Last $0.24 HKD
Change Today -0.009 / -3.69%
Volume 3.3M
1073 On Other Exchanges
Symbol
Exchange
Hong Kong
Berlin
As of 4:01 AM 08/22/14 All times are local (Market data is delayed by at least 15 minutes).

china agrotech holdings ltd (1073) Snapshot

Open
$0.24
Previous Close
$0.24
Day High
$0.25
Day Low
$0.23
52 Week High
12/18/13 - $0.45
52 Week Low
05/26/14 - $0.15
Market Cap
235.4M
Average Volume 10 Days
7.5M
EPS TTM
$0.0038
Shares Outstanding
1.0B
EX-Date
11/30/07
P/E TM
62.7x
Dividend
--
Dividend Yield
--
Current Stock Chart for CHINA AGROTECH HOLDINGS LTD (1073)

Related News

No related news articles were found.

china agrotech holdings ltd (1073) Related Businessweek News

No Related Businessweek News Found

china agrotech holdings ltd (1073) Details

China Agrotech Holdings Limited, an investment holding company, trades in fertilizers and other agricultural resources products in Mainland China. It operates in Trading Operation, Manufacturing Operation, Consultancy Operation, Non-Agricultural Resources Trading Operation, and Seedling Operation segments. The company principally offers nitrogenous, phosphorous, potash, and compound fertilizers. It also manufactures and sells plant growth regulatory products and fertilizers; and provides agricultural technical support services. In addition, the company is involved in the research and development, nursing, planting, and sale of landscaping seedlings, as well as trade of non-agricultural resources products, such as coal and industrial chemicals. China Agrotech Holdings Limited was incorporated in 1999 and is headquartered in Wan Chai, Hong Kong.

1,000 Employees
Last Reported Date: 03/27/14
Founded in 1999

china agrotech holdings ltd (1073) Top Compensated Officers

Founder, Chairman, Chief Executive Officer, C...
Total Annual Compensation: $870.0K
International Trading Manager and Executive D...
Total Annual Compensation: $139.0K
Compensation as of Fiscal Year 2013.

china agrotech holdings ltd (1073) Key Developments

China Agrotech Holdings Limited Provides Earnings Guidance for the Year Ended June 30, 2014

China Agrotech Holdings Limited provided earnings guidance for the year ended June 30, 2014. For the year, the company expects that the Group will record a loss after tax for the year ended 30 June 2014, which may be significant, as compared with a profit after tax for the year ended 30 June 2013. This is mainly due to: that there was a record of a gain from compensation of shortfall of guaranteed profit arising from an acquisition, amounted to HKD 150,000,000 during the year ended 30 June 2013 while there was no such gain during the year ended 30 June 2014 upon expiry of the relevant profit guarantee period; the increase in finance cost of the Group's indebtedness; and the scaling down of the operations of the Group.

China Agrotech Holdings Limited Announces Board Changes, Effect from June 18, 2014

The board of directors of China Agrotech Holdings Limited announced that Mr. Cheung Ka Yue has been appointed as independent non-executive director, chairman of remuneration committee, member of audit committee and member of nomination committee of the Company with effect from 18 June 2014. Mr. Cheung has over 19 years of experience in finance, auditing, corporate management and commercial developments. Mr. Cheung is currently an executive director of a catering service company in Hong Kong. Mr. Cheung is also a member of the Duanzhou Committee of the Chinese People's Political Consultative Conference of the People's Republic of China. The board also announced that Mr. Li Yik Sang resigned as independent non-executive director, chairman of remuneration committee, member of audit committee and member of nomination committee of the company with effect from 18 June 2014 as he would like to concentrate on his own profession and businesses. Mr. Li Yik Sang has confirmed to the board that he has no disagreement with the Board and there is no matter in respect of his resignation that needs to be brought to the attention of the shareholders of the company.

China Agrotech Holdings Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended December 31, 2013

China Agrotech Holdings Limited reported unaudited consolidated earnings results for the six months ended December 31, 2013. For the period, the company reported turnover was HKD 2,593,701,000 against HKD 2,476,468,000 a year ago. Profit from operations was HKD 76,539,000 against HKD 228,199,000 a year ago. Profit before taxation was HKD 14,761,000 against HKD 161,876,000 a year ago. Profit attributable to owners of the company was HKD 10,515,000 or 1.06 cents per diluted share against HKD 161,155,000 or 16.69 cents per diluted share a year ago. The significant decrease in profit attributable to owners of the company was mainly due to that there was a record of a gain from compensation of shortfall of guaranteed profit arising from an acquisition, amounted to HKD 150,000,000 during the six month period ended 31 December, 2012 while there was no such gain during the six month period ended 31 December, 2013 upon expiry of the relevant profit guarantee period. Excluding the impact of certain non-cashflow items (gain/loss arising from change in fair value less costs to sell of biological assets, gain/loss from change in fair value of derivative financial liabilities, and notional interest expense on financial liabilities) and the non-recurring item of the last period of gain from compensation of shortfall of guaranteed profit arising from an acquisition, net profit was approximately HKD 23,501,000 compared to HKD 40,311,000 in 2012, representing a decrease of about 42%. This was mainly due to the decrease in segment profit of the seedling operation as a result of corresponding decrease in sale of small seedlings of whitebark pines (a major seedling species) during the period after promotional sales of such category of whitebark pines during the last period upon implementation of the strategy of adjusting the seedlings product mix. The increase in consolidated turnover of the Group was mainly due to the increase in sale of agricultural resources products, though at lower gross profit margins, in order to maintain the Group's competitiveness in the market, and the increase in trading of non-agricultural resources products, such as coal and timber, during the period. Net cash generated from operating activities was HKD 40,703,000 compared to net cash generated used in operating activities of HKD 293,565,000 a year ago.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
1073:HK $0.24 HKD -0.009

1073 Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for 1073.
View Industry Companies
 

Industry Analysis

1073

Industry Average

Valuation 1073 Industry Range
Price/Earnings 63.0x
Price/Sales 0.0x
Price/Book 0.1x
Price/Cash Flow 63.5x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CHINA AGROTECH HOLDINGS LTD, please visit www.chinagrotech.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.