China Tracker - Safety/Risk Model (Stage One) for China Ceramics (CCCL)

 China Ceramics
 Going Public
Market Segment: NCM
Going Public: 2009-11-20SPAC 
 Auditor
Auditor: Grant Thornton
Number of Auditors (since Jan 1, 2009): 2 
Auditor Resignations (since Jan 1, 2009): none 
 Internal Controls
Internal Controls (Management): effective
Internal Controls (Audit): not performed 
Senior Management Changes (since Jan 1, 2009): 1 
Number of CFOs (since Jan 1, 2009): 1 
CFO Resignations (since Jan 1, 2009): none 
Main Shareholder (Wong Kung Tok): Chairman, CEO (Brother-in-law) 
Ownership Percentage: 32.70% 
 Analyst Coverage
Total Coverage: 1 Analyst(s) 
Tier 1 Firms: 0 Analyst(s) 
Tier 2/3 Firms: 1 Analyst(s) 
 Indicators
New Shares / Dilution (TTM): 8.09 million79.59%
Short Interest (2010-06-30): 0.27 million0.35% 
Account Receivables (MRQ): $52.03 million182.70%
 Recent Events
Delinquent with SEC Filings: NO 
Short Seller Attacks (Corporate Governance): NO 
Detailed Fraud Allegations: NO 
 
 Auditor History (since January 1, 2009)
2009-12-04Grant ThorntonAppointment
2009-12-04McGladrey & PullenDismissal
 Senior Management Trail (since January 1, 2009)
2009-11-20Hen Man EdmundCFOAppointment
CCCL
Construction
SAFETY/RISK SCORE
50%
MODERATE RISK
Detailed Score: 430/850
Current Price:  $1.56
F10k Day (2009-11-20): -84.00%$9.75
2009 Close: -81.21%$8.30
2010 Close: -80.08%$7.83
High (2012-03-12): -67.16%$4.75
Low (2012-10-03): 17.29%$1.33
Exchange: NCM
Market Capitalization: 28.48 mill
Total Shares: 18.25 mill
Float: 2,029,000.00 mill
Last Quarter: 2011-03-31
Revenue (MRQ): 46.83 mill
Net Income (MRQ): 9.30 mill
Op. Cash Flow (MRQ): -2.32 mill
all financial data provided without warranty