China Tracker - Details for China Power Equipment (CPQQ)

 China Power Equipment
Shares Outstanding (MRQ): 22.14 mill
New Shares / Dilution (TTM): 7.23 mill48.48%
Cash (MRQ): 17.93 mill2,581.69%
Account Receivables (MRQ): 1.55 mill223.48%
Account Receivables (Q/Q): -0.79 mill-33.66%
Long-Term Debt (MRQ): 0.12 mill16.89% 
Revenue Growth (Q/Q): -10.25% 
Revenue Growth (Y/Y): 5.14% 
Net Income Growth (Q/Q): -42.46% 
Net Income Growth (Y/Y): -18.51%
EPS Growth (Y/Y): -45.12%
Net Margin (Q/Q): 12.3% (19.2%)-6.90% 
Net Margin (Y/Y): 12.3% (15.9%)-3.60% 
EPS | P/E (2 MRQ Projection): $0.240.13
CFPS | P/CF (2 MRQ Projection): $0.380.08
Price/Sales (2 MRQ Projection): 0.02
Price/Book (MRQ): 0.02
Auditor: Mazars CPA 
 
 Forward Projections (Fiscal Year)
EPS | P/E (Estimates updated 2010-10-31): $0.300.10
 Basic Facts and History (show more)
Reporting Type: U.S. Company (10-K Filings) 
Going Public: Other on 2006-11-08 

 Business Outlook

The outlook for China Power remains very exciting. Our dynamic high-growth market continues to evolve, and we believe we are correctly positioned to help lead the improvement in China's energy distribution system. As always, we will continue to work both smart and hard to create additional value for our shareholders.

(Source: PR Newswire, 2011-05-16)

Although energy efficient transformers like ours are already encouraged in China's energy policy and plans, the boost from this new emphasis should accelerate demand even more. We believe the expected strong upward trend in demand is very likely to continue for several years, assuming that China's energy and industrial policies continue to be favorable toward products like ours. With the cash flow from our expanded production of cores, good future operating leverage in transformer cores, completion of our new transformer production line in 2011 and subsequent expected orders, and China's further push to improve energy efficiency sooner, we believe our future continues to look very bright.

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

China Power is starting to see further strengthening in the robust growth trend it expects for energy-efficient amorphous alloy electric transformers. These energy efficient transformers are being demanded in China, based on the country's mandated policy and actions to increase energy efficiency and reduce emissions. The Company believes the dramatic upward trend in demand is very likely to continue for the next several years, assuming that China's energy and industrial policies continue to be favorable toward its products.

(Source: PR Newswire, 2010-11-15)

    see all Business Outlook notes

 Analyst Coverage (show more)
2011-05-18Rodman & RenshawReiterationOutperform$3.00
2011-04-04Rodman & RenshawReiterationOutperform$3.00
2010-11-16Rodman & RenshawReiterationOutperform$5.00
2010-08-31Rodman & RenshawInitiationOutperform$6.00
2010-05-25Brean MurrayInitiationBuy$6.00

CPQQ is currently followed by 2 analysts. Both give the stock a positive rating. The average price target is 4.50, which implies 14,240.34% upside from current price.

CPQQ
Infrastructure
SCORE
8
READ: Score Cards Explained
SAFETY/RISK SCORE
HIGH RISK
DETAILS: Safety/Risk Model for CPQQ
Current Price:  $0.03
F10k Day (2009-08-18): -95.46%$0.69
2009 Close: -99.23%$4.05
2010 Close: -97.84%$1.45
2011 Close: -95.10%$0.64
High (2012-05-03): -95.76%$0.74
Low (2012-08-23): -87.45%$0.25
Exchange: PNK
Market Capitalization: 0.69 mill
Total Shares: 22.14 mill
Float: n/a
Avg Volume: n/a
Last Quarter: 2010-12-31
Revenue (MRQ): 7.76 mill
Net Income (MRQ): 0.96 mill
Op. Cash Flow (MRQ): 2.28 mill
all financial data provided without warranty