China Tracker - Details for China Education Alliance (CEAI)

 China Education Alliance
Shares Outstanding (MRQ): 10.33 mill
New Shares / Dilution (TTM): -0.14 mill-1.32%
New Shares / Dilution (since Dec 31, 2008): 2.10 mill25.60% 
Cash (MRQ): 67.85 mill32,853.68%
Account Receivables (MRQ): 0.40 mill193.53%
Account Receivables (Q/Q): -0.03 mill-7.49%
Long-Term Debt (MRQ): NO DEBT
Revenue Growth (Q/Q): -43.64% 
Revenue Growth (Y/Y): -18.77%
Net Income Growth (Q/Q): -70.57% 
Net Income Growth (Y/Y): -83.61%
EPS Growth (Y/Y): -83.39%
Net Margin (Q/Q): 8.8% (16.8%)-8.00% 
Net Margin (Y/Y): 8.8% (43.4%)-34.70% 
EPS | P/E (2 MRQ Projection): $0.520.04
CFPS | P/CF (2 MRQ Projection): $0.310.06
Price/Sales (2 MRQ Projection): 0.01
Price/Book (MRQ): 0.00
Auditor: Sherb & Co.
 
 Forward Projections (Fiscal Year)
EPS | P/E (Estimates updated 2011-10-02): $0.900.02
 Basic Facts and History (show more)
Reporting Type: U.S. Company (10-K Filings) 
Going Public: Reverse Merger on 2004-09-15 
Uplisting to Senior Exchange: on 2009-07-20 at $4.95 (-99.60% since Uplisting)

 Business Outlook

"As a result of the unfounded allegations made against the Company at the end of 2010, we faced a difficult quarter with numerous challenges to retain our high-quality teachers and attract new students. Our business relies on our reputation in the market and these allegations hindered our business performance considerably. We implemented strategic promotional and marketing campaigns to improve our corporate brand image and to restore our reputation, and we are beginning to see a stabilization in the business." The Company expects full year 2011 total revenues to be between $47 million and $52 million.

(Source: PR Newswire, 2011-05-17)

Going forward, we will continue to develop and deliver high quality supplemental education resources and professional training programs. This will help us continue our business expansion and reaffirm our position as one of the leading education resource and service company in China.

(Source: PR Newswire, 2011-04-18)

China Education Alliance today announced that it has postponed its full year 2010 ended December 31, 2010, along with fourth quarter 2010 financial results earnings call previously scheduled for April 1, 2011 at 09:00 a.m. EDT to a later day in 2011 to be determined. The postponement was not due to any accounting irregularities. This postponement will allow more time for the Company and its independent auditors to complete their financial statements and audit works. The Company regrets any inconvenience that the postponement may have created.

(Source: PR Newswire, 2011-03-31)

    see all Business Outlook notes

 Analyst Coverage (show more)
2011-01-21Rodman & RenshawDowngradeTerminatedn/a
2010-12-07Rodman & RenshawDowngradeUnder Reviewn/a
2010-11-10Rodman & RenshawReiterationOutperform$9.00
2010-11-09Hudson SecuritiesReiterationBuy$8.00
2010-11-04Rodman & RenshawReiterationOutperform$9.00

CEAI is currently followed by 2 analysts. Both give the stock a positive rating. The average price target is 11.00, which implies 54,900.00% upside from current price.


    see all Analyst Ratings

 Recent Financings
2009-09-30Priced$17.39 mill3.16 mill shares$5.50

 Investor Presentations
2010-03-01 (PDF)   DOWNLOAD (right click, save as)
CEAI
Education
SCORE
9
READ: Score Cards Explained
SAFETY/RISK SCORE
HIGH RISK
DETAILS: Safety/Risk Model for CEAI
Current Price:  $0.02
F10k Day (2006-08-30): -99.39%$3.24
2009 Close: -99.68%$6.12
2010 Close: -99.21%$2.53
2011 Close: -96.73%$0.61
High (2012-04-17): -98.72%$1.56
Low (2012-07-23): -92.86%$0.28
Exchange: PNK
Market Capitalization: 0.21 mill
Total Shares: 10.33 mill
Float: n/a
Avg Volume: n/a
Last Quarter: 2011-03-31
Revenue (MRQ): 7.00 mill
Net Income (MRQ): 0.61 mill
Op. Cash Flow (MRQ): 1.16 mill
all financial data provided without warranty