Company Information

  

Address: BOHAI INDUSTRIAL PARK
YANGKOU TOWN 
City: SHOUGUANG, SHANDONG 
State:  
Zip Code: 262715 
Telephone: 86 536 545 1199 

Description of Business

Primary SIC Code: 2082
(As filed with the SEC)  

Shandong Borun, our predecessor company which had been controlled by our CEO, Mr. Wang and his father, Mr. Peiren Wang (together with Mr. Wang and Mrs. Shan Junqin ("Mrs. Wang"), the "Wang family"), since the incorporation of Shandong Borun, in December 2000, underwent a corporate reorganization between September and December 2008 for the purpose of facilitating investments into Shandong Borun by unrelated off-shore (non- PRC) private equity investors. In September 2008, Golden Direction Limited, or Golden Direction, beneficially owned by Mr. Wang's mother, Mrs. Wang, acquired the sole share (an ordinary share) of capital of China High, a Hong Kong holding company, from an unrelated party, and in October 2008 China High issued an additional 7,999 ordinary shares to Golden Direction in preparation for and pursuant to the reorganization. China High was previously incorporated in Hong Kong's Special Administrative Region on July 15, 2008.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20171.05NA1.20
12/20160.36NA3.72
03/20161.23NA1.14
12/20150.77NA1.90
12/20140.50NA2.57
12/20130.51NA4.90
12/20121.16NA1.33
12/20111.93NA1.62

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.38Total Liab/Total Assets0.36
Net Inc/Total Assets0.06Total Liab/Inv Cap0.70
Net Inc/Inv Cap0.11Total Liab/Comm Equity2.46
Pretax Inc/Net Sales0.11Interest Coverage Ratio4.56
Net Inc/Net Sales0.08Curr Debt/Equity0.34
Cash Flow/Net Sales0.07LTD/Equity0.14
SG&A/NetSales-0.03Total Debt/Equity0.49
Asset Utilization   Liquidity  
Net Receivables Turnover2.33Quick Ratio2.18
Inventory Turnover3.82Current Ratio2.69
Inventory Day Sales0.01Net Rec/Curr Assets0.49
Net Sales/Work Cap1.48Inv/Curr Assets0.19
Net Sales/PP&E2.79  

Income Statement (Millions)

  12/31/2017 12/31/2016 12/31/2015 12/31/2014
Total Revenues(Net Sales) 328.76 306.88 408.41 392.30
Cost of Goods Sold 292.98 280.68 365.32 350.32
Selling & Admin Exps -9.93 6.98 2.01 7.79
Operating Income 45.70 19.22 39.99 34.19
Interest Exp 10.15 7.58 15.49 17.41
Pretax Income 36.19 12.22 26.46 17.02
Other Income 0.64 0.58 1.95 0.24
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 27.14 9.17 19.84 12.77

Balance Sheet (Millions)

Assets 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Cash & Short Term Investments 111.83 114.44 92.94 143.91
Receivables - Total 174.80 106.86 141.61 106.00
Inventories - Total 66.67 86.72 67.58 80.07
Total Current Assets 353.74 308.50 302.63 330.72
Net Property, Plant & Equipment 117.64 126.09 152.21 176.67
Total Assets 490.97 453.36 475.94 531.16
Liabilities        
Accounts Payable 24.32 12.02 19.81 17.73
Debt in Current Liabilities 107.29 130.25 178.14 229.69
Total Current Liabilities 131.61 142.26 197.96 247.42
Long-Term Debt 45.24 42.19 0.00 13.54
Total Liabilities 176.85 184.45 197.96 260.96
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 216.00 179.51 183.29 173.15
Treasury Stock NA NA NA NA
Total Stockholders' Equity 314.13 268.91 277.99 270.20
Total Liabilities and Stockholders' Equity 490.97 453.36 475.94 531.16

Cash Flow Summary (Millions)

Categories 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Cash Provided by Operating Activities 21.55 23.01 10.91 11.41
Net Cash Provided by Investing Activities -0.15 0.02 -8.28 -12.65
Net Cash Provided by Financing Activities -31.71 20.09 -54.18 51.06

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013372.4813.140.51
12/2014392.3012.770.50
12/2015408.4119.840.77
12/2016306.889.170.36
12/2017328.7627.141.05
Growth Rates-3.0719.8919.79

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18146612.57




Report Date : 9/17/2018

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