Giant Interactive Group Inc. Posts Higher Revenue
Giant Interactive Group Inc. (NYSE:GA) has announced its financial results for the fiscal third quarter of the year. The company declared that it increased its net income by 6 percent. It also declared that the popularity of its games is rising.
* Giant Interactive Group Inc. earned $31.2 million or 208.7 million Yuan in net income for the quarter.
* Giant Interactive Group Inc. had earned 197.7 million Yuan in net income for the corresponding quarter of the last year.
The company was expected to post its net income at 13 cents per US traded share. The company met the expectations by posting the similar amount. However, excluding certain items, its earnings per share stood at 14 cents per share. Giant Interactive Group Inc. also reported increase in its revenue by 17 percent. The company registered 338.7 million Yuan in revenue for the quarter, up from 2902. Million Yuan, it had earned a year earlier. The revenue lagged behind the consensus estimate of $51 million.
Giant Interactive Group Inc. also reported growth in its “ZT Online Series” games. The company said its active paying accounts have increased 35 percent to 1.5 million.
Key Financial Stats
Valuation
* Price/Earnings(TTM)7.80
* Price/Cash Flow7.20
* Price/Sales (TTM)4.84
* Price/Book1.79
Financial Strength
* Quick Ratio (MRQ)9.40
* Current Ratio (MRQ)9.80
* LT Debt to Equity (MRQ)0.00
* Total Debt to Capital (MRQ)0.00
* Return on Equity23.80
Assets
* Asset Turnover0.40
* Asset per Employee.4M
* Inventory Turnover575.50
Per Share Data
* Earnings (TTM)0.89
* Current P/E Ratio9.80
* Cash Flow0.97
* Annual Dividend0.17
* Book Value3.87
* EBITDA67.60
Profitability
* Market Cap0.89
* Gross Margin (TTM)84.60
* Operating Margin (TTM)67.60
* Profit Margin (TTM) 64.30
Management Effectiveness
* Return on Equity (TTM)23.80%
* Return on Assets (TTM)21.80%
* Return on Investment (TTM)23.80%
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