Last $1.39 USD
Change Today +0.08 / 6.11%
Volume 500.4K
KGJI On Other Exchanges
Symbol
Exchange
NASDAQ CM
Frankfurt
As of 8:10 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

kingold jewelry inc (KGJI) Snapshot

Open
$1.32
Previous Close
$1.31
Day High
$1.40
Day Low
$1.30
52 Week High
10/17/13 - $2.30
52 Week Low
05/1/14 - $0.98
Market Cap
91.7M
Average Volume 10 Days
137.4K
EPS TTM
$0.78
Shares Outstanding
66.0M
EX-Date
06/26/14
P/E TM
1.8x
Dividend
--
Dividend Yield
5.76%
Current Stock Chart for KINGOLD JEWELRY INC (KGJI)

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kingold jewelry inc (KGJI) Details

Kingold Jewelry, Inc. designs, manufactures, and sells gold jewelry, ornaments, and investment-oriented products in the People’s Republic of China. It provides a range of gold products, including gold necklaces, rings, earrings, bracelets, pendants, and gold bars. The company sells its products under the Kingold brand directly to distributors, retailers, and wholesalers covering 25 provinces in the People’s Republic of China. Kingold Jewelry, Inc. is based in Wuhan, the People’s Republic of China.

532 Employees
Last Reported Date: 03/31/14
Founded in 2002

kingold jewelry inc (KGJI) Top Compensated Officers

Founder, Chairman, Chief Executive Officer an...
Total Annual Compensation: $175.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $135.0K
Vice President and Director
Total Annual Compensation: $158.4K
Compensation as of Fiscal Year 2013.

kingold jewelry inc (KGJI) Key Developments

Kingold Jewelry Announces Special Dividend

Kingold Jewelry announced that it has started paying out its previously announced special dividend of $0.08 per share to stockholders of record as of June 30, 2014.

Kingold Jewelry, Inc. Announces Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended June 30, 2014; Reiterates Production Guidance for the Year of 2014

Kingold Jewelry, Inc. announced unaudited consolidated financial results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net sales of $339,766,164 against $367,042,088 a year ago. Income from operations was $22,808,314 against $8,806,293 a year ago. Income from operation before tax was $22,525,446 against $8,706,754 a year ago. Net income was $16,810,518 or $0.25 per diluted share against $6,325,266 or $0.10 per diluted share a year ago. Net sales decreased, largely as a result of lower gold prices during the period. For the six months, the company reported net sales of $647,219,263 against $588,450,210 a year ago. Income from operations was $47,447,520 against $13,046,355 a year ago. Income from operation before tax was $46,486,129 against $12,852,307 a year ago. Net income was $34,007,610 or $0.51 per diluted share against $9,358,896 or $0.15 per diluted share a year ago. Net cash provided by operating activities was $8,750,086 against net cash used in operating activities of $11,382,550 a year ago. Purchase of property and equipment was $150,718 against $44,545 a year ago. Book value per diluted share of $3.69 at June 30, 2014 compared to $3.35 at December 31, 2013. Based on its existing resources and capacity, strong demand for 24-karat gold products in China and continued efforts in building market share, the company reiterates its gold processed is expected to be between 60 metric tons and 70 metric tons during 2014.

Kingold Jewelry, Inc. Announces Special Cash Dividend, Payable on August 28, 2014

Kingold Jewelry, Inc. announced an adjustment to the payout date of its previously announced special cash dividend of $0.08 per share of common stock. The dividend will now be payable no later than August 28, 2014 to stockholders of record as of June 30, 2014. The change is due to the company requiring additional time to receive provincial government approvals in order to disperse the appropriate funds to stockholders.

 

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Price/Cash Flow 1.6x
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