CGA the most undervalued stock on earth
Dear Sirs,
if you can afford the time, please have deap look at china green agriculture. Currently trading with a P/E of 2
Shareholder Assets of 242 Million US$ Market Cap of 85Million US$. I can promise you this stock is worth a discussion.:t_up:
Here ist the official presentation:
http://www.cgagri.com/IR/cgagri/CHIN...CULTUREINC.pdf
Here you can find Balance , Income, Cash Flow:
http://finance.yahoo.com/q?s=CGA
China Green Agriculture Listed as Asia's 200 Best Under A Billion by Forbes Asia
XI'AN, China, Aug. 27, 2013 /PRNewswire-FirstCall/ -- China Green Agriculture, Inc. (NYSE: CGA; "China Green Agriculture", "we" or the "Company"), a company that mainly produces and distributes humic acid-based compound fertilizers, other varieties of compound fertilizers and agricultural products through its wholly-owned subsidiaries in China, today announced that the Company has been listed in Forbes Asia's list of 200 Best Under A Billion for the year 2013. For the complete list of Asia's 200 Best Under A Billion, please visit http://www.forbes.com/asia200/list/. This is the fourth consecutive year the Company is recognized by Forbes.
This year's 200 Best Under A Billion (the "BUB") list draws from over 15,000 publicly listed Asia-Pacific companies, each with annual revenue between US$5 million and US$1 billion. The top 200 companies were identified by Forbes editors based on their sales growth, earnings growth and return on equity in the past 12 months and over three years in the following criteria: five-year average return on equity and pretax margin greater than 10%, positive sales and earnings per share growth for both the most recent fiscal one and three-year periods, debt less than 75% of shareholders' equity, and a trading history of at least one year. Only 52 of the 200 repeat from last year, although a dozen others returned to the BUB from lists previous to that.
In recognition of the achievement of these 200 "Best Under A Billion" Companies, Mr. Tao Li, Chairman & CEO of the company and Mr. Kun Ren, CFO of the company were invited to attend the award ceremony organized by Forbes Asia on October 29, 2013.
"We are honored that Forbes Asia has recognized us as one of Asia's '200 Best under a Billion' companies, Mr. Kun Ren and I will attend the award ceremony," stated Mr. Tao Li. "We believe this accolade reflects our substantial business achievements and potential growth capability in the fertilizer industry."
About China Green Agriculture, Inc.
The Company mainly produces and distributes humic acid-based compound fertilizers, other varieties of compound fertilizers and agricultural products through its wholly-owned subsidiaries, i.e.: Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. ("Jinong"), Beijing Gufeng Chemical Products Co., Ltd. ("Gufeng") and Xi'an Hu County Yuxing Agriculture Technology Development Co., Ltd. ("Yuxing"). Jinong produced and sold 134 different kinds of fertilizer products as of June 30, 2013, all of which are certified by the PRC government as Green Food Production Materials, as stated by the China Green Food Development Center. Jinong currently markets its fertilizer products to private wholesalers and retailers of agricultural farm products in 27 provinces, four autonomous regions, and three central-government-controlled municipalities in the PRC. Jinong had 826 distributors in China as of June 30, 2013. Gufeng, and its wholly-owned subsidiary, Beijing Tianjuyuan Fertilizer Co., Ltd., are Beijing-based producers of compound fertilizer, blended fertilizer, organic compound fertilizer, and mixed organic-inorganic compound fertilizer. As of June 30, 2013, Gufeng produced and sold 320 different kinds of fertilizer products, and had 201 distributors in China. For more information, visit http://www.cgagri.com. The Company routinely posts important information on its website.
Balance Sheet. Wake up call, before earning release.
Still a P/E of 2 !!!!!!!!!!!!!!!!!!!!!!!!
Unit: USD million |
To 2012-06-30 |
To 2011-06-30 |
To 2010-06-30 |
To 2009-06-30 |
Cash and cash equivalents |
71.98 |
65.61 |
62.34 |
17.80 |
Short-term investments |
0.00 |
0.00 |
0.00 |
0.00 |
Cash and short-term investments |
71.98 |
65.61 |
62.34 |
17.80 |
Net accounts receivable |
62.00 |
17.52 |
15.57 |
8.17 |
Other receivables |
0.00 |
0.00 |
0.00 |
0.00 |
Total Receivables |
62.30 |
18.05 |
15.61 |
8.26 |
Total Inventory |
28.60 |
23.73 |
11.26 |
7.16 |
Prepaid expenses |
12.21 |
11.49 |
0.22 |
0.10 |
Total other current assets |
0.00 |
0.00 |
0.04 |
0.28 |
Total Current Assets |
175.09 |
118.88 |
89.48 |
33.59 |
Property / Plant / Equipment Total Assets |
103.45 |
89.36 |
35.25 |
30.22 |
Accumulated depreciation |
-23.39 |
-18.49 |
-5.63 |
-3.27 |
Goodwill |
5.08 |
4.96 |
0.00 |
0.00 |
Intangible assets |
27.62 |
28.51 |
11.59 |
1.07 |
Long-term investments |
0.00 |
0.00 |
0.00 |
0.00 |
Other long-term assets |
0.18 |
0.15 |
1.10 |
0.00 |
Total Assets |
288.03 |
223.37 |
131.79 |
61.62 |
Accounts Payable |
7.25 |
6.05 |
0.40 |
0.96 |
Accrued expenses |
2.95 |
1.92 |
0.34 |
0.80 |
Notes payable / short-term debt |
13.93 |
4.10 |
0.00 |
3.17 |
Long Term Debt / Capital Leases |
0.00 |
0.00 |
0.00 |
0.00 |
Other Current Liabilities, Total |
21.64 |
19.43 |
2.51 |
3.53 |
Total current liabilities |
45.77 |
31.50 |
3.25 |
8.46 |
Long-term liabilities |
0.00 |
0.00 |
0.00 |
0.00 |
Capital lease obligations |
0.00 |
0.00 |
0.00 |
0.00 |
Total long-term liabilities |
0.00 |
0.00 |
0.00 |
0.00 |
Total debt |
13.93 |
4.10 |
0.00 |
3.17 |
Deferred income tax |
0.00 |
0.00 |
0.00 |
0.00 |
Minority interests |
0.00 |
0.00 |
0.00 |
0.00 |
Other Liabilities, Total |
0.00 |
0.00 |
0.00 |
0.00 |
Total liabilities |
45.77 |
31.50 |
3.25 |
8.46 |
Total redeemable preference shares |
0.00 |
0.00 |
0.00 |
0.00 |
Net non-redeemable preference shares |
0.00 |
0.00 |
0.00 |
0.00 |
Ordinary shares |
0.03 |
0.03 |
0.02 |
0.01 |
Additional Paid-In Capital |
102.18 |
98.63 |
75.76 |
2.06 |
Retained earnings (accumulated losses) |
124.27 |
82.32 |
49.40 |
28.11 |
Treasury stock - common stock |
0.00 |
0.00 |
0.00 |
0.00 |
Other Interests |
15.78 |
10.90 |
3.36 |
22.98 |
Total Equity |
242.26 |
191.87 |
128.54 |
53.16 |
Total liabilities and shareholders' equity |
288.03 |
223.37 |
131.79 |
61.62 |
Issue of shares - ordinary shares starting |
0.00 |
0.00 |
0.00 |
0.00 |
Issued ordinary shares |
27.46 |
26.85 |
24.57 |
12.28 |
You can not buy at NYSE ?
Quote:
Originally Posted by
Dej
Unknown I would say, havent really seen anything on the news with this, have been interested in this stock since you first posted awhile back, but unfortunately given I use direct broking I cannot buy any :t_down:
You can not buy shares at NYSE ?
I am searching for fertilizer experts
I am still searching for fertilizer experts who help to bring some light on CGA.
The margines for all players in the fertilizer market are und pressure. That is no secret.
My speculation is that CGA will do a little bit better than the average.
With the regained confidence in CGA, we can hope for the big guys after earnings release on November 11th.
I place my bets tomorow.
CGA has attended Forbes best of 200 ceronomy last week. They were selected for the 4 times in a row.
No one has archived that.
http://finance.yahoo.com/news/china-...063100364.html
XI'AN, China, Nov. 3, 2013 /PRNewswire-FirstCall/ -- China Green Agriculture, Inc. (NYSE: CGA; "China Green Agriculture", "we" or the "Company"), a company that mainly produces and distributes humic acid-based compound fertilizers, other varieties of compound fertilizers and agricultural products through its wholly-owned subsidiaries in China, today announced that the company was attending the Asia's 200 Best Under A Billion Ceremony Hold by Forbes Asia on Oct 29, 2013. For the complete list of Asia's 200 Best Under A Billion, please visit http://www.forbes.com/asia200/list/. This is the fourth consecutive year the Company is recognized by Forbes.
This year's 200 Best Under A Billion (the "BUB") list draws from over 15,000 publicly listed Asia-Pacific companies, each with annual revenue between US$5 million and US$1 billion. Only 52 of the 200 repeat from last year, although a dozen others returned to the BUB from lists previous to that.
In recognition of the achievement of these 200 "Best Under A Billion" Companies, the company was invited to attend the award ceremony organized by Forbes Asia on October 29, 2013, and was invited to the Economic Roundtable before the start of the award ceremony and dinner with Mr. Christopher Forbes, Vice Chairman of Forbes Media LLC and Mr. Tim Ferguson, Editor of Forbes Asia, to discuss Asia Pacific's economic outlook in 2014. Olivier Gougeon, Regional CEO, Societe Generale Private Banking (Asia Pacific); Brendan Canavan, President, Asia Pacific Region were all presenting the award ceremony to celebrate the 200 "Best Under A Billion" Companies. The listed companies are all small and midsize growth companies among Asia and Pacific region, such as GungHo Online Entertainment, Flexium Interconnect and Super Group.
"We are honored that we are awarded the Region's Top 200 Small and Midsize Companies by Forbes Asia," stated Mr. Tao Li. "Thanks for Forbes' organization, which offers chances for the companies to communicate with each other and with worthy people on many fields. We believe this accolade reflects our substantial business achievements and potential growth capability in the fertilizer industry."