Last $0.0010 USD
Change Today 0.00 / 0.00%
Volume 339.9K
DRGV On Other Exchanges
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As of 3:58 PM 09/23/14 All times are local (Market data is delayed by at least 15 minutes).

dragon capital group corp (DRGV) Snapshot

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Day High
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52 Week High
03/21/14 - $0.0034
52 Week Low
02/10/14 - $0.0008
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Average Volume 10 Days
1.5M
EPS TTM
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Shares Outstanding
0.0
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dragon capital group corp (DRGV) Details

Dragon Capital Group, Corp., through its subsidiaries, develops and integrates software applications primarily in China. It offers various software applications, including network software, gas pipeline risk assessment systems, e-business software development, and financial and enterprise information management systems; computerized automation control applications for commercial and residential buildings; commercial third-generation (3G) wireless applications and mobile business solutions; and multi imaging applications. The company develops commercial 3G wireless applications and mobile business solutions for the human resources, mobile banking, food, beverage, and entertainment industries; and operates xinkom.com, as well as wireless 3G-based platform to offer real estate services through the mobile Internet. It also operates two Websites, zc8888.com and yastandsms.com that offer short messaging services to the public, as well as serves as a wireless content provider, aggregator, and mobile marketing provider. In addition, Dragon Capital Group sells laser printers, copiers, scanners, facsimile machines, multi-functional office equipment, module routers, switches, video telephones, computers supplies, and network products; provides equipment repair and network integration services; and develops ERS software system to manage accounting, distribution, inventory, and sales for the financial institutions, telecommunication companies, hospitals, supermarkets, airports, railway stations, and government agencies. Additionally, it provides consulting services in various areas, such as trading information, public relations, corporate management, merger and acquisition, financial management, corporate strategic evaluations, and human resources. The company was formerly known as Dragon Venture and changed its name to Dragon Capital Group, Corp. in March 2005. Dragon Capital Group, Corp. was incorporated in 1977 and is based in Shanghai, China.

100 Employees
Last Reported Date: 06/5/12
Founded in 1977

dragon capital group corp (DRGV) Top Compensated Officers

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dragon capital group corp (DRGV) Key Developments

Dragon Capital Group Corp. Announces Financial Results for the Second Quarter and First Six Months of 2014 Ended March 31, 2014

Dragon Capital Group Corp. announced financial results for the second quarter and first six months of 2014 ended March 31, 2014. For the second quarter of 2014, total revenues were $5.0 million compared to revenues of $5.0 million recorded in the second quarter of 2013. Income from continuing operations in the quarter was $5,880 compared to income from continuing operations of $78,158 recorded in the second quarter of 2013. The decrease in income was mainly attributable to an increase in General and Administrative expenses resulting from the issuance of stock-based compensation. Net loss attributable to Dragon Capital Group in the second quarter of 2014 was $119,043 inclusive of a $74,000 loss from discontinued operations compared to net income attributable to Dragon Capital Group of $23,378 inclusive of a $6,000 loss from discontinued operations. For the first six months of 2014 total revenues were $9.3 million compared to $9.3 million in the first six months of 2013. For the first six months of 2014 the Company's operations resulted in a net loss attributable to Dragon Capital Group of $119,000, inclusive of a $114,000 loss from discontinued operations. This compared to net income of $119,000 inclusive of a $6,000 loss from discontinued operations recorded in the first six months of 2013.

Dragon Capital Group, Inc. Reports Financial Results for the First Quarter Ended March 31, 2014

Dragon Capital Group Corp. announced financial results for the first quarter ended March 31, 2014. For the first quarter of 2014, total revenues were $4.3 million compared to revenues of $4.2 million recorded in the first quarter of 2013. The increase in revenue was mainly attributable to an increase in sales of lower margin office equipment at the Company's Shanghai Zhaoli Technology Development Co. Ltd. Income from continuing operations was $141,000 compared to $181,000 recorded in the first quarter of 2013. Net loss attributable to Dragon Capital Group was $120.00 or $0.00 per basic and diluted share compared to net income attributable to Dragon Capital Group of $72,000 resulting in earnings per basic and diluted share of $0.00 in the first quarter of 2013. The company achieved a small increase in overall revenue in the first quarter as a result of increased sales from of lower margin office equipment at Zhaoli subsidiary.

Dragon Capital Group Corp. Reports Financial Results for the Full Year Ended December 31, 2013

Dragon Capital Group Corp. reported financial results for the full year ended December 31, 2013. For the full year of 2013, total revenues were $19.8 million with net income attributable to the company of $0.1 million compared to total revenues of $20.3 million and net income attributable to the company of $0.3 million recorded in 2012. The decrease in net income was mainly a result of increased operating expenses at the Company's Shanghai Yazheng subsidiary. Income from operations totaled $0.3 million in 2013 as compared to $0.5 million in 2012. For the full year of 2013 the company recorded net income of $0.1 million or $0.00 per basic and diluted share as compared to net income of $0.3 million or $0.00 per basic and diluted share. The company faced a very challenging domestic economy in China that resulted in a slight decline in revenue and net income for the year.

 

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