China Tracker - Details for China Runji Cement (CRJI)

 WARNING: Form 15 filed with the SEC!
 China Runji Cement
Shares Outstanding (MRQ): 78.83 mill
New Shares / Dilution (TTM): 0.00 mill0.00%
Cash (MRQ): 1.45 mill122.92%
Account Receivables (MRQ): 7.39 mill624.72%
Account Receivables (Q/Q): -7.19 mill-49.31%
Long-Term Debt (MRQ): 3.01 mill254.64%
Revenue Growth (Q/Q): -18.08% 
Revenue Growth (Y/Y): 46.05%
Net Income Growth (Q/Q): -70.60% 
Net Income Growth (Y/Y): 564.93%
EPS Growth (Y/Y): 564.93%
Net Margin (Q/Q): 7.2% (20.1%)-12.90% 
Net Margin (Y/Y): 7.2% (1.6%)5.60% 
EPS | P/E (2 MRQ Projection): $0.140.11
CFPS | P/CF (2 MRQ Projection): $0.150.10
Price/Sales (2 MRQ Projection): 0.02
Price/Book (MRQ): 0.04
Auditor: MaloneBailey
 
 Forward Projections (Fiscal Year)
EPS | P/E (Estimates updated 2011-04-23): $0.120.13
 Basic Facts and History (show more)
Reporting Type: U.S. Company (10-K Filings) 
Going Public: Reverse Merger on 2007-11-01 

 Business Outlook

The company filed Form 15 (Termination of Registration) with the SEC.

(Source: 15-12G Filing, 2011-06-20)

During the second quarter ended February 28, 2011, our revenue has increased sharply because peak season of cement sales has come ahead of annual schedule. However, due to fierce competition in the cement sales, the allowance of doubtful account has increased to $1,839,635 as of February 28, 2011 from $193,339 as of August 31, 2010. We estimate that our expenses over the next 12 months will be approximately $30,000,000. These estimates may change significantly depending on the nature of our future business activities and our ability to raise capital from shareholders or other sources. We intend to meet our cash requirements for the next 12 months through a combination of debt financing and equity financing or with a strategic partner. We currently do not have any arrangements in place to complete any financings and there is no assurance that we will be successful in completing any financings.

(Source: 10-Q Filing, 2011-04-19)

Thanks to the rural stimulus policy our sales volume and prices both increased in this low season, we have even decided to maintain production during the long holiday of China New Year in February to meet the growing demand. Rural market of China is becoming one of our most important markets in the future. We expect our cement sales volume to rural market will be much higher in the next several years. Our marketing department has adjusted new strategies and initiatives to capture the rural market, so as to create more value for our shareholder and investors.

(Source: Globe Newswire, 2010-02-05)

    see all Business Outlook notes
CRJI
Construction

COVERAGE SUSPENDED OR TERMINATED
 
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SAFETY/RISK SCORE
EXTREME RISK
DETAILS: Safety/Risk Model for CRJI
Current Price:  $0.02
F10k Day (2007-12-31): -95.17%$0.31
2009 Close: -93.75%$0.24
2010 Close: -86.37%$0.11
2011 Close: 50.00%$0.01
High (2011-10-05): -81.25%$0.08
Low (2011-12-30): 50.00%$0.01
Exchange: PNK
Market Capitalization: 1.18 mill
Total Shares: 78.83 mill
Float: n/a
Avg Volume: n/a
Last Quarter: 2011-02-28
Revenue (MRQ): 17.04 mill
Net Income (MRQ): 1.23 mill
Op. Cash Flow (MRQ): 2.44 mill
all financial data provided without warranty