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Sancon Resources Recovery Inc. (SRRY)

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Last Post: 8/23/2016 5:23:09 PM - Followers: 32 - Board type: Free - Posts Today: 0

About Us

Sancon Resources Recovery, Inc. An environmental service company specializes in the collection, processing, and selling of the reprocessed material such as plastic, metal, paper, cardboard, glass etc. The recycled materials are re-used by Sancon's manufacturing clients to make a wide variety of new products that include: outdoor furniture, construction materials, building materials, packaging materials, and various other products.

Sancon also trades in recycled materials originating from the United States, Japan, and various European countries to satisfy the growing demand for recycled materials by manufacturers in China. The use of recycled raw materials is both environmentally friendly and an important method to lower production costs for manufacturers to stay competitive.

The most critical goal of Sancon's professional waste management services is to avoid land filling of recyclable industrial wastes. Sancon is committed in making sure its clients’ recyclable industrial wastes are identified and recovered as new resources. Sancon's full waste management services rendered to industrial clients include:

1. Waste Collection & Logistics Services
2. Security Product Destruction Services
3. Trade & Distribution Services

Both direct and indirect benefits brought to Sancon's clients through Sancon's range of services are:

1. Cost reduction in industrial waste landfill.
2. Sustainability enhancement both in the work place and public environment.
3. Improve corporate images as responsible and environmentally friendly companies.
4. Consumer brand protection through Sancon's product security destruction services.

Sancon currently has recycling plants based in Melbourne Australia and China.

Waste Logistic Services

Sancon collects recyclable materials (i.e. plastics, paper, cardboard, glass, etc) from clients' designated sites, managing their entire logistics operation in: waste bin placement, collection scheduling, waste pickup and transportation.


After the wastes are collected, they undergo the separation and treatment process where they are transformed into recycled raw materials, which are then sold and distributed to the manufacturers in China.

Security Destruction Services

Security Product Destruction Services are offered to consumer product vendors to safely recycle their sensitive wastes and in some cases their post consumer products. This service can provide a brand protection function for high-end consumer brands in China. Examples of sensitive wastes requiring this service are: used liquor bottles, printing cartridges, credit cards, smart cards etc.
China Operation

Sancon's China operation currently provides collection, recycling, and security product destruction services. Sancon China has currently deployed recycling plants in the cities of Shanghai, Nanjing, Chengdu, Tianjin and Dongguan and waste logistic sites in over 40 Chinese cities; Sancon has around 150 vehicles to provide these services.

In China, our head office and the largest recycling plants is located in Shanghai. The size of the whole building is 10,000 square meters.

Sancon China is one of the very few environmental companies with a nation wide presence in China. Sancon's China operation is fully ISO9001, ISO14001 certified and registered. In 2007, Sancon (China) successfully attained a Waste Management License From the Chinese Government.

Australia Operation

Sancon's Australia operation provides full waste management solutions for manufacturing companies; aim to recover recyclable materials instead of dumping into land-fills.

In Australia, our office is located in Clayton South. The size of the whole building is about 4,500 square meters.



Investor Relations

Company Name:
Sancon Resources Recovery, Inc

Stock Symbol:

Mr. Xia Chen

Stock Transfer Agent
Jason M. Bogutski - President
Signature Stock Transfer, Inc.
2301 Ohio Drive - Suite 100
Plano, Texas 75093

Tel : 972 612 4120
Fax : 972 612 4122
CUSIP Number: 79970T 10 6

Email :

Our Management

Mr. David Y Chen, Non Executive Chairman of the Board,

Mr. David Chen specializes in bringing China investment opportunities to international capital markets, especially in the field of media, consumer and technology. Mr Chen has served in numerous senior management positions including both private and publicly listed companies over the past 15 years. He is currently the CEO of Shine Media Acquisition Corporation (SHNDU), a listed investment acquisition fund for China.

Mr. David Chen has served as the Chairman of Sancon since its inception and oversaw its listing on the OTCBB market. He was the former CEO of Hartcourt Companies, Inc. from 2002 to 2004 (OTCBB: HRCT), a consolidator of IT distribution companies. Previously he held senior management positions at several media and technology companies operating in Asia, including Time Warner's CNN Asia Pacific unit, Turner Broadcasting Systems, and HelloAsia Inc. Mr. Chen holds a Bachelor of Economics degree from Monash University of Australia.

Mr. Jack D. Chen, CEO & Director,
Founder of the company, Mr. Jack Chen has eight years of operating experiences in the waste management and resources recovery sector in Australia and Asia. Mr. Jack Chen is an expert in the collection, processing, trading and reuse of industrial waste materials.

Previously, Jack worked in a management position for a multinational German plastics and chemicals company and later built a successful plastics trading business between Hong Kong and China.

Ms. Maggie Zhang, Acting CFO
Ms. Maggie Zhang joined Sancon in 2008 as Finance Manager of the company. She received a Bachelor Degree of Finance from Nanjing Agriculture University in 2003 and a Master Degree of Accounting and Finance from University of Birmingham in 2005.

Mr. Jim Wang, General Manager, (China Operation)
Mr. Jim Wang joined Sancon in 2009 as the general manager of Sancon Shanghai, a subsidiary of Sancon. Jim has over 10 years of experience in general management and project development and 5 years in environment protection industry. He is familiar with Chinese legal and Tax system; meanwhile, he is an expert in the field of energy-saving and waste management in China. Mr. Jim Wang holds a master degree of Laws from Wuhan University.

Mr. Guy Waters, General Manager, (Australia Operation)

Prior to joining Sancon in 2002, Mr. Waters had 35 years of working and management experiences in the wool and forestry industries in Australia and possesses deep industrial knowledge and management skills. Mr. Waters is responsible and focused on Sancon Australia's daily operation and business development.

Mr. Cong Yuanli, Independent Director
Mr. Cong Yuanli is the Chairman of Landwood Enterprise Holdings Ltd, a China based diversified holding company with businesses in international trading, import/export, real estate investment and financing. Previously he was a director at Hong Kong Landtrade Group, a holding company in real estate investment, international trust financing, hotel investment, and international trading, where he was responsible for the international trading activities. Mr. Cong is an avid fine art, antique and furniture collector and is the owner of Beijing Landwood Gallery and Beijing Yuanhantang Antique Furniture Ltd. Mr. Cong holds Bachelor of Economics and Management degree from Beijing University of Finance and Economics of China.

China Office:

Mr. Jim Wang
No.2 YinQing Lu, Songjiang District,
Shanghai China 201615
Tel: +86 21 67756099 Fax:52840762

Australia Office:

Mr. Guy Waters
7-9 Graham Road
Clayton South 3169 VIC Australia
Tel: +61 3 9574 6767
Fax: +61 3 9562 3595

Gross Margin (TTM) 46.6%
Net Profit Margin (TTM) 17.4%
Operating Margin (TTM) 17.1%
Pretax Margin (TTM) 17.6%
Valuation   Financial Strength
P/E excluding extraordinary items (TTM) --
P/E Normalized (MRFY) --
P/Sales (TTM) --
P/Tangible book (MRQ) --
P/Cash Flow (TTM) --
Current Ratio (MRQ) 3.63
Quick Ratio (MRQ) 3.56
LT Debt/Equity (MRQ) 0.01
Total Debt/Equity (MRQ) 0.01
Payout Ratio (TTM) 0.00
Management Effectiveness   Growth
Return on Assets (TTM) 30.2%
Return on Equity (TTM) 43.2%
Return on Investments (TTM) 43.1%
Sales (5Yr) --
Earnings Per Share (EPS)(TTM) --
Dividend Growth (5Yr) --
Income Statement   Per Share Data
Revenue (MRQ) 3.4M
Earnings before taxes (MRQ) 546K
Net Income (MRQ) 546K
Normalized earnings before taxes (MRQ) 546K
Normalized Net Income (MRQ) 546K
EPS excluding extraordinary items (TTM) --
EPS Normalized (MRFY) --
Rev per share (TTM) --
BV per share (MRQ) --
Tangible BV per share (MRQ) --
Cash per share (MRQ) --
Cash flow per share (TTM) --
Indicated Annual Dividend (US) --
Short Interest    
Shares Short (Current Month) --
Short Ratio --
Short Interest as % of Float --
Shares Short (Prior Month) --
*Data updated twice a month by the 18th and 29th respectively

Company Overview

Sancon Resources Recovery, Inc. (Sancon) is an industrial waste recycling company with operations based in Australia and China. The Company's main operations and services include industrial waste management consulting, collection and reprocessing of recyclable materials, such as glass, plastic, cardboard, and paper sourced from suppliers, such as Aperio Group and Astron. The recycled materials will then enter into the manufacturing cycles as raw materials. As of December 31, 2009, Sancon exported more than 4,000 tons of recycled industrial waste material annually to its processing partners and manufacturers in China. Sancon provides waste management solutions for manufacturing companies and focuses to recover recyclable materials instead of dumping them into land-fills. On March 31, 2009, the Company sold 100% equity interest of Guang Cheng Int'l Trading Ltd.

Company Contact
1507 Greenland Commercial Ct.
1258 Yuyuan Road
Shanghai, SHA 200050
Telephone (215) 155-3616
Fax 0

(TTM) Trailing 12 Months, (MRQ) Most Recent Quarter, (MRFY) Most Recent Fiscal Year

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Current Price
Bid Ask Day's Range
SRRY News: Current Report Filing (8-k) 09/30/2016 10:07:38 AM
SRRY News: Current Report Filing (8-k) 08/22/2016 03:47:43 PM
SRRY News: Quarterly Report (10-q) 08/19/2016 01:52:21 PM
SRRY News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 08/15/2016 07:51:54 AM
SRRY News: Amended Annual Report (10-k/a) 07/25/2016 07:37:07 AM
#2737   0.000000001,cents it will be still to pricey,scam is winebar 08/23/16 05:23:09 PM
#2736   You are warning investors not to buy at modes948 08/04/16 05:51:14 PM
#2735   Scam alert David Ding Ding Chen is still winebar 08/02/16 06:07:35 AM
#2734   This listing has a history of fraud and winebar 08/02/16 05:44:05 AM
#2733   You got to show a little more proof $hellKing 08/01/16 07:37:14 AM
#2732   NobleCorp Asset Management Ltd does not exist winebar 08/01/16 05:37:42 AM
#2731   its looks like the scam game is afloat winebar 08/01/16 05:15:37 AM
#2730   symbol SRRY, 0.03 price, no volume, huge spread MisterEC 07/21/14 07:09:07 PM
#2729   BIG RED WARNINGS winebar 07/20/14 03:45:51 AM
#2728   looks like the peeny stock tycoons tried to winebar 07/11/14 05:34:53 AM
#2727   whoa ?? what a tycoon,169 shares at 006 winebar 07/09/14 04:55:31 AM
#2726   Do you see 169@ .006! HOW CAN MisterEC 07/08/14 10:30:38 PM
#2725   No one is listening buddy,no hands on the winebar 07/08/14 06:48:14 AM
#2724   gimme a better spread srry, you ain't gonna todboyd 07/07/14 02:28:49 PM
#2723   And you are the (that) insider??whats happened----run out winebar 05/11/14 07:58:22 AM
#2722   I think they might be wondering why as winebar 05/11/14 07:55:49 AM
#2721   SHAMCON IS SHITE AGAIN ON THE SHARE,getem cheap winebar 02/13/14 05:20:48 AM
#2720   Dragon Wings is part of the whole SORRY winebar 02/07/14 04:44:06 AM
#2719   Dont worry Dragon Wings is at disney world winebar 02/07/14 04:41:01 AM
#2718   Hmm... dragon wings? Fire and flight.... SRRY will GetEmEarly 02/06/14 04:01:01 PM
#2717   does anyone know why dragon wings bot 6,000,000 josephb30 02/06/14 10:20:05 AM
#2716   Good,were's Q3 IS SHAMCON FILING Q4?? winebar 02/05/14 03:51:39 AM
#2715   I am myself. xm 02/04/14 05:17:39 AM
#2714   you represent tang and bok,they have a long winebar 12/20/13 09:31:53 PM
#2713   Wine bar, I have no connection with Chen's. xm 12/20/13 01:23:15 PM
#2712   I was phished in HRCT land for years! MisterEC 12/18/13 11:25:58 PM
#2711   you are very privileged to be in my winebar 12/18/13 09:47:34 PM
#2710   I think you know what you are talking MisterEC 12/18/13 08:32:14 PM
#2709   No one on this board knows the company winebar 12/18/13 05:23:08 PM
#2708   You know what winebar... my hat off to GetEmEarly 12/18/13 04:54:18 PM
#2707   LMAO, chill buddy. Happy holidays! Who knows, maybe GetEmEarly 12/18/13 04:45:17 PM
#2705   you have major delusional issues which is not winebar 12/17/13 08:26:30 PM
#2704   Up on $130, which is just the spread, MisterEC 12/17/13 05:11:51 PM
#2703   wow u have major anger issues, u should josephb30 12/17/13 03:39:35 PM
#2701   Chinese like you cannot handle criticism,no one hates winebar 12/13/13 03:29:34 AM
#2700   This stock is on the verge of josephb30 12/11/13 10:29:15 AM
#2699   Bar1080, it is in the filed document. You xm 12/11/13 03:36:22 AM
#2698   you mean reverse "tip or dump".Sh...t does not winebar 12/10/13 09:37:14 PM
#2697   halted at 11:16 am...reverse split? josephb30 12/10/13 11:52:56 AM
#2696   chen phan bok n tang were never known winebar 12/10/13 05:31:11 AM
#2695   Dollar volume Monday was $570, do you want MisterEC 12/10/13 03:48:35 AM
#2694   Lets see 'em put $5 million cash into bar1080 12/09/13 10:37:23 PM
#2693   I welcome Bok and Tang to the stock,albeit winebar 12/09/13 07:30:55 PM
#2692   Here's another insider buying! josephb30 12/09/13 12:35:47 PM
#2691   Insiders are buying! officers are filing form 4's josephb30 12/09/13 12:33:25 PM
#2690   How can you know this? "There are only bar1080 11/30/13 11:01:04 AM
#2689   The concept was doomed from the start,never a winebar 11/30/13 05:14:58 AM
#2688   The old concept is all milked out. MisterEC 11/30/13 02:35:28 AM
#2687   "Concept"??new Concept??what was wrong with the old concept??resource recovery?? winebar 11/29/13 08:25:19 PM
#2686   Winebar, I look at it in a different xm 11/28/13 11:39:41 PM