Company Information

  

Address: NO 2266, HONGQIAO ROAD
CHANGNING DISTRICT 
City: SHANGHAI 200336 
State:  
Zip Code: - 
Telephone: (86) 21 6195-2011 

Description of Business

Primary SIC Code: 7011
(As filed with the SEC)  

Powerhill was incorporated in accordance with the laws of the British Virgin Islands in December 2003, and commenced operation with midscale limited service hotels and commercial property development and management in 2005. Limited service hotels do not contain restaurants and all amenities are provided by the staff at the front desk or housekeeping. Powerhill conducted its operations through three wholly-owned subsidiaries in the PRC, namely Shanghai HanTing Hotel Management Group, Ltd., or Shanghai HanTing, HanTing Xingkong (Shanghai) Hotel Management Co., Ltd., or HanTing Xingkong, and Lishan Property (Suzhou) Co., Ltd., or Suzhou Property. In August 2006, Suzhou Property transferred its equity interests in three leased hotels to Shanghai HanTing in exchange for Shanghai HanTing's equity interest in Shanghai Shuyu Co., Ltd., which was primarily engaged in the business of sub-leasing and managing real estate properties in technology parks.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20170.04NA902.69

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.35Total Liab/Total Assets0.63
Net Inc/Total Assets0.07Total Liab/Inv Cap0.81
Net Inc/Inv Cap0.09Total Liab/Comm Equity3.12
Pretax Inc/Net Sales0.20Interest Coverage Ratio19.42
Net Inc/Net Sales0.15Curr Debt/Equity0.02
Cash Flow/Net Sales0.30LTD/Equity0.76
SG&A/NetSales0.10Total Debt/Equity0.78
Asset Utilization   Liquidity  
Net Receivables Turnover18.00Quick Ratio1.56
Inventory Turnover256.46Current Ratio1.57
Inventory Day Sales0.65Net Rec/Curr Assets0.11
Net Sales/Work Cap3.92Inv/Curr Assets0.00
Net Sales/PP&E1.81  

Income Statement (Millions)

  12/31/2017 12/31/2016 12/31/2015 12/31/2014
Total Revenues(Net Sales) 1,254.64 940.88 889.28 800.25
Cost of Goods Sold 871.34 709.72 694.86 625.09
Selling & Admin Exps 130.85 95.51 84.90 82.37
Operating Income 220.75 125.32 92.58 62.76
Interest Exp 13.41 1.59 0.59 0.25
Pretax Income 246.99 155.04 98.38 66.67
Other Income 39.65 31.31 6.39 4.16
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 189.99 115.78 67.24 49.54

Balance Sheet (Millions)

Assets 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Cash & Short Term Investments 627.45 465.57 324.13 134.67
Receivables - Total 101.66 37.77 21.09 29.91
Inventories - Total 3.69 3.11 3.78 4.82
Total Current Assets 884.69 600.72 441.02 257.36
Net Property, Plant & Equipment 694.55 533.92 586.10 629.81
Total Assets 2,676.20 1,438.00 1,184.79 996.60
Liabilities        
Accounts Payable 416.72 275.99 270.91 194.47
Debt in Current Liabilities 20.09 42.92 50.00 0.00
Total Current Liabilities 564.57 426.81 429.57 277.36
Long-Term Debt 755.80 0.00 NA NA
Total Liabilities 1,687.46 661.02 656.56 478.07
Stockholder's Equity        
Minority Interest 5.46 2.38 1.64 0.28
Preferred Stock NA NA NA NA
Common Stock 0.03 0.03 0.03 0.03
Retained Earnings 422.87 260.76 155.16 136.56
Treasury Stock -16.48 -15.44 -16.53 0.00
Total Stockholders' Equity 988.74 776.98 528.23 518.53
Total Liabilities and Stockholders' Equity 2,676.20 1,438.00 1,184.79 996.60

Cash Flow Summary (Millions)

Categories 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Cash Provided by Operating Activities 376.63 297.33 271.42 234.37
Net Cash Provided by Investing Activities -1,031.37 26.44 -238.75 -171.37
Net Cash Provided by Financing Activities 696.58 -38.30 33.79 3.50

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013688.5946.23--
12/2014800.2549.54--
12/2015889.2867.24--
12/2016940.88115.78--
12/20171,254.64189.990.04
Growth Rates16.1842.38--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18271110,05837.83




Report Date : 9/17/2018

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