Last $0.67 USD
Change Today +0.0099 / 1.50%
Volume 8.6K
CNET On Other Exchanges
Symbol
Exchange
NASDAQ CM
Stuttgart
As of 5:20 PM 08/1/14 All times are local (Market data is delayed by at least 15 minutes).

chinanet online holdings inc (CNET) Snapshot

Open
$0.66
Previous Close
$0.66
Day High
$0.67
Day Low
$0.62
52 Week High
02/26/14 - $2.75
52 Week Low
08/1/13 - $0.45
Market Cap
15.0M
Average Volume 10 Days
30.6K
EPS TTM
$-0.01
Shares Outstanding
22.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CHINANET ONLINE HOLDINGS INC (CNET)

Related News

No related news articles were found.

chinanet online holdings inc (CNET) Related Businessweek News

No Related Businessweek News Found

chinanet online holdings inc (CNET) Details

ChinaNet Online Holdings, Inc., through its subsidiaries, provides business-to-businesses Internet services for small and medium enterprises (SMEs) sales networks in the People’s Republic of China. The company operates in five segments: Internet Advertisement, Technical Services, TV Advertisement, Bank Kiosks, and Brand Management and Sales Channel Building. It operates social networking service information platform, including chuangye.com, an information and service portal to assist entrepreneurs in developing their business, as well as sharing their resources in a Web2.0 and SNS2.0 driven interaction. The company also operates Internet advertising and marketing portals comprising 28.com for SMEs to advertise their business information, brands, products, services, and other related business opportunities through their mini-sites, as well as provides campaign management tools; Liansuo.com to serve international and overseas clients; and sooe.cn for smaller sized and emerging SMEs. In addition, it produces and distributes television shows comprising advertisements, infomercials, and promotions for various clients; and operates bank kiosk advertising network, which provide advertising services and Internet access to perform non-cash banking functions, such as transferring money, purchasing annuities and/or insurance, and paying bills. Further, the company offers brand consulting and management and sales channel building and expansion services, including brand investigation, modulization, application, and promotion, as well as sales channel expansion modeling, implementation, and management services. It serves customers in food and beverage, footwear, apparel and garments, cosmetics, health care, home goods and construction material, and environmental protection equipment industries. The company was founded in 2003 and is headquartered in Beijing, the People’s Republic of China.

449 Employees
Last Reported Date: 06/17/14
Founded in 2003

chinanet online holdings inc (CNET) Top Compensated Officers

Founder, Chairman, Chief Executive Officer an...
Total Annual Compensation: $37.4K
Chief Financial Officer, Treasurer and Direct...
Total Annual Compensation: $32.3K
Chief Operating Officer and Secretary
Total Annual Compensation: $31.9K
Compensation as of Fiscal Year 2013.

chinanet online holdings inc (CNET) Key Developments

ChinaNet Online Holdings Regains Compliance With NASDAQ Listing Rules

ChinaNet Online Holdings, Inc. announced that it received a letter on July 24, 2014 notifying the Company that it has regained compliance with NASDAQ's filing requirements set forth in Listing Rule 5250(c)(1) (the "Rule"). The Company filed its Form 10-Q for the period ended March 31, 2014 on July 17, 2014.

Chinanet Online Holdings, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014; Provides Revenue Guidance for the Fiscal Year 2014

ChinaNet Online Holdings, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported sales of $5.183 million against $7.049 million a year ago. Loss from operations was $665,000 against $57,000 a year ago. Loss before income tax expense, equity method investments and non-controlling interests was $651,000 against $26,000 a year ago. Loss before equity method investments and non-controlling interests was $699,000 against income before equity method investments and non-controlling interests of $60,000 a year ago. Net loss attributable to the company was $668,000 or $0.03 per diluted share against income attributable to the company of $30,000 or $0.00 per diluted share a year ago. Net cash used in operating activities was $1,351,000 against $431,000 a year ago. Purchases of vehicles and office equipment were $13,000 against $11,000 a year ago. The company is forecasting revenues of approximately $39 million for the fiscal year 2014.

ChinaNet Online Holdings Receives Extension To Regain Compliance With NASDAQ Listing Rules

ChinaNet Online Holdings, Inc. announced that on June 30, 2014, NASDAQ granted an exception to enable the Company to regain compliance with NASDAQ's filing requirements set forth in Listing Rules 5250(c)(1). The Company must file the Form 10-Q for the period ended March 31, 2014 as required by the Rule on or before July 31, 2014. By another letter dated June 30, 2014, NASDAQ advised the Company that as a result of the filing of its Form 10-K with the Securities and Exchange Commission for the year ended December 31, 2013, the Company is no longer non-compliant with the filing of the Form 10-K. However, since NASDAQ has not received the Form 10-Q, the Company remains non-compliant with the Rule. The Company is continuing to work diligently to complete the Form 10-Q on or before July 31, 2014. These notifications have no immediate effect on the listing of the Company's common stock on NASDAQ. There can be no assurance, however, that the Company will be able to regain compliance with the listing requirements discussed above or otherwise satisfy the other NASDAQ listing criteria.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CNET:US $0.67 USD +0.0099

CNET Competitors

Market data is delayed at least 15 minutes.

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

Industry Analysis

CNET

Industry Average

Valuation CNET Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.5x
Price/Book 0.3x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CHINANET ONLINE HOLDINGS INC, please visit www.chinanet-online.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.