Company Information

  

Address: C/O JINJIANG HENGDA CERAMICS CO., LTD.
JUNBING INDUSTRIAL ZONE, ANHAI, JINJIANG 
City: FUJIAN PROVINCE, 
State:  
Zip Code: 00000 
Telephone: 86 (595) 8576 5051 

Description of Business

Primary SIC Code: 3250
(As filed with the SEC)  

Our principal PRC-based operating subsidiary, Hengda, was established on September 30, 1993 under the laws of the PRC. Hengda is a wholly foreign-owned enterprise in China. Our other PRC-based operating subsidiary, Hengdali, was established on May 4, 2008 under the laws of the PRC. All of the equity interests in Hengdali are 100% owned by Hengda. Stand Best was established on January 17, 2008 under the laws of Hong Kong. Stand Best acquired the entire shareholdings of Hengda on April 1, 2008 for consideration of RMB 58,980,000. As a result of this acquisition, Hengda became the wholly owned subsidiary of Stand Best. Success Winner was established on May 29, 2009 under the laws of British Virgin Islands with Mr. Wong Kung Tok as its sole shareholder and sole director.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/201529.44NA0.27

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-2104.82Total Liab/Total Assets0.17
Net Inc/Total Assets-0.35Total Liab/Inv Cap0.21
Net Inc/Inv Cap-0.42Total Liab/Comm Equity1038.86
Pretax Inc/Net Sales-0.40Interest Coverage Ratio-3790.92
Net Inc/Net Sales-0.41Curr Debt/EquityNA
Cash Flow/Net Sales-0.01LTD/EquityNA
SG&A/NetSales0.06Total Debt/EquityNA
Asset Utilization   Liquidity  
Net Receivables Turnover1.40Quick Ratio3.58
Inventory Turnover3.04Current Ratio4.92
Inventory Day Sales0.01Net Rec/Curr Assets0.73
Net Sales/Work Cap1.27Inv/Curr Assets0.27
Net Sales/PP&E6.08  

Income Statement (Millions)

  12/31/2016 12/31/2015 12/31/2014 12/31/2013
Total Revenues(Net Sales) 114.22 156.64 167.26 154.10
Cost of Goods Sold 118.55 137.32 150.42 145.17
Selling & Admin Exps 6.37 5.44 6.99 6.07
Operating Income -10.71 13.88 9.85 2.87
Interest Exp 0.01 0.62 0.73 0.69
Pretax Income -45.50 -52.23 -2.24 -0.61
Other Income -34.79 -65.48 -11.35 -2.78
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -46.31 -55.81 -4.89 -0.34

Balance Sheet (Millions)

Assets 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Cash & Short Term Investments 0.02 6.50 14.51 10.95
Receivables - Total 81.86 81.42 88.99 83.67
Inventories - Total 30.61 47.26 53.31 50.78
Total Current Assets 112.49 135.18 156.82 145.39
Net Property, Plant & Equipment 18.78 63.12 115.80 132.57
Total Assets 134.01 202.20 279.43 285.15
Liabilities        
Accounts Payable 22.85 28.44 32.21 33.99
Debt in Current Liabilities 0.00 6.17 13.65 16.46
Total Current Liabilities 22.86 34.62 45.86 50.45
Long-Term Debt 0.00 0.00 0.00 0.00
Total Liabilities 22.86 34.83 46.09 50.66
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.02 0.02 0.02 0.02
Retained Earnings NA NA NA NA
Treasury Stock NA NA NA NA
Total Stockholders' Equity 111.15 167.37 233.34 234.49
Total Liabilities and Stockholders' Equity 134.01 202.20 279.43 285.15

Cash Flow Summary (Millions)

Categories 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Net Cash Provided by Operating Activities -1.25 24.95 3.66 8.61
Net Cash Provided by Investing Activities 6.40 -27.22 2.09 -21.25
Net Cash Provided by Financing Activities -4.88 -7.32 -0.55 2.64

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012231.9139.14--
12/2013154.10-0.34--
12/2014167.26-4.89--
12/2015156.64-55.8129.44
12/2016114.22-46.31--
Growth Rates-16.23----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/176852.25




Report Date : 10/16/2017

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