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China Metro-Rural Holdings Ltd fka CNR

Followers
3
Posters
32
Posts (Today)
0
Posts (Total)
265
Created
11/07/07
Type
Free
Moderators





China Metro-Rural Holdings Limited (the “Company”) (Ticker: CNR) 

The principal activities of the Company and its subsidiaries (collectively the “Group”) are developments and operations of integrated agricultural logistics platform and rural-urban migration redevelopment in mainland China, which include construction, sales and leasing of agricultural trade centers, office premises, warehouses and life supporting facilities such as restaurants, hotels and residential dwellings, and assignment of development rights.

The Group’s first agricultural logistics platform is located in Tieling City of Liaoning Province in Northeast China, known as Tieling Northeast Logistics City (“Tieling NLC”). Liaoning Province, together with Heilongjiang and Jilin Provinces, are known as the “Northeast Tri-Province”, and are well known for their agricultural produces/products, such as corns, rice, barley, soybean, various nuts, agricultural machinery, etc. Liaoning is the largest economy among the Northeast Tri-Province and ranked 7th in China in terms of GDP in 2009.

The total planned site area of Tieling NLC is approximately 4 million square meters with maximum buildable gross floor area of over 8 million square meters. 

The introduction of Tieling NLC to the area is a milestone both for the Company and Northeast China as Tieling NLC is the first logistics platform of its mega size with agricultural focus. NLC is also a major step toward a modern and transparent agricultural trading platform.

The Group’s second project is located in Dezhou City of Shandong Province, known as Dezhou Northeast Logistics City (“Dezhou NLC”), which involved development of a logistics platform and redevelopment of existing markets. The total planned site area of Dezhou NLC is approximately 7 million square meters with maximum buildable gross floor area of over 15 million square meters.

The Group’s latest project is located in Hengyang City of Hunan Province, which involve development of logistics platform under the brand name of China Glorious City.  The total planned site area of 2.7 with maximum buildable gross floor area of over 7 million.

In addition to Tieling NLC, Dezhou NLC and China Glorious City in Hengyang, the Company is actively seeking potential projects in other regions of mainland China to expand its coverage.


Income Statement
Revenue (ttm): 29.76m
Revenue Per Share (ttm): 0.41
Qtrly Revenue Growth (yoy): -26.20%
Gross Profit (ttm): 8.60m
EBITDA (ttm)6: -28.62m
Net Income Avl to Common (ttm): -21.12m
Diluted EPS (ttm): -0.24
Qtrly Earnings Growth (yoy): N/A
 
Balance Sheet
Total Cash (mrq): 30.42m
Total Cash Per Share (mrq): 0.41
Total Debt (mrq): 166.11m
Total Debt/Equity (mrq): 106.52
Current Ratio (mrq): 1.56
Book Value Per Share (mrq): 2.06
 
Market Cap (intraday)5: 85.20m
Enterprise Value (24 Jan 2014)3: 205.53m
Trailing P/E (ttm, intraday): N/A
Forward P/E (fye 31 Mar 2015)1: N/A
PEG Ratio (5 yr expected)1: N/A
Price/Sales (ttm): 2.45
Price/Book (mrq): 0.48
Enterprise Value/Revenue (ttm)3: 6.91
Enterprise Value/EBITDA (ttm)6: -7.18


Fiscal Year
Fiscal Year Ends: 31 Mar
Most Recent Quarter (mrq): 30 Sep 2013
 

Share Statistics
Avg Vol (3 month)3: 21,023
Avg Vol (10 day)3: 22,414
Shares Outstanding5: 73.51m
Float: 7.85m
% Held by Insiders1: 50.77%
% Held by Institutions1: 58.50%
Shares Short (as of 31 Dec 2013)3: 477.00
Short Ratio (as of 31 Dec 2013)3: 0.00
Short % of Float (as of 31 Dec 2013)3: N/A
Shares Short (prior month)3: 5.18k


Net Share Purchase Activity
Insider Purchases - Last 6 Months