China Tracker - Details for China Agri-Business (CHBU)

 China Agri-Business
Shares Outstanding (MRQ): 13.12 mill
New Shares / Dilution (TTM): 0.16 mill1.23%
Cash (MRQ): 13.15 mill11,394.10%
Account Receivables (MRQ): 0.09 mill81.11%
Account Receivables (Q/Q): -0.02 mill-20.23%
Long-Term Debt (MRQ): 0.10 mill86.39%
Revenue Growth (Q/Q): 6.22% 
Revenue Growth (Y/Y): 200.56%
Net Income Growth (Q/Q): 78.55% 
Net Income Growth (Y/Y): 253.44%
EPS Growth (Y/Y): 249.13%
Net Margin (Q/Q): 42.7% (25.4%)17.30% 
Net Margin (Y/Y): 42.7% (36.3%)6.40% 
EPS | P/E (2 MRQ Projection): $0.380.02
CFPS | P/CF (2 MRQ Projection): $0.420.02
Price/Sales (2 MRQ Projection): 0.01
Price/Book (MRQ): 0.01
Auditor: Michael T. Studer CPA
 
 Forward Projections (Fiscal Year)
EPS | P/E (Estimates updated 2011-04-03): $0.350.03
 Basic Facts and History (show more)
Reporting Type: U.S. Company (10-K Filings) 
Going Public: Reverse Merger on 2006-04-22 

 Business Outlook

COVERAGE TERMINATED (Going Dark)
Recent Chain of Events:
2012-03-30 -- Last SEC Filing
2011-11-21 -- Last Quarterly/Annual Report: Q3/FY2011 ended September 30, 2011

(Source: Trading China, 2012-09-30)

In December 2010, the Company decided to outsource the operation and ownership of its direct sales stores to subcontractors who bear the risk of operations of the stores, and stopped selling third party products in such branded stores. As a direct result of above change, our gross margin rate increased to 69% in the first half of year of 2011, an increase of 31 percentage points from 38% for the comparable period of 2010.

(Source: PR Newswire, 2011-08-24)

We believe that the increase in sales in 2010 was primarily attributable to the successful implementation of our "New Agriculture-Generator" campaign, which was designed to expand our distribution network and to establish a closer relationship with farmers through agricultural cooperatives in the rural areas of China. To better facilitate our further development, we outsourced our direct sales stores beginning from December 2010. We will refer our super chain stores and outsourced stores together as "Xinsheng Shiji Branded Stores". We not only provide our products to these Xinsheng Shiji Branded Stores, but also provide training and other support services to establish customer loyalty and to attract new customers.

(Source: PR Newswire, 2011-04-06)

    see all Business Outlook notes
CHBU
Agriculture
SCORE
16
UNDER REVIEW
READ: Score Cards Explained
SAFETY/RISK SCORE
HIGH RISK
DETAILS: Safety/Risk Model for CHBU
Current Price:  $0.01
F10k Day (2007-10-17): -99.42%$1.50
2009 Close: -97.86%$0.41
2010 Close: -99.49%$1.71
2011 Close: -96.62%$0.26
High (2012-02-02): -98.28%$0.51
Low (2012-08-27): -12.00%$0.01
Exchange: PNK
Market Capitalization: 0.12 mill
Total Shares: 13.12 mill
Float: n/a
Avg Volume: n/a
Last Quarter: 2010-12-31
Revenue (MRQ): 3.75 mill
Net Income (MRQ): 1.60 mill
Op. Cash Flow (MRQ): 1.78 mill
all financial data provided without warranty