China Tracker - Details for Worldwide Energy and Mfg (WEMU)

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 Worldwide Energy and Mfg
Shares Outstanding (MRQ): 5.66 mill
New Shares / Dilution (TTM): 2.08 mill58.11%
Cash (MRQ): 8.47 mill0.00%
Account Receivables (MRQ): 25.49 mill0.00%
Account Receivables (Q/Q): + 2.76 mill12.14% 
Long-Term Debt (MRQ): NO DEBT
Revenue Growth (Q/Q): 11.81% 
Revenue Growth (Y/Y): 139.29%
Net Income Growth (Q/Q): N/A (BACK TO PROFITABILITY) 
Net Income Growth (Y/Y): 20.25%
EPS Growth (Y/Y): -23.94%
Net Margin (Q/Q): 2.4% (-0.4%)2.80% 
Net Margin (Y/Y): 2.4% (4.9%)-2.40% 
EPS | P/E (2 MRQ Projection): $0.330.00 
CFPS | P/CF (2 MRQ Projection): -$2.670.00 
Price/Sales (2 MRQ Projection): 0.00
Price/Book (MRQ): 0.00 
Auditor: Windes & McClaughry 
 Forward Projections (Fiscal Year)
EPS | P/E (Estimates updated 2010-10-31): $0.250.00 
 Basic Facts and History (show more)
Reporting Type: U.S. Company (10-K Filings) 
Going Public: Other on 2003-11-04 

 Business Outlook

Recent Chain of Events:
2012-05-16 -- SEC Registration REVOKED
2011-05-30 -- CFO Appointment
2011-04-26 -- CFO Resignation
2011-04-25 -- CEO Appointment
2011-04-25 -- CEO Fired
2011-02-19 -- CFO Appointment
2011-02-19 -- CFO Resignation
2010-11-22 -- Last Quarterly/Annual Report: Q3/FY2010 ended September 30, 2010

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

The delay in filing its Form 10-K is due to the review of agreements concerning the transfer of 48.9% ownership of the Company's subsidiary, Worldwide Energy & Manufacturer (Nantong) Co., that could affect reported 2010 financial results. As previously described in its Annual Report on Form 10-K for the fiscal year ended December 31, 2009, the Company had been in negotiations with the Solar Division management team regarding the transfer of equity ownership of Nantong. In 2010 and 2011, the Company signed certain agreements concerning the transfer of 48.9% ownership of Nantong to the management of Nantong. The Company's audit committee is currently conducting an independent review of the transaction.

(Source: Marketwire, 2011-05-04)

Worldwide Energy & Manufacturing USA announced today that it expects fiscal year 2010 revenues to come in at the high end of its guidance based on the year-end sales strength that the Company is experiencing. On December 7, 2010, Worldwide provided revenue guidance of between $160 million to $165 million for fiscal year 2010, a record for the Company. The update to the Company's revenue estimate is based on the strength it sees from contracts and commitments, primarily from its Solar Division. The Company's 'AmeriSolar' brand of photovoltaic solar modules continues to capture increasing market share globally and is building momentum and gaining recognition.

(Source: Marketwire, 2010-12-29)

    see all Business Outlook notes

 Analyst Coverage (show more)
2010-06-16Red ChipReiterationBuy$7.00
2009-12-22Red ChipUpgradeSpeculative Buy$8.00

 Investor Presentations
2010-07-21 (Powerpoint)   DOWNLOAD (right click, save as)

READ: Score Cards Explained
Current Price:  n/a
F10k Day (2005-03-17): -100.00%$6.30
2009 Close: -100.00%$5.50
2010 Close: -100.00%$2.97
2011 Close: -100.00%$0.37
High (2012-02-06): -100.00%$0.34
Low (2012-04-24): -100.00%$0.11
Market Capitalization: n/a
Total Shares: 5.66 mill
Float: n/a
Avg Volume: n/a
Last Quarter: 2010-09-30
Revenue (MRQ): 44.55 mill
Net Income (MRQ): 1.09 mill
Op. Cash Flow (MRQ): -4.20 mill
all financial data provided without warranty