China Tracker - Details for Shiner International (BEST)

 Shiner International
Shares Outstanding (MRQ): 27.94 mill
New Shares / Dilution (TTM): 3.32 mill13.48% 
New Shares / Dilution (since Dec 31, 2008): 3.29 mill13.35% 
Cash (MRQ): 8.62 mill0.00%
Account Receivables (MRQ): 10.01 mill0.00%
Account Receivables (Q/Q): + 0.15 mill1.57% 
Long-Term Debt (MRQ): NO DEBT
Revenue Growth (Q/Q): 14.91% 
Revenue Growth (Y/Y): 65.52%
Net Income Growth (Q/Q): -24.40% 
Net Income Growth (Y/Y): 542.77%
EPS Growth (Y/Y): 466.41%
Net Margin (Q/Q): 5.5% (8.4%)-2.90% 
Net Margin (Y/Y): 5.5% (1.4%)4.10% 
EPS | P/E (2 MRQ Projection): $0.160.00 
CFPS | P/CF (2 MRQ Projection): $0.340.00 
Price/Sales (2 MRQ Projection): 0.00
Price/Book (MRQ): 0.00 
Auditor: Goldman Parks Kurland Mohidin
 
 Forward Projections (Fiscal Year)
EPS | P/E (Estimates updated 2010-10-31): $0.160.00 
 Basic Facts and History (show more)
Reporting Type: U.S. Company (10-K Filings) 
Going Public: Reverse Merger on 2007-07-23 
Uplisting to Senior Exchange: on 2008-02-14 at $6.99 (-100.00% since Uplisting)

 Business Outlook

We continue to believe that our growth is based on the capability of our QC system and the production inspection system, which will enhance the safety of incoming raw material in order to satisfy the specified product shelf life at the end. We have been efficient in providing packaging solutions in order to meet the market demand for extending product shelf life. We currently plan to set up six sales facilities domestically and eight sales facilities worldwide. Overall, our healthy financial operations have encouraged us to continue to grow in the international marketplace. Our goal is to increase the sales volume both domestically and internationally. We have been working on the basic construction and sales network build up with the followings actions:

We have imported a state-of-the-art BOPP production line from Europe which is made to fit our capacity to produce high quality anti-counterfeiting film and coated film. Bank of China has provided us with financial support for this BOPP line purchase. We plan to install this BOPP line in the second quarter of 2011. This new production line will increase the production efficiency and the production quality to achieve the cost reduction measures needed to be more competitive in the marketplace. We have also established a sales company in Shanghai to provide service to the Chinese food packaging industry and to food processing manufacturers. With all of these efforts, we believe that we can be a leader in the increasing food packaging industry and grow in the international marketplace.

(Source: PR Newswire, 2011-05-16)

We are looking for acquisition opportunities that give us the ability to use or own advanced technologies, to control key raw materials, or to access large customers.

(Source: PR Newswire, 2010-12-29)

As we look forward to the end of the year, we expect earnings to be in line with our previous forecasts and currently estimate fiscal 2010 revenue of $53 million and net income of $4 million. A key driver of our overall growth continues to be stronger demand for advanced packaging under new food safety regulation in China and also constant demand for cost efficient packaging solution internationally. We anticipate opening six sales offices in China and eight more overseas in 2011 to take advantage of emerging opportunities both in China and internationally. Overall, we are encouraged by our strong performance in a difficult macroeconomic environment. Longer-term, we will continue to drive aggressive, international expansion.

(Source: PR Newswire, 2010-11-11)

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 Analyst Coverage (show more)
2011-05-20Roth CapitalReiterationBuy$2.00
2011-05-03Roth CapitalReiterationBuy$2.00
2011-03-25Roth CapitalReiterationBuy$2.00
2010-12-29Roth CapitalReiterationBuy$3.00
2010-11-16Roth CapitalReiterationBuy$3.00

BEST is currently followed by 2 analysts. Both give the stock a positive rating. The average price target is 2.50.


    see all Analyst Ratings

 Investor Presentations
2010-05-17 (HTML)   VIEW
2010-03-08 (HTML)   VIEW
BEST
Printing & Packaging
SCORE
6
READ: Score Cards Explained
SAFETY/RISK SCORE
MODERATE RISK
DETAILS: Safety/Risk Model for BEST
Current Price:  n/a
F10k Day (2007-08-20): -100.00%$2.25
2009 Close: -100.00%$1.40
2010 Close: -100.00%$1.36
2011 Close: -100.00%$0.40
High (2012-02-03): -100.00%$0.78
Low (2012-07-18): -100.00%$0.08
Exchange:
Market Capitalization: n/a
Total Shares: 27.94 mill
Float: n/a
Avg Volume: 30.90 k
Short Interest: 12.80 k
Short Ratio: 0.08%0.4 d
Last Quarter: 2010-12-31
Revenue (MRQ): 17.84 mill
Net Income (MRQ): 0.99 mill
Op. Cash Flow (MRQ): 3.92 mill
all financial data provided without warranty