0.00 2.65 -0.21 1.22
Pretax Income -0.07 -40.97 4.86 -1.27
Other Income -0.00 -3.39 2.63 0.13
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -0.06 -64.81 4.30 -2.03

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 0.30 0.09 0.93 1.03
Receivables - Total 2.58 2.34 2.06 1.45
Inventories - Total 10.46 10.59 23.06 23.60
Total Current Assets 18.90 16.94 50.51 54.22
Net Property, Plant & Equipment 18.53 37.48 64.60 63.76
Total Assets 72.77 68.49 141.42 144.70
Liabilities        
Accounts Payable 6.36 13.82 14.36 19.10
Debt in Current Liabilities 23.72 55.36 54.64 54.17
Total Current Liabilities 82.79 79.28 84.43 93.53
Long-Term Debt NA NA NA NA
Total Liabilities 75.04 71.53 90.13 99.41
Stockholder's Equity        
Minority Interest -7.74 -7.75 5.69 5.89
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.05 0.04 0.04 0.04
Retained Earnings -99.69 -99.63 -49.89 -54.20
Treasury Stock NA NA NA NA
Total Stockholders' Equity -2.28 -3.05 51.29 45.29
Total Liabilities and Stockholders' Equity 72.77 68.49 141.42 144.70

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities -1.47 -9.63 -2.29 4.53
Net Cash Provided by Investing Activities -0.00 10.10 2.63 -4.36
Net Cash Provided by Financing Activities 1.28 -0.48 -0.43 0.16

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013215.2817.690.48
12/2014217.554.410.11
12/2015140.71-2.690.11
12/201679.67-136.36-2.28
12/20175.11-78.31-2.05
Growth Rates-60.75----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18103160.49




Report Date : 7/16/2018

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