China Tracker - Details for Home System Group (HSYT)


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 Home System Group
Shares Outstanding (MRQ): 67.49 mill
New Shares / Dilution (TTM): 5.01 mill8.02%
Cash (MRQ): 0.66 mill0.00%
Account Receivables (MRQ): 39.53 mill0.00%
Account Receivables (Q/Q): -1.29 mill  
Long-Term Debt (MRQ): 3.25 mill0.00%
Revenue Growth (Q/Q): 7.43% 
Revenue Growth (Y/Y): 185.19%
Net Income Growth (Q/Q): 8.64% 
Net Income Growth (Y/Y): 8.88% 
EPS Growth (Y/Y): 0.79% 
Net Margin (Q/Q): 11.7% (11.6%)0.10% 
Net Margin (Y/Y): 11.7% (30.7%)-19.00% 
EPS | P/E (2 MRQ Projection): $0.200.00 
CFPS | P/CF (2 MRQ Projection): $0.250.00 
Price/Sales (2 MRQ Projection): 0.00
Price/Book (MRQ): 0.00 
Auditor: ACSB & Co.
 
 Forward Projections (Fiscal Year)
EPS | P/E (Estimates updated 2010-10-31): $0.250.00 
 Basic Facts and History (show more)
Reporting Type: U.S. Company (10-K Filings) 
Going Public: Reverse Merger on 2006-08-04 

 Business Outlook

COVERAGE TERMINATED (Going Dark)
Recent Chain of Events:
2012-04-02 -- Last SEC Filing
2012-03-08 -- Auditor Engagement
2011-12-13 -- Auditor Resignation
2010-11-15 -- Last Quarterly/Annual Report: Q3/FY2010 ended September 30, 2010

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

"During the third quarter of 2010, product demand continued to be robust and Home System benefited from the substantial increase in sales of ceiling fans and decorative lightings. We are making innovative products and are seeing a strong response from our customers. Building upon this performance, on October 1, 2010 the Company closed the acquisitions of two fan manufacturers. As a result of these acquisitions, Home System will expand its geographic market coverage into Southeast Asia and Japan, thus further diversifying our customer base and our product lines, as well as reducing the seasonality impact on the Company's operation. This will enable us to more consistent production levels and thus improve our manufacturing efficiencies. Moreover, by combining the raw product procurements requirements, we expect to improve our raw material pricing, thus benefiting our gross margin and earnings. With an improved debt to capitalization ratio and stronger market base, we are confident in our business strategy and believe that Home System is very well positioned for continued growth."

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

With the completion of these two acquisitions, the Company has made significant progress towards its goal of offering a diverse product portfolio and broadening our customer base. We also believe that our costs going forward can be meaningfully decreased due to the benefit of combining Sanfan's and Jinxinglong's purchasing with that of Home System's. With a broader market for Home System's products, the Company will continue its robust product development, to better serve the growing market for fans and lightings.

(Source: Business Wire, 2010-10-04)

    see all Business Outlook notes
HSYT
Retail/Consumer
SCORE
0
UNDER REVIEW
READ: Score Cards Explained
SAFETY/RISK SCORE
EXTREME RISK
DETAILS: Safety/Risk Model for HSYT
Current Price:  n/a
F10k Day (2006-11-17): -100.00%$1.05
2009 Close: -100.00%$2.80
2010 Close: -100.00%$2.50
2011 Close: -100.00%$0.08
High (2011-08-02): -100.00%$0.13
Low (2011-12-02): -100.00%$0.02
Exchange:
Market Capitalization: n/a
Total Shares: 67.49 mill
Float: n/a
Avg Volume: n/a
Last Quarter: 2010-09-30
Revenue (MRQ): 29.29 mill
Net Income (MRQ): 3.43 mill
Op. Cash Flow (MRQ): 3.29 mill
all financial data provided without warranty