China Tracker - Details for Eastern Environment Solutions (EESC)

 WARNING: Form 15 filed with the SEC!
 Eastern Environment Solutions
Shares Outstanding (MRQ): 14.97 mill
New Shares / Dilution (TTM): 0.00 mill0.00%
Cash (MRQ): 1.89 mill0.00%
Account Receivables (MRQ): 5.45 mill0.00%
Account Receivables (Q/Q): -0.67 mill  
Long-Term Debt (MRQ): NO DEBT
Revenue Growth (Q/Q): 14.43% 
Revenue Growth (Y/Y): 1,078.11%
Net Income Growth (Q/Q): -18.10% 
Net Income Growth (Y/Y): 191.72%
EPS Growth (Y/Y): 191.72%
Net Margin (Q/Q): 29.5% (41.2%)-11.70% 
Net Margin (Y/Y): 29.5% (119.1%)-89.60% 
EPS | P/E (2 MRQ Projection): $0.470.00 
CFPS | P/CF (2 MRQ Projection): $0.820.00 
Price/Sales (2 MRQ Projection): 0.00
Price/Book (MRQ): 0.00 
Auditor: Friedman 
 
 Forward Projections (Fiscal Year)
EPS | P/E (Estimates updated 2010-10-31): $0.600.00 
 Basic Facts and History (show more)
Reporting Type: U.S. Company (10-K Filings) 
Going Public: Reverse Merger on 2006-10-20 

 Business Outlook

At March 31, 2011 we had no PET in inventory, as a result of which second quarter PET sales may lag the first quarter. For the future, however, we expect growth to continue. We plan to expand our waste processing operations by (a) pursuing strategic acquisitions, (b) developing additional landfills, and (c) implementing additional recycling technologies that will provide additional revenue sources, such as the sale of methane to the electric power industry. Given China's continuing growth, we believe there will be numerous market opportunities.

(Source: 10-Q Filing, 2011-05-16)

The sale of recovered PET bottles and bottle caps produced 69% of our revenue ($7,959,964) in the first nine months of 2010. In the third quarter, revenue increased from $452,533 to $4,659,194. For the future we expect growth to continue. Having now returned to operations, we will endeavor to expand our waste processing operations by (a) pursuing strategic acquisitions, (b) developing additional landfills, and (c) implementing additional recycling technologies that will provide additional revenue sources, such as the sale of methane to the electric power industry. Given China's continuing growth, we believe there will be numerous market opportunities.

Our operating subsidiary, Yifeng, has sufficient liquidity to fund its near-term operations and to fund the working capital demands of a modest expansion of its operations. In order to complete Phase II and Phase III of the Landfill project within the next six years, it will be necessary for us to obtain additional debt or equity financing. In addition, if we are to achieve critical mass in our industry by developing new landfills, we will require substantial infusions of capital.

(Source: 10-Q Filing, 2010-11-26)

We are pleased to have established our audit, compensation and nominating committees. This shows our commitment to meeting the highest standards of corporate governance. In addition to serving critical internal management and corporate governance functions, this development also satisfies another important prerequisite for listing our stock on a U.S. stock exchange.

(Source: Globe Newswire, 2010-07-06)

    see all Business Outlook notes

 Investor Presentations
2010-07-29 (Powerpoint)   DOWNLOAD (right click, save as)
EESC
Waste & Water Treatment
SCORE
8
UNDER REVIEW
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SAFETY/RISK SCORE
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DETAILS: Safety/Risk Model for EESC
Current Price:  n/a
F10k Day (2007-06-27): -100.00%$1.89
2009 Close: -100.00%$0.70
2010 Close: -100.00%$1.90
2011 Close: -100.00%$0.12
High (2012-02-22): -100.00%$0.20
Low (2012-07-26): -100.00%$0.02
Exchange:
Market Capitalization: n/a
Total Shares: 14.97 mill
Float: n/a
Avg Volume: n/a
Last Quarter: 2010-12-31
Revenue (MRQ): 5.33 mill
Net Income (MRQ): 1.57 mill
Op. Cash Flow (MRQ): 2.27 mill
all financial data provided without warranty