China Tracker - Details for Highpower International (HPJ)

 Highpower International
Shares Outstanding (MRQ): 13.63 mill
New Shares / Dilution (TTM): -0.04 mill-0.28%
Cash (MRQ): 8.49 mill13.54% 
Account Receivables (MRQ): 20.85 mill33.25%
Account Receivables (Q/Q): + 1.39 mill7.13% 
Long-Term Debt (MRQ): NO DEBT
Revenue Growth (Q/Q): 0.38% 
Revenue Growth (Y/Y): 23.80% 
Net Income Growth (Q/Q): 0.31% 
Net Income Growth (Y/Y): 125.63%
EPS Growth (Y/Y): 126.26%
Net Margin (Q/Q): 5.2% (5.2%)0.00% 
Net Margin (Y/Y): 5.2% (2.8%)2.30% 
EPS | P/E (2 MRQ Projection): $0.4210.90 
CFPS | P/CF (2 MRQ Projection): -$0.06-78.69
Price/Sales (2 MRQ Projection): 0.56
Price/Book (MRQ): 2.26 
Auditor: Dominic K.F. Chan & Co.
 
 Forward Projections (Fiscal Year)
EPS | P/E (Estimates updated 2011-05-12): $0.2518.40
 Basic Facts and History (show more)
Reporting Type: U.S. Company (10-K Filings) 
Going Public: IPO on 2008-06-19 
IPO Price: $3.25 (41.53% since IPO)

 Business Outlook

Based on our current expectations for global demand for the rechargeable battery market in 2011, the outlook for our key raw material input prices and our planned increased investment in sales and marketing and research and development, we are updating the following financial guidance for 2011. We are reaffirming that we expect net sales to be between $125 million and $135 million. However, due to volatile commodity prices, we are updating our guidance for net income, which we expect will now range between $3.0 million and $4.0 million for the year ended December 31, 2011.

(Source: Marketwire, 2011-05-12)

Based on our current expectations for global demand for the rechargeable battery market in 2011, the outlook for our key raw material input prices and our planned increased investment in sales & marketing and research & development, we are providing the following financial guidance for 2011. We expect net sales to be between $125 million and $135 million and net income to be between $6.0 million and $7.0 million for the year ended December 31, 2011.

"While we expect to continue to experience strong revenue growth for 2011, our growth in net income will be impacted by key investments that we are making today to position us for increased profitability in 2012 and beyond. In addition, we expect that our gross margins in 2011 will be impacted by higher raw material costs and higher labor costs, which will be partially offset by product price increases that we are in the process of implementing."

(Source: Marketwire, 2011-03-28)

For the fourth quarter of 2010, the Company expects revenue to be in the range of $27.5 to $28.0 million and net income to be in the range of $1.3 to $1.5 million. At the midpoint of the range, this represents a 23% increase in revenue and a 119% increase in net income as compared to the fourth quarter of 2009. For the fiscal year ended December 31, 2010, the Company expects revenue to be in the range of $104.5 to $105.0 million and net income to be in the range of $5.9 to $6.1 million. At the midpoint of the range, this represents a 49% increase in revenue and a 35% increase in net income as compared to the fiscal year ended December 31, 2009.

(Source: Marketwire, 2011-03-04)

    see all Business Outlook notes

 Analyst Coverage (show more)
2011-05-12Rodman & RenshawReiterationOutperform$4.00
2010-11-11Rodman & RenshawReiterationOutperform$7.00
2010-08-13Rodman & RenshawReiterationOutperform$7.00
2010-05-12Rodman & RenshawReiterationOutperform$7.00
2010-03-31Rodman & RenshawReiterationOutperform$7.00

    see all Analyst Ratings

 Recent Financings
2010-08-02Filing$50.00 mill--

 Investor Presentations
2011-03-04 (HTML)   VIEW
HPJ
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Current Price:  $4.60
F10k Day (2008-06-19): -32.75%$6.84
2009 Close: -40.34%$7.71
2010 Close: 39.81%$3.29
2011 Close: 369.38%$0.98
High (2012-04-05): 196.77%$1.55
Low (2012-10-04): 521.62%$0.74
Exchange: NGM
Market Capitalization: 62.70 mill
Total Shares: 13.63 mill
Float: 8,256,000.00 mill
Avg Volume: 56.10 k
Short Interest: 38.70 k
Short Ratio: 0.60%0.7 d
Last Quarter: 2010-12-31
Revenue (MRQ): 27.88 mill
Net Income (MRQ): 1.44 mill
Op. Cash Flow (MRQ): 1.11 mill
all financial data provided without warranty