China Tracker - Details for China Jo-Jo Drugstores (CJJD)

 China Jo-Jo Drugstores
Shares Outstanding (MRQ): 13.52 mill
New Shares / Dilution (TTM): 3.52 mill35.19%
New Shares / Dilution (since Dec 31, 2008): 5.62 mill71.13% 
Cash (MRQ): 6.85 mill29.31% 
Account Receivables (MRQ): 3.48 mill14.88% 
Account Receivables (Q/Q): + 1.87 mill115.84%
Long-Term Debt (MRQ): 0.31 mill1.33%
Revenue Growth (Q/Q): 15.08% 
Revenue Growth (Y/Y): 20.90% 
Net Income Growth (Q/Q): 23.60% 
Net Income Growth (Y/Y): -19.97%
EPS Growth (Y/Y): -40.80%
Net Margin (Q/Q): 11.7% (10.9%)0.80% 
Net Margin (Y/Y): 11.7% (17.7%)-6.00% 
EPS | P/E (2 MRQ Projection): $0.573.05
CFPS | P/CF (2 MRQ Projection): -$0.97-1.78
Price/Sales (2 MRQ Projection): 0.35
Price/Book (MRQ): 0.60
Auditor: Friedman
 
 Forward Projections (Fiscal Year)
EPS | P/E (Estimates updated 2011-02-15): $0.602.88
 Basic Facts and History (show more)
Reporting Type: U.S. Company (10-K Filings) 
Going Public: Reverse Merger on 2009-09-28 
Uplisting to Senior Exchange: on 2010-04-22 at $6.25 (-72.32% since Uplisting)

 Business Outlook

We are continuing to make progress towards our long-term goal to become vertically integrated. Specifically, we are in the process of acquiring a medical distributor and expect to close on the transaction in the second fiscal quarter; we plan to begin selling our own traditional Chinese medicines in Spring 2012; and we are selling through our online drugstore. We believe these initiatives will help us drive growth and build long-term shareholder value.

(Source: Business Wire, 2011-08-15)

In light of the challenging environment and the addition of more competitors into the marketplace, we are focusing on strategies to drive traffic, increase conversion and build greater awareness of our stores. This includes implementing local promotions, expanding our customer loyalty program, utilizing in-store manufacturer representatives to enhance the customer experience and providing value-added services. In fiscal year 2012, we expect to open additional locations in both Zhejiang Province and Shanghai, and plan to continue to develop our internet drugstore. We are continuing to build market share and drive growth through new store openings, while at the same time focusing on strategic initiatives that will strengthen our competitive position and enable us to operate more efficiently over the long-term.

During fiscal year 2012, the Company expects to open 20 new stores. As of June 27, 2011, the Company operated 55 stores.

(Source: Business Wire, 2011-06-30)

The Company expects to have 60 locations open by the close of its 2011 fiscal year ending March 30, 2011. Total revenue for the year is expected to be between $68.0 million and $70.0 million and basic and diluted earnings per share are expected to be in the range of $0.62 to $0.64. During fiscal year 2012, the Company expects to open between 20-30 new stores.

(Source: Business Wire, 2011-02-15)

    see all Business Outlook notes

 Analyst Coverage (show more)
2010-11-26Rodman & RenshawReiterationOutperform$7.00
2010-11-16Madison WilliamsReiterationBuy$10.00
2010-08-20Madison WilliamsReiterationBuy$10.00
2010-08-16Rodman & RenshawReiterationOutperform$8.00
2010-08-09Rodman & RenshawInitiationOutperform$8.00

CJJD is currently followed by 2 analysts. Both give the stock a positive rating. The average price target is 8.50, which implies 391.32% upside from current price.


    see all Analyst Ratings

 Recent Financings
2010-04-23Priced$17.50 mill3.50 mill shares$5.00

 Investor Presentations
2011-03-04 (HTML)   VIEW
2010-09-13 (HTML)   VIEW
2010-07-13 (HTML)   VIEW
2010-05-04 (HTML)   VIEW
CJJD
Retail/Consumer
SCORE
4
READ: Score Cards Explained
SAFETY/RISK SCORE
EXTREME RISK
DETAILS: Safety/Risk Model for CJJD
Current Price:  $1.73
F10k Day (2010-03-19): -72.97%$6.40
2009 Close: -58.81%$4.20
2010 Close: -58.81%$4.20
2011 Close: 51.75%$1.14
High (2012-02-14): 22.69%$1.41
Low (2012-09-06): 166.15%$0.65
Exchange: NCM
Market Capitalization: 23.39 mill
Total Shares: 13.52 mill
Float: 3,104,000.00 mill
Avg Volume: 65.30 k
Short Interest: 44.30 k
Short Ratio: 5.26%0.7 d
Last Quarter: 2010-12-31
Revenue (MRQ): 18.04 mill
Net Income (MRQ): 2.12 mill
Op. Cash Flow (MRQ): -5.35 mill
all financial data provided without warranty