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As of 9:52 PM 08/27/14 All times are local (Market data is delayed by at least 15 minutes).

qingmei group holdings ltd (QMEI) Snapshot

Open
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Previous Close
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Day High
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Day Low
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52 Week High
09/20/13 - $0.05
52 Week Low
08/21/14 - $0.02
Market Cap
10.9M
Average Volume 10 Days
462.1K
EPS TTM
$-0.39
Shares Outstanding
679.8M
EX-Date
11/3/11
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for QINGMEI GROUP HOLDINGS LTD (QMEI)

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qingmei group holdings ltd (QMEI) Details

Qingmei Group Holdings Limited, an investment holding company, engages in the design and manufacturing of mid-end and high-end sports shoe soles in the People’s Republic of China. The company offers its products under the names of MD II, MD I, and RB, which are used in the manufacture of shoes for athletic, sporting, and physical activities, such as running, tennis, basketball, climbing, cross-training, and casual-wear sports. Qingmei Group Holdings Limited supplies its products to domestic shoe manufacturing brands, which include Double Star, Jin Shu Wang, Kang Ta, Qiao Dan, K-Bird, 361°, and Xtep. The company was incorporated in 2009 and is headquartered in Jinjiang, the People’s Republic of China.

Founded in 2009

qingmei group holdings ltd (QMEI) Top Compensated Officers

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qingmei group holdings ltd (QMEI) Key Developments

Qingmei Group Holdings Limited Provides Group Earnings Guidance for the Year Ended June 30, 2014

Qingmei Group Holdings Limited announced following the preliminary review of fiscal 2014 results, the Board of the company informed that the group is expected to record an increase in the losses for the financial year ended June 30, 2014 as compared to the losses recorded for the financial year ended June 30, 2013, mainly due to a potential provision made for non-current assets impairment, change in the fair value of investment properties and provision for impairment of trade receivables.

Qingmei Group Holdings Limited expected to report Fiscal Year 2014 results on August 29, 2014. This event was calculated by Capital IQ (Created on May 22, 2014).

Qingmei Group Holdings Limited expected to report Fiscal Year 2014 results on August 29, 2014. This event was calculated by Capital IQ (Created on May 22, 2014).

Qingmei Group Holdings Limited Announces Unaudited Group Earnings Results for the Third Quarter and Nine Months Ended March 31, 2014

Qingmei Group Holdings announced unaudited group earnings results for the third quarter and nine months ended March 31, 2014. For the quarter, the company reported loss attributable to the owners of the company and loss before income tax of RMB 31,092,000 or 4.6 cents basic loss per share on revenue of RMB 76,108,000 compared to loss attributable to the owners of the company and loss before income tax of RMB 33,428,000 or 4.9 cents basic loss per share on revenue of RMB 30,485,000 for the corresponding period last year. The increase in revenue was mainly due to the increase in sales quantity of 179.8% to 5.3 million pairs of shoe soles. Net cash used in operating activities was RMB 52,463,000 against RMB 6,443,000 of prior year period. Payment for purchases of property, plant and equipment amounted to RMB 2,610,000. For the nine months, the company reported loss attributable to the owners of the company and loss before income tax of RMB 78,435,000 or 11.5 cents basic loss per share on revenue of RMB 176,407,000 compared to loss attributable to the owners of the company and loss before income tax of RMB 95,512,000 or 14.0 cents basic loss per share on revenue of RMB 128,735,000 for the corresponding period last year. Net cash used in operating activities was RMB 100,856,000 against RMB 40,965,000 of prior year period. Payment for purchases of property, plant and equipment amounted to RMB 20,110,000 against RMB 8,750,000 of prior year period.

 

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