Company Information

  

Address: 18/F, 20TH BUILDING, 487 TIANLIN ROAD  
City: SHANGHAI 
State:  
Zip Code: 200233 
Telephone: 8621-51518888 

Description of Business

Primary SIC Code: 5900
(As filed with the SEC)  

We commenced operations in 1998 through Beijing Acorn Trade Co., Ltd., or Beijing Acorn, and in 2000, two other operating companies, Shanghai Network, and Shanghai Acorn Trade and Development Co., Ltd., or Shanghai Trade, were established and commenced business operations. Prior to January 1, 2005, our business was operated through Beijing Acorn, Shanghai Network and Shanghai Trade, including their subsidiaries. To enable us to raise equity capital from investors outside of China, we established a holding company structure by incorporating China DRTV Inc., or China DRTV, in the British Virgin Islands on March 4, 2004. Commencing on January 1, 2005, our business was conducted through China DRTV and its subsidiaries and affiliated entities. In connection with our initial public offering, we incorporated Acorn International in the Cayman Islands on December 20, 2005 as our listing vehicle.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20160.05NA160.00
12/2015-0.51NAN/E
12/2013-9.40NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.02Total Liab/Total Assets0.26
Net Inc/Total Assets0.03Total Liab/Inv Cap0.29
Net Inc/Inv Cap0.03Total Liab/Comm Equity0.24
Pretax Inc/Net Sales0.36Interest Coverage RatioNA
Net Inc/Net Sales0.14Curr Debt/EquityNA
Cash Flow/Net Sales-0.58LTD/EquityNA
SG&A/NetSales0.89Total Debt/EquityNA
Asset Utilization   Liquidity  
Net Receivables Turnover9.59Quick Ratio1.91
Inventory Turnover2.95Current Ratio2.16
Inventory Day Sales0.01Net Rec/Curr Assets0.05
Net Sales/Work Cap1.34Inv/Curr Assets0.12
Net Sales/PP&E1.77  

Income Statement (Millions)

  12/31/2016 12/31/2015 12/31/2014 12/31/2013
Total Revenues(Net Sales) 24.53 47.55 94.75 184.71
Cost of Goods Sold 11.97 34.89 56.92 92.49
Selling & Admin Exps 21.82 53.52 82.71 134.67
Operating Income -9.27 -40.86 -44.87 -42.45
Interest Exp 0.00 0.01 0.19 0.15
Pretax Income 8.87 -39.84 -42.92 -39.06
Other Income 18.14 1.03 2.14 3.55
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 3.44 -40.16 -44.33 -39.90

Balance Sheet (Millions)

Assets 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Cash & Short Term Investments 25.58 12.27 44.45 82.90
Receivables - Total 1.86 3.26 8.17 6.95
Inventories - Total 3.98 4.14 12.78 16.65
Total Current Assets 34.09 30.26 80.88 116.61
Net Property, Plant & Equipment 13.89 16.62 26.84 29.76
Total Assets 133.32 240.72 125.73 175.35
Liabilities        
Accounts Payable 15.41 17.01 24.03 27.79
Debt in Current Liabilities NA NA 8.51 1.15
Total Current Liabilities 15.79 17.56 33.20 29.72
Long-Term Debt NA NA NA 8.50
Total Liabilities 34.15 62.40 34.57 39.59
Stockholder's Equity        
Minority Interest 0.34 0.39 0.51 0.51
Preferred Stock NA NA NA NA
Common Stock 0.92 0.89 0.95 0.95
Retained Earnings -122.91 -126.35 -86.19 -41.86
Treasury Stock -21.64 -20.11 -20.11 -20.11
Total Stockholders' Equity 99.17 178.32 91.16 135.76
Total Liabilities and Stockholders' Equity 133.32 240.72 125.73 175.35

Cash Flow Summary (Millions)

Categories 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Net Cash Provided by Operating Activities -14.30 -22.33 -45.63 2.47
Net Cash Provided by Investing Activities 28.69 9.40 -1.71 -13.87
Net Cash Provided by Financing Activities -1.53 -8.90 0.00 -0.20

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012242.57-17.93--
12/2013184.71-39.90-9.40
12/201494.75-44.33--
12/201547.55-40.16-0.51
12/201624.533.440.05
Growth Rates-43.61----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/176110.02




Report Date : 10/23/2017

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