China Tracker - Details for SinoTech Energy (CTESY)

 SinoTech Energy
Shares Outstanding (MRQ): 65.79 mill
New Shares / Dilution (TTM): 15.79 mill31.58%
Cash (MRQ): 80.59 mill0.00%
Account Receivables (MRQ): 24.85 mill0.00%
Account Receivables (Q/Q): + 4.73 mill  
Long-Term Debt (MRQ): 5.92 mill0.00%
Revenue Growth (Q/Q): 9.49% 
Revenue Growth (Y/Y): 201.50%
Net Income Growth (Q/Q): 15.05% 
Net Income Growth (Y/Y): 302.30%
EPS Growth (Y/Y): 205.75%
Net Margin (Q/Q): 52.4% (49.9%)2.50% 
Net Margin (Y/Y): 52.4% (39.3%)13.10% 
EPS | P/E (2 MRQ Projection): $0.740.00 
Price/Sales (2 MRQ Projection): 0.00
Price/Book (MRQ): 0.00 
Auditor: Ernst & Young
* operating cash flow data not (yet) included
 
 Forward Projections (Fiscal Year)
EPS | P/E (Estimates updated 2011-06-23): $0.650.00 
 Basic Facts and History (show more)
Reporting Type: U.S. Company (10-K Filings) 
Going Public: IPO on 2010-11-03 
IPO Price: $8.50 (-100.00% since IPO)

 Business Outlook

COVERAGE TERMINATED (Going Dark)
Recent Chain of Events:
2012-05-30 -- SEC Registration REVOKED
2012-05-14 -- Last SEC Filing
2011-10-19 -- Delisting from NASDAQ
2011-08-16 -- Trading halted by NASDAQ
2011-08-05 -- Last Quarterly/Annual Report: Q3/FY2011 ended June 30, 2011

(Source: Trading China, 2012-09-30)

SinoTech Energy has been informed that NASDAQ has temporarily halted trading in the Company's stock pending receipt from the company of certain additional information. The Company intends to work with NASDAQ to promptly provide NASDAQ with any information it requires, and hopes that the current trading halt will be lifted in the near future. SinoTech urges its investors to review and consider the Company's response to the allegations on alfredlittle.com before taking any action with respect to their ownership of the Company's securities.

(Source: Globe Newswire, 2011-08-17)

We are outraged by this blatantly self-interested, mercenary attempt to profiteer at the expense of SinoTech and its shareholders. The alfredlittle.com report is riven with inaccuracies, fabrications and unsubstantiated allegations, and its conclusions are utterly without foundation. SinoTech has always been committed to upholding the best interests of our shareholders and we have therefore sought to make public as much information as possible as quickly as possible in order to make clear the fundamental mistruth of these allegations. We stand by the integrity of our company, our operations and our financial statements and are committed to protecting the welfare of our shareholders to any extent necessary.

(Source: Globe Newswire, 2011-08-17)

    see all Business Outlook notes

 Analyst Coverage (show more)
2011-08-05LazardReiterationBuy$11.00
2011-07-14LazardReiterationBuy$11.00
2011-05-20LazardReiterationBuy$11.00
2011-05-18LazardReiterationBuy$11.00
2011-03-11LazardReiterationBuy$11.00
CTESY
Oil & Gas

COVERAGE SUSPENDED OR TERMINATED
 
READ: Score Cards Explained
SAFETY/RISK SCORE
EXTREME RISK
DETAILS: Safety/Risk Model for CTESY
Current Price:  n/a
F10k Day (2010-11-03): -100.00%$6.86
2010 Close: -100.00%$7.20
2011 Close: -100.00%$0.07
High (2012-02-01): -100.00%$0.31
Low (2012-05-02): -100.00%$0.01
Exchange:
Market Capitalization: n/a
Total Shares: 65.79 mill
Float: n/a
Avg Volume: n/a
Last Quarter: 2011-03-31
Revenue (MRQ): 24.99 mill
Net Income (MRQ): 13.10 mill
all financial data provided without warranty