China Tracker - Safety/Risk Model (Stage One) for China Dangdang (DANG)

 China Dangdang
 Going Public
Market Segment:
Going Public: 2010-12-08IPO
Lead Underwriter: Credit Suisse
 Auditor
Auditor: Ernst & Young
Number of Auditors (since Jan 1, 2009): 1 
Auditor Resignations (since Jan 1, 2009): none 
 Internal Controls
Internal Controls (Management): not 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 (Guoqing Li): CEO 
Ownership Percentage: 40.00% 
 Analyst Coverage
Total Coverage: 9 Analyst(s)
Tier 1 Firms: 3 Analyst(s)
Tier 2/3 Firms: 5 Analyst(s) 
 Indicators
New Shares / Dilution (TTM): 38.22 million108.80%
Short Interest (2010-06-30): 6.28 million90.34%
Account Receivables (MRQ): $2.70 million0.55%
 Recent Events
Delinquent with SEC Filings: NO 
Short Seller Attacks (Corporate Governance): NO 
Detailed Fraud Allegations: NO 
 
 Auditor History (since January 1, 2009)
2010-01-01Ernst & Young Hua MingAppointment
 Senior Management Trail (since January 1, 2009)
2010-03-01Conor Chia-hung YangCFOAppointment
DANG
Retail/Consumer
SAFETY/RISK SCORE
83%
MODERATE SAFETY
Detailed Score: 820/980
Current Price:  $6.63
F10k Day (2010-12-08): -77.84%$29.91
2010 Close: -75.51%$27.07
High (2012-04-10): -41.07%$11.25
Low (2012-10-19): 68.70%$3.93
Exchange: NYQ
Market Capitalization: 486.30 mill
Total Shares: 73.35 mill
Float: n/a
Last Quarter: 2010-12-31
Revenue (MRQ): 107.71 mill
Net Income (MRQ): 2.64 mill
Op. Cash Flow (MRQ): 1.83 mill
all financial data provided without warranty