China Tracker - Details for China Dangdang (DANG)

 China Dangdang
Shares Outstanding (MRQ): 73.35 mill
New Shares / Dilution (TTM): 38.22 mill108.80%
Cash (MRQ): 256.35 mill52.71%
Account Receivables (MRQ): 2.70 mill0.55%
Account Receivables (Q/Q): + 0.72 mill  
Long-Term Debt (MRQ): NO DEBT
Revenue Growth (Q/Q): 18.83% 
Revenue Growth (Y/Y): 58.69%
Net Income Growth (Q/Q): -45.92% 
Net Income Growth (Y/Y): -25.21%
EPS Growth (Y/Y): -64.18%
Net Margin (Q/Q): 2.5% (5.4%)-2.90% 
Net Margin (Y/Y): 2.5% (5.2%)-2.80% 
EPS | P/E (2 MRQ Projection): $0.2132.29
CFPS | P/CF (2 MRQ Projection): $0.1066.62
Price/Sales (2 MRQ Projection): 1.23
Price/Book (MRQ): 2.27 
Auditor: Ernst & Young
 
 Forward Projections (Fiscal Year)
EPS | P/E (Estimates updated 2011-04-23): $0.1255.25
 Basic Facts and History (show more)
Reporting Type: Foreign Company (20-F Filings) 
Going Public: IPO on 2010-12-08 
IPO Price: $16.00 (-58.57% since IPO)

 Business Outlook

Dangdang expects its total net revenues in the third quarter of 2011 to be in the range of RMB916 million to RMB928 million, representing year-over-year growth in the range of 51% to 53%. "We believe the margin compression will be inevitable at the current stage as we expand our market presence beyond the media category and invest in the long-term growth opportunity of the overall B2C e-commerce market in China."

(Source: PR Newswire, 2011-08-16)

Dangdang expects its total net revenues in the second quarter of 2011 to be in the range of RMB779 million to RMB789 million, representing year-over-year growth in the range of 51% to 53%.

(Source: PR Newswire, 2011-05-20)

Dangdang expects its total net revenues in the first quarter of 2011 to be in the range of RMB 673.0 million to RMB 681.0 million, representing year-over-year growth in the range of 50% to 52%.

(Source: PR Newswire, 2011-03-09)

 Analyst Coverage (show more)
2011-08-17Goldman SachsReiterationNeutral$11.00
2011-08-17Morgan StanleyReiterationEqual Weightn/a
2011-08-16Piper JaffrayReiterationOverweight$16.00
2011-08-15Credit SuisseReiterationNeutral$15.50
2011-08-15CLSAReiterationUnderperform$12.60

DANG is currently followed by 9 analysts. 2 give the stock a positive rating, 6 rate it neutral and 1 give it a negative rating. The average price target is 17.35, which implies 161.68% upside from current price.


    see all Analyst Ratings
DANG
Retail/Consumer
SCORE
-1
READ: Score Cards Explained
SAFETY/RISK SCORE
MODERATE SAFETY
DETAILS: Safety/Risk Model for DANG
Current Price:  $6.63
F10k Day (2010-12-08): -77.84%$29.91
2010 Close: -75.51%$27.07
2011 Close: 50.68%$4.40
High (2012-04-10): -41.07%$11.25
Low (2012-10-19): 68.70%$3.93
Exchange: NYQ
Market Capitalization: 486.30 mill
Total Shares: 73.35 mill
Float: n/a
Avg Volume: 5.22 mill
Short Interest: 6.28 mill
Short Ratio: 90.34%1.2 d
Last Quarter: 2010-12-31
Revenue (MRQ): 107.71 mill
Net Income (MRQ): 2.64 mill
Op. Cash Flow (MRQ): 1.83 mill
all financial data provided without warranty