Stock Market Watch

China Advanced Con. Materials – Lower volumes, due to recent government suspension of new and ongoing high-speed rail projects

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China Advanced Con. Materials Gr. Inc (NASDAQ:CADC). Last Market Price: 2.43, Change: +0.03, % Change: (1.25%). Shares trade in the range of 2.40 – 2.45 dollars. It has a market capitalization of 43.27M dollars, making it a Small Cap Stock and has 17.81M outstanding shares. The company has a beta of -1.08, indicating that the stock moves counter to the market. As per the most recent quarterly report, the net income per share (EPS) is 0.94; P/E of 2.58 indicating that the stock may be undervalued. It operates in Capital Goods sector and belongs to Construction – Raw Materials industry. Percentage shares held by institutional investors is 6%. The company has a 52 week Price range (low – high) of $ 1.45 – 5.39. Average volumes of shares traded daily are 94,851. Volume traded in the last session was at 24,022, 0.25 times the average volume.

  • China Adv. Construction Materials reports Q1
    • EPS of $0.17
    • Revenues up +44% Year on year tp 44.6 million
  • States: In light of ongoing quality inspections at high-speed rail construction sites across the country, and the recent government suspension of new and ongoing high-speed rail projects, we experienced lower volumes at several of our manufacturing services division plants in the quarter. As a result, we continue to focus on managing our cost structure in anticipation of lower volumes from our portable plant network for the foreseeable future.

For Q2 (Jun ’11), It had a Net profit margin of 14.12%, an Operating margin of 3.37%. Other Key stats and ratios are : Return on average assets of 20.07%, Return on average equity of 35.34%. The organization has an employee strength of 748

Estimate for sales for the Year Ending Jun-11 show a mean of 118.71 million dollars, an estimate high of 119.61 million dollars and an estimate low of 117.82 million dollars.


Estimate for EPS for the Year Ending Jun-11 show a mean of 0.74 dollars, an estimate high of 0.75 dollars and an estimate low of 0.72 dollars.

Sales for Quarter Ending Jun-11 was estimated at 30.11 million dollars, however the actual sales figure stood at 49.30 million dollars, 19.19 million dollars more than estimates.

Sales for Quarter Ending Mar-11 was estimated at 26.48 million dollars, however the actual sales figure stood at 23.12 million dollars, 3.36 million dollars less than estimates.

edliston
Post Written By: Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.


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Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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