Agoracom Blog

New GAO Report on “Rare Earth Metals In Defense Supply Chain” Illustrates Concern With China’s Supply Control

Posted by AGORACOM at 10:45 AM on Tuesday, April 20th, 2010

On April 14, 2010, the Government Accountability Office (GAO) submitted a Report On Rare Earth Materials In The Defense Supply Chain to the Committees on Armed Services of the Senate and House of Representatives.  It is a 38-page report that is well worth the read for anybody invested or interested in Rare Earth Metals companies.  I read it and came away with a clear impression of concern over China’s supply of Rare Earth Metals.  Here are some highlights:

I found it interesting that the DOD has not yet identified national security risks as a result of REM dependency, yet a few pages later states that China produced 97% of rare earth oxides in 2009.  Furthermore, the report goes on to say that refined rare earth metals are almost exclusively available from China.

Now, logically speaking, that isn’t necessarily a concern if rare earth metal supplies could be readily developed and produced elsewhere.  Unfortunately, that doesn’t seem to be the case according to this:

The report goes on to add that other obstacles stand in the way of rebuilding a US supply chain including:

  • Environmental Standards & Compliance – Significantly higher in the US than China
  • Patents – Foreign companies own patents on manufacturing key rare earth metals
  • Time – Alternatives to rare earth metals could take 10-15 years and still not meet spec requirements

Overall, this is a great report and a must read for anyone that is investing in the future of this space.

Regards,
George

Chinese Small-Cap Company Feature: China Energy Corp

Posted by AGORACOM at 9:30 AM on Tuesday, April 20th, 2010

As many of you know, we are very bullish on the long-term future of Chinese small cap and mid cap companies for two reasons:

1] The obvious reason – China is the fastest growing economy on the planet and nothing is going to slow down its ascent over the next 50 years and beyond. Investing in growth companies there just makes too much sense.

2] Great Results and Valuations – Many Small Cap Chinese Companies are listing in the US (OTCBB, NYSE Alternext and NASDAQ) with great financial results. Unlike many dubious US Small Cap Companies, Chinese Companies don’t seem to believe in losing money or failing to execute in a business plan. As such, 7-digit revenues and profits are very common.

From a valuation point of view, many Chinese companies became a victim of their own success in Q4 2008 and Q1 2009. Why? When the world needed to start liquidating, one of the first places they looked were China where most investors had significant gains to sell into. This resulted in the proverbial baby being thrown out with the bathwater and some great valuations.

TODAY’S FEATURED COMPANY

China Energy Corp. (OTC.BB:CHGY)

China Energy Corporation produces and processes raw coal for domestic heating, electrical generation and coking purposes for steel production primarily in the People’s Republic of China, and acts as a brokerage in facilitating coal trade transactions. The Company produces coal through its subsidiary Inner Mongolia Tehong Coal Group Co, Ltd. (“Coal Group”) and supplies heating and electricity requirements throughout the XueJiaWan district through its subsidiary Inner Mongolia Zhunger Heat Power Co., Ltd. (“Heat Power”).

On April 20th, the Company reported it’s financial results for the first quarter of its fiscal year ending November 30, 2010.

Check out the full details below:

Read Full Press Release

Chinese Stocks TV Segment

Highlights:

  • Revenue of $20.8 million, an increase of 314.1% over revenue of$5.0 million generated in the first quarter of fiscal year 2009.
  • First quarter fiscal year 2010 sales from the Company’s coal group increased 962% to $16.2 million, or 78.2% of total sales, compared to $1.5 million, or 30.5% of total sales in the same period in fiscal year 2009.
  • Net income in the first quarter of fiscal year 2010 totaled approximately $4.0 million, or $0.09 per share, compared to a loss of approximately $0.5 million, or $0.01 per share in the first quarter of fiscal year 2009.
  • Cash and cash equivalents totaled $3.7 million on February 28, 2010 compared to $5.1 million on November 30, 2009. The Company had total stockholders’ equity of $37.3 million, with total assets of $85.9 million versus total liabilities of $48.6 million on February 28, 2010.

YOUR RESEARCH STARTING POINTS FOR CHINESE SMALL CAP AND MID CAP COMPANIES

We’ve provided investors with two great starting points to research great Chinese small cap and mid cap companies.

1. ChinaSecurities.com – ChinaSecurities.com tracks 250 of the best small cap and mid cap companies trading on North American exchanges. It provides you with the best of the best in two ways. First, the front page lists the best news of the day coming out of the space. It does so by giving you a text view of the best press releases by industry and via Chinese Stocks TV, a 5-minute broadcast every morning just after the open. Chinese Stocks TV is archived, so you can catch up on shows you missed.

Second, if you want to research each of the 250 companies to find candidates for your portfolio, it has a very intuitive directory that lets you quickly review each company on the master list, or parse it out by industry and exchange if you have a particular sector of interest. Cool stuff.

2. Right here on AGORACOM, you can refer to our China category for other featured Chinese Small-Cap Companies. As always, we will disclose any IR relationship with any public company. Given the sheer number of great Chinese Small-Cap Companies out there, you can expect us NOT to have an IR relationship with most of these companies.

Regards,
George

Chinese Small-Cap Company Feature: Sinobiopharma

Posted by AGORACOM at 9:30 AM on Monday, April 19th, 2010

As many of you know, we are very bullish on the long-term future of Chinese small cap and mid cap companies for two reasons:

1] The obvious reason – China is the fastest growing economy on the planet and nothing is going to slow down its ascent over the next 50 years and beyond. Investing in growth companies there just makes too much sense.

2] Great Results and Valuations – Many Small Cap Chinese Companies are listing in the US (OTCBB, NYSE Alternext and NASDAQ) with great financial results. Unlike many dubious US Small Cap Companies, Chinese Companies don’t seem to believe in losing money or failing to execute in a business plan. As such, 7-digit revenues and profits are very common.

From a valuation point of view, many Chinese companies became a victim of their own success in Q4 2008 and Q1 2009. Why? When the world needed to start liquidating, one of the first places they looked were China where most investors had significant gains to sell into. This resulted in the proverbial baby being thrown out with the bathwater and some great valuations.

TODAY’S FEATURED COMPANY

Sinobiopharma (OTC.BB:SNBP)

Snbp

Sinobiopharma, Inc. is a fully integrated and highly innovative specialty biopharmaceutical company engaged in the research and development, manufacture and marketing of biopharmaceutical products in China, the world’s fastest growing pharmaceutical market. Known as Dong Ying (Jiangsu) Pharmaceutical Co., Ltd. in China, the Company’s current therapeutic focus is on anesthesia-assisted agents and cardiovascular drugs.

On April 19th 2010, the Company nnounced its financial results for the third quarter ended February 28, 2010.

Check out the full details below:

Read Full Press Release

Chinese Stocks TV Segment

HIGHLIGHTS

  • — Total revenue increased 145% year-over-year to approximately $2.0 million from $0.8 million in the comparable period of 2009.
  • Gross margin increased 172% year-over-year to approximately $1.6 million, or 81% of sales from $0.6 million, or 73% of sales for the same period of 2009.
  • Operating income increased $1.8 million to approximately $1.0 million from a loss of $0.8 million for the same period of 2009.

YOUR RESEARCH STARTING POINTS FOR CHINESE SMALL CAP AND MID CAP COMPANIES

We’ve provided investors with two great starting points to research great Chinese small cap and mid cap companies.

1. ChinaSecurities.com – ChinaSecurities.com tracks 250 of the best small cap and mid cap companies trading on North American exchanges. It provides you with the best of the best in two ways. First, the front page lists the best news of the day coming out of the space. It does so by giving you a text view of the best press releases by industry and via Chinese Stocks TV, a 5-minute broadcast every morning just after the open. Chinese Stocks TV is archived, so you can catch up on shows you missed.

Second, if you want to research each of the 250 companies to find candidates for your portfolio, it has a very intuitive directory that lets you quickly review each company on the master list, or parse it out by industry and exchange if you have a particular sector of interest. Cool stuff.

2. Right here on AGORACOM, you can refer to our China category for other featured Chinese Small-Cap Companies. As always, we will disclose any IR relationship with any public company. Given the sheer number of great Chinese Small-Cap Companies out there, you can expect us NOT to have an IR relationship with most of these companies.

Regards,
George

AGORACOM to Display Partial IP Addresses Of All Posts As Of April 26, 2010

Posted by AGORACOM at 12:45 PM on Friday, April 16th, 2010

Dear Members,

We are pleased to announce that AGORACOM will begin displaying a partial IP address of all posts made on and after Monday, April 26, 2010. The measure has been introduced in order to provide our community with greater transparency with respect to posts on AGORACOM.  As a result of this new measure, members will be able to view other members who may be using the same IP address with just one click – and report any suspicious activity via the AGORACOM violations system.

HOW IT WORKS – PRIVACY INTACT

We want to emphasize that only partial IP addresses will be displayed in order to maintain the privacy of our members.  Much like receipts printed out after making a purchase at a restaurant, only part of the IP address will be visible to the public in order to maintain the privacy of all members.

For example, an IP address is comprised of four sets of numbers and looks like this: 252.234.99.23. When displayed on AGORACOM, the first two sets of numbers will be concealed in order to keep your location/geographic information private.  As such, the IP address 252.234.99.23 will be publicly displayed as XXX.XXX.99.23 to insure your privacy.

HOW IT WORKS – TRANSPARENCY

Using the above IP as an example, members that are suspicious of a particular member’s posting will be able to click on the displayed IP address XXX.XXX.99.23.  The AGORACOM system, which keeps track of the full IP address in our back end, will automatically display any other members that share the full IP address.  A match does not necessarily mean a violation has occurred but it will allow members to quickly and easily compare the posts of members sharing an IP address for potential multiple alias violations.  If a member suspects a multiple alias violation, they can then easily report it via our “Report Violation” system.

We want to thank-you for continuing to make AGORACOM the best small-cap community on the web and look forward to any questions and comments you may have pertaining to our new IP address initiative.

Regards,
George, Paul et al

ChinaSecurities.com Small-Cap Company Feature: China New Energy

Posted by AGORACOM at 9:32 AM on Friday, April 16th, 2010

As many of you know, we are very bullish on the long-term future of Chinese small cap and mid cap companies for two reasons:

1] The obvious reason – China is the fastest growing economy on the planet and nothing is going to slow down its ascent over the next 50 years and beyond. Investing in growth companies there just makes too much sense.

2] Great Results and Valuations – Many Small Cap Chinese Companies are listing in the US (OTCBB, NYSE Alternext and NASDAQ) with great financial results. Unlike many dubious US Small Cap Companies, Chinese Companies don’t seem to believe in losing money or failing to execute in a business plan. As such, 7-digit revenues and profits are very common.

From a valuation point of view, many Chinese companies became a victim of their own success in Q4 2008 and Q1 2009. Why? When the world needed to start liquidating, one of the first places they looked were China where most investors had significant gains to sell into. This resulted in the proverbial baby being thrown out with the bathwater and some great valuations.

TODAY’S FEATURED COMPANY

China New Energy – OTC.BB:CNER

Cner

China New Energy Group Company (“China New Energy” or the “Company”) is a vertically integrated natural gas company engaged in the development of natural gas distribution networks, and the distribution of natural gas to residential, industrial, and commercial users in small and medium sized cities in China. The Company generates revenues primarily from the connection fees it charges its customers for interconnecting to pipelines in its natural gas distribution networks, and fees for natural gas usage.

On April 16th, 2010, the Company announced its financial results for the twelve months endedDecember 31, 2009.

Check out the full details below!

Read Full Press Release

China Stocks TV Segment

Financial highlights of 2009 fiscal year are:

— Revenue increased 114.4% to $11.8 million compared to 2008
— Gross profit increased 139.8% to $8.6 million
— Gross margin increased 780 basis points to 73.5%
— Operating income increased 214.1% to $4.9 million
— Operating margin increased to 42.0% from 28.7%
— Net income from continuing operations was $6.8 million, or $0.04 per  diluted share, compared to a net loss from continuing operations of
$1.6 million, or ($0.09) per diluted share, last year
— Adjusted net income from continuing operations, which excludes the   non-cash impact of the change in fair value of derivative financial
instruments, was $3.2 million, or $0.02 per diluted share, up 247.1%  from adjusted net income of $0.9 million, or $0.01 per share, last
year(*)

YOUR RESEARCH STARTING POINTS FOR CHINESE SMALL CAP AND MID CAP COMPANIESWe’ve provided investors with two great starting points to research great Chinese small cap and mid cap companies.

1. ChinaSecurities.com – ChinaSecurities.com tracks 250 of the best small cap and mid cap companies trading on North American exchanges. It provides you with the best of the best in two ways. First, the front page lists the best news of the day coming out of the space. It does so by giving you a text view of the best press releases by industry and via Chinese Stocks TV, a 5-minute broadcast every morning just after the open. Chinese Stocks TV is archived, so you can catch up on shows you missed.

Second, if you want to research each of the 250 companies to find candidates for your portfolio, it has a very intuitive directory that lets you quickly review each company on the master list, or parse it out by industry and exchange if you have a particular sector of interest. Cool stuff.

2. Right here on AGORACOM, you can refer to our China category for other featured Chinese Small-Cap Companies. As always, we will disclose any IR relationship with any public company. Given the sheer number of great Chinese Small-Cap Companies out there, you can expect us NOT to have an IR relationship with most of these companies.

Regards,
George

ChinaSecurities.com Small-Cap Company Feature: Worldwide Energy & Manufacturing USA, Inc

Posted by AGORACOM at 9:29 AM on Friday, April 16th, 2010

As many of you know, we are very bullish on the long-term future of Chinese small cap and mid cap companies for two reasons:

1] The obvious reason – China is the fastest growing economy on the planet and nothing is going to slow down its ascent over the next 50 years and beyond. Investing in growth companies there just makes too much sense.

2] Great Results and Valuations – Many Small Cap Chinese Companies are listing in the US (OTCBB, NYSE Alternext and NASDAQ) with great financial results. Unlike many dubious US Small Cap Companies, Chinese Companies don’t seem to believe in losing money or failing to execute in a business plan. As such, 7-digit revenues and profits are very common.

From a valuation point of view, many Chinese companies became a victim of their own success in Q4 2008 and Q1 2009. Why? When the world needed to start liquidating, one of the first places they looked were China where most investors had significant gains to sell into. This resulted in the proverbial baby being thrown out with the bathwater and some great valuations.

TODAY’S FEATURED COMPANY

Worldwide Energy & Manufacturing USA, Inc (OTC.BB:WEMU)

Wemu - rectangle

Worldwide Energy and Manufacturing USA, Inc. headquartered in South San Francisco, California, is a 16-year-old engineering-oriented firm specializing in photovoltaic (PV) panel, mechanical, electronics and fiber optic products manufacturing. The company’s worldwide customer base includes the industries of solar energy, wireless telecommunications, aerospace, automobiles and medical equipment.

On April 16th 2010, the Company announced financial results for the full year ended December 31, 2009.

Check out the full details below!

Read Full Press Release

China Stocks TV Segment

Financial highlights of 2009 fiscal year are:

  • Company Reports Record Revenue of $62.2 Million, up 35.5% Year-Over-Year
  • EBITDA up 89% Year-Over-Year (excluding derivative liability)
  • Solar Division Revenue up 54% Year-Over-Year
  • Solar Division Gross Profit up 175%
  • Solar Division Gross margins up from 5.5% in fiscal 2008 to 9.9% in fiscal 2009
  • Total Assets up 81% Year-Over-Year, from $19.13 Million to $34.65 Million
  • Cash and Cash Equivalents increased 80.3% to $9.18 million Year-Over-Year

YOUR RESEARCH STARTING POINTS FOR CHINESE SMALL CAP AND MID CAP COMPANIESWe’ve provided investors with two great starting points to research great Chinese small cap and mid cap companies.

1. ChinaSecurities.com – ChinaSecurities.com tracks 250 of the best small cap and mid cap companies trading on North American exchanges. It provides you with the best of the best in two ways. First, the front page lists the best news of the day coming out of the space. It does so by giving you a text view of the best press releases by industry and via Chinese Stocks TV, a 5-minute broadcast every morning just after the open. Chinese Stocks TV is archived, so you can catch up on shows you missed.

Second, if you want to research each of the 250 companies to find candidates for your portfolio, it has a very intuitive directory that lets you quickly review each company on the master list, or parse it out by industry and exchange if you have a particular sector of interest. Cool stuff.

2. Right here on AGORACOM, you can refer to our China category for other featured Chinese Small-Cap Companies. As always, we will disclose any IR relationship with any public company. Given the sheer number of great Chinese Small-Cap Companies out there, you can expect us NOT to have an IR relationship with most of these companies.

Regards,
George

ChinaSecurities.com Small-Cap Company Feature: China Sun Group High-Tech Co., Ltd.

Posted by AGORACOM at 9:30 AM on Thursday, April 15th, 2010

As many of you know, we are very bullish on the long-term future of Chinese small cap and mid cap companies for two reasons:

1] The obvious reason – China is the fastest growing economy on the planet and nothing is going to slow down its ascent over the next 50 years and beyond. Investing in growth companies there just makes too much sense.

2] Great Results and Valuations – Many Small Cap Chinese Companies are listing in the US (OTCBB, NYSE Alternext and NASDAQ) with great financial results. Unlike many dubious US Small Cap Companies, Chinese Companies don’t seem to believe in losing money or failing to execute in a business plan. As such, 7-digit revenues and profits are very common.

From a valuation point of view, many Chinese companies became a victim of their own success in Q4 2008 and Q1 2009. Why? When the world needed to start liquidating, one of the first places they looked were China where most investors had significant gains to sell into. This resulted in the proverbial baby being thrown out with the bathwater and some great valuations.

TODAY’S FEATURED COMPANY

China Sun Group High-Tech Co., Ltd. (OTC.BB:CSGH)

Head logo

China Sun Group High-Tech Co., (“China Sun Group”) produces anode materials used in Li batteries. Through its wholly-owned operating subsidiary, Dalian Xinyang High-Tech Development Co. Ltd (“DLX”), the Company primarily produces cobaltosic oxide and lithium cobalt oxide. According to the China Battery Industry Association, DLX has the second largest cobalt series production capacity in the People’s Republic of China. Through its research and development division, DLX owns a proprietary series of nanometer technologies that supply state-of-the-art components for advanced Li batteries. Leveraging its state-of-the-art technology, high-quality product line and scalable production capacity, the Company plans to create a fully integrated supply chain from the primary manufacturing of cobalt ore to finished products, including Li batteries.

On April 15th, 2010 the Company announced its financial results for the third quarter ended February 28, 2010.

Check out the full details below!

Read Full Press Release

China Stocks TV Segment

Third Quarter Fiscal Year 2010 Highlights

— Revenue increased 22.7% to $10.8 million from $8.8 million in the  quarter ended February 28, 2009

— Gross profit increased 4.2% to $3.4 million from $3.2 million in same period 2009

— Operating income increased 6.6% year-over-year to $3.4 million from $3.2 million

— Net income increased 8.2% year-over-year to $2.2 million, or $0.04 per diluted share

YOUR RESEARCH STARTING POINTS FOR CHINESE SMALL CAP AND MID CAP COMPANIESWe’ve provided investors with two great starting points to research great Chinese small cap and mid cap companies.

1. ChinaSecurities.com – ChinaSecurities.com tracks 250 of the best small cap and mid cap companies trading on North American exchanges. It provides you with the best of the best in two ways. First, the front page lists the best news of the day coming out of the space. It does so by giving you a text view of the best press releases by industry and via Chinese Stocks TV, a 5-minute broadcast every morning just after the open. Chinese Stocks TV is archived, so you can catch up on shows you missed.

Second, if you want to research each of the 250 companies to find candidates for your portfolio, it has a very intuitive directory that lets you quickly review each company on the master list, or parse it out by industry and exchange if you have a particular sector of interest. Cool stuff.

2. Right here on AGORACOM, you can refer to our China category for other featured Chinese Small-Cap Companies. As always, we will disclose any IR relationship with any public company. Given the sheer number of great Chinese Small-Cap Companies out there, you can expect us NOT to have an IR relationship with most of these companies.

Regards,
George


ChinaSecurities.com Small-Cap Company Feature: China Green Material Technologies

Posted by AGORACOM at 9:30 AM on Tuesday, April 13th, 2010

As many of you know, we are very bullish on the long-term future of Chinese small cap and mid cap companies for two reasons:

1] The obvious reason – China is the fastest growing economy on the planet and nothing is going to slow down its ascent over the next 50 years and beyond. Investing in growth companies there just makes too much sense.

2] Great Results and Valuations – Many Small Cap Chinese Companies are listing in the US (OTCBB, NYSE Alternext and NASDAQ) with great financial results. Unlike many dubious US Small Cap Companies, Chinese Companies don’t seem to believe in losing money or failing to execute in a business plan. As such, 7-digit revenues and profits are very common.

From a valuation point of view, many Chinese companies became a victim of their own success in Q4 2008 and Q1 2009. Why? When the world needed to start liquidating, one of the first places they looked were China where most investors had significant gains to sell into. This resulted in the proverbial baby being thrown out with the bathwater and some great valuations.

TODAY’S FEATURED COMPANY

China Green Material Technologies (OTCBB:CAGM)

China Green Material Technologies, Inc.  is a China-based manufacturer of starch-based biodegradable containers, tableware and packaging products. Headquartered in Harbin city of China, the Company currently has 153 employees. The Company has developed proprietary biodegradable food packaging materials technologies.

On April 13th, 2010 the Company announced its financial results for the full year ended December 31, 2009.

Check out the full details below!

Read Full Press Release

China Stocks TV Segment

Financial highlights of 2009 fiscal year are:

  • Full year revenues increased 21.8% to $13,407,287 for the year ended December 31, 2009 compared to $11,008,513 in 2008
  • Gross profit was $6,354,433 in 2009 versus $5,327,929 a year ago, while gross margin came in at 47.4% in 2009 and 48.4% for the full year in 2008.
  • Full year net income was $4,134,946 in 2009 versus $5,892,352 for the fiscal year ended December 31, 2008.

YOUR RESEARCH STARTING POINTS FOR CHINESE SMALL CAP AND MID CAP COMPANIESWe’ve provided investors with two great starting points to research great Chinese small cap and mid cap companies.

1. ChinaSecurities.com – ChinaSecurities.com tracks 250 of the best small cap and mid cap companies trading on North American exchanges. It provides you with the best of the best in two ways. First, the front page lists the best news of the day coming out of the space. It does so by giving you a text view of the best press releases by industry and via Chinese Stocks TV, a 5-minute broadcast every morning just after the open. Chinese Stocks TV is archived, so you can catch up on shows you missed.

Second, if you want to research each of the 250 companies to find candidates for your portfolio, it has a very intuitive directory that lets you quickly review each company on the master list, or parse it out by industry and exchange if you have a particular sector of interest. Cool stuff.

2. Right here on AGORACOM, you can refer to our China category for other featured Chinese Small-Cap Companies. As always, we will disclose any IR relationship with any public company. Given the sheer number of great Chinese Small-Cap Companies out there, you can expect us NOT to have an IR relationship with most of these companies.

Regards,
George

PFN Capital Corp-Phase II Final Drilling Intersects 8.46 g/t Gold over 3 metres

Posted by AGORACOM at 3:42 PM on Monday, April 12th, 2010

Pfn

  • Drilling at the DAC Deposit continued to intersect multiple gold zones with high grade values over significant widths (Table 1) including DES10-137 which intersected 20.85 g/t gold over 1.1 m within a vein zone that averages 8.46 g/t over 3.0m.
  • This same hole intersected another gold zone containing 12.0 g/t gold over 0.5 m within a quartz-veined shear zone averaging 1.16 g/t gold over 6.6 m and a massive sulphide lens assaying 6.4% zinc over 1.0 m.

Now, as a client of AGORACOM, assume I am horribly conflicted about the prospects for PFN Capital and do your own due diligence.

IR Hub / Company Profile / Discussion Forum

ChinaSecurities.com Small-Cap Company Feature: Sancon Resources Recovery

Posted by AGORACOM at 9:30 AM on Friday, April 9th, 2010

As many of you know, we are very bullish on the long-term future of Chinese small cap and mid cap companies for two reasons:

1] The obvious reason – China is the fastest growing economy on the planet and nothing is going to slow down its ascent over the next 50 years and beyond. Investing in growth companies there just makes too much sense.

2] Great Results and Valuations – Many Small Cap Chinese Companies are listing in the US (OTCBB, NYSE Alternext and NASDAQ) with great financial results. Unlike many dubious US Small Cap Companies, Chinese Companies don’t seem to believe in losing money or failing to execute in a business plan. As such, 7-digit revenues and profits are very common.

From a valuation point of view, many Chinese companies became a victim of their own success in Q4 2008 and Q1 2009. Why? When the world needed to start liquidating, one of the first places they looked were China where most investors had significant gains to sell into. This resulted in the proverbial baby being thrown out with the bathwater and some great valuations.

TODAY’S FEATURED COMPANY

Sancon Resources Recovery, Inc. (OTCBB:SRRY)

Srry - header

Sancon Resources Recovery, Inc. is an environmental service company specializes in the collection, processing, and selling of the reprocessed material such as plastic, metal, paper, cardboard, glass etc. The recycled materials are re-used by Sancon’s manufacturing clients to make a wide variety of new products that include: outdoor furniture, construction materials, building materials, packaging materials, and various other products.

On April 9th, 2010 the Company announced results for the fourth quarter and fiscal year ended December 31, 2009.

Check out the full details below!

Read Full Press Release

China Stocks TV Segment

Financial highlights of 2009 fiscal year are:

  • Revenue in 2009 grew 4% to $11 million from $10.57 million in 2008 due to the growth in our Waste Management Service. Revenue in 2007 was $4.78 million.
  • Gross profit decreased 13% to $5.17 million in 2009 from $5.91 million in 2008. Gross profit in 2007 was $1.4 million.
  • Gross margin decreased from 56% in 2008 to 47% in 2009 due to the increase of cost of revenue. This increase was related to the increase of transportation costs resulted from change of shipping method that required by the customers. Gross margin in 2007 was 29%.
  • EBITDA increased from $1.76 Million in 2008 to $2.32 million in 2009, due to effective cost control and reduction in outsourced activities.
  • Net income in 2009 was $2.09 million, or $0.09 per share, compared to $1.65 million, or $0.08 per share in the year ago period. Although our gross margin decreased, we gained higher net income in 2009. Our G&A expenses decreased substantially in 2009 compare to 2008.

YOUR RESEARCH STARTING POINTS FOR CHINESE SMALL CAP AND MID CAP COMPANIESWe’ve provided investors with two great starting points to research great Chinese small cap and mid cap companies.

1. ChinaSecurities.com – ChinaSecurities.com tracks 250 of the best small cap and mid cap companies trading on North American exchanges. It provides you with the best of the best in two ways. First, the front page lists the best news of the day coming out of the space. It does so by giving you a text view of the best press releases by industry and via Chinese Stocks TV, a 5-minute broadcast every morning just after the open. Chinese Stocks TV is archived, so you can catch up on shows you missed.

Second, if you want to research each of the 250 companies to find candidates for your portfolio, it has a very intuitive directory that lets you quickly review each company on the master list, or parse it out by industry and exchange if you have a particular sector of interest. Cool stuff.

2. Right here on AGORACOM, you can refer to our China category for other featured Chinese Small-Cap Companies. As always, we will disclose any IR relationship with any public company. Given the sheer number of great Chinese Small-Cap Companies out there, you can expect us NOT to have an IR relationship with most of these companies.

Regards,
George