China Tracker - Details for General Steel Holdings (GSI)

 General Steel Holdings
Shares Outstanding (MRQ): 55.08 mill
New Shares / Dilution (TTM): 3.43 mill6.64%
New Shares / Dilution (since Dec 31, 2008): 19.70 mill55.68% 
Cash (MRQ): 89.31 mill0.00%
Account Receivables (MRQ): 69.06 mill0.00%
Account Receivables (Q/Q): + 22.89 mill  
Long-Term Debt (MRQ): 2.02 mill0.00%
Revenue Growth (Q/Q): 4.78% 
Revenue Growth (Y/Y): 57.88%
Net Income Growth (Q/Q): -227.25% 
Net Income Growth (Y/Y): N/A (LOSS) 
EPS Growth (Y/Y): N/A (LOSS) 
Net Margin (Q/Q): -0.2% (0.2%)-0.30% 
Net Margin (Y/Y): -0.2% (-3.0%)2.80% 
EPS | P/E (2 MRQ Projection): -$0.010.00 
CFPS | P/CF (2 MRQ Projection): -$0.270.00 
Price/Sales (2 MRQ Projection): 0.00
Price/Book (MRQ): 0.00 
Auditor: PricewaterhouseCoopers
 
 Forward Projections (Fiscal Year)
EPS | P/E (Estimates updated 2010-10-31): $0.050.00 
 Basic Facts and History (show more)
Reporting Type: U.S. Company (10-K Filings) 
Going Public: Reverse Merger on 2004-10-14 
Uplisting to Senior Exchange: on 2007-09-28 at $7.02 (-100.00% since Uplisting)

 Business Outlook

We are confident in the Company's ability to improve margins and generate sustainable profitability going forward.

(Source: PR Newswire, 2011-08-15)

Housing and infrastructure construction activity has been steadily increasing since the beginning of the second quarter, and is expected to continue to increase as the year progresses. We are confident that our new capacity, improved sourcing capabilities and ongoing initiatives to further improve organizational efficiency position the Company well for profitable growth as we move forward.

(Source: PR Newswire, 2011-05-10)

The steel market in China is poised for continued strong growth, driven by ongoing investment in infrastructure, housing and transportation, with China's Western region presenting a virtual great opportunity for construction and development. In addition to the favorable market climate, we believe that government initiatives targeting improvement in the efficiency, profitability and environmental responsibility of China's steel industry will be highly conducive to General Steel's further expansion. In line with these initiatives, we are highly focused on driving growth by optimizing our current facilities' capabilities, creating additional efficiencies and through our capacity expansion. In addition to organic growth, our proven, effective approach to M&A which aligns the interests of the Central and Provincial governments, as well as local companies, positions GSI to be a leader in the ongoing consolidation of our industry. We believe we are well positioned in the market, with the right strategy and the resources necessary to continue building our business, expanding our margins, improving our bottom line and increasing shareholder value.

(Source: PR Newswire, 2011-03-16)

    see all Business Outlook notes

 Analyst Coverage (show more)
2011-08-18Rodman & RenshawDowngradeUnder Reviewn/a
2011-06-01Rodman & RenshawReiterationOutperform$4.00
2011-06-01TripointInitiationHoldn/a
2011-05-12Rodman & RenshawReiterationOutperform$4.00
2011-03-16Rodman & RenshawReiterationOutperform$4.00

GSI is currently followed by 4 analysts. 1 give the stock a positive rating, 2 rate it neutral and 1 give it a negative rating.


    see all Analyst Ratings

 Recent Financings
2009-12-24Priced$25.00 mill5.56 mill shares$4.50
2009-01-25Filing$60.00 mill--

 Investor Presentations
2011-03-04 (HTML)   VIEW
2010-03-16 (HTML)   VIEW
GSI
Steel
SCORE
3
UNDER REVIEW
READ: Score Cards Explained
SAFETY/RISK SCORE
MODERATE RISK
DETAILS: Safety/Risk Model for GSI
Current Price:  n/a
F10k Day (2005-03-09): -100.00%$1.00
2009 Close: -100.00%$4.41
2010 Close: -100.00%$2.87
2011 Close: -100.00%$0.99
High (2012-09-10): -100.00%$1.40
Low (2012-08-09): -100.00%$0.56
Exchange:
Market Capitalization: n/a
Total Shares: 55.08 mill
Float: n/a
Avg Volume: 123.00 k
Short Interest: 1.51 mill
Short Ratio: 4.60%12.2 d
Last Quarter: 2011-03-31
Revenue (MRQ): 501.48 mill
Net Income (MRQ): -0.95 mill
Op. Cash Flow (MRQ): 54.63 mill
all financial data provided without warranty