China Tracker - Details for WSP Holdings (WH)

 WSP Holdings
Shares Outstanding (MRQ): 102.28 mill
New Shares / Dilution (TTM): -0.61 mill-0.59%
Cash (MRQ): 59.61 mill0.00%
Account Receivables (MRQ): 238.76 mill0.00%
Account Receivables (Q/Q): + 65.86 mill  
Long-Term Debt (MRQ): 236.81 mill0.00%
Revenue Growth (Q/Q): 120.17% 
Revenue Growth (Y/Y): -5.27%
Net Income Growth (Q/Q): N/A (LOSS) 
Net Income Growth (Y/Y): -238.29%
EPS Growth (Y/Y): -239.11%
Net Margin (Q/Q): -9.7% (-47.5%)37.80% 
Net Margin (Y/Y): -9.7% (6.6%)-16.30% 
EPS | P/E (2 MRQ Projection): -$0.820.00 
Price/Sales (2 MRQ Projection): 0.00
Price/Book (MRQ): 0.00 
Auditor: Deloitte Touche
* operating cash flow data not (yet) included
 Basic Facts and History (show more)
Reporting Type: Foreign Company (20-F Filings) 
Going Public: IPO on 2007-12-06 
IPO Price: $8.50 (-100.00% since IPO)

 Business Outlook

Following the recovery in shipments to both domestic and international markets towards the end of 2010, WSP Holdings began to see further improvement in its product selling prices in the beginning of 2011. The Company believes that it will show a further improvement in performance riding on the recovery of both sales volume and selling prices in 2011.

(Source: PR Newswire, 2011-05-26)

The Company expects that the trend of recovery in shipments seen in the second quarter of 2010 will continue into the second half of 2010, especially in the domestic market and through expansion into new international markets. The Company expects more than half of its revenues to be generated from the domestic market.

(Source: PR Newswire, 2010-08-17)

Despite the tough market environment that we have been facing recently, we see signs of improvement with the domestic prices of our products picking up while on the international front, we have been successful in our penetration efforts, tapping into new markets and securing new customers especially in Russia, Uzbekistan and South America. With the recovering momentum of global oil and gas drilling activity, we expect to see a recovery in our business sales volume and prices in the second half of 2010 from the current low level driven mostly by the domestic demand.

(Source: PR Newswire, 2010-05-25)

    see all Business Outlook notes

 Analyst Coverage (show more)
2010-11-30OppenheimerReiterationPerformn/a
2010-04-06OppenheimerDowngradePerformn/a

 Investor Presentations
2009-09-01 (HTML)   VIEW
WH
Oil & Gas
SCORE
-1
READ: Score Cards Explained
Current Price:  n/a
F10k Day (2007-12-06): -100.00%$8.54
2009 Close: -100.00%$3.11
2010 Close: -100.00%$1.34
2011 Close: -100.00%$2.10
High (2012-02-15): -100.00%$2.47
Low (2012-02-14): -100.00%$0.40
Exchange:
Market Capitalization: n/a
Total Shares: 102.28 mill
Float: n/a
Avg Volume: 65.10 k
Short Interest: 58.50 k
Short Ratio: 0.49%0.9 d
Last Quarter: 2010-06-30
Revenue (MRQ): 134.10 mill
Net Income (MRQ): -12.95 mill
all financial data provided without warranty