China Tracker - Details for AutoChina International (AUTCF)

 AutoChina International
Shares Outstanding (MRQ): 20.06 mill
New Shares / Dilution (TTM): 6.61 mill49.14%
Cash (MRQ): 30.93 mill4.66%
Account Receivables (MRQ): 21.82 mill3.29%
Account Receivables (Q/Q): + 5.51 mill  
Long-Term Debt (MRQ): 43.10 mill6.49% 
Revenue Growth (Q/Q): 8.55% 
Revenue Growth (Y/Y): 3.82% 
Net Income Growth (Q/Q): 14.76% 
Net Income Growth (Y/Y): 35.71%
EPS Growth (Y/Y): -9.01%
Net Margin (Q/Q): 7.6% (7.2%)0.40% 
Net Margin (Y/Y): 7.6% (5.8%)1.80% 
EPS | P/E (2 MRQ Projection): $2.2114.99
CFPS | P/CF (2 MRQ Projection): -$4.02-8.23
Price/Sales (2 MRQ Projection): 1.11
Price/Book (MRQ): 2.89
Auditor: PricewaterhouseCoopers
 
 Forward Projections (Fiscal Year)
EPS | P/E (Estimates updated 2010-10-31): $2.2514.71
 Basic Facts and History (show more)
Reporting Type: U.S. Company (10-K Filings) 
Going Public: SPAC on 2009-04-09 
Uplisting to Senior Exchange: on 2009-10-05 at $12.00 (175.83% since Uplisting)

 Business Outlook

AutoChina International today announced that the Company is being investigated by the U.S. Securities and Exchange Commission (SEC), and expects to restate its previously issued financial statements for the year ended December 31, 2009, and subsequent periods to recognize a derivative liability relating to the Earn-out Share Provision, which was part of its initial business combination in 2009.

(Source: Business Wire, 2011-06-30)

AutoChina reiterates its previously announced financial guidance for 2011. The Company believes revenue from its commercial vehicle sales, servicing, leasing and support business will be between $900 million and $950 million and net income between $52 million and $57 million.

(Source: Business Wire, 2011-06-06)

The company expects to lease approximately 20,000 vehicles in 2011 and operate at least 500 stores by the end of 2011. The company believes revenue will be between $900 million and $950 million and net income between $52 million and $57 million for the year ending December 31, 2011. The company expects continued improvement in gross margin as finance and insurance revenues increase as a percentage of total revenues in each quarter.

"We were pleased with the steady growth throughout our operations in the fourth quarter, in addition to a number of exciting developments that we announced during the period. We continued to expand in southern China, opening 82 stores and leasing 3,076 vehicles during the fourth quarter. We also announced the establishment of a new financial leasing company and the conversion of our existing wholly foreign-owned enterprise into a financial leasing company. These two financial leasing companies will allow us to lease commercial vehicles directly to our customers and represent the first steps in the transition away from our VIE holding structure."

(Source: Business Wire, 2011-03-24)

    see all Business Outlook notes

 Analyst Coverage (show more)
2011-07-05DaiwaDowngradeSell$20.00
2011-07-01Rodman & RenshawDowngradeUnder Reviewn/a
2011-07-01ChardanDowngradeTerminatedn/a
2011-04-21ChardanDowngradeSuspendedn/a
2011-03-28Rodman & RenshawReiterationMarket Performn/a

AUTCF is currently followed by 2 analysts. All 2 give the stock a negative rating.


    see all Analyst Ratings

 Investor Presentations
2010-05-17 (HTML)   VIEW
2010-04-01 (PDF)   DOWNLOAD (right click, save as)
AUTCF
Automobiles
SCORE
-1
READ: Score Cards Explained
SAFETY/RISK SCORE
HIGH RISK
DETAILS: Safety/Risk Model for AUTCF
Current Price:  $33.10
F10k Day (2009-10-06): 180.50%$11.80
2009 Close: 50.59%$21.98
2010 Close: 27.94%$25.87
2011 Close: 57.61%$21.00
High (2012-02-06): 16.14%$28.50
Low (2012-08-23): 187.82%$11.50
Exchange: PNK
Market Capitalization: 663.99 mill
Total Shares: 20.06 mill
Float: 2,674,000.00 mill
Avg Volume: n/a
Last Quarter: 2010-12-31
Revenue (MRQ): 155.82 mill
Net Income (MRQ): 11.84 mill
Op. Cash Flow (MRQ): 22.21 mill
all financial data provided without warranty