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. (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. Our common stock continues to be traded on the Nasdaq Capital Market, and our ticker symbol was changed from "ZHNE" to "DZSI" effective September 12, 2016.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/2017-0.61NAN/E
03/2017-1.15NAN/E
09/2016-4.85NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.17Total Liab/Total Assets0.54
Net Inc/Total Assets-0.11Total Liab/Inv Cap1.36
Net Inc/Inv Cap-0.26Total Liab/Comm Equity0.89
Pretax Inc/Net Sales-0.09Interest Coverage Ratio-15.68
Net Inc/Net Sales-0.10Curr Debt/Equity0.30
Cash Flow/Net Sales0.02LTD/Equity0.10
SG&A/NetSales0.18Total Debt/Equity0.40
Asset Utilization   Liquidity  
Net Receivables Turnover2.75Quick Ratio1.38
Inventory Turnover4.86Current Ratio1.84
Inventory Day Sales0.01Net Rec/Curr Assets0.51
Net Sales/Work Cap2.65Inv/Curr Assets0.25
Net Sales/PP&E23.90  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 66.44 59.94 52.11 59.47
Cost of Goods Sold 44.37 40.75 34.32 41.44
Selling & Admin Exps 11.45 10.45 10.60 10.66
Operating Income 1.66 -0.80 -2.53 -3.43
Interest Exp 0.26 0.26 0.27 0.23
Pretax Income 1.49 -0.78 -3.06 -3.72
Other Income 0.10 0.28 -0.26 0.25
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 1.40 -0.81 -3.75 -6.26

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 23.20 18.24 23.98 25.54
Receivables - Total 70.29 75.55 67.79 63.87
Inventories - Total 31.97 35.15 35.91 31.03
Total Current Assets 128.66 132.76 131.46 124.57
Net Property, Plant & Equipment 5.81 6.08 6.39 6.29
Total Assets 147.16 152.06 152.24 145.45
Liabilities        
Accounts Payable 45.65 51.26 46.36 46.21
Debt in Current Liabilities 23.62 23.43 27.66 19.64
Total Current Liabilities 71.34 77.54 76.29 67.75
Long-Term Debt 5.00 5.00 5.00 6.80
Total Liabilities 81.40 87.64 86.41 79.00
Stockholder's Equity        
Minority Interest 0.61 0.62 0.69 0.42
Preferred Stock NA NA NA NA
Common Stock 0.02 0.02 0.02 0.02
Retained Earnings -23.08 -24.48 -23.67 -19.92
Treasury Stock NA NA NA NA
Total Stockholders' Equity 65.76 64.42 65.83 66.45
Total Liabilities and Stockholders' Equity 147.16 152.06 152.24 145.45

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 6.19 -6.13 -0.68 -9.75
Net Cash Provided by Investing Activities -4.99 -2.04 1.10 -3.42
Net Cash Provided by Financing Activities -0.92 0.88 -1.79 -0.75

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012115.38-9.02--
12/2013122.254.31--
12/2014139.391.84--
12/2015139.20-3.34--
12/2016150.30-15.33--
Growth Rates6.83----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17281,4728.98




Report Date : 12/4/2017

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