Company Information

  

Address: 4TH FLOOR, 33 WANG HAI ROAD
XIAMEN SOFTWARE PARK PHASE II 
City: XIAMEN, FUJIAN PROVINCE 
State:  
Zip Code: 361000 
Telephone: 86 1365 5939 932 

Description of Business

Primary SIC Code: 2300
(As filed with the SEC)  

Our operating subsidiary in China, Fujian Xiniya, was established as a wholly foreign-owned enterprise on October 18, 2005. Mr. Hing Tuen Wong, a resident of Hong Kong and friend of our Founder, Chairman and Chief Executive Officer, Mr. Qiming Xu, was registered to be the sole shareholder of Fujian Xiniya. Mr. Wong and Mr. Xu had previously entered into contractual agreements in January 2005 and September 2005, respectively, both of which granted Mr. Xu effective control of Fujian Xiniya. Prior to the establishment of Fujian Xiniya, we operated our business through Shishi Xiniya, a company established in July 2000 that was controlled by Mr. Xu and his father. Upon the establishment of Fujian Xiniya, Shishi Xiniya ceased to conduct any business relating to the manufacturing and sale of garments and Mr. Xu and his father disposed of their equity interests in Shishi Xiniya to a third party.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/2016-3.52NAN/E
12/2015-6.08NAN/E
12/20134.48NA1.17

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.67Total Liab/Total Assets0.29
Net Inc/Total Assets-0.63Total Liab/Inv Cap0.29
Net Inc/Inv Cap-0.63Total Liab/Comm Equity0.30
Pretax Inc/Net SalesNAInterest Coverage RatioNA
Net Inc/Net SalesNACurr Debt/EquityNA
Cash Flow/Net SalesNALTD/EquityNA
SG&A/NetSalesNATotal Debt/EquityNA
Asset Utilization   Liquidity  
Net Receivables TurnoverNAQuick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&ENA  

Income Statement (Millions)

  12/31/2016 12/31/2015 12/31/2014 12/31/2013
Total Revenues(Net Sales) 0.00 0.00 0.00 218.18
Cost of Goods Sold 0.00 0.00 0.00 154.06
Selling & Admin Exps 0.57 0.58 0.89 44.84
Operating Income -0.57 -0.58 -0.89 19.28
Interest Exp NA NA NA NA
Pretax Income -0.50 -0.31 -0.71 22.50
Other Income 0.08 0.27 0.18 3.22
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -49.69 -92.45 -27.51 16.05

Balance Sheet (Millions)

Assets 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Cash & Short Term Investments NA 31.32 158.78 133.21
Receivables - Total 0.00 100.05 54.25 98.69
Inventories - Total 0.00 2.21 15.76 5.29
Total Current Assets 0.00 140.67 247.84 272.01
Net Property, Plant & Equipment 78.53 0.59 0.86 1.54
Total Assets 78.53 143.95 259.98 276.43
Liabilities        
Accounts Payable 0.08 9.30 13.25 12.12
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities 0.08 31.26 45.42 28.62
Long-Term Debt NA NA NA NA
Total Liabilities 22.70 31.26 45.42 28.62
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.01 0.01 0.01 0.01
Retained Earnings -34.08 16.70 114.25 145.12
Treasury Stock NA NA NA NA
Total Stockholders' Equity 55.83 112.69 214.56 247.81
Total Liabilities and Stockholders' Equity 78.52 143.95 259.98 276.43

Cash Flow Summary (Millions)

Categories 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Net Cash Provided by Operating Activities -4.94 -111.35 18.21 -36.97
Net Cash Provided by Investing Activities -19.30 -9.03 10.59 -10.88
Net Cash Provided by Financing Activities NA NA NA NA

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012222.0928.16--
12/2013218.1816.054.48
12/20140.00-27.51--
12/20150.00-92.45-6.08
12/20160.00-49.68-3.52
Growth Rates-100.00----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1762,9161.28




Report Date : 10/16/2017

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