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Sino-Global Shipping America (SINO)

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Moderator: Atlanta1, Personalizit, ash111
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Last Post: 6/21/2017 9:22:44 AM - Followers: 86 - Board type: Free - Posts Today: 0



SINO-GLOBAL SHIPING AMERICA LTD


About the company

33.33m   -1.39m   2001   38
Revenue in USD (TTM)   Net income in USD   Founded   Employees


IndustryMisc. TransportationLocation
Sino Global Shipping America Ltd
36-09 Main Street
Suite 9C-2
Flushing
New York11354
United States
USA
Phone+1 (718) 888-1814Fax+1 (718) 888-1148Websitehttp://www.sino-global.com/


Sino-Global Shipping America, Ltd. is a shipping agency service provider in People's Republic of China. The Company has offices in the United States in Flushing, New York, Perth, Australia and Hong Kong. Through these offices, the Company coordinates its clients' shipping needs, including preparing documents, husbanding vessels, working through customs issues, coordinating matters with port authorities, overseeing and settling cargo claims, tracking shipments, recommending trucking, warehousing and complementary services. Its principal geographic market is in the People's Republic of China. The Company through Trans Pacific Shipping Limited (Trans Pacific) acquired a 90% interest in Trans Pacific Logistics Shanghai, Ltd., which provides freight forwarder services in Shanghai. On November 6, 2009, the Company through Trans Pacific acquired a 40% interest in Sino-Global Shipping Agency Development Co., Ltd. in Beijing.



Directors & officers

  Name Title Compensation Age Officer
since
 
           LeiCao
Chief Executive Officer and Director
      181.32k USD
  47
         2001


Mr. Lei Cao is Chief Executive Officer and Director of Sino-Global Shipping America, Ltd. Mr. Cao founded Sino-Global Shipping Agency Ltd. ("Sino-China") in 2001 and has been the Chief Executive Officer since that time. Mr. Cao has been Chief Executive officer of company since its formation. Prior to founding Sino-China, Mr. Cao was a Chief Representative of Wagenborg-Lagenduk Scheepvaart BV, Holland, from 1992 - 1993, Director of the Penavico-Beijing's shipping agency from 1987 through 1992, and a seaman for Cosco-Hong Kong from 1984 through 1987. Mr. Cao received his EMBA degree in 2009 from Shanghai Jiao Tong University. Mr. Cao was chosen as a director because he is the founder of the company.


 
 
MingweiZhang
Chief Financial Officer, Director
110.79k USD
58
         2007
 
 
Zhi KangHuang
Chief Operating Officer
--
30
         2002
 
 
JosephJhu
Independent Director
--
59
         2009
 
 
DennisLaing
Independent Director
--
65
         2007
 
 
JingWang
Independent Director
--
63
         2007
 
Officers and Directors data as of Nov 20 2011










            SHARE STRUCTURE

Average volume 23.71k
 

Shares outstanding
2.90m

Free float
1.41m

P/E (TTM)
--

Market cap
6.31m USD

EPS (TTM)
-0.4772 USD









balance sheet


In millions of USD (except for per share items)
Fiscal Year Ending Jun 30 2011 2011 2010 2009
ASSETS
Cash And Short Term Investments 4.88 5.93 7.26
Total Recivables, Net 2.62 2.45 3.05
Total Inventory -- -- --
Prepaid expenses 0.37 0.60 0.09
Other current assets, total 0.12 0.09 0.33
Total current assets 7.99 9.07 11
Property, plant & equipment, net 0.59 0.75 0.97
Goodwill, net -- -- --
Intangibles, net -- -- --
Long term investments 0.19 0.24 0
Note receivable - long term 0.01 0.05 0.07
Other long term assets 0.03 0 0.06
Total assets 9.05 10 12
LIABILITIES
Accounts payable 2.91 3.48 3.02
Accrued expenses 0.08 0.08 0.15
Notes payable/short-term debt 0 0 0
Current portion long-term debt/capital leases -- -- 0
Other current liabilities, total 0.88 0.46 1.31
Total current liabilities 3.88 4.02 4.48
Total long term debt 0 0 0
Total debt 0 0 0
Deferred income tax -- -- --
Minority interest (1.66) (1.24) (0.54)
Other liabilities, total -- -- --
Total liabilities 2.22 2.78 3.94
SHAREHOLDERS EQUITY
Common stock 7.71 7.71 7.71
Additional paid-in capital 1.19 1.19 1.16
Retained earnings (accumulated deficit) (1.29) (0.43) 0.11
Treasury stock - common (0.37) (0.37) (0.29)
Unrealized gain (loss) -- -- --
Other equity, total (0.41) (0.60) (0.77)
Total equity 6.83 7.51 7.93
Total liabilities & shareholders' equity 9.05 10 12
Total common shares outstanding 2.90 2.90 2.93
Treasury shares - common primary issue 0.13 0.13 0







INCOME STATEMENT


In millions of USD (except for per share items)
Fiscal Year Ending Jun 30 2011 2011 2010 2009
REVENUE AND GROSS PROFIT
Total revenue 33 27 18
OPERATING EXPENSES
Cost of revenue total 30 24 16
Selling, general and admin. expenses, total 4.89 4.38 5.24
Depreciation/amortization -- -- --
Unusual expense(income) -- -- --
Other operating expenses, total -- -- --
Total operating expense 34 28 21
Operating income (1.49) (1.34) (2.73)
Other, net 0.02 0.03 0
INCOME TAXES, MINORITY INTEREST AND EXTRA ITEMS
Net income before taxes (1.33) (1.22) (2.71)
Provision for income taxes (0.08) 0.09 (0.23)
Net income after taxes (1.25) (1.30) (2.48)
Minority interest 0.39 0.77 0.80
Net income before extra. Items (0.86) (0.54) (1.68)
Total extraordinary items -- -- --
Net income (0.86) (0.54) (1.68)
Inc.avail. to common excl. extra. Items (0.86) (0.54) (1.68)
Inc.avail. to common incl. extra. Items (0.86) (0.54) (1.68)
EPS RECONCILIATION
Basic/primary weighted average shares 2.90 2.92 2.99
Basic/primary eps excl. extra items (0.30) (0.18) (0.56)
Basic/primary eps incl. extra items (0.30) (0.18) (0.56)
Dilution adjustment 0 0 0
Diluted weighted average shares 2.90 2.92 2.99
Diluted eps excl. extra items (0.30) (0.18) (0.56)
Diluted eps incl. extra items (0.30) (0.18) (0.56)
COMMON STOCK DIVIDENDS
DPS - common stock primary issue 0 0 0
Gross dividend - common stock 0 0 0
PRO FORMA INCOME
Pro forma net income -- -- --
Interest expense, supplemental 0.02 0.03 0.02
SUPPLEMENTAL INCOME
Depreciation, supplemental 0.25 0.22 0.25
Total special items 0.12 0.10 --
NORMALIZED INCOME
Normalized income before taxes (1.21) (1.11) (2.71)
Effect of special items on income taxes 0.04 0.04 --
Income tax excluding impact of special items (0.04) 0.12 (0.23)
Normalized income after tax (1.18) (1.24) (2.48)
Normalized income avail. to common (0.79) (0.47) (1.68)
Basic normalized EPS (0.27) (0.16) (0.56)
Diluted normalized EPS (0.27) (0.16) (0.56)






CASH FLOW

In millions of USD (except for per share items)
Fiscal Year Ending Jun 30 2011 2011 2010 2009
OPERATIONS
Net income (1.25) (1.30) (2.48)
Depreciation/depletion 0.25 0.22 0.25
Non-Cash items 0.32 0.61 0.99
Cash taxes paid, supplemental 0.01 0.34 0.39
Cash interest paid, supplemental 0.00 0 0.01
Changes in working capital (0.14) (0.64) (0.12)
Total cash from operations (0.93) (1.02) (1.72)
INVESTING
Capital expenditures (0.04) (0.04) (0.40)
Other investing and cash flow items, total 0 (0.29) 0.17
Total cash from investing (0.04) (0.33) (0.23)
FINANCING
Financing cash flow items (0.02) 0.07 0
Total cash dividends paid -- -- --
Issuance (retirement) of stock, net 0 (0.09) (0.29)
Issuance (retirement) of debt, net -- 0 (0.07)
Total cash from financing (0.02) (0.02) (0.35)
NET CHANGE IN CASH
Foreign exchange effects (0.06) 0.04 (0.04)
Net change in cash (1.05) (1.33) (2.34)
Net cash-begin balance/reserved for future use 5.93 7.26 9.60
Net cash-end balance/reserved for future use 4.88 5.93 7.26
SUPPLEMENTAL INCOME
Depreciation, supplemental 0.25 0.22 0.25
Cash interest paid, supplemental 0.00 0 0.01
Cash taxes paid, supplemental 0.01 0.34 0.39








SINO
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SINO News: Sino-Global Continues Strategic Partnerships with Two Leading State-Owned Chinese Logistics and Transportation Companies 05/26/2017 08:30:00 AM
SINO News: Proxy Statement (definitive) (def 14a) 05/16/2017 04:07:09 PM
SINO News: Quarterly Report (10-q) 05/15/2017 10:52:50 AM
SINO News: Sino-Global Announces Fiscal Year 2017 Third Quarter Financial Results; Highlighted by a 134.1% Increase in Total Revenue and... 05/15/2017 10:40:00 AM
SINO News: Sino-Global Enters into Strategic Cooperation Agreement with Ningbo Xinyang Shipping Co., Ltd 04/27/2017 08:30:00 AM
PostSubject
#2480  Sticky Note SINO valuation & PE/EPS comparison: 14 cents EPS ash111 05/30/17 10:31:33 AM
#2616   Seeking Alpha's coverage of the Maritime Investment Forum Atlanta1 06/21/17 09:22:44 AM
#2615   Hopefully no later than by Friday... value1008 06/21/17 07:59:44 AM
#2614   what kind of time frame would you estimate Atlanta1 06/21/17 01:32:05 AM
#2613   Thank you! Canoepaddler 06/20/17 10:57:52 PM
#2611   Update on the proposed article - i heard value1008 06/20/17 07:37:57 PM
#2610   3 inst. investors invested $4.7m at 3.18/shares back ash111 06/20/17 04:31:54 PM
#2609   is SINO a buyout candidate with the price Atlanta1 06/20/17 04:04:39 PM
#2608   Any word on when the SA article might ksuave 06/20/17 04:03:31 PM
#2607   Looking like we might be able to buy rnoutlaw21 06/20/17 04:01:00 PM
#2606   This company has no LT debt and may Atlanta1 06/19/17 12:25:31 PM
#2605   In the remaining periods of fiscal year 2017, Atlanta1 06/19/17 12:09:27 PM
#2604   Third Quarter Highlights Atlanta1 06/19/17 12:08:56 PM
#2603   Note 17. SUBSEQUENT EVENTS Atlanta1 06/19/17 12:07:32 PM
#2602   pretty good stuff here: Atlanta1 06/19/17 12:05:00 PM
#2601   SINO market cap is $28 million. A CPTMatt 06/18/17 07:43:56 AM
#2600   The big ?, is this a BILLION $ company? f7455dm 06/17/17 06:09:32 PM
#2599   Will be much higher with eps higher.Maybe $40-$47 f7455dm 06/17/17 04:40:49 PM
#2598   Answer is yes.actually lil higher. ash111 06/17/17 02:55:44 PM
#2597   That is my target for now. Personalizit 06/17/17 02:15:47 PM
#2596   Wow if we had the same PE we f7455dm 06/17/17 10:22:09 AM
#2595   I recently checked the holdings for the Guggenheim value1008 06/16/17 07:05:34 PM
#2594   Nice buy pressure past 2 min, ash111 06/16/17 04:18:58 PM
#2593   looks like she wants to head higher.. Atlanta1 06/16/17 01:59:29 PM
#2592   added $SINO sub $2.78 avg. Atlanta1 06/16/17 12:21:57 PM
#2591   Today is due date for shorts on Nas. Sugarplum 06/16/17 10:14:22 AM
#2590   Any ETFs have SINO? Personalizit 06/16/17 09:47:13 AM
#2589   Maybe Monday morning would be a good time ksuave 06/16/17 12:29:22 AM
#2588   Agree and as you were saying before the MTH4 06/15/17 10:31:10 PM
#2587   Darn-- i don't know why it's taking so value1008 06/15/17 09:10:19 PM
#2586   I could not find a direct mention of Sugarplum 06/14/17 11:12:45 AM
#2585   Developments in the Global Logistics MarketFont Giovanni 06/14/17 09:44:24 AM
#2584   I haven't heard anything specifically about that in value1008 06/13/17 08:29:20 PM
#2583   Does anyone know anything about a cargo port f7455dm 06/13/17 05:18:13 PM
#2582   Thanks again Value and I am looking forward MTH4 06/13/17 12:38:58 PM
#2581   Matt, i'm hoping to bring in a lot value1008 06/13/17 12:05:49 PM
#2580   Thanks in advance for writing an article to CPTMatt 06/13/17 11:38:59 AM
#2579   Hey Ash and everyone, i just let it value1008 06/13/17 11:32:22 AM
#2578   thank you value1008 for your great job here. ash111 06/13/17 10:32:06 AM
#2577   Hey everyone, just wanted to update you on value1008 06/13/17 10:21:23 AM
#2576   Cosco Shipping Ports has agreed to purchase a Giovanni 06/13/17 08:01:14 AM
#2575   COSCO Shipping Ports buys majority stake in Spanish Personalizit 06/13/17 07:27:33 AM
#2574   Honestly, it's hard not to swing trade this riverterracekrew 06/10/17 12:49:56 PM
#2573   Good to see the short interest come down value1008 06/09/17 11:19:23 PM
#2572   Hi Value Thanks again for all your efforts MTH4 06/09/17 11:04:00 PM
#2571   From "thestreet"; Personalizit 06/09/17 09:32:01 PM
#2570   Short interest report on 5/31 shows a decline Personalizit 06/09/17 09:03:15 PM
#2569   Thanks for all you do. Sooner or later Personalizit 06/09/17 06:12:13 PM
#2568   Nasdaq index had a big washout day, though value1008 06/09/17 06:07:58 PM
#2567   Shipping stocks SB and GOGL are up 10% Personalizit 06/09/17 01:29:53 PM
#2566   BDI up today. Personalizit 06/09/17 09:17:23 AM
PostSubject