Company Information

  

Address: 7195 OAKPORT STREET  
City: OAKLAND 
State: CA 
Zip Code: 94621 
Telephone: 510-777-7000 

Description of Business

Primary SIC Code: 3661
(As filed with the SEC)  

DASAN Zhone Solutions, Inc. (DZS, formerly known as Zhone Technologies, Inc.) was incorporated under the laws of the state of Delaware in June 1999. On September 9, 2016, we acquired Dasan Network Solutions, Inc. a California corporation (DNS) through the merger of a wholly owned subsidiary of Zhone Technologies, Inc. with and into DNS, with DNS surviving as our wholly owned subsidiary (the Merger). At the effective time of the Merger, all issued and outstanding shares of capital stock of DNS held by its sole shareholder, DASAN Networks, Inc. (DNI), were canceled and converted into the right to receive shares of our common stock in an amount equal to 58% of the issued and outstanding shares of our common stock immediately following the Merger. In connection with the Merger, Zhone Technologies, Inc. changed its name to DASAN Zhone Solutions, Inc.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20180.44NA22.18
03/20180.31NA36.90
12/20170.07NA132.29
09/2017-0.61NAN/E
03/2017-1.15NAN/E
09/2016-4.85NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.01Total Liab/Total Assets0.54
Net Inc/Total Assets0.01Total Liab/Inv Cap1.30
Net Inc/Inv Cap0.02Total Liab/Comm Equity0.95
Pretax Inc/Net Sales0.00Interest Coverage Ratio0.12
Net Inc/Net Sales0.00Curr Debt/Equity0.30
Cash Flow/Net Sales0.01LTD/Equity0.13
SG&A/NetSales0.18Total Debt/Equity0.43
Asset Utilization   Liquidity  
Net Receivables Turnover3.57Quick Ratio1.52
Inventory Turnover5.88Current Ratio1.88
Inventory Day Sales0.02Net Rec/Curr Assets0.56
Net Sales/Work Cap3.97Inv/Curr Assets0.19
Net Sales/PP&E42.08  

Income Statement (Millions)

  6/30/2018 3/31/2018 12/31/2017 9/30/2017
Total Revenues(Net Sales) 76.26 59.50 68.62 66.44
Cost of Goods Sold 53.09 37.77 46.31 45.05
Selling & Admin Exps 11.71 12.39 11.38 11.07
Operating Income 2.61 0.23 2.39 1.66
Interest Exp 0.56 0.32 0.23 0.26
Pretax Income 1.70 0.14 1.44 1.49
Other Income -0.35 0.23 -0.73 0.10
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 1.42 0.11 4.23 1.40

Balance Sheet (Millions)

Assets 6/30/2018 3/31/2018 12/31/2017 9/30/2017
Cash & Short Term Investments 37.73 33.28 29.90 23.20
Receivables - Total 92.42 86.68 74.41 70.29
Inventories - Total 38.19 32.71 25.34 31.97
Total Current Assets 172.48 159.10 133.31 128.66
Net Property, Plant & Equipment 5.43 5.63 5.87 5.81
Total Assets 196.92 184.80 159.13 147.16
Liabilities        
Accounts Payable 61.68 54.33 45.92 45.65
Debt in Current Liabilities 47.10 35.87 21.82 23.62
Total Current Liabilities 111.37 92.36 71.02 71.34
Long-Term Debt 6.80 12.90 9.79 5.00
Total Liabilities 123.16 110.39 85.89 81.40
Stockholder's Equity        
Minority Interest 0.52 0.60 0.53 0.61
Preferred Stock NA NA NA NA
Common Stock 0.02 0.02 0.02 0.02
Retained Earnings -16.99 -18.40 -18.85 -23.08
Treasury Stock NA NA NA NA
Total Stockholders' Equity 73.76 74.41 73.23 65.76
Total Liabilities and Stockholders' Equity 196.92 184.80 159.13 147.16

Cash Flow Summary (Millions)

Categories 6/30/2018 3/31/2018 12/31/2017 9/30/2017
Net Cash Provided by Operating Activities -1.88 -13.53 2.53 6.19
Net Cash Provided by Investing Activities -0.33 -0.09 1.20 -6.28
Net Cash Provided by Financing Activities 7.39 16.77 3.33 -0.92

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013122.254.31--
12/2014139.391.84--
12/2015139.20-3.34--
12/2016150.30-15.33--
12/2017247.111.070.07
Growth Rates19.24----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18502,57815.63




Report Date : 9/24/2018

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