China Tracker - Details for China Direct Industries (CDII)

 China Direct Industries
Shares Outstanding (MRQ): 40.33 mill 
New Shares / Dilution (TTM): 11.51 mill39.91%
New Shares / Dilution (since Dec 31, 2008): 16.84 mill71.68% 
Cash (MRQ): 10.26 mill4,626.62%
Account Receivables (MRQ): 25.89 mill11,669.37%
Account Receivables (Q/Q): + 5.84 mill29.16%
Long-Term Debt (MRQ): NO DEBT
Revenue Growth (Q/Q): 34.89% 
Revenue Growth (Y/Y): 78.48%
Net Income Growth (Q/Q): 1,499.82% 
Net Income Growth (Y/Y): N/A (BACK TO PROFITABILITY)
EPS Growth (Y/Y): N/A (BACK TO PROFITABILITY)
Net Margin (Q/Q): 7.5% (0.6%)6.90% 
Net Margin (Y/Y): 7.5% (-3.5%)11.00% 
EPS | P/E (2 MRQ Projection): $0.230.02
CFPS | P/CF (2 MRQ Projection): -$0.08-0.07
Price/Sales (2 MRQ Projection): 0.00
Price/Book (MRQ): 0.00
Auditor: Sherb & Co.
 
 Forward Projections (Fiscal Year)
EPS | P/E (Estimates updated 2011-08-16): $0.300.02
 Basic Facts and History (show more)
Reporting Type: U.S. Company (10-K Filings) 
Going Public: Reverse Merger on 2006-08-16 
Uplisting to Senior Exchange: on 2007-09-24 at $5.20 (-99.90% since Uplisting)

 Business Outlook

As overall trends in our end-markets continue to improve and our revenue base has strengthened across all of our business segments, we now see revenue for the full 2011 fiscal year exceeding $200 million with net income of $12 million.

(Source: Marketwire, 2011-08-15)

China Direct Industries has entered into a definitive agreement to sell its 51% stake in Shanxi Pan Asia Magnesium Company for $3.05 million in cash to Bloomgain Investment Company, Ltd., a privately held British Virgin Island company. "We are pleased to recover a significant portion of a previously written off investment in Pan Asia as we continue to execute on our business plan and achieve substantial growth in our magnesium and basic materials operations both in China and the U.S."

(Source: PR Newswire, 2011-08-11)

As overall trends in our end-markets continue to improve and our revenue base has strengthened across all of our business segments, we see revenue for the full 2011 fiscal year of $180 to $200 million with net income of $12 million.

(Source: Marketwire, 2011-05-16)

    see all Business Outlook notes

 Analyst Coverage (show more)
2011-05-19Rodman & RenshawReiterationOutperform$3.00

 Recent Financings
2009-06-05Priced$9.49 mill6.20 mill shares$1.53

 Investor Presentations
2010-09-14 (HTML)   VIEW
CDII
Basic Materials
SCORE
6
READ: Score Cards Explained
SAFETY/RISK SCORE
HIGH RISK
DETAILS: Safety/Risk Model for CDII
Current Price:  $0.01
F10k Day (2007-01-18): -99.92%$6.18
2009 Close: -99.54%$1.18
2010 Close: -99.64%$1.51
2011 Close: -99.28%$0.76
High (2012-02-13): -99.45%$1.00
Low (2012-10-05): -96.57%$0.16
Exchange: PNK
Market Capitalization: 0.22 mill
Total Shares: 40.33 mill
Float: 20,026,000.00 mill
Avg Volume: 134.30 k
Short Interest: 652.30 k
Short Ratio: 2.28%4.9 d
Last Quarter: 2011-06-30
Revenue (MRQ): 57.02 mill
Net Income (MRQ): 4.29 mill
Op. Cash Flow (MRQ): 1.81 mill
all financial data provided without warranty