China Tracker - Safety/Risk Model (Stage One) for Keyuan Petrochemicals (KEYP)

 Keyuan Petrochemicals
 Going Public
Market Segment:
Going Public: 2010-04-22Reverse Merger
 Auditor
Auditor: GHP Horwath
Number of Auditors (since Jan 1, 2009): 3
Auditor Resignations (since Jan 1, 2009): 1
 Internal Controls
Internal Controls (Management): not effective
Internal Controls (Audit): not performed 
Senior Management Changes (since Jan 1, 2009): 2 
Number of CFOs (since Jan 1, 2009): 2 
CFO Resignations (since Jan 1, 2009): none 
Main Shareholder (Chunfeng Tao): Chairman, CEO 
Ownership Percentage: 33.35% 
 Analyst Coverage
Total Coverage: no coverage
 Indicators
New Shares / Dilution (TTM): 36.12 million165.52%
Short Interest (2010-06-30): 0.03 million0.40% 
Account Receivables (MRQ): $3.29 million1,535.62%
 Recent Events
Delinquent with SEC Filings: NO 
Short Seller Attacks (Corporate Governance): YES
Detailed Fraud Allegations: NO 
 
 Auditor History (since January 1, 2009)
2011-07-05GHP HorwathAppointment
2011-05-24KPMGResignation
2011-01-17KPMGAppointment
2011-01-17Patrizio & ZhaoDismissal
2010-04-22Patrizio & ZhaoAppointment
 Senior Management Trail (since January 1, 2009)
2010-05-07Aichun (Angela) LiCFOAppointment
2010-05-07Chunfeng TaoCFODismissal
2010-04-22Chunfeng TaoCFOAppointment
KEYP
Oil & Gas
SAFETY/RISK SCORE
15%
EXTREME RISK
Detailed Score: 127.5/830
Current Price:  $0.00
F10k Day (2010-05-07): -99.92%$4.50
2010 Close: -99.92%$4.34
High (2012-02-15): -99.84%$2.20
Low (2012-09-06): -99.26%$0.50
Exchange: PNK
Market Capitalization: 0.21 mill
Total Shares: 57.95 mill
Float: 381,000.00 mill
Last Quarter: 2010-09-30
Revenue (MRQ): 151.34 mill
Net Income (MRQ): 7.89 mill
Op. Cash Flow (MRQ): -3.97 mill
all financial data provided without warranty