Company Information

  

Address: NO. 678 DINGXIANG ROAD
BINHAI INDUSTRIAL PARK 
City: WENZHOU 
State:  
Zip Code: 325025 
Telephone: 8657786852999 

Description of Business

Primary SIC Code: 3490
(As filed with the SEC)  

Incorporated on May 13, 2015, under the laws of the British Virgin Islands ("BVI"), we primarily conduct our business through our subsidiary Zhejiang Zhengkang. Our core business focuses on providing systematic solutions to construction projects that require sophisticated piping systems. Leveraging our experience in the industry, we offer urban planners and real estate developers sophisticated pipe and fitting products and engineering expertise, enabling them to bring communities reliable and durable gas and water transmission systems. Our products are primarily sold in China, but are also exported and distributed in Europe and Southeast Asia. We have received numerous awards and recognitions domestically and internationally. Located within the Wenzhou Binhai Industrial Park, a national economic development zone, our facility occupies approximately five acres, consisting of business offices, manufacturing plants, a research and development center and storage facilities.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
There's no share overview data.

Key Financial Ratios and Statistics

FYE: 09/30

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.70Total Liab/Total Assets0.65
Net Inc/Total Assets0.10Total Liab/Inv Cap1288.58
Net Inc/Inv Cap189.44Total Liab/Comm Equity4.77
Pretax Inc/Net Sales0.15Interest Coverage Ratio6.56
Net Inc/Net Sales0.13Curr Debt/Equity1.01
Cash Flow/Net Sales0.03LTD/EquityNA
SG&A/NetSales0.08Total Debt/Equity1.01
Asset Utilization   Liquidity  
Net Receivables Turnover1.45Quick Ratio1.12
Inventory Turnover3.86Current Ratio1.38
Inventory Day Sales0.01Net Rec/Curr Assets0.60
Net Sales/Work Cap3.01Inv/Curr Assets0.18
Net Sales/PP&E7.96  

Income Statement (Millions)

  9/30/2017 9/30/2016 9/30/2015
Total Revenues(Net Sales) 44.95 36.81 34.99
Cost of Goods Sold 31.84 25.33 24.81
Selling & Admin Exps 3.70 2.56 1.64
Operating Income 8.08 7.62 7.61
Interest Exp 1.25 1.42 1.91
Pretax Income 6.93 6.41 5.96
Other Income 0.09 0.21 0.27
Net Income Bef Extraordinary ... NA NA NA
Net Income 5.87 5.25 5.01

Balance Sheet (Millions)

Assets 9/30/2017 9/30/2016 9/30/2015
Cash & Short Term Investments 11.81 3.36 3.81
Receivables - Total 32.89 29.06 19.59
Inventories - Total 10.05 6.44 5.96
Total Current Assets 54.75 38.86 29.35
Net Property, Plant & Equipment 5.65 5.91 6.52
Total Assets 61.17 45.55 36.70
Liabilities      
Accounts Payable 18.47 10.28 4.65
Debt in Current Liabilities 21.34 25.69 27.38
Total Current Liabilities 39.81 35.97 32.04
Long-Term Debt NA NA NA
Total Liabilities 39.96 36.06 32.06
Stockholder's Equity      
Minority Interest 0.15 0.09 0.02
Preferred Stock NA NA NA
Common Stock 0.00 0.00 0.00
Retained Earnings 10.98 5.70 1.03
Treasury Stock NA NA NA
Total Stockholders' Equity 21.22 9.49 4.64
Total Liabilities and Stockholders' Equity 61.17 45.55 36.70

Cash Flow Summary (Millions)

Categories 9/30/2017 9/30/2016 9/30/2015
Net Cash Provided by Operating Activities 1.15 -1.20 -2.78
Net Cash Provided by Investing Activities -0.16 -0.12 -0.29
Net Cash Provided by Financing Activities 9.97 0.84 2.74

Annual Summary Data (Millions)

Year Sales Net Income EPS
09/201534.995.01--
09/201636.815.25--
09/201744.955.87--
Growth Rates13.358.30--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/185270.21




Report Date : 7/17/2018

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