Last $1.15 USD
Change Today +0.0699 / 6.47%
Volume 391.2K
GSI On Other Exchanges
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Exchange
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As of 8:04 PM 09/2/14 All times are local (Market data is delayed by at least 15 minutes).

general steel holdings inc (GSI) Snapshot

Open
$1.10
Previous Close
$1.08
Day High
$1.15
Day Low
$1.10
52 Week High
03/11/14 - $1.58
52 Week Low
09/5/13 - $0.80
Market Cap
67.1M
Average Volume 10 Days
212.0K
EPS TTM
$-0.93
Shares Outstanding
58.3M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for GENERAL STEEL HOLDINGS INC (GSI)

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general steel holdings inc (GSI) Details

General Steel Holdings, Inc., through its subsidiaries, manufactures and sells steel products in the People’s Republic of China. It offers hot-rolled carbon and silicon steel sheets for use in light agricultural vehicles under the Qiu Steel name; double spiral-weld pipes for use in the energy sector to transport oil and steam under the Baogang Tongyong name; and reinforced bars and high-speed wires for infrastructure and construction applications under the Yu Long and Heng Da names. The company is headquartered in Beijing, China.

9,050 Employees
Last Reported Date: 08/19/14

general steel holdings inc (GSI) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $169.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $67.9K
Compensation as of Fiscal Year 2013.

general steel holdings inc (GSI) Key Developments

General Steel Holdings, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Six Months Ending December 31, 2014

General steel holdings, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the second quarter, total sales for the second quarter of 2014 decreased by 10.0% year-over-year to $588.0 million, compared with $653.7 million in the second quarter of 2013. The year-over-year sales decreases were due to decreases in both average selling price of rebar and sales volume. Income from operations was $6,325,000 compared with loss from operations was $46,890,000 a year ago. Loss before provision for income taxes and non controlling interest was $16,435,000 compared with $63,668,000 a year ago. Net loss attributable to general steel holdings Inc. was $11,019,000 compared with $39,818,000 a year ago. Basic and diluted loss per share was $0.20 compared with $0.72 a year ago. For the six months, the company reported total sales of $1,182,224,000 compared with $1,304,942,000 a year ago. The year-over-year sales decreases were due to decreases in both average selling price of rebar and sales volume. Loss from operations was $37,338,000 compared with $14,999,000 a year ago. Loss before provision for income taxes and non controlling interest was $86,026,000 compared with $53,077,000 a year ago. Net loss attributable to general steel holdings Inc. was $54,583,000 compared with $36,715,000 a year ago. Basic and diluted loss per share was $0.98 compared with $0.67 a year ago. Net cash provided by operating activities was $121,657,000 compared with net cash used in operating activities was $61,436,000 a year ago. Equipment purchase and intangible assets was $112,713,000 against $52,350,000 a year ago. For the six months ending December 31, 2014, the company reiterates that it currently projects sales to range from $1.3 billion to $1.4 billion, on sales volume of approximately 3 million metric tons, net income attributable to the company to range from $4.5 million to $6.5 million, and EPS attributable to the company to range from $0.08 to $0.12.

General Steel Holdings, Inc. announced delayed 10-Q filing

On 08/14/2014, General Steel Holdings, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

General Steel Holdings, Inc., Q2 2014 Earnings Call, Aug 14, 2014

General Steel Holdings, Inc., Q2 2014 Earnings Call, Aug 14, 2014

 

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