Outstanding Shares: 20.25M Shares.
52-Week Range: 0.71 ~ 1.40.
YUII began trading on the NASDAQ Capital Market as of October 30, 2009, with a P/E of 6.66, an average trading volume of 51,900 shares, and a market cap of $92 million. YUII is the second largest supplier of day-old chickens raised for meat production, or broilers, in the People's Republic of China ("China"). Even though the expression "day-old chickens" brings to mind a poultry version of day-old bagels, the comparison is backwards. While day-old baked goods are stale, the term "day-old," when used in the context of chickens, has the opposite meaning. When applied to chickens, "day-old" refers to chicks that are sold for meat production as broilers within 24 hours after hatching.
YUII was founded in 1996 and is the second largest day-old broiler breeder in China. YUII's primary operations involve chicken breeding, as Yuhe purchases parent breeding stock from breeder farms, raises them to produce hatching eggs, and hatches the eggs to day-old chicks. YUII then sells all broilers within a day of hatching, primarily to broiler farms and integrated chicken companies, who raise the chicks to market-weight broilers. With headquarters in Weifang, Shandong province, according to the company's website, YUII has modern facilities; is led by an experienced team that includes experts in chicken breeding, disease prevention and animal husbandry science; and uses imported state-of-the-art equipment from the United States, Germany and Japan, allowing it to adhere to international standards of operation.
Link to the most recent 10-Q: http://www.sec.gov/Archives/edgar/data/1047857/000114420409057973/v165299_10q.htm
-- Net revenue increased 37.4% to $13.2M, compared to $9.6M for Q3 of 2008;
-- Gross profit margin expanded to 39.1%, compared to 26.2% (2008/same period);
-- Operating income grew 166.1% to $4.3M, compared to $1.6M for Q3 of 2008;
-- Net income increased 114.8% to $4.1M, compared to $1.9M (2008/same period);
-- Fully diluted EPS grew 116.6% to $0.26/share, compared to $0.12 (Q3/2008).
Company Website: http://www.yuhepoultry.com
Investor Relations: CCG Websites: http://www.ccgir.com/ http://www.ccgirasia.com/ Contact: Crocker Coulson (212)-245-1010 E-mail: [email protected]